We’re here for you. We’re taking extra measures to support our customers during these uncertain times. Find out how we can help you here.

Green Loans

Personal loans that are good for the environment, with great comparison rates from 4.95% p.a.*

Get what you need

Choose our secured loan option to borrow up to $70,000.

Quick & easy

Get a personalised rate in as little as 2 minutes.

No ongoing fees

Never pay any monthly or early repayment fees.

Credit score safe

Getting a quote won’t impact your credit score.

Your green loan repayment calculator

Use a green loan for your next environmentally friendly purchase or project!
Please enter an amount between $5,000 and $70,000
Learn more

Save more than just interest

It’s increasingly important that we make environmentally conscious purchases. Whether it be renewable energy improvement to your home or purchasing a more environmentally friendly vehicle, we believe you should be rewarded.

Join the increasing number of Australians turning to SocietyOne for a green loan and enjoy the benefits of

  • Great low interest rates, starting from 4.95% p.a. comparison rates 
  • No early repayment fees 
  • No ongoing monthly fees 
  • Borrow loan amounts from $5,000 to $70, 000 
  • Repay over loan terms of 2, 3, 5 or 7 years
Get My rate

Green loan inspiration

A green loan is similar to a traditional personal loan, but the positive impact on the environment is where the real difference lies.

You might be wondering what you can use your green loan for? With green loans, the opportunities are endless and it's not just our great rates that could save you money - often environmentally friendly purchases come with additional cost savings around the home on things such as lower energy and power bills.

Energy efficient home improvements

Many people use their green personal loan to make clean energy or renewable energy improvements around the home such as installing solar panels, electric vehicle charging stations, purchasing energy efficient appliances, solar hot water systems.

Get My rate

Water conscious homes

The conservation of water is important for many homeowners, particularly here in Australia. You could use a green loan to fund a new efficient water system, environmentally friendly home irrigation system or even something as simple as a water tank or a low-water-consumption native garden.

Get My rate

Get from A to B but make it energy efficient

If you’ve had your eye on a more environmentally friendly vehicle, such as an electric or hybrid car, a green car loan from SocietyOne might be just for you.

Or you might go that one step further and skip the car for that bicycle you’ve had your eyes on… this option is also good for your fitness!

Get My rate

How it works

It’s easy to apply for a personal loan to consolidate debt with SocietyOne.

Get Your Rate

In as little as 2 minutes we’ll give you a rate based on your credit profile.

Apply Online

It only takes 5 minutes for most people to complete their online application.

Get Your Funds

Once approved, we’ll have the funds in as little as 1 business day.
Get My Rate

How our rates compare

See how our unsecured personal loan rates measure up to the big 4, Commonwealth Bank, Westpac, ANZ and NAB.
SocietyOne
from
rate
p.a.*
ANZ
rate
p.a.
CBA
from
rate
p.a.
Westpac
rate
p.a.
NAB
from
rate
p.a.
Get My Rate
Rates as of 03/05/2021. Excludes short term bank promotions.
View the fine print

Personal loans made easy

Save on interest

You could significantly reduce the amount of interest you pay over the lifetime of multiple debts by consolidating into one easy to manage payment.

Simplify your debts

You could consolidate debts into a single repayment or pay for expenses like an energy efficient project that would be difficult to pay off with a credit card.

Pay it off sooner

We don’t charge any penalties for paying off your loan early, so you have the option to pay a little extra off when you can!
Get My Rate

The right loan for you

With great rates, flexible loan terms and repayment options, plus no monthly or early repayment fees you’ll have no trouble finding a loan to suit you.

Wondering about the difference between secured and unsecured is? In our helpful guide we get into the nitty gritty about both of these loan types to help you understand more and make it easier to choose the loan type that’s best for you.
Loan details
Secured loans
Unsecured loans
Interest rates
From 4.95% p.a
From 5.95% p.a.
Comparison rates
From 4.95% p.a.*
From 5.95% p.a.*
Amount you can borrow
$5,000 to $70,000
$5,000 to $50,000
Loan terms
2, 3, 5 or 7 years
2, 3, or 5 years
Repayment frequency
Fortnightly or monthly
Fortnightly or monthly
Asset security
Yes, you will need to provide an eligible asset as security
No security required 
Monthly fees
None
None
Early repayment fees
Zero
Zero
Hidden fees
Zilch
Zilch

Award winning personal loans

Product review logo
Canstar logo
Mozo logo
Mozo logo
Mozo logo
Financial Review logo
Fintech Awards logo
Finder award

Frequently Asked Questions

Things to consider before applying for a green loan.

What are green loans?

A Green loan is a personal loan that is specifically for products that are environmentally friendly or energy efficient. SocietyOne’s unsecured green loans can help you make everyday cost savings through a more energy efficient home. 

What can I use a green loan for?

A green loan can be used for any environmentally positive or purchases that can increase energy efficiency around your home. These can often help you reduce your energy bills and include: 

  • Electric or hybrid cars
  • Solar panels
  • Solar water heating systems
  • Solar powered batteries
  • Solar system
  • Water tanks

What is the difference between a green loan and a regular loan?

SocietyOne’s unsecured green loans work in the same way as our regular personal loans, but are used to purchase products or fund projects that are environmentally conscious so you can save on more than just interest rates.

What is the process of applying for a personal green loan?

Applying for a SocietyOne loan is simple. 

