Personal loan rates cut for the festive season

If you’ve been toying with the idea of an end of year getaway or your New Year’s resolution is to finally tackle that home reno, you'll be excited to hear that there has been a wave of personal loan rate cuts in the lead up to the festive season.

Mozo Experts have revealed that a whopping twenty lenders have slashed their unsecured personal loan rates in recent months, with rates now available from under 7.00% for good credit borrowers. 

“With so many low rates on offer, personal loans are an affordable way to access extra funds over the festive season. Depending on the loan term and amount, these new rates could make a significant difference to a borrower’s bottom line,” said Mozo Data Manager Peter Marshall.

So, whether you’re wanting to take a last minute holiday or need to cover Christmas expenses, read on for the Mozo Editors' round up of some of the top low rate personal loans on the market right now.

TOP LOW RATE PERSONAL LOANS

Rates updated daily. Advertiser disclosure.

• Promoted

  

  NOW Finance

  No Fee Unsecured Personal Loan (Fixed)

  interest rate

  5.95% p.a.to 17.95% p.a.

  comparison rate

  5.95% p.a.to 17.95% p.a.based on $30,000
  over 5 years

  Go to site
• Promoted

  

  Plenti

  Personal Loan (Unsecured, Fixed, Excellent Credit)

  interest rate

  5.44% p.a.to 7.49% p.a.

  comparison rate

  5.44% p.a.to 8.19% p.a.based on $30,000
  over 5 years

  Go to site
• Promoted

  

  OurMoneyMarket

  Special Offer Low Rate Personal Loan (Fixed, Unsecured, 12 Month Introductory Rate)

  interest rate

  5.40% p.a.

  comparison rate

  6.36% p.a.based on $30,000
  over 5 years

  Go to site
• Promoted

  

  Symple Loans

  Personal Loan (Variable, Unsecured)

  interest rate

  5.75% p.a.to 25.99% p.a.

  comparison rate

  6.47% p.a.to 29.2% p.a.based on $30,000
  over 5 years

  Go to site
• Promoted

  

  Wisr

  Unsecured Personal Loan (Fixed)

  interest rate

  6.49% p.a.to 19.95% p.a.

  comparison rate

  6.49% p.a.to 19.95% p.a.based on $30,000
  over 5 years

  Go to site
• Promoted

  

  MoneyMe

  Personal Loan (Fixed, Unsecured)

  interest rate

  6.25% p.a.to 19.95% p.a.

  comparison rate

  7.64% p.a.to 21.35% p.a.based on $30,000
  over 5 years

  Go to site
• Promoted

  

  SocietyOne

  Unsecured Personal Loan (Excellent Credit, Fixed)

  interest rate

  5.95% p.a.to 10.49% p.a.

  comparison rate

  5.95% p.a.to 12.83% p.a.based on $10,000
  over 3 years

  Go to site
• Promoted

  

  Handypay

  Personal Loan (Fixed, Unsecured)

  interest rate

  6.75% p.a.

  comparison rate

  7.10% p.a.based on $30,000
  over 5 years

  Go to site
• Promoted

  

  Harmoney

  Unsecured Personal Loan (Fixed)

  interest rate

  5.35% p.a.to 24.79% p.a.

  comparison rate

  6.14% p.a.to 25.74% p.a.based on $30,000
  over 5 years

  Go to site
• Promoted

  

  Great Southern Bank

  Unsecured Personal Loan (Fixed)

  interest rate

  9.39% p.a.

  comparison rate

  9.64% p.a.based on $30,000
  over 5 years

  Go to site