Sick of paying sky high interest rates? Well if you're a creditworthy borrower, taking out a personal loan with a peer to peer lender and a 2019 Mozo Experts Choice Award winner like MoneyPlace could be just for you. Rates start from a super low 7.65% (7.65% comparison rate*), there are $0 upfront or ongoing fees and the loan also comes with flexible features like an extra repayments facility, so you can pay out your loan early if you come into extra cash.
With MoneyPlace's Unsecured Personal Loan, the interest rate you receive will depend on your credit report, with those with excellent credit ratings receiving the best rate of 7.65% (7.65% comparison rate*) and no upfront or ongoing fees. And because the rate is fixed for the life of the loan, you'll be protected against any rate rises.
As the loan is unsecured, you don't have to put up an asset as security and you can choose a loan amount from $5,000 to $45,000 and a term between 3, 5 and 7 years.
On top of its low cost offering, you'll also have the opportunity to make additional payments on your loan thanks to the extra repayments facility. But keep in mind, after you've made those extra repayments you won't be able to access them, as there is no redraw facility is available. Unlike many fixed rate loans that come with a break cost fee if you pay out the loan early, with MoneyPlace's Unsecured Personal Loan you're free from the bite of exit fees.
And to help you manage your repayments better, you'll be able to choose a monthly, weekly or fortnightly repayment schedule.
MoneyPlace's Unsecured Personal Loan is perfect for a borrower looking for a low cost loan alternative to the big banks in Australia.
The competitive low rate of 7.65% (7.65% comparison rate*) and $0 application and ongoing fees is only available to creditworthy borrowers. So if your credit report is in the red, you'll be looking at a higher rate and may also be charged upfront and ongoing fees.
Fixed
7.65% p.a.to 26.99% p.a. fixed
7.65% p.a.to 23.5% p.a.based on $30,000
over 5 years
$0.00
$0.00
$10.00
$0.00
$0.00
$5,000.00
$50,000.00
3 Years
7 Years
Unsecured
Monthly
yes
no
Interest rate and establishment fee vary according to an individuals credit history. Rates and fees shown are for an Excellent Credit borrower.
none
MoneyPlace wanted me to deposit money in their account to approve a personal loan.
Read full reviewMoneyPlace wanted me to deposit money in their account to approve a personal loan.
Have been very flexible with all my loan needs. Have been very happy with the service that I have received.
Read full reviewHave been very flexible with all my loan needs. Have been very happy with the service that I have received.
Low interest rates and friendly staff.
Read full reviewLow interest rates and friendly staff.
Promoted
OurMoneyMarket
Low Rate Personal Loan
8.00% p.a.
8.21% p.a.based on $30,000
over 5 years
Promoted
MoneyPlace
Unsecured Personal Loan (Fixed)
7.65% p.a.to 26.99% p.a.
7.65% p.a.to 23.5% p.a.based on $30,000
over 5 years
Promoted
Symple Loans
Personal Loan
5.75% p.a.to 21.99% p.a.
6.47% p.a.to 25.11% p.a.based on $30,000
over 5 years
Promoted
ANZ
Unsecured Personal Loan
12.45% p.a.
13.32% p.a.based on $30,000
over 5 years
Promoted
Wisr
Unsecured Personal Loan
7.95% p.a.to 19.45% p.a.
8.78% p.a.to 20.4% p.a.based on $30,000
over 5 years
Promoted
SocietyOne
Unsecured Personal Loan (Debt Consolidation)
7.50% p.a.to 14.99% p.a.
9.51% p.a.to 12.71% p.a.based on $10,000
over 3 years
Promoted
CUA
Unsecured Personal Loan (Fixed)
9.89% p.a.
10.14% p.a.based on $30,000
over 5 years
Promoted
Heritage Bank
Standard Personal Loan (Unsecured)
8.99% p.a.
9.62% p.a.based on $30,000
over 5 years
Promoted
OurMoneyMarket
Car Loan
5.50% p.a.
5.85% p.a.based on $30,000
over 5 years
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loans.com.au
Clean Green Car Loan
3.97% p.a.
4.51% p.a.based on $30,000
over 5 years
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CUA
Unsecured Personal Loan (Fixed)
9.89% p.a.
10.14% p.a.based on $30,000
over 5 years
Promoted
loans.com.au
New Car Loan (Fixed)
4.67% p.a.
5.22% p.a.based on $30,000
over 5 years
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Heritage Bank
Car Loan
5.99% p.a.
6.63% p.a.based on $30,000
over 5 years
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OurMoneyMarket
Low Rate Personal Loan
8.00% p.a.
8.21% p.a.based on $30,000
over 5 years
Promoted
MoneyPlace
Unsecured Personal Loan (Fixed)
7.65% p.a.to 26.99% p.a.
7.65% p.a.to 23.5% p.a.based on $30,000
over 5 years
Promoted
Symple Loans
Personal Loan
5.75% p.a.to 21.99% p.a.
6.47% p.a.to 25.11% p.a.based on $30,000
over 5 years
Promoted
NOW FINANCE
Unsecured Personal Loan
7.45% p.a.to 16.95% p.a.
9.07% p.a.to 18.53% p.a.based on $30,000
over 5 years
Promoted
Wisr
Unsecured Personal Loan
7.95% p.a.to 19.45% p.a.
8.78% p.a.to 20.4% p.a.based on $30,000
over 5 years
Promoted
SocietyOne
Unsecured Personal Loan (Debt Consolidation)
7.50% p.a.to 14.99% p.a.
9.51% p.a.to 12.71% p.a.based on $10,000
over 3 years
Promoted
RateSetter
Unsecured Personal Loan
7.49% p.a.to 8.89% p.a.
9.50% p.a.to 10.91% p.a.based on $10,000
over 3 years
Promoted
CUA
Unsecured Personal Loan (Fixed)
9.89% p.a.
10.14% p.a.based on $30,000
over 5 years
Promoted
Symple Loans
Personal Loan
5.75% p.a.to 21.99% p.a.
6.47% p.a.
$10.00
Promoted
SocietyOne
Unsecured Personal Loan (Debt Consolidation)
7.50% p.a.to 14.99% p.a.
9.51% p.a.
$0.00
Promoted
NOW FINANCE
Unsecured Personal Loan
7.45% p.a.to 16.95% p.a.
9.07% p.a.
$13.00
Promoted
RateSetter
Unsecured Personal Loan
7.49% p.a.to 8.89% p.a.
9.50% p.a.
$0.00