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From 10.99% (fixed)
Interest Rate (p.a.)
11.24%
Comparison Rate (p.a.)
$2,000
Min Loan Amount
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Product Name | First Option Bank Fixed Rate Personal Loan |
---|---|
Interest Rate (p.a.) | From 10.99% (fixed) |
Comparison Rate (p.a.) | 11.24% |
Interest Rate Type | Fixed |
Min Loan Amount | $2,000 |
If you want the peace of mind that comes from knowing your loan's interest rate or repayments will not change during your term, then considering applying for a fixed rate loan. What helps is that you don't have to pay any ongoing account-keeping fees, you can make extra and early repayments, and you can even access your extra payments through a redraw facility.
You can use proceeds from this loan for just about any worthwhile purpose like taking a vacation, paying bills, or getting by a temporary setback.
The Fixed Interest Personal Loan from First Option comes with a number of features, and this is what you need to know:
When it comes to repaying this loan, like any other, you have to repay more than just the amount you borrow. While the interest rate is one aspect you should know of, take into account all other fees and charges associated with this loan. First Option gives you a clear picture of all associated fees and charges through the offer contract, and here's what you can expect to pay over time.
You can walk into any First Option branch to apply, you can apply over the phone, and you can even apply online. Applying online is easy, but if you're considering applying, make sure you meet the following eligibility criteria:
The application process requires you to part with different kinds of information, so it's best that you keep the following close at hand.
Getting this fixed rate loan that offers repayment flexibility and allows extra repayments can give you the financial assistance you need, but since this is not a one-of-its-kind loan, compare it with a few others before deciding.