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- Low Rate Personal Loan Unsecured (Very Good Credit)
Low Rate Personal Loan Unsecured (Very Good Credit)
- 1 to 7 years
- Unsecured
- Fixed Rate
- No ongoing fees
Interest rate p.a.
9.14%
up to 11.19%
Comparison rate* p.a.
9.50%
up to 12.95%
Low Rate Personal Loan Unsecured (Very Good Credit)
- 1 to 7 years
- Unsecured
- Fixed Rate
- No ongoing fees
Interest rate p.a.
9.14%
up to 11.19%
Comparison rate* p.a.
9.50%
up to 12.95%
RateCity says
"Enjoy a low interest rate, no ongoing fees, and a rapid approval process with this online personal loan."
Calculate your repayments for this loan
Your estimated repayment
$625
based on 30000 loan amount for 5 years at 9.14%
Pros and Cons
For Low Rate Personal Loan Unsecured (Very Good Credit)
Benefits
- Lower than average rate
- No ongoing fees
- No early exit penalty
- Flexible repayment options
- No security required
- Can apply online
- Use the loan for any worthwhile purpose
- Fast time to funding
Drawbacks
- Higher than average application fee
- Cannot apply in branch
OurMoneyMarket Rate Personal Loan overview
For Low Rate Personal Loan Unsecured (Very Good Credit)
Details
Total repayments
$37,487
Interest rate type
Fixed
Borrowing range
$2k - $75k
Security type
Unsecured
Loan term
1 to 7 years
Secured by
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Target Market Determination
Visit OurMoneyMarket Services Pty Ltd to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
24 hours
Fees
Upfront fee
$250
Ongoing fee
$0
Missed payment penalty
$35
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Debt consolidation
Renovation
Holidays
Medical bill
Shares
Student loan
Wedding
Other Restrictions
Available loan amounts range from $2,001 to $75,000, for loan terms from 1 to 7 years. Comparison rate is based on a $30,000 fixed rate loan over a 5-year term to a borrower with excellent credit. WARNING: this comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Establishment fee applies for most borrowers. Credit is subject to OurMoneyMarket's standard terms and conditions and lending criteria. The target market determination for this product is available at ourmoneymarket.com/TMD. OurMoneyMarket Lending Pty Ltd ABN 64 605 231 669 holds Australian Credit Licence No. 488228.
How to apply
If you'd like to apply for this product or just get more information, follow the application process on OurMoneyMarket.More details