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MoneyPlace - description of the lender

Loan amount

$ 5000 - $ 50000

Loan term

3 - 7 years

MoneyPlace - description of the lender

Company

MoneyPlace offers a better way of getting a personal loan. MoneyPlace focuses on fairer interest rates, an intuitive customer experience, and happier customers. As a marketplace lender, MoneyPlace connect investors and borrowers through an efficient, online marketplace. Instead of attracting deposits from customers, and borrowing money from domestic and overseas financial markets like banks do, MoneyPlace believes in Australians helping other Australians.

Interest

6.45 - 26.99 %

Representative example

Representative example: Loan amount: $ 15 000, Loan term: 5 years, Monthly payment: $ 335,84, APR: 10.99 %

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.

Age restriction

You must be at least 18 years old.

Requirements

  • Be applying as an individual (no joint applications)
  • Be a citizen or permanent resident of Australia and currently residing in Australia
  • Be earning an income of at least $20,000 per year (you cannot be earning the majority of your income from Government benefits)
  • Be at least 18 years of age
  • Not have any outstanding defaults
  • Not have any court judgements, writs, or bankruptcies
  • Not currently in collections for any existing debts
  • Have no more than three active payday loans at the time of application

Documents

  • Passport or other international travel document (current or expired within the last 2 years, but not cancelled);
  • Drivers licence issued by an Australian State or Territory;
  • Government issued Proof of Age Card;

Registration number

Money Place Assets Pty Ltd ABN 64 601 045 578

Office hours

Monday to Friday 9:00am – 5:00pm (AEDT)

Address

Level 17, 31 Queen St, Melbourne, Australia 3000

Additional information

E-mail: info@moneyplace.com.au
Phone: 1300 008 003

Other offers

Minimum loan amount

$5,000

Maximum loan amount

$50,000

Minimum loan term

3 years

Maximum loan term

7 years

APR

6.45 - 26.99 %

Minimum age

18 years

14

Representative example: Loan amount: $15,000, Loan term: 60 months, Total amount payable: $20,151, APR 10.99 %
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

Minimum loan amount

$2,100

Maximum loan amount

$30,000

Minimum loan term

6 months

Maximum loan term

5 years

APR

5.45 - 19.99 %

Minimum age

18 years

7

Representative example: Loan amount: $30,000, Loan term: 60 months, Total amount payable: $40,825.95, APR 12.99 %
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

Minimum loan amount

$2,001

Maximum loan amount

$75,000

Minimum loan term

12 months

Maximum loan term

7 years

APR

5.45 - 20.99 %

Minimum age

18 years

4

Representative example: Loan amount: $30,000, Loan term: 60 months, Total amount payable: $34,856, APR 5.45 %
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

MoneyGuru SIA, Address: Cālīšpurva street 27, Baloži, Latvia, LV-2128
Registration number: 41503072001 Bank: Swedbank AS, E-mail: partner@moneyguru24.com
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