Green loans
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Get what you need

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 green loan repayment calculator

Use a green loan for your next environmentally friendly purchase or project!

Learn more
$/Fortnight

$5,723
Total repayment (inc. interest and fees)
$723.43
Total interest
5.45% p.a.
Example interest rate*
5.45% p.a.
Comparison rate*

Save more than just interest

It’s increasingly important that we make environmentally conscious purchases. Whether it be renewable energy improvement to your home or purchasing a more environmentally friendly vehicle, we believe you should be rewarded.

Join the increasing number of Australians turning to SocietyOne for a green loan and enjoy the benefits of

  • Great low interest rates, starting from 5.45% p.a. comparison rates
  • No early repayment fees
  • No ongoing monthly fees
  • Borrow loan amounts from $5,000 to $70, 000
  • Repay over loan terms of 2, 3, 5 or 7 years
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Energy efficient home improvements

Many people use their green personal loan to make clean energy or renewable energy improvements around the home such as installing solar panels, electric vehicle charging stations, purchasing energy efficient appliances, solar hot water systems.

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Water conscious homes

The conservation of water is important for many homeowners, particularly here in Australia. You could use a green loan to fund a new efficient water system, environmentally friendly home irrigation system or even something as simple as a water tank or a low-water-consumption native garden.

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Get from A to B but make it energy efficient

If you’ve had your eye on a more environmentally friendly vehicle, such as an electric or hybrid car, a green car loan from SocietyOne might be just for you.

Or you might go that one step further and skip the car for that bicycle you’ve had your eyes on… this option is also good for your fitness!

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How it works

It’s easy to apply for a personal loan to consolidate debt with SocietyOne.

Get Your Rate

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

Apply Online

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

Get Your Funds

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


How our rates compare

See how our unsecured personal loan rates measure up to the big 4, Commonwealth Bank, Westpac, ANZ and NAB.

SocietyOne
from 6.45% p.a.*
ANZ
15.54% p.a.
CBA
from 14.60% p.a.
Westpac
13.20% p.a.
NAB
from 10.15% p.a.

Rates as of 15/12/2021. Excludes short term bank promotions.

View the fine print

Personal loans made easy

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Save on interest

You could significantly reduce the amount of interest you pay over the lifetime of multiple debts by consolidating into one easy to manage payment.

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Simplify your debts

You could consolidate debts into a single repayment or pay for expenses like an energy efficient project that would be difficult to pay off with a credit card.

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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 5.45% p.aFrom 6.45% p.a.
Comparison ratesFrom 5.45% p.a.*From 6.45% p.a.*
Amount you can borrow$5,000 to $70,000$5,000 to $50,000
Loan terms2, 3, 5 or 7 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.

renovate

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.

couple-car

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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Resource Centre


How a personal loan can help you when you need it
Personal Finance

Mar 27th, 2022

How a personal loan can help you when you need it

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Let’s bust five big money myths
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Mar 9th, 2022

Let’s bust five big money myths

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5 things to do before you apply for a personal loan
Personal Finance

Mar 9th, 2022

5 things to do before you apply for a personal loan

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Frequently Asked Questions

Things to consider before applying for a green loan.

A Green loan is a personal loan that is specifically for products that are environmentally friendly or energy efficient. SocietyOne’s unsecured green loans can help you make everyday cost savings through a more energy efficient home.

A green loan can be used for any environmentally positive or purchases that can increase energy efficiency around your home. These can often help you reduce your energy bills and include:

  • Electric or hybrid cars
  • Solar panels
  • Solar water heating systems
  • Solar powered batteries
  • Solar system
  • Water tanks

SocietyOne’s unsecured green loans work in the same way as our regular personal loans, but are used to purchase products or fund projects that are environmentally conscious so you can save on more than just interest rates.

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 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.

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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