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Harmoney is an online-only lending platform that offers personal loans from $2,000 to $50,000 Australia-wide.
From 6.99% (fixed)
Interest Rate (p.a.)
7.79%
Comparison Rate (p.a.)
$2,000
Min Loan Amount
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Product Name | Harmoney Unsecured Personal Loan |
---|---|
Interest Rate (p.a.) | From 6.99% (fixed) |
Comparison Rate (p.a.) | 7.79% |
Interest Rate Type | Fixed |
Min Loan Amount | $2,000 |
Max. Loan Amount | $50,000 |
Loan Security | Unsecured |
A personal loan from Harmoney is an unsecured loan that can be used for any worthwhile purpose. Borrowers can apply for loans of between $2,000 and $50,000.
Once your loan application has been reviewed by Harmoney, your credit profile is verified to determine your creditworthiness, and a rate will be assigned to you. Borrowers can then opt to accept or reject the loan offer based on their rate.
Interest rates vary according to your profile. Borrowers can choose loan periods of 3 years or 5 years.
Here are some of the features of Harmoney’s Personal loans:
Borrowers pay a one-off establishment fee (referred to by Harmoney as a "platform fee") of $275 for loans up to $5,000. For loans of $5,000 and over, borrowers can expect to pay a $575 establishment fee. This fee is charged upon loan settlement. As long as you make the required payments, there are no additional fees charged. If a payment is dishonoured you’ll be charged a fee of $15.
The application process is completed online. To be eligible for a loan from Harmoney, you must:
You’ll need to provide your personal details, information regarding the loan you’re after as well as your financial information.