Personal loan products

Available via Pepper Money?

Fixed rate personal loan

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Variable rate personal loan

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Low credit personal loan

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Personal loan for cars

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Secured personal loans

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Pepper Money’s personal loans are flexible in nature, and can be used for anything from a renovation, a wedding, a holiday or another big life expense. They can also be used to finance vehicles such as boats, other watercraft, or caravans.

Applicants can borrow anywhere from $5,000 to $50,000, with a maximum loan term of 7 years. Interest rates are fixed, and borrowers can choose between either a secured or unsecured loan. The application process can take as little as 10 minutes and funds can be in your account in a day, depending on your financial circumstances and if all documentation has been satisfied.

Pepper Money Personal Loan Features

Pepper Money loans come with a range of features designed to provide flexibility and convenience:

  • Fast Approval: Quick decision-making processes to ensure borrowers can access funds promptly. The application can be completed in less than 5 minutes, and a decision reached in less than a day.

  • Customer Service: Dedicated support teams that assist borrowers throughout the loan application and repayment process.

  • Personalised Rate: Rates are personalised, and you can discover yours with a quick online estimate at Pepper. They are credit score-based, meaning the better your score, the better your rate.

  • No Fees: Pepper doesn’t charge any fees commonly associated with personal lending. This includes loan establishment, admin, early repayment, or security registration fees.

Eligibility Criteria

To be eligible for a Pepper Money personal loan, applicants must:

  • Be an Australian citizen or permanent resident, 18 years or older.

  • Have no defaults or active payday loans.

  • Not be bankrupt or have court judgments.

  • Use Centrelink as secondary income if applicable.

  • Seek a loan between $5,000 and $50,000, with repayment terms from 18 to 84 months.

  • Be employed and not on probation.

  • Provide acceptable ID, proof of income, and address, including:

    • Acceptable identification (e.g., driver's license, passport)

    • Proof of income (e.g., recent payslips, bank statements)

    • Proof of residence (e.g., utility bills)