Have a debt you need to pay off? A holiday you want to book? Or do you need to cover an outstanding medical bill? Then with Symple Loans personalised variable rate loans, the ball is in your court. You can borrow up to $50,000 with this loan, with a term of up to 7 years. Plus, you can have the money in your account the next business day and you can earn Qantas points when the loan is drawn.
Simple really is the word with the Symple Loans unsecured personal loan, with interest rates from 5.75% p.a. (6.47% p.a. comparison rate*) up to 25.99% (29.20% comparison rate*)on loans between $5,000 and $50,000 for 1 to 7 year loan terms.
And if awesome features are what you’re looking for in a personal loan, then you’ve come to the right place. Symple Loans' personal loan has an online application process, funds that can be transferred in up to 24 hours and extra repayment options with no fees attached, so you can pay your loan off in no time! However, remember once you’ve made those extra repayments, that’s it, as there is no redraw facility with this loan.
Symple customers can now also earn 1 Qantas point for every $1 they borrow once the loan is approved and drawn. This is capped at 50,000 Qantas points in line with the $50,000 loan limit.
Make sure you keep on top of your repayments, otherwise, you’ll be hit with a nasty $35 late payment fee. Other fees to keep an eye on with a Symple Loans personal loan include the $10 monthly service fee.
While all customers with the lowest rate of 5.75% p.a. (6.47% p.a. comparison rate*) won't be charged any loan application fees, you will need to factor in an upfront fee ranging from 0% to 5% of the loan amount if the rate you've received is higher. For example, for 1% of a $30,000 loan, you may pay a $300 application fee. This could get steep if you're borrowing a larger amount.
Anyone looking for an affordable personal loan with personalised interest rates and loan terms of up to 7 years.
To qualify for a Symple loan you must:
• Be at least 18 yrs old
• Be employed and earning over $25,000 per year
• Be an Australian citizen, or permanent resident
• Have no record of prior bankruptcy
This loan may come with an application fee if you receive a higher rate than 5.75% p.a. (6.47% p.a. comparison rate*), plus a monthly fee to consider, so make sure you plan for that in your budget.
Variable
5.75% p.a.variable
6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years
$0.00
$10.00
$35.00
$0.00
$0.00
$5,000.00
$50,000.00
1 Year
7 Years
Unsecured
Monthly
yes
none
Loan application fee ranges between 0% and 5% for loans with interest rates above 5.75% p.a.
Earn 1 Qantas point per $1 after the loan is drawn up to $50,000
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.
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.
Read full reviewThis 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.
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 17.95% p.a.
5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
5.44% p.a.to 7.49% p.a.
5.44% p.a.to 8.19% p.a.based on $30,000
over 5 years
Symple Loans
Personal Loan
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
Wisr
Unsecured Personal Loan
6.49% p.a.to 19.95% p.a.
6.49% p.a.to 19.95% p.a.based on $30,000
over 5 years
MoneyMe
Personal Loan
6.25% p.a.to 19.95% p.a.
7.64% p.a.to 21.35% p.a.based on $30,000
over 5 years
SocietyOne
Unsecured Personal Loan (Fixed)
5.95% p.a.to 10.49% p.a.
5.95% p.a.to 12.83% p.a.based on $10,000
over 3 years
Plenti
New Car Loan (Fixed)
4.89% p.a.to 8.89% p.a.
5.44% p.a.to 9.46% p.a.based on $30,000
over 5 years
Wisr
Secured Car Loan
4.74% p.a.to 16.01% p.a.
4.75% p.a.to 16.03% p.a.based on $30,000
over 5 years
NOW Finance
Secured Personal Loan
4.45% p.a.to 15.45% p.a.
4.45% p.a.to 15.45% p.a.based on $30,000
over 5 years
Great Southern Bank
Secured Car Loan (Fixed)
6.79% p.a.
7.16% p.a.based on $30,000
over 5 years
Plenti
Used Car Loan (Fixed)
5.29% p.a.to 9.99% p.a.
5.84% p.a.to 10.56% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 17.95% p.a.
5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
6.29% p.a.to 8.48% p.a.
6.36% p.a.to 8.69% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
5.44% p.a.to 7.49% p.a.
5.44% p.a.to 8.19% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.49% p.a.to 19.95% p.a.
6.49% p.a.to 19.95% p.a.based on $30,000
over 5 years
Symple Loans
Personal Loan
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
MoneyMe
Personal Loan
6.25% p.a.to 19.95% p.a.
7.64% p.a.to 21.35% p.a.based on $30,000
over 5 years
SocietyOne
Unsecured Personal Loan (Fixed)
5.95% p.a.to 10.49% p.a.
5.95% p.a.to 12.83% p.a.based on $10,000
over 3 years
