Pepper Money Unsecured Personal Loan – Fixed

Get approval for an unsecured fixed-rate loan with flexible repayment options and no monthly fees.

If you’re looking for a competitive financing option, Pepper Money offers an unsecured personal loan through which you can apply for up to $50,000. You can receive conditional approval within minutes if you apply online and the interest rate is fixed for the whole loan term.

3 things you should know about this loan

  • Tailored interest rate. Depending on the requested loan amount and your financial circumstances, interest rates range between 9.99% p.a. and 27.99% p.a.
  • Low fees. There are no application fees or monthly fees charged with this loan, helping to keep your ongoing repayments manageable.
  • Additional and early payment penalties apply. A break fee of $150 applies if you make extra repayments that exceed the amount of three repayments. There is also a $300 fee to repay the loan early.
Product NamePepper Money Unsecured Fixed Rate Personal Loan
Interest Rate (p.a.)From 9.99% (fixed)
Comparison Rate (p.a.)9.99%
Interest Rate TypeFixed
Min Loan Amount$5,000
Max. Loan Amount$50,000
Loan SecurityUnsecured


  • Competitive, tailored rate
  • No application or monthly fees
  • Use the loan for any purpose


  • $150 fee may be charged for additional repayments
  • A $300 break cost applies

Factors to consider when deciding on the Pepper Money unsecured personal loan

This is an unsecured loan, which means that you don’t have to guarantee the loan amount with valuable assets. No establishment or monthly fees apply, but you will be charged a $150 fee if you make additional repayments that exceed an amount equal to three repayments. You may also be charged a $300 if you repay the loan early.

You can apply for this loan with a variable interest rate where additional repayments can be made without penalty.

Features of the Pepper Money unsecured personal loan

If you’re interested in applying for this loan, here are some of its features:

  • Loan amount. This loan is available for amounts between $5,000 and $50,000.
  • Loan term. You can repay this loan over a period of between 1 and 7 year(s).
  • Fixed interest. The interest rate is fixed for the term of the loan. Repayments remain unchanged until the end of the loan period. Interest is fixed at between 9.99% p.a. and 27.99% p.a.
  • Quick application. You can apply for this loan online and be approved conditionally within a few minutes of your submission.
  • Unsecured. No assets are required to secure the loan amount.
  • Loan purpose. This loan can be used for any purpose, from paying for a wedding to travel or home improvements.
  • Repayments. This loan is repaid weekly, fortnightly or monthly. You have the option to make additional repayments, but you will be charged a break fee of $150 if the extra repayments exceed an amount equal to three repayments or more. If you’d like to repay the loan early, you will be charged a fee of $300.
  • Responsible lending. Pepper Money subscribes to responsible lending, which means that you won’t be approved for a loan that you can’t afford to repay.

How to apply for the Pepper Money unsecured personal loan

If you’re ready to apply for this loan, click “Go to Site” on this page to get the application process started. Keep in mind you need to meet the following criteria to apply:

  • You must be at least 18 years old.
  • You must be able to repay the credit.
  • You must be an Australian citizen or permanent resident.

You will be asked to submit the following to support your application:

  • Payslips
  • Bank statements
  • Positive identification including a driver’s licence or passport

Pepper Money employs a few online services to assess your financial circumstances, including bank statement retrieval, identity verification and credit checks. You can also save an incomplete application and retrieve it later.

This type of loan can do a lot to solve cash flow problems, but it’s important to make sure that you’re in a position to repay the loan you want. There are always alternative solutions, so shop around before making any binding commitments.

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20 Responses

  1. Default Gravatar
    DanFebruary 19, 2019

    What’s the termination/exit fees if i decide to payout early?

    • Avatarfinder Customer Care
      NikkiFebruary 20, 2019Staff

      Hi Dan,

      Thanks for getting in touch! We don’t have any information on exit/early termination fees from this loan but you’ll surely be able to obtain information when you contact Pepper Money. Hope this was helpful. Don’t hesitate to message us back if you have more questions.


  2. Default Gravatar
    IsaiahFebruary 4, 2019

    I am 18 years old and I am entering university. I’am holding an NZ passport. Unfortunately, I can’t avail for HECs of fee assist. I’m only on my 6 years here in Australia. I don’t have a credit card or credit history. I am working as casual but looking for a part time permanent part time job to further support my studies. Is it possible to apply for a personal loan to support my whole course in the uni?

    • Avatarfinder Customer Care
      JeniFebruary 9, 2019Staff

      Hi Isaiah,

      Thank you for getting in touch with finder.

      As per this page, Pepper Money’s loan application requirements are:

      -You must be at least 18 years old.
      -You must be able to repay the credit.
      -You must be an Australian citizen or permanent resident.

