A competitive rate and flexible repayment options.
A personal loan helps you buy the things you want, so you can enjoy them now. Our Personal Loan can be used for almost anything. It has a competitive variable interest rate and flexible repayment options so you will not have to compromise your lifestyle.
Applying is easy and with a quick approval, you will have the finance you require in no time!
Main Features
- Weekly, fortnightly or monthly repayments.
- Additional repayments accepted.
- Redraw available (min $500).
- No Early Repayment penalty
- No maximum loan amount.
- 9 year maximum loan term.
- Optional Loan Repayment Insurance.
- Bonus Loan Protection.1
Interest
Calculated daily and charged monthly in arrears.
Repayments
Principal & Interest repayments.
Security
This loan is typically unsecured.
- Available to eligible applicants. Victoria Teachers Credit Union has insurance coverage with CUNA Mutual Life Australia Limited (CMLA) under which the remaining Personal Loan balance for eligible Personal Loans will be paid by CMLA to the Credit Union on a borrowers death whilst the insurance is current. Victoria Teachers Credit Union has put this insurance coverage in place at its own cost to remove the extra financial burden that families can have at this sensitive time. Details of the insurance cover held by the Credit Union can be obtained by contacting our friendly Member Service Consultants on 1300 654 822.