Pepper Money Unsecured Personal Loan (variable) - Review | finder.com.au

Pepper Money Unsecured Personal Loan – Variable

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Borrow up to $50,000 at a competitive variable interest rate that's tailored to you.

  • Please note that Pepper's Money's variable rate loan is no longer available. This page is for historical reference only. Please see below to be directed to Pepper Money's fixed rate loan product.
  • The Pepper Money Unsecured Personal Loan is available for up to $50,000 over a maximum term of 7 years. An online loan application can be conditionally approved within minutes.

    The interest rate is variable and is determined by your risk profile. This means you will find out your interest rate when you apply.


    From 9.99% (variable)

    Interest Rate (p.a.)

    9.99%

    Comparison Rate (p.a.)

    $5,000

    Min Loan Amount

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    Details

    Product NamePepper Money Unsecured Variable Personal Loan
    Interest Rate (p.a.)
    From 9.99% (variable)
    Comparison Rate (p.a.)9.99%
    Interest Rate TypeVariable
    Min Loan Amount$5,000
    Max. Loan Amount$50,000
    Loan SecurityUnsecured
    • Pepper's Money's variable rate loan is no longer available. The information on this page has been kept for the benefit of those who are interested and historical records only. Please refer to Pepper Money's fixed rate loan product for an alternative option.

    Factors to consider when deciding on the Pepper Money Unsecured Personal Loan (variable)

    This is an unsecured loan, which means that you don't have to declare valuable assets to secure the loan amount. You can borrow amounts starting at $5,000 and repay the loan over a minimum of 1 year. This loan comes with a variable rate which is tailored based on your credit profile and determined risk.

    This loan is also available with a fixed interest rate where your repayments will remain the same during the loan term. However, you will be charged penalty fees for additional and early repayments with the fixed rate loan.

    Features of the Pepper Money Unsecured Personal Loan (variable)

    Here are some of the key features of this loan:

    • Use funds for any purpose. This loan can be used for any purpose, including consolidating debt, travel or renovations.
    • Tailored interest rate. Interest rates for this loan start from 9.99% p.a. and are personalised based on your credit risk.
    • Loan amount. You can apply for a loan of between $5,000 and $50,000. Approval is subject to Pepper Money's assessment of your financial circumstances.
    • Loan term. You can repay this loan over a period of 1 to 7 years.
    • Minimal fees. No establishment or monthly fees apply.
    • Flexible repayments. Additional and early settlements can be made without penalty. You can also choose between making weekly, fortnightly or monthly repayments via BPAY, direct debit or direct credit.

    How you can apply for the Pepper Money Unsecured Personal Loan (variable)

    If you'd like to apply for this loan, click "Go to Site" on this page to get started on your application. You'll need to meet the following eligibility criteria:

    • You must be at least 18 years old.
    • You must be in a position to repay the loan.
    • You must be an Australian citizen or permanent resident.

    You will be asked to submit the following documentation:

    • Payslips
    • Bank statements
    • Identification, including a driver's licence or passport

    Pepper Money will assess your finances using bank statement retrieval, identity verification and credit checks. You have the option to save your application and complete it at a later date if need be.

    This variable rate loan can be used for a variety of purposes, from planning a holiday to settling debt. Before agreeing to any loan terms, it's a good idea to compare similar options to make sure you're getting the best deal for your budget.

    Compare other personal loans

    Data updated regularly
    $
    Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
    Symple Loans Personal Loan

    From 5.75% (variable)
    6.47%
    $5,000
    1 to 7 years
    from 0% to 5% of the loan amount
    $10
    You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
    Borrow up to $50,000 to pay for what you need.
    Harmoney Unsecured Personal Loan

    From 6.99% (fixed)
    7.79%
    $2,000
    3 to 5 years
    $575 ($275 for loans of below $5,000)
    $0
    You'll receive a fixed rate between 6.99% p.a. and 24.79% p.a. based on your risk profile.
    Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.
    Plenti Personal Loan

    From 6.39% (fixed)
    6.39%
    $2,001
    3 to 7 years
    $0 to $999
    $0
    You'll receive a fixed rate between 6.39% p.a. and 17.89% p.a. based on your risk profile
    A flexible loan with amounts from $2,001 and terms starting from 3 years. Interest and comparison rates calculated for a loan term of 5 years.
    NAB Personal Loan Unsecured Fixed

    From 6.99% (fixed)
    7.91%
    $5,000
    1 to 7 years
    $150
    $10
    You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
    An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.
    Alex Personal Loan

    From 5.49% (fixed)
    5.49%
    $2,100
    6 months to 5 years
    $0 (Waived $295 establishment fee)
    $0
    You'll receive a fixed interest rate from 5.49% p.a. to 19.99% p.a. based on your risk profile
    Borrow between $2,100 and $30,000 from 6 months to 5 years. Note: The $295 establishment fee will be waived for loan applications submitted by 3 May 2021
    OurMoneyMarket Personal Loan

    From 5.35% (fixed)
    6.31%
    $2,001
    1 to 7 years
    1.5–6% of your total loan amount
    $0
    You'll receive a fixed rate from 5.35% p.a. to 20.99% p.a. based on your risk profile
    A personalised loan from $2,001 to $75,000 that varies based on your credit history and financial situation.


