SocietyOne is Australia's first fully compliant peer-to-peer online platform – connecting borrowers and investors in a secure, safe, professional online environment.
SocietyOne enables individuals to lend and borrow money to each other without the intermediation of a bank or financial institution. Qualified borrowers can request up to $30,000 in unsecured personal loans at competitive rates determined by their credit profile. Approved applications are listed on the platform for verified investors to assess and bid on. Once terms are agreed and accepted by the parties, SocietyOne handles the funds management and servicing of every loan on behalf of the matched borrowers and investors. Stringent procedures and processes ensure a safe and secure lending environment.
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