Borrow from $1,000 to $25,000
Always know what you'll have to pay with fixed monthly repayments spread over 1 to 5 years for loans of $15,000 or less, or over 1 to 8 years for loans over $15,000.
Quick access to funds
Existing CCU current account customers could receive the money instantly once your application has been approved and the loan agreement has been signed. Non-CCU current account customers could receive the money into a nominated account 3 working days after the signed loan agreement is received.
Get a quick decision
If you've got an CCU current account you can get an instant credit decision, while non-CCU current account customers should get a credit decision in 2 to 5 working days.
Make overpayments free of charge
Manage your finances the way you want with the flexibility to overpay, which could reduce the amount of interest you have to pay.
Rate information
6.6% APR representative.
This rate is available for loans between $7,000 and $15,000.
*The rate is subject to change and the representative APR may not be the rate you'll receive. We'll offer you a rate based on our assessment of your personal financial circumstances. The maximum APR you could be offered is 22.9%.
Things to know about our personal loans
Who can apply?
You can apply if you:
are over 18 and a resident
have an annual taxable income or pension, before tax, of $10,000 or more
have a bank or building society account with a Direct Debit facility
Not available for customers with a Basic Bank Account.
Our loans are subject to status.
What you can't use your loan for?
We don't offer Personal Loans for a number of purposes including:
- The purchase of property or land (both residing & Overseas) including holiday homes and apartments
- purchasing a joint stake in a property or buying out a joint owner
- mortgage deposit (regardless of lender or country)
- gifting funds to third parties to support the purchase of a property, including mortgage deposit, stamp duty and solicitors fees
- gambling
- business purposes
- sharedealing
