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mecu goGreen Car Loan - greenhouse rating 6+ (Variable)

  • rate

    9.49 %

  • comparison rate

    9.71%

  • ongoing fee

    $0.00

  • upfront fee

    $150

mecu's overall rating for car loans is

9.0

(as rated by the Mozo community)

Rates

Rate types
Variable
Intro interest rate
none
Intro rate term
none
Variable rate
9.49%
Comparison Rate*
9.71%
Fixed 1 year rate
none
Fixed 2 year rate
none
Fixed 3 year rate
none
Fixed 4 year rate
none
Fixed 5 year rate
none
Fixed 6 year rate
none
Fixed 7 year rate
none
Minimum rate
9.49%
Maximum rate
9.49%

Features

Repayment options
Weekly, fortnightly, monthly
Extra repayments allowed
yes
Redraw allowed
no
Other restrictions
none
Other benefits
none

Fees

Application fee
$150.00
Encumberance revvs fee
none
Entry fee
$0.00
Service fee
$0.00
Transaction fee
none
Late payment fee
$25.00
Exit fee
$0.00
Early repayment penalty
0.00

Other financial bits

Minimum loan amount
$1,000.00
Maximum loan amount
none
Minimum loan term
1 Year
Maximum loan term
7 Years
Repayment types
none
Security type
Vehicle

This is how the Mozo community has rated mecu for car loans.

Product Type Overall Price Features Service Convenience Trust

mecu

mecu is one of Australia’s largest credit unions, with a reputation for offering a very different kind of banking. mecu’s sustainable banking philosophy means that it strives to offer not just low cost banking, but socially and environmentally responsible borrowing to boot. If you like mecu’s style, check out its range home loans, credit cards, personal loans, savings accounts and more.

Some recent reviews of mecu car loans

Jules from Queensland, a mecu car loan customer. 9Overall Rating
  Pros: No recurring fees. Reasonable interest rates. Improved access to fee-free ATMs recently. Intuitive and fast internet banking. Friendly and consistent customer service, especially at branches. Competitive range of products. I have been a loyal customer of MECU for 10 years because I have been so impressed with the available products and service that nearly all my fiduciary needs are met by this credit union at significantly less cost overall compared to nearly all other banks. Cons: Branch access can be problematic and difficult to locate sometimes, especially when making initial face-to-face contact, due to their location on large university campuses and [sometimes] limited office hours. Worth the effort, however. Reviewed 15 days ago  
  • 9Pricing
  • 5Product Features
  • 9Customer Service
  • 8Convenience
  • 9Trust
Julie from Victoria, a mecu car loan customer. 8Overall Rating
  mecu have been very supportive, clear n upfront with all my questions. Reviewed 20 days ago  
  • 8Pricing
  • 8Product Features
  • 9Customer Service
  • 9Convenience
  • 8Trust
Leigh from Victoria, a mecu car loan customer. 4Overall Rating
  Interest rates VERY high, and communication only tells you how much the interest has gone up to, not what your new repayments will be. Reviewed 2 months ago  
  • 3Pricing
  • 0Product Features
  • 6Customer Service
  • 1Convenience
  • 8Trust
Graham from Victoria, a mecu car loan customer. 7Overall Rating
  Easy to apply for loan online, then go to bank to sign. Good service. Reviewed 4 months ago  
  • 6Pricing
  • 6Product Features
  • 8Customer Service
  • 4Convenience
  • 10Trust
Graham from Victoria, a mecu car loan customer. 7Overall Rating
  Most of the application process could be completed online. Reviewed 6 months ago  
  • 7Pricing
  • 6Product Features
  • 9Customer Service
  • 3Convenience
  • 9Trust

See all reviews of mecu car loans

 

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