Important disclosure

Southern Cross Credit Union

Unsecured Personal Loan

Real Time Rating™

  • 3 to 7 years
  • Unsecured
  • Fixed Rate
Interest Rate

9.39%

p.a

Comparison Rate*

10.30%

p.a

Real Time Rating™
Tags
  • 3 to 7 years
  • Unsecured
  • Fixed Rate
Interest Rate

9.39%

p.a

Comparison Rate*

10.30%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$959

based on $30,000 loan amount for 3 years at 9.39%

Pros and cons

For Unsecured Personal Loan

Benefits

  • Lower than average rate
  • No early exit penalty
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose

Drawbacks

  • Service fee charged
  • Higher than average application fee

Southern Cross Credit Union Rate Personal loan overview

For Unsecured Personal Loan

Details

Total repayments

Interest rate type

Fixed

Borrowing range

$5k - $50k

Security type

Unsecured

Loan term

3 to 7 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Southern Cross Credit Union to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

Instant approval

Time to funding

N/A

Fees

Upfront Fee

$250

Ongoing Fee

$8 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

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  • Fixed Rate
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Interest Rate

5.76%

p.a

up to 24.03%

Comparison Rate*

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6.55%

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up to 24.99%

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Low Rate Personal Loan Secured (Excellent Credit)

Real Time Rating™
  • 1 to 7 years
  • Secured
  • Fixed Rate
  • No ongoing fees
Interest Rate

6.57%

p.a

up to 8.48%

Comparison Rate*

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7.19%

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up to 13.58%

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

6.75%

p.a

up to 26.95%

Comparison Rate*

From

6.75%

p.a

up to 26.95%

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.