If you’re looking to buy a used car or another type of motor vehicle, like a car, boat, caravan or motorcycle, we offer a competitive secured personal loan option.
Our Secured Personal Loan is also a great option if you want to use an existing vehicle as security for financing another purpose, such as funding a well-earned holiday, purchasing household goods, sporting goods or consolidating personal debt into one manageable loan.
Our Secured Personal Loan is generally available for larger amounts up to $50,000, and having the security of a vehicle over the loan means we can offer a lower interest rate than our Unsecured Personal Loan option.
If you don't have security you can provide, don't worry as we have an unsecured personal loan option available – find out more about our unsecured personal loans. Or, if you're looking to renovate your home, we have personal loans available for renovation purposes.
- Available for a range of purposes
- Terms up to 7 years
- Pre-approval available to give you more bargaining power
- No deposit required
- Able to make extra repayments no early repayment fees
- Choice of weekly, fortnightly or monthly repayments
- Borrow from $1,000 to $50,000
Rates & Fees
|Product||Interest rate||Comparison rate|
|Secured personal loan - new car up to 3 years old||6.79||7.39***|
|Secured vehicle loan||9.75||10.34***|
|Secured personal loan||9.75||10.68***||
Loan rates effective Monday 1 February 2016
|Document fee||Document fees may apply|
|Loan maintenance fee||$10|
The fine print
***WARNING: These Comparison Rates apply only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan. Comparison Rate calculated on a secured loan of $30,000 over a five year term based on monthly repayments. A Comparison Rate schedule is available online or at any Queensland Country Credit Union branch.
Please be aware that variable interest rates may change at any time without agreement. All interest rates quoted are per annum. Fees and charges are payable. Normal lending criteria, terms and conditions apply and are available on request. Before acquiring this product, the information above should be read in conjunction with the following documents to determine if this product is right for you: Personal Loan brochure, Credit Guide, Fees and Charges brochure, and the Loan Interest Rate Schedule.