Personal loans,
now more personal

MoneyPlace loans are simple, 100% online and tailored to match your individual situation. The best borrowers get rewarded with our lowest rates, starting from a comparison rate* of 7.75%.

Check your rate in 2 minutes.

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(Checking your rate will not affect your credit score)

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$5,000 to $35,000

3 or 5 year terms

Personalised rates

No ongoing fees

  • "I work in the finance industry and found MoneyPlace to be a pain-free service."

    Dominic, VIC

  • "Everything went so smoothly, simple application process and always delivered on what was promised."

    Lindsay, NSW

  • "The service was fantastic, I've always used banks and was very impressed with MoneyPlace service."

    Melissa, WA

  • "The whole process was very quick, it was faster then my own personal bank could have done."

    Dana, VIC

One size doesn’t fit all

Because everyone is different, we tailor our interest rates to individually match our borrower's financial situation.
See below how different rates affect repayments for an example loan of $15,000 over 5 years.

Best
7.75%
Annual rate
7.75%
Comparison rate
7.75%
Monthly repayments
$302.35
Good
12.09%
Annual rate
10.99%
Comparison rate
12.09%
Monthly repayments
$335.84
Average
15.07%
Annual rate
13.79%
Comparison rate
15.07%
Monthly repayments
$363.03

Our personal loans are for either 3 or 5 years and our comparison rates*, which include fees, range from 7.75% to a maximum of 22.52%. Fees and rates are based on an individual's financial circumstances. Checking your rate will not affect your credit score.

* This comparison rate is based on a $30,000 Personal Loan for a five year term. This rate is applicable for unsecured loans only.

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.

Your money,
for whatever you need

MoneyPlace offers unsecured personal loans for almost anything, including to pay for a car, a holiday, medical or dental work, debt consolidation, home improvement or even to help pay for a wedding. Our loans are 100% online and funded directly by investors, so you don't have to deal with a bank or pay expensive bank interest rates.

Applications

It's simple and only takes 10 minutes to apply online

After your application is submitted your dedicated lending specialist will guide you through the final steps. It typically takes 2–3 days to get your money.

Apply now

Frequently asked questions

What will my interest rate be?

We assess our borrowers based on a number of factors, such as their credit score and financial history. To find out what your rate will be, you must get a rate estimate here. It takes just 2 minutes to find out your rate and is completely obligation fee.

Who can apply?

Anyone who is over 18 years old and a citizen or permanent resident, currently living in Australia, who is employed and earns at least $20,000 per year (the majority of your income cannot be from Government benefits) can apply.

How much can I borrow?

MoneyPlace loans are from $5,000 to a maximum of $35,000, for either 3 or 5 years. It should be noted however, that the maximum amount we will lend you depends on a number of factors including your credit history.

What are your fees and charges?

We have only one fee, an establishment fee, which starts at 0% for loans with an interest rate of 7.75% and goes up to 5% for loans with our highest annual rates. The establishment fee is added to your loan amount so that you are not out of pocket. There are no fees or penalties for early repayments.

What can I use my money for?

You can use your MoneyPlace loan for almost anything you want. You may not use your loan for anything illegal. Other than that, it’s pretty much up to you.

Will you affect my credit score?

When you get a rate estimate from us we access your credit file in a way that is not visible to other credit providers and does not affect your credit score. When you submit a full loan application we do what is called a 'full credit enquiry' which other credit providers can see and which might affect your score.

Our customers have saved an average $5,654 over the term of their loan when they consolidated their credit cards and personal loans with us.

Savings are based on the average amount of credit card and personal loan debt consolidated by MoneyPlace customers, using the average interest rate and fees for such accounts (as published by ANZ, Westpac, NAB, and CBA); and upon the average loan size, interest rate and fees paid by MoneyPlace customers over a 5 year loan term. Individual circumstances will vary.