Australian Defence CU New Car Loan

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Start rate
-

Interest
Variable

Max. loan
-

Moneybuddy says

This is a variable rate loan from the Defence Credit Union, with a very competitive interest rate that starts at 7.75 per cent. The loan is secured, and thereâ€™s a minimum amount of $5000 that can be used to pay for new cars up to twelve months old. The loan is to be paid back with fortnightly premiums, while there is no penalty for early repayment or additional repayments. An application fee of $75 is also required.

The Basics

Car type New

Security Secured

Car loan type Conventional Car Loan

Start rate -

Interest Variable

Max. loan -

The cool stuff: features

Loan insurance available? Yes

Repayment schedule Weekly

Online application Yes

Redraw facility Yes

Early repayment allowed Yes

Additional repayments allowed Yes

The Facts & Figures

Comparison rate -

Min. loan $5,000

Min. term -

Max. term -

The ugly stuff: fees

Signup fee -

Exit fee -

Monthly fee -

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