LCU - Personal Loan
Secured | Variable
The LCU Personal Loan offers an advertised interest rate from 15.25% p.a. and a comparison interest rate from 15.55% p.a.. The LCU Personal Loan is a Variable rate, Secured loan with a borrowing range of between $2,000 and $50,000 and a loan repayment term of between 1 and 7 years.
More LCU Personal Loan details can be found below or visit LCU to learn more or apply.
An Secured loan with an advertised rate of 15.25% p.a. and comparison rate of 15.55% p.a.
Advertised Rate
15.25% p.a. Variable
Comparison Rate
15.55% p.a.
Loan Term
1 to 7 years
Borrowing Range
$2,000 to $50,000
Interest
Rate Type
Variable
Advertised Rate
15.25% p.a.
Variable
Comparison Rate
15.55% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily
Loan Security
Loan Security
Secured
Loan Terms
Loan Term
1 to 7
years
Borrowing Range
$2,000 to $50,000
Repayment
Monthly, Weekly, Fortnightly
Features
Extra Repayments Allowed
Yes
Redraw Available
Yes
Fees
Establishment Fee
$200
one off
Loan Service Fee
$0
per month
Early Repayment Fee
$0
per event
Who is the product designed for?
The retail clients for whom this product has been designed are individuals who:
- Are seeking a loan to pay for a reasonable purchase such as a holiday, car or debt consolidation.
- Are 18 years of age or more and can meet the credit assessment criteria for the product.
- Where applicable, are willing to offer a registered security over the loan (or other acceptable security) as security for the loan.
Visit LCU to view Target Market Determination Effective From: 2024-03-01.
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