Aussie Secured Personal Loan with Low Fixed Rates, No Monthly Fees and Fast Online Approval

Key features of the OurMoneyMarket secured personal loan

The OurMoneyMarket secured personal loan for Australia is built for borrowers with strong credit who want predictability and value. Core features include fixed rates from 6.57% p.a., a fast online approval process and no monthly account fees, making repayments simpler to plan.

Security is required, which can be property, a vehicle or other acceptable assets, and borrowing amounts range from $2,001 to $75,000. With no early repayment penalty, Australians can pay down the loan sooner without extra charges.

Costs, rates and transparent fees

Interest rates are fixed between 6.57% and 18.99% p.a., with comparison rates from 7.19% to 21.78% that reflect likely fees and charges. The application fee is charged between 1.50% and 6% of the loan amount, with a minimum $250 fee, so factor that into your borrowing plan.

There are no ongoing monthly fees, though arrears fees of about $35 may apply for missed payments. The fixed rate and clear fee schedule make this secured personal loan competitive for Australians seeking budgeting certainty.

Eligibility and fast online application

To be eligible you must be 18+, an Australian citizen or permanent resident, and have stable employment or pension income. Centrelink payments can be considered as a secondary income source, but applicants in financial hardship or with recent bankruptcies are unlikely to qualify.

The online application is streamlined for quick assessment and fast online approval, so you can submit documents and receive a decision from home. Having proof of income and asset details ready speeds up the secured loan process.

Why choose a fixed-rate secured personal loan in Australia

A fixed-rate secured personal loan delivers predictable monthly repayments, shielding you from RBA-driven rate hikes and making household budgeting easier. For Aussies planning renovations, debt consolidation or large purchases, a fixed rate provides peace of mind over the loan term.

Using collateral often unlocks lower fixed rates than unsecured options, and OurMoneyMarket’s product pairs that security with no monthly fees and no early repayment penalties. If you value certainty and competitive fixed rates, this secured personal loan is worth comparing.