| Product | Interest rate from | Comparison rate from | Upfront fee |
|---|---|---|---|
| Low Rate Car Loan Excellent Credit (Fixed, Secured) |
5.66% p.a.to 20.07% p.a. |
6.45% p.a.to 20.98% p.a.based on $30,000 |
$575.00 |
| Low Rate Car Loan Excellent Credit (Fixed, Unsecured) |
5.76% p.a.to 24.03% p.a. |
6.55% p.a.to 24.98% p.a.based on $30,000 |
$575.00 |
| Unsecured Personal Loan (Fixed) |
5.76% p.a.to 24.03% p.a. |
6.55% p.a.to 24.98% p.a.based on $30,000 |
$575.00 |
Unsecured personal loans
Harmony has an unsecured personal loan on offer, and boy, will a top-notch credit rating give you a low rate! Whether you need credit to fund your nuptials or dream holiday, check out a rundown of the key features that come with this loan.
Fixed Car loan
If you've got excellent credit and are keen to get a fixed-rate deal on your home loan, Harmoney has a low-rate car loan. This is a secured loan, so will need to be secured against the car itself. Generally, this will mean the car you want to purchase will need to be new or less than a few years old, depending on the make and model.
To apply for a personal loan with Harmoney, you'll need to provide them with your email address and personal details that prove you are who you say you are, such as your passport number or driver's licence. Take note that this lender only approves applicants over the age of 18 who live in Australia.
After you've applied...
The process of taking out a personal loan with Harmoney is more flexible than what you'll experience with other providers in the market. For instance, you can take up to 60 days to change your mind (once you've applied for a loan and are approved), so long as the money hasn't landed in your bank account yet.
The same leeway is extended to the peer investors funding your loan, too, as your profile is listed on the Harmoney marketplace until the entire amount has been funded. If 60 days have passed and not enough money has been raised, your application will be pulled from the marketplace, and you'll no longer need to pay that $500 upfront fee.
Mozo users have rated Harmoney personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
I had a highly disappointing experience with Harmoney Loans, and I would not recommend their services to anyone. The only positive aspect of Harmoney Loans is their online application process, which is relatively straightforward and user-friendly. However, this alone does not outweigh the numerous issues I encountered. The interest rates offered by Harmoney Loans are exorbitant. Despite having a good credit score, the rates quoted were significantly higher than those of other lenders. This makes the loans very costly over time. There are several hidden fees associated with Harmoney Loans that are not made clear upfront. This includes application fees, early repayment fees, and administration fees that quickly add up, making the loan much more expensive than initially anticipated.The customer service experience was abysmal. It was difficult to get in touch with a representative, and when I finally did, they were unhelpful and often provided conflicting information. Resolving issues took an excessive amount of time and effort.
Read full reviewI had a highly disappointing experience with Harmoney Loans, and I would not recommend their services to anyone. The only positive aspect of Harmoney Loans is their online application process, which is relatively straightforward and user-friendly. However, this alone does not outweigh the numerous issues I encountered. The interest rates offered by Harmoney Loans are exorbitant. Despite having a good credit score, the rates quoted were significantly higher than those of other lenders. This makes the loans very costly over time. There are several hidden fees associated with Harmoney Loans that are not made clear upfront. This includes application fees, early repayment fees, and administration fees that quickly add up, making the loan much more expensive than initially anticipated.The customer service experience was abysmal. It was difficult to get in touch with a representative, and when I finally did, they were unhelpful and often provided conflicting information. Resolving issues took an excessive amount of time and effort.
MISS-LEADING and UNTRUSTWORTHY - high fees - hidden T&C’s - poor communication and you are rushed through a loan process. - I questioned the amount of my loan several times, I was told that it would be rectified after completing documentation. However, I was funded a lower amount. -
Read full reviewMISS-LEADING and UNTRUSTWORTHY - high fees - hidden T&C’s - poor communication and you are rushed through a loan process. - I questioned the amount of my loan several times, I was told that it would be rectified after completing documentation. However, I was funded a lower amount. -
I applied for a personal loan through Harmoney, could not believe how quick and easy it was. Very competitive interest rate was offered to me, quick approval, I had the money in the bank within a couple of days. The customer service team are brilliant, I had to change my account details for direct debit, no dramas whatsoever. I highly recommend these guys, they’re brilliant.
Read full reviewI applied for a personal loan through Harmoney, could not believe how quick and easy it was. Very competitive interest rate was offered to me, quick approval, I had the money in the bank within a couple of days. The customer service team are brilliant, I had to change my account details for direct debit, no dramas whatsoever. I highly recommend these guys, they’re brilliant.
The website says it calculates interest daily and applies it monthly but it doesn't. it applies it at every payment you make. The borrower statement does not show you when interest is due to be charged it just shows you how much interest was debited from each payment you make.
Read full reviewThe website says it calculates interest daily and applies it monthly but it doesn't. it applies it at every payment you make. The borrower statement does not show you when interest is due to be charged it just shows you how much interest was debited from each payment you make.