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Personal Loan Secured

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I want to borrow

Loan Term

years

Repayment Frequency

Pros:
  • Features a low rate
  • No ongoing fees
  • No early exit penalty
  • Can apply in branch
  • Suitable for both new or used car
Cons:
  • Application fee charged
  • Requires security to be held
  • Cannot apply online

Details & Fees

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Student Loan
Student Loan
Debt Consolidation
Debt Consolidation
Renovation
Renovation
Shares
Shares
Holidays
Holidays
Medical Bill
Medical Bill
Wedding
Wedding
Upfront Fee
Upfront Fee
$250
Ongoing Fee
Ongoing Fee
$0
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Missed Payment Penalty
Missed Payment Penalty$35
Redraw Activation Fee
Redraw Activation FeeN/A
Repayment Type
Repayment Type
Fixed
Loan Type
Loan Type
Secured
Secured by vehicle
Secured by vehicle
Secured by property
Secured by property
Security by bank deposits
Security by bank deposits
Available to 457 Visa Holders
Available to 457 Visa Holders
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Line of Credit
Line of Credit
New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Student Loan
Student Loan
Debt Consolidation
Debt Consolidation
Renovation
Renovation
Shares
Shares
Holidays
Holidays
Medical Bill
Medical Bill
Wedding
Wedding
Upfront Fee
Upfront Fee
$250
Ongoing Fee
Ongoing Fee
$0
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Missed Payment Penalty
Missed Payment Penalty$35
Redraw Activation Fee
Redraw Activation FeeN/A
Repayment Type
Repayment Type
Fixed
Loan Type
Loan Type
Secured
Secured by vehicle
Secured by vehicle
Secured by property
Secured by property
Security by bank deposits
Security by bank deposits
Available to 457 Visa Holders
Available to 457 Visa Holders
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Line of Credit
Line of Credit

About Newcastle Permanent

Newcastle Permanent is one of the largest mutual building societies in Australia. They offer a range of financial products for individuals and businesses, including personal loans. To see if you can afford a Newcastle Permanent personal loan you should use a personal loan calculator. Newcastle Permanent offers both secured and unsecured personal loans at fixed rates. These loans can be used for any purpose including renovations, purchasing shares and holidays.

Newcastle Permanent’s personal loans have a minimum amount of $1000 and do not charge a penalty for early repayment. The lender has a number of branches in areas of New South Wales, excluding Sydney. Customers who do not live near a branch can contact the lender by phone and online seven days a week. It is not possible, however, to apply for a Newcastle Permanent loan online.

Features of a Newcastle Permanent personal loan

Newcastle Permanent personal loans have a fixed rate and can either be secured to an asset, like a vehicle or property, or unsecured.

A Newcastle Permanent personal loan offers many desirable features for borrowers including flexible repayments and no penalties for paying out the loan early. The flexible repayment schedule means that you can make weekly, fortnightly or monthly repayments. This feature is useful as the more frequently you make repayments, the less interest you will end up paying in the long run.

Being able to pay out the loan early with no penalty is also a plus. It means you can make extra repayments along the way and if you can afford to pay off the loan early you can save on the total amount of interest you would otherwise have to pay. There is no redraw facility attached to these loans so any extra repayments cannot be re-accessed once paid into the loan.

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