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All loanless loans are fixed rate, so your monthly repayments never increase.
View Our Rates| Loan details | 2 - 3 year | 5 year | 7 year |
|---|---|---|---|
| Interest rate % p.a. | 7.99% - 14.24% | 7.99% - 15.74% | 8.99% - 16.74% |
| Comparison rate % p.a. | 7.99% - 15.91% | 7.99% - 16.49% | 8.99% - 17.91% |
| Establishment fee | $0 - $495 | $0 - $495 | $0 - $495 |
| Monthly fees | None | None | None |
| Early repayment fees | Zero | Zero | Zero |
| Hidden fees | Zilch | Zilch | Zilch |
Getting a personal loan with loanless is quick and easy.
When you apply for a loan through loanless, your loan offer is assigned a grade between Tier 1 and Tier 4 with a corresponding interest rate range.
The loan grade is based on a variety of factors, such as your credit history, credit score, employment status, cash flow and loan amount requested.
Once your application is approved, your loan will be placed in our marketplace and matched with our investors who provide the funding.
Comparison rates help you work out the true cost of your loan by factoring in fees and charges.
They’re calculated on a number of factors including the loan amount, term, frequency of repayment, interest rate and fees.
You can compare comparison rates for different loans to see which loan will cost more.
| Fee | Amount | Payable |
|---|---|---|
| Dishonour Fee | $15 | Payable each time a direct debit is dishonoured. |
| Overdue Account Fee | $35 | Payable when the repayment is 14 days overdue. |