Secured Loans

A secured loan allows you to borrow money based on the value of a large personal asset, like your home or car. You choose this asset to put up as a guarantee against the loan – the amount you can borrow will also be based on the value of that asset.

Credit Report        Secured Loans Information

You MUST apply through this site to guarantee any rate, spread, fee or margin listed

A secured loan means you are likely to be able to borrow quite large amounts of money (especially if your property high in value) but you do take on the large risk that if you fail to keep up with your repayments, you could lose your property. You may also need a good credit file and borrowing track record in order to get an approval for a Secured loan.

Please remember: THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR LOAN.

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Enquiry Line: +61 (0) 2 91916575

COMPANYTYPEAPRLOAN AMOUNTMIN TERMMAX TERMTERMSSUITABLEUNSECURED LOANSMORE INFO
St George
St George		Lender10.99 % (Fixed rate)$3,000 up to $80,0001 year7 yearsYou must be 18 years or older, and also a permanent Australian residentFlexible repayment optionsNoSt George
With the St George Secured Personal Loan you can enjoy a lower interest rate because you can use your vehicle as security for the secured loans. You can easily track and manage your secured loans repayments using internet banking and switch to eStatements and stop receiving paper statements
DETAIL INFORMATION >>		Services

Services

1. Choose to repay weekly, fortnightly or monthly
2. 10 to 15 minutes to complete your application


Restrictions

Restrictions

See website for terms and conditions


Advantages

Advantages

1. Enjoy a lower interest rate because your vehicle is used as security for the loan.
2. Flexible repayment options .
3. Convenient redraw facility.
4. Track and manage your loan repayments using Internet Banking
5. Switch to eStatements and stop receiving paper statements. You can also view, print and save at least 2 years of statements online
6. Variable rate available


Disadvantages

Disadvantages

1. One-time fee of $195
2. Flat monthly admin fee of $7

Bank of Melbourne Personal Loan
Bank of Melbourne Personal Loan		Lender10.99%$3000 - $80,0001 year7 yearsSee website for terms and conditionsFor those seeking a loan that they can secure there car to.NoBank of Melbourne Personal Loan
When you take out a new car loan you’ll know what to expect. It’s a fixed rate for the life of the loan, so there are no unexpected costs down the road. You can borrow between $3,000 and $80,000 and choose to make repayments weekly, fortnightly or monthly. You could even receive conditional approval before you go shopping.
DETAIL INFORMATION >>		Services

Services

1. 10 to 15 minutes to complete your application
2. Choose to repay weekly, fortnightly or monthly


Restrictions

Restrictions

To be eligible for this Bank of Melbourne Personal Loan you must be 18 years or older, and also a permanent Australian resident.


Advantages

Advantages

1. A lower interest rate, where we accept your car as security
2. Flexible personal loan repayment options. Choose a fixed interest rate for peace of mind that your repayments won’t change for the term of your loan, or a variable interest rate which lets you make extra repayments each month
3. The term of your secured personal loan is your choice. Choose a term of
4. 1 to 7 years for variable interest rate loans
5. 1 to 5 years for fixed interest rate loans
6. Fast and simple application process


Disadvantages

Disadvantages

1. There is a $195 Establishment Fee (Excludes government charges such as stamp duty, search fees, REVS fees or any other disbursements, wherever these are applicable.)
2. Monthly administration fee of $9

Westpac
Westpac		Lender13.39% - 14.29%$4,000 - $100,0003 years7 yearsYou must habe a permanent monthly income and a good history with no bankruptcies.Almost any personal purposeNoWestpac
With the St George Secured Personal Loan you can enjoy a lower interest rate because you can use your vehicle as security for the secured loans. You can easily track and manage your secured loans repayments using internet banking and switch to eStatements and stop receiving paper statements
DETAIL INFORMATION >>		Services

Services

1. You could receive a conditional approval within minutes of applying over the phone.
2. Borrow up to $100,000 with this low, fixed interest personal loan to buy items for your personal use


Restrictions

Restrictions

1. You must have a permanent monthly income, which can be verified
2. You must have good credit history with no bankruptcies
3. Your Australian drivers licence number (if you have one)
4. Details of your current financial commitments
5. You must provide your email address.


Advantages

Advantages

1. Borrow up to $100,000 with this low, fixed interest personal loan to buy items for your personal use
2. You could receive a conditional approval within minutes of applying over the phone.
3. Reduce your monthly repayments by extending the term of the loan for up to 7 years.


Disadvantages

Disadvantages

1. $250 establishment fee
2. $7.50 monthly service fee
3. If you choose a term greater than 2 years, and pay it out in less than 2 years, there is a prepayment fee of $175.
4. Missed payment fee of $9.00

Commonwealth Bank
Commonwealth Bank		Lender11.99%From $10,0001 year5 yearsYou must be an Australian citizenship or permanent residencyIf you want to purchase a new carNoCommonwealth Bank
The Commonwealth Bank Fixed Rate Secured Loan is perfect for you if you are looking to retire your old car and get something newer. By securing you loan against your new vehicle you can enjoy a low, fixed rate interest rate. You can choose the term of your secured loans from 1 to 5 years.
DETAIL INFORMATION >>		Services

Services

1. 24-hour access
2. Choose a term between one and five years, depending on what you're comfortable with.


Restrictions

Restrictions

1. You must have a good credit rating
2. You must be an Australian citizenship or permanent residency
3. You must be a minimum of 18 years old.


Advantages

Advantages

1. Enjoy a lower interest rate than unsecured loans
2. Know what you need to pay
3. Borrow $10,000 or more
4. Choose weekly, fortnightly or monthly repayments to suit your budget


Disadvantages

Disadvantages

1. An establishment fee payable of $250.
2. The first two cheques are free of chrage after that a fee of $5.40 applies for each additional cheque they issue on your behalf.
3. Loan service fee is $10.
4. You will be charged a late fee of $25
5. Your loan security is provided by your new car

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