OurMoneyMarket Unsecured Low-Rate Personal Loan ($20,000-$100,000)
- Interest Rate (p.a.)
- 5.95% to 18.99%
- Comparison rate (p.a.)
- 5.95% to 21.78%
- Min Loan Amount
- $20,000
Summary
Access a competitive interest rate from one of the top 5% of loans in our database.With a Finder Score of 9.6, this loan ranks in the top 5% of unsecured personal loans in our database. Its competitive minimum interest rate also places it in the top 5% of lower rates on Finder.
Borrowers can also benefit from no application or ongoing fees and a high maximum loan amount of $100,000, making it a feature-rich option for those looking to borrow a larger amount.
Finder exclusive:
Receive a $100 eGift Card if you have Excellent Credit (as determined by OMM’s credit assessment and scorecard), apply via Finder by 31 October 2026, and settle by 15 November 2026. For loans between $20,000 and $100,000 only.
T&Cs apply.
Pros
-
Competitive interest rates
-
No ongoing fees
-
No penalties for additional payments
Cons
-
Late payment fee of $35
-
Direct debit dishonour fee of $25
Details
Product details
| Product Name | OurMoneyMarket Unsecured Low-Rate Personal Loan ($20,000-$100,000) |
| Interest Rate (p.a.) | 5.95% to 18.99% |
| Comparison rate (p.a.) | 5.95% to 21.78% |
| Interest Rate Type | Fixed |
| Min Loan Amount | $20,000 |
| Max. Loan Amount | $100,000 |
| Loan Security | Unsecured |
How does OurMoneyMarket Unsecured Low-Rate Personal Loan ($20,000-$100,000) compare?
- Excellent Finder Score. Ranks in the top 5% of unsecured personal loans in our database based on its Finder Score.
- Competitive interest rate. The minimum interest rate is in the top 5% of lower rates for unsecured personal loans on Finder.
- High borrowing limit. The maximum loan amount of $100,000 is higher than many other personal loans.
How does the OurMoneyMarket Unsecured Low-Rate Personal Loan work?
An OurMoneyMarket Unsecured Low-Rate Personal Loan lets you access between $20,000 and $100,000 for any worthwhile purpose, such as home improvements, debt consolidation, holidays, medical costs, a wedding, or other legitimate personal expenses. Rates start at just 5.95% p.a. (comparison rate 5.95% 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 7 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 (Centrelink can be used as a secondary income)
- Not be in financial hardship with another lender
- Not be a current or prior bankrupt or party to a court judgement
- Not have any active payday loans
How to apply
Apply for the OurMoneyMarket Unsecured Low-Rate Personal Loan online by filling out the application form. It's useful to have the following documents on hand:- Personal identification - such as a drivers license
- Bank details, including 3 months of bank statements
- Details regarding any other debt you may have
Features of this loan
- Secured or unsecured. Either option will be offered based on your credit assessment. This review references the unsecured loan. You can get details of the secured loan in our review.
- 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.
- $0 ongoing fees. You won't pay any annual or monthly fees.
- Establishment fee. There's an establishment fee of 0% to 6%, depending on your credit profile .
- 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 Unsecured Low-Rate Personal Loan cost?
You will pay these fees
| Cost | Amount |
|---|---|
| Interest rate | Fixed from 5.95% p.a. to 18.99% p.a. |
| Comparison rate | Fixed from 5.95% p.a. to 21.78% p.a. |
| Establishment fee | $0 |
| Ongoing fees | $0 |
You might pay these fees
| Cost | Amount |
|---|---|
| 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 |
*Borrow from $20,000 to $100,000 with 1 to 7 years loan terms available. This loan comes with no fees for extra repayments and no early exit fees. Offer may be varied or withdrawn at any time. Lending and eligibility criteria and T&Cs apply.
Compare other products from OurMoneyMarket
Sources
Your reviews
No reviews yet.
Write a review
More resources on Finder
Loan types
Lenders
I want