Personal Loans

1. Get your rate estimate  - Answer 10 quick questions to see your personalised interest rate estimate in as little as 60 seconds, without impacting your credit score.
2. Submit your application - This can be done in as little as 10 minutes. Once we have received all relevant documents, you could be approved in as quickly as 1 business day. If needed, we'll contact you for further information.
3. Get your funds - Once approved and accepted, you can receive your funds in as little as 24 hours.   

To qualify for a Plenti personal loan, you must meet the following criteria:

• Age: 18 years or older
• Citizenship: Australian citizen or permanent resident
• Income: earn over $25,000 annually from a verifiable, regular income source
• Credit history: maintain a good credit history

When applying for a Plenti personal loan, you'll typically need the following documents:

1. Proof of Identification: An Australian driver's license or passport
2. Income Verification: Bank statements, or tax returns to demonstrate your income if you are self-employed.

Plenti offers a personal loan ranging from $5,000 to $50,000. Your borrowing limit can be affected by your credit score and disposable income.  

Your interest rate may vary depending on the type of loan you apply for. Our Fixed personal loans feature fixed interest rates, so the repayment amount stays the same throughout the life of the loan. These loans can have terms of 3-7 years. On the other hand, variable rate loans have terms of 1-2 years, but your rate could change during the term of your loan.

• Tuition for Bachelor, Masters, PhD, TAFE, higher education and specialised courses
• Living expenses, including accommodation and food 
• Equipment, training and other educational tools 
• Additional expenses not covered by scholarship or government funding