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  4. Secured Fixed Personal Loan (Used Asset)

Secured Fixed Personal Loan (Used Asset)

  • $10k to $100k
  • 0 to 5 years
  • Fixed Rate
  • Secured

Interest rate p.a.

6.99%

Comparison rate* p.a.

7.27%

Secured Fixed Personal Loan (Used Asset)

  • $10k to $100k
  • 0 to 5 years
  • Fixed Rate
  • Secured

Interest rate p.a.

6.99%

Comparison rate* p.a.

7.27%

Calculate your repayments for this loan

$

Your estimated repayment

$594

based on 30000 loan amount for 5 years at 6.99%

Pros and Cons

For Secured Fixed Personal Loan (Used Asset)

Benefits

  • Lower than average rate
  • No ongoing fees
  • No early exit penalty
  • Unlimited extra repayments
  • Flexible repayment options
  • Can apply online
  • Can apply in branch

Drawbacks

  • Higher than average application fee

Illawarra Credit Union Rate Car Loan overview

For Secured Fixed Personal Loan (Used Asset)

Details

Total repayments
Interest rate type

Fixed

Borrowing range

$10k - $100k

Security type

Secured

Loan term

0 to 5 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

up to 5 years

Target Market Determination

Visit Illawarra Credit Union Limited to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

Instant approval

Time to funding

N/A

Fees

Upfront fee

$200

Ongoing Fee

$0

Missed payment penalty

$0

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat

Other Restrictions

Car age up to 5 years old