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Personal Loan

Personal loans for

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Winner of Canstar's Innovation Excellence Award 2022*

Estimate your

Find out how much your repayments and
interest rate could be with our calculator


Monthly repayment from


Example interest rate

9.20 %

Comparison rate*

10.58 %

Total charges


Total repayments


Disclaimer: This calculator provides an estimate only and a comparison rate based on the example information provided. Other fees, costs and charges are not included. This calculation is not an offer for credit. The amount you can borrow may vary once you complete a loan application and all the details relevant to our lending criteria are captured and verified. The interest rate for this product is variable and subject to change. Any calculations made by you using this calculator is intended as a guide only.

Personal Loan

When it comes to a personal loan, MoneyMe knows how to make the process as smooth and simple as it can be. This is because we understand that life can demand a lot from you at times. 

Perhaps you need wedding loans to iron out some of the event expenses or maybe you need a loan ASAP to bounce back from the patio cost that put a dent in your savings. Regardless of the reason for your personal loans, our quality credit product solutions will surely leave you feeling satisfied. 

We have non secured loans for all types of people in Australia – just apply for an account online, input basic information about your finances, then wait for our instant approval! 

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How much personal loan can I borrow?

With MoneyMe, you can have a personal loan that ranges from as low as $5,000 to as high as $50,000. The best part is that, unlike traditional loan companies, we can give these funds in as fast as 60 seconds (depending on your financial institution). 

A rapid loan from us has been made possible due to the advanced Proviso technology we use. With this tool, we will analyse the past 90 days of your banking history so we can give you the quick service you deserve. 

Not to worry, one of our priorities at MoneyMe is data privacy. We only check your bank statements as read-only documents – meaning we have top security encryption to ensure that no outside party can view your bank account information. 

Join the MoneyMe family today and experience fast, safe, and convenient conditions when you borrow money. 

Which bank is best for a personal loan?

We understand that the current question in your mind is ‘which bank has the best business payment plans for a personal loan?’ 

While there are a number of tried and tested banks out there, you would be hard-pressed to find any with the interest rate offers and benefits MoneyMe provides. 

When you apply for personal loans with us, we factor in a number of important elements such as sources of income, debt obligations, and living expenses. This way, we can come up with a fair loan decision even if you have a bad credit score. 

Now how’s that for business? Apply for an unsecured loan from MoneyMe and have us look at the bigger picture with regard to your financial situation. 

How much can I borrow using a personal loan calculator?

At MoneyMe, we are confident with our online alternatives to bank loans. That is why we are even providing you with our free personal loan repayments calculator. 

With this tool, you can analyse a number of variables such as interest rate for personal loans vis-a-vis preferred fixed term. By doing this, you can effectively see how much you have to pay and how often you have to do so based on your income generation. 

Whether it be a $5,000 loan with fortnightly payments or a $50,000 loan with monthly payments, you will surely find the right option for you at MoneyMe.

Are personal loans taxable?

Have you been thinking about making a loan but are worried about the tax aspect? Well, MoneyMe has some good news for you. 

Generally, a personal loan is not subject to tax since the funds you will receive are not considered income. Additionally, a private loan from MoneyMe cannot be labelled as income since the amount has to be repaid based on the agreed-upon terms.

On the other hand, wages are seen as a sum of money you earn and can freely keep as savings. This means that this amount can be subject to income tax as it is what you receive from your employer.

With this distinction, you are free to loan from our base amount of $5,000 to our maximum amount of $50,000 without having to worry about tax charges. 

Can I increase my personal loan amount?

Through the use of our intuitive and user-friendly platform, you can easily increase the amount of your personal loan. 

To be eligible for this change, you must first create a positive track record with us. For instance, if we see that you have been repaying the proper amount consistently, your MoneyMe loan rating may level up to an A1+ from an A3. 

Ultimately, this means that you not only have the option to loan larger amounts, but have lower interest fees as well. 

Create a personal loan MoneyMe account today, make consistent repayments, and experience more benefits from us down the line!

Can a personal loan be transferred to another person?

When it comes to personal lending, it is a general rule that an online bank loan cannot be transferred to another individual. However, for some traditional lenders, the contract cosigner becomes the bearer of the debt when the original signer can no longer attend to the obligation. 

Additionally, secured car loans that use the vehicle as collateral or mortgages with a similar repayment set-up can also be transferred to the cosigner.

With MoneyMe, you won’t have to worry about those factors as we only provide an unsecured personal loan option.

Here, we analyse your specific situation and give you an amount that you can realistically pay off. This way, you won’t have to stress about your assets being taken away or your loved ones dealing with your loan in case you cannot pay for it anymore.

Can I get a personal loan?

Getting a personal loan from MoneyMe is quick and simple as long as you are eligible. To enjoy our lending loans, you must fulfil the following conditions: 

  1. Over the age of 18
  2. An Australian resident
  3. An employed individual 

If you have met all these requirements, then you can begin the effortless process by downloading the MoneyMe mobile phone app available in the Apple App Store or Google Play Store. You may also visit our website.

Afterwards, simply create an account, complete the three-minute application, and wait for our team to approve your request. 

With how fast you’ll receive the money, you’ll be left wondering why you haven’t tried our premium services before. Join us here at MoneyMe to purchase what you want, when you want.

Our customers

Personal Loan

Fast, fair and easy. Very happy customer. Happy to get another loan in the future from MONEYME.

Simple process, easy to follow application, quick response time and good support.

I was impressed with how easy and quick the application was. Very happy with their customer service, and the app is very convenient.


Review Stars Out of 2,701 reviews

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Transparent and
simple pricing

Interest rate

9.20 %
to 25.20 %

Comparison rate*

10.58 %
to 26.58 %

Establishment fee
(Direct applications)

$395 for loans between $5,000 and $15,000

$495 for loans between $15,001 and $50,000

Monthly fee


Loan terms

Minimum 3 years

Maximum 5 years

Early exit fees


Ready to get

Won’t impact your credit score!
Won't impact your credit score!

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