OurMoneyMarket Personal Loan
OurMoneyMarket offers personal loans with fixed rates and amounts from $5,000 to $100,000, catering to various needs like renovations and debt consolidation.
Last checked on September 19, 2026. We may earn a commission when you click through.
OurMoneyMarket Personal Loan
Updated 1 day agoAPR Range
5.95–18.99%
Amount
A$5k–A$75k
Term
24–60 months
Type
personal
You'll be redirected to ourmoneymarket.com
Our Verdict
With starting at 5.95%, OurMoneyMarket personal loans are an for those with good credit looking for substantial borrowing. However, the higher APR can reach up to 18.99%, which may deter some borrowers.
Best For
Individuals with a good credit rating seeking a personal loan to fund significant expenses like home renovations or debt consolidation.
Watch Out
The maximum APR of 18.99% could be a concern for borrowers with less-than-stellar credit, as many may end up paying much more than they initially anticipated.
Pros
- Low starting interest rates at 5.95%
- Fast online approval process
- Flexible loan amounts from $5,000 to $100,000
- No prepayment penalties
Cons
- High maximum APR of 18.99%
- Approval may be challenging for lower credit scores
- Customer service experiences vary
- Limited flexibility in loan terms
Full Review
At a starting interest rate of 5.95%, OurMoneyMarket is one of the more affordable options in the personal loan space. The maximum loan amount is $100,000, making it suitable for larger expenses like renovations or vehicle purchases. The application process is entirely online, boasting fast approval times, which is for those needing funds quickly.
However, while many borrowers receive the representative rate of 9.99%, those with lower credit scores can be subject to much higher rates. Customer service received mixed reviews, with some users praising the responsiveness while others reported delays. It's your credit history before applying, as this will heavily impact the rate you are offered.
Be aware that while there are no prepayment penalties, the terms can be rigid for those needing flexibility in repayment. For borrowers planning to pay off their loans early, this could be .
Who Is This For?
Borrowers with good credit looking for a flexible personal loan for significant expenses.
What Borrowers Say
Customer feedback highlights competitive rates but mixed experiences with customer service and approval timelines.
Summary
OurMoneyMarket provides personal loans ranging from $5,000 to $100,000 with interest rates between 5.95% and 18.99%, suited for various financial needs.
About This Loan
Requirements
- Australian citizen or permanent resident
- 18 years or older
- Regular income
- Good credit history
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