Aussie is a celebrated Australian mortgage broker, renowned for helping its Australian customers to find the most suitable home loans and other financial products to suit their needs and lifestyles. Aussie has branches in most major metropolitan centres around Australia, and can also be contacted via phone or email.
As well as providing home loan advice, Aussie also offers its own financial products, including credit cards, business loans, insurance, and even its own home loans.
Aussie personal loans are no longer available to new customers. However, Aussie is still supporting any existing personal loans it previously provided, offering their customers options to borrow more, or to make lump sum repayments.
Features of an Aussie personal loan
Aussie’s personal loans included secured and unsecured options, depending on whether or not the borrower used an asset as collateral to guarantee the loan. Aussie personal loans were eligible for use in a variety of different ways, ranging from debt consolidation to paying for major expenses, such as renovations, cars or holidays.
The fixed interest rates on these personal loans ensured that their repayments remained consistent for the lifetime of the loans. There were also several fees involved with Aussie’s personal loans, including upfront and monthly fees, as well as an early exit fee.
What RateCity says
While Aussie’s personal loans are no longer being offered to new customers, they can still serve as useful as benchmarks for comparing other personal loan offers from Australian lenders. Their 12.99% fixed interest rates were slightly higher than the market average. Their upfront and ongoing fees were also higher than average.
Aussie continues to support the personal loans previously taken out by existing customers, and offers the option to extend these loan by borrowing more money, or to complete the loan early by making extra repayments or a large lump sum payment. However, in these cases, an early exit fee does apply.