Rating based on 22 reviews

Society One

  • Personal loans up to $50,000
  • Low-interest starting from 6.39%
  • Repayment up to 5 years

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Society One homepage
Author Society One. Screenshot of Society One website.
[Accessed May 2, 2023]

Society One – Financial help when you need it most

Society One has been in operation for more than 5 years. In that 5 years, we have ensured that we help every Australian that knocks on our door asking for financial help during a tough time.

We know how difficult it is looking for a quick loan and having to fill several forms just to be told that “you don’t meet our requirements”. Society One is a financial services provider that is always willing to help clients with their personal loan no matter what obstacle the customers may encounter.

Providing more than $450 million in advances

It is hard to believe that a company as young as Society One has given more than $450 million in personal loans to customers in the past 5 years. However, to us it is not surprising, we have ensured that we go above and beyond for our clients because we know how it feels to feel like you have nowhere to run to during a dark time.

Grow our customer database to 100 000

We have been that we are too optimistic about striving to have at least 100 000 customers in the next five years. However, with the kind of service that we deliver, we know that it will not be too difficult to reach our target.

When you work with people and you give them exactly what they want, they will support your product and services and we have had happy clients, so we have no doubt that we will achieve our set goal.

Loans that start from $5000 up to $50 000

The quotation will give you a better perspective of the quick loan you can qualify for. There is also no effect on your credit score.

Therefore, getting the quote will not change your future applications. You will still be considered if you meet all the requirements. It is good to know that the quotation doesn’t change your financial records with us.

Loan application and bidding

After you have been given a quotation and you know have an idea of how much money you are looking into having, you can then proceed with the online loan application and the investors will tender to fund your loan. Essentially, should you find a reasonable investor that you can afford and isn’t too pricey on the refunds, you can opt to have a loan with that specific investor.

The money will be available in your bank account

If both parties are happy with the terms and conditions of the loan agreement, the money will be deposited in your bank account and made available for your disposal within 3 days of agreeing to the terms of your loan agreement. It is important that you accept your loan agreement because that is the only way the money will be deposited in your preferred bank account.

Depending on the bank you use and the time the personal loan was accepted, the money may take a few hours to reflect or one or two business days. After this process, you can then make use of the money for your own needs.

Society One – Personal loan

  • Loan Type Personal loans
  • Interest Rate 6.399.51% p/a
  • Loan Amount up to $50,000
  • Repayment 2 years to 5 years

Benefits of Society One

  • Flexible loan options
  • Get the lowest interest rates

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Society One – We make getting a loan stress free

How much can I borrow and for how long?

We have personal loans that start from $5000 up to $50 000. The repayment terms also differ between 2, 3 and 5 years.

First time members will get a loan that is slightly lower than $5000 until we have seen their payment patterns. After we have seen how you are paying your short-term loans as a client, we will generally increase or decrease your loan repayments. Therefore, if you want to develop a great relationship with Society One, ensure that you don’t skip your payments and you pay us on time to ensure that your credit record is consistent and without flaw.

Will I be charged an early repayment fee?

Fortunately for our clients, we don’t charge any fees for paying their loan before time. We applaud it instead of asking for fees. Therefore, if you have the money at your disposal, you don’t have to wait for the date of your scheduled payment.

How do I make repayments?

Payments can be made through a direct debit system that makes things easier for all parties. The client can also choose to make payments on a monthly or fortnightly basis.

Can I choose or change my repayment date?

Yes, if you wish to change your online loan repayment date maybe schedule it a bit sooner or later, you can do so by contacting us on 1300 144 221 and we will make the necessary changes for you.

What if I can’t make a payment?

If you have problems paying your payment, you have to notify us on time. Don’t wait for the day of your scheduled payment because we might take it as a missed payment. You will still be liable for penalties because you wouldn’t have stayed faithful to your payment schedule.

How to qualify for a personal loan at Society One?

  • Clients must be 21 years or older
  • Clients must earn more than $30 000 on a yearly basis. Centrelink benefits can only be considered if they are secondary means of an income
  • Clients must be an Australian citizen or a permanent occupant of Australia
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Society One is a trusted & reliable provider of personal loans

In our review, Society One adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.

✅ Society One is a registered credit provider in Australia: ACL 423660

Customer Reviews & Testimonials

I was in search of a fast solution to a financial problem I had. Society One offered me exactly that. I was able to apply for my loan and get the money all in the same day.

Kent C
— Sydney —

I needed an emergency loan when my dog was hit by a car, her vet bills were more than I could afford at the time so I needed to make a plan to get my hands on some more money. I applied for a per...

Shinaaz M
— Perth —

Society One has truly lived up to its reputation of being a reliable lender that pays out loan requests fast. I have never been more pleased with a lender than I am with them.

Xavier B
— Melbourne —

SO is ridiculously fast at processing loan applications and making sure that the loan amount is transferred to the accounts of the applicants. I have used them 3 times now and they never disappoi...

Taniel S
— Darwin —

Society One Contact

Physical Address

Postal Address

  • G.P.O. Box 5175, Sydney, NSW 2001, Australia

Opening Hours

  • Monday 08:00 – 18:00
  • Tuesday 08:00 – 18:00
  • Wednesday 08:00 – 18:00
  • Thursday 08:00 – 18:00
  • Friday 08:00 – 18:00
  • Saturday – Closed
  • Sunday – Closed