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The Capricornian - Car Loan - Fully Secured

Secured | Variable | New car

The Capricornian Car Loan - Fully Secured offers an advertised interest rate of 7.59% p.a. and a comparison interest rate of 8.02% p.a.. The Capricornian Car Loan - Fully Secured is a Variable rate, Secured loan with a borrowing range of between $3,000 and $100,000 and a maximum loan repayment term of 7 years.

More The Capricornian Car Loan - Fully Secured details can be found below or visit The Capricornian to learn more or apply.

Compare Car LoansProduct Image For The Capricornian - Car Loan - Fully Secured - Secured | Variable | New car
A Secured loan with an advertised rate of 7.59% p.a. and comparison rate of 8.02% p.a.
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Advertised Rate

7.59% p.a. Variable

Comparison Rate

8.02% p.a.

Loan Term

1 to 7 years

Borrowing Range

$3,000 to $100,000
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Interest

Rate Type
Variable
Advertised Rate
7.59% p.a.
Variable
Comparison Rate
8.02% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily

Loan Security

Loan Security
Secured
Secured By
Vehicle

Loan Terms

Loan Term
1 to 7
years
Borrowing Range
$3,000 to $100,000
Repayment
Fortnightly, Weekly, Monthly

Features

Extra Repayments Allowed
Yes
Redraw Available
Yes

Fees

Establishment Fee
$250
one off
Loan Service Fee
$0
per month
Early Repayment Fee
$0
per event

Who is the product designed for?

This product is suitable for retails clients who:

  • Reside in Australia
  • Are aged 18 years or more and meet the credit assessment criteria for the product
  • Are seeking a loan to purchase a brand new motor vehicle, motor bike, boat, jet ski caravan and/or a motor home
  • Are able and willing to offer the item purchased as acceptable security for the loan, so as to secure the personal loan interest rate - security value must be more or equivalent to the value of the loan
  • Need the flexibility to make additional repayments and a contractual right to redraw advance repayments as required
  • Are wanting a competitive rate that moves with market changes and
  • Is currently or wishes to become a shareholding member of The Capricornian Ltd.

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