In this guide

  • Review
  • Details
    • Product details
  • How does the OurMoneyMarket green personal loan work?
  • Eligibility criteria
  • How to apply
  • Features of this loan
  • How much does the OurMoneyMarket green personal loan cost?
  • Your reviews
Finder makes money from featured partners, but editorial opinions are our own.

OurMoneyMarket Green Personal Loan review

  • Avatar
OurMoneyMarket Green Loan
Go to site
Interest Rate (p.a.)
6.57% to 18.99%
Comp. Rate (p.a.)
7.19% to 21.78%
Min Loan Amount
$2,001

Summary

Get an unsecured green personal loan and borrow up to $75,000.

3 things to consider about this loan:

  • Personalised rate. Your interest rate will be based on your credit score and financial situation.
  • Fixed rates. Your rate will be fixed for the duration of the loan.
  • Early repayment. You can pay off the loan early without paying any fees.

Pros

  • Competitive interest rates
  • No ongoing fee

Cons

  • There is an establishment fee

In this guide

  • Review
  • Details
    • Product details
  • How does the OurMoneyMarket green personal loan work?
  • Eligibility criteria
  • How to apply
  • Features of this loan
  • How much does the OurMoneyMarket green personal loan cost?
  • Your reviews

Details

Product details

Product Name OurMoneyMarket Green Loan
Interest Rate (p.a.) 6.57% to 18.99%
Comp. Rate (p.a.) 7.19% to 21.78%
Interest Rate Type Fixed
Min Loan Amount $2,001
Max. Loan Amount $75,000
Loan Security Unsecured

How does the OurMoneyMarket green personal loan work?

An OurMoneyMarket green personal loan lets you borrow between $2,001 and $75,000. Rates start at just 6.57% p.a. (comparison rate 7.19% p.a.). Borrowers receive personalised interest rates based on their credit score and financial circumstances.

These loans have no monthly, early repayment or exit fees. Interest rates are fixed and won't change during the life of the loan. You can get a loan term of between 1 and 10 years.

Eligibility criteria

To be eligible for this loan, you must:

  • Be at least 18 years or older
  • Be an Australian citizen or permanent resident
  • Be actively employed or receiving a pension
  • Be receiving a regular income
  • Not be in financial hardship with another lender
  • Not be a current or prior bankrupt or party to a court judgement

How to apply

Apply for the OurMoneyMarket green personal loan online by filling out the application form. It's useful to have the following documents on hand:

  • Personal identification - such as a driver's license.
  • Bank details, including 3 months of bank statements.
  • Details regarding any other debt you may have.
Go to site

Features of this loan

  • Secured or unsecured. Either option will be offered based on your credit assessment.
  • Personalised rates. You will receive a competitive interest rate based on your credit history. The better your credit history, the lower the rate you're likely to receive.
  • Quick online application. You can apply online and be approved for a loan within minutes.
  • No ongoing fees. You will pay an establishment fee but no ongoing fees.
  • Flexible payment schedule. You can make repayments on a weekly, fortnightly or monthly basis.
  • No exit or early repayment fees. You can pay this loan off early without penalty.

How much does the OurMoneyMarket green personal loan cost?

You will pay these fees

CostAmount
Interest rateFixed from 6.57% p.a. to 18.99% p.a.
Comparison rateFixed from 7.19% p.a. to 21.78% p.a.
Establishment fee1.50% - 6% of loan amount. Minimum fee $250.
Ongoing fees$0

You might pay these fees

CostAmount
Loan variation fee$35
Document production fee$25
Loan cancelation fee$150
Late/overdue fees$35 per payment
Direct debit dishonour fee$25 per dishonour

Your reviews

No reviews yet. Write a review
Go to site