HSBC Unsecured Personal Loan
HSBC Unsecured Personal Loan
Mozo Review HSBC Unsecured Personal Loan Review
Last updated: 6 November 2018.
What's hot:
Interest rates from 8.50% (9.06% comparison rate)
Free extra repayments
What's not:
$150 application fee
Mozo snapshot:
So you’re looking for a loan, but don’t have any assets you can use as collateral? Well that’s no problem at all! HSBC Unsecured Personal Loan allows for you to borrow $5,000 - $50,000 on a fixed interest rate as low as 8.50% (9.06 comparison rate), without any security needed. They also allow you to choose your loan term between 1 and 5 years.
Key features:
HSBC Unsecured Personal Loan comes with a fixed interest rate that can be as low as 8.50% (9.06% comparison rate). The interest rate available to you is dependent on your credit score and the specifics of your loan.
Loan terms range from 1 to 5 years, and you’ll make repayments on a monthly basis.
While the loan comes with ability for extra repayments, keep in mind that there’s no extra cost to pay it off completely in the last 6 months, but anytime before then will come with $199 early repayment penalty.
And on the subject of fees, when you apply for the loan remember to budget for the $150 for the application fee and $5 monthly service fee.
Who it's good for:
This loan is suited to those without assets like a house or car to put up as security and borrowers with excellent credit will be able to score this loan with a competitive rate.
Any catches?
While the loan is competitive across the board, watch out for the $150 application fee and $5 monthly service fee.
Details
Rates and fees information correct as at 20 February 2019. 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.Rates
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Fixed
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8.50% p.a.to 16.99% p.a. fixed
-
9.06% p.a.to 17.53% p.a.based on $30,000
over 5 years
Fees
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$150.00
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$5.00
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$30.00
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$0.00
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$199 ($0 in the last 6 months of loan term)
Other financial bits
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$5,000.00
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$50,000.00
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1 Year
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5 Years
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Unsecured
Features
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Monthly
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yes
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no
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none
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none
Customer Reviews
How are HSBC personal loans rated by the Mozo community?
About HSBC
HSBC in Australia is part of the HSBC Group, one of the world's largest banking and financial services organisations. HSBC has products for every money need you can think of, including savings accounts and term deposits for your day-to-day money management, a suite of home loans to finance your dream home, plus credit card and personal loan options. With branches all over the world, HSBC is the world's local bank!
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Australian Military Bank
Unsecured Personal Loan - Excellent Credit (Variable)
7.88% p.a.to 18.82% p.a.
8.72% p.a.to 20.22% p.a.based on $30,000
over 5 years
$100.00upfront and $10.00/month
Promoted
Wisr
Unsecured Personal Loan
8.50% p.a.to 19.95% p.a.
9.36% p.a.to 20.91% p.a.based on $30,000
over 5 years
$595.00upfront and $0.00/month
Promoted
St.George
Unsecured Personal Loan
11.99% p.a.to 18.99% p.a.
13.07% p.a.to 20.02% p.a.based on $30,000
over 5 years
$195.00upfront and $12.00/month
Promoted
Harmoney
Unsecured Personal Loan
6.99% p.a.to 28.69% p.a.
7.69% p.a.to 29.55% p.a.based on $30,000
over 5 years
$500.00upfront and $0.00/month
Promoted
ME
Personal Loan
10.98% p.a.
11.35% p.a.based on $30,000
over 5 years
$250.00upfront and $0.00/month
Promoted
HSBC
Unsecured Personal Loan
8.50% p.a.to 16.99% p.a.
9.06% p.a.to 17.53% p.a.based on $30,000
over 5 years
$150.00upfront and $5.00/month
Promoted
NAB
Personal Loan (Variable, Unsecured)
12.69% p.a.to 18.69% p.a.
13.56% p.a.to 19.53% p.a.based on $30,000
over 5 years
$150.00upfront and $10.00/month
Promoted
ANZ
Unsecured Personal Loan
12.45% p.a.
13.32% p.a.based on $30,000
over 5 years
$150.00upfront and $10.00/month
Promoted
St.George
Secured Personal Loan
8.49% p.a.
9.60% p.a.based on $30,000
over 5 years
$195.00upfront and $12.00/month
Promoted
loans.com.au
New Car Loan (Fixed)
5.44% p.a.to 5.94% p.a.
5.99% p.a.to 6.5% p.a.based on $30,000
over 5 years
$400.00upfront and $0.00/month
Promoted
CUA
Secured Car Loan (Fixed)
6.79% p.a.
7.16% p.a.based on $30,000
over 5 years
$265.00upfront and $0.00/month
Promoted
loans.com.au
Used Car Loan (Fixed)
5.94% p.a.to 6.44% p.a.
6.49% p.a.to 7.0% p.a.based on $30,000
over 5 years
$400.00upfront and $0.00/month
Promoted
Australian Military Bank
Unsecured Personal Loan - Excellent Credit (Variable)
7.88% p.a.to 18.82% p.a.
8.72% p.a.to 20.22% p.a.based on $30,000
over 5 years
$100.00upfront and $10.00/month
Promoted
Harmoney
Unsecured Personal Loan
6.99% p.a.to 28.69% p.a.
7.69% p.a.to 29.55% p.a.based on $30,000
over 5 years
$500.00upfront and $0.00/month
Promoted
ANZ
Unsecured Personal Loan
12.45% p.a.
13.32% p.a.based on $30,000
over 5 years
$150.00upfront and $10.00/month
Promoted
Wisr
Unsecured Personal Loan
8.50% p.a.to 19.95% p.a.
9.36% p.a.to 20.91% p.a.based on $30,000
over 5 years
$595.00upfront and $0.00/month
Promoted
ME
Personal Loan
10.98% p.a.
11.35% p.a.based on $30,000
over 5 years
$250.00upfront and $0.00/month
Promoted
ING
Unsecured Personal Loan
8.99% p.a.
9.13% p.a.based on $30,000
over 5 years
$100.00upfront and $0.00/month
Promoted
HSBC
Unsecured Personal Loan
8.50% p.a.to 16.99% p.a.
9.06% p.a.to 17.53% p.a.based on $30,000
over 5 years
$150.00upfront and $5.00/month
Promoted
RateSetter
Unsecured Personal Loan
7.69% p.a.
8.29% p.a.based on $10,000
over 3 years
$220.00upfront and $5.00/month
