Fixed Personal Loan
Purchase the items you want…sooner
Whether you’re thinking about borrowing to buy a car, a boat, or to renovate your home, Holiday Coast Credit Union can help.
Secure your loan using the value of your current motor vehicle (less than 10 years old) to help finance you into a
new car, a holiday, pool or even to consolidate high priced credit cards.
With a fixed rate personal loan, your interest rate stays the same for the life of the loan, which means that you will always know exactly what your repayments will be.
ABOUT THE PRODUCT
Holiday Coast Credit Union Fixed Rate Personal Loan offers you flexible terms and a competitive interest rate designed to fit your needs and budget. Because the loan is fixed you are guaranteed for the term of the loan that your repayments will remain unchanged... and because your loan is fully secured this is reflected in a lower interest rate when compared to an "unsecured" or "partially secured" personal loan.
ELIGIBILITY
Available for new and existing Borrowers.
SECURITY
A Holiday Coast Fixed Personal Loan is a fully secured loan meaning that we will require an asset as collateral for the loan. A secured loan means that the credit union is covered from any possible financial loss if you were unable to meet your repayments. As a result of the risk to the credit union is less, so is the interest rate applicable to the secured loan which will save you money.
CURRENT INTEREST RATE
Interest is calculated daily and charged monthly. When interest is calculated daily, weekly or fortnightly repayments result in less interest being charged to your loan over the course of the loan.
FIXED INTEREST RATE
A fixed rate Personal Loan is right for you if you feel comfortable with an interest rate that will remain unchanged for the life of the loan. With a fixed rate you will always know the amount of your payments so you can budget better.
LOAN PURPOSE
Purchase new or used car, home renovations, holiday, consolidate debt and other worthwhile purposes.
FEES
Application fee applies, however there are no on-going service fees on any of our Personal Loan products. Other fees may apply such as legal costs, valuations, stamp duty. We will advise you on application of any fees applicable to you.
BENEFITS THAT DELIVER REAL SAVINGS
- No penalty for early payout of loan
- Make additional repayments without penalty
TOOLS TO HELP YOU GET STARTED
READY TO APPLY FOR A PERSONAL LOAN TO SUIT YOUR NEEDS?
It's easy, so when you’re ready to apply, or if you have any questions regarding a Personal Loan from Holiday Coast Credit Union;
- Visit your local branch and we'll set up an appointment for you to speak with one of our fully qualified and experienced lenders
- Call us on 1300 365 7 24, between 8am and 6pm Monday, Wednesday, Thursday & Friday, 8am and 5pm Tuesday, and speak to a Holiday Coast Member Contact team member
- Apply on-line
- Contact us and we'll make arrangements for one of our mobile lenders to come to you!
Lending criteria and fees and charges apply. Terms and conditions apply and are available on request. Lending product is issued by Holiday Coast Credit Union Ltd. Information on this website does not take into account your personal needs and financial circumstances. We recommend that you read the important information about our lending products in considering if this product is right for you.