Commercial disclosure
Symple Loans
Founded in 2018, Symple Loans is an Australia-based lending fintech focused on consumer personal loans. The company operates out of its head office in Melbourne.
As a “marketplace lender”, Symple funds its loans with capital provided by private and institutional investors. The company is focused on the “super prime” segment of the market - targeting financially disciplined customers with market leading interest rates well below what traditional lenders offer.
Symple holds Australian Credit License and Australian Financial Services License (Number 509222), a member of The Australian Financial Complaints Authority (AFCA) and Fintech Australia.
Pros and cons
- Strong credit borrowers may get lower interest rate
- Online application
- No early repayment fees
- Poor credit borrowers may get higher interest rate
- Establishment fee charged
- Monthly fee charged
Personal loan repayment calculator
Thinking about taking out a personal loan with Symple Loans? Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Symple Loans personal loans compare with other options.
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Your estimated repayment
at interest rate 5.75 %
Total interest payable
$0
Total amount payable
$0