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- Unsecured Personal Loan (Low Rate)
Unsecured Personal Loan (Low Rate)
- 1 to 7 years
- Unsecured
- Fixed Rate
- No ongoing fees
Interest rate p.a.
8.99%
Comparison rate* p.a.
10.73%
up to 10.73%
Unsecured Personal Loan (Low Rate)
- 1 to 7 years
- Unsecured
- Fixed Rate
- No ongoing fees
Interest rate p.a.
8.99%
Comparison rate* p.a.
10.73%
up to 10.73%
Calculate your repayments for this loan
$
Your estimated repayment
$623
based on 30000 loan amount for 5 years at 8.99%
Pros and Cons
For Unsecured Personal Loan (Low Rate)
Benefits
- Lower than average rate
- No ongoing fees
- Unlimited extra repayments
- Flexible repayment options
- No security required
- Can apply online
- Can apply in branch
- Use the loan for any worthwhile purpose
Drawbacks
- Higher than average application fee
People's Choice Rate Personal Loan overview
For Unsecured Personal Loan (Low Rate)
Details
Total repayments
$37,356
Interest rate type
Fixed
Borrowing range
$2k - $40k
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 People's Choice to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
redraw activation fee of $0
Instant approval
Time to funding
N/A
Fees
Upfront fee
$250
Ongoing fee
$0
Missed payment penalty
$25
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
Minimum redraw amount is $250. Redraws are only available if sufficient extra repayments have been made against the loan account.
