Finder makes money from featured partners, but editorial opinions are our own.
MONEYME Personal Loans
Borrow between $5,000 and $50,000 in just a few hours.
No reviews yet.
Write a review
MONEYME offers personal loans of up to $50,000 with quick online application and fast turnaround times, allowing you access to funds within a few hours.
Pros and cons
- Fast turnaround time of 1 to a few hours.
- A mobile app that allows you to view and manage your loans.
- Better rates for property owners.
- Consider additional cost of establishment fee and $10 monthly fee.
- You can't get a loan if you're a casual employee.
Compare MONEYME Personal Loans
1 - 2 of 2
What types of personal loans does MONEYME offer?
MONEYME is an online financial provider that promotes responsible lending. This means that you won’t be approved for a loan you can’t afford to repay. You can choose from 3 product types:
- Personal loan. This product is for loan amounts of between $5,000 and $50,000. You will be charged between $395 and $495 as an establishment fee. The interest rates also vary between 6.74% p.a. and 24.49% p.a., and the loan can be repaid over a maximum term of 5 years.
- Debt Consolidation Loan. If you have existing debts, consider this loan to merge them all into one, easier to manage loan. Borrow from $5,000 up to $50,000 at a fixed rate between 6.74% p.a. and 24.49% p.a. Your rates will be based on your current credit and debt situation.
What features does MONEYME offer with its personal loans?
- Repayments align with your pay cycle. Loan repayments are lined up with your pay cycle and are automatically direct debited.
- Responsible lending. MONEYME only approves loan amounts that you can afford to repay. Repaying your loan on time helps develop a positive loan rating, which means you benefit from lower rates the next time you borrow from MONEYME.
- Quick turnaround. Loan applications are approved quickly and money is available within a few hours, or within the hour if you bank with CommBank. This may vary if you apply on a weekend or outside business hours.
- Flexible terms. Repayment terms are customised to borrowers' budgets and pay cycles. Loans of between $5,000 and $15,000 can be repaid over a maximum of 36 months. Loans of at least $15,001 to $50,000 can be repaid over a maximum of 60 months.
- No paperwork. This application process is paperless, meaning you sign the loan agreement electronically. As part of the verification process, MONEYME uses illion Open Data Solutions technology for read-only access to your bank statements from the last 90 days.
How you can apply for a personal loan from MONEYME
You can apply for a MONEYME loan conveniently online. Before supplying personal and financial information, you’ll be asked to specify the loan amount, the desired loan period and the loan purpose.
You must meet the following eligibility criteria in order to apply for a loan:
- You must be an Australian resident
- You must be employed
- You must be aged 18 years or older
You’ll need the following documents on hand:
- Bank details so your loan can be deposited
- Mobile phone number
- Valid email address
MONEYME’s personal loan products are designed to reward good customers with lower rates and added benefits. However, it’s best to compare your loan options before you apply.
Frequently asked questions
More resources on Finder
More guides on Finder
-
Basket bandits: 3.3 million Aussies have stolen a basket or trolley from the supermarket
A surprising number of Aussie shoppers have gone rogue with supermarket baskets or trolleys in the past year, according to new research by Finder.
-
Switch Week: 6 ripper ways to save cash with Kogan Essentials
SPONSORED: One week only! Score a range of great deals on financial products and services with Kogan.
-
August’s best balance transfer credit cards: get 0% for up to 28 months
We've crunched the numbers: Here are the 5 best balance transfer credit cards on the market right now.
-
August’s best frequent flyer credit cards: want 100,000+ bonus points?
Here are the top Qantas and Velocity Points earning card offers you can get right now.
-
Is it worth paying a surcharge at ALDI to earn frequent flyer points?
Free flights or cheaper groceries? We've crunched the numbers.
-
IMB Reward Saver Kick Start
Read Finder's review of the IMB Reward Saver Kick Start. Learn more about this savings account aimed at young people.
-
Finder’s RBA Survey: 1 in 4 experts tip a rate cut before Christmas
Cash-strapped mortgage holders may well be getting an early Christmas gift this year, according to Finder’s latest poll.
-
Business credit cards for Qantas and other frequent flyer points
Earn frequent flyer points as you manage your work spending and enjoy other perks such as lounge passes with a business frequent flyer credit card.
-
21 (legal) ways to save at the supermarket
The average Aussie household spends $191 per week on groceries, our data shows – but you could spend much less with these tips and tricks from Finder crew.
-
Trouble in paradise: 5 million Australians experience travel mishaps
From lost luggage to medical emergencies, travellers are facing complications, according to new research by Finder.
Ask a question
All that I what to borrow is 50 dollars
Hi Vicki, you can contact MoneyMe directly. Also if you’d like some help with managing your bills and debts overall, it might be worth contacting the National Debt Helpline: ndh.org.au.