Pepper Money Personal Loan – loan
Secured and unsecured personal loans from Pepper Money, an Australian non-bank lender. No establishment or early repayment fees.
Applying does not commit you to a contract.
Properties of this loan
- Borrow $5,000 to $50,000 unsecured, up to $100,000 secured
- Terms from 18 to 84 months
- Fixed interest rate
- Extra repayments allowed anytime
- Weekly or fortnightly repayment options
- No fee for early payout
Pepper Money Personal Loan
Pepper Money is one of Australia's largest non-bank lenders, offering both secured and unsecured personal loans. The unsecured loan covers $5,000 to $50,000 with terms from 18 to 84 months. The secured loan goes up to $100,000 and uses a vehicle as collateral, which typically brings the rate down.
Applications are assessed online and a rate quote can be provided without affecting your credit score. If approved, funds typically arrive within 1-2 business days.
Pepper Money charges no establishment fee, no monthly account fee and no early repayment fee. That makes it cheaper to pay off ahead of schedule, which can reduce the total interest you pay over the life of the loan.
✓ Pros
- No establishment or early repayment fees
- Check rate with no credit score impact
- Secured and unsecured options up to $100,000
- Funds in 1-2 business days if approved
✗ Cons
- Rates not listed upfront, requires application
- No branches, online only
- No defaults or active payday loans accepted
Loan requirements
- ✓ Australian citizen or permanent resident
- ✓ At least 18 years old
- ✓ Employed with regular income
- ✓ No active defaults or payday loans
- ✓ No bankruptcy or court judgments
- ✓ Acceptable ID and proof of income
Frequently asked questions
1-2 business days
The minimum loan amount at Pepper Money Personal Loan is $5,000.