Rates and fees verified as correct at 27 November, 2020. Other information correct at the time of writing. Advertiser disclosure.
|Product||Interest rate from||Comparison rate from||Upfront fee|
|Personal Loan (Fixed, Unsecured)|| |
11.35% p.a.based on $30,000
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may inﬂuence the cost of the loan.
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Like the name suggests, it’s a rate that won’t change for the length of your loan contract, as opposed to a variable rate which can be adjusted any time. So if you want to know what your bills will look like from the start, ME’s fixed rate offering could be a good match!
Yes, it does. Opting for an unsecured loan can be especially helpful for those who don’t want to fork out for a fully fledged shiny new vehicle. With ME, you can buy any set of wheels you like.
There’s no point in splashing out on a Maserati if you can’t afford one! So consider an affordable loan amount you feel comfortable with before taking the plunge. ME will consider your financial situation too, by assessing your credit history. Its car loans can range from $5k up to $50k. Not enough? Return to our car loan comparison hub and find a better fit.
ME will give you the flex to choose from a weekly, fortnightly or monthly schedule.
From 1 - 7 years.
While it’s fine to make extra loan repayments, you can’t access those funds through a redraw facility.
Sure can, and the best part about it is, you won’t be charged an extra fee!
Seamless. All you need to do is head to its site and fill out an online form. ME can also process car loans over the phone, but there are no physical branches around Australia. Be prepared to include plenty of personal info when you apply, so ME can work out if you’re eligible. Things you may be asked to include:
Once that’s all done, you’ll hear back on how it all went in a couple of business days. Then you can look forward to being the proud new owner of your dream car!
Mozo users have rated ME car loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
There are no cons but they are fantastic and if you like to reduce your amount each fortnight because you're having trouble to pay they can help you do that.Read full review
There are no cons but they are fantastic and if you like to reduce your amount each fortnight because you're having trouble to pay they can help you do that.
Their process is based on you not a computer generated program.They listen and take allyour circumstances into consideration.Terrific customer serviceRead full review
Their process is based on you not a computer generated program.They listen and take allyour circumstances into consideration.Terrific customer service