For the third time Society One has helped me when my local big bank I've been a customer of for over 40 years has not! Amazing service and support from Society One. I am leaving the CBA Show details
Lazy after sales service – Do not close off your account affecting credit scores Even after numerous attempts at communication over the issue Whilst gaining the loan was simple and easy it is what happens after closing the account where they let you down Show details
Do not waste your time with Society One – I used thiscompany before and it was a nice and easy experience several years ago. However, after recently trying again it was a night and day difference. Horrible experience! Some of the key issues: - Their phone line does not work to talk to a real person. - After application they sent multiple emails asking questions of which most were clearly… Read more
already answered in the application. - Then after answering all the questions again they updated the offer for a completely different loan despite all my information matching the application for the original offer.
Suggest you do not waste your time with this company!
Hi Seth, thank you letting us know about your… Read more
Reviews with attachments
Fantastic service, couldn’t be happier – Applied for a personal loan to assist with the purchase of a Harley Davidson Dyna FXDC superglide on Thursday afternoon, loan was approved nearly instantly & funds in my a/c on the Monday. Show details · 1
I cant thank you enough! – I tried multiple companies applying for loans to make a major purchase in my life, I either was refused or they could not give me what I needed, I was stressed out and on the verge of giving up! With half an application filled out with society one I gave up! within half an hour later I received a phone call and I was just about to tell them not to… Read more · 1
worry as I was done trying to jump through hoops for it, but to my surprise they told me that I was approved I just needed to finalize the procedure, WOW! the feeling of my heart changed instantly, with relief, joy and excitement. Trust goes a long way, with buying classic cars no one loans for that only new ones... As for interest rates I was not worried about as I got the opportunity to purchase one of my dream cars which I may never get again... Now I am back again to make the biggest purchase and the dream car #1 that I wanted but was not available. So a big thank you to Society one for helping me make that happen. I cant thank you enough!! 2 thumbs up Brenton
A huge thanks to society one to help me the need time. Very quick reply from the team. . Thank you – 1.Really satisfied with customer service.quick answer from the team. 2.No extra cost issues.happy not charged me any extra. 3. Quit happy with the amount .try to manage with the amount I received Show details · 1
In-depth reviews
You have given me a chance to get my finances in order! – In a world where debt plays a horribly huge part of our lives....Society One has come to the rescue and allowed me to start to see the a light at the end of the debt tunnel. Not only was the application process quick and easy (single pages with facts about my situation) and not asking for pages and pages of documents (payslips / ID etc etc) but… Read more
the response time was lightning fast! I'm not even exaggerating but I had the money in my account within 2 days....! I had to take a day to sit and calm down before I made payments to pay off debt in one hit because everything happened so fast.... I can't even begin to describe the weight on my shoulders just dissipating. Society One...you did that. You gave me a 'chance' card....not only that but why wouldn't you sign up for a loan where you can pay it out as early as you like with no penalty (rewarding people who want to throw extra $$$ at the loan) and the repayments....so manageable. I have now an email inbox filled with messages from credit card companies and banks telling me my accounts with them are now closed and finalised. Society One...you did that! For anyone reading this novel, I absolutely, 100% recommend you apply with Society One...you will not be disappointed. There is a light at the end of your money troubles....and the batteries are being supplied by Society One. Thank you so much!!!!!
