Loan Type |
Security |
Interest Rate |
Comparison Rate 1 |
Student Loan |
Parental Guaranteed |
9.95% pa |
9.95% pa |
Guaranteed |
10.95% pa |
10.95% pa |
|
|
Unsecured |
11.95% pa |
11.95% pa |
:: Student Car Loan information
Student Loan Features |
|
No establishment or ongoing annual fees |
Avoid paying any establishment, annual or ongoing fees with a Unicredit student loan. Government fees may apply. |
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 Bank@Post outlet . |
Extra repayments with no early payout penalty |
Make extra repayments on loans without penalty and reduce the interest payments and term of your loan. |
24-48 hour approval |
A quick answer on your loan application so you can go shopping for your car, computer or books without delay. |
Loans available from $1,000 |
Only borrow the amount you need, with student loans available from $1,000. |
Loan terms range from six months to 5 years |
Set a repayment schedule that you are comfortable with over six months to 5 years. |
On campus branch convenience |
Our conveniently located branches on your university campus make it easy to speak to a Unicredit representative about your loan enquiry. |
Personalised and professional service |
Call Unicredit and speak directly to a friendly Lending Consultant to discuss your personal financial needs. |
Casual employment or Austudy/ Youth Allowance accepted |
Unicredit accept part-time or casual employment in addition to Austudy/ Youth Allowance as sources of income when assessing your capacity to repay the loan. |
Minimum payments per fortnight *
|
Parental |
Secured by |
Unsecured |
|
$2,000 |
$42 |
$42 |
$43 |
Min Payment for 2 years |
$3,000 |
$44 |
$45 |
$45 |
Min Payment for 3 years |
$5,000 |
$48 |
$50 |
$51 |
Min Payment for 5 years |
$10,000 |
$97 |
$100 |
$102 |
Min Payment for 5 years |
$15,000 |
$146 |
$150 |
$153 |
Min Payment for 5 years |
* please note this table only provides a rough repayment guide for the borrower and is subject to change with the potential movement in rates. All loan applications are conservatively evaluated for repayment affordability by your lending consultant based on the information you provide.
