Plenti logo

Plenti Unsecured Personal Loan

Advertiser disclosure

The details shown below are for a variable loan between $5,000 and $50,000

The details shown below are for a variable loan between $5,000 and $50,000

The details shown below are for a variable loan between $5,000 and $35,000

Choose the version of this loan that suits you best

  • Loan: $5,000 $50,000

  • Loan: $5,000 $50,000

  • Loan: $5,000 $35,000

Interest rate from
6.39% p.a.to 7.49% p.a.
Comparison rate from
6.39% p.a.to 9.16% p.a.based on $10,000
over 3 years
Upfront fee
$0
Go to site
Interest rate from
7.49% p.a.to 8.59% p.a.
Comparison rate from
9.16% p.a.to 10.27% p.a.based on $10,000
over 3 years
Upfront fee
$199
Interest rate from
8.59% p.a.to 11.89% p.a.
Comparison rate from
10.27% p.a.to 13.61% p.a.based on $10,000
over 3 years
Upfront fee
$199

Mozo editorial review Plenti Unsecured Personal Loan - last updated: 20 August 2021

binocular icon
What's hot
  • No early repayment fee
  • Competitive interest rates
  • Extra repayments allowed
What's not
  • Loans only available for creditworthy borrowers
Mozo snapshot

Plenti is a technology-led lender that has entered the personal loan market in Australia with a bang by offering highly competitive interest rates and a speedy online application process. Aside from offering a great interest rate, there are no early repayment or exit fees.

key icon
Key features

The Plenti Personal Loan is available for loans from $5,000 to $50,000 over a 1 to 2 year period. Plenti promises you'll get a decision within one business day and in some cases you can expect the funds to reach your account on the same day. And the great thing about an unsecured loan is you don't have to worry about providing assets to secure the loan.

Like other peer to peer platforms, Plenti connects lenders directly with creditworthy borrowers. The rates offered will depend on your credit history:

Good credit: 8.59% - 11.89% p.a. (10.27% - 13.61% p.a. comparison rate*)

Very good credit: 7.49% - 8.59% p.a. (9.16% - 10.27% p.a. comparison rate*)

Excellent credit: 6.39% - 7.49% p.a. (6.39% - 9.16% p.a. comparison rate*)

You can also ask for an obligation free RateEstimate before applying. This won't impact on your credit score if you decide not to proceed with the application. What’s more, you’ll be able to make extra repayments and won’t have to worry about any monthly fees. Just make sure you stay on top of your monthly repayments, otherwise a $30 late payment fee will apply.

snapshot
Who is it good for

The Plenti Personal Loan is perfect for anyone looking for a low interest rate loan to fund their overseas holiday, new car or home revamp. 


question icon
Any catches

Plenti will only lend to you if you're over the age of 24 and work full time earning over $35,000 a year. You must also have a good credit history for the past 5 years and not have been bankrupt in the past 7 years. Finally, there are a few fees you’ll need to budget for, namely the application fee, which will vary depending on your credit score and how much you're borrowing.


Details

Rates and fees information correct as at 20 September 2021. 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

Variable

6.39% p.a.variable

6.39% p.a.to 9.16% p.a.based on $10,000
over 3 years

Fees

$0.00

$0.00

$30.00

$0.00

$0.00

Other financial bits

$5,000.00

$50,000.00

1 Year

3 Years

Unsecured

Features

Monthly

yes

no

Displayed interest rate is for customers with an excellent credit history. Application fees may be higher depending on loan amount.

Up front fee may be higher than shown depending on your application

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.

Details

Rates and fees information correct as at 20 September 2021. 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

Variable

7.49% p.a.variable

9.16% p.a.to 10.27% p.a.based on $10,000
over 3 years

Fees

$199.00

$0.00

$30.00

$0.00

$0.00

Other financial bits

$5,000.00

$50,000.00

1 Year

3 Years

Unsecured

Features

Monthly

yes

no

Displayed interest rate is for customers with a very good credit history. Application fees may be higher depending on loan amount.

Up front fee may be higher than shown depending on your application

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.

Details

Rates and fees information correct as at 20 September 2021. 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

Variable

8.59% p.a.variable

10.27% p.a.to 13.61% p.a.based on $10,000
over 3 years

Fees

$199.00

$0.00

$30.00

$0.00

$0.00

Other financial bits

$5,000.00

$35,000.00

1 Year

3 Years

Unsecured

Features

Monthly

yes

no

Displayed interest rate is for customers with a good credit history.Application fees may be higher depending on loan amount, a 2% establishment fee may also apply.

Up front fee may be higher than shown depending on your application

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.

Customer Reviews

How are Plenti personal loans rated by the Mozo community?

Overall
Price
Features
Customer service
Convenience
Trust

About Plenti