Rates and fees verified as correct at 28 July, 2021. Other information correct at the time of writing. Advertiser disclosure.
| Product | Interest rate from | Comparison rate from | Upfront fee | |
|---|---|---|---|---|
| Car Loan - Excellent Credit (Fixed, Unsecured) | 5.95% p.a.to 19.99% p.a. | 5.95% p.a.to 21.0% p.a.based on $10,000 | $595 | Go to site |
| Unsecured Personal Loan (Average Credit, Fixed) | 13.49% p.a.to 19.99% p.a. | 18.41% p.a.to 21.7% p.a.based on $10,000 | $595 | |
| Unsecured Personal Loan (Excellent Credit, Fixed) | 5.95% p.a.to 8.49% p.a. | 5.95% p.a.to 14.01% p.a.based on $10,000 | $0 | Go to site |
| Unsecured Personal Loan (Good Credit, Fixed) | 10.49% p.a.to 13.99% p.a. | 14.52% p.a.to 16.57% p.a.based on $10,000 | $595 | |
| Unsecured Personal Loan (Very Good Credit, Fixed) | 8.99% p.a.to 11.19% p.a. | 10.79% p.a.to 14.01% p.a.based on $10,000 | $595 |
Unsecured fixed rate personal loan:
SocietyOne fixed rate personal loans are suitable for small to medium-sized ticket purchases such as a car or holiday because the maximum loan amount is $35,000. You can choose between two, three or five year loan terms, and fortnightly or monthly loan repayments. Even though SocietyOne loans have a fixed rate, you can still make extra repayments and clear the balance earlier without paying a fee. Just keep in mind you can’t dip into them via a redraw facility. Something else to factor into the budget is an establishment cost which gets calculated from your credit ranking.
SocietyOne personal loans are all conducted online, so the turnaround is quick. Just fill out your details including info on what you are borrowing for, and sign up for an account with a username and password.
To apply for a personal loan with SocietyOne you will need:
Mozo users have rated SocietyOne personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
7 Reviews
Absolutely shocking customer service and misleading quotes.
Read full reviewAbsolutely shocking customer service and misleading quotes.
Cons Don’t sign up through a third party only to be lugged with 900 sign up from brolli and then 1600 from society one... 2500 for fees to setup a loan at 9.9 percent interest rate. Home loan setup fees are less. They try and justify that you pay no fees over the life of the loan but this is terrible as other products charge less and the fees are tiny for a three year loan. They are sharks under the guise of peer to peer. Mobile website almost impossible to find sign in. I had to ring up to find out how to setup online banking and also emailed to ask for a statement. Pros - kind of fast payment. Where flexible if I had hardship.
Read full reviewCons Don’t sign up through a third party only to be lugged with 900 sign up from brolli and then 1600 from society one... 2500 for fees to setup a loan at 9.9 percent interest rate. Home loan setup fees are less. They try and justify that you pay no fees over the life of the loan but this is terrible as other products charge less and the fees are tiny for a three year loan. They are sharks under the guise of peer to peer. Mobile website almost impossible to find sign in. I had to ring up to find out how to setup online banking and also emailed to ask for a statement. Pros - kind of fast payment. Where flexible if I had hardship.
SocietyOne is very reliable and a great bank to consolidate your debts. Highly recommended.
Read full reviewSocietyOne is very reliable and a great bank to consolidate your debts. Highly recommended.
Advertisements of SocietyOne promotes loan interest rates from 7.5% but once you’ve gone the ‘free quote’ process, the rate they present to you a rate of 14.5%, which is the same as my current bank’s offer. A pointless exercise to look into their product.
Read full reviewAdvertisements of SocietyOne promotes loan interest rates from 7.5% but once you’ve gone the ‘free quote’ process, the rate they present to you a rate of 14.5%, which is the same as my current bank’s offer. A pointless exercise to look into their product.
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