CUA Unsecured Fixed Rate Personal Loan Rates and Fees | finder.com.au
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CUA Unsecured Fixed Rate Personal Loan

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Matt Corke
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Get unlimited additional repayments and a competitive fixed rate with the CUA Unsecured Fixed Rate Personal Loan

The CUA Fixed Rate Personal Loan is an all-purpose lending product that lets you borrow up to $50,000 to cover the cost of any major purchase. You get a competitive fixed rate and a number of repayment options that give you flexibility when it comes to paying off your loan.

3 things you should know about this loan

  • Early repayment option. You can make additional payments or repay your loan early without penalty.
  • Fees. There are no monthly fees with this product, however you will need to pay a $175 establishment fee.
  • Redraw facility. If you make extra repayments, you can redraw these at any time for free. However, keep in mind that there is a $200 minimum for redraws made in a CUA branch.

9.39% (fixed)

Interest Rate (p.a.)

9.64%

Comparison Rate (p.a.)

$5,000

Min Loan Amount

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Details

Product NameCUA Unsecured Fixed Rate Personal Loan
Interest Rate (p.a.)9.39% (fixed)
Comparison Rate (p.a.)9.64%
Interest Rate TypeFixed
Min Loan Amount$5,000
Max. Loan Amount$50,000
Loan SecurityUnsecured
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Main points to consider with the CUA Unsecured Fixed Rate Personal Loan

There are no monthly fees associated with this loan and you can borrow up to $50,000 You will receive a fixed rate of 9.39% p.a. with a comparison rate of 9.64% p.a.

For those who are looking for personal loans for a new car, CUA has a fixed rate car loan to consider. The interest rate is 6.79% p.a. and just like with the personal loan, you can choose a flexible repayment schedule that fits in with your budget.

Features of the CUA Unsecured Fixed Rate Personal Loan

This is a competitive personal loan that's worth considering when you're trying to meet a high-priced personal need. The features include:

  • Competitive fixed rate. You will be charged a fixed rate of 9.39% p.a.
  • Loan terms. You can choose to pay your loan off over a period of 1 year to 7 years.
  • Flexible repayments. The repayment terms are flexible for this loan and can be made according to your pay schedule. You can also make as many additional repayments as you wish with no worry of penalties or charges if the loan is paid off sooner than expected.
  • Redraw. You can redraw any additional repayments you make using the convenient redraw facility attached to this loan. Keep in mind there is a $200 minimum for in-branch redraws.
  • How much you can borrow. You can borrow between $5,000 and $50,000 with this personal loan.
  • No monthly fees. You won't pay any ongoing fees during the loan.

How to apply for the CUA Unsecured Fixed Rate Personal Loan

You can apply for this personal loan product from CUA online, and to do so just click "Go to Site" to start your application. Before you begin, make sure that you are able to meet the following eligibility requirements:

  • Be at least 18 years of age
  • Be an Australian permanent residents or citizen
  • Be able to provide proof of a regular income
  • Have not declared bankruptcy or insolvency
  • Have had no defaults on any forms of finance in the past five years

If you can meet these requirements, click 'Go to Site' to begin the application. Have the following documentation ready to help with the questions you will be asked on the application:

  • Personal information. Your name, birth date and current address will have to be disclosed. You may also need to provide an e-mail address in order for a representative from CUA to contact you.
  • Income. A detailed description of your current employment situation including contact information and earnings.
  • Identification. Your driver's licence number, passport or Medicare card may be required.
  • Liabilities. A complete listing of your current debts. Include any other loans and credit cards.
  • Assets. Your personal assets. This could include property, vehicles and savings accounts.

This is a good personal loan to consider if you need money to cover the cost of a major expense. When comparing this to other personal loans, look carefully at the varying interest rates and other fees that may be included so that you can find the right loan for your needs.

Personal Loan Offers

Important Information*
Logo for Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 24.79% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.

More info
Logo for ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan

You'll receive a fixed rate of 10.5% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants.

More info
Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.

More info
Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

More info

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51 Comments

    Default Gravatar
    Con
    September 26, 2018

    Hi,

    I was wondering if I could get a personal loan. I have been self employed for 4 months will this be an issue?

    Reply
      Avatarfinder Customer Care
      John
      September 26, 2018

      Hi Con,

      Thank you for leaving a question.

      Yes, self-employed applicants can still apply for a CUA Unsecured Fixed Rate Personal Loan as long as you would be able to show that you have a steady income coming in apart from the requirements mentioned below:

      Be at least 18 years of age
      Be an Australian permanent residents or citizen
      Be able to provide proof of a regular income
      Have not declared bankruptcy or insolvency
      Have had no defaults on any forms of finance in the past five years

      Hope this helps!

      Cheers,
      Reggie

      Reply
    Default Gravatar
    Dylan
    August 3, 2017

    Hi, I would like to find out if it is possible with my low credit score to apply for a loan to consolidate some of my debt. I want to pay off my credit card and get a personal loan.

    Reply
      Avatarfinder Customer Care
      Jhez
      August 4, 2017

      Hi Dylan,

      Thanks for your comment.

