Choose the version of this loan that suits you best
| Loan type | Name | Min loan amount | Max loan amount | |
|---|---|---|---|---|
|
|
Fixed | Secured Personal Loan (Tier 1 Credit, Fixed, 5 Year Term) | $5,000 | $70,000 |
|
|
Fixed | Secured Personal Loan (Tier 2 Credit, Fixed, 5 Year Term) | $5,000 | $70,000 |
|
|
Fixed | Secured Personal Loan (Tier 3 Credit, Fixed, 5 Year Term) | $5,000 | $70,000 |
|
|
Fixed | Secured Personal Loan (Tier 1 Credit, Fixed) | $5,000 | $70,000 |
|
|
Fixed | Secured Personal Loan (Tier 2 Credit, Fixed) | $5,000 | $70,000 |
|
|
Fixed | Secured Personal Loan (Tier 3 Credit, Fixed) | $5,000 | $70,000 |
|
|
Fixed | Secured Personal Loan (Tier 4 Credit, Fixed) | $5,000 | $70,000 |
|
|
Fixed | Secured Personal Loan (Tier 4 Credit, Fixed, 5 Year Term) | $5,000 | $70,000 |
Offering fixed rates starting from a low 8.20% p.a. (8.54% p.a. comparison rate*) for 2, 3, 5-year loans with no ongoing fees, SocietyOne’s Secured Personal Loan is an enticing offer. What makes SocietyOne stand out is that it’s a peer to peer lender, removing the banks from the personal loans equation and connecting everyday borrowers directly with wholesale investors.
SocietyOne’s Secured Personal Loan is available for personal loans from $5,000-$70,000 over terms from 2 to 7 years.
This online-only lender offers the flexibility to make repayments fortnightly or monthly, as well as the ability to make free extra repayments, so you can pay your loan off as quickly as you’d like with no hefty additional charge. However, it’s important to keep in mind that you won’t be able to dip- back into those extra funds, as there’s no redraw facility.
With this SocietyOne loan, if you are taking out a loan over 2, 3 or 5 years, then rates start from a low 8.20% p.a. (8.54 p.a. comparison rate*).
SocietyOne offers personalised rates that reward customers with a good credit history. So depending on the customer, interest rates can range from the lowest rate of 8.20% p.a. up to 24.89% p.a. (8.27% p.a. to 25.05% p.a. comparison rates*).
While there is an establishment fee between $50 and $495, depending on your credit score, you won't need to pay this upfront. It's completely waived for customers in the top tier of SocietyOne's "Excellent" credit rating. The fee is added to your principal amount, so you pay it as part of your monthly repayments. Keep in mind, if you get behind on repayments, you'll be charged an additional $35 late payment fee.
Whether it's for a new set of wheels or some home improvements, SocietyOne's Secured Personal Loan could be a great choice for borrowers with a good credit history looking for a personal loan with no upfront or ongoing fees and a competitive interest rate.
This loan is a secured option, meaning you’ll have to put up an asset against the loan as security.
Also, this loan offers tiered interest rates based on a range of different factors such as your credit score. This means that the interest rate you get could be higher or lower depending on the type of borrower you are.
• For 2-3 year loan terms rates range from 8.20% p.a. (8.54% p.a. comparison rate*) to 21.89% p.a. (25.64% p.a. comparison rate*)
• For 5-year loan terms rates range from 8.20% p.a. (8.27% p.a. comparison rate*) to 24.89% p.a. (25.05% p.a. comparison rate*)
|
Fixed |
|
|
8.20% p.a.to 14.49% p.a. fixed |
|
|
8.98% p.a.to 15.32% p.a.based on $30,000 |
|
$545.00 |
|
|
$0.00 |
|
|
$35.00 |
|
|
$0.00 |
|
|
0.0 |
|
$5,000.00 |
|
|
$70,000.00 |
|
|
2 Years |
|
|
5 Years |
|
|
Vehicle |
|
- |
|
|
Fortnightly, Monthly |
|
|
yes |
|
|
no |
|
|
Minimum security value is $5,000 and is dependent on loan size.Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 1 credit graded borrower. Minimum employment income of $30,000 p.a. |
|
|
Upfront fee of $50 - $545 for applicants depending on credit scores. |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
|
Fixed |
|
|
15.84% p.a.to 16.19% p.a. fixed |
|
|
16.84% p.a.to 17.19% p.a.based on $30,000 |
|
$645.00 |
|
|
$0.00 |
|
|
$35.00 |
|
|
$0.00 |
|
|
0.0 |
|
$5,000.00 |
|
|
$70,000.00 |
|
|
2 Years |
|
|
5 Years |
|
|
Vehicle |
|
- |
|
|
Fortnightly, Monthly |
|
|
yes |
|
|
no |
|
|
Minimum security value is $5,000 and is dependent on loan size.Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 2 credit graded borrower. Minimum employment income of $30,000 p.a. |
|
|
none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
|
Fixed |
|
|
18.29% p.a.to 19.99% p.a. fixed |
|
|
19.07% p.a.to 20.79% p.a.based on $30,000 |
|
$495.00 |
|
|
$0.00 |
|
|
$35.00 |
|
|
$0.00 |
|
|
0.0 |
|
$5,000.00 |
|
|
$70,000.00 |
|
|
2 Years |
|
|
5 Years |
|
|
Vehicle |
|
- |
|
|
Fortnightly, Monthly |
|
|
yes |
|
|
no |
|
|
Minimum security value is $5,000 and is dependent on loan size.Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 3 credit graded borrower. Minimum employment income of $30,000 p.a. |
|
|
none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
|
Fixed |
|
|
8.20% p.a.to 12.99% p.a. fixed |
