The Community First Credit Union True Loan options give borrowers a range of options to allow them to refinance more quickly, with a low minimum deposit and no ongoing fees.
Borrowers have the option of paying weekly, fortnightly, or monthly. This gives borrowers a little more control over how they manage their money.
Borrowers can also make extra repayments at any time, without incurring a penalty. Repayments can also be redrawn at any time by borrowers.
A 100 per cent offset account is also available on the True Value Standard Loan, which allows borrowers to deposit money to directly offset the interest that they pay over the course of the loan. It should be noted that this feature not available on the True Value Basic Loan.
Who is the Community First Credit Union True Loan good for?
The Community First Credit Union’s True Loan options may suit borrowers who are looking for flexible loan options with no ongoing fees.
Review - What RateCity says
The Community First Credit Union True Loan options provide flexibility to borrowers at a moderate interest rate. The lack of ongoing fees helps borrowers to take advantage of features such as additional repayments, while additional flexibility is offered via repayment schedules and interest rate structures.
Community First Credit Union True Loan Options
The Community Credit Union’s True Loan offers a range of options for investment and home buying, including both variable and split interest rate loans.
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