Bananacoast Community CU Special Car Loan
-
Variable
$75,000
Moneybuddy says
The Queensland Credit Union known as Bananacoast offers a variable rate loan with interest starting at 8.95 per cent. The minimum amount one can borrow is perhaps higher than others - $10,000 – but the maximum too is a fairly large $75,000. One of the good things is that there is a lengthy seven years for the maximum term in which to pay the loan back, while the loan itself is available for the purchase of new or used cars.. Both additional and early repayments are permitted, while there is a $150 application fee for anyone taking this loan out.
The Basics
Car type -
Security Secured
Car loan type Conventional Car Loan
Start rate -
Interest Variable
Max. loan $75,000
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 $10,000
Min. term -
Max. term 7 months
The ugly stuff: fees
Signup fee -
Exit fee -
Monthly fee -
* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.
Pros
- New or used carsHigh maximum of $75
- 000
Cons
- Minimum loan of $10
- 000 High application fee
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