personal loan
Suitable for any worthwhile purchase, such as a holiday or furniture. Also use to consolidate debts if you have outstanding amounts on several credit, charge or store cards - it's a great way to manage and take control of your finances.
- min $1,000
- low interest rates
- easy access
- free loan protection insurance up to $120,000
low interest rate
A low variable interest rate that is calculated on the daily balance to ensure that you gain immediate benefit from loan repayments. This helps you to pay your loan off sooner rather than later.
easy access
Enjoy secure 24/7 access to your accounts with the convenience of our Internet and Telephone Banking services.
Another simple and convenient way of depositing money into mecu on a regular basis is our salary crediting system. Simply give your payroll officer your mecu account number and mecu 's BSB number and your salary will be deposited directly into your account. No fuss.
free loan protection insurance paid up to $120,000
mecu loans include Loan Protection Insurance for no additional cost. In the event of an unexpected death of the borrower/s, the loan is paid out to a maximum of $120,000, thus protecting the family from the burden of repaying the loan. Family homes may be protected from the risk of a forced sale. Peace of mind is now included.
rates
Click to view mecu 's personal loans rates, fees and charges.
Personal Loans Significant Terms and Conditions
- New loans come with free Loan Protection Insurance up to $120,000 for eligible borrowers.
- Variable interest rates apply to personal loan products.
- Minimum amount $1,000.
- Revolving credit facilities require a minimum monthly payment, as per various contractual arrangements.
- Full terms, conditions, fees and charges are available on request and on application. Contact mecu for further details.
* The comparison rate is based on an unsecured loan of $10,000 for 3 years. Fees and charges may be applicable. Click on Comparison Rate to read more
IMPORTANT: The Comparison Rate applies only to the example given. Different amounts and terms will result in different Comparison Rates. Cost such as redraw fees, early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.