Worst experience ever – Everything ways going well and then I changed the bank account the payment was coming out of then for the next month. That due date came and society one tried to withdraw the funds out of the old account, which was closed. I contacted society one as no funds where withdrawn from the updated bank account details I give them and they informed me… Read more
that they never received updated banking information and now they where going to charge my dishonour fee and put a blemish on my credit history. At this time I was planning to buy a new house soon, so this information made me very stressed, I hang up the phone as they would not reason with me. I called them back 30 minutes late and informed them I missed a payment because of them not changing the banking details and advised I wanted to pay off the loan. They gave me the amount and I paid it right there and then. Society one then sent me an email verifying the account was closed. Two months later checking my credit history and seeing that the society one loan was not closed, I informed them I had paid it off and sent them the verification email from society one that the account was closed. Three weeks later I get an email from society one stating that I owe them and my account was not closed and they were going to charge me with two months of miss payments and dishonour fees. I contacted the ombudsman, they where really no help. So I contacted society one, at this point I was really close to buying a new home for my daughters. Society one told me that if I didn’t pay the money that they would put a blemish on my credit history which would ruin my chances of a new home for my daughters, so I paid the money on 28 January because there’s nothing I could do there was no help society one just didn’t care. 20 days after I paid them the forced $1,300, I received emails and text messages stating I only had two days to pay the remaining balance and the account was not closed. So I had to call them again and now finally I have received my 2nd email verifying my account is closed.
I would not recommend society one
Hi Neville, thank you for your review. We're sorry to… Read more
Someone finally looked – Could not recommend these guys enough,.. it’s finally nice to have someone actually LOOK at your credit history, and see that your more than a score. Like yeah, they did some dumb sh*t in the past, but we can see you’ve been working hard to fix that, so we, got you. We where stuck in this financial loop, of old bullpoop, that plagued me, and the… Read more · 1
more I tried to fix it, the worse my credit score got,
Then along can them Society One. I don’t know how many in the pool I need to thank but thank you.
Actually saving money now, that we can put back on the loan (with no extra fees) because we aren’t paying multiple loans, it’s all just in a neat little package. Once a fortnight. Done. Next. Job.
They are personalised, you can email back and forth direct to your advisor. It’s simple, affordable, and the funds where transferred much quicker than expected. It’s how people should be treated, we just needed someone to take a chance.. Then when we get to a position when we invest in them, we will. Just as they invested in us.
So from us to you. Thank You.
Positive reviews
Very happy customer – I am very happy with my experienced with blink property,I highly recommend this real estate they professional very helpful and friendly,I will use blink property for my next sale good communication always especially Peter Butler thank you so much for very service.
Amazing customer service! Lovely people. Just make sure you understand how compound interest works – Society One's customer service is amazing! However, before you commit to any lender, please read your contract carefully to understand how compound interest accrued daily works. I borrowed $10,595 at a loan interest rate of 13.49%. While 13.49% of 10,595 is 1429.27, the amount of interest I am actually charged over the term of my loan is… Read more
$4064.61, or 38% of 10,595.
How does this work? Interest is compound and accrued daily based on the remaining principle balance of the loan.
After starting my loan on August 2021 and repaying $112.77 a fortnight, I still owed $9,668.43 on 14 November 2022. In other words, after repaying $2932.02, I had reduced my loan principle by only $926.57.
Lenders can be lifesavers; however, it can be hard for people who need financial lifesaving to clear debt. If you can avoid borrowing, please do! At the very least, see a financial counsellor first.
What a great experience – Fast and easy application. Customer service bery polite and friendly. Was approved in 2 days. All over experience was just amazing! Thank you Society One Show details · 1
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Negative reviews
Terrible Loan Company – Terrible Company. Avoid them! Took out a Personal Loan in July 2022..As the payments were deducted on different dates at the end of the Month, used to receive a Notification beforehand All was well until early December 2023,When they attempted to take out 2 extra payments. Reversed them a day or so later. Then actually deposited 2 payments in my… Read more
account. It has been downhill ever since. No Notification in January and February 2024.And in February attempted to take the payment on 28th.Impossible to speak to anyone. Then get a Default Notice. No where on the Website to lodge a Complaint and have since ignored all my emails
Hi Sophie, I sincerely apologise for the delayed… Read more (+1 reply)
Fraud and scam done by societyone – I have enquired for a personal loan with societyone but never went ahead with the enquiry. They have been regularly taking money out of my account and i just realised now. Regular $178 out of my account without my consent and how they gained access to my account was that when enquiring about a personal loan, i had to login to my bank account through their website.
