The details shown below are for a fixed loan between $5,000 and $50,000
The details shown below are for a fixed loan between $5,000 and $50,000
Choose the version of this loan that suits you best
| Loan type | Min loan amount | Max loan amount | |
|---|---|---|---|
| | Fixed | $5,000 | $50,000 |
| | Fixed | $5,000 | $50,000 |
Loan: $5,000 $50,000
Loan: $5,000 $50,000
The SocietyOne Car loan is an unsecured personal loan with an interest rate tailored around your credit score, starting from as low as 7.50% (9.51% comparison rate*). Some of its key features include the option to make extra repayments, a flexible repayment schedule and its lack of monthly fees. However, there is an establish fee that starts at 3.00% of your loan amount.
SocietyOne offers an unsecured personal loan you can use to get yourself some hot new wheels. When it comes to interest rate, SocietyOne uses their VedaScore rating system to determine your credit score and in turn, how much interest you’ll be paying. The rate starts from as low as 7.50% (9.51% comparison rate*), but jumps to as high as 20.49% (22.38% comparison rate*).
This also applies to the establishment fee, with the fee starting from 3.00% of your loan amount. This fee is added to your loan principal and paid off as part of your monthly repayments, so you don't have to budget to pay it upfront.
The loan terms are little different with this loan, you’ll have the choice of a loan that offers 2-3 years terms, or a similar, but slightly different offer, that has 5 year terms. The main difference is that the 2-3 year loan rates are slightly lower.
If you’re looking for a way to pay less interest, then extra repayments could be the avenue for you. SocietyOne provides the option to make fee free extra repayments so you can pay off your loan quicker and with less interest.
There’s also the ability to choose between fortnightly and monthly repayments, letting you personalise your repayment schedule to fit your budget.
Something else to keep in mind if you apply for this loan is that you’ll need to be employed and earning at least $30,000 a year to be eligible.
Individuals with excellent credit are going to have the chance to secure a strong interest rate they can be happy with, so if your credit history is squeaky clean, this might be worth a look.
While some versions of this loan offer great rates, people with bad credit will find themselves with a rather high and not particularly desirable rate, so it's worth identifying which end of the spectrum you’ll end up on before applying.
Fixed
7.50% p.a.to 14.99% p.a. fixed
9.51% p.a.to 18.48% p.a.based on $10,000
over 3 years
$335.95
$0.00
$35.00
$0.00
$0.00
$5,000.00
$50,000.00
2 Years
3 Years
Unsecured
Fortnightly, Monthly
yes
no
Interest rate and establishment fee vary according to VedaScore rating. Rates and fees shown are for a Tier 1 graded borrower. Minimum employment income of $30,000 p.a. 3% application fee added to principal amount of loan.
Establishment fee from 3% (with minimum fee of $300) is added to principal loan amount and not paid upfront, amount shown is the minimum for a 3 year loan of $10,000 including interest.
Fixed
8.10% p.a.to 17.49% p.a. fixed
9.36% p.a.to 19.78% p.a.based on $30,000
over 5 years
$335.95
$0.00
$35.00
$0.00
$0.00
$5,000.00
$50,000.00
5 Years
5 Years
Unsecured
Fortnightly, Monthly
yes
no
Interest rate and establishment fee vary according to VedaScore rating. Rates and fees shown are for a Tier 1 graded borrower. Minimum employment income of $30,000 p.a. 3% application fee added to principal amount of loan.
Establishment fee from 3% (with minimum fee of $300) is added to principal loan amount and not paid upfront, amount shown is the minimum for a 3 year loan of $10,000 including interest.
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9.51% p.a.
$0.00
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8.00% p.a.
8.21% p.a.based on $30,000
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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
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Unsecured Personal Loan (Debt Consolidation)
7.50% p.a.to 14.99% p.a.
9.51% p.a.to 12.71% p.a.based on $10,000
over 3 years
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Unsecured Personal Loan
7.95% p.a.to 19.45% p.a.
8.78% p.a.to 20.4% p.a.based on $30,000
over 5 years
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5.75% p.a.to 21.99% p.a.
6.47% p.a.to 25.11% p.a.based on $30,000
over 5 years
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8.99% p.a.
9.62% p.a.based on $30,000
over 5 years
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CUA
Unsecured Personal Loan (Fixed)
9.89% p.a.
10.14% p.a.based on $30,000
over 5 years
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NOW FINANCE
Unsecured Personal Loan
7.45% p.a.to 16.95% p.a.
9.07% p.a.to 18.53% p.a.based on $30,000
over 5 years
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OurMoneyMarket
Car Loan
5.50% p.a.
5.85% p.a.based on $30,000
over 5 years
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Clean Green Car Loan
3.97% p.a.
4.51% p.a.based on $30,000
over 5 years
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Unsecured Personal Loan (Fixed)
9.89% p.a.
10.14% p.a.based on $30,000
over 5 years
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New Car Loan (Fixed)
4.67% p.a.
5.22% p.a.based on $30,000
over 5 years
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Car Loan
5.99% p.a.
6.63% p.a.based on $30,000
over 5 years
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Low Rate Personal Loan
8.00% p.a.
8.21% p.a.based on $30,000
over 5 years
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SocietyOne
Unsecured Personal Loan (Debt Consolidation)
7.50% p.a.to 14.99% p.a.
9.51% p.a.to 12.71% p.a.based on $10,000
over 3 years
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
Promoted
Symple Loans
Personal Loan
5.75% p.a.to 21.99% p.a.
6.47% p.a.to 25.11% p.a.based on $30,000
over 5 years
Promoted
NOW FINANCE
Unsecured Personal Loan
7.45% p.a.to 16.95% p.a.
9.07% p.a.to 18.53% p.a.based on $30,000
over 5 years
Promoted
Wisr
Unsecured Personal Loan
7.95% p.a.to 19.45% p.a.
8.78% p.a.to 20.4% p.a.based on $30,000
over 5 years
Promoted
RateSetter
Unsecured Personal Loan
7.49% p.a.to 8.89% p.a.
9.50% p.a.to 10.91% p.a.based on $10,000
over 3 years
Promoted
CUA
Unsecured Personal Loan (Fixed)
9.89% p.a.
10.14% p.a.based on $30,000
over 5 years
Promoted
Symple Loans
Personal Loan
5.75% p.a.to 21.99% p.a.
6.47% p.a.
$10.00
Promoted
NOW FINANCE
Unsecured Personal Loan
7.45% p.a.to 16.95% p.a.
9.07% p.a.
$13.00
Promoted
RateSetter
Unsecured Personal Loan
7.49% p.a.to 8.89% p.a.
9.50% p.a.
$0.00
Promoted
RateSetter
Unsecured Personal Loan (Debt Consolidation)
6.79% p.a.
8.83% p.a.
$0.00