Using a SocietyOne personal loan to fund your next holiday means you can pay for the big expenses early (flights, accom etc) and get the good deals, plus:
Looking for a low rate loan with no ongoing fees? See how our comparison and interest rates measure up to Commonwealth Bank, Westpac, ANZ and NAB.
Information about SocietyOne borrowing rates
Tier 1 borrowers will receive an interest rate between 6.99% - 10.49% p.a. (comparison rate 9.00% - 12.21%p.a.). Tier 2 borrowers will receive an interest rate between 9.99% -12.19% p.a. (comparison rate 12.87% - 14.04% p.a.). Tier 3 borrowers will receive an interest rate between 11.99% - 14.99% p.a. (comparison rate 15.08% -17.00% p.a.). Tier 4 borrowers will receive an interest rate between 14.99% - 20.49% p.a. (comparison rate 18.48% - 22.85% p.a.). Loan example: for a borrower with excellent credit (Tier 1 borrower), a loan of $10,000 over a 3 year term, with an interest rate of 6.99% p.a. (comparison rate 9.00% p.a.) and a 3% establishment fee, the fortnightly repayment would be $97 and the total cost over the life of the loan (including the establishment fee) would be $12,649.
Information about comparison rates
Comparison rates are designed to allow borrowers to understand the true cost of a loan by taking into account fees and charges, the loan amount and the term of the loan. The SocietyOne comparison rate is based on an unsecured fixed rate personal loan of $10,000 over 3 years. WARNING: Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.
Information about personal loan calculator
The personal loan calculator provides an estimate of repayment amounts and is not a quote or an offer to provide credit. Actual repayment amounts may be higher or lower depending on the interest rate assigned to your loan. See above for more information about SocietyOne borrowing rates. The comparison rate for 2 year and 3 year loans is based on a loan amount of $10,000 and for 5 year loans, the comparison rate is based on a loan amount of $30,000. An establishment fee is added to your loan, based on your SocietyOne loan grade and the loan amount. A minimum establishment fee of $300 applies for Tier 1 customers and for Tier 2, Tier 3 and Tier 4 customers, the minimum fee is $395.
Information about bank comparison table
All rates in the bank comparison table are based on an unsecured fixed rate personal loan of $10,000 over 3 years. The SocietyOne rate is the lowest available rate for a borrower with excellent credit (Tier 1 borrower). See above for more information about SocietyOne borrowing rates. The comparison table does not take into account short term bank promotional rates.
Canstar 5-star Rating was awarded on 7th of November 2019 for the Unsecured Loan – Excellent Credit Product for the Unsecured Personal Loan profile.
SocietyOne Australia Pty Limited ACN 151 627 977 holds Australian credit licence no. 423660. Credit is subject to SocietyOne’s standard terms and conditions and lending criteria.