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Secured Freedom Loan

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I want to borrow

Loan Term

years

Repayment Frequency

Secured Freedom Loan Pros and Cons

Pros:
  • No early exit penalty
  • Can apply online
  • Can apply in branch
Cons:
  • Monthly fee charged
  • Application fee charged
  • Requires security to be held
  • Has ongoing fees

bcu Secured Freedom Loan Fees and Features

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
$8 monthly
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Missed Payment Penalty
Missed Payment Penalty
$25
Redraw Activation Fee
Redraw Activation Fee
$0
Repayment Type
Repayment Type
Variable
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
$8 monthly
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Missed Payment Penalty
Missed Payment Penalty
$25
Redraw Activation Fee
Redraw Activation Fee
$0
Repayment Type
Repayment Type
Variable
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

Compare and review personal loans with similar features

Latitude Financial Services

Secured Personal Loan

Interest Rates
Advertised Rate
Advertised Rate
11.89%
variable
Advertised Rate
15.99%
variable
Advertised Rate
14.99%
variable
Advertised Rate
From
12.99%
fixed
Comparison Rate
Comparison Rate
11.89%
Comparison Rate
16.84%
Comparison Rate
15.99%
Comparison Rate
14.20%
Monthly Repayment
Monthly Repayment
$666
Monthly Repayment
$729
Monthly Repayment
$714
Monthly Repayment
$682
Total Repayments
Total Repayments
$39,960
Total Repayments
$43,740
Total Repayments
$42,840
Total Repayments
$40,920
Loan amount
Loan amount
$5k to $60k
Loan amount
$5k to $50k
Loan amount
$4k to $50k
Loan amount
From $4k
Suitable For
Student Loan
Student Loan
Student Loan
Student Loan
Student Loan
Shares
Shares
Shares
Shares
Shares
Loan Fees
Upfront Fee
Upfront Fee
$0
Upfront Fee
$150
Upfront Fee
$150
Upfront Fee
$250
Ongoing Fee
Ongoing Fee
$0
Ongoing Fee
$30 quarterly
Ongoing Fee
$12 monthly
Ongoing Fee
$13 monthly
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Early Exit Penalty Fee
$0
Early Exit Penalty Fee
$0
Early Exit Penalty Fee
$300
Missed Payment Penalty
Missed Payment Penalty
$0
Missed Payment Penalty
$20
Missed Payment Penalty
$9
Missed Payment Penalty
$35
Redraw Activation Fee
Redraw Activation Fee
$0
Redraw Activation Fee
$0
Redraw Activation Fee
$0
Redraw Activation Fee
N/A
Loan Profile
Repayment Type
Repayment Type
Variable
Repayment Type
Variable
Repayment Type
Variable
Repayment Type
Fixed
Loan Type
Loan Type
Unsecured
Loan Type
Unsecured
Loan Type
Unsecured
Loan Type
Secured
Secured by vehicle
Secured by vehicle
Secured by vehicle
Secured by vehicle
Secured by vehicle
Available to 457 Visa Holders
Available to 457 Visa Holders
Available to 457 Visa Holders
Available to 457 Visa Holders
Available to 457 Visa Holders
Features Flexibilities
Redraw Facility
Redraw Facility
Redraw Facility
Redraw Facility
Redraw Facility
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BCU began over 40 years ago as an alternative to traditional banks. Based on the NSW north coast, BCU’s network spans from Port Macquarie to the Sunshine Coast. Although BCU operates regionally, remote members can join the bank online.

BCU is a regional credit union, which means it does not have external shareholders. The profits BCU receives are reinvested into the business.

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