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Credit Union SA Variable Rate Personal Loan (Unsecured)

Advertiser disclosure
Interest rate from
13.60% p.a.
Comparison rate from
13.97% p.a.based on $30,000
over 5 years
Upfront fee

Mozo editorial review Credit Union SA Variable Rate Personal Loan (Unsecured) - last updated: 8 February 2021

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What's hot
  • No ongoing service fee
  • Free extra repayments
  • Redraw facility
What's not
  • $250 application fee
Mozo snapshot

On the hunt for an unsecured variable rate personal loan that gives you plenty of repayment flexibility? The Credit Union SA Unsecured Personal Loan offers just that. This loan is all about choice. Whether it’s the amount you borrow, the loan term you choose, your repayment schedule or making additional contributions towards your debt, Credit Union SA allows its borrowers to personalise their loan and make repayments in a way that suits them.

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Key features

If you don’t have or want to put up an asset against your personal loan, the Credit Union SA Unsecured Personal Loan could be the ticket. Variable rates start at 13.60% (13.97% comparison rate*) on this loan, and when it comes to your borrowed amount, loan term and repayments - it’s all up to you. 

Customers can borrow between $5,000 and $50,000 from Credit Union SA without having to put up their belongings as collateral. Plus, there is the option to pay back the loan over 1 to 7 years. 

And while we are on the topic of paying back debt, let’s talk about repayments. Not only can you choose from a weekly, fortnightly or monthly repayment schedule, there are also free extra repayments on this loan. In addition, if you find yourself needing to dip into those additional funds later down the track, you can with the redraw facility that’s available. 

Another attractive thing about the Credit Union SA Unsecured Personal Loan is that there are minimal fees. In fact, you won’t have to pay any service, exit or early repayment costs on this loan. Just bear in mind though, there is a $250 application fee to budget for when you first sign up.

Who is it good for

This is the ideal unsecured variable rate option for someone that needs flexibility when it comes to a personal loan. From the loan features to making repayments, with this loan you can personalise it to fit in with your financial plan.

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Any catches

Remember, because this loan is unsecured you are receiving a higher rate than the secured personal loan option. If you have an asset (such as a vehicle) that you can put against the loan, and don’t mind a fixed rate instead, take a look at the low rate Credit Union SA Online-only Special Fixed Rate Personal Loan.


Rates and fees information correct as at 16 May 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.


13.60% p.a.variable

13.97% p.a.based on $30,000
over 5 years







Other financial bits



1 Year

7 Years



Weekly, Fortnightly, Monthly





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.

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