DirectMoney Personal Loan Rates Table

 
Band
3 Years
Interest Rate
 
Comparison Rate^*
5 Years
Interest Rate
 
Comparison Rate^^*
Diamond 9.50% p.a. 13.76% p.a. 9.95% p.a. 10.82% p.a.
Platinum 11.50% p.a. 15.81% p.a. 11.95% p.a. 12.84% p.a.
Gold 13.50% p.a. 17.86% p.a. 13.95% p.a. 14.85% p.a.
Silver 16.00% p.a. 20.43% p.a. 16.95% p.a. 17.88% p.a.
Bronze 18.50% p.a. 22.99% p.a. 19.95% p.a. 20.91% p.a.

^ Comparison rate(s) based on $10,000 unsecured loan, fixed over 3 years, with monthly repayments.
^^ Comparison rate(s) based on $30,000 unsecured loan, fixed over 5 years, with monthly repayments.
* WARNING: 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.

Interest Rate Offers

DirectMoney's credit assessment process establishes a credit risk profile for each applicant. The credit risk profile is used to determine which band the applicant is assigned, and which interest rate is offered.

The credit assessment process takes in to consideration more than an individual's credit risk profile. Having an adequate risk profile does not guarantee an offer will be made. DirectMoney may require the applicant to provide security over the assets being purchased with the loan proceeds.