Commonwealth Bank Variable Rate Personal Loan
-
Variable
$50,000
Moneybuddy says
The Commonwealth Bank Variable Rate Personal Loan is a standard variable rate personal loan that can be used for a variety of purposes. It has a moderate interest rate, the ability to make extra repayments, a flexible loan term and repayment schedule and you can access funds by linking to any Commonwealth Bank credit card or key card.
The Basics
Security -
Personal loan type Personal Loan
Start rate -
Interest Variable
Max. loan $50,000
The cool stuff: features
Loan insurance available? No
Repayment schedule -
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 1 month
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
- Make extra repayments at any time for no extra cost
- Redraw facility for withdrawing extra repayments
Cons
- Early repayment fee if loan repaid in less than 1 year (except for 1 year loans)
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