    ⭐ Finder Exclusive: Apply before April 30th to secure a discounted rate of 5.35% p.a. (comparison rate: 6.31% p.a.) for the first 12 months.
    NOW Finance No Fee Unsecured Personal Loan

    From 5.95% (fixed)
    5.95%
    $5,000
    18 months to 7 years
    No Establishment Fee
    $0
    You'll receive a fixed rate between 5.95% p.a. and 17.95% p.a. based on your risk profile
    Borrow from $5,000 to $7,999 with loan terms between 18 months and 3 years or borrow $8,000 to $50,000 with loan terms between 18 months and 7 years.


    ⭐ Finder Exclusive: Get a free $200 Westfield e-gift card once your loan application has settled. Offer ends on 30 April 2021. T&Cs apply.
    Latitude Personal Loan (Unsecured)

    From 7.99% (fixed)
    9.24%
    $3,000
    1 to 7 years
    $250 (Loans under $5000 - $140)
    $13
    You'll receive a fixed rate between 7.99% p.a. and 22.99% p.a. based on your risk profile
    Apply for what you need from $3,000 and use it for a range of purposes. Repay weekly, fortnightly or monthly. You can check your interest rate before applying with no impact to your credit score.
    SocietyOne Unsecured Personal Loan (2-3 years)

    From 6.39% (fixed)
    6.39%
    $5,000
    2 to 3 years
    from 0% to 5% of the loan amount
    $0
    You'll receive a fixed rate between 6.39% p.a. and 17.49% p.a. based on your risk profile
    A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
    SocietyOne Unsecured Personal Loan (5 years)

    From 6.39% (fixed)
    6.39%
    $5,000
    5 years
    from 0% to 5% of the loan amount
    $0
    You'll receive a fixed rate between 6.39% p.a. and 19.99% p.a. based on your risk profile
    A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
    Wisr Personal Loan

    From 6.49% (fixed)
    6.76%
    $5,000
    3 to 5 years
    $595
    $0
    You'll receive a fixed rate between 6.49% p.a. and 19.95% p.a. based on your risk profile
    A loan from $5,000 that charges no fees for extra or early repayments. Keep in mind security is required in some cases.
    CUA Unsecured Fixed Rate Personal Loan
    9.39% (fixed)
    9.64%
    $5,000
    1 to 7 years
    $175
    $0
    You'll receive a fixed rate of 9.39% p.a.
    An unsecured loan from $5,000 with flexible repayments and no monthly fee.
    MoneyMe Personal Loans

    From 6.25% (fixed)
    7.64%
    $2,100
    1 to 5 years
    from $295 to $495
    $10
    You'll receive an interest rate between 6.25% p.a. and 19.95% p.a. based on your risk profile
    Borrow up to $50,000 with no hidden fees or costs. Application process usually takes 5 minutes to complete and is done fully online.
    Plenti Variable Rate Personal Loan

    From 6.39% (variable)
    6.39%
    $2,001
    1 to 3 years
    $0 to $999
    $0
    You'll receive a variable rate from 6.39% p.a and 16.89% p.a. based on your risk profile
    A flexible loan with amounts from $2,001 and terms starting from 12 months. Benefit from transparent costs and a rate estimate before you apply.
    Pepper Money No Fee Personal Loan

    From 5.95% (fixed)
    5.95%
    $5,000
    18 months to 7 years
    $0
    $0
    You'll receive a fixed rate between 5.95% p.a. and 17.95% p.a. based on your risk profile
    Borrow from $5,000 to $50,000 and use for a range of purposes. Pay no upfront, early repayment or ongoing fees.
    CUA Unsecured Variable Personal Loan
    11.89% (variable)
    12.15%
    $5,000
    1 to 7 years
    $175
    $0
    You'll receive a variable rate of 11.89% p.a.
    Borrow from $5,000 with the option for flexible repayments and no monthly fees.
    NAB Personal Loan Unsecured Variable Rate

    From 6.99% (variable)
    7.91%
    $5,000
    1 to 7 years
    $150
    $10
    You'll receive a variable rate between 6.99% p.a. and 18.99% p.a. (7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
    An unsecured loan up to $55,000 you can use for a range of purposes. Benefit from fee-free additional repayments and a redraw facility. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.
    People's Choice CU Discounted Personal Loan

    From 7.99% (fixed)
    8.35%
    $10,000
    1 to 10 years
    $250
    $0
    You'll receive a fixed rate from 7.99% p.a. for 5 years
    Secure this loan with a vehicle up to 7 years old and benefit from long loan terms up to 10 years and pre-approval.
    People's Choice CU Unsecured Personal Loan (Low Rate)
    8.99% (fixed)
    10.73%
    $2,000
    1 to 7 years
    $250
    $0
    You’ll receive a fixed rate from 8.99% p.a. based on your risk profile
    Borrow between $2,000 and $40,000 up to 7 years. No penalties for early payout or additional repayments and no monthly account fee.
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    Compare up to 4 providers

    Personal Loan Offers

    Important Information*
    Logo for Harmoney Unsecured Personal Loan
    Harmoney Unsecured Personal Loan

    You'll receive a fixed rate between 6.99% p.a. and 24.79% p.a. based on your risk profile.
    Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.

    Logo for ANZ Fixed Rate Personal Loan
    ANZ Fixed Rate Personal Loan

    You'll receive a fixed rate of 10.5% p.a.
    Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants.

    Logo for NAB Personal Loan Unsecured Fixed
    NAB Personal Loan Unsecured Fixed

    You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
    An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.

    Logo for SocietyOne Unsecured Personal Loan
    SocietyOne Unsecured Personal Loan

    You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
    A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

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