Plenti Loans

With over $800 million in loans funded since its launch in Australia in 2014, Plenti has become one of the country's leading providers of consumer loans.

Find out more about the kind of loans that Plenti offers and compare them below.

Plenti Fixed Rate Personal Loan

Plenti Fixed Rate Personal Loan

From

5.99 % p.a.

fixed rate

From

6.27 % p.a.

comparison rate

• Get a personalised comparison rate based on your credit score

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Plenti Fixed Rate Personal Loan

Plenti offers this unsecured personal loan with a fixed or variable rate. Receive a tailored interest rate from 5.99% p.a. based on your risk profile.

• Interest rate from: 5.99% p.a.
• Comparison rate: 6.27% p.a.
• Interest rate type: Fixed
• Application fee: From $99 to $499
• Minimum loan amount: $2,001
• Maximum loan amount: $50,000

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• Plenti Personal Loans
• Plenti Car Loans

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Loan amount

$

Loan term

1 year 2 years 3 years 4 years 5 years 6 years 7 years

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Name	Product	Interest Rate (p.a.)	Comparison Rate (p.a.)	Min Loan Amount	Loan Term	Application Fee	Monthly Service Fee	Monthly Repayment
Plenti Fixed Rate Personal Loan		From 5.99% (fixed)	6.27%	$2,001	3 to 5 years	From $99 to $499	$0		You'll receive a fixed rate between 5.99% p.a. and 15.89% 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.	Go to site More Info	Compare	loading Fetching your data...
Plenti Variable Rate Personal Loan		From 5.59% (variable)	6.25%	$2,001	1 to 3 years	From $99 to $499	$0		You'll receive a variable rate from 5.59% p.a and 12.89% 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.	Go to site More Info	Compare	loading Fetching your data...
Plenti Green Loan		From 6.32% (fixed)	7.90%	$2,001	3 to 7 years	starts from $300	$4		You'll receive an interest rate between 6.32% p.a. and 6.44% p.a. based on your risk profile A loan up to $45,000 to help you purchase a range of environmentally friendly products. Receive a rate estimate before you apply.	More Info	Compare	loading Fetching your data...

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Data indicated here is updated regularly

We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.

Learn how we maintain accuracy on our site.

Close

Loan amount

$

Loan term

1 year 2 years 3 years 4 years 5 years 6 years 7 years

Calculate

Sort by:

Name	Product	Interest Rate (p.a.)	Comparison Rate (p.a.)	Min Loan Amount	Loan Term	Application Fee	Monthly Service Fee	Monthly Repayment
Plenti Car Loan		From 4.89% (fixed)	5.44%	$2,000	3 to 7 years	from $249 to $799	$0		You'll receive a fixed rate from 4.89% p.a. Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.	Go to site More Info	Compare	loading Fetching your data...

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Main points to consider with a consumer loan from Plenti

Plenti's consumer loans are funded by either a single investor or by multiple investors, rather than a bank. Plenti offers competitive risk-based rates on its loans. Rates are determined by factors such as how much you'd like to borrow, the loan term and your financial situation. If you're looking to take out a personal loan and want a competitive rate, you may want to consider consumer lender Plenti.

There are a few different loan options available from Plenti, including personal loans and car loans. There are also green loans to help you make environmentally friendly purchases.

How does borrowing from Plenti work?

Plenti acts as an intermediary between you as a borrower and the person or group of people funding your loan. To be approved, you just need to meet the eligibility criteria set by Plenti. The interest rate depends on the information provided in your application, so you won't receive your rate until you're approved. However, you can get a rate estimate before you apply, which won't affect your credit score.

Once you have been approved for a loan, you can expect the funds in as little as one business day.

Features and costs of products offered by Plenti

Plenti offers a range of financing options, depending on what you need a loan for. Each product is outlined below, along with its corresponding features.

Personal loans:

Features

The following features are associated with a Plenti personal loan:

• Rate estimate. You can secure a rate estimate before you submit a full application without affecting your credit score.
• Unsecured and secured options. Depending on your circumstances and preferences, you can opt for either a secured or an unsecured personal loan.
• Interest rate type. Fixed or variable.
• Loan term. Terms extend up to 5 years, depending on your loan type. Fixed rate personal loans have terms from 3 to 5 years, whereas variable rate personal loans have terms from 1 to 3 years.
• Range of loan purposes. Use your funds for almost any legitimate purpose, including weddings, holidays, home renovations and more.
• Loan amount. Borrow from $2,001 to $50,000.
• Fast turnaround. Rate estimates can be given in minutes. You'll find out if you're approved one business day after submitting a full application, and you can expect funds in your account one business day after accepting the loan contract.
• Flexible repayments. There are no fees for early repayment or to make extra repayments. You can also increase your ongoing monthly repayments at any time.
• Online account management. To manage your account, you can simply log in to your Plenti account online.

