Take a closer look at the features of a loan with Unicredit -

Unicredit Loan Features
No ongoing monthly or annual fees	Only pay upfront establishment fees.
Easy to manage repayment schedule	Choose weekly, fortnightly or monthly repayments to match your pay cycle.
Range of repayment options	Choose automatic deductions from your Unicredit account or salary or make your repayments at any Unicredit branch or Post Office.
Extra repayments and early payout on variable loans without penalty	Make extra repayments on loans with variable interest rates without penalty and reduce the interest payments and term of your loan.
Fast approval	A quick answer on your loan application so you can go proceed with your purchase without delay.
On campus branch convenience	Our branches are conveniently located on your university campus making it easy to speak to a Unicredit representative about your loan needs.
Personalised and professional service	Call Unicredit and speak directly to a friendly Lending Consultant to discuss your personal financial needs.

For more information about the range of loan options available at Unicredit, you can click on the links below. Alternatively, you can discuss your personal lending and financial needs with a lending officer by calling 9389 1011 or email enquiries@unicredit.com.au.

Loan products available:

• Home loans
• Personal loans
• Student loans
• Visa debit card overdraft
• MyCard MasterCard

 

Speak to a Lending Consultant –

• You can speak to a Lending Consultant Monday to Friday, 8.30am to 4.30pm by calling Unicredit on 9389 1011 or email enquiries@unicredit.com.au.
• You can also make an appointment with a Lending Consultant to discuss your loan requirements anytime during office hours.

 

Interstate Lending: As a general rule, Unicredit will lend to Western Australian based members only.

Non-Australian Resident Applications : As a general rule, Unicredit will not lend to new applicants who are not resident in Australia.

Mutual Banking Code of Practice – Lending Policy

Unicredit is a signatory to the Mutual Banking Code of Practice. This Code explains in simple terms how we treat our members fairly. Unicredit follows responsible lending practices and endeavours to avoid providing credit where it could lead to our members experiencing financial difficulties.  However, if one of our members does experience financial difficulties, we will work with that member in a constructive way. The Mutual Banking Code of Practice is available by clicking on this link (1.2mb PDF document), however an extract of the sections that relate specifically to lending follows…

6. Responsible lending practices

(6.1) We will always act as a responsible lender.

(6.2) We will base our lending decisions, including decisions to extend existing credit facilities, on a careful and prudent assessment of your financial position…

(6.3) We will generally only lend amounts to you that we believe, on the information available to us, you can reasonably afford to repay. However, different criteria will apply in the case of some products, such as bridging finance arrangements…

(6.4) We expect you to provide honest and accurate information to us when applying for a loan or the extension of a credit facility. However, where it is prudent to do so, we will also undertake our own independent checks.

(6.5) We will promote the responsible use of credit to our members and customers using a range of approaches.

 

24. If you are in financial difficulties

(24.1) We will work with you in a constructive way if you experience genuine difficulties meeting your financial commitments. With your agreement and commitment, we will try to assist you to overcome those difficulties. We will do this whether or not you have a right to seek a hardship variation or change under consumer credit laws.

(24.2) Without limiting (24.1), we will have procedures in place to ensure we:

• adhere to hardship variation or change provisions of consumer credit laws
• respond promptly to any request or application made to us (We may also initiate contact to discuss your financial situation)
• genuinely consider your application or request, taking account of your situation. However, we will only be able to do this if you provide us with the financial information and documents we may reasonably need to assess your situation for ourselves
• encourage you to keep making whatever payments you can while we are considering your request
• consider longer term as well as short-term financial issues when they are relevant. If you are experiencing longer term difficulties, we will try to develop an appropriate solution with you to allow you to meet your obligations
• not list your default on your credit reference file while we are considering your application or request
• when you have made an application or request in respect of a debt, not sell that debt to a debt buy-out business while we are still considering the application or request
• suggest other options or avenues that may be available to you, if we are unable to agree to your application or request
• if we agree on a plan to assist you, summarise this in a letter to you
• if we are unable to assist you, advise you promptly in writing, and refer you to a financial counselling or similar service in appropriate cases (subject to availability).

 

Further product information -

• Fees and charges
• Interest rates