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The NSW Teachers Credit Union was formed in 1966 to provide teachers with a low-cost, convenient and efficient banking products and services. The NSW Teachers Credit Union was built on the values of quality, integrity and co-operation and to this day, continues to demonstrate these core values in their support of the education community. The credit union manages over $2 billion in deposits and has more than 150,000 members throughout Australia. All profits generated are returned to members in the form of exceptional personal service and a value-for-money approach to fees and interest rates. NSW Teachers CU also offers a full range of retail financial products which include car loans, credit cards, home loans, personal loans, savings accounts and even term deposit and investment products.
Product Details
- Company
-
- Repayments
-
$640.08
monthly - Secured / Unsecured
- Unsecured
- Total Repayments
- $38,398.81
- Interest Rate
- 10.18%
- Comparison Rate
- 10.32%
- Rate Type
- Variable
- Application Fee
- $100
- Ongoing Fees
- N/A
- Early Repayment Penalty
- $0
- Missed Payment Penalty
- $10
- Encumberance/REVVS Check Fee
- $0
- Doc Release Fee
- $0
- Minimum Loan Amount
- $2,000
- Maximum Loan Amount
- $50,000
Product Features
No early exit penalty y
Will you be charged a fee for finalizing all loan repayments earlier than the agreed date, or for transferring to another company for the remaining life of the loan?
Extra repayments allowed y
Will this loan allow you to make additional repayments on top of the minimum amounts due each payment frequency?
Redraw Facility y
Whether this loan allows the option for you to redraw/take out excess funds
100% Loan Available y
Whether this loan offers a maximum loan-to-value-ratio (LVR) i.e. no deposit is required
