Suncorp Personal Loans can help you get what you want sooner!
Found something you love, and need it right now? Suncorp Personal Loans can
help make it a reality today. With a quick and easy application process you can
buy a car, build a deck, or even consolidate your debts quicker than you may think.
Personal Loans and
Car Loans are available for any worthwhile personal purpose. If you already
have a personal loan, talk to us about refinancing to meet your needs today.
Key Features of our Personal Loans
Fast Approval
Conditional approval can usually be given 1 working day after your application is
received. Once everything checks out, you’ll get your money fast!
Low fees
A once off establishment fee of $175, and a $5 monthly account keeping fee is all
you’ll pay*
Fixed Competitive Interest Rate of
13.48% p.a.
The interest rate is fixed for the life of the loan, meaning your minimum repayments
never change – and budgeting is easier!
Flexible Terms
You can choose your payment frequency (weekly, fortnightly or monthly), term of
the loan (1-7 years), and there are no penalties for extra repayments*.
Use our Personal Loan calculator to estimate your repayments
Use this simple calculator to find out what your personal loan repayments will be.
We've included our unsecured personal loans interest rate in this calculator,
but if you'd like to see how much it would be with a different rate, simply type
over the rate that's showing .
Our unsecured personal loans interest rate is higher than our secured car loans
interest rate, because a secured loan means we use your car as security for the
loan.
Remember, this is only an estimate and other factors may need to be taken into
consideration. This calculator and the resulting calculations do not constitute
a loan application, loan offer, or loan approval.
Personal Loans in more detail...
Interest rates, fees and all the other details you need to know about your personal
loan.
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Feature
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Description
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Fast Approval
|
Conditional approval can usually be given the working day after we receive your
application. Apply online, and it can be even quicker. If everything checks out,
you'll have your loan fast.
|
|
Fixed competitive rate
|
Our Personal
Loan Interest rates are fixed for the term of the loan, making budgeting
easier because your minimum repayments never change.
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Low fees
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Pay a low establishment fee, a low account keeping fee, and no penalties for additional
repayments.*
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Repayment Flexibility
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Choose to repay your loan weekly, fortnightly or monthly or make extra repayments
to pay off the loan early*.
Simplify repayments by taking advantage of a direct salary transfer or automatic
transfer from your Suncorp account.
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Flexible loan terms
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Loans start at $5,000 and you can spread your repayments over a period of 1 to 7
years, depending on the loan amount and purpose. To apply online, your loan amount
must be less than $80,000. If you wish to borrow more than that, please call us
on 13 11 34, or drop into your local branch.
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* An Early Payout fee applies if you repay your loan within 12 months of settlement
and the term of the loan exceeding 12 months.
Personal loans are available to residents of QLD, NSW, ACT, SA, WA, Vic and
Tasmania who can settle their loan at a
Suncorp branch.
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Fees
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Establishment Fee (financed with the loan)
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$175
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Monthly account keeping fee
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$5 per month for the term of your loan
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Stamp duty
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Stamp duty and government charges apply
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Early Payout Fee
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$300 (Payable on the day the loan is paid out, when the loan is paid out within
12 months of settlement and the term of the loan exceeds 12 months.)
|
Personal
loan interest rates can change at any time up until you receive your money
(loan settlement). Once the loan has been settled, the interest rate will be fixed
for the life of the loan.
Interest Rates
Personal Loan - Unsecured
|
Loan Amount
|
Annual Percentage Rate
|
|
$5,000 and over
Personal loan interest rates can change at any time prior to a loan being funded (settlement) after which time the rate will be fixed for the Fixed Interest Period. |
13.48% p.a.
|
15.76% p.a.
(based upon $10,000 over 3 years)
14.07% p.a.
(based upon $30,000 over 5 years) |
Download the Comparison Rate Schedule in PDF format.
Comparison Rate
A Comparison Rate is a tool designed to help consumers identify the true cost of
a loan. This is because the Comparison Rate takes into account both the interest
rate and certain fees and charges relating to a loan, reduced to a single percentage
figure. The Comparison Rate does not include government charges, fees or duty. The
Comparison Rate also does not include fees and charges that are ‘event’ based and
may or may not be charged (eg. early payout fees). Such “event” based fees and charges
are not ascertainable when the comparison rate is disclosed.
WARNING: This comparison rate applies 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 schedules are available at any Suncorp branch.