      If you believe that you’re able to repay the loan and pass the eligibility criteria as well as having supporting documents such as payslips from your part time job, bank statement and proof of ID, kindly click on the go to site button to be redirected to their official page to learn more on their products and even start your online application. Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision and consider whether the product is right for you.

      I hope this helps.

      Thank you and have a wonderful day!


  3. Default Gravatar
    NeilNovember 29, 2018

    A bank is refusing to lend me some money after I got into financial situation and they are telling me to credit file check and I just checked your site and nothing’s wrong hoe can I get more info about this

    • Avatarfinder Customer Care
      NikkiNovember 29, 2018Staff

      Hi Neil,

      Thanks for getting in touch! Lenders have different criterias when they accept and approve loans. This is however not disclosed to anyone. Here is a page that will help you apply for a personal loan in the future. See to it that you have all the required documents needed by the lender and be sure that you meet the eligibility criteria. A good credit score is always ideal as well. Hope this helps!


  4. Default Gravatar
    GuyOctober 15, 2018

    Can I get a personal loan with a credit rating of 650+ or is there no point trying.

    • Avatarfinder Customer Care
      NikkiOctober 15, 2018Staff

      Hi Guy,

      Thanks for your inquiry and for visiting our page.

      You are free to apply for a personal loan with Pepper Money. It is important that you review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the product disclosure statement of the product and contact the lender should you need any clarifications about the card.

      Here is also a handy page that explains what you should do with a good credit score.

      Hope this was helpful. Don’t hesitate to message us back if you have more questions.


  5. Default Gravatar
    WendyAugust 21, 2018

    Can I have home loan with peppers?

    • Avatarfinder Customer Care
      JeniAugust 21, 2018Staff

      Hi Wendy,

      Thank you for getting in touch with finder.

      Yes Wendy. Pepper Money has a wide range of loan solutions designed for each individual’s needs. For your home loan enquiry, you may refer on this page. On that page, you would see that self-employed or having bad credit can get a home loan with Pepper Money.

      Please feel free to reach out to us if you have any other enquiries.

      Thank you and have a wonderful day!


  6. Default Gravatar
    APP0000077884August 3, 2018

    I need to get my application form online to add documentation to it.

    • Default Gravatar
      JoelAugust 3, 2018

      Hi there,

      Thanks for leaving a question on finder.

      You can pick up from where you left off in your Pepper Money loan application if you click HERE. Please note that you’ll need your personal loan application code handy. You will find your application code in the email or sms they sent to you when saving your application.


  7. Default Gravatar
    NolaOctober 27, 2017

    I am looking for a lender that will lend small amount of money to a pensioner.

    • Default Gravatar
      JonathanOctober 27, 2017

      Hi Nola,

      Thank you for your inquiry. We understand that you need some funds as a pensioner.

      You may consider pensioner loans listed on our page. On the list, we have both banks and non-bank institutions that can help you. Take note that each lender has an eligibility requirements and has varying loan terms, so it is important that you check their Loan Agreement or speak to a loan specialist for clarification.

      Alternatively, we have personal loan brokers who can comprehensively assess your circumstances and lending needs. You may consult to one of them if you find that helpful.

      Let us know if you need anything else.


  8. Default Gravatar
    TaraSeptember 11, 2017

    Looking for a debt consolidation loan, that accepts a bad credit rating (from payments being a couple days late – always paid though) I know credit rating affects a lot of loans. It’s easier to pay 200 or so a week compared to 550+ with all separate bills. Would this be an option?

    • Avatarfinder Customer Care
      HaroldSeptember 11, 2017Staff

      Hi Tara,

      Thank you for your inquiry.

      Regarding debt consolidation you may want to consider the following options here.

      I hope this information has helped.


  9. Default Gravatar
    EmAugust 21, 2017

    I want to consolidate credit cards, small personal
    Loans and arrears in my bills. Is this a feasible reason to apply for a personal loan?

    • Default Gravatar
      MariaAugust 22, 2017

      Hey Em,

      Thank you for reaching out to us.

      It’s possible to apply for a loan to consolidate debt.
      You may find useful information on our page on Debt Consolidation Loans.

      I hope this helps.


  10. Default Gravatar
    MatthewJuly 22, 2017

    how man payslips do i need to provide?

    • Default Gravatar
      JonathanJuly 22, 2017

      Hi Matthew,

      Thank you for sending your inquiry today. :)

      Usually, lenders require two most recent payslips. But take note, that internal credit guidelines may require you to provide additional documentation as deemed by them.

      Hope this helps.


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