|
|
8.98% p.a.to 13.81% p.a.based on $30,000 |
|
$545.00 |
|
|
$0.00 |
|
|
$35.00 |
|
|
$0.00 |
|
|
0.0 |
|
$5,000.00 |
|
|
$70,000.00 |
|
|
2 Years |
|
|
5 Years |
|
|
Vehicle |
|
- |
|
|
Fortnightly, Monthly |
|
|
yes |
|
|
no |
|
|
Minimum security value is $5,000 and is dependent on loan size.Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 1 credit graded borrower. Minimum employment income of $30,000 p.a. |
|
|
Upfront fee of $50 - $545 for applicants depending on credit scores. |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
|
Fixed |
|
|
14.14% p.a.to 14.49% p.a. fixed |
|
|
15.12% p.a.to 15.47% p.a.based on $30,000 |
|
$645.00 |
|
|
$0.00 |
|
|
$35.00 |
|
|
$0.00 |
|
|
0.0 |
|
$5,000.00 |
|
|
$70,000.00 |
|
|
2 Years |
|
|
5 Years |
|
|
Vehicle |
|
- |
|
|
Fortnightly, Monthly |
|
|
yes |
|
|
no |
|
|
Minimum security value is $5,000 and is dependent on loan size.Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 2 credit graded borrower. Minimum employment income of $30,000 p.a. |
|
|
none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
|
Fixed |
|
|
16.29% p.a.to 17.99% p.a. fixed |
|
|
17.06% p.a.to 18.77% p.a.based on $30,000 |
|
$495.00 |
|
|
$0.00 |
|
|
$35.00 |
|
|
$0.00 |
|
|
0.0 |
|
$5,000.00 |
|
|
$70,000.00 |
|
|
2 Years |
|
|
5 Years |
|
|
Vehicle |
|
- |
|
|
Fortnightly, Monthly |
|
|
yes |
|
|
no |
|
|
Minimum security value is $5,000 and is dependent on loan size.Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 3 credit graded borrower. Minimum employment income of $30,000 p.a. |
|
|
none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
|
Fixed |
|
|
19.39% p.a.to 20.99% p.a. fixed |
|
|
20.42% p.a.to 22.04% p.a.based on $30,000 |
|
$645.00 |
|
|
$0.00 |
|
|
$35.00 |
|
|
$0.00 |
|
|
0.0 |
|
$5,000.00 |
|
|
$70,000.00 |
|
|
2 Years |
|
|
5 Years |
|
|
Vehicle |
|
- |
|
|
Fortnightly, Monthly |
|
|
yes |
|
|
no |
|
|
Minimum security value is $5,000 and is dependent on loan size. Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 4 credit graded borrower. Minimum employment income of $30,000 p.a. |
|
|
none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
|
Fixed |
|
|
22.39% p.a.to 24.89% p.a. fixed |
|
|
23.46% p.a.to 25.98% p.a.based on $30,000 |
|
$645.00 |
|
|
$0.00 |
|
|
$35.00 |
|
|
$0.00 |
|
|
0.0 |
|
$5,000.00 |
|
|
$70,000.00 |
|
|
2 Years |
|
|
5 Years |
|
|
Vehicle |
|
- |
|
|
Fortnightly, Monthly |
|
|
yes |
|
|
no |
|
|
Minimum security value is $5,000 and is dependent on loan size. Interest rate and establishment fee vary according to Equifax credit score. Rates and fees shown are for a Tier 4 credit graded borrower. Minimum employment income of $30,000 p.a. |
|
|
none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Society One came to my rescue when my home renovations went over budget. They were helpful and friendly from day one and have co to yes to be so thought the term of my 5 year loan. The entire application process was easy to complete and each fortnight I receive a friendly reminder text msg to ensure I have the money in me designated account ready for my repayment which I like because life is so busy it’s nice to know they have my back. Great product great people. Thank you
Read full reviewSociety One came to my rescue when my home renovations went over budget. They were helpful and friendly from day one and have co to yes to be so thought the term of my 5 year loan. The entire application process was easy to complete and each fortnight I receive a friendly reminder text msg to ensure I have the money in me designated account ready for my repayment which I like because life is so busy it’s nice to know they have my back. Great product great people. Thank you
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
5.76% p.a.to 24.03% p.a.
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Low Rate Personal Loan
6.57% p.a.to 8.48% p.a.
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Express Personal Loan
14.95% p.a.to 27.95% p.a.
29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years
Debt Consolidation
6.57% p.a.to 18.99% p.a.
7.19% p.a.to 19.39% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Express Personal Loan
14.95% p.a.to 27.95% p.a.
29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years
Clean Green Car Loan
7.69% p.a.
8.80% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Low Rate Personal Loan
6.57% p.a.to 8.48% p.a.
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
5.76% p.a.to 24.03% p.a.
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Express Personal Loan
14.95% p.a.to 27.95% p.a.
29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years
Low Rate Personal Loan
9.14% p.a.to 11.19% p.a.
9.50% p.a.to 11.56% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
5.76% p.a.to 24.03% p.a.
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Low Rate Personal Loan
6.57% p.a.to 8.48% p.a.
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Clean Green Car Loan
7.69% p.a.
8.80% p.a.
$8.00