Our Money Market Personal Loans: The Real Current Rate, and What Customers Actually Say

August 24, 2026 3 Min Read

Our Money Market personal loans get a strong overall rating. But one popular review guide shows a rate that’s higher than what’s actually on offer right now. Here’s the real current rate, every fee, and what genuine customer reviews reveal.

Quick Answer: Our Money Market Personal Loans

OurMoneyMarket’s lowest current interest rate is 5.95% per annum, not the 6.57% some review guides still show. Rates run up to 18.99% per annum. The exact rate depends on your credit profile. Loan amounts run from $5,000 to $100,000, over 1 to 7 years. The establishment fee is 0-6% of the loan, and there are no ongoing account-keeping fees. Customers rate OurMoneyMarket 4.6 out of 5 across 1,404 reviews, though several mention limited phone support hours.

Our Money Market Personal Loans: The Real Current Rate and Fees

The lowest rate is 5.95% p.a. That’s for borrowers with an excellent credit profile.
Rates run up to 18.99% p.a. Your actual rate depends on your credit history and the loan amount.
The comparison rate range is 5.95% to 21.78% p.a. This includes fees, giving a more accurate picture of the true cost.
One popular review guide shows a higher figure. It lists the lowest rate as 6.57%, a figure that’s now out of date. Always check a fresher source before applying.

Every Fee, In One Place

The establishment fee ranges from 0% to 6%. It’s charged once, based on your loan amount and credit profile.
There are no ongoing account-keeping fees. You won’t pay a monthly fee just to hold the loan.
A late payment fee applies if you miss a repayment. It’s $35 per missed payment.
A direct debit dishonour fee is $25. This applies if a scheduled payment fails to go through.
A loan variation fee is $35. This applies if you request a change to your loan terms.
A document production fee is $25. This covers reissuing paperwork if needed.
A loan cancellation fee is $150. This applies if you cancel after the loan has been set up.

Loan Amounts and Terms

Borrow between $5,000 and $100,000. That’s the full range OurMoneyMarket offers.
Terms run from 1 to 7 years. Choose a term that balances your monthly repayment against total interest paid.
Both secured and unsecured loans are available. A secured loan (using an asset like a car) usually earns a lower rate.
No early repayment fees apply. You can pay off your loan faster without a penalty.

What Real Customers Say

The overall rating is strong. 4.6 out of 5 stars across 1,404 ProductReview reviews, with 88% positive sentiment.
Approval speed gets consistent praise. Multiple reviewers mention funds settling within 24 to 48 hours.
Staff responsiveness is a common highlight. Reviewers often name specific team members for fast SMS-based support.
Contact hours are a common complaint. OurMoneyMarket operates phone support from 11am to 4pm, which some customers find too limited.
Phone queue times frustrate some reviewers. A number of complaints mention long waits to get through by phone.

Who OurMoneyMarket Suits

Borrowers with a strong credit history get the best rate. The 5.95% lowest rate is reserved for excellent credit profiles.
Anyone wanting a fast turnaround. Reviewers consistently report quick approval and settlement.
Borrowers who prefer SMS or online contact over phone calls. Given the limited phone hours, this may suit your communication style better.
Anyone comparing against a fresher source. Cross-check the rate you’re quoted against OurMoneyMarket’s own current figures, not an older review guide.

FAQ: Our Money Market Personal Loans

What is OurMoneyMarket’s lowest interest rate?
5.95% per annum for borrowers with an excellent credit profile. Some older review guides still show a higher, outdated figure.

What fees does OurMoneyMarket charge?
An establishment fee of 0-6% of the loan amount, with no ongoing account-keeping fees. Additional fees apply for late payments ($35), dishonours ($25), loan variations ($35), and cancellations ($150).

Is OurMoneyMarket a legitimate lender?
Yes. It has a genuine 4.6 out of 5 rating across 1,404 ProductReview reviews, with 88% positive sentiment.

How fast does OurMoneyMarket approve loans?
Many reviewers report approval and fund settlement within 24 to 48 hours.

What’s the biggest complaint about OurMoneyMarket?
Limited phone support hours (11am-4pm) and phone queue times are the most commonly mentioned issues in customer reviews.