based on 43 Orange Credit Union banking product reviews as rated by Mozo community

Orange Credit Union personal loans

Orange is a credit union that offers financial products and services to people in the Orange area. Orange offers a comprehensive range of financial products including: home, car and personal loans, savings accounts, term deposits, debit cards, credit cards and car insurance. Orange prides itself on putting its members first when it comes to finding financial solutions.

Orange Credit Union also took home a 2021 Mozo Experts Choice Award for Best Car Loan! 

Orange Credit Union offers the following personal loans

Rates and fees verified as correct at 21 September, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate from Comparison rate from Upfront fee
New Car Loan (Variable)

4.99% p.a.

5.35% p.a.based on $30,000
over 5 years

$265

Secured Personal Loan (Variable)

8.99% p.a.

9.37% p.a.based on $30,000
over 5 years

$250

Unsecured Personal Loan (Variable)

12.99% p.a.

14.73% p.a.based on $10,000
over 3 years

$250

What personal loans does Orange Credit Union offer?

Secured Personal Loan

Own a car, property or have a solid amount of savings? Also looking for a personal loan? The Orange Credit Union secured personal loan may be right up your alley. In fact, customers with an asset to put against the loan can borrow anywhere from $2,000 and benefit from lower variable rates. Not only that, there is the option of loan terms up to 7 years and also the choice of making weekly, fortnightly or monthly repayments. 

And if the ability to make extra repayments is what you are after, you can do exactly that. Plus, Orange Credit Union allows borrowers to access a redraw facility on their additional contributions whenever they like. You may also be pleased to know there is no early repayment penalty attached to this loan if you pay down your debt in full, ahead of time. Just be mindful though, there is an exit fee to consider and an application cost when you first sign up.     

Unsecured Personal Loan 

If you need an unsecured personal loan instead, where you don’t have to put up any assets as collateral, Orange Credit Union has that option too. While variable interest rates are higher, the benefit is you aren’t putting any of your personal belongings at risk if you default on the loan. 

Like the secured personal loan, the unsecured option also allows borrowers to take out upwards of $2,000, make weekly, fortnightly or monthly payments, and make extra repayments and redraws. There is also no early repayment penalty but there is an upfront application cost. 

There are also a few differences. For example, loan terms range from 2 to 6 years and there is no exit fee attached to this product. 

Car Loan 

For borrowers looking to buy a new car with a loan, the Orange Credit Union car loan is a solid option. It comes with competitively low rates as well as plenty of repayment flexibility. Like the above mentioned loans, customers can choose from a weekly, fortnightly or monthly repayment schedule and also make extra repayments and redraws if they wish to (without facing an early repayment fee).  

It works similarly to the secured loan, as loan terms go up to 7 years and there is both an application and exit cost to consider. The difference is that the minimum loan amount is $15,000 and the vehicle you are purchasing must be used as security against the loan. 

Orange Credit Union personal loan features at a glance


How do you apply for an Orange Credit Union personal loan?

To be eligible for an Orange Credit Union personal loan you must be over the age of 18, an Australian citizen or permanent resident and live in Orange (NSW) or its surrounding districts. You can apply for this loan online or book an appointment for a call or in-branch meeting. 

You will need the following on you when you apply: 

How are Orange Credit Union personal loans rated?

Mozo users have rated Orange Credit Union personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of personal-loans
Orange Credit Union personal loans
Overall
Price
Features
Customer service
Convenience
Trust

4 Reviews

Recent Orange Credit Union personal loan reviews

Orange Credit Union Personal Loan
Overall 10/10
Excellent customer service & very competitive rate

There are no cons associated with the Orange Credit Union. Everything about them as all pros. They are courteous, professional, helpful, friendly and work for the community. I have never had any problems with them and would recommend them to all and sundry. Their whole attitude to finance should make any of the "real" banks hang their heads in shame.

Read full review

There are no cons associated with the Orange Credit Union. Everything about them as all pros. They are courteous, professional, helpful, friendly and work for the community. I have never had any problems with them and would recommend them to all and sundry. Their whole attitude to finance should make any of the "real" banks hang their heads in shame.

Price
10/10
Features
9/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Mozo community reviewer, New South Wales, reviewed about 8 years ago
Orange Credit Union Personal Loan
Overall 10/10

This Credit Union is awesome. Nothing is any trouble and all the staff are really friendly and helpful.

Read full review

This Credit Union is awesome. Nothing is any trouble and all the staff are really friendly and helpful.

Price
10/10
Features
7/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Gail, New South Wales, reviewed almost 10 years ago
Orange Credit Union Personal Loan
Overall 6/10

Our wedding would not have gone ahead without the personal loan from the OCU. It was approved in 3 working days and we were able to start planning and spending for our wedding day. The interest rate was competitive and the best thing i loved about it was you could watch and control everything from the secure internet banking site that the OCU has.

Read full review

Our wedding would not have gone ahead without the personal loan from the OCU. It was approved in 3 working days and we were able to start planning and spending for our wedding day. The interest rate was competitive and the best thing i loved about it was you could watch and control everything from the secure internet banking site that the OCU has.

Price
5/10
Features
5/10
Customer service
5/10
Convenience
10/10
Trust
6/10
Less
Sammy, New South Wales, reviewed about 10 years ago
Orange Credit Union Personal Loan
Overall 5/10

They were once great, but this year they have stuffed our loan repayments around so that we can never know when payment is due, when they are taking the money out, even how much we have left to pay on the loan. Our loan ends in september, and personally I cannot wait to close our account, and take our business with us elsewhere!

Read full review

They were once great, but this year they have stuffed our loan repayments around so that we can never know when payment is due, when they are taking the money out, even how much we have left to pay on the loan. Our loan ends in september, and personally I cannot wait to close our account, and take our business with us elsewhere!

Price
4/10
Features
2/10
Customer service
7/10
Convenience
1/10
Trust
3/10
Less
Justine, New South Wales, reviewed over 10 years ago

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