Debts are so much easier to manage when there’s only one of them.

Around 79% of us have a credit card. And a surprising amount of us have more than one – around 1 in 4 people aged 35–54 hold more than 3 cards1. On top of managing your regular monthly outgoings, that’s a lot of debt stress.

Image of wallet with credit cards

If you’re juggling payments on multiple loans – each with its own interest rates, conditions and balances – you might want to think about consolidating your debts. Debt consolidation just means combining all your existing debts into one simple new debt, with one interest rate and one regular payment. Then you can focus on paying it off as quickly as possible.

And with Pepper Money, the whole debt thing is even less stressful.

What you get with Pepper Money Personal Loans

Get your rate before your apply
Smart: Get your rate before you apply

You can get your individual rate upfront without impacting your credit score.

No early repayment fees
Flexible: No early repayment fees

$0 early repayment fee if you decide you want to pay your loan off faster. Choice of secured or unsecured loans.

Get a decision quickly
Fast: Get a decision quickly

We'll aim to give you a decision within 5 hours. Funds in account next business day. Apply online in 10 minutes or call us.

Personal loan product features

Feature Unsecured Loan
Interest Rate Fixed interest rates range from 8.95%pa - 16.95%pa* (10.56%pa - 18.53%pa comparison rate**)
Easy online application process 10-minute online or by phone (1300 108 794)
Loan Term 18 months to 36 months (<$7,999) and 84 months (>$8,000 to $40,000)
Loan Amount $5,000 - $40,000
Funds paid into your account Next business day following approval (subject to your bank's direct credit processing times)
Repayment Frequency Weekly or Fortnightly
Repayment Facilities Direct Debit
Fees and Charges Loan Establishment Fee | 4% of loan amount, capped at $495

Security Registration Fee* | $20

Account Administration Fee | $13 per month

Early Repayment Fee | $0


For more information about our secured loans and unsecured loans please click here or call us on 1300 108 794.

Popular questions

Our unsecured personal loans range from $5,000 to $40,000, repayable between 18 months to 84 months.

You can use our unsecured debt consolidation loan to consolidate your credit card or other personal loans. We don’t accept loan applications for pay day lender debts, credit arrears or payment of defaults. 

Unfortunately at this time we do not accept applications for personal loan borrowers that have defaults on their credit report.

Yes, however the way our application process works is we first allow you to access your individual rate for free without it affecting your credit score. If you decide to proceed to an application, a credit check will be done.

A credit score is used to represent the creditworthiness of the person. Pepper Money will use credit scores to partly determine who qualifies for a personal loan, at what interest rate, and what credit limits.

Credit bureaus like Equifax use the following credit score groupings:

  • Average = 510-621
  • Good = 622-725
  • Very Good = 726-832
  • Excellent = 833-1200

Not sure where you land? Check your credit score for free by visiting their website here.

Many factors that may impact your credit score can be number of enquiries, adverse credit listings and personal information held on credit file.

Learn more about the common problems that could contribute to a low scores here

For the full FAQs click here.

Get Started 

Looking for a better way to manage your debt?

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Important Information

*Interest rates range from 8.95% p.a. (10.56% p.a. comparison rate) to 16.95% p.a. (18.53% p.a. comparison rate). Rates are correct as at 11 November 2019 and subject to change at any time. The actual interest rate applicable will depend on the individual borrower’s circumstances.

** All Comparison Rates are calculated based on an unsecured loan of $30,000 over a 5 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Pepper Money Personal Loans is a brand of Pepper Group Limited ABN 55 094 317 665, Australian Credit Licence Number 286655. Credit is provided by Wingate Consumer Finance Pty Ltd, Australian Credit Licence Number 425142 as agent for Wingate Finco 2 Pty Limited ACN 164 213 030.. All applications are subject to the credit provider’s credit criteria. Terms, conditions, fees and charges apply. Personal information for Pepper Money Personal Loans is collected, used and disclosed in accordance with Pepper’s Privacy Policy & the credit provider’s Privacy Policy.

Help at hand

For more of your questions answered visit our Help Centre.