AU
How to apply for the MoneyPlace Personal Loan?
If you're looking for a lender with good terms and the chance to check your rate in 2 minutes, find out how to apply for the MoneyPlace Personal Loan!
by Victória Lourenço
MoneyPlace Personal Loan application: Check your rates in up to 2 minutes!
Are you looking for an Australian lender with a wide range of loan options and competitive terms? If so, you can consider learning how to apply for the MoneyPlace Personal Loan!
Also, this lender is one option worth considering. So, from personal loans to debt consolidation loans, MoneyPlace offers up to $80,000 in loan amounts for successful applicants.
Therefore, you can keep reading to learn more about this lender and how to apply for MoneyPlace Personal Loan!
Online Application Process
Before applying for a loan with this lender, you’ll need to learn about some requirements.
Therefore, you must be at least 18 years old, be a permanent resident in Australia, and earn at least $20,000 per year (terms apply).
Moreover, after you check the requirements, you can check what can be your interest rate with no harm to your credit score before you apply. Also, it only takes about 2 minutes to check your rate.
Therefore, after you check your rate, you’ll be able to submit your application online and wait for a response!
You will be redirected to another website
Application Process using the app
Also, there is not much information bout people being able to apply for a MoneyPlacelaon through the mobile app.
Moreover, you can find ways to manage your loan online and apply online. So, check our topic above for tips on applying online.
MoneyPlace Personal Loan vs. NOW Finance Personal Loans
If you’re unsure about getting a loan with MoneyPlace, you can try borrowing from NOW Finance! Also, this lender offers incredible loan repayments.
Moreover, you’ll be able to choose between weekly and fortnightly payments from 1.5 years to 7 years.
In addition, you won’t need to pay any fees to get your loan. Therefore, there are no monthly prepayment or establishment fees.
Therefore, you can read our comparison table below to learn more about these two lenders and see which one is the best option for your finances!
| MoneyPlace Personal Loan | NOW Finance Personal Loans | |
| P.A.* | Average of 8.49% p.a. comparison rate for unsecured loans with excellent credit. | Unsecured loans from $5,000 to 50,000: 6.75% to 17.95% variable p.a.; Secured loans from $15,000 to $100,000: 16.95% to 6.50% variable p.a.; The fee varies depending on the loan amount and your creditworthiness. *Terms apply. |
| Loan Purpose | Home improvement, debt consolidation, car loans, medical loans, wedding loans, holiday loans, and loans for other personal purposes. | Debt consolidation, travel, weddings, student, funerals, and other personal purposes. |
| Loan Amounts* | From $5,000 to $80,000. | From $5,000 to $50,000 for unsecured loans; From $15,000 to $100,000 for secured loans. *Terms apply. |
| Credit Needed | Good to excellent. | Good to excellent. |
| Terms* | 3, 5, or 7 years. | Weekly and fortnightly payments: From 1.5 years to 7 years. *Terms apply. |
| Fees* | There are no ongoing fees for a loan; You won’t need to pay monthly fees. *Terms apply. | There are no fees to get your loan, monthly or establishment fees. |
| Late Fee | You may need to pay a late fee if you don’t make your loan payments on time. | There can be late fees if you miss any loan repayments. |
| Early Payoff Penalty | There are no early payoff penalty fees. | No prepayment penalty fees. |
See how you can apply online for the NOW Finance Personal Loans with the following application guide.
How to apply for the NOW Finance Personal Loans?
Are you looking for a lender with secured and unsecured loan options with perks? If so, read on to apply for NOW Finance Personal Loans!
Victória Lourenço
Aline Barbosa
Senior Editor
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