Rating based on 17 reviews


  • Short-term loans up to $10,000
  • Low-interest starting from 11%
  • Repayment up to 36 months

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

About MoneyMe

MoneyMe is a 2016 FinTECH Awards Winner and is one of the most innovative and modern online credit providers in Australia.

Costs tailored to you

One of the things that really stand out about MoneyMe is that they actually consider your credit history and customise your interest rate to your risk profile.

This means that people with good credit can get a low rate and enjoy the benefits of having been responsible for their money when they get a short-term loan.

That’s not all though, MoneyMe also has different charges and rates depending on the personal loan amount that you’re an option for and that’s actually good news! Why? Simply because lending a small amount of money should never cost you as much as lending a large sum of cash like $10,000!

MoneyMe Services

MoneyMe offers short term loans and personal loans from $200 to $10,000 with loan terms ranging from 30 days to 36 months.

Interest rates

From $200 to $2,000 you will be charged an establishment fee ranging from 11% to 20% and 4% of the principal loan amount per month until the loan is repaid

From $2,001 to $5,000 you will be charged a $400 establishment fee and an interest rate of between 11% and 30% per annum. The comparison rate for this loan amount range is between 18.50% and 60.49% per annum.

For loans that range from $5,001 to $10,000 you will be charged an 8% establishment fee and an interest rate of between 11% and 30% with a comparison rate ranging from 12.37% to 36.08% accordingly.

MoneyMe – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate 1130% p/a
  • Loan Amount up to $10,000
  • Repayment 30 days to 36 months

Benefits of MoneyMe

  • Affordable loan terms up to 36 months
  • Interest rates starting from 11%
  • Short-term loans up to $10,000

Short-term loan calculator

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

Apply for an Affordable Personal Loan Online

As an online lender, MoneyMe has pulled out all the stops to make sure that customers can apply quickly and easily with minimal effort and – get their loans fast.

This lender is very transparent as is made evident by their clear and easy-to-understand loan fees and interest rates on their costs page.

If you need a personal micro-loan to pay bills, fix your car, go on holiday, make a large purchase or just to tide you over during an emergency – MoneyMe has the fastest loans and the best service you could find.

Reasons to choose MoneyMe:

  • Get lower rates for good credit
  • You choose how much you want to borrow
  • You choose your own repayment term
  • 100% online loan application
  • Apply in just 5 minutes
  • They use Money Buddy to view your bank statements – no printing or faxing needed
  • Repay early with no penalty fees
  • Complete loan cost transparency

Loan costs

With MoneyMe people with good credit histories will get a lower rate personal loan. How does this work? You will be assigned a number from 1 to 5 based on how good your credit score is and will be assigned an interest rate based on this placement.

While most lenders try to keep their fees, costs and penalty charges a secret – MoneyMe seems to be very open about it.

They will charge the following fees:

  • For loans from $2,001 to $10,000 a debit dishonor fee of $15 and a late fee of $15
  • For loans of $200 to $2,000 a debit dishonor fee of $25 and a late fee of $5 per day

No credit history?

Banks and most alternative lenders will take no credit history as a negative but MoneyMe is different – they take the fact that you’ve stayed out of debt or haven’t required credit yet as a positive thing and will offer you a lower rate on your short-term loan accordingly.

man holding thumbs up

MoneyMe is a trusted & reliable provider of short-term loans

In our review, MoneyMe 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.

✅ MoneyMe is a registered credit provider in Australia: ACL FSP442218

Customer Reviews & Testimonials

October 2018

When I first came across MoneyMe’s website I was astounded by the number of financial options that presented themselves to me. I felt like a kid in a candy store and was amazed by their fairness ...

Darren H
— Darwin —

October 2018

I just turned eighteen and do not yet have a credit history. I was very grateful that MoneyMe gave me the loan that I needed to get started. What makes matters better is I now have the starting o...

Erin P
— Brisbane —

MoneyMe Contact

Physical Address

Opening Hours

  • Monday 08:00 – 19:00
  • Tuesday 08:00 – 19:00
  • Wednesday 08:00 – 19:00
  • Thursday 08:00 – 19:00
  • Friday 08:00 – 19:00
  • Saturday 09:00 – 15:00
  • Sunday 09:00 – 15:00