Rates and fees verified as correct at 04 December, 2020. Other information correct at the time of writing. Advertiser disclosure.
|Product||Interest rate from||Comparison rate from||Upfront fee|
|Personal Loan (Fixed, Unsecured)|| |
11.35% p.a.based on $30,000
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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Unsecured personal loan:
If you don’t have an asset to tie against your personal loan as security, the ME unsecured loan could be just for you. It has a competitive fixed rate and loan amounts range from $5k to $50k on terms between one and seven years, plus there are no ongoing monthly costs. ME allows you to make additional loan repayments fee-free and you can repay your loan before the due date without penalty. Just keep in mind there is no redraw facility to dip into additional repayments and you’ll need to pay a sign on fee when you first take out the loan. While you can use the loan to help finance all kinds of personal purchases, it cannot be used to consolidate debts.
Simply do it through the ME website and call its customer service number if you have any questions. ME will keep you posted on the progress of your application, and the turnaround shouldn’t be longer than a few business days.
To apply for a personal loan with ME you will need:
Mozo users have rated ME personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
ME Bank for me was an ethical choice with the knowledge that I was getting a good interest rate. I like the idea that ME banks profits go back to help support our super funds. Lovely bank.Read full review
ME Bank for me was an ethical choice with the knowledge that I was getting a good interest rate. I like the idea that ME banks profits go back to help support our super funds. Lovely bank.
This bank is easy to deal with, they listen to what you want and package according to your needs. They are accessible and easy to understand.Read full review
This bank is easy to deal with, they listen to what you want and package according to your needs. They are accessible and easy to understand.