Choose the version of this loan that suits you best
Loan type | Name | Min loan amount | Max loan amount | |
---|---|---|---|---|
|
Fixed | Unsecured Personal Loan (Tier 1 Credit, Fixed) | $5,000 | $50,000 |
|
Fixed | Unsecured Personal Loan - Excellent Credit (Fixed over 5 years) | $5,000 | $50,000 |
|
Fixed | Unsecured Personal Loan (Tier 2 Credit, Fixed) | $5,000 | $50,000 |
|
Fixed | Unsecured Personal Loan (Very Good Credit, Fixed, 5 year term) | $5,000 | $50,000 |
|
Fixed | Unsecured Personal Loan (Tier 3 Credit, Fixed) | $5,000 | $50,000 |
|
Fixed | Unsecured Personal Loan (Good Credit, Fixed, 5 year term) | $5,000 | $50,000 |
|
Fixed | Unsecured Personal Loan (Tier 4 Credit, Fixed) | $5,000 | $50,000 |
|
Fixed | Unsecured Personal Loan (Average Credit, Fixed, 5 year term) | $5,000 | $50,000 |
With rates starting from a low 9.20% (9.20% comparison rate*) for 2, 3 and 5-year loans and no ongoing fees,
SocietyOne's Unsecured Personal Loan is an enticing offer. SocietyOne is the first peer to peer lender to make a splash on the personal loans market, removing the banks from the borrowing equation and connecting borrowers (like you) directly with wholesale investors.
SocietyOne's Unsecured Personal Loan is available for personal loans from $5,000-$50,000 and can be paid back over 2-5 years.
There's a lot to love about this online-only player, with the flexibility to make repayments fortnightly or monthly and the ability to make extra repayments (with no early repayment fees) - so you can pay off your loan ASAP! Though do keep in mind that you won't be able to dip into those extra funds as there's no redraw facility.
With SocietyOne, if you are taking out a loan over 2, 3 or 5 years, rates
start from a low 9.20% (9.20% comparison rate*).
SocietyOne offers personalised rates that reward customers with a good credit history. So depending on the customer, interest rates can range from 9.20% up to 25.89% (9.20% to 25.98% comparison rates*).
While there is an establishment fee between $0 and $595 depending on your credit score, you won't need to pay this upfront (and it's not require for customers in the top tier of SocietyOne's "Excellent" credit rating). It's added to your principal amount, so you pay it as part of your monthly repayments. But if you get behind on repayments you'll feel the bite of the $35 late payment fee.
Whether it's for your dream wedding, some new wheels or a reno project, SocietyOne's Unsecured Personal Loan could be a great pick for borrowers looking for a personal loan with no upfront or ongoing fees and a competitive interest rate.
While rates start from a competitive 9.20% (9.20% comparison rate*), depending on the borrower, you could face a rate as high as 25.89% (25.98% comparison rate*).
Fixed |
|
9.20% p.a.to 14.19% p.a. fixed |
|
9.20% p.a.to 17.42% p.a.based on $10,000 |
$495.00 |
|
$0.00 |
|
$35.00 |
|
$0.00 |
|
$0.00 |
$5,000.00 |
|
$50,000.00 |
|
2 Years |
|
5 Years |
|
Unsecured |
- |
|
Fortnightly, Monthly |
|
yes |
|
no |
|
Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 1 credit graded borrower. Minimum employment income of $30,000 p.a. Upfront fee added to principal amount of loan. |
|
Upfront fee of $495 waived for applicants with Excellent Credit. |
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.
Fixed |
|
9.20% p.a.to 15.69% p.a. fixed |
|
9.20% p.a.to 16.24% p.a.based on $30,000 |
$495.00 |
|
$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 Equifax credit score. Rates and fees shown are for a Tier 1 (Excellent Credit) graded borrower. Minimum employment income of $30,000 p.a. Upfront fee added to principal amount of loan. |
|
Upfront fee of $495 waived for applicants with Excellent Credit. |
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.
