Rates and fees verified as correct at 26 October, 2020. 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 over 5 years) | 7.99% p.a.to 17.49% p.a. | 9.25% p.a.to 19.78% p.a.based on $30,000 | $336 |
| Car Loan - Excellent Credit (Fixed, Unsecured) | 6.99% p.a.to 14.99% p.a. | 9.00% p.a.to 18.48% p.a.based on $10,000 | $336 |
| Unsecured Personal Loan (Average Credit, Fixed) | 14.99% p.a.to 20.49% p.a. | 18.48% p.a.to 22.85% p.a.based on $10,000 | $395 |
| Unsecured Personal Loan (Average Credit, Fixed, 5 year term) | 17.49% p.a.to 20.49% p.a. | 18.48% p.a.to 22.85% p.a.based on $10,000 | $395 |
| Unsecured Personal Loan (Excellent Credit, Fixed) | 6.99% p.a.to 9.49% p.a. | 6.99% p.a.to 12.2% p.a.based on $10,000 | $0 |
| Unsecured Personal Loan (Good Credit, Fixed) | 11.99% p.a.to 14.99% p.a. | 15.08% p.a.to 16.61% p.a.based on $10,000 | $395 |
| Unsecured Personal Loan (Good Credit, Fixed, 5 year term) | 13.49% p.a.to 14.99% p.a. | 14.96% p.a.to 16.48% p.a.based on $10,000 | $395 |
| Unsecured Personal Loan (Very Good Credit, Fixed) | 9.99% p.a.to 12.19% p.a. | 12.87% p.a.to 13.89% p.a.based on $10,000 | $395 |
| Unsecured Personal Loan (Very Good Credit, Fixed, 5 year term) | 11.19% p.a.to 12.19% p.a. | 12.63% p.a.to 13.64% p.a.based on $10,000 | $395 |
| Unsecured Personal Loan - Excellent Credit (Fixed over 5 years) | 7.99% p.a.to 10.49% p.a. | 7.99% p.a.to 11.92% p.a.based on $30,000 | $0 |
† 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.
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.
With SocietyOne personal loans, you can focus on meeting your fixed repayments rather than paying extras like monthly fees.
You can choose between a fortnightly or monthly loan repayment cycle.
Feel like you want to pay less in interest next month? SocietyOne lets you make extra repayments on your personal loan.
Fixed rate personal loans normally involve break cost fees, but the SocietyOne option on offer is one exception.
Once you apply for a SocietyOne personal loan, your application is auctioned off to a marketplace of investors. This means there’s a chance you could get a lower rate that you were initially quoted for because there is bidding involved.
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 loan on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
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.
I have just paid off a 3 year loan and have been approved for another. I am very happy with the rate and how easy it was considering I don't bank with them and the bank I have been banking with for 25 years declined my application.
Read full reviewI have just paid off a 3 year loan and have been approved for another. I am very happy with the rate and how easy it was considering I don't bank with them and the bank I have been banking with for 25 years declined my application.
I needed a personal loan to fund some education expenses. I did some online comparison and found SocietyOne's rates to be far cheaper than the banks, so I applied and was pretty happy with the whole process. Good to see someone taking on the banks. I'd definitely borrow from them again.
Read full reviewI needed a personal loan to fund some education expenses. I did some online comparison and found SocietyOne's rates to be far cheaper than the banks, so I applied and was pretty happy with the whole process. Good to see someone taking on the banks. I'd definitely borrow from them again.
