Looking for a personal loan with a tailored rate? Find out which P2P lender will work best for you.
SocietyOne and Harmoney both offer a raft of benefits for those considering a personal loan. However, as there are some key differences between these two peer-to-peer (P2P) lenders, it's important to compare them both before you apply. On this page, we've laid out the main fees, features and rates side-by-side to help you make a more informed decision before you apply for a personal loan.
| SocietyOne | Harmoney | |
|---|---|---|
| Interest rate | From 7.5% p.a. | From 6.99% p.a. |
| Interest rate type | Fixed | Fixed |
| Secured or unsecured | Unsecured | Unsecured |
| Loan amounts | $5,000 to $50,000 | $5,000 to $70,000 |
| Loan terms | 2-5 years or 5 years | 3 years to 5 years |
| Early repayment without penalty? |  |
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| Eligibility |
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| More | Find out more | Find out more |
Verdict
Both SocietyOne and Harmoney offer similar rates and offer unsecured, fixed rate loans. The key differences lie in how much you are able to borrow and the repayment terms. Also, Harmoney accepts applications from people over the age of 18 instead of 21 like SocietyOne.
Remember to consider all of the features of these loans before you submit your application.
