A Complete Range
Whether you are buying a home, investment property, new car, consolidating debts or simply need some extra money for something special – chances are, we have the loan for you. You can
borrow for almost any worthwhile purpose.
Real Value
At SECU our interest rates are proudly always very competitive. We also offer bonus options with most loans. Some of the bonus options are designed to help you reduce interest or your
repayment term. Others give you the flexibility to better suit your lifestyle needs.
Friendly and Personal Approach
We look at each application individually and try to look at your entire situation to offer a loan package best suited to your needs, always trying to offer you the best value solution
possible. We also do our best to find a way to say ‘your loan is approved’. We understand you are eager for an answer so try and process your application as quickly as possible. You can
also ask for a ‘Pre-Approved’ loan, giving you peace of mind knowing your budget in advance of making any commitment.
Home Loans
You may want to purchase a new home, an investment property, do some renovations or use the equity in your home as a first mortgage to obtain some extra funds at a much lower rate than a personal loan or credit facility. No matter what your needs, we have the right home loan for you.
When it comes to your loan repayment options you have the choice of principal and interest, interest only or a combination of the two – called a Split Home Loan.
The choice is usually up to you. Some of our popular features:-
- No application or approval fees.
- Very competitive loan rates.
- Pre-Approval loan option.
- Variable interest, interest only or ‘split’ interest rate options.
- Borrow up to 95%.
- No ongoing account keeping or monthly fee.
- Free redraw facility.
- 100% Mortgage Offset Account Option.
- Easy to make additional repayments.
- Repay monthly, fortnightly or weekly.
- Home, contents and landlord insurance available.
- Optional insurance options to help pay your loan when you cannot.
Car Loans
New
or used with ‘pre-approval’ option.
When you want to buy your next car, call SECU first. It doesn’t matter if it is a much loved ‘classic’, a used car or brand new
vehicle straight off the production line. We have the right Car Loan for you.
We usually approve most Car Loans within 24 hours. Plus you can have your loan Pre-Approved. This puts you in control when negotiating a price.
Need help finding the best price for a new car? Through the Private Fleet car buying service you can receive the fleet owner benefits formerly only available to large companies. This
service is available to all Members and could potentially save you money.
Car Loans
We usually approve most Car Loans within 24 hours. Plus you can have your loan Pre-Approved. This puts you in
control when negotiating a price.
Below are some of the great features when taking out a SECU Car Loan.
- Very competitive loan rates with various repayment terms.
- Pre-Approved loan option.
- New and Used Car Loan interest options.
- Quick turnaround approval process.
- Private Fleet car buying service available.
- No ongoing account keeping or monthly fee.
- Free redraw facility.
- No early payout penalties.
- Easy to make additional repayments.
- Repay monthly, fortnightly or weekly.
- Comprehensive and CTP Green Slip car insurance available.
- Optional insurance options to help pay your loan when you cannot.
Personal Loan
For any worthwhile purpose.
A holiday, extra cash, debt consolidation or that new ‘thing’ you always wanted. Our Personal Loans are available for any worthwhile
purpose. The other great thing with a Personal Loan is that you know exactly when your loan with be repaid, unlike using a credit card typically at a higher rate.
We usually approve most Personal Loans within 24 hours. Plus you can have your loan Pre-Approved. This puts you in control.
Add to this very competitive rates and a range of flexible options Members actually want and you have a Personal Loan the way it should be!
Personal Loan
We usually approve most Personal Loans within
24 hours. Plus you can have your loan Pre-Approved. This puts you in control when negotiating a price.
Below are some of the great features when taking out a SECU Personal Loan.
- Very competitive loan rates with various repayment terms.
- Pre-Approved loan option.
- Quick turnaround approval process.
- No ongoing account keeping or monthly fee.
- Free redraw facility.
- No early payout penalties.
- Easy to make additional repayments.
- Repay monthly, fortnightly or weekly.
- Optional insurance options to help pay your loan when you cannot.
Line Of Credit
Best of both worlds & often better than a credit card.
In many ways, we think a SECU Line of Credit offers you the best of both worlds, without the need to have a
credit card. After all, credit cards all too often charge a much higher rate than our Line of Credit. Why pay more interest?
Our Line of Credit gives you access to extra cash when you need it. It is ‘linked’ to your main Multi Access Account. When combined with our Visa Debit Card you enjoy 24/7 worldwide ATM,
EFTPOS, Telephone and Internet access - plus all the other features our Multi Access account offers!
Interest is only charged on the amount used. The other good news is we offer secured and unsecured loan options. No matter which option you choose, your interest rate is much lower than
that charged by most credit card providers. Our Line of Credit really does offer you the best of both worlds.
Line Of Credit
We usually approve most applications within 24 hours. A Line of Credit
offers you the best of both worlds, without the need to have a credit card but still enjoying complete 24/7 worldwide access. A great way to have extra cash available - when you need
it!
- Very competitive loan rates, typically much lower than credit cards.
- Complete 24/7 worldwide access with our Visa Debit card.
- Same interest rate for electronic purchases or cash advances. Quick turnaround approval process.
- No ongoing account keeping or monthly fees.
- Balance linked to your Multi Access Account.
- No early payout penalties.
- Easy to make additional repayments.
- Repay monthly, fortnightly or weekly – with automatic repayment facilities.
- Optional insurance options to help pay your loan when you cannot.
Car Buying
Service
As a member you will receive a free subscription to this service.
Through the Private Fleet car buying service you can receive the fleet owner benefits formerly only available to large companies. This service is available to all Members and could
potentially save you money. They can also assist you with finding a used car.
Private Fleet will:-
- Find your new or used car at the best possible price.
- Often negotiate attractive discounts on new vehicles.
- Value your trade-in vehicle.
- Vehicles sourced through Government Auctions, Wholesalers etc..
- Obtain extended warranties when available.
Click here to browse the Private Fleet website.
Don’t forget to
quote your Member Number to save and enjoy a free subscription to this service!
Mortgage Offset
Reduces the interest on your SECU mortgage by using your savings.
Although not a loan, our Mortgage Offsret option is a very attractive feature you can enjoy when you take out a SECU mortgage. If you have a SECU mortgage and some
savings, or the ability to put aside some extra savings each pay, then you will love this account! 100% of every dollar you have in this account will reduce the interest
calculated on your mortgage.
For example, if you had $10,000 in your Mortgage Offset account the monthly interest on your mortgage balance would be calculated on the outstanding balance as if it was $10,000 lower.
Another great outcome is you usually do not pay tax on interest saved... unlike interest earned!
Mortgage Offset
If you have a SECU mortgage and some savings, or the ability to put aside some extra
savings each pay, then you will love this account!
- Offsets interest calculated on your SECU mortgage.
- Balance held in Mortgage Offset account is ‘at call’.
- No account keeping fees.
- Access your account remotely by telephone or Internet – 24/7
- Deposit part of your earnings or other payments via direct credit.
- Easy to transfer funds to or from other accounts using internet or telephone banking.