Pepper Money Unsecured Personal Loan
- Interest Rate (p.a.)
- 6.75% to 26.95%
- Comp. Rate (p.a.)
- 6.75% to 26.95%
- Min Loan Amount
Pepper Money’s personal loan allows you to borrow $5,000 and $50,000 with repayment terms from 18 months to 7 years. This loan is risk-based, with interest rates ranging from 6.75% p.a. up to 26.95% p.a. based on your credit history and personal financial circumstances.
No asset security required
No upfront or ongoing fees
Use for a range of loan purposes
You may receive a higher interest rate than advertised depending on your individual circumstances.
|Product Name||Pepper Money No Fee Unsecured Personal Loan|
|Interest Rate (p.a.)||6.75% to 26.95%|
|Comp. Rate (p.a.)||6.75% to 26.95%|
|Interest Rate Type||Fixed|
|Min Loan Amount||$5,000|
|Max. Loan Amount||$50,000|
How does the Pepper Money unsecured personal loan work?
Pepper Money's no fee personal loan is available from a competitive rate of 6.75% p.a. This personal loan can be used for almost any purpose, such as renovations to your home, a holiday or your wedding.
You can receive your personalised rate in 2 minutes. Once you apply online you can get a response in another 2 minutes, and if approved access the funds within 24-48 hours.
Pepper Money does not allow this loan to be used for:
- Tax debts
- Mortgage, rent or credit arrears
- Payment of defaults and judgements
- Loans for business purposes
How to applyYou must meet the following eligibility criteria to apply:
- Be an Australian citizen or permanent resident.
- Be 18 years old or older.
- Be employed and not on probation.
- Have no unpaid defaults or prior bankruptcy.
- Have acceptable ID (either a current Australian Passport or current Australian Drivers Licence).
You will also be required to submit the following documents to support your application:
- Bank statements
Features of this loanConsider the following features before applying for this loan:
- Unsecured. You won't need to offer an asset as security.
- Loan repayment term. Repayment terms range from 18 to 36 months for unsecured loans between $5,000 and $7,999, and 18 to 84 months for unsecured loans from $8,000 to $50,000.
- Loan amount. You could get a loan amount between $5,000 to $50,000.
- Quick application. The application process takes as little as 10 minutes to complete.
- Quick funding. If approved, you will receive your funds within 24-48 hours.
- Repayments. Make your repayments weekly or fortnightly.
- Personalised rate. Get your personalised rate in two minutes, prior to submitting an application.
How much does the Pepper Money unsecured personal loan cost?
- No fees. This loan has no upfront or ongoing fees.
- Unsecured personal loan rate. Rates start from 6.75% p.a. and are based on your indiviual circumstances and the information verified during the loan application assessment.