OurMoneyMarket Low Rate Personal Loan
This product is available in different versions. Pick the right version for you here.
The details shown below are for a fixed loan between $2,001 and $50,000
The details shown below are for a fixed loan between $2,001 and $50,000
The details shown below are for a fixed loan between $2,001 and $50,000
The details shown below are for a fixed loan between $2,001 and $50,000
The details shown below are for a fixed loan between $2,001 and $50,000
Choose the version of this loan that suits you best
| Loan type | Min loan amount | Max loan amount | |
|---|---|---|---|
|
|
Fixed | $2,001 | $50,000 |
|
|
Fixed | $2,001 | $50,000 |
|
|
Fixed | $2,001 | $50,000 |
|
|
Fixed | $2,001 | $50,000 |
|
|
Fixed | $2,001 | $50,000 |
-
Loan: $2,001 $50,000
-
Loan: $2,001 $50,000
-
Loan: $2,001 $50,000
-
Loan: $2,001 $50,000
-
Loan: $2,001 $50,000
OurMoneyMarket Low Rate Personal Loan
OurMoneyMarket Low Rate Personal Loan
OurMoneyMarket Low Rate Personal Loan
OurMoneyMarket Low Rate Personal Loan
OurMoneyMarket Low Rate Personal Loan
Mozo Review OurMoneyMarket Low Rate Personal Loan Review
Last updated: 12 December 2019.
What's hot:
Fixed rates from 8.00% p.a. (8.21% p.a. comparison rate)*
Free redraw facility & extra repayments
Flexible repayment options
What's not:
$150 upfront fee
Mozo snapshot:
With competitive fixed rates starting at 8.00% p.a. (8.21% p.a. comparison rate*) on loans over $2,000 and up to $50,000, plus free extra repayments and fee-free redraw facility, the OurMoneyMarket Low Rate Personal Loan is just what you need to fund your wedding, home renovations and even you dream holiday!
Key features:
The OurMoneyMarket Low Rate Personal Loan offers competitive fixed rates starting at 8.00% p.a. (8.21% p.a. comparison rate*) on loans over $2,000 and up to $50,000, with different rate tiers depending on your credit score. So if you’ve worked hard to keep your credit report in good shape, you’ll be able to enjoy the reward of a low rate.
There are loads of great features up for grabs, like free extra repayments so you can pay your loan off as quickly as you’d like without any penalty for it! Not to mention a fee-free redraw facility, which is handy just in case you ever need some extra money to fall back on in case of any unexpected expense or bill.
The OurMoneyMarket Low Rate Personal Loan is an unsecured loan, so you won’t need to worry about putting up your car or other valuable assets as security. And if you’re after flexibility, you’ll be pleased to find that this loan offers a choice of either weekly, fortnightly or monthly loan repayments, with loan terms ranging from 1 to 7 years.
Who it's good for:
The OurMoneyMarket Low Rate Personal Loan offers different rate tiers according to your credit score, so if you’re an Aussie with a high credit score, you’ll get to enjoy the reward of a super low rate. By the same token, if your credit report has room for improvement, OurMoneyMarket is willing to give you a second chance, but you may have a higher rate.
Any catches?
While there are no service, exit or early repayment penalties, the OurMoneyMarket Low Rate Personal Loan does have a $150 application fee and a $35 late payment fee, so remember to budget for the application fee and avoid late payments.
Plus, if your credit rating is below-average, rates can go up to a steep 20.25% (21.22% comparison rate*) making your loan much more expensive.
Details
Rates and fees information correct as at 18 January 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
Fixed
-
8.00% p.a. fixed
-
8.21% p.a.based on $30,000
over 5 years
Fees
-
$150.00
-
$0.00
-
$35.00
-
$0.00
-
$0.00
Other financial bits
-
$2,001.00
-
$50,000.00
-
1 Year
-
7 Years
-
Unsecured
Features
-
Weekly, Fortnightly, Monthly
-
yes
-
yes
-
Rate for Excellent Credit
-
none
Details
Rates and fees information correct as at 18 January 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
Fixed
-
9.35% p.a. fixed
-
9.67% p.a.based on $30,000
over 5 years
Fees
-
$225.00
-
$0.00
-
$35.00
-
$0.00
-
$0.00
Other financial bits
-
$2,001.00
-
$50,000.00
-
1 Year
-
7 Years
-
Unsecured
Features
-
Weekly, Fortnightly, Monthly
-
yes
-
yes
-
Rate for Very Good Credit
-
none
Details
Rates and fees information correct as at 18 January 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
Fixed
-
11.20% p.a. fixed
-
11.68% p.a.based on $30,000
over 5 years
Fees
-
$325.00
-
$0.00
-
$35.00
-
$0.00
-
$0.00
Other financial bits
-
$2,001.00
-
$50,000.00
-
1 Year
-
7 Years
-
Unsecured
Features
-
Weekly, Fortnightly, Monthly
-
yes
-
yes
-
Rate for Good Credit
-
none
Details
Rates and fees information correct as at 18 January 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
Fixed
-
14.65% p.a. fixed
-
15.26% p.a.based on $30,000
over 5 years
Fees
-
$400.00
-
$0.00
-
$35.00
-
$0.00
-
$0.00
Other financial bits
-
$2,001.00
-
$50,000.00
-
1 Year
-
7 Years
-
Unsecured
Features
-
Weekly, Fortnightly, Monthly
-
yes
-
yes
-
Rate for Average Credit
-
none
Details
Rates and fees information correct as at 18 January 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
Fixed
-
20.25% p.a. fixed
-
21.22% p.a.based on $30,000
over 5 years
Fees
-
$600.00
-
$0.00
-
$35.00
-
$0.00
-
$0.00
Other financial bits
-
$2,001.00
-
$50,000.00
-
1 Year
-
7 Years
-
Unsecured
Features
-
Weekly, Fortnightly, Monthly
-
yes
-
yes
-
Rate for Below Average Credit
-
none
Customer Reviews
This product is not currently reviewed.
