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Personal Loan

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*Comparison rate is calculated based on a loan of $5,000 over 2 years

Customise your loan summary by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Personal Loan Pros and Cons

Pros:
  • No ongoing fees
  • No early exit penalty
  • Can apply online
  • Suitable for both new or used car
Cons:
  • Application fee charged
  • Cannot apply in branch
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Money Me Personal Loan Fees and Features

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Student Loan
Student Loan
Debt Consolidation
Debt Consolidation
Renovation
Renovation
Shares
Shares
Holidays
Holidays
Medical Bill
Medical Bill
Wedding
Wedding
Upfront Fee
Upfront Fee
$400
Ongoing Fee
Ongoing Fee
$0
Borrowing range
Borrowing range
$2k - $5k
Total Repayments
Total Repayments
$34,344
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Missed Payment Penalty
Missed Payment Penalty
$15
Redraw Activation Fee
Redraw Activation Fee
N/A
Repayment Type
Repayment Type
Variable
Loan Type
Loan Type
Unsecured
Secured by vehicle
Secured by vehicle
Secured by property
Secured by property
Security by bank deposits
Security by bank deposits
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Line of Credit
Line of Credit
New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Student Loan
Student Loan
Debt Consolidation
Debt Consolidation
Renovation
Renovation
Shares
Shares
Holidays
Holidays
Medical Bill
Medical Bill
Wedding
Wedding
Upfront Fee
Upfront Fee
$400
Ongoing Fee
Ongoing Fee
$0
Borrowing range
Borrowing range
$2k - $5k
Total Repayments
Total Repayments
$34,344
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Missed Payment Penalty
Missed Payment Penalty
$15
Redraw Activation Fee
Redraw Activation Fee
N/A
Repayment Type
Repayment Type
Variable
Loan Type
Loan Type
Unsecured
Secured by vehicle
Secured by vehicle
Secured by property
Secured by property
Security by bank deposits
Security by bank deposits
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Line of Credit
Line of Credit

MoneyMe is an Australian personal loan lender that operates entirely online. While MoneyMe does not operate any bank branches, it does operate a head office in Sydney.

As an online-only lender, MoneyMe uses technology to streamline the personal loan application and approval process. MoneyMe offers a quick paperless application and fast approval so that customers can receive their money sooner.

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