Friends consider getting personal loan
Friends consider getting personal loan

Realise your dreams with a no-fee personal loan

RateCity Excellent Credit Personal Loan
RateCity Excellent Credit Personal Loan

Personal loans are pretty versatile. From renovating the kitchen to going on holiday to financing your dream wedding. The options are virtually endless.

Need funds to pay for uni tuition fees? Dreaming of traveling around Australia or abroad? Or looking to make a one-off purchase? With loans from $5,000 to $50,000 available, a personal loan could be just the helping hand you need.

What’s more, Pepper Money fixed rate personal loans don’t come with any fees, so you can have certainty in budgeting for your repayments. Even if you want to make extra repayments, we won’t charge you.

Why choose a Pepper Money Personal Loan?

No fees - for the life of your loan

Get your personalised interest rate+ without impacting your credit score

Secured interest rates starting from 6.75% p.a. comparison rate*#

Pepper Money personal lending trio
Rates based on your circumstances

Rates based on your circumstances

Get your personalised rate before applying. It won't impact your credit score.
no fee personal loan

No fees

Ditch the fees and save with our no fee personal loan. No set up fee, no monthly fee and no early repayment fee.
Quick loan turn-around

Quick turn-around

Complete your application and get a response in 2 minutes. Once approved, access your funds within 24-48 hours.

 

 

What could my personal loan repayments look like?

To help you plan your monthly budget, give our repayment calculator a try. It can estimate what your regular repayments might look like based on the amount you want to borrow using example interest rates.

Your example interest rate and comparison rate is*# $

Your estimated minimum repayment is $

Ready to take the next step? Get your personalised rate upfront without impacting your credit score.

Important information

Information provided is factual information only, and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. All applications are subject to credit assessment, loan eligibility and lending limits. Terms, conditions, fees and charges apply. 

The results of the calculator are based on information you have provided and is to be used as a guide only. It does not constitute a quote, pre-qualification, approval for credit or an offer for credit and you should not enter commitments based on it. The interest rates do not reflect true interest rates and the formula used for the purpose of calculating estimated personal loan repayments is based on the assumption that interest rates remain constant for the chosen loan term.  

Your interest rate, repayments and interest payable will be different if a full application is submitted, and we complete our responsible lending assessment. The results of this calculator do not take into account any lender or government fees which may be applicable from time to time.

Ready to take the next step?

It takes 2 minutes to get your personalised rate. Then, you can apply online and get a response in 2 minutes. If your application is approved, you can start making your goals a reality.

Get your personalised rate in just minutes. What's more, it won't affect your credit score.

Secured personal loan interest rates starting from
6.75
%
p.a.
Interest rate*
6.75
%
p.a.
Comparison rate#

Get to know our no-fee personal loan

Secured or Unsecured personal loan

Secured or Unsecured?

A secured personal loan generally has lower interest rates than an unsecured personal loan as the lender will lodge a security interest over the asset. If you don’t pay the loan, the lender may have the right to repossess the asset. 

Find out more on our fact sheet, or call us on 1300 108 794.

Secured Personal Loan
Interest rates
Secured fixed interest rates and comparison rates from 6.75% - 21.65% p.a.*#
Application process
10 minutes online, or call us on 1300 108 794
Loan term
18 - 84 months^
Loan amount
$15,000 - $50,000
Funds availability
Next business day following approval (subject to your bank's direct credit processing times)
Repayment type & frequency
Pay by Direct Debit in weekly or fortnightly installments
Fees and charges

We don't charge any fees

  • Loan establishment fee | $0
  • Account administration fee | $0
  • Early repayment fee | $0
  • Security registration fee | $0
Unsecured Personal Loan
Interest rate
Unsecured fixed interest rates and comparison rates from 6.75% - 26.95% p.a.*#
Application process
10 minutes online, or call us on 1300 108 794
Loan term
18 - 84 months^
Loan amount
$5,000 - $50,000
Funds availability
Next business day following approval (subject to your bank's direct credit processing times)
Repayment type & frequency
Pay by Direct Debit in weekly or fortnightly installments
Fees and charges

We don't charge any fees

  • Loan establishment fee | $0
  • Account administration fee | $0
  • Early repayment fee | $0

What others are asking about personal loans

We accept personal loan applications with no financial or unpaid defaults, or >1 paid telco or utility default.

If you've chosen to take out a personal loan to consolidate your debts, then once your personal loan is settled, we’ll pay the lender directly. 

A secured loan is secured against an asset you own. This could be your car or another eligible vehicle owned by you that can be registered as security against the loan. Depending on your circumstances, a secured loan may allow you to borrow at a lower interest rate, in comparison to an unsecured loan. Secured loans may have higher lending limits.

It’s important to understand however, if you repeatedly fail to make repayments and default on a secured loan, the asset used as security may be repossessed and sold. The proceeds of the sale will be credited to the outstanding balance of your loan.

An unsecured loan is a loan where an asset that you own is not registered as security against the loan. Unsecured loans usually have lower borrowing limits and a higher interest rate.

Pepper Money offers both secured and unsecured personal loans.

Yes, however before you apply for a personal loan, you can request an indicative personal loan interest rate. Accessing this rate will not affect your credit score. If you decide to proceed to an application, a credit enquiry will be made on your credit report.

