Plenti Personal Loan – review 2026
Pros
- ASX-listed lender with strong governance and public reporting
- Competitive rates from 6.57% p.a.
- Loan terms up to 84 months
- Open Banking integration for faster assessment
- No early repayment fee
Cons
- Establishment fee of AUD 399 applies
- Minimum 36-month term
- Maximum AUD 50,000 lower than some competitors
- Rates up to 24.09% p.a. for lower credit tiers
- Soft enquiry still records in some circumstances
Plenti Personal Loan Review
Plenti (formerly RateSetter Australia) is an ASX-listed lender offering personal and car loans funded through retail investors and institutional sources. Personal loans are available from AUD 2,000 to AUD 50,000 with terms from 36 to 84 months.
Rates range from 6.57% p.a. to 24.09% p.a. (comparison rate 7.19% p.a. to 24.79% p.a. based on a AUD 30,000 loan over 5 years). The platform uses Open Banking data where consent is given to accelerate income and expense verification.
Fees and Charges
Establishment fee: AUD 399. Monthly fee: nil. No early repayment penalty.
Requirements
- Australian citizen or permanent resident
- Minimum age 18 years
- Minimum income AUD 25,000 p.a.
- 100 points of ID required
- No undischarged bankruptcy
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.