CUA Unsecured Fixed Personal Loan rate drops to 9.89%

Rate drop alert! Last week CUA dropped the starting rate on its Unsecured Fixed Personal Loan from an 11.99% p.a. fixed rate to a much lower 9.89% p.a. fixed rate (10.14% p.a. comparison rate^^) with a maximum loan amount of $50,000.

Whether you’re looking for a low-rate personal loan to fund a well deserved holiday or a DIY backyard blitz project, a great place to start is checking out the CUA Unsecured Fixed Personal Loan or CUA’s other great personal loan offers.

But CUA isn’t the only bank dropping its personal loan rates…

The Mozo database shows that since the beginning of this year alone, a total of 9 lenders have slashed their unsecured personal loan rates.

Among them was Greater Bank, which cut a 2.50% chunk off its Greater Bank Unsecured Personal Loan rate, bringing it down to an 8.95% p.a. fixed rate (9.34% p.a. comparison rate^^), and Ratesetter, which slashed 0.53% off its Ratesetter Unsecured Personal Loan, making it a 7.38% p.a. fixed rate (9.72% p.a. comparison rate^^).

And with CUA being the latest lender to jump on the rate-dropping bandwagon, now’s the time to snatch up a low-rate personal loan and finally buy that car you’ve always wanted, or put those home renovation plans in motion!

Great Southern Bank - Unsecured Personal Loan
  • Fixed rates from 9.89% p.a. fixed rate (10.14% p.a. comparison rate^^)
  • No ongoing fees
  • Flexible repayment options
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What we think:

With super low fixed rates starting at 9.89% p.a. fixed rate (10.14% p.a. comparison rate^^) on loans from $5,000 to $50,0000 and loan terms from 1 to 7 years, the CUA Unsecured Fixed Personal Loan is a total steal of a deal if you ask us. Aside from the initial $175 application fee, you won’t pay any ongoing or late payment fees with this loan, plus you’ll have the choice of weekly, fortnightly or monthly repayment options, plus free extra repayments and a free redraw facility. What more could you ask for?

Great Southern Bank - Discount Unsecured Personal Loan
  • Variable rates from 10.89% p.a. fixed rate (11.15% p.a. comparison rate^^)
  • No ongoing fees
  • Make fee-free extra repayments
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What we think:

If you’re on the hunt for a personal loan packed with value, look no further than the CUA Unsecured Variable Personal Loan. With competitive variable rates from 10.89% p.a. fixed rate (11.15% p.a. comparison rate^^) on loans between $30,000 and $60,000, no ongoing fees and plenty of flexible features like free extra repayments and a free redraw facility, this loan is a worthy contender for your next big purchase.

Great Southern Bank - Secured Car Loan
  • Fixed rates from 6.79% p.a. fixed rate (7.16% p.a. comparison rate^^)
  • No ongoing fees
  • 2018 Mozo Experts Choice Awards-winner in the Used Car Loan category
Find out more
What we think:

If you’re getting ready to get yourself a new set of wheels, then the CUA Secured Fixed Car Loan will take you the extra mile. With incredibly low fixed rates from 6.79% p.a. (7.16% p.a. comparison rate^^) on amounts between $5,000 and $100,000, plus, nifty features like free extra repayments and a free redraw facility, so you can pay off your car in a flash, this loan is a clear winner. In fact, it won a 2018 Mozo Experts Choice Award in the Used Car Loan category, so the proof is in the pudding!

For more options, check out our low-rate personal loan comparison table, or take a look at last years Mozo Experts Choice Awards-winning personal loans.

* 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.

^See information about the Mozo Experts Choice Personal Loan Awards

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