Personal loans

Credit made for you

Variable Rate Personal Loan

Trusted by thousands of Australians

Estimate your

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


Monthly repayment from


Example interest rate

6.95 %

Comparison rate*

8.34 %

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.

*This comparison rate is based on an unsecured variable rate personal loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. $495 establishment fee and $10 monthly fee applies. Comparison as of:06/06/2022

Personal Loan

Are you looking for a variable rate personal loan? Whether you are getting a personal loan for a new car, paying for a wedding, or planning to do some traveling, getting a variable rate personal loan can take some of the stress out of the process as you’ll know exactly what your repayments will be each month (unless there is a change in interest rate). This can make it easier to adhere to your budget and make all your repayments on time.

How to get a quick personal loan with bad credit?

We believe in responsible lending so that means that we don’t offer our customers more credit than we believe you can comfortably repay, and we also take into account all of your circumstances, especially your current ones. In the past, when you applied for products like our fast cash loans and our virtual credit card, lenders would request and receive a credit report which only showed a very limited amount of information. Times have changed in ways that not only mean we can offer you faster approvals for our range of products, but we can also receive a more complete picture of your credit history. We understand that sometimes in life, things happen. You might have forgotten about a bill or been in tough circumstances which resulted in a credit default on your credit file. Now, with the new credit reporting facilities, lenders can actually see your repayment history for the last 24 months, not just the difficult moments on your credit file. 

When we allocate our customers an internal MoneyMe credit score, this means that we have seen and noted any trouble you may have had with credit in the past, and we’ve allocated an appropriate amount of risk to us that you may pose. When you have successfully repaid an easy money loan with us, we re-evaluate your credit score with us and the next time that you apply for our instant loans, you are rewarded with fewer fees and charges because we have a better understanding of the kind credit customer you are now.

How could quick personal loans help your financial circumstances?

How could our range of easy finance help you right now? How could a quick loan from MoneyMe help to free up your cash flow, or assist in managing bills and debts you have? 

If you’re moving to a new rental property then relocating is not only a stressful time, it can also be an expensive one. As a rental tenant, there are professional cleaning costs, possibly gardening costs, removalist costs and then the bond amount and upfront rent you have to pay for your new rental home. A short term loan from MoneyMe can be the quick cash you’re looking for to get rid of all of your upfront costs and then comfortably repay them over a period. You can stress less while you move and focus on the good parts of relocating like furnishing your new home and settling into a new neighbourhood.

Unexpected bills usually hit at exactly the wrong time and sometimes your savings just isn’t enough to cover everything cleanly or you’d rather not clean out your entire savings in one fell swoop. Whether it’s a long term personal loan that you need to cover things like medical expenses and mechanical costs or a new car, or small loans to help you clear off your utility bills, car registration and a few other odds and ends, we can help. Our range of easy loans offers you instant upfront cash so you can pay what you need to pay and still have some breathing space and a bit of savings at the end. 

Having trouble saving for the things that you love, or have you come across a great deal that you just can’t pass up? Don’t put off the things on your bucket list and clear out your rainchecks. It’s time to start really living your life. Our quick personal loans can help you plan that holiday you have been promising yourself or finally do that world travel plan you and your best friend promised you’d do in high school. If you’re heading back to the books, we can help you with a fast cash loan to cover your education expenses. Our loans cover adult education and university, as well as kids’ school fees for college. Usually, courses offer you great savings when you’re able to pay upfront so why not take advantage of those early booking specials and access the quick loans you need from MoneyMe.

Been putting the wedding off so you could finally plan that dream even you’ve always wanted? Let us help you push the schedule forward. Need to update your bathroom or put on an extra room in the house? Apply for renovation loans and get the ball rolling.

When you’re ready to proceed, apply online for quick personal loans with MoneyMe. Applications take you just a few minutes to complete and approvals are fast. Apply online today and get the cash you need from MoneyMe at great rates and low fees.

What is the best loan for you?

If you decide on a variable rate personal loan it is definitely worth doing a personal loan comparison Australia to find the best deal. It makes it more straightforward to compare deals when you know the interest rate will stay the same over the life of the loan. Rather than just comparing the interest rates, make sure you look at the comparison rates too. The comparison rates factor in associated fees such as application fees and ongoing fees that can add up over the life of the loan so will give you a more accurate idea of the total cost of the loan. But remember, the comparison rate will not necessarily factor in all the fees and charges so you’ll need to look into each loan in detail before making your final decision.  At MoneyMe, we like to be transparent about our costs, so there are no hidden fees or charges, and no early exit fees. You’ll know upfront what the fees are going to be.

Can you refinance a variable rate personal loan?

In some cases, refinancing a personal loan can be a good idea. If interest rates have gone down significantly since you first took out your loan, you may be able to find a personal loan with a lower interest rate. You also may be able to reduce your interest rate by refinancing if your credit score has improved significantly since you first took out your loan. But remember, your credit score is likely to decrease slightly each time you refinance so you’ll need to weigh up the pros and cons.

Fast online loans

Whether you need a $5,000 personal loan or a $30,000 personal loan, at MoneyMe we have a range of easy loans to choose from. We also have a free handy personal loan calculator so you can get a good idea of what your monthly repayments are likely to be before you take out the loan. Once you’ve decided on how much you can comfortably borrow, it’s now time to apply online. To do this simply click the ‘apply now’ button and you can start the application process which shouldn’t take very long, as thankfully there is no lengthy paperwork involved. With our quick loans, you should receive your decision within a few minutes. Once your loan has been approved, if you have applied within business hours you could have access to up to $50,000 in less than an hour, depending on who your bank account is with, and it will take a bit longer if you are applying outside business hours. 

MoneyMe has provided many loans online to borrowers all over Australia. If you have any questions, our support team would love to help you. You can call us during business hours, send us an email or get in touch via LiveChat. Apply for your variable rate personal loan online today, and join our growing list of happy customers.

Our customers

Unbelievably easy finance when I needed it the most. A huge thank you from me and as a returning customer I know that I am getting a fair deal.

After 5 to 10 minutes of filling up my application, my loan has been approved and the money was in my bank account. I had a great experience that is why I'm giving them a 5-star rating. Excellent service. Thank you very much, MoneyMe.

Amazing through and through. MoneyMe helped me out when no one else would and they have been a delight to deal with. I 100% recommend their service. They're an absolute joy to deal with!


Review Stars Out of 2,701 reviews

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Awards and features

Transparent and
simple pricing

Interest rate

6.95 %
to 22.95 %

Comparison rate*

8.34 %
to 24.33 %

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


*This comparison rate is based on an unsecured variable rate personal loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. $495 establishment fee and $10 monthly fee applies. Comparison as of: 06/06/2022

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