MONEYME PERSONAL LOAN GUIDE FOR BROKERS INC. CALCULATOR EFFECTIVE: DECEMEBER 2023- CURRENT.

MONEYME PERSONAL LOAN GUIDE FOR BROKERS INC. CALCULATOR EFFECTIVE: DECEMEBER 2023- CURRENT.



Basic criteria for all applicants:

  1. Minimum age 18 years
  2. Australian resident or citizen, New Zealand citizen, or permanent resident
  3. Permanent resident and file <7 years - Passport or Medicare required.
  4. New Zealand citizen and file <7 years - Medicare required
  5. Self employed applicants require minimum 3 months ABN for loans up to $20,000, minimum 12 months ABN for loans over $20,000.
  6. No court actions, or bankruptcy recorded.
  7. No unpaid defaults or judgements over $500
  8. No more than two paid financial defaults for a maximum value of $2,000 in the last 3 years
  9. Must not have been declined with MoneyMe in the past 30 days..
  10. The following RHI status will lead to a decline - RHI 2+ in last 4 months, RHI 3+ in last 7 months. 

Individual: 

  1. Minimum employment: Full time, self employed > 3 months, 
  2. Casual > 12 months
  3. For full time, part time or self employed employment types the comprehensive score (Equifax) minimum is 550
  4. For casual employment types the comprehensive score 
  5. (Equifax) minimum is 850 Casual employment types must submit bank statements. 
  6. Minimum income is $30,000 p.a.
  7. Gambling transactions must be less than 30% of net monthly income
  8. ATM transactions must be less than 40% of net monthly income

Credit Enquiries:

  1. Must be less than 5 in the last 7 days
  2. Must be less than 8 in the last 30 days. 

Dishonoured Payments:

  1. No more than 8 in the last 90 days. 

Debt Obligations: 

  1. Total monthly debt obligations must be <60% of net monthly income excluding mortgage repayments.
  2. Maximum of 1 active SACC loan on statement.
  3. No debt assistance plans, e.g. Fox Symes, Debtfix, MyBudget etc.
  4. If customer has another MONEYME product, minimum 6 months of repayments.

Required Documents (one of the following):

  1. Total monthly debt obligations must be <60% of net monthly income excluding mortgage repayments
  2. Maximum of 1 active SACC loan on statement
  3. No debt assistance plans, e.g. Fox Symes, Debtfix, MyBudget etc.
  4. If customer has another MONEYME product, minimum 6 months  Digital bank statement via online portal, or
  5. Upload bank statements showing salary credits for the last two months, or
  6. Two most recent payslips with YTD figures
  7. For self employed applicants, most recent BAS, Notice of Assessment
      *Additional documents to be sent to hello@moneyme.com.au
      and must include the Application ID in the subject line of repayments

Serviceability Criteria: 

  1. We take 80% of rental income.
  2. We take 60% of self-employed income.
  3. We use a credit card buffer of 3.8% monthly repayment of their total limit.
  4. We use a mortgage buffer of 6% over 30 years.
  5. The minimum housing expense is $520 monthly excluding customers who are less than 25 years old and are living with family or friends.

Individual Credit Assessment Notes: 

  1. Credit file must be minimum 6 months old.
  2. Accepted employment income: Primary employment, secondary employment, bonus and commissions (payslips required to confirm stated amount).
  3. Supplementary income: Rental income, Government benefits/Centrelink (must be less than 50% of income).
  4. General living expenses: Higher of declared living expenses or HEM will be used to assess application.


Variable Rate Table inc. Fees, Charges and Brokerage:




Portal Status Key: 


Updated Servicing Calculator: 


Contact: 

Broker Support on 1300 908 068.

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