Fixed |
|
15.14% p.a.to 16.14% p.a. fixed |
|
18.62% p.a.to 19.64% p.a.based on $10,000 |
$595.00 |
|
$0.00 |
|
$35.00 |
|
$0.00 |
|
$0.00 |
$5,000.00 |
|
$50,000.00 |
|
2 Years |
|
5 Years |
|
Unsecured |
- |
|
Fortnightly, Monthly |
|
yes |
|
no |
|
Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 2 credit graded borrower. Minimum employment income of $30,000 p.a. Application fee added to principal amount of loan. |
|
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.
Fixed |
|
16.84% p.a.to 17.84% p.a. fixed |
|
17.09% p.a.to 18.1% p.a.based on $10,000 |
$595.00 |
|
$0.00 |
|
$35.00 |
|
$0.00 |
|
$0.00 |
$5,000.00 |
|
$50,000.00 |
|
0 Years |
|
5 Years |
|
Unsecured |
- |
|
Fortnightly, Monthly |
|
yes |
|
no |
|
Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 2 (Very Good Credit) graded borrower. Minimum employment income of $30,000 p.a. Application fee added to principal amount of loan. |
|
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.
Fixed |
|
17.29% p.a.to 19.79% p.a. fixed |
|
20.67% p.a.to 23.23% p.a.based on $10,000 |
$595.00 |
|
$0.00 |
|
$35.00 |
|
$0.00 |
|
$0.00 |
$5,000.00 |
|
$50,000.00 |
|
2 Years |
|
5 Years |
|
Unsecured |
- |
|
Fortnightly, Monthly |
|
yes |
|
no |
|
Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 3 credit graded borrower. Minimum employment income of $30,000 p.a. Application fee added to principal amount of loan. |
|
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.
Fixed |
|
19.29% p.a.to 21.79% p.a. fixed |
|
19.42% p.a.to 21.94% p.a.based on $10,000 |
$595.00 |
|
$0.00 |
|
$35.00 |
|
$0.00 |
|
$0.00 |
$5,000.00 |
|
$50,000.00 |
|
0 Years |
|
5 Years |
|
Unsecured |
- |
|
Fortnightly, Monthly |
|
yes |
|
no |
|
Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 3 (Good Credit) graded borrower. Minimum employment income of $30,000 p.a. Application fee added to principal amount of loan. |
|
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.
Fixed |
|
20.39% p.a.to 22.89% p.a. fixed |
|
23.75% p.a.to 26.31% p.a.based on $10,000 |
$595.00 |
|
$0.00 |
|
$35.00 |
|
$0.00 |
|
$0.00 |
$5,000.00 |
|
$50,000.00 |
|
2 Years |
|
5 Years |
|
Unsecured |
- |
|
Fortnightly, Monthly |
|
yes |
|
no |
|
Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 4 credit graded borrower. Minimum employment income of $30,000 p.a. Application fee added to principal amount of loan. |
|
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.
Fixed |
|
23.39% p.a.to 25.89% p.a. fixed |
|
23.45% p.a.to 25.98% p.a.based on $10,000 |
$595.00 |
|
$0.00 |
|
$35.00 |
|
$0.00 |
|
$0.00 |
$5,000.00 |
|
$50,000.00 |
|
0 Years |
|
5 Years |
|
Unsecured |
- |
|
Fortnightly, Monthly |
|
yes |
|
no |
|
Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 4 (Average Credit) graded borrower. Minimum employment income of $30,000 p.a. Application fee added to principal amount of loan. |
|
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.
Don’t believe the TV commercials, Jackson was dismissive and short. Pretty ordinary all over.
Read full reviewDon’t believe the TV commercials, Jackson was dismissive and short. Pretty ordinary all over.
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.
Provide inaccurate information. Give you the worst possible rate even if you have a perfect credit score so they can scam more money out of you. Zero customer service. Zero accountability. Had to open this account just to let you know how SHADY this deal is.
Read full reviewProvide inaccurate information. Give you the worst possible rate even if you have a perfect credit score so they can scam more money out of you. Zero customer service. Zero accountability. Had to open this account just to let you know how SHADY this deal is.
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
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
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
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
7.29% p.a.
8.41% 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
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
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
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
Clean Green Car Loan
7.29% p.a.
8.41% p.a.
$8.00