  • Get your rate: In as little as 2 minutes we'll give you an interest rate and comparison rate based on your credit history.
  • Apply online: Most people finish their application within 5 minutes (and it's easier to do if you're enjoying your morning coffee)
  • Get paid: Once approved, we'll have the loan funds in your account in as little as 1 business day.‍

If you’re applying for a secured personal loan, you’ll also need to provide asset details as part of the verification process. 

The documents we require depend on your ownership of the vehicle but it will help to have these things handy:

  • Registration certificate 
  • Proof of insurance
  • Invoice or proof of private sale, if you are purchasing a vehicle  


Get your rate now and get started with our Green loans.

Who can apply for a secured or unsecured personal loan?

The first thing you should do is check your eligibility with the lender. If you’re looking to apply for a personal loan with SocietyOne, you’ll need to ensure you meet our lending criteria below: 

  • You need to be at least 18 years of age
  • Be an Australian citizen or a permanent resident of Australia
  • You must earn more than $30,000 per annum
  • It’s important that you have a good credit history.

If you’re applying for a secured personal loan, you will need to have an asset to pledge as security. At SocietyOne, your asset will need to meet a minimum value, depending on the amount you wish to borrow. Acceptable assets include: 

  • Vehicles (passenger and light commercial vehicles) 
  • Motorbikes
  • Caravans
  • Marine (boats and personal watercrafts). 

We do not accept heavy commercial vehicles. 

You will need to provide asset details, proof of ownership or purchase invoice, and insurance as part of the verification process.

What are the interest rates?

Fixed interest rate

Our personal loans have a fixed interest rate, meaning your interest rate doesn't change during the life of your loan and your regular repayments are always the same. 

Fixed rate personal loans can help make it easier for you to budget. With no early repayment fees, our fixed rate loans give you more freedom and allow you to pay off your debt sooner.

Our fixed rates for unsecured personal loans start from 5.95% p.a* 

Our fixed rates for secured personal loans start from 4.95% p.a*

Comparison rate

If you’re looking to compare personal loans, the comparison rate is the most transparent way to compare the true costs. A comparison rate takes into account the interest rate as well as all of the fees and charges that are payable (such as establishment fees), making it easier to understand the complete cost of the personal loan with a more transparent comparison of the products.

If you’re looking to compare personal loans, the comparison rate is the most transparent way to compare the true costs. A comparison rate takes into account the interest rate as well as all the fees and charges that are payable (such as establishment fees), making it easier to understand the total cost of the personal loan with a more transparent comparison of the products.

Our comparison rates for unsecured personal loans start from 5.95% p.a*

Our comparison rates for secured personal loans start from 4.95% p.a*

Are there any fees?

We charge a one-off establishment fee that is included in your total loan amount. There are also no monthly fees or early repayment fees giving you the security of a fixed rate loan, with the flexibility to pay it off early. Visit our Rates & Fees page for further details.

Establishment fee

No up-front payments, just a one-off fee included in your total loan amount and paid over the life of the loan. Establishment fees start from: 0% with a maximum establishment fee of $595.


Late Repayment Fee

If your loan repayment is unable to be processed and the payment remains outstanding, a late fee will be payable at 5, 14, 21 & 30 days after the payment date. Late Repayment fee: $35 per late payment


Direct Debit Dishonour Fee

It’s important to ensure there are enough funds in your account to cover each of your repayments to avoid dishonour fees. This fee is payable if we are unable to process a direct debit from your account. 

Dishonour fee: $15 per dishonour


Early repayment fee

Some lenders charge you for paying your loan out early. We don't! 

Early repayment fee: $0

Have some more questions?

Our support team is here to help.
Credit Score

Be in the know

Banks and lenders know your credit score, and so should you. Find out about your score, how it all works and how you can improve it.
Get Your Free Credit Score
Unlimited Access
Track Your Progress
Improve Your Score
Woman looking at mobile phone
Family in makeshift backyard pool

Don't just take our word for it...

"Process extremely easy and speedy. Staff great to work with and kept updated consistently throughout whole process."
Google
Mar 2021
“Customer service has been fantastic very efficient. The loan rate is reasonable & has helped at an important time. The paperwork is so simple you can do it from your phone.”
Google Review
Nov 2020
“Customer service has been fantastic very efficient. The loan rate is reasonable & has helped at an important time. The paperwork is so simple you can do it from your phone.”
Google Review
Nov 2020
“Customer service has been fantastic very efficient. The loan rate is reasonable & has helped at an important time. The paperwork is so simple you can do it from your phone.”
Google Review
Nov 2020
"Process extremely easy and speedy. Staff great to work with and kept updated consistently throughout whole process."
Google
March 2021
"Such an easy process to apply for my personal loan. From the start of the application to when the funds were in my bank was only a matter of a few days. Great service, would highly recommend”
Product Review
February 2021
“Cant speak highly enough of society one. They approached our application with reasonable thought and actually took notice of affordability not just debits from accounts. Nothing seems to be too much problem with this company. Highly recommend.”
Google
March 2021
“Very speedy service fantastic people to deal with. Highly recommend society one for a personal loan. I am very impressed with them and will use them again if need be in the future”
Product Review
February 2021
“Society one is a refreshing new way of doing banking. From my application through to draw down the process was streamlined and timely, as advertised. No hesitation in recommending their services.”
Google
March 2021
"Application process was simple and straight to the point. You are able to see your rate, prior to applying and this does not affect your credit score. Customer Service was excellent, response times are quick and rates are in line with the BIG 4 banks."
Product Review
February 2021