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People's Choice Credit Union Unsecured Personal Loan

Advertiser disclosure

The details shown below are for a fixed loan between $2,000 and $40,000

The details shown below are for a fixed loan between $2,000 and $40,000

Choose the version of this loan that suits you best

  • Loan: $2,000 $40,000

  • Loan: $2,000 $40,000

Interest rate from
8.99% p.a.
Comparison rate from
10.73% p.a.based on $10,000
over 3 years
Upfront fee
$250
Interest rate from
13.99% p.a.
Comparison rate from
15.78% p.a.based on $10,000
over 3 years
Upfront fee
$250

Mozo editorial review People's Choice Credit Union Unsecured Personal Loan

Last updated: 22 September 2020.

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What's hot
  • 8.99% p.a. fixed interest rate (10.73% p.a. comparison rate)*
  • Free extra repayments and redraw facility
  • $0 monthly fee on your People’s Choice Credit Union Zip bank account.
What's not
  • $250 upfront fee
Mozo snapshot

Need some extra cash to help pay for your wedding or home renovation project? Well, with competitive fixed interest rates starting from 8.99% p.a. (10.73% p.a. comparison rate*), free extra loan repayments and redraw facility and flexible repayment options, the People’s Choice Credit Union Low Rate Unsecured Personal Loan could be just the thing you’re after!

key icon
Key features

If you’re looking for some cash to help cover the cost of a big upcoming purchase, the People’s Choice Credit Union Low Rate Unsecured Personal Loan can get the job done. 

This loan hits the ground running with hot fixed interest rates from 8.99% p.a. (10.73% p.a. comparison rate)* on amounts between $2,000 and $40,000 on loan terms between 1-7 years.

And if its flexible features you’re after, then you’ve come to the right place! The People’s Choice Credit Union Low Rate Unsecured Personal Loan gives you a choice of either weekly, fortnightly or monthly repayment options, so you’ll be able to tailor your repayments to suit your regular pay and lifestyle.

On top of all this, free extra repayments are allowed to help you pay your loan off faster, plus, you’ll be able to dip into those additional repayments with the redraw facility.

Be aware, that although there are no service fees, exit fees, or early repayment fees attached to this loan, it does, however, come with a $250 upfront application fee.

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Who is it good for

The People’s Choice Credit Union Low Rate Unsecured Personal Loan is an unsecured loan, which means it could be a great personal loan option for Aussies who don’t own or want to put an asset up as security against the loan.

Plus, for customers that already have a People's Choice Credit Union Zip bank account, this loan will exempt them from paying the monthly fee. 

snapshot
Any catches

The People’s Choice Credit Union Low Rate Unsecured Personal Loan doesn’t come with any service, exit or early repayment fees, however, you will need to budget for the $250 application fee.

Details

Rates and fees information correct as at 24 November 2020. 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
  • Fixed

  • 8.99% p.a. fixed

  • 10.73% p.a.based on $10,000
    over 3 years

Fees
  • $250.00

  • $0.00

  • $25.00

  • n/a

  • $0.00

Other financial bits
  • $2,000.00

  • $40,000.00

  • 1 Year

  • 7 Years

  • Unsecured

Features
  • Weekly, Fortnightly, Monthly

  • yes

  • yes

  • Interest rate available only to applicants who meet assessment criteria, higher rates may apply.

  • $0 monthly fee on Peoples Choice Credit Union Zip bank account.

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.

Details

Rates and fees information correct as at 24 November 2020. 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
  • Fixed

  • 13.99% p.a. fixed

  • 15.78% p.a.based on $10,000
    over 3 years

Fees
  • $250.00

  • $0.00

  • $25.00

  • n/a

  • $0.00

Other financial bits
  • $2,000.00

  • $40,000.00

  • 1 Year

  • 7 Years

  • Unsecured

Features
  • Weekly, Fortnightly, Monthly

  • yes

  • yes

  • none

  • $0 monthly fee on Peoples Choice Credit Union Zip bank account.

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.

Customer Reviews

How are People's Choice Credit Union personal loans rated by the Mozo community?

