Personal
Loan
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
| Establishment Fees |
No |
| Administration Fees |
No |
| Service Fees |
No |
| Repayment Frequency |
W, F, M 1 |
| Additional
Repayments Accepted |
Yes |
| Redraw Available |
Yes (min $500) |
| Redraw Fees |
No |
| Early Repayment Penalty |
No |
| Maximum Loan
Amount |
No maximum
|
| Maximum Loan Term |
9 Years |
Interest
Calculated daily and charged monthly
in arrears.
Repayments
Principal & interest repayments.
Security
This loan is typically unsecured.
How Do I Apply?
Applying for your
Loan is easy. Simply download a Personal
Loan application . Complete the application, attach
the required documentation (as detailed below) and
return it to the Credit Union by mail, fax or take it to one
of our Member Service Centres in Camberwell or Moonee Ponds.
To book an appointment with one of our friendly Member Service
Consultants, or request an application form, call 1300
654 822.
Documentation
You will need to attach the following documentation to your
application:
-
3 months of Bank Statements (if you have been a Member
for less than 6 months).
- Evidence
of Income -
provide one of the following (unless you currently have
your whole of pay deposited to a Credit Union account):
-
A letter from your current employer.
Current payslip(s) showing employers name and
address.
- If
you are self-employed you may need to provide:
- Profit
and Loss statements and Balance Sheets for the last
years, or from commencement of business (whichever
is the shortest)
-
Tax Assessment Notices and Tax Returns for the previous
2 years.
-
If you have another source of income, please specify on
the application and supply evidence.
- If you require a loan for the
following purposes, please provide the stated supporting
information:
- Debt Consolidation - Statement(s)
from creditor(s).
- Travel - a copy of your
itinerary and extended leave approval stating the type
of leave (i.e. long service, annual leave without
pay).
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