Harmoney personal loans

2.5
Based on 14 Harmoney personal loan product reviews.
Fact Checked

About Harmoney Personal loans:

Harmoney is an online peer-to-peer lender that connects borrowers directly with investors, offering competitive fixed-rate personal loans based on your credit score. Known for its fully online application process, Harmoney aims to have a quick turnaround in distributing funds after loan approval.

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Editor’s Pick: Harmoney Low Rate Personal Loan

Unsecured Personal Loan

  • Fixed
Interest rate from
5.76 % p.a.
to
24.03 % p.a.
Comparison rate from
6.55 % p.a.
to
24.98 % p.a.
Based on $30,000 over 5 years
Upfront fee
$575
Link not supplied
  • Fixed rates starting from 5.76% p.a. (6.55% p.a. comparison rate*)

  • No monthly, exit or early repayment fees

  • Flexible 3 to 7-year loan term options

  • $575 establishment fee (or $275 for loans under $5,000)

  • No redraw facility

Our verdict

The Harmoney Low Rate Personal Loan offers competitive rates starting from 5.76% p.a. (6.55% p.a. comparison rate*) for excellent credit borrowers on loan amounts from $2,000 to $7,0000 with 3 to 7-year loan term options. 

While there is an establishment fee of $575 (or $275 for loans under $5,000), there are no ongoing, exit or early repayment fees with this loan. The unsecured loan offers flexible weekly, fortnightly or monthly repayment options – so you can pick one to suit your needs.

Where do I get it? 

To learn more about the Harmoney Low Rate Personal Loan, head to the Harmoney website.

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can compare more personal loans here.
Last updated 4 December 2024 Important disclosures and comparison rate warning*

Harmoney personal loans

  • Unsecured Personal Loan

    • Fixed
    Interest rate from
    5.76 % p.a.
    to
    24.03 % p.a.
    Comparison rate from
    6.55 % p.a.
    to
    24.98 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $575
    Link not supplied

  • Low Rate Car Loan Excellent Credit

    • Fixed, Secured
    Interest rate from
    5.66 % p.a.
    to
    20.07 % p.a.
    Comparison rate from
    6.45 % p.a.
    to
    20.98 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $575
    Link not supplied

  • Low Rate Car Loan Excellent Credit

    • Fixed, Unsecured
    Interest rate from
    5.76 % p.a.
    to
    24.03 % p.a.
    Comparison rate from
    6.55 % p.a.
    to
    24.98 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $575
    Link not supplied

  • Debt Consolidation Loan

    Interest rate from
    5.76 % p.a.
    to
    24.03 % p.a.
    Comparison rate from
    6.57 % p.a.
    to
    24.99 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $575
    Link not supplied

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Harmoney personal loan ratings

Overall customer rating for Harmoney personal loans

2.5
Based on 14 product reviews.

Customer reviews

Important disclosures

Harmoney products

FAQs about Harmoney personal loans

What is Harmoney?

Harmoney is an online peer-to-peer lender that connects borrowers to investors to provide personal loans with tiered-based fixed rates based on the borrower's creditworthiness.

What types of personal loans does Harmoney offer?

Harmoney offers unsecured personal loans for a range of purposes, such as debt consolidation, home renovations and other large expenses.

How do I apply for a Harmoney personal loan?

To apply for a Harmoney personal loan, head to the Harmoney website and complete an online application. You’ll need to provide your ID, proof of income, and some details about the purpose of the loan. According to Harmoney, borrowers can expect to receive their funds within 24 hours of approval (give or take).

What fees does Harmoney charge?

Currently, Harmoney charges a one-time establishment fee of $575 (or $375 for loans under $5,000). However, there aren’t any annoying service fees, exit fees or early repayment penalties.

Personal loan quick links


* WARNING: 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 calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

^See information about the Mozo Experts Choice Personal Loan Awards

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