Queenslander’s Credit Union

• Debt consolidation loans up to $20,000
• Low-interest starting from 12.95%
• Repayment up to 5 years

Table of Contents

---

Queenslander’s Credit Union – They have affordable debt solutions

By choosing a secured personal loan you may get yourself the best flexible interest rate possible.

If you are thinking of buying a car, motorbike, caravan or perhaps a boat then this option is ideal for you. Should you have an asset that is acceptable in other words the personal or vehicle loan needs to be secured, then you can use the funds for anything your heart desires.

Unsecured loans

The bank is depending entirely on your earnings to repay the long or short-term loan.

Another option for an unsecured loan is the personal overdraft facility, once you have used the full balance of your savings or transaction account your overdraft amount then comes into play, bearing in mind that there is interest charged on the balance of your overdraft, if you are using your overdraft facility, a monthly fee will be charged in order to maintain the line of credit, but if you are not using the overdraft facility only normal fees for your savings or debit account will be charged.

Benefits

• There are no regular service fees.
• They offer free redraw through phone and internet banking.
• You can make additional payments allowed at any time without paying any penalty fees.
• You are able to settle your debt consolidation loan account early.
• You have a choice of weekly, fortnightly or monthly repayments.
• You can make repayment within 7 years or 5 years if secured by an asset over 5 years old.
• These options are available for personal and business use.
• You are able to Borrow up to 150% of the price of the asset being used as a guarantee.
• The item being purchased does not have to be used as a guarantee (For instance, if you already own a car they want to borrow money to take a trip, you can offer your current car as a guarantee on the loan and borrow funds at a discounted rate for your trip.)

Original home loan

The offer on a home loan offers a low variable rate, home loans don’t need to be complex, and it’s all about getting back to basics

Home loan features

• There are no regular service fees.
• The mortgage offset is free.
• Extra payments are allowed at any time and no penalty is to be paid.
• They offer free redraw through phone and internet banking.
• Choose repayments between weekly, fortnightly or monthly repayments.
• Repayment terms are up to 30 years.
• Available for owner-occupied purposes.

Fixed-rate home loan

Picking a fixed interest rate permits you to set your budget in advance and relax knowing your repayments won’t increase - even if official interest rates increase.