Price
7.3/10
Features
6.6/10
Customer service
7.8/10
Convenience
7.7/10
Trust
7.8/10

Latest reviews of People's Choice Credit Union Unsecured Personal Loan

  • Overall 9/10
    Highly recommended.

    People's Choice have always been very helpful and approachable. I can not fault their service.

    Read full review

    People's Choice have always been very helpful and approachable. I can not fault their service.

    Price
    8/10
    Features
    7/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    9/10
    Less
    Stuart, South Australia reviewed 9 months ago
  • Overall 9/10
    Easy one stop shop for your finances...

    People's Choice Credit Union is not one of the big banks and the interest rates are quite lower. It is pretty easy to get in touch with a branch member and they are usually quite friendly and helpful. They use CGU insurance so you can get reasonable insurance for your car or home as well. It is a one stop shop.

    Read full review

    People's Choice Credit Union is not one of the big banks and the interest rates are quite lower. It is pretty easy to get in touch with a branch member and they are usually quite friendly and helpful. They use CGU insurance so you can get reasonable insurance for your car or home as well. It is a one stop shop.

    Price
    8/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    7/10
    Trust
    8/10
    Less
    Liana, Victoria reviewed over 4 years ago
  • Overall 10/10
    100% happy with the customer service

    Because I live 500km away from my nearest branch I applied for my car loan over the phone. I was approved within minutes and paperwork was sent by mail. I had quite a few questions once the paper work arrived and every time I rang I was attended to promptly and courteously even when I rang with some really stupid questions nothing was too much trouble. I even rang the branch manager and complimented the staff member who attended to my inquiries and was told she would get the employee of the month award. Well deserved.

    Read full review

    Because I live 500km away from my nearest branch I applied for my car loan over the phone. I was approved within minutes and paperwork was sent by mail. I had quite a few questions once the paper work arrived and every time I rang I was attended to promptly and courteously even when I rang with some really stupid questions nothing was too much trouble. I even rang the branch manager and complimented the staff member who attended to my inquiries and was told she would get the employee of the month award. Well deserved.

    Price
    8/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    9/10
    Trust
    10/10
    Less
    Sue, Northern Territory reviewed almost 6 years ago
  • Overall 8/10
    Great digital offering

    Their online offering makes this one of the easiest applications and processes I've seen.

    Read full review

    Their online offering makes this one of the easiest applications and processes I've seen.

    Price
    9/10
    Features
    5/10
    Customer service
    8/10
    Convenience
    10/10
    Trust
    9/10
    Less
    Alex, South Australia reviewed about 7 years ago
  • Overall 9/10
    Great service, easy application

    The application was processed quickly, with great service.

    Read full review

    The application was processed quickly, with great service.

    Price
    6/10
    Features
    7/10
    Customer service
    9/10
    Convenience
    7/10
    Trust
    8/10
    Less
    Mozo community reviewer, Queensland reviewed over 7 years ago
People's Choice Credit Union

About People's Choice Credit Union

People's Choice Credit Union is a member owned financial institution offering its members a wide range of competitive banking, insurance and investment products and services. Formed through the merger of Savings & Loans and Australian Central, Peoples Choice Credit Union has more than 350,000 members Australia wide. At Peoples Choice Credit Union, its customers are its owners so everything they do is designed to benefit their members.

See People's Choice Credit Union personal loans

NOW Finance

NOW Finance

Unsecured Personal Loan

6.95% p.a.to 17.95% p.a.

6.95% p.a.to 17.95% p.a.based on $30,000
over 5 years

SocietyOne

SocietyOne

Unsecured Personal Loan (Fixed)

6.99% p.a.to 9.49% p.a.

6.99% p.a.to 12.2% p.a.based on $10,000
over 3 years

OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

6.75% p.a.to 8.48% p.a.

6.96% p.a.to 8.69% p.a.based on $30,000
over 5 years

Symple Loans

Symple Loans

Personal Loan

5.75% p.a.to 21.99% p.a.

6.47% p.a.to 25.11% p.a.based on $30,000
over 5 years

Alex

Alex

Personal Loan

6.95% p.a.to 19.99% p.a.