Costs

While fees and charges will vary depending on the loan type, the loan term and your personal circumstances, costs associated with a Plenti personal loan typically include the following:

• Interest rate. From 5.99% p.a.
• Comparison rate. From 6.27% p.a.
• Application fee. From $99 to $499 for both fixed and variable rate loans.

Car loans:

Features

The following features are associated with a Plenti car loan:

• Rate estimate. You can secure a rate estimate before you submit a full application without it affecting your credit score. This process will also show you all the fees and charges you will need to pay so that you're aware of everything before committing to the loan.
• Transparent fee structure. Once you apply for your desired loan amount and loan term, a calculator will show you what fees and charges will be applied to your loan in a pie chart.
• Quick approval process. Once you've filled out your loan application, you will know whether you've been approved within the next 48 hours. Once your loan has been approved, the funds will be in your account the next business day.
• Unsecured and secured options. When you apply, you'll have the option to secure your loan with the vehicle, which can reduce your repayments.
• Loan term. This loan has the option of a 3 years, 5 years or 7 years loan term.
• Monthly repayment structure. With a monthly repayment structure, you can easily figure out how much you need to set aside to pay off your loan.
• Pre-approval. If you've decided you need a car loan but you haven't found a car, Plenti will approve you a month in advance so that you can find the car you want.
• Loan amount. Borrow from $2,000 to $100,000.
• Interest rate type. All car loan rates are fixed, so your repayments will not change over the life of the loan.
• Additional repayment penalty-free. You can make additional repayments on this loan free of charge.
• Business car finance. Businesses cannot secure car finance with Plenti. However, individuals can acquire a small business vehicle, e.g. Uber drivers.

Costs

While fees and charges will vary depending on the loan type, the loan term and your personal circumstances, costs associated with a Plenti car loan could include the following:

• Interest rate. From 4.89% p.a.
• Credit assistance fee. A fee from $249 to $799 is charged at loan set-up.
• Late repayment fee. This is charged if you're unable to make a payment on time.
• Monthly fees. A $0 account management fee is charged monthly.

Green loans:

If you want finance to make an environmentally friendly purchase, such as solar panels, you can consider a green loan from Plenti.

Features

The following features are associated with a Plenti green loan:

• Rate estimate. You can secure a rate estimate before you submit a full application without it affecting your credit score.
• Competitive rate. A green loan from Plenti has a lower interest rate than traditional personal loans or credit card.
• Energy-efficient loan uses. Green loans can only be used for energy-efficient products and installations. These include solar panels or home batteries, solar pool-heating units, energy-efficient lighting, energy-efficient air conditioning units, hybrid low emission cars, air source heat pumps, power factor correction, and variable speed and frequency drives.
• Quick approval process. Once you've filled out your loan application, you will know whether you've been approved within the next 48 hours. Once your loan has been approved, the funds will be in your account the next business day.
• Unsecured. This personal loan requires no asset security.
• Loan term. This loan has a 3 to 7 years loan term.
• Flexible repayments. Plenti won't charge you if you choose to repay your loan early.
• Loan amount. Borrow from $2,001 to $45,000.
• Additional repayment penalty-free. You can make additional repayments on this loan free of charge.

Costs

Fees and charges will vary depending on the loan amount, the loan term and your personal circumstances. However, you might expect to pay:

• Interest rate. From 6.32% p.a.
• Comparison rate. From 7.90% p.a.
• Establishment fee. This is a one-off fee at loan set-up.
• Late repayment fee. If you're unable to make a payment on time, you may be charged a fee.
• Monthly fees. Monthly fees start from $4.

How to apply

If you're ready to apply for a Plenti loan, click "Go to site" and submit an application. You'll need to meet the following eligibility criteria before you apply:

• Aged 21 or over
• Have a regular source of income that you can demonstrate
• An Australian citizen or permanent resident
• Have a good credit history
• Have your personal, financial and employment details on hand

Frequently asked questions

These are the most common questions we're asked about Plenti's loans.