Personal Loans
Updated: 14. 04. 2026
OurMoneyMarket Personal Loan – review 2026
Pros
- High maximum loan of AUD 75,000 for qualified borrowers
- Rates capped at 20.99% p.a. lower than many rivals
- No monthly fee
- Terms from 12 months for short-term borrowing
- No early repayment penalty
Cons
- Establishment fee of AUD 250 applies
- Lower credit tiers may not qualify
- Less well known than ASX-listed competitors
- Rates above 15% p.a. for mid-tier credit profiles
- Limited brand recognition compared to major fintech lenders
OurMoneyMarket Personal Loan Review
OurMoneyMarket (OMM) is a non-bank personal lender offering loans from AUD 2,000 to AUD 75,000, one of the higher maximum amounts in the non-bank segment. Terms range from 12 to 84 months.
Rates start at 6.57% p.a. and extend to 20.99% p.a. The lender targets borrowers with good to excellent credit and applies a risk-based pricing model. An establishment fee of AUD 250 applies.
Fees and Charges
Establishment fee: AUD 250. Monthly fee: nil. No early repayment penalty.
Requirements
- Australian citizen or permanent resident
- Minimum age 18 years
- Minimum income AUD 30,000 p.a.
- 100 points of ID required
- Good to excellent credit history typically required
Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.