COMMONWEALTH BANK
Commonwealth Bank (Personal Loan)
        
The Commonwealth Bank Fixed Rate Secured Loan is perfect for you if you are looking to retire your old car and get something newer. By securing you loan against your new vehicle you can enjoy a low, fixed rate interest rate. You can choose the term of your secured loans from 1 to 5 years. 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. Enjoy a lower interest rate than unsecured loans
2. Know what you need to pay
3. Borrow $10,000 or more
4. Choose weekly, fortnightly or monthly repayments to suit your budget
Disadvantages:
1. An establishment fee payable of $250.
2. The first two cheques are free of chrage after that a fee of $5.40 applies for each additional cheque they issue on your behalf.
3. Loan service fee is $10.
4. You will be charged a late fee of $25
5. Your loan security is provided by your new car
Services:
1. 24-hour access
2. Choose a term between one and five years, depending on what you're comfortable with.

APR: 11.99%Loan Amount: From $10,000
Min Term: 1 yearMax Term: 5 years

Secured Loan: YesUnsecured Loan: No

Terms and Conditions:
You must be an Australian citizenship or permanent residency
Identification:
Any original documents requested by the bank
Suitable:
If you want to purchase a new car
Restrictions:
1. You must have a good credit rating
2. You must be an Australian citizenship or permanent residency
3. You must be a minimum of 18 years old.
        
REVIEWS
Commonwealth Bank Secured Loan (Which Way To Pay - 10/1/2011)
Commonwealth Bank Secured Loan is ranked 3 out of 5. Based on 1 review.

3 Star Rating

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