Commonwealth Bank Variable Rate Personal Loan
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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 p.a. -
Interest -
Max. loan -
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 p.a. -
Min. loan -
Min. term -
Max. term -
The ugly stuff: fees
Signup fee -
Exit fee -
Monthly fee -
* 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.
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 * year (except for * year loans)
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