Queenslander’s Credit Union
- Debt consolidation loans up to $20,000
- Low-interest starting from 12.95%
- Repayment up to 5 years
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[Accessed May 3, 2023]
Queenslander’s Credit Union – Their debt solutions can help you
They have been providing banking services to their local communities for over 50 years now but Queenslander Credit Union can say with utmost pride that they are not a bank.
Queenslander is owned by its customers and they are 100% Australian. Because there is no need to make massive profits to keep shareholders happy, their main focus is on providing the best possible products and services, whilst giving back to the community.
Personalised banking
To provide banking that is personal is their promise to you. They are customer-owned, and for this reason, they request each of their customers at Queenslander Credit Union to be a part-owner by means of purchasing a $10 membership share. This share will be deducted from your Queenslander account when it is first opened and is refundable if you ever close your membership.
Membership enables you to have an equal and noteworthy opinion in the direction and governance of the Credit Union by joining and voting in their Annual General Meeting.
Your debt becomes one affordable payment
If you are feeling the pressure and being weighed down by multiple credit cards, loans or store cards, perhaps it's time to take a load off! They can assist by rolling a number or all your debts into one simple affordable personal loan.
This will alleviate the stresses of the juggling act, plus you will be saving on interest, by giving you a single consistent repayment to look after. If you would like to work out what your repayments will be, visit their personal loan calculator.
What is a personal loan?
A personal loan is a loan that is taken out for your own personal reason. You could use the funds to pay for an overseas holiday, expensive household items, a car, elective surgery, furniture or perhaps a wedding.
Bearing in mind that a personal loan is commonly also used for consolidating your debts into one package of debts that need to be paid off.
The charms of personal loans are that they can be approved by financial institutes quite quickly and can be used as debt consolidation loans. Many financial institutions are able to approve or deny a personal loan within one to three banking days, and there are some lenders that can approve a personal loan immediately.
Queenslander’s Credit Union – Consolidation loan
- Loan Type Debt consolidation loans
- Interest Rate from 12.95%
- Loan Amount up to $20,000
- Repayment 1 year to 5 years
Benefits of Queenslander’s Credit Union
- Debt consolidation
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.
Customer Reviews & Testimonials
Queenslander’s Credit Union Contact
Physical Address
- 127 George St Brisbane QLD 4000 Australia
- Get Directions
Postal Address
- GPO Box 2219, Brisbane, 4001, Australia
Opening Hours
- Monday 09:00 – 16:00
- Tuesday 09:00 – 16:00
- Wednesday 09:00 – 16:00
- Thursday 09:00 – 16:00
- Friday 09:00 – 16:00
- Saturday – Closed
- Sunday – Closed