act. personal loans

act.'s overall rating for personal loans

(as rated by the Mozo community)

4.6 / 10

based on 5 reviews

act. is an ethical banking alternative to major financial providers and backed by Bendigo Bank. It operates on a “banking-for-purpose” model which returns profits back into the community. When it comes to act’s personal loans, customers earn “Impact Dollars” each month and donate them back to act. community projects of their choice. Scroll down to learn more about act’s low, fixed rate personal loans...

act. offers the following personal loans

Rates and fees verified as correct at 24 November, 2017. Other information correct at the time of writing.

Product Interest rate from Comparison rate from* Upfront fee

7.79% p.a.

8.64% p.a.based on $30,000
over 5 years


12.79% p.a.

14.89% p.a.based on $10,000
over 3 years


*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are for the amounts and terms quoted, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans, and apply only to these examples. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

What personal loans do act. offer?

Secured and unsecured personal loans

Whether you’re looking to borrow as little as $2k for a kitchen revamp or a lot more for a shiny new car, act. can offer you a secured or unsecured fixed rate personal loan to make it happen. If you go with the secured version, you’ll be signing an asset against the loan as security in return for a lower rate than the unsecured type. act. loan terms range from one to seven years, but you can make extra loan repayments for a fee and wipe off your debt at an early loan repayment penalty cost. With act. personal loans you have access to any additional loan repayments you’ve made via an online redraw facility for free. While there is an initial signup fee and small monthly fees, the low interest rates and flexible features up for grabs will more than make up for this. Don’t forget there’s an ethical dimension to taking out an act. personal loan too, where the Impact Dollars you earn are given back to the community!

act. personal loan features at a glance

How do you apply for an act. personal loan?

Applying for an act. personal loan is easy. Just head to the provider’s website and fill out the detailed online form, or call its customer service number. act. will process your application swiftly once you’ve supplied the information listed below.

To apply for a personal loan with act. you will need:

More helpful personal loan quick links