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Harmoney Unsecured Personal Loan
Get customized interest rates with no monthly charges or early repayment penalties. Establishment fees apply.
Three Key Features of This Loan:
Customized Interest Rate – Your rate is tailored based on your risk profile.
Fixed Interest – Enjoy consistent monthly interest charges throughout the loan term.
Zero Monthly Fees – No ongoing charges, keeping your loan cost-effective.
Interest Rate (p.a.)
5.76% to 24.03%
Comp. Rate (p.a.)
6.55% to 24.98%
Min Loan Amount
$2,000
Pros.
Competitive, Tailored Rates – Get a rate suited to your profile.
Borrow Up to $70,000 – Flexible loan amounts to meet your needs.
Unsecured Loan – No collateral required.
Cons.
Limited Repayment Flexibility
Upfront Fee of $275/$575
Details
Product Details
Product Name
Harmoney Unsecured Personal Loan
Interest Rate (p.a.)
5.76% to 24.03%
Comp. Rate (p.a.)
6.55% to 24.98%
Interest Rate Type
Fixed
Min Loan Amount
$2,000
Max. Loan Amount
$70,000
Loan Security
Unsecured
How the Harmoney Personal Loan Works
Harmoney offers an unsecured personal loan with tailored interest rates based on your financial profile. Your rate can range from 5.76% p.a. to 24.03% p.a. The primary cost, aside from the interest rate, is the one-time establishment fee.
Eligibility criteria
To qualify for the loan, you must:
Be 18 years or older
Be an Australian citizen, permanent resident, or a New Zealand citizen
Have a stable source of income
Be employed full-time or in a permanent part-time role
Maintain a clear credit history, with no defaults, judgments, or bankruptcies.
How to Apply
You can apply online through the Harmoney website. Sign up using your Google or Facebook account, or register with your email address. To complete the application, you'll need to provide photo ID, such as an Australian driver’s licence or passport. Having these documents ready will help speed up the process.
Features of this loan
Unsecured Loan – No need to provide an asset as security.
Fixed Interest Rate – Enjoy consistent repayments throughout the loan term, making it easier to budget and plan.
Personalized Rates – Your interest rate is tailored to your risk profile, influenced by factors like employment stability, type of residence, financial behavior, and demographic profile. A lower risk profile means a lower rate, while a higher risk profile may lead to a higher rate.
Flexible Loan Terms – Choose from loan terms of 3, 5, or 7 years.
No Early Repayment Fees – Pay off your loan early with no penalties.
No Monthly Fees – Benefit from no monthly or annual service charges.