Australia's Money Matchmaker® - Loan Matchmaking

Compare the cheapest personal loan rates in 60 seconds

Using technology Money Matchmaker® matches you to the lowest rates you qualify for from a pool of top lenders. So you can find the one.

Best Match Guarantee
Best Match Guarantee
Australia's Money Matchmaker matching you with your best loans across multiple lenders
Money Matchmaker® is full of data, lender rules and a constantly improving algorithm, to help you find the lender and money that you're looking for.

Money Matchmaker® promises

1
Personal loan rates from 11 lenders in 60 seconds with Money Matchmaker
Real rates, not click bait

Compare only loan rates that you qualify for with your answers matched to lender rules.

2
Money Matchmaker puts you in control of your loan choices
You're in control

See all your options. Get the facts. Choose the loan that works best for you.

3
Money Matchmaker saves you time looking for your loan
Save time

All the research, analysis and shopping around with lenders is compiled for you.

4
Money Matchmaker is 100% free to use
100% free

No broker fees, ads, sponsored rates. Lenders get charged for the service if you take a loan.

5
Money Matchmaker shows you personal loan rates unique to you
No risk

Matching doesn't impact your credit score, at all. And there are no phone calls.

6
Money Matchmaker stops you overpaying on your loans
Facts checked

Using industry leading credit score and bank statement services to accurately match you.

Australia's Money Matchmaker matching you with your best loans across multiple lenders
Money Matchmaker® is so sure they can find your best match, they offer a $200 money back guarantee.

How Money Matchmaker® works

Give Money Matchmaker® a try

GET MATCHED

Money Matchmaker®'s different

Money Matchmaker® works with you and for you.

  • Rate comparison sites only show you low risk rates hardly anyone qualifies for. Money Matchmaker® only shows you pre-qualified rates that match your answers.
  • A broker can add up to $1000 to your loan for their service. Money Matchmaker® charges the lender only.
  • Applying for rates with each lender can affect your credit score. Money Matchmaker®'s credit check leaves your score intact.
Money Matchmaker

Meet your potential personal loan matches

Meet Plenti
  • No Early Repayment Fees
  • No Monthly Fees
  • Get Funds 24 Hours From Approval
Meet OurMoneyMarket
  • No extra repayment or early exit fees
  • Funding approved in 24 hours
  • Up to $75,000 loan amount
Meet Society One
  • No ongoing fees
  • No monthly fees
  • No Deposit Required
Meet Now Finance
  • Get a guaranteed, personalised rate in 2 minutes
  • Apply online in under 10 minutes
  • Weekly and fortnightly repayments
Meet Fair Go
  • Build your credit score by making timely repayments
  • Once approved, loans are funded in minutes
  • Flexible repayments; weekly, fortnightly, monthly options
Meet Wisr
  • Same day decisioning
  • No admin, early repayment or "risk" fees
  • Support from real people
Meet Finance One
  • Pay your loan out early with no fees
  • Change payment dates and frequency at any time
  • Make extra repayments at any time
Meet Jacaranda
  • Apply in under 8 minutes
  • Once approved, cash transferred in 60 seconds
  • No early termination fees

Get matched in 60 seconds

GET MATCHED

What's the cheapest personal loan?

Written by

Shaun McGowan

Reducing the amount of interest you pay is one of the easiest ways to get a cheaper personal loan, and there are a few other ways to reduce the total cost of your loan and your total amount of debt.

Here are 3 simple things you can do to make it happen

Choose a shorter term

The shorter your loan term is, the less interest you’ll pay. Choosing the shortest term possible which you can afford to meet repayments on will help reduce the total number of payments, and the total amount of interest charges.

The best loan terms with Money Matchmaker

Make extra repayments as soon as possible

Your regular loan repayments cover both the principal amount and the interest charges. At the start of your loan, your payments will mostly cover interest charges, while at the end of your loan, you’ll mostly be reducing your principal amount.

Extra repayments only reduce the principal balance. The sooner you can make extra repayments on your loan, the more you can save on interest charges - just make sure you can make extra repayments without incurring additional fees!

Pay off your defaults to improve your credit rating

Secure a low-fee or no-fee loan

Paying fewer - or lower - personal loan fees can free up cash to make extra repayments. Look closely at all personal loan fees such as late-payment fees, extra payment fees, or early break fees.

Fees on loans to be aware of

Comparing loans

The best way to find the right loan for your goals is to shop around and compare loans. This can be hard and time consuming, and time is money. We recommend using our Money Matchmaker ™ engine which will check against 11 lenders in 60 seconds.

Shop around for a personal loan and save thousands with Money Matchmaker

Choosing a personal loan is easy

Choosing the right loan for your unique circumstances can be more complicated. Getting a personal loan that isn’t right will mean paying more money over time than you need to.

For example, if you wish to purchase a car, you might want to see if you qualify for a secured car loan, not a personal loan that you will use to buy a car. While they may sound like very much the same product, they are not:

  • A secured car loan uses the entire loan amount to finance the vehicle and uses the vehicle as security on the loan amount.
  • A personal loan provides funds for you to use for any purpose - such as buying a vehicle or consolidating debt - it does not require collateral.

You can still buy a car using either, but a personal loan may cost you much more if you are only buying a car.

The right personal loan can save you $1,000s

FIND YOUR CAR LOAN

About the Author

Shaun McGowan from money.com.au

Shaun

McGowan

Shaun McGowan

Shaun is the founder of Money.com.au and is determined to help people pay as little as possible for financial products. Through education and building world class technology. Previously Shaun co-founded CarLoans.com.au and Lend.

*Information about comparison rates Comparison rates are designed to allow borrowers to understand the true cost of a loan by taking into account fees and charges, the loan amount and the term of the loan. The comparison rate is based on an unsecured fixed rate personal loan of $10,000 over 3 years. WARNING: Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.

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Disclaimer

Money Pty Ltd (trading as Money.com.au) provides information about credit products and is authorised to do so as the holder of Australian Credit Licence 528698. Money.com.au does not compare every Lender in Australia. We are not a broker or credit provider and when we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product. When you apply for a credit product via the Money.com.au website, you are not applying with us, you are applying directly with a Lender Partner. Before entering into any credit product from one of our Lender Partners, you should confirm the rates and product information with the Lender. All information on this website is general advice only and does not take into account your objectives, financial situation or needs. You should consider whether this advice is right for you and we encourage you to seek independent financial advice.