Rating based on 12 reviews


  • Peer-to-peer loans up to $35,000
  • Low-interest starting from 28.69%
  • Repayment up to 60 months

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Harmoney homepage
Author Harmoney. Screenshot of Harmoney website.
[Accessed May 24, 2023]

About Harmoney

Harmoney is a peer-to-peer lender that has taken both the US and UK by storm.

After spreading to New Zealand and, being received with open arms by locals, the Harmoney brand then set its sights on Australia where they’ve had an excellent early run.

Using tech to bring lower cost loans to Australians

Large banks in Australasia are highly profitable and come in all shapes and sizes – each one promising to do a little better than the next. The problem is that they never really do better and charge excessive rates and fees and that’s where peer-to-peer lenders such as Harmoney come in.

Complete transparency and lots of info

One of the things that truly stands out with Harmoney is the sheer amount of information and the level of transparency they bring to the marketplace lending industry in Australia.

From the rates they offer to the procedures and best practices for non-payment – they’re a lot more forthcoming than other Australian lenders.

If you want to find out more about their quick loans and processes simply visit their website or begin your online loan application today.

Harmoney Services

Harmoney is a marketplace lender that matches borrowers with investors via a simplified, easy and accurate online lending platform.

This allows them to cut out all those high bank fees and lower the interest rates so Australians can benefit from fair, low-rate lending.

As P2P lending was designed to do – Harmoney matches borrowers and lenders on a virtual online platform – cutting out the proverbial “middleman” and bringing better returns for investors and lower interest rates and fees for borrowers.

Financing the little things that truly matter

Harmoney offers personal loans that range from $5,000 to $35,000 for private individuals only. That, unfortunately, means that those looking for a business loan may have to look elsewhere unless they apply for a peer-to-peer loan as an individual and then use that money for business purposes.

Here are a few uses for a Harmoney personal loan:

  • Consolidating debts with high interest
  • Financing a family holiday
  • Refurbishing a kitchen
  • Purchasing furniture and electronics

Harmoney – Peer-to-peer loan

  • Loan Type Peer-to-peer loans
  • Interest Rate from 28.69%
  • Loan Amount up to $35,000
  • Repayment 36 months to 60 months
  • Decision 3 days

Benefits of Harmoney

  • Quick and easy peer-to-peer loans
  • Apply online, it's quick and easy
  • Get your loan fast
  • Get flexible repayment terms

Peer-to-peer loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This peer-to-peer loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Its quick and easy to get a peer-to-peer loan with Harmoney, contact them today

At Harmoney you can get a loan at a comparison rate of just 9.7% and choose between a 3 or 5-year personal loan term.

Harmoney’s loans are designed for personal use and not for business usage but, small business owners are welcome to apply for a loan online in a personal capacity and then use the loan for business purposes.

How Harmoney’s loan process works

As a borrower, you must visit the Harmoney website to apply for a peer-to-peer loan. Here you will have to complete a loan application form and give Harmoney your personal details and tell them how much you want to borrow and for how long.

They will then review your application and either accept you or decline you as a borrower primarily based on your credit history.

If you’re accepted your loan request will then be placed on Harmony's platform where investors will be able to invest their money and therefore fund your loan.

Limitations of Harmoney’s P2P loans

One limitation of Harmony's P2P loans is that those who are looking for a bad credit loan will not find what they’re looking for with this lender.

Those who are blacklisted or are bankrupt will not be able to have their loan request accepted and placed in the marketplace.

Does it matter what you use the money for?

They are not concerned about how you decide to use the money once your peer-to-peer loan has been approved. As long as you meet all their credit requirements, you are welcome to use the money in a manner you see fit.

In essence, they know that they are working with mutual clients who will only be asking for a credit plan to attend to something important. The last thing you want to do is apply for an advance for something that is not of significance or something that can wait until your next payday.

Financial maturity goes a long way as you will never know when you might be looking for credit one day.

Can you apply for two peer-to-peer loans?

If your credit allows you to apply for two credit plans, they will approve your request. The only time they might be unable to assist is when they see that you already have a number of debts you are paying for and can’t handle further expenses.

Give them a call or drop them an email if you are interested in applying for a secondary email and they will attend to your request right away.

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Harmoney is a trusted & reliable provider of peer-to-peer loans

In our review, Harmoney adheres to the compliance criteria in accordance with the National Consumer Protection Act, where the granting the loan will not cause financial distress to the consumer.

✅ Harmoney is a registered credit provider in Australia: ACL 474726

Customer Reviews & Testimonials

November 2018

Harmoney ensured that I get a peer to peer loan that is well suited for my monthly budget.

Mia H
— Sydney —

March 2019

Apply for a Harmoney peer to peer loan was not only easy, but it was also fast and convenient too.

Brian R
— Melbourne —

Harmoney Contact

Physical Address

  • Registered office: Level 12, 1 Pacific Highway North Sydney NSW 2060 Australia
  • Get Directions

Postal Address

  • 389/4 Young Street, Neutral Bay, 2089, Australia

Opening Hours

  • not available