Choose the version of this loan that suits you best
| Loan type | Name | Min loan amount | Max loan amount | |
|---|---|---|---|---|
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|
Variable | Personal Loan (Unsecured, Variable, Exceptional Credit) | $5,000 | $50,000 |
|
|
Variable | Personal Loan (Unsecured, Variable, Excellent Credit) | $5,000 | $50,000 |
|
|
Variable | Personal Loan (Unsecured, Variable, Very Good Credit) | $5,000 | $50,000 |
|
|
Variable | Personal Loan (Unsecured, Variable, Good Credit) | $5,000 | $40,000 |
|
|
Variable | Personal Loan (Unsecured, Variable, Average Credit) | $5,000 | $35,000 |
|
|
Variable | Personal Loan (Unsecured, Variable, Below Average Credit) | $5,000 | $30,000 |
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 great tiered interest rates based on your credit score, there are no early repayment or exit fees.
The Plenti Unsecured Variable rate Personal Loan is available for loans from $5,000 to $50,000 (depending on your credit score) over a 1 to 3 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:
• Exceptional credit: 6.57% p.a. (6.57% p.a. comparison rate*)
• Excellent credit: 7.99% p.a. - 8.99% p.a. (7.99% - 10.65% p.a. comparison rate*)
• Average credit: 15.49% - 18.99% p.a. (17.22% - 20.75% p.a. comparison rate*)
• Below average credit: 19.99% - 24.09% p.a. (21.76% - 26.28% 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.
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.
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.
|
Variable |
|
|
6.57% p.a.variable |
|
|
6.57% p.a.based on $10,000 |
|
$295.00 |
|
|
$0.00 |
|
|
$25.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$5,000.00 |
|
|
$50,000.00 |
|
|
1 Year |
|
|
7 Years |
|
|
Unsecured |
|
- |
|
|
Monthly |
|
|
yes |
|
|
no |
|
|
Displayed interest rate is for customers with an exceptional credit history. Application fees vary between $0 and $295 depending on the loan amount. |
|
|
none |
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.
|
Variable |
|
|
7.99% p.a.variable |
|
|
7.99% p.a.to 10.65% p.a.based on $10,000 |
|
$295.00 |
|
|
$0.00 |
|
|
$25.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$5,000.00 |
|
|
$50,000.00 |
|
|
1 Year |
|
|
7 Years |
|
|
Unsecured |
|
- |
|
|
Monthly |
|
|
yes |
|
|
no |
|
|
Displayed interest rate is for customers with an excellent credit history. Application fees vary between $0 and $295 depending on the loan amount. |
|
|
none |
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.
|
Variable |
|
|
9.99% p.a.variable |
|
|
11.66% p.a.to 14.49% p.a.based on $10,000 |
|
$595.00 |
|
|
$0.00 |
|
|
$25.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$5,000.00 |
|
|
$50,000.00 |
|
|
1 Year |
|
|
7 Years |
|
|
Unsecured |
|
- |
|
|
Monthly |
|
|
yes |
|
|
no |
|
|
Displayed interest rate is for customers with a very good credit history. Application fees vary between $195 and $595 depending on the loan amount. |
|
|
none |
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.
|
Variable |
|
|
12.49% p.a.variable |
|
|
14.19% p.a.to 16.71% p.a.based on $10,000 |
|
$595.00 |
|
|
$0.00 |
|
|
$25.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$5,000.00 |
|
|
$40,000.00 |
|
|
1 Year |
|
|
7 Years |
|
|
Unsecured |
|
- |
|
|
Monthly |
|
|
yes |
|
|
no |
|
|
Displayed interest rate is for customers with a good credit history. Application fees vary between $195 and $595 depending on the loan amount. |
|
|
none |
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.
|
Variable |
|
|
14.99% p.a.variable |
|
|
16.71% p.a.to 20.75% p.a.based on $10,000 |
|
$595.00 |
|
|
$0.00 |
|
|
$25.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$5,000.00 |
|
|
$35,000.00 |
|
|
1 Year |
|
|
7 Years |
|
|
Unsecured |
|
- |
|
|
Monthly |
|
|
yes |
|
|
no |
|
|
Displayed interest rate is for customers with an average credit history. Application fees vary between $195 and $595 depending on the loan amount. |
|
|
none |
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.
|
Variable |
|
|
19.99% p.a.variable |
|
|
21.76% p.a.to 26.28% p.a.based on $10,000 |
|
$595.00 |
|
|
$0.00 |
|
|
$25.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$5,000.00 |
|
|
$30,000.00 |
|
|
1 Year |
|
|
7 Years |
|
|
Unsecured |
|
- |
|
|
Monthly |
|
|
yes |
|
|
no |
|
|
Displayed interest rate is for customers with a below average credit history. Application fees vary between $195 and $595 depending on the loan amount. |
|
|
none |
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.
Note - I am an investor under the platform and not a borrower but didn’t have the option above. I was pretty happy with Plenti service it was easy to get money into and to lend everything was straight forward that was until I tried to get money out!! I withdrew over a week ago and I have called them several times regarding this, this money was for a deposit on a home loan!! Lucky I have other funds I can access in the mean time but this is not ok!! I still haven’t received my funds?
Read full reviewNote - I am an investor under the platform and not a borrower but didn’t have the option above. I was pretty happy with Plenti service it was easy to get money into and to lend everything was straight forward that was until I tried to get money out!! I withdrew over a week ago and I have called them several times regarding this, this money was for a deposit on a home loan!! Lucky I have other funds I can access in the mean time but this is not ok!! I still haven’t received my funds?
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
5.76% p.a.to 24.03% p.a.
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Low Rate Personal Loan
6.57% p.a.to 8.48% p.a.
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Express Personal Loan
14.95% p.a.to 27.95% p.a.
29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years
Debt Consolidation
6.57% p.a.to 18.99% p.a.
7.19% p.a.to 19.39% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Express Personal Loan
14.95% p.a.to 27.95% p.a.
29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years
Clean Green Car Loan
7.69% p.a.
8.80% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Low Rate Personal Loan
6.57% p.a.to 8.48% p.a.
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
5.76% p.a.to 24.03% p.a.
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Express Personal Loan
14.95% p.a.to 27.95% p.a.
29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years
Low Rate Personal Loan
9.14% p.a.to 11.19% p.a.
9.50% p.a.to 11.56% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
5.76% p.a.to 24.03% p.a.
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Low Rate Personal Loan
6.57% p.a.to 8.48% p.a.
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years