WESTPAC CAR LOAN
Westpac Car Loan (Car Loan)
        
With the Westpac New car loan you can borrow up to $100,000 to buy a new car. You can apply online or over the phone and could receive conditional approval for within minutes. This is a low, fixed interest secured loan, be aware however, you will have to pay a $250 establishment fee and also a $7.50 monthly service fee. Please make sure that you read all of their terms and conditions in detail before you apply so that you thoroughly understand your obligations. If you have any questions contact their customer support team.
Location: Australia
Lender/Broker: Lender
Advantages:
1. Borrow up to $100,000 with this low, fixed interest secured loan to buy a new or used car
2. You could receive conditional approval within minutes of applying over the phone
3. Reduce your monthly repayments by extending the term of the loan for up to 7 years
4. Choose how much to repay each month, as long as it results in your loan being repaid within 1 to 7 years.
5. Make extra repayments when you have additional funds to reduce the term of your loan faster
6. There is one simple monthly repayment so you know exactly how much you need to pay
7. Multiple repayment options
Disadvantages:
1. $250 establishment fee.
2. $7.50 monthly service fee.
3. If you choose a term greater than 2 years, and pay it out in less than 2 years, there is a prepayment fee of $175.
Services:
1. They aim to give you a decision within 24 hours of receiving your application.
2. If your employer is part of our Corporate Connections program, you may be eligible for a discounted rate.

APR: 11.49% - 12.99%Loan Amount: Between $4,000 and $100,000
Min Term: 1 yearMax Term: 7 years

Secured Loan: YesUnsecured Loan: No

Terms and Conditions:
This loan must only be used for personal purposes that do not contravene any laws in Australia or laws of any applicable overseas jurisdiction
Identification:
Your drivers licence number.
Suitable:
A new car for personal use.
Restrictions:
1. Permanent monthly income, which can be verified
2. Good credit history with no bankruptcies
3. Your Australian drivers licence number (if you have one)
4. Details of your current financial commitments
        
REVIEWS
Westpac Car Loan (Which Way To Pay - 21/2/2014)
Westpac Car Loan is ranked 3 out of 5. Based on 1 review.

3 Star Rating

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