Whether you’re after a new car or a new kitchen, with competitive variable rates from 9.99% p.a. (13.51% p.a. comparison rate*) and the money deposited into your account within 1 business day, the MyState General Purpose Personal Loan could get you there. Plus, being an unsecured loan, you won’t have to worry about putting up an asset as collateral, and with free extra repayments, you pay your loan off as fast as you like!
If you’ve been on the hunt for a flexible, unsecured personal loan, then the MyState General Purpose Loan could be just what you’ve been looking for. This unsecured loan features variable rates starting from 9.99% p.a. (13.51% p.a. comparison rate*) and applications only take 10 minutes. And if that wasn’t fast enough, if you're approved, the funds should be deposited into your account within one business day.
The loan is available for amounts as small as $3,000 right up to $50,000 and terms between 1 and 7 years.
You’ll have a choice of either weekly, fortnightly or monthly repayments and the ability to make free extra repayments, plus, no exit fees for paying off your loan early. And if you ever need those extra repayments back to cover unexpected bills and expenses, there's a free redraw facility available ($500 minimum).
One thing you'll need to keep in mind is the MyState General Purpose Personal Loan has a $200 application fee, $10 service fee, and $30 late payment fee, which can really add up over time.
The MyState General Purpose Personal Loan is a great option for borrowers after fast funding and who want to pay the loan off fast as well.
Although the MyState General Purpose Personal Loan offers flexible loan features, you will have to budget for the $200 application and $10 monthly service fee, which over a three year loan totals $560.
Variable
9.99% p.a.variable
13.51% p.a.based on $10,000
over 3 years
$200.00
$10.00
$30.00
$0.00
$0.00
$3,000.00
$50,000.00
1 Year
7 Years
Unsecured
Weekly, Fortnightly, Monthly
yes
yes
none
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.
I am tired of getting 30 dollar fees when my loan's are slightly overdrawn. Rather than helping me to put all my debts in one account they won't lend me the fund's because I am on a disability pension & they don't seem to care. I am human not a Robot l need food, power, etc. Please help me.
Read full reviewI am tired of getting 30 dollar fees when my loan's are slightly overdrawn. Rather than helping me to put all my debts in one account they won't lend me the fund's because I am on a disability pension & they don't seem to care. I am human not a Robot l need food, power, etc. Please help me.
Fantastic credit union with great customer service.
Read full reviewFantastic credit union with great customer service.
Exceptional customer service focus from Mystate credit union. The product features were thoroughly explained and when I was taken ill, the loan manager deterred my payments and sat with me to work out a repayment plan which suited me given the change of circumstances. Understanding, concerned and most professional loan manager.
Read full reviewExceptional customer service focus from Mystate credit union. The product features were thoroughly explained and when I was taken ill, the loan manager deterred my payments and sat with me to work out a repayment plan which suited me given the change of circumstances. Understanding, concerned and most professional loan manager.
N/A
Read full reviewExcellent customer service, personable and one case manager across all forms of finance.
Read full reviewExcellent customer service, personable and one case manager across all forms of finance.
MyState Bank is an Authorised Deposit-taking Institution and a national diversified financial services group headquartered in Tasmania. MyState Bank has strong roots in the Tasmanian community, offering lending, savings accounts, financial planning and insurance.
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