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The Capricornian personal loans

The Capricornian has been a 100% community-owned credit union since 1959, offering personal loans to suit a range of customer needs. Because it’s not a bank, any profits made are reinvested back into improving its products and financial services. When it comes to The Capricornian’s auto loans and personal loans, not only do these loans have great rates, but they also have no ongoing or early repayment fees and flexible repayment terms. Read on to find out more about them...

The Capricornian offers the following personal loans

Rates and fees verified as correct at 1 March 2024. Other information correct at the time of writing. Advertiser disclosure.
Product Interest rate from Comparison rate from Upfront fee
Car Loan (Variable)

7.59% p.a.

7.94% p.a.based on $30,000
over 5 years


Personal Loan (Unsecured, Variable)

12.84% p.a.

13.21% p.a.based on $30,000
over 5 years


What personal loans does The Capricornian offer? 

Unsecured Personal Loan 

Looking for a variable rate personal loan that doesn’t require you to put up assets as collateral? You could consider The Capricornian personal loan. This product allows customers to take out anywhere from $5,000 to $75,000 over 1 to 5 years. 

There is a choice of weekly, fortnightly or monthly repayments as well as the option to make free extra repayments and redraws. On this loan there are no ongoing monthly service fees, exit or early repayment penalties if you pay down your debt ahead of time. Just remember to budget for the upfront cost when you apply. 

Car Loan 

If a car loan is what you are after, The Capricornian also has that up for grabs. It has the same loan term, loan amount, repayments and fees structure as the above mentioned loan. The only difference is that the loan is secured with the vehicle that you intend to buy and the variable interest rate is lower. 

The Capricornian personal loan features at a glance 

  • Repayment schedule options: The Capricornian personal loans can be paid down on a weekly, fortnightly or monthly basis.  

  • Extra repayments: On top of regular repayments, The Capricornian personal loan customers can make additional contributions at no extra cost.  

  • Redraw facility: Plus, there is also a redraw facility on The Capricornian personal loans, allowing borrowers to access any extra repayments they have made. 

  • No early repayment penalty: The Capricornian personal loans have no early repayment penalties attached to them - a feature you may find on other personal loans from a different lender. 

How do you apply for a The Capricornian personal loan? 

Customers can apply for a personal loan with The Capricornian online or over the phone. Along with your identification documents, like a licence or passport, there are a handful of other information that must be supplied on application. 

This includes: 

  • Income information (payslips, tax assessments etc)  

  • Other income information (Centrelink, rental income etc) 

  • Asset information (what you own - e.g. property, vehicles, savings etc) 

  • Liabilities information (what you owe - e.g. other loans, credit cards etc) 

  • Outline of other expenses (rent, child support etc)

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The Capricornian personal loans

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