bcu personal loans

bcu's overall rating for personal loans

(as rated by the Mozo community)

9.3 / 10

based on 86 reviews

If you’re seeking out a personal loan from an alternative provider to the big banks, check out a bcu personal loan.  bcu is a division of Police & Nurses Limited following the successful merger between Bananacoast Community Credit Union Ltd and
Police & Nurses Limited. Find details you need to know before you apply, like interest rates, fees and loan amounts below.

bcu offers the following personal loans

Rates and fees verified as correct at 03 July, 2020. Other information correct at the time of writing.

Product Interest rate from Comparison rate from* Upfront fee

5.65% p.a.

6.00% p.a.based on $30,000
over 5 years


9.30% 13.30% p.a.

10.69% 14.72% p.a.based on $10,000
over 3 years


*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. WARNING: 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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What personal loans do bcu offer?

Debt consolidation loan:

bcu offer a variable rate loan - meaning bcu can adjust the rate during the contract - which can be used for debt consolidation. While there is an upfront application fee and monthly service fee to think about, you can make extra repayments and bring your balance down to zero before the term ends fee-free.

Unsecured personal loan:

Don't have an asset to put up as collateral? You can choose an unsecured loan with bcu, just keep in mind opting for an unsecured loan means a higher rate.

New or used car loan:

If you're specifically shopping for a car with your bcu loan, you're in luck. The bcu car loan comes with extra loan repayments and a redraw facility. And bcu won’t penalise you for clearing your debt before the total amount is due. However, keep in mind bcu's car loan does come with monthly and upfront fees.

bcu personal loan features at a glance

bcu customer reviews:

For insight into bcu’s customer service, rates and product experiences on its personal loan, check out reviews on bcu loan products.

How do you apply for a bcu personal loan?

To apply for a personal loan with bcu, all you need to do is head to a local branch or fill out your details in online form. Once that’s done, bcu could approve your loan within the hour.

To apply for a personal loan with bcu you will need:

More helpful personal loan quick links