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.
Rates and fees verified as correct at 26 January, 2020. Other information correct at the time of writing.
|Product||Interest rate from||Comparison rate from*||Upfront fee|
6.00% p.a.based on $30,000
9.30% p.a.to 13.30% p.a.
10.69% p.a.to 14.72% p.a.based on $10,000
† Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.
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.
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.
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.
For insight into bcu’s customer service, rates and product experiences on its personal loan, check out reviews on bcu loan products.
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: