OurMoneyMarket is a place to borrow or invest money. You can invest in loans like a bank or borrow to buy a car, go on holiday, consolidate debts, pay for a wedding, whatever it is that you need!
By dealing directly with each other, instead of via a traditional financial intermediary, borrowers can get lower rates and investors earn competitive returns. It’s quite simply a better deal for all. This is our money market.
OurMoneyMarket assigns a grade (from A+ to D) to each loan based on OurMoneyMarket’s evaluation of the credit worthiness of a borrower and their ability to pay back the loan. The lowest interest rates are assigned to the least risky grades, which reflect the potentially lower loss rates (lower probability of loans defaulting) and lower volatility in returns.
Flexibility & ChoiceInvest the way you want to invest. Whether that means “handpicking” each loan you would like to invest in or simply picking the loan grade and term of your investment and leaving us to do the rest.
OurMoneyMarket gives you control over your investments and lets you invest the way you want to invest. You can manually select each loan you would like to include in your portfolio, or simply use our ‘Quick Invest’ option. Quick Invest lets you simply state the amount and term you would like to invest for, and based on this OurMoneyMarket will propose three loan portfolio options for you (Conservative, Balanced and High-Yield) that vary in risk and return.
DiversificationReduce your portfolio risk and volatility in your returns by diversifying your investment across multiple loans with as little as $50 in Loan Units linked to any single loan.
At OurMoneyMarket you invest in Loan Units to fund loans. Instead of investing in Loan Units all linked to one loan, you can invest in portions of loans, with as little as $50 in Loan Units linked to any single loan. By investing small portions in Loan Units of equal size that correspond to different borrowers’ loans, you can diversify your portfolio and reduce the impact of any single loan loss.
Regular Cash FlowFixed principal and interest repayments means you receive regular cash flow that can be automatically reinvested or withdrawn.
A regular fixed income stream sourced from an alternative asset class. What’s more using OurMoneyMarket’s ‘Auto-Invest’ tool you can passively manage your portfolio by reinvesting principle and/or interest into Loan Units linked to loans that match your credit risk appetite.
OurMoneyMarket is a 100% online investment platform. Offering real-time feedback on portfolio performance. As a member, you have your own unique investment dashboard. All you need to do is login and you can review the performance of your portfolio, print out account statements, deposit funds, invest in loans, withdraw cash and see how our money market is performing.
Lower Interest RatesA marketplace of people and institutions all working together to deliver you the best possible deal.
No flat rates here! We offer an interest rate that is unique to your circumstance. Meaning borrowers with a good credit history get rewarded with better rates and borrowers with recently improved credit performance are given a second chance on repaying a loan.
Obtain a free, no obligation rate quote in just minutes, with no impact to your credit score. You can instantly review the loan offer you qualify for, and if you’re happy with the loan offer click ‘Proceed to Apply’ to finalise your application in minutes.
Simple and FlexibleAn unsecured fixed rate of interest that can be repaid weekly, fortnightly or monthly, over 3 to 7 years. You can also make additional repayments at any time, at no extra cost.
Borrow up to 7 years and reduce the amount of your loan repayments. What’s more, we take the stress and hassle out of managing your loan as all repayments are made via direct debit and you can align your repayments with when you get paid.
Login to your own personal account profile to see updates on when your next repayment’s due, how much of the loan is outstanding, view account statements, or change your contact details.