St George Bank Variable Car Loan

Moneybuddy says

The St George variable personal loan is perfect as a car loan. It is secured finance which lets you redraw money when you need it - a rare feature with car loans. Repay the amount in weekly, fortnightly or monthly instalments. Enjoy peace of mind with consumer credit insurance. Apply online and get a response in 60 seconds. A redraw fee of $10 applies.

The Basics

Car type Used and New

Security Secured

Car loan type Conventional Car Loan

Start rate p.a. 12.74%

Interest Variable

Max. loan $80,000

The cool stuff: features

Loan insurance available? Yes

Repayment schedule Fortnightly or Monthly

Online application Yes

Redraw facility Yes

Early repayment allowed Yes

Additional repayments allowed Yes

The Facts & Figures

Comparison rate p.a. 13.62%

Min. loan $3,000

Min. term 12 months

Max. term 84 months

The ugly stuff: fees

Signup fee $195

Exit fee $150

Monthly fee $9

* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. Money Buddy earns a referral fee in the form of a commission payment per successful application from redirecting website users to St George Bank's website. Website users have no obligation to apply for a product or service that they may be referred to by this website.

St George Bank says

Apply online and get a fast decision in 60 seconds

Your vehicle is used as security to help keep rates low

Borrow from $3,000 to $80,000

Choose from fixed or variable rate

Repayment terms from 1 to 7 years available on the variable secured personal loan

Key features

  • Apply online and get a decision in a fast 60 seconds
  • Your vehicle is used as security to help keep rates low
  • Borrow from $3,00 to $80,000
  • Choose from fixed or variable rate
  • Repayment terms from 1 to 7 years available on the variable personal loan

Pros

  • Redraw facility
  • Fast approval
  • Debt consolidation available
  • Up to 7 years repayment terms

Cons

  • Early repayment fee of $150 within the first 12 months and $100 thereafter.
 

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