Important disclosure

QPCU Limited

All Purpose Loan

Real Time Rating™

  • 0 to 7 years
  • Unsecured
  • Variable Rate
Interest Rate

13.24%

p.a

Comparison Rate*

13.86%

p.a

Real Time Rating™
Tags
  • 0 to 7 years
  • Unsecured
  • Variable Rate
Interest Rate

13.24%

p.a

Comparison Rate*

13.86%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$686

based on $30,000 loan amount for 5 years at 13.24%

Pros and cons

For All Purpose Loan

Benefits

  • No early exit penalty
  • Unlimited extra repayments
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose

Drawbacks

  • Service fee charged

QBANK Rate Personal loan overview

For All Purpose Loan

Details

Total repayments

Interest rate type

Variable

Borrowing range

$1k - $150k

Security type

Unsecured

Loan term

0 to 7 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit QPCU Limited 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

$195

Ongoing Fee

$5 Monthly

Missed Payment Penalty

$0

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

Valid for personal loan applications for more than $5,000 of new lending approved after 5 January 2017 and is available for a limited time only. To qualify, the customer must deposit a salary credit of at least $1,500 a month into a QBANK Everyday Plus transaction account. Offer may be withdrawn at any time.

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p.a

up to 24.03%

Comparison Rate*

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Real Time Rating™
  • 1 to 7 years
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  • Fixed Rate
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Interest Rate

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up to 8.48%

Comparison Rate*

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7.19%

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Pay no fees over the lifetime of your loan with NOW Finance. T&C’s apply.
Interest Rate

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up to 26.95%

Comparison Rate*

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FAQs

How long are $3000 loans?

Medium amount loans can be repaid between 16 days and 2 years. Many personal loans have terms between 1 year and 5 years, though some are as short as 6 months while others last for 10 years.

Generally, the shorter a loan’s term, the more expensive your regular repayments may be, but the less total interest you’ll pay. Loans with longer terms mean more affordable repayments, but more interest charges over the full term.