Key points
  • Plenti offers secured and unsecured personal loans from $5,000 to $100,000, with flexible terms up to seven years and fully digital applications.
  • Interest rates are personalised using risk‑based pricing, meaning borrowers with stronger credit and stable finances may access lower rates.
  • Plenti charges no monthly or early‑repayment fees, though borrowers should be aware of the one‑off Credit Assistance Fee, which varies by loan type and risk profile.

Plenti is a digital-only provider of personal and car loans for a multitude of uses, offering rates lower than many others available on the market.

Founded in 2014, Plenti is listed on the ASX. Beyond the stock market, investors can also access the Plenti Lending Platform, which provides exposure to the consumer credit market.

What to know about Plenti personal & car loans

Plenti may lend between $5,000 and $100,000 with loan terms from one to seven years. It offers both secured and unsecured loans, with the former designed for car purchases:

  • Secured loan
    Borrow between $10,000 and $100,000 over three to seven years with a fixed rate and use the car purchased with the loan as security, meaning the lender can repossess the vehicle in the event the borrower can't meet their repayments.
  • Unsecured loan
    Borrow between $5,000 and $65,000 over one to seven years with a fixed or variable rate, without putting an asset up as security.

Plenti personal loans can be used to fund a number of expenses, including:

  • Renovations
  • Solar panels and batteries
  • Debt consolidation
  • Holidays
  • Weddings
  • Boat and caravan purchases
  • Legal fees
  • Moving expenses

Plenti personal loan interest rates

Plenti offers tailored rates based on a customer’s credit score. This is known as risk-based pricing - the rate offered to a particular borrower is based on their credit history, income, expenses, and other factors.

Check out some of Plenti’s personal loan options:

Update resultsUpdate
Filters
LenderCar LoanInterest Rate Comparison Rate* Monthly Repayment Interest Type Secured Type Early Exit Fee Ongoing Fee Upfront Fee Total Repayment Early Repayment Instant Approval Online Application TagsFeaturesLinkComparePromoted ProductDisclosure
7.49% p.a.
9.22% p.a.
$622
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,393
7.49% p.a.
9.22% p.a.
$622
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,393
7.49% p.a.
9.22% p.a.
$622
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,393
7.49% p.a.
9.22% p.a.
$622
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,393
7.49% p.a.
9.22% p.a.
$622
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,393
8.19% p.a.
8.82% p.a.
$628
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,625
8.19% p.a.
8.82% p.a.
$628
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,625
8.19% p.a.
8.82% p.a.
$628
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,625
8.19% p.a.
8.82% p.a.
$628
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,625
8.19% p.a.
8.82% p.a.
$628
Fixed
Secured
$0
$$formattedOngoingFees.format("%,d",$!{product.ongoingFees})
$249
$22,625
Important Information and Comparison Rate Warning
Important Information and Comparison Rate Warning

Plenti personal loan fees

Plenti charges fewer fees than many personal loan providers. It has no monthly fees, no additional repayment fees, and no early‑repayment fees.

However, it does charge a Credit Assistance Fee - a one‑off loan establishment fee.
This ranges from:

  • $0 to $599 on unsecured loans
  • $299 to $849 on car loans

How to apply for a Plenti personal loan

The application process is quick and completely digital. Customers can get an interest rate estimate in one minute by answering 10 questions without needing to apply, which could otherwise affect their credit score.  This can give potential customers an idea of how much they could be charged if they do apply. The application itself takes around 10 minutes, with settlement typically occurring within 24 hours, and funds are generally transferred within two days once approved.

Applicants will need to meet Plenti’s eligibility criteria to apply for a personal loan, which includes:

  • Being at least 18 years old

  • Being an Australian citizen or permanent resident

  • Earning at least $25,000 per year from a regular source of income

  • Have a good credit history

    You will also need to supply the following documents along with your application:

    • Proof of identification: Drivers license or passport and proof of address

    • Verification of income: Payslips, bank statements, tax returns

    • Expenses and liabilities: Bank, credit card, and existing loan statements

    Investing in personal loans with Plenti

    Plenti allows everyday Aussies to invest in consumer credit, with investments expected to yield returns on interest charged on loans funded using their invested capital.

    Investing through Plenti has some perks, such as the option to automatically reinvest principal and interest in a bid to realise compounding interest.

    The lender also offers its Provision Fund - a fund held by a separate trustee designed to repay investors if a borrower defaults on their loan. It's funded by borrowers, who pay an amount into the provision fund based on their risk profile.

    There are multiple types of investment terms offered to investors, each representing a different level of risk and potential reward. Though, like any investment, Plenti loans can go wrong and investors can realise losses.

    Plenti personal loans: Pros and cons

    Pros of Plenti loans

    • Personalised, risk‑based interest rates
      Borrowers with strong credit scores and stable finances may access lower‑than‑average rates.
    • No monthly, early‑repayment, or additional repayment fees
      Good for borrowers who want predictable costs and the flexibility to pay off the loan early.
    • Fast, fully digital application process
      Rate estimates take minutes without affecting credit score and full application is also quick with fast settlement.
    • Broad loan amounts and flexible terms
      Borrow between $5,000 and $100,000 with terms from one to seven years, plus the choice of fixed or variable rates and secured or unsecured loans.

    Cons of Plenti loans

    • Credit Assistance Fee can be high
      The establishment fee ranges from $0–$599 for unsecured loans and $299–$849 for car loans.
    • Risk‑based pricing may mean higher rates for some borrowers
      Applicants with average or weak credit scores may pay noticeably more.