5 best Personal Loan In Australia

Spread the love

MoneyMe Loan Apps Review

MONEYME is transforming the way consumers access and utilize credit in Australia. With the MONEYME app, you can apply and receive approval in as little as 5 minutes! It’s now faster and more convenient than ever before.


Moneyme Freestyle interest rate ranges from

Our Freestyle interest rate ranges from 18.24% to 23.24% per annum, and there is an additional $5 monthly fee charged on the first day of each month if your balance at the end of the previous month was greater than $20. Our annual fees are determined based on your credit limit, as indicated below.

Interest rate:

18.24% - 23.24% per annum

APR/Comparison rate:

20.51% - 25.46% (inclusive of monthly fee)


Up to $3,000 limit- $0 annual fee $3,001 to $5,000 limit - $49 annual fee $5,001 to $20,000 limit - $149 annual fee

Terms Of Payment :


Up to $5,000 - 24 months


$5,001 to $10,000 - 36 months


$10,001 to $15,000 - 48 months


$15,000 to $20,000 - 60 months

Minimum repayments:

Minimum repayments: £15 every two weeks or the total amount of credit utilized spread out over the repayment period (whichever is higher). If you have a Freestyle account with a balance of £20,000 over a span of 5 years at an interest rate of 18.24% (20.51% APR), you would incur an additional £12,070.00 in fees and charges with a fully utilized limit. Super low rate personal loans offer convenient access to up to £50,000 with competitive rates starting from 8.70% p.a. (comparison rate 10.08% p.a.*). The application process is simple online, and you can receive fast automated approvals with immediate transfer times (via the New Payments Platform). The money can be available in your bank account within an hour. The interest rate varies from 8.70% p.a. to 24.70% p.a. (variable), and the APR/Comparison rate ranges from 10.08% p.a. to 26.08% p.a. For direct applications, the establishment fee is £395 for loans between £5,000 and £15,000, and £495 for loans between £15,001 and £50,000. There is a monthly fee of £10. The loan terms are available for 3 to 5 years, and there are no early exit fees or early repayment fees. If you take out a personal loan of £30,000 over 5 years with an APR of 10.08% p.a., the total amount you would repay is £38,315.71 (£38,315.71).


Easy To Apply In Minutes

Our application process is simple, without the need for paperwork, and can be completed within a few minutes, making it convenient to apply for credit even when you're on the move.

Fast Approval

Once you’ve submitted your application, you’ll likely receive a decision on the spot. However, if your application requires further review, we’ll try to get you an outcome within 60 minutes during business hours.

Self -Manage Your Account

Check your balance. Move, split or make early repayments. Update your details. Plus, we don’t charge early exit fees – so you can save on interest by paying out your outstanding balance early!

Access Exclusive Offers

If you’re eligible for new products or special offers, we’ll notify you via the app.

You can contact us in various ways. You can engage in a live chat with us through the MONEYME App, or you can reach out to us via phone, email, or SMS. The comparison rate mentioned is calculated based on our personal loan for $30,000 over a period of 5 years, which includes a $495 establishment fee and a $10 monthly fee. Please note that this comparison rate is only applicable to the provided examples and may not cover all fees and charges. Different terms, fees, or loan amounts could result in a different comparison rate.