SocietyOne Secured Personal Loan (Direct)
Secured fixed-rate personal loan from $5,000 to $70,000 over terms of 2, 3, 5 or 7 years, applied for directly with SocietyOne. Asset collateral is required. Rates are personalised to your SocietyOne credit tier, determined at application time via SocietyOne's credit assessment.
- From
- 6.99%
- Fixed
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed Credit Tier 1 (best credit). Rates for this tier range from 6.99% p.a. (published rate, tier floor) to 15.74% p.a. Your credit tier and actual rate are determined at application time based on SocietyOne's credit assessment. | 6.99% | — | — |
| Fixed Credit Tier 2. Rates for this tier range from 14.14% p.a. (published rate, tier floor) to 17.84% p.a. Your credit tier and actual rate are determined at application time based on SocietyOne's credit assessment. | 14.14% | — | — |
| Fixed Credit Tier 3. Rates for this tier range from 16.29% p.a. (published rate, tier floor) to 21.79% p.a. Your credit tier and actual rate are determined at application time based on SocietyOne's credit assessment. | 16.29% | — | — |
| Fixed Credit Tier 4. Rates for this tier range from 19.39% p.a. (published rate, tier floor) to 23.89% p.a. Your credit tier and actual rate are determined at application time based on SocietyOne's credit assessment. | 19.39% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment fee (Tier 1) One-off establishment fee of $50 for applicants assessed as credit Tier 1 (best credit). | Upfront | $50.00 |
| Establishment fee (Tier 2) One-off establishment fee of $545 for applicants assessed as credit Tier 2. | Upfront | $545.00 |
| Establishment fee (Tier 3-4) One-off establishment fee of $645 for applicants assessed as credit Tier 3 or Tier 4. | Upfront | $645.00 |
| Dishonour fee Charged when a repayment is dishonoured. | Event | $15.00 |
| Late payment fee Charged when a repayment is not received by the due date. | Event | $35.00 |
Features
- Extra repayments
- Additional repayments may be made at any time without penalty. No early repayment fee applies.
- Digital banking
- Loan is managed entirely online via the SocietyOne dashboard.
- Real-time payments (NPP)
- Funds are disbursed via the New Payments Platform where available.
Eligibility
- Individuals onlyAvailable to natural persons only; not available to businesses or other entities.
- Minimum age — 18 yearsApplicants must be at least 18 years of age.
- Residency status — Australian citizen or permanent residentApplicants must be an Australian citizen or permanent resident.
- Employment status — Must be currently employedApplicants must be currently employed with a regular income.
- Minimum income — $30,000.00 p.a.Minimum gross annual income of $30,000.
- Asset collateral is required. The asset must meet SocietyOne's collateral eligibility criteria.
Constraints
- Minimum limit — $5,000.00Minimum loan amount of $5,000.
- Maximum limit — $70,000.00Maximum loan amount of $70,000.
- Loan terms of 2 years (P2Y), 3 years (P3Y), 5 years (P5Y) or 7 years (P7Y). The loan must be secured by an eligible asset.
More Information
Published by SocietyOne under the Consumer Data Right · Last updated 10 July 2026 · Product ID societyone-secured-fixed-direct