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QBANK - All Purpose Loan

Unsecured | Variable

The QBANK All Purpose Loan offers an advertised interest rate from 13.24% p.a. and a comparison interest rate from 13.86% p.a.. The QBANK All Purpose Loan is a Variable rate, Unsecured loan with a minimum borrowing range of $1,000 and a loan repayment term of between 1 and 7 years.

More QBANK All Purpose Loan details can be found below or visit QBANK to learn more or apply.

Compare Personal LoansProduct Image For QBANK - All Purpose Loan - Unsecured | Variable
An Unsecured loan with an advertised rate of 13.24% p.a. and comparison rate of 13.86% p.a.
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Advertised Rate

13.24% p.a. Variable

Comparison Rate

13.86% p.a.

Loan Term

1 to 7 years

Borrowing Range

$1,000
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Interest

Rate Type
Variable
Advertised Rate
13.24% p.a.
Variable
Comparison Rate
13.86% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily

Loan Security

Loan Security
Unsecured

Loan Terms

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

Features

Redraw Available
Yes

Fees

Establishment Fee
$195
one off
Loan Service Fee
$5
per month
Early Repayment Fee
$0
per event

Who is the product designed for?

The objectives, loan purpose and financial situation of customers in the target market are:

Objectives

  • This product offers a competitive interest rate and is suitable for those who are seeking low monthly
    fees and flexible repayments.

Loan Purpose

  • This product is suitable for those who are seeking a general personal loan or a debt consolidation
    loan of more than $1,000 and are seeking to repay the loan within 7 years.

Financial Position

  • QBANK will make reasonable enquiries about the Member's financial situation. To assess whether this product is affordable to the Member,QBANK will consider the Member's income or benefits, living expenses, other debts, credit history, specific life events, temporary difficulties and any information that will assist QBANK to understand the Member's full financial position.

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