Plenti Personal Loan
- ✓ Verified company
- Award Winner 2023
- +3 more
2,982 reviews · Statistics
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Plenti Personal Loan is a ProductReview.com.au Awards Winner for 2023, 2022, 2019 and 2018. Learn more
Payments
I'm greatful for the loan but the fact that you guys don't offer weekly payments is frustrating. And the fact that when I questioned it, You told me to make a a new account for the payments.
False advertisements of "being rewarded for your great credit score"
Applied for a debt consolidation loan after splitting with my partner and needing to reduce some debt. Presented plenty of evidence on my situation, including additional income and ability to service the loan.
Declined once and provided additional information for review. Declined again.
My credit score is above 850 with a perfect payment history.
Wouldn't bother trying with this company in the future if they are not willing to give a fair go now.
Hi Jack,
Thank you for your feedback. I am sorry to hear that we didn't meet your expectations, and would love to have a look into this further for you.
... Read more In order for me to help further, would you be happy to provide any account-related information such as reference numbers, email address or contact number so I can investigate further? Whilst awaiting for that, I can let you know that when it comes to the decision on an application, there is a multitude of factors that are considered. Credit Score is certainly one of them, however, there are other factors that we will consider. This includes how suitable the loan is with regard to your current circumstances and the purpose for which you require the funds, your employment, income, and expenses, as well as your financial history as evidenced by credit bureau information and any other details you communicate to us. It is important to note that there may be more than one reason that we cannot provide you a loan. I hope this provides more context, but once again if you are happy to provide some further information I can investigate further. Kind Regards Zennon
100% in every aspect
Had a loan through Plenti. Quick service, up front with everything and gave me a fantastic interest rate. Was easy to pay the loan out early. 100% would use them again
I didn’t have a great experience
I also was encouraged to apply for a top up amount only to later find I was ineligible due to a missed direct debit (which I promptly paid by BPAY before it became in arrears). They don’t really value their customers and the whole application process is deceptive. You’re given a low potential interest rate and then they later will inform you based on your score it will be a higher rate, of course by this point you already have the enquiry on your credit file and are somewhat coerced to continue with the application. If you’re relying on access
... Read moreing a loan because starting a whole application with another provider would result in another credit check and likely negatively impact your overall credit score. I don’t recommend, go with somewhere that will give you your rate upfront.- Loan Type: Fixed Rate
- Loan Start Date: January 2020
Hi Bernadette,
Thank you for your feedback in relation to your experience. I am sorry to hear that you didn't have a great experience, and would love the opportunity to investigate and speak to this
... Read more further. In order for me to do so, I would need to locate your application and account. If you are comfortable with sharing some more personal information, such as contact number or email, I can search for your account and communicate with you via these contact points.I mean it’s a little late at this point. I mentioned this when I was approved for the loan and told that it was going to be 12% not 8% (the “your rate could be as low as this” advertised rate). I also
... Read more kicked up a stink before about being told I couldn’t apply for a top up because a direct debit bounced one time and the monthly amount was still paid by the due date. My last loan payment will be in January 2024 so this really is a case of too little too late. Great optics though pretending to care now that my experience has been detailed on a public forum.Hi Bernadette,
Apologies for the lateness in my reply, I have been away on leave. I am sorry to hear that you feel this way, but I will certainly capture this feedback and pass it on for internal re
... Read moreview if you are not wanting to provide the account details.
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1 star is too much for this review - it gives you a preapproved top-up but then quick to decline
1 star is too much for this review - it entices you to apply for the "Congratulations you have been pre-approved for a top up". I have been a good paying customer on time every time. You brag yourself about being fair. Now tell me, what is fair about offering a top-up and then decline? My credit score is good, no missed payments. I only needed a top-up for the holiday season we call Christmas!. YOU DO NOT VALUE LOYAL CUSTOMER!
