This is the perfect solution when you need ongoing readily available finance with the flexibility of Visa Debit Card access and the control of a Personal Loan.

We have eliminated the need to repeat paperwork when you require funds. You can access funds at your convenience for those projects around the house or even a wedding.

You are not required to pay any scheduled loan repayments, however you can choose to make repayments in order to reduce interest charged and save you money. Our friendly Lending Consultants will provide you with the repayment amount you would need to pay to finalise the debt over a designated period of time determined by you.

Main Features

Interest
Calculated daily and charged monthly in arrears.

Repayments
Repayments are not required. However, it is recommended that you make principal and interest repayments to reduce your loan balance.

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.