Westpac Flexi Loan - Personal Loan
(Which Way To Pay Australia - 21/2/2014)
The flexi loan is a reusable personal loan with a fantastic rate. You can use it for whatever you want travels, renovations, a wedding or a new car. The great thing about this loan is you only need to pay interest on the funds that you have used, not the whole amount of your loan.

This means you will not need to pay interest on the money that you do not spent which you have borrowed. There are flexible repayment options from 1 year to five years. To withdraw your money, your account needs to be in good order but withdrawals will need authorisation.

The minimum monthly repayment is equal to 2% of the closing monthly unpaid balance or $10 whichever is greater, plus the greater of any unpaid past due amounts.
Westpac Flexi Loan is ranked 4 out of 5. Based on 1 review.

4 Star Rating
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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Westpac Flexi Loan