Loans
Advantage loan
Advantage loan
Our Advantage loan gives you:
For larger loans from $7,501 to $15,000
- Interest rate is fixed and your repayments won’t vary
- Very competitive interest rate
- Repayments to suit you - weekly, fortnightly, 4-weekly or monthly
- No application, fees or early repayment charges
- Maximum loan term is 60 months
Interest rate
7.9% APR
Things you should know
- You must be a homeowner for at least three years
- Employed for at least three years
- Have no adverse credit (for example CCJs or payment defaults) in the last 36 months
- Be up to date on any current borrowing with SCU
- Have the disposable income to meet the loan repayment
Representative Example Borrow $12,000 over 60 months, repay $241.26 per month, total amount payable (including interest of $2,475.20) is $14,475.20. Annual interest rate (fixed) is 7.64%. 7.9% Representative APR |