ANZ Graduate Loan
Moneybuddy says
The ANZ Graduate Loan is available to selected final year students and graduates within six months of the final exam. Interest is charged at a fixed rate for the first year, then reverts to the variable rate for the remaining 4 years.
The Basics
Security Unsecured
Personal loan type Personal Loan
Start rate 14.15%
Interest Variable / Fixed
Max. loan -
The cool stuff: features
Loan insurance available? No
Repayment schedule Weekly
Online application No
Redraw facility No
Early repayment allowed Yes
Additional repayments allowed No
The Facts & Figures
Comparison rate 15.19%
Min. loan $5,000
Min. term -
Max. term 5 months
The ugly stuff: fees
Signup fee $125
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
- Interest rate fixed in first year
- Pay only interest in first year
Cons
- No redraw facility
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