You can use your Pepper Money personal loan for almost all purposes. This could be anything from a holidayhome improvements, household furnishingscar purchase or car repairs, auto upgrades, debt consolidation, educational expenses, medical and cosmetic surgery, dental surgery, mortgage cost funding, vehicle deposit funding, and even a wedding, funeral or sporting equipment.

Unacceptable loan purposes include:

  • Mortgage, rent or credit arrears
  • Tax debts
  • Payment of defaults and judgements
  • Loans for business purposes

Our unsecured personal loans range from $5,000 to $50,000, repayable between 18 months to 84 months.

If you're an Aussie citizen or permanent resident aged 18 or older then you'll be able to apply for a personal loan between $5,000 and $50,000 with us. That’s as long as you match the following criteria.  

First up, we lend to both single and joint borrowers. Centrelink can be used as a secondary source of income in some circumstances, but it's important that you're employed and have an acceptable form of ID.  

Applicants should have no defaults or active payday loans, neither current or prior bankruptcy or have a court judgement.   

If you’re successful in your application, you'll need to pay off the loan between 18 and 84 months.  

The full criteria can be found here.   

Applying for a loan with us is easy. You can apply online and complete the process in as little as 10 minutes. Best yet, you’ll get your individual rate before you apply without impacting your credit score. Alternatively, speak to one of our friendly lending specialists on 1300 108 794. To view the eligibility criteria, click here.

Getting a personalised rate estimate could be a great first step before applying for a personal loan. It only takes two minutes and it won’t impact your credit score. A personalised rate quote helps you to compare different lenders and their offerings. Each lender in Australia may have varying interest rates, terms, and conditions for loans. Understanding your options before applying for a personal loan can help you make an informed decision about which loan best suits your needs.  

Knowing your personalised rate also helps you determine the affordability of your loan by giving you a good idea of what your monthly repayment amount might be. This could help you understand whether the loan fits comfortably within your budget or not. 

Our Product Reviews

Pepper Money reviews

What our customers think about us

4.4

from 672 reviews

Fantastic experience

The application process was so quick and easy. There were no fees up front, and our interest rate is quite reasonable. I wouldn’t hesitate to recommend Pepper Money to my family and friends if they need a personal loan. We finally get to pay off our wedding. Woohoo!

Janette, Sydney
My car basically went boom!

I applied for a loan through Pepper early in the morning, by the time I'd found a car that I liked they'd already conditionally approved me. By the end of the day, it was all settled. Can't recommend Pepper Money enough - their speed and customer service is second to none.

Robert, South East Queensland
Thanks for making it happen!

Very professional, convenient, easy, quick and friendly staff. I tried with other financial institutions but couldn’t get it due to credit rating. I was disappointed, so finally I tried personal loan with Pepper Money I thought I wouldn’t get it. But I got it approved, I couldn’t believe it. Highly recommended.

Khalid B
Quick and easy!

I found the whole online process very easy and quick with great communication along the way. I am satisfied with the rate, however the key aspect for me was having no exit fees. I intend to pay the loan off quickly, so this was an important consideration. In summary, very impressed!

Darren, SA
No idea how grateful I am

I checked the reviews and they were amazing. I applied on Friday for a funeral and received acceptance on Monday morning. The rate is great and I just cant believe how quick I received a response. The most stressing time of my life and Pepper came around.

Telia, Queensland
Quick, easy, and great communication

Pepper Money helped me consolidate my debts into one loan. The process was so easy, I was actually shocked how quick it was. Everything was done online and I found it to be the best experience compared to other loans. If I ever need a loan in the future, I’d be applying to Pepper Money again.

Fezzy, ACT
Super loan company to deal with

Couldn't have been a smoother process. Super quick and easy, staff very efficient and easy to deal with. Loan approved and finalized within 2 days as promised. Great Loan rates too!

Andrea, Queensland

The important legal bits


Information and interest rates are correct as of 13 September 2023 and subject to change at any time.

All applications are subject to credit assessment, loan eligibility criteria and lending limits. Terms and conditions, fees and charges apply.

Information provided is factual information only, and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser.

‘No fees’ only applies to new loans. If you do not comply with the terms of your loan, we may pass on to you any third party enforcement or recovery costs incurred by us. Settlement times may vary depending on individual circumstances.

* Pepper Money Unsecured Personal Loan interest rates range from  6.75%-26.95% p.a. (Comparison rates range from 6.75%-26.95% p.a.#) and Secured Personal Loan interest rates range from 6.75%-21.65% p.a. (Comparison rates range from 6.75%-21.65% p.a.#). The actual interest rate applicable will depend on the individual borrower’s circumstances and the information verified during the loan application assessment.

+PERSONALISED RATES AND REPAYMENTS: The interest rate and repayments are based on personalised pricing. The final interest rate and repayments you are offered (if approved) may change based on your personal financial circumstances or security details provided. In some circumstances, we may require further information in order to provide a final interest rate and repayments (if approved).

^Loan repayment terms range from 18 to 84 months for secured loans between $15,000 - $50,000. Repayment terms range from 18 to 36 months for unsecured loans between $5,000 and $7,999, and 18 to 84 months for unsecured loans from $8,000 to $50,000.

EXAMPLE: An unsecured personal loan of $30,000 borrowed over a term of 5 years with the minimum interest rate of 6.75% p.a. (6.75% p.a. comparison rate), would equate to an estimated minimum total amount payable of $35,349.60 via the weekly payment option. Rates are subject to change.

#Comparison rate is calculated on a secured loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Get in touch with a Lending Specialist

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