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.

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.)


Comparison Rate (p.a.)


Min Loan Amount


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

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% 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 year 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.

Personal Loan Offers

Important Information*
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Citi Personal Loan Plus

You'll receive a variable rate between 8.99% p.a. and 17.99% p.a. (9.67% p.a. to 18.6% p.a. comparison rate) based on your risk profile
A credit limit up to $75,000 that you can continue to draw down over terms up to 5 years. Note: The establishment fee will be waived if you apply before 30 September 2019.

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ING Personal Loan

You'll receive a fixed rate of 8.99% p.a.
Benefit from no ongoing fees, no early repayment fees and flexible loan terms on amounts up to $30,000.

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RateSetter Unsecured Personal Loan - 3yr Variable

You'll receive a variable rate between p.a. and 16.40 p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 6 months. Interest and comparison rates calculated for a loan term of 3 years.

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Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 28.69% p.a. based on your risk profile.
Apply for a loan up to $70,000 and repay your loan over 3 or 5 years terms.

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