Unity Bank - Consolidator Loan
Unsecured | Variable
The Consolidator Loan from Unity Bank has a comparison interest rate from 18.78% p.a. and an advertised interest rate from 18.24% p.a.. This loan has an establishment fee of $150. It also has a repayment term between 1 and 7 years. The Consolidator Loan has a Variable rate, Unsecured loan and a borrowing range from $500.
More details about the Unity Bank Consolidator Loan can be found below or visit Unity Bank to learn more or apply.
The loan type will be Unsecured with a comparison rate of 18.78% p.a. and an advertised rate of 18.24% p.a.
Advertised Rate
18.24% p.a. Variable
Comparison Rate
18.78% p.a.
Loan Term
1 to 7 years
Borrowing Range
$500
Interest
Rate Type
Variable
Advertised Rate
18.24% p.a.
Variable
Comparison Rate
18.78% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily
Loan Security
Loan Security
Unsecured
Loan Terms
Loan Term
1 to 7
years
Borrowing Range
$500
Repayment
Monthly, Weekly, Fortnightly
Features
Extra Repayments Allowed
Yes
Redraw Available
Yes
Fees
Establishment Fee
$150
one off
Loan Service Fee
$5
per month
Early Repayment Fee
$0
per event
Who is the product designed for?
The likely objectives, financial situation and needs of consumers in the target market are:
- Are seeking the flexibility to make extra repayments without a fee and/or seeking flexibility to redraw funds as required.
- Meet Unity Bank’s credit assessment requirements and receive sufficient regular income.
- Are seeking one repayment instead of multiple.
- Need funds to combine debt.
Visit Unity Bank to view Target Market Determination Effective From: 2024-10-05.
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