bcu Unsecured Freedom Personal Loan

Not yet rated

Looking for some financial flexibility? Take advantage of the low variable rates offered by the unsecured Freedom Personal Loan from bcu.

An unsecured Freedom Personal Loan from bcu can give you the flexibility to spend on whatever you deem necessary. This loan can be used for any worthwhile purpose, whether that’s an emergency trip to the dentist or a larger purchase such as furniture.

bcu offers you the ability to redraw from your loan as well as make additional repayments whenever you can. You can also take advantage of competitive rates and no early repayment fees.

Product Namebcu Unsecured Freedom Loan
Interest Rate (p.a.)From 9.55% (variable)
Comparison Rate (p.a.)12.65%
Interest Rate TypeVariable
Min Loan Amount$4,000
Max. Loan Amount$20,000
Loan SecurityUnsecured

Factors to consider about the bcu unsecured Freedom Personal Loan

The minimum amount you can borrow for this loan is $4,000 and the maximum amount is $20,000, with a term of between one year and five years. With a wide range of loan amounts and term lengths, you can enjoy the freedom that is promised with the name of this loan. There is a fast approval process, as you can be approved in as little as 30 minutes and you can apply either over the phone or online.

Features of the bcu unsecured Freedom Personal Loan

  • No minimum redraw amount. By having no minimum redraw amount, you can access your funds whenever you need to.
  • Low interest rates. Interest rates for this loan start from 9.55% p.a..
  • Flexible repayment options available. This loan offers the ability to make additional repayments without extra charge.
  • Early payout. There are no extra fees if you wish to pay out your loan early.
  • Variable or fixed-rate options available. Applicants are able to choose between a variable interest rate or a fixed interest rate.
  • Wide range of loan terms. bcu offers a minimum loan term of 1 year(s) and a maximum loan term of 5 year(s), which allows you to pay off your loan as quickly as you like.
  • Variety of loan amounts. With a minimum amount of $4,000 and a maximum amount of $20,000, you have the flexibility to use this loan for whatever you need.
  • Flexibility. You can use the loan amount for any item or expenditure that you choose.
  • Quick application process. You can apply online or over the phone, which will only take a short amount of time.
  • Quick approval process. You can be approved for this loan within 30 minutes.
  • Other associated fees. There is an initial application fee of $200, a monthly fee of $8 and a redraw fee of $8.

How to apply for the unsecured Freedom Personal Loan

To apply for this loan, click the “Go to Site” button on this page. You will be taken to the bcu website where you can learn more about this loan and begin the application process. Before you apply, you must ensure that you meet the following requirements:

  • You must be 18 years of age or older.
  • You must have an existing bcu product.

The unsecured Freedom Personal Loan allows you to take advantage of the low rates that bcu has to offer. Before you apply, make sure you compare personal loans to find the one that’s right for you and your circumstances.

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy & Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.
Ask a question
Go to site