Victoria Teachers Credit Union
Personal Loans
Our Personal Loans
Student Loan
Share Loan
Car Loan
Personal Loan
Revolving Personal Loan
Line of Credit
Credit Card
our personal loans
Share Loan

Our Share Loan allows you to purchase shares for investment purposes.

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 5 Years


Interest
Calculated daily and charged monthly in arrears.

Repayments
Principal & interest repayments.

Security
This loan is typically unsecured (goods mortgage and/or Guarantor may be required).


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.
  • Please 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 2 years, or from commencement of business (whichever is the shortest).
    • Tax Assessment Notices and Tax Returns for the last 2 years.
  • If you have another source of income, please specify on the application and supply evidence.


1. Weekly, fortnightly or monthly repayments.



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