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Get your dream car

Choose our secured loan option to borrow up to $70,000.

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Quick & easy

Get a personalised rate in as little as 2 minutes.

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No ongoing fees

Never pay any monthly or early repayment fees.

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Credit score safe

Getting a quote won’t affect your credit score.

Your loan repayment calculator

Getting a Car Loan with SocietyOne is quick and easy.

Learn more
$/Fortnight

$6,112
Total repayment (inc. interest and fees)
$1,111.67
Total interest
8.20% p.a.
Example interest rate*
8.27% p.a.
Comparison rate*

You're in the driver's seat...

Get that new car feeling with a great deal on a secured or unsecured car loan for your next new or used car purchase.

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Build the loan that best works for you

  • Choose between secured or unsecured loan options
  • No balloon payments unlike traditional car finance
  • You can borrow more than the car is worth, so you can add for car improvements, registration fees or even consolidate debts at the same time
  • You can borrow for that vehicle that is a little different, is too old or does not qualify for a traditional car loan or secured personal loan... perfect for a collectors car!
  • Can be used for a new or used car
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Your car might have extras, but our car loans don’t

  • Borrow $5,000 to $50,000 with our unsecured personal car loans or up to $70,000 with our secured loan option
  • You can choose loan terms of 2, 3, 5 with an unsecured loan or up to 5 years with our secured option
  • No monthly fees
  • No early repayment fees
  • No hidden fees
  • Fixed interest rates, so you always know much your loan repayments are
  • The flexibility to choose the repayment frequency that suits you with fortnightly or monthly repayments
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How it works

Getting a personal loan with SocietyOne is quick and easy.

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Get Your Rate

In as little as 2 minutes we’ll give you a rate based on your credit profile.

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Apply Online

It only takes 5 minutes for most people to complete their online application.

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Get Your Funds

Once approved, we’ll have the funds in as little as 1 business day.

Personal car loans made easy

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You’re in control

You get to choose the repayment frequency and loan term that suits you! Select from fortnightly or monthly repayments.

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Get the money, fast

We know you’re in a hurry to get your new wheels! If your car loan is approved, you could have the funds within 1 business day!

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Pay it off sooner

We don’t charge any penalties for paying off your personal loan early, so you have the option to pay a little extra off when you can!

The right loan for you

With great rates, flexible loan terms and repayment options, plus no monthly or early repayment fees you’ll have no trouble finding a loan to suit you.

Wondering about the difference between secured and unsecured is? In our helpful guide we get into the nitty gritty about both of these loan types to help you understand more and make it easier to choose the loan type that’s best for you.

Loan details
Secured loans
Unsecured loans
Interest ratesFrom 8.20% p.aFrom 9.20% p.a.
Comparison ratesFrom 8.27% p.a.*From 9.20% p.a.*
Amount you can borrow$5,000 to $70,000$5,000 to $50,000
Loan terms2, 3, or 5 years2, 3, or 5 years
Repayment frequencyFortnightly or monthlyFortnightly or monthly
Asset securityYes, you will need to provide an eligible asset as securityNo security required
Monthly feesNoneNone
Early repayment feesZeroZero
Hidden feesZilchZilch

Why get a personal loan?

If you want to significantly reduce the amount of interest you incur over the lifetime of multiple debts, or you’re tired of managing several debt repayments at once, debt consolidation may be a good option for you.

Using a secured or unsecured personal loan from SocietyOne for debt consolidation can make budgeting easier, so you only need to keep track of one regular payment and could save you money thanks to our great low rates. Plus, with SocietyOne there are no early repayment fees, so you can pay off your debt faster and without penalty.

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Whether you’re planning to extend your family home, are getting your house ready to put on the market or are wanting to spruce up an existing bathroom or living space, a SocietyOne home renovation loan can be a great way to fund your home renovation.

You can avoid adding to your mortgage and incurring additional interest over 10, 15 or 25 years, and with great low rates of our personal loans and no fees on extra repayments, you could increase your cost savings.

