OurMoneyMarket operates off a lower operating cost model than many of the traditional bank lenders. These savings are effectively passed onto borrowers in the form of lower rates.

No. We do not share any information with investors that would allow them to identify who you are. They will only be provided with demographic information about you, your financial information and historical credit performance.

Yes. Please contact us on 1300 990 115 or email info@ourmoneymarket.com to discuss how.

Your Loan Offer will set out your contractual loan obligations including your scheduled repayments. In the event you wish to make a change to the repayment schedule, please contact 1300 990 115 or email info@ourmoneymarket.com

OurMoneyMarket offers you repayment flexibility with the options of weekly, fortnightly or monthly loan repayments. All scheduled loan repayments must be made via direct debit.

If you wish to make any additional loan repayments ahead of schedule or pay off your loan completely, please login to your personal borrower dashboard and select 'Transfer Funds'. You will be provided with BPAY details for your account. If you then log into your internet banking account, you can make an additional loan repayment on your OurMoneyMarket loan by using these details.

If you are experiencing financial hardship and are having difficulty meeting your scheduled loan repayments, please contact us as soon as possible on 1300 990 115 or email us at info@ourmoneymarket.com

Yes, absolutely. You can pay off your loan at any time without incurring any penalty or fees.

Also, you can also make additional repayments ahead of schedule, without any penalty or fees. To be eligible for an unsecured personal loan with OurMoneyMarket you must at a minimum satisfy the following:

• You are an Australian citizen or permanent resident;
• You are aged 18 years or older;
• Your gross income is greater than or equal to $25,000 per annum;
• You have an acceptable credit history with OurMoneyMarket's credit bureau of choice, as determined at OurMoneyMarket's discretion;
• You are not in hardship with another financial provider;
• There are no undischarged bankruptcy listings on your credit file

So that we can finalise your application, and comply with responsible lending standards, we are required to verify all income and expenses. You can do this by submitting your latest bank statements via the secure Illion Bank Statement service (learn more here: https://bankstatements.com.au).

When you submit statements using the secure Illion Bank Statements service, we will receive the last 3 month bank statements electronically for all bank accounts held under your name with that bank.

Illion will be provided with read-only access. Neither Illion or OurMoneyMarket are able to transact on your bank account.

We only obtain access to your bank statements in order to assist in the credit assessment process of your loan application.

There are two options:

1. You can provide your internet banking credentials through the Illion gateway. This is a safe and secure gateway in which your internet banking credentials will be encrypted and passed to your bank so that we can be provided with details of your recent transaction history. Your credentials are then permanently deleted. If you are still concerned about the security of internet banking password, you can simply change your password after using the service.
2. You can manually upload your last 3 months’ bank statements. This however will increase the time in which you will receive a decision on your loan application and also incurs a manual assessment fee.

Scroll below and access our loan calculator to find out the estimated repayments on your loan weighed against the amount you want to borrow and how long you need to make all your repayments.

With our online platform, you can easily stay on top of your upcoming payments, access payment information, and find peace of mind knowing you’re taking back control of your finances.

Any form of debt you’re looking to pay off or bring multiple smaller debts into the one-off personal loan. With access up to $75,000, debts of all kinds can be covered with OMM.

We offer personal loans for covering multiple uses you may need, using our unsecured personal loan service. Our debt consolidation loans have a fixed interest rate, and you choose a loan amount and loan term that you can comfortably repay.