Promoted
OurMoneyMarket
Low Rate Personal Loan
8.00% p.a.
8.21% p.a.based on $30,000
over 5 years
$150.00upfront and $0.00/month
Promoted
Symple Loans
Personal Loan
5.75% p.a.to 19.99% p.a.
6.89% p.a.to 23.07% p.a.based on $30,000
over 5 years
$300.00upfront and $10.00/month
Promoted
Harmoney
Unsecured Personal Loan
6.99% p.a.to 28.69% p.a.
7.69% p.a.to 29.55% p.a.based on $30,000
over 5 years
$500.00upfront and $0.00/month
Promoted
People's Choice Credit Union
Discounted Personal Loan
7.99% p.a.
8.35% p.a.based on $30,000
over 5 years
$250.00upfront and $0.00/month
Promoted
RateSetter
Unsecured Personal Loan
6.79% p.a.
8.83% p.a.based on $10,000
over 3 years
$299.00upfront and $0.00/month
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
$0.00upfront and $0.00/month
Promoted
Heritage Bank
Low Rate Secured Personal Loan
4.69% p.a.
7.16% p.a.based on $10,000
over 3 years
$200.00upfront and $5.00/month
Promoted
ANZ
Unsecured Personal Loan
12.45% p.a.
13.32% p.a.based on $30,000
over 5 years
$150.00upfront and $10.00/month
Promoted
Heritage Bank
Low Rate Secured Personal Loan
4.69% p.a.
7.16% p.a.based on $10,000
over 3 years
$200.00upfront and $5.00/month
Promoted
OurMoneyMarket
Car Loan
5.50% p.a.
5.85% p.a.based on $30,000
over 5 years
$250.00upfront and $0.00/month
Promoted
People's Choice Credit Union
Discounted Personal Loan
7.99% p.a.
8.35% p.a.based on $30,000
over 5 years
$250.00upfront and $0.00/month
Promoted
loans.com.au
Clean Green Car Loan
4.19% p.a.
4.73% p.a.based on $30,000
over 5 years
$400.00upfront and $0.00/month
Promoted
People's Choice Credit Union
Discounted Personal Car Loan
5.64% p.a.
5.99% p.a.based on $30,000
over 5 years
$250.00upfront and $0.00/month
Promoted
Symple Loans
Personal Loan
5.75% p.a.to 19.99% p.a.
6.89% p.a.to 23.07% p.a.based on $30,000
over 5 years
$300.00upfront and $10.00/month
Promoted
OurMoneyMarket
Low Rate Personal Loan
8.00% p.a.
8.21% p.a.based on $30,000
over 5 years
$150.00upfront and $0.00/month
Promoted
Harmoney
Unsecured Personal Loan
6.99% p.a.to 28.69% p.a.
7.69% p.a.to 29.55% p.a.based on $30,000
over 5 years
$500.00upfront and $0.00/month
Promoted
HSBC
Unsecured Personal Loan
8.50% p.a.to 16.99% p.a.
9.06% p.a.to 17.53% p.a.based on $30,000
over 5 years
$150.00upfront and $5.00/month
Promoted
People's Choice Credit Union
Low Rate Unsecured Personal Loan
9.99% p.a.
11.74% p.a.based on $10,000
over 3 years
$250.00upfront and $0.00/month
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
$0.00upfront and $0.00/month
Promoted
RateSetter
Unsecured Personal Loan
6.79% p.a.
8.83% p.a.based on $10,000
over 3 years
$299.00upfront and $0.00/month
Promoted
NOW FINANCE
Unsecured Personal Loan
7.95% p.a.to 16.95% p.a.
9.56% p.a.to 18.53% p.a.based on $30,000
over 5 years
$495.00upfront and $13.00/month
Promoted
Symple Loans
Personal Loan
5.75% p.a.to 19.99% p.a.
6.89% p.a.
$10.00
Promoted
Harmoney
Unsecured Personal Loan
6.99% p.a.to 28.69% p.a.
7.69% p.a.
$0.00
Promoted
People's Choice Credit Union
Discounted Personal Loan
7.99% p.a.
8.35% p.a.
$0.00
Promoted
MoneyPlace
Unsecured Personal Loan (Fixed)
7.65% p.a.to 26.99% p.a.
7.65% p.a.
$0.00
Promoted
Heritage Bank
Low Rate Secured Personal Loan
4.69% p.a.
5.33% p.a.
$5.00
Promoted
NOW FINANCE
Unsecured Personal Loan
7.95% p.a.to 16.95% p.a.
9.56% p.a.
$13.00
