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SocietyOne vs Harmoney

Looking for a personal loan with a tailored rate? Find out which P2P lender will work best for you.

Elizabeth Barry
Elizabeth Barry

Updated

Fact checked
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.
SocietyOneHarmoney
Interest rateFrom 6.99% p.a.From 6.99% p.a.
Interest rate typeFixedFixed
Secured or unsecuredUnsecuredUnsecured
Loan amounts$5,000 to $50,000$2,000 to $50,000
Loan terms2 to 3 years3 to 5 years
Early repayment without penalty?yesyes
Eligibility
  • Aged over 21
  • Australian permanent resident or citizen or New Zealand citizen
  • Earn more than $30,000 p.a.
  • Have 2 years of good credit
  • Have no bankruptcies
  • Are not in hardship with another provider
  • Aged over 18
  • Australian citizen or permanent resident OR
  • New Zealand citizen with an Australian driver's licence, Australian passport or New Zealand passport, a current Australian address and an Australian bank account
  • Acceptable credit record
MoreFind out moreFind out more

  • Verdict

Both SocietyOne and Harmoney offer similar rates and offer unsecured, fixed rate personal 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.

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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 25.69% 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.

More info
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. ( 10.88% p.a. to 19.83% 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. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.

More info
Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 6.99% 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.

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

You'll receive a fixed rate between 6.95% p.a. and 17.95% 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.

More info

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