Choose the version of this loan that suits you best
| Loan type | Name | Min loan amount | Max loan amount | |
|---|---|---|---|---|
|
|
Fixed | Special Fixed Rate Personal Loan (Vehicles up to 5 years old, Secured) | $15,000 | $100,000 |
|
|
Fixed | Fixed Rate Personal Loan (Vehicles 5 to 10 years old, Secured) | $5,000 | $100,000 |
If you’re on the hunt for a car and need an award-winning personal loan to fund it, Credit Union SA’s Fixed Rate Personal Loan could be a hot contender. The loan comes with a competitive fixed rate starting at 8.99% (9.35% comparison rate*) for vehicles up to 5 years old, and 10.99% (11.35% comparison rate*) for vehicles between 1 and 7 years old. Plus, this loan also received a 2022 Mozo Experts Choice Award for best Secured Personal Loan!
While the Fixed Rate Personal Loan offered by Credit Union SA comes with attractive fixed rates from 8.99% (9.35% comparison rate*) for vehicles up to 2 years old and 10.99% (11.35% comparison rate*) for vehicles between 1 and 7 years, there are plenty of other features that makes this loan worth some attention.
Whether you need to fund a small second hand city car or a brand new four-wheel drive, with Credit Union SA you can borrow anywhere between $5,000 and $100,000. Not only that, you can choose from a range of loan terms whether it’s one year or seven.
Let’s talk repayments. With this personal loan borrowers can make weekly, fortnightly or monthly repayments and can also make unlimited extra repayments and pay off their loan early without penalty. Also, if you need to redraw any of your extra repayments, you can do so at no extra cost.
Just bear in mind, while there are no monthly fees on this loan, there are a few others to watch out for. When you first apply Credit Union SA charges a $250 application fee, and if you miss a required repayment there is a $15 late payment penalty.
The Fixed Rate Personal Loan from Credit Union SA could suit anyone looking to buy a car, no matter whether it’s brand new or used, and lock in a competitively low interest rate.
This loan is designed to fund a car, so if you are after a personal loan to fund something like a holiday or renovation, you’ll need to consider another option like the Credit Union SA Variable Rate Personal Loan (Unsecured).
|
Fixed |
|
|
8.99% p.a. fixed |
|
|
9.35% p.a.based on $30,000 |
|
$250.00 |
|
|
$0.00 |
|
|
$15.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$15,000.00 |
|
|
$100,000.00 |
|
|
1 Year |
|
|
7 Years |
|
|
Vehicle |
|
- |
|
|
Weekly, Fortnightly, Monthly |
|
|
yes |
|
|
yes |
|
|
$60 Security Processing fee may also be charged. |
|
|
$250 application waived for members of the education community. |
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.
|
Fixed |
|
|
10.99% p.a. fixed |
|
|
11.35% p.a.based on $30,000 |
|
$250.00 |
|
|
$0.00 |
|
|
$15.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$5,000.00 |
|
|
$100,000.00 |
|
|
1 Year |
|
|
7 Years |
|
|
Vehicle |
|
- |
|
|
Weekly, Fortnightly, Monthly |
|
|
yes |
|
|
yes |
|
|
$60 Security Processing fee may also be charged. |
|
|
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.
Their personal loan rate is alright. Not the worst but not the best
Read full reviewTheir personal loan rate is alright. Not the worst but not the best
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
5.76% p.a.to 24.03% p.a.
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Low Rate Personal Loan
6.57% p.a.to 8.48% p.a.
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Express Personal Loan
14.95% p.a.to 27.95% p.a.
29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years
Debt Consolidation
6.57% p.a.to 18.99% p.a.
7.19% p.a.to 19.39% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Express Personal Loan
14.95% p.a.to 27.95% p.a.
29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years
Clean Green Car Loan
7.69% p.a.
8.80% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Low Rate Personal Loan
6.57% p.a.to 8.48% p.a.
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
5.76% p.a.to 24.03% p.a.
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Express Personal Loan
14.95% p.a.to 27.95% p.a.
29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years
Low Rate Personal Loan
9.14% p.a.to 11.19% p.a.
9.50% p.a.to 11.56% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
6.75% p.a.to 26.95% p.a.
6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years
Unsecured Personal Loan
5.76% p.a.to 24.03% p.a.
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Low Rate Personal Loan
6.57% p.a.to 8.48% p.a.
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Debt Consolidation
5.76% p.a.to 24.03% p.a.
6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years
Clean Green Car Loan
7.69% p.a.
8.80% p.a.
$8.00