9.0 / 10

based on 1 Symple Loans reviews as rated by Mozo community

Symple Loans personal loans

Symple Loans, based in Victoria, is funded by private Australian investors and offers customised unsecured personal loans with competitive interest rates. It’s still the new kid on the block, after being granted an Australian Credit License in 2018. But as an online lending platform, it’s able to offer unsecured personal loans quickly and efficiently.

Symple Loans offers the following personal loans

Rates and fees verified as correct at 19 June, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate from Comparison rate from Upfront fee  
Personal Loan (Variable, Unsecured)

5.75% p.a.to 25.99% p.a.

6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years

$0

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What personal loans does Symple Loans offer? 

Personal Loan 

Symple Loans offer an unsecured personal loan that comes with a variable interest rate (based on a customer’s credit rating). Loans range from $5,000 to $50,000 and can be taken out over 1 to 7 years. 

There is only the option to make monthly regular repayments on this loan, however extra repayments are allowed. Symple Loans won’t charge an early repayment penalty either if you pay down your entire debt before your loan term is up. 

Like the interest rate on this loan, the establishment fee is also determined by your credit rating, ranging from 0% to 5%. There is an ongoing service fee to consider as well. 

Symple Loans personal loan features at a glance

How do you apply for a Symple Loans personal loan? 

An application for a Symple Loans personal loan can be completed online. It can take around 7 minutes to complete and you could have a response within 60 seconds. Plus, if you are approved you might be funded in 24 hours. 

To qualify for a personal loan with Symple Loans, you must satisfy the following criteria: 

How are Symple Loans personal loans rated?

Mozo users have rated Symple Loans personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of personal-loans
Symple Loans personal loans
Overall
9.0/10
Price
Features
Convenience
Trust

1 Reviews

Recent Symple Loans personal loan reviews

Symple Loans Personal Loan review
Overall 9/10
Easy to apply.

This was a fully online product that I found through a google search. I was very impressed at the ease of use of both finding information on their personal loans and how easy it was to apply. I got a response very quickly and had to send though additional paperwork which was also very easy.

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This was a fully online product that I found through a google search. I was very impressed at the ease of use of both finding information on their personal loans and how easy it was to apply. I got a response very quickly and had to send though additional paperwork which was also very easy.

Price
9/10
Features
9/10
Convenience
10/10
Trust
10/10
Less
Samantha, South Australia, reviewed over 1 year ago

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