Bank of us - Vehicle Loans
Secured | Variable | Used vehicle over 7 years old
The Bank of us Vehicle Loans has a loan repayment term of between 6 and 84 months and a comparison rate starting from 11.28% p.a.. This loan will be Secured with a Variable interest rate. The Vehicle Loans has advertised interest rates starting from 10.99% p.a. as well as a borrowing range of between $3,000 and $80,000.
More Bank of us Vehicle Loans details can be found below or visit Bank of us to learn more or apply.
A comparison rate of 11.28% p.a. and a loan type of Secured. There will also be an advertised rate of 10.99% p.a.
Advertised Rate
10.99% p.a. Variable
Comparison Rate
11.28% p.a.
Loan Term
6 to 84 months
Borrowing Range
$3,000 to $80,000
Interest
Rate Type
Variable
Advertised Rate
10.99% p.a.
Variable
Comparison Rate
11.28% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily
Loan Security
Loan Security
Secured
Secured By
Car, Motor Cycle, Boat, Caravan, Campervan.
Loan Terms
Loan Term
6 to 84
months
Borrowing Range
$3,000 to $80,000
Repayment
Monthly, Weekly, Fortnightly
Features
Extra Repayments Allowed
Yes
Redraw Available
Yes
Fees
Loan Service Fee
$0
per month
Early Repayment Fee
$0
per event
Who is the product designed for?
This product is suitable for retail consumers who:
- are aged 18 years or more
- are Tasmanian residents (in some cases, this product may be offered to interstate customers)
- are looking to buy a new or used vehicle (including car, motorcycle, boat, caravan, campervan)
- are seeking a personal loan to fund that purchase and are able and willing to offer that asset as security for the loan to obtain a lower interest rate
- need the flexibility to make unlimited additional repayments; and a contractual right to redraw advance repayments as required
- do not want to pay an ongoing fee
- meet the credit assessment criteria for the product
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