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Symple Loans personal loans

Symple 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 August, 2019. Other information correct at the time of writing.

Product Interest rate from Comparison rate from* Upfront fee  

5.99% p.a.to 25.99% p.a.

7.55% p.a.to 29.2% p.a.based on $30,000
over 5 years

$600

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*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. WARNING: 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.

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