Personal loans up to $10,000 and up to $30,000 with security on your loan1
A personal loan from Money3 may be used to assist with study & educational expenses.
Educational expense loans can be used for many purposes, for yourself or your kids. Common purposes include school books and uniforms, school trips or specialist equipment and laptops. Whether the loan is for yourself or your children, a study loan may also be used for course fees, equipment or even travel in some cases.
1. Subject to verification, suitability and affordability
Borrow | Costs | Repay |
---|---|---|
$5,000 | $2,110 | $7,110 |
24 Months at 16.95% APR & 37.39% Comparison Rate | ||
$7,500 | $5,042 | $12,542 |
24 Months at 16.95% APR & 37.79% Comparison Rate | ||
$10,000 | $6,247 | $16,247 |
36 Months at 16.95% APR & 35.44% Comparison Rate | ||
EXAMPLE: A platinum unsecured personal loan of $5,000 for 24 months has fees and charges totalling $2,109.60 and a total repayment of $7,109.60. The Minimum loan term is 12 months and the Maximum term 24 months. The term will be 24 months if you repay monthly, 52 fortnights or 104 weeks. The Maximum APR is 16.95%. The Comparison Rate, based on a loan of $5,000 over two years, is 37.39%.
EXAMPLE: A platinum secured personal loan of $25,000 for 60 months has fees and charges totalling $14,850.43 and a total repayment of $39,850.43. The Minimum loan term is 24 months and the Maximum term 60 months. The term will be 60 months if you repay monthly, 130 fortnights or 260 weeks. The Maximum APR is 13.95%. The Comparison Rate, based on a loan of $25,000 over five years, is 20.38%. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Please Note: Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases. |
Borrow | Costs | Repay |
---|---|---|
$5,000 | $2,521 | $7,521 |
24 Months at 22.95% APR & 43.88% Comparison Rate | ||
$7,500 | $6,017 | $13,517 |
24 Months at 22.95% APR & 44.03% Comparison Rate | ||
$10,000 | $7,534 | $17,534 |
36 Months at 22.95% APR & 41.71% Comparison Rate | ||
EXAMPLE: A silver unsecured personal loan of $5,000 for 24 months has fees and charges totalling $2,520.67 and a total repayment of $7520.67. The Minimum loan term is 12 months and the Maximum term 24 months. The term will be 24 months if you repay monthly, 52 fortnights or 104 weeks. The Maximum APR is 22.95%. The Comparison Rate, based on a loan of $5,000 over two years, is 43.88%.
EXAMPLE: A silver secured personal loan of $25,000 for 60 months has fees and charges totalling $20,883.12 and a total repayment of $45,883.12. The Minimum loan term is 24 months and the Maximum term 60 months. The term will be 60 months if you repay monthly, 130 fortnights or 260 weeks. The Maximum APR is 19.95%. The Comparison Rate, based on a loan of $25,000 over five years, is 27.39%. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Please Note: Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases.> |
Borrow | Costs | Repay |
---|---|---|
$5,000 | $2,661 | $7,661 |
24 Months at 28.00% APR & 46.04% Comparison Rate | ||
$7,500 | $6,352 | $13,852 |
24 Months at 28.00% APR & 46.12% Comparison Rate | ||
$10,000 | $7,977 | $17,977 |
36 Months at 28.00% APR & 43.82% Comparison Rate | ||
EXAMPLE: A bronze unsecured personal loan of "5,000 for 24 months has fees and charges totalling 2,660.80 and a total repayment of $7,660.80. The Minimum loan term is 12 months and the Maximum term 24 months. The term will be 24 months if you repay monthly, 52 fortnights or 104 weeks. The Maximum APR is 24.95%. The Comparison Rate, based on a loan of $10,000 over three years, is 46.04%.
EXAMPLE: A bronze secured personal loan of $25,000 for 24 months has fees and charges totalling $25,625.34 and a total repayment of $50,625.34. The Minimum loan term is 24 months and the Maximum term 60 months. The term will be 60 months if you repay monthly, 130 fortnights or 260 weeks. The Maximum APR is 24.95%. The Comparison Rate, based on a loan of $25,000 over five years, is 32.59%. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Please Note: Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases. |