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.
Realise your dreams with a no-fee personal loan.
Need funds for home furnishing? 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*#
Rates based on your circumstances
Get your personalised rate before applying. It won't impact your credit score.
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 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.
Not sure about your credit situation? Understand the different credit score groupings.
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.
Not sure about your credit situation? Understand the different credit score groupings.
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.
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?
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
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Interest rates
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Secured fixed interest rates and comparison rates from 6.75% - 21.65% p.a.*#
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Application process
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10 minutes online, or call us on 1300 108 794
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Loan term
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18 - 84 months^
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Loan amount
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$15,000 - $50,000
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Funds availability
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Next business day following approval (subject to your bank's direct credit processing times)
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Repayment type & frequency
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Pay by Direct Debit in weekly or fortnightly installments
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Fees and charges
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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
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Interest rate
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Unsecured fixed interest rates and comparison rates from 6.75% - 26.95% p.a.*#
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Application process
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10 minutes online, or call us on 1300 108 794
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Loan term
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18 - 84 months^
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Loan amount
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$5,000 - $50,000
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Funds availability
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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 holiday, home improvements, household furnishings, car 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.
Need some help with your personal loan?
Whether you’re confused about secured and unsecured loans, or just wondering how the whole process works; our resources are here to make sense of all that finance jargon.
Our Awards
As the home of loan options we're all about helping everyday Aussies succeed in achieving their financial goals
- whether that's renovating your home, consolidating your debts, or covering unexpected outgoings.
We’re over the moon to share that we’ve been recognised as winners by both Finder and WeMoney.
What our customers think about us
Easy application
Straightforward application with none of the mountain of paperwork usually required by a bank. Online verification and customer service were a pleasure to deal with. Highly recommended!
Best of the Best
Such a fantastic, fast, and friendly team to work with. I’ve now used them twice, and to be honest, they’re more efficient and open with you than major banks, and fast too. Highly, highly recommend them!
Very happy and very impressed
Excellent communication and clear, simple instructions regarding exactly what was required of us. Pepper Money provided outstanding support throughout the loan application process.
Awesome service
Wow, I was so impressed! Funds were in my bank within 24 hours. No paperwork; everything was done electronically. Quicker than a bank, and they were in constant contact with me every step of the way. Highly recommend.v
Highly recommend
Easy and fast service with good communication. The interest rate is better than other companies.
Loan application
Outstanding, professional, and efficient results within a couple of hours. Great and helpful customer service, and I’m very satisfied with the results of my application.
Thank you Pepper Money
Easy process, no hidden costs, and options to pay extra without penalties. Friendly and thorough staff, and the rate was competitive. Would recommend to anyone!
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.
