MoneyPlace Personal Loans



MoneyPlace Personal Loan

MoneyPlace provides personal loans, auto loans, and other specialised loans such loans for weddings and vacations. It is a non-bank lender, which provides unsecured loans for which one can apply without having to provide information about an asset as security for the loan. Their loan process is extremely straightforward, entirely online, and customised to one’s particular situation.

Moneyplace Personal Loans Rates

LendersRate of InterestComparison RateRatings
MoneyPlace undefined Interest Rate


6.89% - 23.57%



Need Home Loan Assistance?


Pros & Cons-MoneyPlace


  • Signup Fees.
  • Customer Support.


  • Strict lending policies.
  • High Property Value for First Home Buyers.
  • Strict Age Restrictions.
  • Home Loan for Self-Employed.

About MoneyPlace Personal Loan

MoneyPlace offers unsecured personal loans that can be used for a variety of purposes, including paying off debt, remodelling your house, and financing vacations. With loan amounts ranging from $5,000 to $50,000, loan terms of 3 to 5 years are available. Due to the loans' reasonable, fixed interest rates, borrowers can feel secure knowing that their monthly payments won't alter over time.

Features of a MoneyPlace Personal Loan

Flexible loan periods are one of the outstanding benefits of a personal loan from MoneyPlace. The loan can be customised to the demands and financial situation of the borrower by offering terms ranging from 3 to 5 years. Also, because the loans are unsecured, borrowers are not required to provide any security in order to get the money.

Making extra payments without incurring fees is just another fantastic benefit of a MoneyPlace personal loan. This makes it possible for borrowers to pay off their loans more quickly and save money on interest fees over the course of the loan.

Eligibility Criteria

For a MoneyPlace personal loan to be authorised, borrowers must be Australian citizens or be at least 18 years old. They must also have a reliable source of income. Also, candidates must fulfil MoneyPlace's credit standards and have excellent credit.

How to Apply for a MoneyPlace Personal Loan?

It is simple to apply for a personal loan through MoneyPlace online. In addition to other personal and financial information, the borrowers must provide their names, addresses, employment information, and income. The application procedure will also include a credit check from MoneyPlace.

Documents Required for a MoneyPlace Personal Loan

When applying for a personal loan with MoneyPlace, borrowers must present the following documentation:

  • A passport or driver's licence can be used as identification.
  • Paystubs or bank statements are acceptable forms of income documentation.
  • Bank statements: In order to confirm the borrower's income and expenses, MoneyPlace will demand bank statements.
  • Utility bills or a lease agreement can be used as proof of address.
  • Credit report: As MoneyPlace will check credit as part of the application process, borrowers should get a copy of their report before submitting an application.

MoneyPlace Personal Loan Calculator

A loan calculator is available on MoneyPlace's website that enables borrowers to calculate their estimated loan repayments depending on the loan amount, loan length, and interest rate. This tool is helpful for potential borrowers who want to estimate their loan repayment amounts before submitting an application.

Customer Service of MoneyPlace Personal Loan

With support available via their website, phone, or email, MoneyPlace offers their borrowers great customer service. Also, they provide an extensive online Help Centre that offers solutions to frequently asked issues and manuals for handling personal loans.

Frequently Asked Questions

What is the interest rate of a personal loan in MoneyPlace?

MoneyPlace’s personal loan interest rates are based on a number of variables, including your credit score, your income level, and the loan amount. Although they might range from 5.45% to 14.99% annually, their interest rates are generally competitive.

What is the minimum and maximum loan amount for a MoneyPlace personal loan?

The lowest and maximum loan amounts for personal loans on MoneyPlace are $5,000 and $75,000, respectively. Your creditworthiness, income, and other financial commitments are just a few of the variables that will determine how much of a loan you qualify for.

What is the loan term for a MoneyPlace personal loan?

In MoneyPlace, personal loans have terms of three to seven years. Your financial objectives and ability to repay the loan might help you decide on the loan length.

How can I calculate my MoneyPlace personal loan repayments using the loan calculator?

You can figure out your personal loan payments using the loan calculator on MoneyPlace’s website. You must enter the loan amount, interest rate, and loan period in order to use the calculator. You can use the calculator to get an idea of your monthly repayment amounts.

How does MoneyPlace customer service support customers with their personal loans?

If you have any questions or issues about your personal loan, MoneyPlace offers a dedicated customer care team who can help. Via phone, live chat, or email, you can get in touch with their customer support department. They are accessible Monday through Friday from 9 am to 5 pm AEST.

What happens if I miss a payment on my MoneyPlace personal loan?

You can be assessed a late payment fee for your MoneyPlace personal loan if you skip a payment. Your credit score may be affected by the late payment cost, which can be up to $35. If you are having trouble paying your debts and won’t be able to do so on time, you must let MoneyPlace know right away. They can be able to provide you with some alternatives to deal with the circumstance.

Can I get a MoneyPlace personal loan if I have bad credit or no credit history?

On an individual basis, MoneyPlace evaluates candidates with poor credit or no credit history. To determine if applicants are creditworthy, they employ a credit rating system. You might still be qualified for a personal loan even if you have poor credit or no credit history if you can show that you have the means to pay back the loan. However, the interest rate on these loans can be greater than the average rate.


The website provides general information about various loan products, insurance products, credit scores & links to other websites or resources over which does not have control as such information & links are received from the Banks, NBFCs, Insurance companies & credit rating agencies. Users of this website acknowledge that is providing this information & links only as a convenience, and further agree that is not responsible for the veracity of such information. Please note that you before you decide whether or not to acquire a particular financial product you should assess whether it is appropriate for you in the light of your own personal circumstances, having regard to your own objectives, financial situation and needs. Confirm all product information directly with the provider of resepctive financial product before making a purchase decision. If you decide to acquire a financial product, you will deal directly with the provider and not with Urban Money Oceania and that neither nor its directors, employees, partners, and associated staff are not accountable for any loss, harm, or damage due to usage of information from this website. And further that users use of links to such external websites are subject to the terms of use and privacy policies located on those sites.