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Plenti Personal Loan
4.7 from 2,754 reviews · View Statistics
Listing monitored by Plenti

Pros

Helpful, efficient customer service
Straightforward application process
Reasonable interest rates

Reviews

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TJ Low
TJ LowHunter Region, NSW
  • 10 reviews
  • 7 likes

Quick & Easy, good customer service but not flexible with payment frequency & date.

published

Quick & Easy, good customer service but 1 star off for not being able to choose what frequency or day you want your direct debit to come out, they have a set monthly date no ifs or buts about it.

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  • Verified

Really is as easy as they say

published

After wasting over an hour of my time to get a loan from my "big 4 bank" whom i have been with for over 10 years now just to be declined, i was very impressed with how quick and easy the process was at plenti. This is the second time i have gone through plenti for a loan and my experience was even better this time round. From application to funds in my account took less than 12 hours. Application took me no more than 10 minutes to complete too! Thought my rate would be lower than what i actually got after applying but the quality of service makes up for that slight inconvenience in my situation. Would encourage anyway who needs a quick loan to give plenti a shot. I know i definitely will again in the future

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RustyStainless
RustyStainlessSouth East Queensland, QLD
  • 2 reviews
  • 1 like
  • Verified

Simply... it just works like it should!

published

I can get over how straight forward the process was. Did the application on my phone while on the bus on the way to work. Addition bank statements done online. Once loan was approved, the setup of direct debit repayment and payment of loan funds was so seemless. Love it.

  • Customer Service
  • Application Process
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  • Verified

Awesome

published

Customer service was excellent and helpful. Approved within the hour.

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Christopher
ChristopherPerth, WA
  • Verified

Awesome service so fast

published

Fast service like how you don’t have to do fast

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Sharon
SharonRichmond-Tweed, NSW
  • 2 reviews
  • Verified

Great rates! Efficient service

published

Customer service staff were always very helpful. Rates were very competitive. After application process was complete I received my funds in 4 hours!!! Would highly recommend this company

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Alvin
AlvinPerth, WA
  • 2 reviews
  • 2 likes

Competitive rates and no early exit fees, but...

published

Got a great rate the car dealership tried to beat and talk me out of as though I was taking a risk but couldn't come close to Plenti's offer with their confusing extra fees. And I'm glad they were wrong. No issues with Plenti.

It's true that you don't get charged to pay your loan upfront.

However, I wish it was similar to Buy Now Pay Later services where you can pay for an instalment(s) upfront and then not have to pay for the next couple of months. That's holding them back from absolute perfection in my opinion

  • Customer Service
  • Incentivised Review No
  • Loan TypeFixed Rate
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David
DavidFar North Queensland, QLD
  • Verified

Great service with very little waiting time

published

Hi, I’m very happy with the service I got, as a existing customer I wanted a top of my loan. I did all on line and the loan was approved in a few hours and I received the in my account approximately 8 hours later. So easy, thanks plenti.

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Storm T
Storm TSouth East Queensland, QLD
  • 8 reviews
  • 7 likes

Plenti are Data [Content Removed]! Be warned!

published
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Plenti
Courtney S.PlentiSend a private message
Storm T
Storm T

I voluntarily withdraw my grievance with Plenti. Please remove it!

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Personal Loans

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Karyn Y.
Karyn Y.Perth, WA
  • Verified

Too Easy

published

Customer service A1, there if needing help
No extra fees , actually saved on the interest, topping up on existing loan.
100% happy with the ease of applying and getting approved very quickly.

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The team at plenti are so helpful and answer questions outstanding to your needs or requirements at taking a loan out

published

Experience in customer service is very excelled no issues or unexpected costs and very satisfied with the rate of my loan

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Review collected in partnership with Plenti

The reviewer stated that an incentive was offered for this review

Pannu
PannuBrisbane
  • 3 reviews
  • 1 like
  • Verified

Helpful. Fast approval

published

Very satisfied with customer service. Fast approval and payout was very quick.

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Personal Loans

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Boon
BoonPerth, WA
  • Verified

Personal loan without the hassle!

published

I have previously used the company and I have no issues with it. Good interest rate and hassle-free application. Good experience with customer service and professionalism. Once the application was approved, money in your account in less than 48 hours.

  • Incentivised Review No
  • Loan TypeFixed Rate
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Beverley
BeverleyGreater Melbourne (Outer), VIC
  • Verified

Making it simple

published

Extremely satisfied, this is my second experience borrowing with Plenti and both times the process has been so streamlined and easy, they take the hassle out of loan applications and offer a very simple easy process.

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Carmelina
CarmelinaSydney, NSW
  • Verified

Fast and easy

published

Initial application was few clicks and fast.
Next I was told my entitlement and fewer documents.
As promised, in two days my loan approved letter was in my mail and minimum fees explained upfront. Can't get smoother then this.
Carmelina

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Questions & Answers

Nin
Ninasked

How long is the direct payment window

No answers
Cally
Callyasked

does Plenti offer interest free loans to retirees?

No answers
craig p.
craig p.asked

How to get payout figure online for existing car loan with plenty

No answers
See all Plenti Personal Loan questions

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Details

About Plenti

Plenti is a loan provider offering loans from $5000 to $50,000, with loan terms of 1 to 7 years. With a mission to help Aussies bring their ideas to life, they aim to make lending faster and fairer, so that you don’t have to wait to achieve what you want to achieve.

Popular loan purposes include:

  • Buying a vehicle (including electric vehicles)
  • Home renovation
  • Debt consolidation
  • Solar and battery
  • Personal loan

You can also get a personalised quote to calculate how much you could borrow and how much interest you’d need to pay on your loan, which won’t affect your credit score. Interest rates start from 6.39% p.a., with a comparison rate starting at 6.39% p.a. (no monthly fees are involved).

An emphasis on responsible lending means they’ll only ever lend you what they think you can easily pay back. With a completely paperless application process, you can borrow online from the comfort of your home.

Points of praise:

  • Most reviewers found that Plenti’s customer service was exceptional, saying that staff were helpful and efficient when they dealt with them.
  • They also reported that the application process was straightforward, noting also that the website was easy to navigate. On top of the simple application process, they also said there was a quick turnaround from application to funds being made available (if approved for the loan).
  • Reviewers said that Plenti’s interest rates were reasonable. A few users also appreciated how the loan could be paid out early with little hassle.

ProductReview_2022 Awards_logo

Plenti is a third-time ProductReview.com.au Award winner, taking out a win this year in the Personal Loans category. The highest points of praise were given to Plenti’s simple application process and their timeliness in processing applications and releasing funds.

CategoryPersonal Loans
Offers Peer-to-Peer LendingYes
Interest Rate7.89% p.a.
Comparison Rate 8.73% p.a.
Monthly Fee $0.00
Repayment FrequencyFortnightly, Monthly and Weekly
Loan Amount $2,000.00 to $50,000.00
SecurityUnsecured
Loan Term0.5 to 5 years
Rate TypeFixed and Variable
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