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Money3 Personal Loan

A personal loan of up to $8,000 to help you cover unexpected expenses.

The personal loan from Money3 allows you to borrow a minimum of $2,000 and a maximum of $8,000 for a range of purposes, whether it be an unexpected emergency or a new fridge. This loan has no hidden fees or charges and you will not be charged to repay the loan early.

Money3 may approve you for this loan if you are on government assistance or if you have bad credit as long as you meet the minimum requirements.

How does a personal loan from Money3 work?

To apply, fill out an online application for much you need to borrow, check you meet the minimum requirements for the loan and you’ll be on your way to borrow between $2,000 and $8,000.

Features of a loan from Money3

What are the features of this personal loan by Money3?

  • Apply with bad credit. Money3 allow applicants to apply with their bad credit history and they will consider your application.
  • Apply on benefits. Money3 will consider your application if you are on Centrelink or receiving a disability pension.
  • No hidden fees. Money3 loans have no hidden costs or fees attached to their loans.
  • Flexible loan amounts. The Money3 personal loan has a minimum of $2,000 and a maximum of $8,000.
  • Quick application process. The application process is completed online and is a simple process to follow. It should take about 10 minutes, provided you have all of your personal information with you.

Fees and charges

Money3 have no hidden fees or charges attached to the loan amount. This means that the fees will be clearly outlined to you before you need to sign the contract. Make sure you understand them before signing. For this loan, Money3 have a rate that is predetermined by the amount you want to borrow and your ability to make the repayments. However, interest is debited from your account monthly, so it's not clogging up your bank statements with daily charges. You are also able to repay some or the whole amount of the ‘amount owing’ section at any time during the loan.

Are you eligible for a Money3 Personal loan?

Curious as to whether or not you meet the eligibility criteria for this loan? All you need is:

  • To be an Australian resident over 18 years old
  • Have an income of more than $400 per week or $1,600 a month, whether it be from Centrelink or from your employer
  • You must get your income paid into your account

How you can apply

It’s easy to apply for a personal loan with Money3. Click on ‘Go To Site’ and follow the prompts. It’s a simple online application process that requires you to have:

  • A reason as to why you need the loan
  • Proof of your ID and residency
  • Bank statements

Short term lenders you can compare

Whilst we don't compare Money3 loans directly, use the table below to see how they compare against other loans.

Rates last updated August 20th, 2018
Name Product Product Description Max. Loan Amount Term of Loan Turnaround Time Costs Fortnightly Repayment $5,000
Wallet Wizard Smart Loan
Apply for up to $5,000 as a convenient line of credit.
Up to 2 years
24 hours
Swoosh Finance
A secured loan you can apply for in 10 minutes that gives you up to 12 months to repay. Note: Max loan amount $4,600. Fees and charges included in repayment.
12-24 months
Next business day
$400 + 48% APR of borrowed amount
Nimble Medium Loan
Apply for up to $5,000 and get approved in 1 hour - conditions apply.
Up to 2 years
1 hour - conditions apply*
Application fee of $400 + 47.62% APR
Credit24 Medium Term Loan (Good Credit)
A loan with a quick turnaround time and generous loan term. To be eligible, Centrelink must not be 50% or more of your income.
12-24 months
Same day
$400 establishment fee + 4% monthly interest
Fair Go Finance Personal Loan
Loans up to $10,000 are available even if you have bad credit. Note: You must earn more than $500 per week.
3-36 months
Within 24 hours
from 17.90% p.a. + establishment fee of between $460 - $695 + $5 monthly fee

Compare up to 4 providers

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