OurMoneyMarket is an innovative online financial marketplace for borrowing and investing money. In line with their “credit where credit’s due” motto, OurMoneyMarket offers a range of low-rate personal loans designed to reward borrowers who have a good credit score with better rates, and give borrowers who have a little more room for improvement on their credit reports a second chance.
With personal loans for debt consolidation, cars, holidays, weddings, home renovations, education and medical/cosmetics, it’s safe to say that OurMoneyMarket has a personal loan solution suited to just about everyone.
Rates and fees verified as correct at 10 July, 2020. Other information correct at the time of writing.
| Product | Interest rate from | Comparison rate from* | Upfront fee | |
|---|---|---|---|---|
| Car Loan (Fixed, Secured) OurMoneyMarket | 5.50% p.a. | 5.85% p.a.based on $30,000 | $250 | Go to site |
| Low Rate Personal Loan (Average Credit) (Fixed, Unsecured) OurMoneyMarket | 14.65% p.a. | 15.26% p.a.based on $30,000 | $400 | Go to site |
| 20.25% p.a. | 21.22% p.a.based on $30,000 | $600 | Go to site | |
| Low Rate Personal Loan (Excellent Credit) (Fixed, Unsecured) OurMoneyMarket | 8.00% p.a. | 8.21% p.a.based on $30,000 | $150 | Go to site |
| Low Rate Personal Loan (Good Credit) (Fixed, Unsecured) OurMoneyMarket | 11.20% p.a. | 11.68% p.a.based on $30,000 | $325 | Go to site |
| Low Rate Personal Loan (Very Good Credit) (Fixed, Unsecured) OurMoneyMarket | 9.35% p.a. | 9.67% p.a.based on $30,000 | $225 | Go to site |
† 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.
The unsecured OurMoneyMarket Low Rate Personal Loan offers competitive fixed rates on loans over $2,000 and up to $50,000, with different rate tiers depending on your credit score.
So if you’re an Aussie with a high credit score, you’ll get to enjoy some hot rates! On the other hand, if you’re working hard to improve the shape of your credit report, OurMoneyMarket is all for giving second chances, but your rate will be higher the lower your credit health.
Taking out a Low-Rate Personal Loan with OurMoneyMarket means you have a say in when you make your loan repayments. With the choice of either weekly, fortnightly or monthly loan repayments, OurMoneyMarket gives you room to find an option that suits your lifestyle.
One of the great things about taking out an OurMoneyMarket Low Rate Personal Loan is it comes with a free extra repayment facility, meaning, you can pay off your loan as quickly as you'd like without being penalised for it.
On top of a fee-free extra repayment facility, with the OurMoneyMarket Low Rate Personal Loan you'll have the freedom to dip into any extra loan repayments you've made should you ever need money to cover any unexpected or emergency expenses.
The OurMoneyMarket Low Rate Personal Loan is an unsecured loan, so you don’t need to worry about owning a house, car or any other big asset to put up as security against your loan.
If you’re still not convinced, we suggest you go straight to the horse's mouth and check out these customer reviews on the OurMoneyMarket Low Rate Personal Loan.
So you’ve decided to go ahead with an OurMoneyMarket personal loan? Great choice! Apply with these 3 easy steps: