OurMoneyMarket personal loan with fixed rates, no early repayment fees and fast online approval for Aussies
OurMoneyMarket personal loan offers Aussies personalised fixed rates, loans from $2,001 to $75,000, no early repayment fees and fast online approval
Quick overview of the OurMoneyMarket Personal Loan
If you want a no-fuss personal loan designed for Aussies, the OurMoneyMarket Personal Loan is worth a look. It offers personalised rates and fixed rates, loans from $2,001 to $75,000, and a simple online experience aimed at fast online approval.
This product suits a range of needs, from debt consolidation and home improvements to a family holiday or unexpected bills. The lender provides both unsecured personal loans and, in some cases after assessment, secured or unsecured options to match your situation.
Rates, comparison rate and fees you should know
OurMoneyMarket advertises competitive interest rates that are personalised to your profile, typically ranging from about 6.57% to 18.99% p.a., with a comparison rate range around 7.19% to 21.78% p.a. The fixed rates mean your repayments stay steady for the loan term, making budgeting easier.
There are no ongoing fees and importantly no early repayment fees, so you can repay sooner without penalty. Be aware of one-off costs such as an establishment fee, a loan variation fee, plus a $35 late payment fee and a $25 direct debit dishonour fee in some cases.
Eligibility, documents and application process
To qualify you must be 18 or older, an Australian citizen or permanent resident, and have regular income from employment or Centrelink. OurMoneyMarket checks credit history and current debts, so keeping your paperwork tidy helps speed things up.
Applying is done online with fast online approval in many cases. Have photo ID, recent bank statements and proof of income ready; the personalised rates are provided after a soft check and full approval usually follows quickly for well-prepared applicants.
Why Aussies choose this loan and next steps
Many borrowers pick the OurMoneyMarket Personal Loan because of its personalised rates, fixed rates and the freedom to make extra payments or repay early with no early repayment fees. The flexible payment schedule lets you choose weekly, fortnightly or monthly repayments to fit your pay cycle.
Compare rates and check your personalised rate before you apply to see how it stacks up against other personal loans. If it looks right for your budget, complete the online application for quick approval and get funds into your account sooner rather than later.