At a glance
- Fixed
- 6.20%6.30% comparison
- Loan size
- $5,000 to $80,000
How it compares
This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This personal loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 6.20% | 5.80%Plenti Personal Loan | 7.96%of 68 institutions | 4th lowest of 68, level with one other |
| Fixed personal loanRepayments stay the same for the term | 6.20% | 5.80%Plenti Personal Loan | 7.96%of 42 institutions | 4th lowest of 42, level with one other |
Rates
The one rate MoneyPlace publishes for this personal loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedRates from 6.20% p.a. to 17.99% p.a. Comparison rates from 6.30% p.a. to 20.77% p.a. | P&I | - | - | 6.20% | 6.30% | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 21 Oct 2026 | Fixed, P&I | 5.67% | 6.20% | up 0.53 |
Each change is logged the night it appears in the rates MoneyPlace publishes. See how every lender answered the RBA on the rate tracker.
Fees
8 fees published, grouped by when they're charged.
- When you take it out$310 to $1,035Establishment fee
- While you hold itNo feeOngoing fee
- When you close it or pay it offVaries3 fees, each listed below
When you take it out1
- Establishment fee
This fee depends on risk band, and includes up to $60 PPSR (vehicle search & registration). Fee ranges from $310 to $1,035.
$310 to $1,035
While you hold it1
- Ongoing fee
No ongoing fee. Other fees and charges may apply.
No fee
If a payment is late or fails1
- Late payment fee
Payable each month the loan is in default.
$25
When particular things happen1
- Repossession administration fee
Payable each time we enforce the security.
$250
When you close it or pay it off3
- Discharge feeNo fee
- Early repayment feeNo fee
- Early termination feeNo fee
Other fees1
- Dishonour fee
Charged each time a repayment is dishonoured.
$10
Features
- Simple online application process with no paperwork
- Loan terms of 3, 5 or 7 years
- Repay weekly, fortnightly, monthly
- Interest charged on outstanding balance only
Eligibility and limits
- Minimum age 18
- Residency: Australia citizen/permanent resident
- Employment: Must be employed
- Minimum income $20,000
- Amount $5,000 to $80,000
- Majority of income cannot be from Government benefits
- Vehicle age restrictions and eligibility criteria apply including light commercial vehicles limited to <5t
Compare it with others
Put this product through a calculator
Published by MoneyPlace under the Consumer Data Right, last changed by them on 20 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.