The Auswide Bank is a fixed interest rate unsecured personal loan which might suit what you need. Borrow up to $50,000 without putting up an asset as collateral and choose a term from 1 to 5 years. Plus, on top of making regular repayments you can also make additional contributions towards your debt if you want to.
Need an unsecured personal loan? Auswide Bank has one on offer! The loan comes with a 9.90% fixed interest rate (10.49% comparison rate*) and doesn’t require you to put up any of your belongings as collateral.
With the Auswide Bank Unsecured Personal Loan, customers can borrow between $3,000 and $50,000 and pay it back over 1 to 5 years. While there is only the option of making monthly regular repayments, borrowers can make extra repayments whenever they want. Just bear in mind there is no redraw facility (so you cannot access these funds once they are paid) and if you pay down your entire loan ahead of time you’ll face a $50 fee.
While we are on the topic of fees, there are a few to be mindful of. Straight off the bat there is an $175 upfront application fee, as well as an ongoing $5 monthly service fee over the life of the loan. There is also a $40 late payment fee if you miss a regular repayment.
This loan could be a good option for a borrower looking for an unsecured loan with a fixed interest rate. A fixed rate means that you know exactly what your repayments will be over the entire loan as it will not fluctuate as the market moves - it is locked in.
Remember, there is only the option to make monthly regular repayments on this loan. So, if you are needing more repayment schedule options - perhaps to line up with when you get paid from work - this may not be the right loan for you.
|
Fixed |
|
|
9.90% p.a. fixed |
|
|
11.68% p.a.based on $30,000 |
|
$175.00 |
|
|
$5.00 |
|
|
$40.00 |
|
|
n/a |
|
|
$50 if paid before end of loan term. |
|
$3,000.00 |
|
|
$50,000.00 |
|
|
1 Year |
|
|
5 Years |
|
|
Unsecured |
|
Monthly |
|
|
yes |
|
|
no |
|
|
none |
|
|
none |
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.
Auswide Bank is great.
Read full reviewAuswide Bank is great.
They are the bank for me, I'm sure unless you can find me a better bank
Read full reviewThey are the bank for me, I'm sure unless you can find me a better bank
OurMoneyMarket
Low Rate Personal Loan
5.45% p.a.to 8.48% p.a.
6.07% p.a.to 8.84% p.a.based on $30,000
over 5 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.39% p.a.to 7.89% p.a.
6.39% p.a.to 8.49% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
5.95% p.a.to 17.45% p.a.
6.79% p.a.to 17.86% p.a.based on $30,000
over 5 years
Latitude
Personal Loan
5.75% p.a.to 25.99% p.a.
6.68% p.a.to 29.2% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 19.95% p.a.
5.95% p.a.to 19.95% p.a.based on $30,000
over 5 years
loans.com.au
New Car Loan - Prime Special
6.09% p.a.
6.64% p.a.based on $30,000
over 5 years
Latitude
Car Loan
6.99% p.a.
8.24% p.a.based on $30,000
over 5 years
Wisr
Secured Car Loan
4.49% p.a.to 13.59% p.a.
5.31% p.a.to 14.49% p.a.based on $30,000
over 5 years
Great Southern Bank
Secured Car Loan (Fixed)
6.79% p.a.
7.16% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
5.45% p.a.to 8.48% p.a.
6.07% p.a.to 8.84% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.39% p.a.to 7.89% p.a.
6.39% p.a.to 8.49% p.a.based on $30,000
over 5 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
5.95% p.a.to 17.45% p.a.
6.79% p.a.to 17.86% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 19.95% p.a.
5.95% p.a.to 19.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
8.49% p.a.to 11.19% p.a.
8.85% p.a.to 11.56% p.a.based on $30,000
over 5 years
