Citi Personal Loan Plus offers a personalised variable interest rate based on your financial history and current circumstances, over a term of three, four or five years. This unsecured loan also provides a reusable credit facility, which you can access without needing to reapply. There is no fee when you make additional repayments.
To be eligible for the Citi Personal Loan Plus you must:
- Be 18 years of age or older
- Be a permanent Australian resident
- Earn more than $40,000 a year
- Have a good credit rating
- Have no current or previous defaults and no history of bankruptcy
During the application process you will need the following documents:
- Proof of address
- Proof of residency
- Proof of income and employment
Citi requires your two most recent pay slips. If you are self-employed, you’ll have to include a copy of your two latest tax returns or profit and loss statements for the past two financial years, as well as your most recent tax assessment.
Things you should know about this loan (the full terms and conditions are available on the Citi website).
The Citi Personal Loan Plus offers a loan that fits you based on your credit history and current circumstances, including income and expenses.
Annual percentage rates range from 9.99% p.a. to 17.99% p.a. (comparison rate of 9.99% p.a. to 17.99% p.a.).
Any reference to rates is per annum. The comparison rate is a way of comparing loans by including both the advertised rate and the fees involved. It is calculated based on a loan of $10,000 over 3 years, and represents the effective rate on the loan.