Looking for a personal loan? Check out what OurMoneyMarket has to offer...
OurMoneyMarket currently offers unsecured personal loans with a fixed rate where you can borrow between $2,001 and $75,000 over a loan term of 1 to 7 years. The loans can be used for any legitimate purpose, including purchasing a car, or to fund home improvements, a wedding, holiday, an unexpected medical bill, education expenses and debt consolidation.
The interest rate you receive will depend on your credit history and financial circumstances, so if you’re a trustworthy borrower you’ll get to enjoy some competitive rates.
OurMoneyMarket’s fixed interest rates start from 6.75% p.a. (comparison rate: 6.96% p.a).
OurMoneyMarket charges a once off establishment fee which is between 1.5% - 6% of the loan amount. The amount of the establishment fee is determined on a loan to loan basis. This fee gets added onto your loan amount, which means it’s included in your scheduled loan repayments and the comparison rate.
There are no monthly fees, early exit fees or prepayment fees.
To applying for a personal loan with OurMoneyMarket, you need to satisfy the eligibility criteria:
If you’ve met the criteria, you can begin your application. You can then request a free quote online which will tell you what interest rate you’ll likely be charged - doing this will not impact your credit score.
Then just fill out a quick 5 minute form online. You will need to provide 3 months worth of bank statements.
Once you’ve applied, your application will be assessed and you’ll know the outcome in as little as 1 minute.
If you’re successful and your loan has been 100% funded, you will receive a loan offer and your funds will arrive in your account within one to three business days.
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