RateSetter awarded Canstar 5 star rating for the second year running

We are thrilled to have been awarded Canstar’s coveted ‘5 Star’ rating for our low rate personal loans. It’s the second year in a row that we’ve been awarded this prestigious rating and RateSetter is the only peer-to-peer lender to achieve such an award.

Canstar Outstanding Value Personal Loan 2015-2016 Award

In awarding the maximum five stars, Cantar highlighted the outstanding value RateSetter offers its loan customers, with the award judges noting: 

“RateSetter has built on its 2015 success, once again achieving a Canstar 5 star rating for outstanding value, for its fixed-rate unsecured personal loan. RateSetter only launched to the Australian public in late 2014; this is the second year that RateSetter’s loans were eligible to be assessed for Canstar’s personal loan ratings and the second year that a five star rating has been achieved.”

Peer to peer lending is becoming well-established in Australia and we congratulate RateSetter on being a market leader.”

Our CEO, Daniel Foggo commented, “This five-star rating is a real endorsement for our business, recognising the value, convenience and seamless customer experience we offer borrowers.”

“By using clever technology to cut out the costs and inefficiencies of traditional lenders, we give consumers and businesses a faster, better deal with comparison rates that can be up to 8% lower than the ‘big 4’.”

This information does not constitute financial advice and you should consider whether it is appropriate to your circumstances before you act in reliance on it. Any opinions, forecasts or recommendations reflect the judgement and assumptions of RateSetter as at the date of publication and may later change without notice.