G&C Mutual Bank personal loans

G&C Mutual Bank
G&C Mutual Bank's overall rating for personal loans

(as rated by the Mozo community)

7.0 / 10

based on 3 reviews

G&C Mutual Bank is owned by its customers - everyday Aussies just like you. That means you come first when taking out a personal loan with this mutual.

G&C Mutual has been in operation since 1939 and today has over 36,000 members. Want to be one of them? Then check out the details on its personal loan offers below:

G&C Mutual Bank offers the following personal loans

Rates and fees verified as correct at 08 December, 2016. Other information correct at the time of writing.

Product Interest rate from Comparison rate from* Upfront fee

5.99% p.a.to 17.22% p.a.

6.20% p.a.to 17.45% p.a.based on $30,000
over 5 years

$150

5.99% p.a.to 17.22% p.a.

6.20% p.a.to 17.45% p.a.based on $30,000
over 5 years

$150

Fixed Rate Car Loan (Fixed)
G&C Mutual Bank

7.99% p.a.

8.26% p.a.based on $30,000
over 5 years

$190

* 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 for the amounts and terms quoted, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans, and apply only to these examples. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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.

What personal loans does G&C Mutual Bank offer?

Secured personal loan

Need a new car, boat or a holiday? A secured personal loan from G&C Mutual could make it happen. It’s a variable rate loan, with terms ranging from 1 - 7 years, and you can borrow amounts starting at $1,000. Plus don’t forget to make use of the flexible features, like free extra repayments and a free redraw facility. You’ll need to have something to put up as collateral for this loan, and keep the upfront application fee in mind.

Unsecured personal loan

If you don’t have any assets to put up as security, don’t worry! You can still borrow the money you need for your spending goals, with an unsecured personal loan from G&C Mutual. You can borrow amounts starting at $1,000, for a term of 1-7 years with this variable rate loan. Handy features include the ability to make free extra repayments, and use the free redraw facility if you need to. Just don’t forget - there’s an upfront application fee to consider.

Car loan

Looking for a new car? For cars up to 3 years old, you can take out a fixed rate car loan for up to $150,000. You can choose to make your repayments weekly, fortnightly or monthly, and also have the option to make extra free repayments to pay the loan off quicker. Remember that the car you’re buying will go up as security against the loan, and you’ll have to budget for the upfront application fee. Plus, keep in mind there’s no redraw facility with this loan.

G&C Mutual Bank personal loan features at a glance

Rates to match your credit score: Got an excellent credit score? Why not be rewarded for it? At G&C Mutual, your interest rate will depend on your credit score, which means you’ll save money for being a responsible borrower.

Extra repayments: Pay off your loan faster by making free additional repayments. Just don’t forget that if you opt for a fixed rate loan, there will likely be an early repayment fee if you pay off the whole thing before the end of the term.

Fees: You’ll have to account for an upfront application fee in your budget, but the good news is there are no ongoing fees to worry about with your G&C Mutual Bank personal loan.

G&C Mutual Bank customer reviews

So how does G&C Mutual stack up in terms of customer service, convenience and trust? There’s no one better to answer that than the customers who’ve taken out a loan! Head over to our customer review section for the inside scoop on G&C Mutual Bank.

How to apply

To apply for a loan with G&C Mutual, make sure you have these details handy:

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