Important disclosure

Illawarra Credit Union Limited

Online Personal Loan Package

Real Time Rating™

0 to 5 years
Secured
Variable Rate
Interest Rate

5.75%

p.a

Variable

Comparison Rate*

6.39%

p.a

Variable

Real Time Rating™
Tags
0 to 5 years
Secured
Variable Rate
Interest Rate

5.75%

p.a

Variable

Comparison Rate*

6.39%

p.a

Variable

Calculate your repayments for this loan

$

Your estimated repayment

$909

based on $30,000 loan amount for 3 years at 5.75%

Promoted personal loans

Promoted

Lower Rate

Low Rate Personal Loan Secured (Excellent Credit)

Real Time Rating™
1 to 7 years
Secured
Fixed Rate
Instant approval
Interest Rate

6.57%

p.a

Fixed up to 9.29%

Comparison Rate*

7.19%

p.a

Fixed up to 13.58%

Promoted

Secured

Secured Personal Loan (Very Good Credit)

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

8.78%

p.a

Fixed up to 11.27%

Comparison Rate*

9.71%

p.a

Fixed up to 12.58%

Promoted

Generic

Secured Personal Loan (Excellent Credit)

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

6.72%

p.a

Fixed up to 8.77%

Comparison Rate*

6.86%

p.a

Fixed up to 9.77%

Pros and cons

For Online Personal Loan Package

Benefits

  • Interest rates ranked in the best 20%
  • No early exit penalty
  • Unlimited extra repayments and free redraw
  • Unlimited extra repayments
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Fast time to funding

Drawbacks

  • Service fee charged
  • Higher than average application fee

Illawarra Credit Union Rate Personal loan overview

For Online Personal Loan Package

Details

Total repayments

Interest rate type

Variable

Borrowing range

$10k - $100k

Security type

Secured

Loan term

0 to 5 years

Secured by

Vehicle/caravan, jet skis

Loan type

Is Fully Drawn Advance

Repayment frequency

Monthly, Fortnightly, Weekly

Target Market Determination

Visit Illawarra Credit Union Limited to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

Instant approval

Time to funding

24 hours

Fees

Upfront Fee

$200

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

Asset used as security must be less than 2 years old, rate is only available as part of the package which includes a 100% offset account and Visa Debit card

Personal loans

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