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  3. Woolworths Team Bank
  4. Line of Credit

Line of Credit

  • 1 to 5 years
  • Secured
  • Variable Rate
  • No ongoing fees

Interest rate p.a.

13.85%

Comparison rate* p.a.

14.00%

Line of Credit

  • 1 to 5 years
  • Secured
  • Variable Rate
  • No ongoing fees

Interest rate p.a.

13.85%

Comparison rate* p.a.

14.00%

Calculate your repayments for this loan

$

Your estimated repayment

$682

based on 20000 loan amount for 3 years at 13.85%

Pros and Cons

For Line of Credit

Benefits

  • No ongoing fees
  • No early exit penalty
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose

Drawbacks

    Woolworths Team Bank Rate Personal Loan overview

    For Line of Credit

    Details

    Total repayments
    Interest rate type

    Variable

    Borrowing range

    $2k - $25k

    Security type

    Secured

    Loan term

    1 to 5 years

    Secured by

    Loan type

    Repayment frequency

    Weekly, Fortnightly, Monthly

    Target Market Determination

    Visit Woolworths Team Bank to view Target Market Determination.

    Features

    Extra repayments

    Yes

    Redraw facility

    Instant approval

    Time to funding

    N/A

    Fees

    Upfront fee

    $100

    Ongoing fee

    $0

    Missed payment penalty

    $22

    Early exit penalty fee

    $0

    Permitted Loan Purposes

    New car

    Used car

    Motorcycle

    Boat

    Debt consolidation

    Renovation

    Holidays

    Medical bill

    Shares

    Student loan

    Wedding

    FAQs