RateSetter personal loans from 6 months to 2 years are variable rate loans. Each monthly payment remains the same except the final repayment, which can vary depending on the interest rates set by RateSetter lenders during the term of the loan.
The estimated final payment can be viewed at any time by logging in to your RateSetter account, and we provide you with monthly updates.
RateSetter personal loans from 3 to 5 years are fixed rate loans. The rate is fixed for the entire term and you will repay the same amount each month except for the final payment, which can vary slightly to take into account rounding across the term of the loan.
Why borrow with RateSetter?
Our comparison rates are very competitive, we have no early repayment fees and your loan is easily managed online. Add that to the speed of our application process and our helpful Australia-based customer service team, and we think it's a compelling proposition.
How long will it take for personal loan funds to reach my account?
The first step in your RateSetter journey is to get a RateEstimate. This takes 1 minute, and is completely without obligation. If you like what you see, complete a full application online in minutes.
After submitting your application, if you have provided all the information we require we can ordinarily provide a lending decision within 1 working day.
Funds will typically be transferred to your account on the next business day after you have accepted the loan terms and conditions.
† Lender rates are displayed on an annualised basis and net of applicable fees, based on last matched rates. Lender rates may assume payments received are continually reinvested at the stated rate and assume your investment is protected by the Provision Fund in the event of any borrower late payment or default, however, there is no guarantee nor warranty as to any protection from the Provision Fund. See our Product Disclosure Statement for further details.
The information contained on this website should not be taken as financial product advice and has been prepared as general information only without consideration for your particular investment objectives, financial circumstances or particular needs. You should read the RateSetter Lending Platform Product Disclosure Statement before making any decision about your investment choices. Information on this website is intended for residents of Australia only.
By accessing or using this website or the RateSetter Lending Platform you agree to be bound by our Terms and Conditions.
RateSetter Australia RE Limited ABN 571 666 466 35 holds Australian financial services licence number 449176 and Australian credit licence number 449176. Read more about our legal compliance.