- Loan Type: Fixed Rate
- Loan Start Date: March 2023
Hi Fred,
I am sorry to hear about your experience and would love the opportunity to review your account further and determine whether there is anything that I can do to change your opinion on Plenti.
... Read more I have not been able to locate an account, but if you were comfortable with providing a contact number to this review, I can search and bring up your details. If not, you can speak with us directly at 1300 768 710. Kind Regards Jordan Customer Service Team LeaderGeneric Reply! - im sure you can locate it. Someone replied to me during the mediation stage. it is FS-7056-3784
They’ve helped me in time onf need
I couldn’t ask for better people to deal with! Very professional
- Loan Type: Fixed Rate
- Loan Start Date: October 2023
Quick and easy, backed by actual customer support.
I found the whole process quick and easy. When I needed it there was great customer service, a team that were helpful and explained things clearly. Unfortunately the interest rate is pretty nasty, but this is the downside of achieving a quick and easy loan process, without the need to go through the arduous loan process with a big bank. Plenti are good, but there will be plenty of interest to pay. Just have a plan and make it work for you.
- Loan Type: Fixed Rate
- Loan Start Date: October 2023
Great
Great service, Got approved quickly and got the money in days
Great!
Never had an issue with them....easy to deal with, website works well, and and any fees are easy to see prior to sign-up.
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Great service
Service was outstanding!
Customer service was kind , patient and helpful. Thank you Jayson and the lending team
- Loan Type: Variable Rate
So easy to organise and funds there next day
Needed money for some home improvements applied online response in about 15mins needed a few extra bits of paperwork then all approved money turned up that night
- Loan Type: Variable Rate
Fantastic to deal with
Plenty were very easy to deal with.
The application process was easy.
- Loan Type: Fixed Rate
- Loan Start Date: September 2023
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Seamless and Simple
My experience was flawless, simple and easy for me to follow.
- Loan Type: Line of Credit
- Loan Start Date: September 2023
It's great
Plenty was very helpful, timely and great communication. I knew the progress and my requirements at all times.
- Loan Type: Variable Rate
- Loan Start Date: September 2023
Great, efficient service
Very efficient and quick to complete the screening process and received funds the next day. Competitive rate - would recommend!
- Loan Type: Variable Rate
- Loan Start Date: September 2023
Questions & Answers
I want a loan for just one month to pay off a debt of 22,000 AUD. It should be able to be paid off after a month. Is it possible to receive such a loan and is there a fee for paying off early. What is an estimate of the interest rate
I want a loan for just one month to pay off a debt of 22,000 AUD. It should be able to be paid off after a month. Is it possible to receive such a loan and is there a fee for paying off early. What is an estimate of the interest rate
How hard is it to manage your loan through the online borrower portal? Can you easily make extra payments on a car loan or do they make you jump through hoops?
Get an answer from our members and Plenti representatives
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.
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.
| Category | Personal Loans |
|---|---|
| Offers Peer-to-Peer Lending | Yes |
| Interest Rate | From 6.57% p.a. |
| Comparison Rate | From 6.57% p.a. |
| Monthly Fee | $0 |
| Repayment Frequency | Monthly |
| Loan Amount | $5,000 to $50,000 |
| Security | Unsecured |
| Loan Term | 1 to 7 years |
| Rate Type | Fixed and Variable |
Contact info for Plenti Personal Loan
| Mon | 9:00 am - 5:30 pm |
|---|---|
| Tue | 9:00 am - 5:30 pm |
| Wed | 9:00 am - 5:30 pm |
| Thu | 9:00 am - 5:30 pm |
| Fri | 9:00 am - 5:30 pm |
| Sat | Closed |
| Sun | Closed |
- ABN: 29161376638
Extra Information
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Hi Jason,
Thank you for your feedback. I am sorry that we do not offer weekly/fortnightly payments at this stage, this is something that we are getting from our customers quite regularly and is some
... Read morething that our Team is looking into. However, I am unsure what the time line will be to have that available.