Interest RatesMicro LoansPersonal Loans

Micro Loan Interest Rate

Harmoney Micro Loan Interest Rates

Harmoney Micro Loan Interest Rates

Micro loans from Harmoney is simple and fast. All you have to do is fill out online application from and send few personal details. 

One of the main things to consider when getting a microloan from Harmoney is their interest rates. The interest rates will depend on your credit grading/ credit score. If your grades are perfect then the interest rates will start from 6.99% per year and if it is not so good then it will be around 29.99% per years. 

We have sourced out the latest interest rates from Harmoney below, check it out. 


Harmoney Micro Loan Interest Rates

Interest rates effective from May 8 2018. Interest rates are subject to change.

Harmoney's Borrowing Limits

Borrowing Limits

  • Borrowers in Harmoney’s marketplace are limited in the amount they can borrow, based on the credit grade they are assigned. The table shows these limits:

  • Note: After final assessment Harmoney may, in its discretion, specify different ranges of maximum Loan Amounts which you are approved to list for.

Harmoney's Borrowing Fees

Harmoney's Borrowing Fees

When taking out loans from any place, weather its a bank or finical institution, you will have to pay a loan establishment fees. Harmoney also charges a loan establishment fees of : 

  • $200 for loans under $5,000

  • $450 for loans $5,000 and over

Harmoney charges Borrowers an up-front, one-off Establishment Fee of $200 for loans of below $5,000, or $450 for loans of $5,000 and above. The Establishment Fee is added to the approved loan amount.

The Establishment Fee will be charged on the loan being advanced. These Establishment Fees also apply to Top Ups.


“Loans From Harmoney”

Getting Micro loans from Harmoney is simple and quick but you have to be careful of how much you borrowing and at what interest rates. Also dont forget about the Fees as this will be added to your loan amount. Only borrow what you can payback.
Sandra Files
Mirco Loans Researcher