Hi Kiana, I am very sorry for our delayed response to… Read more
Credit Score Checks without authorisation – Do not have any dealings with this company!!! They check the credit rating without your consent and as a result it drops significantly!!! Terrible
Hi Neni, I am very sorry for the delayed response to… Read more
Recent reviews
Easy to get loan, annoying to maintain – The loan process itself is smooth, fees etc are pretty reasonable for this type of lending. They outsource everything from that point to MoneyMe who are intensely painful to deal with. Payments take days to clear and have to be done through their app, so you’re never sure if you’re up to date or not, and making a payment doesn’t stop them… Read more
harassing you for “late payment” and escalating fees. The fact you can only pay through their app, not by bank transfer, means it can take days to clear out of your payment account and can mess with your understanding of your balance. It’s not like other apps which take payment straight away so you see it reflected in your available balance. It’s also really hard to find your outstanding balance. So while the loan starts off as good as you could hope, the repayments are a nightmare to manage if you’re on tight funds.
Hi Kylie, I apologise for not responding to you… Read more
Now Moneyme different – Since Moneyme have taken over this once great lending facility, Be careful not the same as before, ill-informed staff with little or no knowledge of lending criteria and reading pay slips, I used to be a good customer but too many bad experiences now and different since they have taken over, no more customer focus Show details
Hi Sean, thank you for your review. We're sorry to see… Read more
Extremely High Rates – Rates are way too high. Really unfortunate. I highly recommend you check out other lenders, OMM for example have a much lower personal loan rate. Show details
Perfect professionalism and communication – Great to deal with, everything was forth coming with no hidden costs. I would definitely use them again and recommend to my friends. Show reply
Paid off loan and still money was taken out! – Loan paid off, advised them via email that was the case and they still managed to direct debit my account with not one but two payments!
Hi Hungry, thank you for your review. We're sorry to… Read more
Great team work! Excellent customer service! – The process is very simplified.It is very easy to Finish all steps. Excellent customer service and Fast feedback Show reply
Find out how SocietyOne Borrowers compares to other Personal Loans
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Very happy! – Staff is very knowlegeable and so friendly and kind. Great communication. All the costs are very clearly set out in the contract and I am so happy with the rate and its awesome that the rate does not change throughout the term. Show details · 1
So helpful and great customer service – Society One has been such a helpful and easy to use great customer service it was really lovely speaking with the consultants - would highly recommend Show details · 1
Efficiency was key in dealing with these guys. Highly reccomend Society One – Jonathon answered my call within a minute and resolved my issues in less than five minutes on the phone. Show details · 1
Delete my number you thieves – You have my mobile number which you have no right to and keep sending me texts. I never have and never will do business with someone so shady and dishonest. If you are genuine, delete my number and stop texting me. I can't even block your number because there is no number to block.
Hi Stephanie, Thank you for your review. We apologise… Read more
Great company and service – I am a customer with SocietyOne they are fully focused on what the customer needs fast on responding with any questions I am very satisfied with the service I get Show reply
Easy, Fast – Was super easy and fast process. Submitting bank statements,etc was easy with application able to gain access to necessary details with your approval. Also when I've rung with queries response has always been great. Show details · 1
18% unsecured loan thats a good interest rate – Easy to talk to, easy application process, affordable repayments, all in all a good experience and they accept my application some to the wife for the house the rest for a car. The people at societyone are friendly and easy to talk to and they help with the application quick response to application thank you. Show details · 1
Someone I can rely on – Super happy, my loan has been approved in short period of time even I have existing balance, no extra or hidden cost low interest rate friendly costumer service, Lexi very helpful and available 24/7 highly recommended Show reply
Great , Prompt service – When I had to to change some details and organise online access, they were super fast to respond with help. they also made the process so very simple . Highly recommend. Show details · 1
Great service, best I’ve had! – Customer service was great, process was straight forward and user friendly. Absolutely satisfied with service all round and would recommend to many friends and family. Website is well designed and clear. Show details · 1
Extra Information
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Hi Ray, we’re sorry for not responding to you review… Read more