      Yes, it is possible. While it is true that having a low credit score can limit your options, we do have a page you might want to check. Read through the bad credit debt consolidation guide to see your options. It also comes with various information on how you can consolidate your debt when you have a low credit score.

      I hope this helps.

      Regards,
      Jhezelyn

      Reply
    Default Gravatar
    Alice
    July 14, 2017

    I need to find finance options for gender reassignment Surgery in Australia. I’m expecting it to cost up front 20,000 although 3/4 should be eligible for a refund. I’m on a disability pension, but desperately need this surgery to complete my journey.

    Reply
      Default Gravatar
      Jonathan
      July 15, 2017

      Hello Alice,

      Thank you for sending your inquiry over. :)

      We understand that this is a very important step for you. Most lenders of our medical loans would require employment which currently doesn’t match your form of income.

      You may consider loans for people on Centrelink payment as well. We have listed lenders ranging from banks, government and community financial assistance. You may use the calculator on that page to know how much you can borrow.

      Kindly review the eligibility requirements of each lender. You may select the “Go to Site” button of your chosen lender to proceed with your application.

      Hope this helps.

      Cheers,
      Jonathan

      Reply
    Default Gravatar
    SImone
    June 8, 2017

    HI,
    If you know of, I am wandering if you know if i can apply for a personal loan from CUA to repay my flexiloan from another banking institution which has much higher interest rate and also compound interest
    Thanks

    Reply
      Default Gravatar
      Liezl
      June 8, 2017

      Hi Simone,

      Thanks for reaching out.

      If you meet CUA’s eligibility and documentation requirements listed above then you’ll be able to apply for this loan. You can select the ‘Go to Site’ button to begin the application.
      You can also check other loan refinancing options for more details.

      I hope this helps.

      Cheers,
      Liezl

      Reply
    Default Gravatar
    Negusco
    March 17, 2017

    CAN A CANADIAN MAKE AN APPLICATION FROM CANADA

    Reply
      Avatarfinder Customer Care
      May
      March 17, 2017

      Hi Negusco,

      Thank you for your inquiry.

      Unfortunately, this loan is only available to Australian permanent residents or citizen. This is same is true for all other lenders listed on our pages. You might want to contact a bank or a lender in Canada instead.

      I’m sorry I couldn’t be of more help.

      May

      Reply
    Default Gravatar
    Sue
    December 19, 2016

    My husbands application has been with your verification team for over a week now. We have asked for a call back from them 3 times with no response. Is this normal. I am very frustrated at the lack of communication.

    Reply
      Avatarfinder Customer Care
      Dee
      December 19, 2016

      Hi Sue,

      Thanks for reaching out.

      Please note that you have reached Finder, a comparison website. We don’t represent CUA.

      You can directly call CUA on 133 282 to verify the status of your loan application.

      In the meantime, you can also check other personal loans featured on our website.

      Cheers,
      Anndy

      Reply
    Default Gravatar
    Akile
    October 27, 2016

    Hallow, my name is Akile George Akile. Am from Tanzania and am doing small business. Can I please get loan from your organisation for expanding my business?

    Reply
      Avatarfinder Customer Care
      Elizabeth
      October 27, 2016

      Hi Akile,

      Unfortunately these loans are only for current Australian residents. You may need to find a lender in Tanzania to expand your business.

      Sorry I couldn’t be of more assistance,

      Elizabeth

      Reply
    Default Gravatar
    Chanel
    October 20, 2016

    Hi I was just wondering if you earn under 15000 are you still eligible to get a loan for 8000!?

    Reply
      Avatarfinder Customer Care
      Elizabeth
      October 20, 2016

      Hi Chanel,

      CUA will only approve you for a loan amount you can afford. To determine this it takes into account your employment, your income, your assets, debts and liabilities. You might find this borrowing power calculator useful. It gives you an estimate of how much you can borrow.

      Hope this helps,

      Elizabeth

      Reply
    Default Gravatar
    Karen
    August 27, 2016

    Hi,
    I am wanting to get a loan but have just started working. How long do I have to have a regular income for before I can apply for a loan?
    Thanks

    Reply
      Avatarfinder Customer Care
      Elizabeth
      August 29, 2016

      Hi Karen,

      Most lenders require at least three months of bank statements to show a stable working history, they may also require that you have been working for a certain amount of time (usually three months but can be as high as six or 12 months for casual/part-time employees) to show that you’re out of your probation period.

      If you have questions regarding your eligibility you may want to contact CUA directly.

      Hope this helps,

      Elizabeth

      Reply
    Default Gravatar
    A
    August 7, 2016

    I already have a CUA personal loan – can I apply online to increase the loan amount to consolidate debt?

    Reply
      Avatarfinder Customer Care
      May
      August 8, 2016

      Hi A,

      Thanks for your inquiry.

      CUA Fixed Rate Personal Loan is available to new and existing customers, so yes, you can apply for this loan. Before submitting your application, please contact CUA first as they may have to require you to supply additional documents.

      Cheers,
      May

      Reply
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