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DirectMoney Personal Loans

Take advantage of a tailored interest rate and loan amounts up to $35,000 from DirectMoney.

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If you’re looking to consolidate your debt, finance a wedding, holiday or even car purchase, DirectMoney can offer you an unsecured personal loan of between $5,000 and $35,000. Its rates are offered on a tiered structure, where the better your credit history the better your rate. Comparison rates start at 9.36% p.a. Find out everything DirectMoney has to offer below.

Compare DirectMoney Personal loans

Updated April 2nd, 2020
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
DirectMoney Unsecured Personal Loan
From 8.5% (fixed)
3 to 5 years
This unsecured loan features tiers of interest rates from 8.5% p.a. to 19.95% p.a. based on your credit history.

Compare up to 4 providers

DirectMoney offers one basic type of loan, but as an unsecured personal loan, this can be used for a variety of purposes.

  • Debt consolidation. You can use your personal loan to consolidate existing debts from one or more loans and credit accounts.
  • Car loan. Looking to purchase a new or used vehicle? With loan amounts of up to $35,000 available, you can use a DirectMoney loan to finance your purchase.
  • Wedding loan. Unexpected expenses can crop up before your wedding. DirectMoney can have a loan amount transferred to you on the same day you apply, helping you to cover wedding expenses when they come up.
  • Holiday loan. You can also take out a personal loan to help fund a holiday. Pay for some or all of your trip using a loan from DirectMoney.

Features and benefits of a DirectMoney personal loan

DirectMoney offers an innovative lending platform for you to secure a personal loan. When you take out a loan with them you’ll be able to enjoy the following features:

  • Loan amount. Borrow between $5,000 and $35,000.
  • Loan term. You can take out a loan for a period of either 3 years or 5 years.
  • Paying back your loan. Set up a direct debit to cover your monthly repayments. Your also able to pay off your loan early with no early repayment fee.
  • Fees. You’ll have to pay an establishment fee of $595, but there are no ongoing account-keeping fees or early repayment fees. Keep in mind late payment fees apply.

How to apply for a personal loan from DirectMoney

Applying for a personal loan from DirectMoney is simple. Just click ‘Go to Site’ on this page to fill out an online application form, which shouldn’t take longer than ten minutes. You’ll need to undergo an online credit check, have the last three months of your bank statements analysed, and have your identity verified. You’ll also need to:

  • Be aged 18 years or older
  • Be employed and earn a gross income of $30,000 p.a.
  • Be a permanent Australian resident or citizen
  • Have had a clean credit file for the past seven years

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 28.69% 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 NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.66% p.a. to 19.59% 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. (13.34% p.a. comparison rate) or less. See Comparison rate warning in (i) above. Application fee of $150 waived off.

Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 7.5% 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.

Logo for Pepper Money Unsecured Fixed Rate Personal Loan
Pepper Money Unsecured Fixed Rate Personal Loan

You'll receive a fixed rate between 7.95% p.a. and 16.95% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Make additional repayments or pay off the loan early, penalty-free.

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6 Responses

  1. Default Gravatar
    phyllisFebruary 2, 2017

    Is Direct Money affiliated to a bank?

    • Avatarfinder Customer Care
      DeeFebruary 2, 2017Staff

      Hi Phyllis,

      Thanks for your question.

      DirectMoney is a registered managed investment scheme, not a lender and not affiliated with any bank. It brings together borrowers and lenders through web-based technology.


  2. Default Gravatar
    imoMarch 12, 2016

    where can i find your branch here in nigeria

    • Avatarfinder Customer Care
      ElizabethMarch 14, 2016Staff

      Hi Imo,

      Unfortunately DirectMoney is an Australian lender and doesn’t have any branch locations in Nigeria. As we are an Australian financial comparison service none of the lenders on this website will be able to consider you for a loan unless you reside in Australia – you may need to contact a lender in Nigeria to find a loan.

      Sorry we couldn’t be of more assistance.



  3. Default Gravatar
    GregJanuary 5, 2016

    I see you have to be in full time employment,what about self employed?

    • Avatarfinder Customer Care
      ElizabethJanuary 5, 2016Staff

      Hi Greg,

      The minimum criteria for Direct Money are that you are employed and earning at least $30,000 p.a. If you meet these criteria you are able to apply. However, if you have specific questions regarding your eligibility it would be best to contact Direct Money directly.



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