Product | Interest rate from | Comparison rate from | Upfront fee |
---|---|---|---|
Car Loan (Up to 7 years old, Fixed, Secured) |
7.19% p.a. |
7.54% p.a.based on $30,000 |
$250.00 |
Consolidator Loan (Variable, Unsecured) |
18.24% p.a. |
18.78% p.a.based on $30,000 |
$150.00 |
Personal Loan (Variable, Unsecured) |
14.24% p.a. |
14.79% p.a.based on $30,000 |
$150.00 |
Car loan
After a new set of wheels? At Unity Bank, there’s a fixed or variable rate loan option to make it happen. The minimum loan amount is $10,000, and the maximum term to pay it off is 10 years. You’ll get the option to make free extra repayments, as well as use the free redraw facility. But remember, there’s both an upfront application and monthly service fee to pay, and you will have to put the vehicle you’re buying up as security against the loan.
Unsecured personal loan
Looking at a kitchen renovation, overseas holiday or maybe a new boat? With an unsecured personal loan from Unity Bank, you can borrow amounts starting at $500, for a term of up to 7 years. There’s a fixed or variable rate option available, and you won’t have to put up any assets as security. Pay off the loan quicker by making extra repayments, and don’t forget you can also make use of the free redraw facility. Keep in mind there’s an upfront application plus an ongoing service fee to consider.
Consolidator loan
If you’re looking to consolidate your existing debt into one easy to manage loan, the consolidator loan from Unity Bank might be perfect. With a minimum loan amount of $2,000 and terms of up to 7 years, this is a variable rate, unsecured loan. You can make free extra repayments and use the free redraw facility, as well as choosing your own repayment schedule. Just don’t forget to factor the cost of the upfront application and ongoing service fee into the cost of the loan.
To apply for a loan with Unity Bank, you’ll have to be over 18 and an Australian citizen or permanent resident. You’ll have to supply details about your finances, including employment, debts and assets. Also, don’t forget to bring I.D., like your Driver’s licence or passport.
The last thing you should remember when applying for a loan with Unity Bank, is that you’ll need to become a member. This means buying a $10 membership share, which can be refunded if you ever decide to stop banking with Unity Bank.
Mozo users have rated Unity Bank personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
9 Reviews
Simply the best.
Read full reviewSimply the best.
I have been with this provide for 22 years and they have always looked after me and treated me like a person. They go above and beyond in looking after me with no issues.
Read full reviewI have been with this provide for 22 years and they have always looked after me and treated me like a person. They go above and beyond in looking after me with no issues.
Being a single mother the credit union was the only financial institution that would look at me for car finance. Their rates are far cheaper than the finance companies most unemployed people have to go to.
Read full reviewBeing a single mother the credit union was the only financial institution that would look at me for car finance. Their rates are far cheaper than the finance companies most unemployed people have to go to.
Were very helpful in consolidating debts into one easy to manage personal loan. Personal loan has good redraw facility and allows you to pay additional off the loan
Read full reviewWere very helpful in consolidating debts into one easy to manage personal loan. Personal loan has good redraw facility and allows you to pay additional off the loan