6.95% p.a.to 19.99% p.a.based on $30,000
over 5 years

Liberty

Liberty

Personal Loan

6.45% p.a.to 26.99% p.a.

6.45% p.a.to 26.99% p.a.based on $30,000
over 5 years

CUA

CUA

Unsecured Personal Loan (Fixed)

9.39% p.a.

9.64% p.a.based on $30,000
over 5 years

Wisr

Wisr

Unsecured Personal Loan

7.95% p.a.to 19.45% p.a.

8.22% p.a.to 19.76% p.a.based on $30,000
over 5 years

Plenti

Plenti

New Car Loan (Fixed)

4.89% p.a.to 8.89% p.a.

5.44% p.a.to 9.46% p.a.based on $30,000
over 5 years

OurMoneyMarket

OurMoneyMarket

Car Loan

5.50% p.a.

5.85% p.a.based on $30,000
over 5 years

Wisr

Wisr

Secured Car Loan

5.19% p.a.to 18.95% p.a.

5.46% p.a.to 19.26% p.a.based on $30,000
over 5 years

Heritage Bank

Heritage Bank

Car Loan

4.89% p.a.

5.53% p.a.based on $30,000
over 5 years

loans.com.au

loans.com.au

New Car Loan (Fixed)

4.67% p.a.

5.22% p.a.based on $30,000
over 5 years

P&N Bank

P&N Bank

Secured Personal Loan

6.81% p.a.

7.80% p.a.based on $30,000
over 5 years

CUA

CUA

Secured Car Loan (Fixed)

6.79% p.a.

7.16% p.a.based on $30,000
over 5 years

loans.com.au

loans.com.au

Clean Green Car Loan

3.97% p.a.

4.51% p.a.based on $30,000
over 5 years

NOW Finance

NOW Finance

Unsecured Personal Loan

6.95% p.a.to 17.95% p.a.

6.95% p.a.to 17.95% p.a.based on $30,000
over 5 years

Plenti

Plenti

Unsecured Personal Loan (Fixed)

6.49% p.a.to 8.99% p.a.

6.84% p.a.to 9.34% p.a.based on $30,000
over 5 years

OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

6.75% p.a.to 8.48% p.a.

6.96% p.a.to 8.69% p.a.based on $30,000
over 5 years

SocietyOne

SocietyOne

Unsecured Personal Loan (Fixed)

6.99% p.a.to 9.49% p.a.

6.99% p.a.to 12.2% p.a.based on $10,000
over 3 years

Alex

Alex

Personal Loan

6.95% p.a.to 19.99% p.a.

6.95% p.a.to 19.99% p.a.based on $30,000
over 5 years

Liberty

Liberty

Personal Loan

6.45% p.a.to 26.99% p.a.

6.45% p.a.to 26.99% p.a.based on $30,000
over 5 years

CUA

CUA

Unsecured Personal Loan (Fixed)

9.39% p.a.

9.64% p.a.based on $30,000
over 5 years

Symple Loans

Symple Loans

Personal Loan

5.75% p.a.to 21.99% p.a.

6.47% p.a.to 25.11% p.a.based on $30,000
over 5 years

NOW Finance

NOW Finance

Unsecured Personal Loan

6.95% p.a.to 17.95% p.a.

6.95% p.a.

$0.00

Plenti

Plenti

Unsecured Personal Loan (Fixed)

6.49% p.a.to 8.99% p.a.

6.84% p.a.

$0.00

OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

6.75% p.a.to 8.48% p.a.

6.96% p.a.

$0.00

SocietyOne

SocietyOne

Unsecured Personal Loan (Fixed)

6.99% p.a.to 9.49% p.a.

6.99% p.a.

$0.00

Liberty

Liberty

Personal Loan

6.45% p.a.to 26.99% p.a.

6.45% p.a.

$0.00

Alex

Alex

Personal Loan

6.95% p.a.to 19.99% p.a.

6.95% p.a.

$0.00

Symple Loans

Symple Loans

Personal Loan

5.75% p.a.to 21.99% p.a.

6.47% p.a.

$10.00

Wisr

Wisr

Unsecured Personal Loan

7.95% p.a.to 19.45% p.a.

8.22% p.a.

$0.00