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Avoid missing out on all the best travel deals by using a SocietyOne personal loan to fund your next holiday.

Secure your flights, accommodation and other big-ticket holiday expenses early and increase your cost savings with our low interest rate.

Pay off your personal loan easily with one regular payment and enjoy the great benefits of no monthly or early payment fees.

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Get that new car feeling with a SocietyOne unsecured personal loan for your next car purchase. Our fixed rates make a personal loan a good alternative to a traditional car loan, plus:

• With the unsecured option you don’t need to use the car as security on the loan.

• There is no limit to the age of the car, as long as it meets the minimum asset value required if you choose the secured option.

• Choose a secured loan option to increase the borrowed amount up to $70,000

• Borrow more than the car’s purchase amount for on road fees or even debt consolidation.

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Pay for the big expenses like the venue, catering, the dress and even the honeymoon with our personal loans, and begin paying them off before the wedding day, plus:

• Budgeting is easier with one regular payment

• Our great low interest rates mean you could save money on fees and interest

• No monthly or early repayment fees and costs mean you could pay your debt off sooner!

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Using a SocietyOne unsecured personal loan for school or higher education fees gets an A+.

• Our personal loans don't have early repayment costs, which means you can pay off the loan early without a termination fee

• Our low interest rates mean you could save money on fees and interest

• They’re unsecured so you can include the expense of uniforms, books and other study material

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Have some more questions?

Our support team is here to help.


Award winning personal loans

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Frequently Asked Questions

Things to consider before getting a personal car loan.

The first thing you should do is check your eligibility with the lender. If you're looking to apply for a personal loan with SocietyOne, you'll need to ensure you meet our lending criteria below:

  • You need to be at least 18 years of age
  • Be an Australian citizen or a permanent resident of Australia
  • You must earn more than $30,000 per annum
  • It's important that you have a good credit history

If you're applying for a secured personal loan, you will need to have an asset to pledge as security. At SocietyOne, your asset will need to meet a minimum value, depending on the amount you wish to borrow. Acceptable assets include:

  • Vehicles (passenger and light commercial vehicles)
  • Motorbikes
  • Caravans
  • Marine (boats and personal watercrafts)

We do not accept heavy commercial vehicles.

You will need to provide asset details, proof of ownership or purchase invoice, and insurance as part of the verification process.

A secured car loan is one in which the purchased vehicle serves as security for the loan. If a borrower defaults on a loan, the lender has the right to repossess and sell the vehicle. The proceeds of the sale are used to pay the remaining debt.

You may need to supply us with the following information and documents as part of your personal loan application:

  • Your personal details ‚ name, address, date of birth
  • A driver's licence or passport
  • Proof of your address - for example, a utility bill
  • Proof of your income in the form of payslips or bank statements
  • Details about your day-to-day expenses, and any other debts

If you're applying for a secured personal loan, you'll also need to provide asset details as part of the verification process.

The documents we require depend on your ownership of the vehicle but it will help to have these things handy:

  • Registration certificate
  • Proof of insurance
  • Dealership invoice (if you are purchasing a vehicle)

Currently we do not offer balloon payments. Some car loans allow you to make a 'balloon payment' (also known as a residual payment), which means you pay a portion of the loan in regular instalments and the rest in one big sum. Your monthly repayments will most likely be lower but because you'll have to repay the lump payment plus interest, the total cost of the car loan is likely to be higher.

Applying for a SocietyOne loan is simple.

  • Get your rate: In as little as 2 minutes we'll give you an interest rate and comparison rate based on your credit profile.
  • Apply online: Most people finish their application within 5 minutes (and it's easier to do if you're enjoying your morning coffee).
  • Get paid: Once approved, we'll have the loan funds in your account in as little as 1 business day.

Get your rate now and get started.

The new SocietyOne app

Making managing your personal loans easier. Personal loan customers can:

View loan balances

Request a loan statement

Find out how to make an extra payment

Request a payout figure and more

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