MoneyPlace is a market lender, therefore, once your loan is approved, your loan will be matched with a private investor in the personal lending market. This post, we will guide the reader how to get the MoneyPlace personal loans in some steps.

MoneyPlace personal loans
You can get the MoneyPlace personal loans up to SEVEN years

In the previous post, Info Credit Free introduces people to some of the necessary information that is useful for getting MeBank personal loans in Australia, to get more information people can read the article Get the MeBank personal loans and you are a CLEVER customer. Now, let find knowledge about the MoneyPlace personal loans in the post today.


Just like a lot of article posts such as Credit Union Australia personal loans, RateSetter personal loans, Harmoney personal loans…, this post about the MoneyPlace personal loans also includes some main parts. They are:

1. Somethings about the MoneyPlace personal loans

MoneyPlace evaluates their borrowers based on factors such as credit scores and their financial history. To find out what your interest rate is, you need to check your appropriate rate here. To find out, it only takes 2 minutes and it’s absolutely not a requirement.

MoneyPlace personal loans apply to anyone over 18 and a citizen or permanent resident, currently living in Australia, working and earning at least $ 20,000 per year and earnings. that’s from your labor.

MoneyPlace provides personal loans ranging from $ 5,000 to up to $ 45,000 and customers receive loans for a period of 3, 5 or 7 years. However, the maximum amount each customer will borrow will depend on a number of factors such as their credit history.

MoneyPlace only has a setup fee, starting at 0% for loans with 7.65% interest and up to 5% for loans with the highest annual interest rates. Setup fee will be added to customer loan amount so that they do not run out of money. MoneyPlace does not apply fees or penalties for early repayment.

Customers can use the MoneyPlace loan for almost anything you want. They cannot use their loans for anything illegal.

MoneyPlace personal loans
You can get the MoneyPlace personal loans up to SEVEN years

2. Some steps to apply for a Money Place personal loans

You can easily register estimates proportional to MoneyPlace online. First, make sure you meet the eligibility criteria. You have to:

  • Over 18 years
  • As an Australian citizen or permanent resident
  • Earn at least 20,000 dollars. (most of your income is not possible from Centrelink)
  • Sign up as an individual (not common)
  • There is an acceptable credit profile without outstanding default, court ruling, writing or bankruptcy
  • Currently not included in the outstanding debt collection

If you are self-employed, you need to trade at least two years and cannot borrow for business purposes. To get online rate estimates, you need to provide the following information:

  • Loan purpose. Choose from options like debt consolidation, new or used car purchases or weddings.
  • Loan details. You need to choose how much you want to borrow and for how long.
  • Personal information. Your name, date of birth and marital status.
  • Communications. Provide your email address, home address, and mobile number.
  • ID. You will need the driver’s license number and status.

3. The information about the interest rates and fees of the MoneyPlace personal loans

MoneyPlace Personal Loan
Interest Rate (p.a.) From 7.65% (fixed)
Comparison Rate (p.a.) 7.65% 
Interest Rate Type Fixed
Min. Loan $5,000
Max. Loan $45,000
types of Personal Loan  Unsecured

This post is about MoneyPlace personal loans. We provide this information to offer you some of the necessary information that is useful for getting MoneyPlace personal loans. Also if you are looking for information about the personal loans from NAB, please refer to Register for the NAB personal loans in a few simple steps link we just provided in the previous article. 

Hillary (Team Content) – Info Credit Free