Hume Personal Loans

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A fixed rate personal loan with your choice between secured or unsecured.

The personal loan from Hume Bank can help you fund a range of purposes and offers your choice of secured or unsecured. The loan comes with a fixed rate from 4.95% p.a. and terms up to 5 years. Loans from $2,000 are available.

Find out everything you need to know about this loan to make your decision in this review.


From 4.95% (fixed)

Interest Rate (p.a.)

5.16%

Comparison Rate (p.a.)

$2,000

Min Loan Amount

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Details

Product NameHume Unsecured Personal Loan
Interest Rate (p.a.)
From 4.95% (fixed)
Comparison Rate (p.a.)5.16%
Interest Rate TypeFixed
Min Loan Amount$2,000
Loan SecurityUnsecured

Main points to consider about Hume Personal Loans

Hume Bank offers you the choice between an unsecured or a secured loan, with each option coming with different rates.

In either case your personal loan will come with a fixed interest rate. If you want a lower rate of 4.95% p.a. you will need to provide security, which can be either a vehicle under five years of age or a term deposit. Otherwise your rate will be 4.95% p.a. Lower rates are also available for Hume Bank Property Package Special holders.

The personal loan terms start from 1 year and extend up to 5 years. You’re able to apply for a minimum of $2,000.

Features of the Hume personal loan

Some of the features with this personal loan include:

  • Low fees. You benefit from no monthly fees. There are no fees for early repayment either.
  • Flexible repayments. You can choose from weekly, fortnightly or monthly payments that are tailored to your personal finance schedule.
  • Unsecured or secured options. You’re able to choose between an unsecured or secured loan option. If you want to put forward an asset, such as a car under five years old or a term deposit, you will receive a rate of 4.95% p.a.. If you opt for an unsecured personal loan, a rate of 4.95% p.a. will apply.
  • Loan terms. You’re able to choose between 1 year and 5 years loan terms. You are able to choose which one benefits you.
  • Unlimited online redraw facility. There is an online redraw facility that is unlimited. You have access to this if you’re approved for the loan.
  • Straightforward fees. You immediately know how much the fees are with this loan, including the application fee of $150.
  • Online application process. You’re able to apply online and this process takes up to 15 minutes.

How to apply for the Hume personal loan

In order to be eligible for this loan, you simply click on “Go to Site” and ensure you meet the following:

  • Be 18 years or older
  • Be an Australian permanent resident or an Australian citizen

Make sure you have the following on hand to complete your application:

  • Personal information such as your name and address
  • Financial details including your income, assets and liabilities
  • Employment details
  • Documentation such as recent payslips, identification and documents proving your address

If you meet these requirements, you’ll be contacted by a Hume lending specialist and asked to provide any other paperwork within one business day. If you’re unsuccessful in your loan application, you’ll be notified via email.

Get a personal loan through Hume Bank and benefit from the option of unsecured or secured. However, always compare which personal loan will meet your needs and decide if it’s right for you.

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 25.69% 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.

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. Note: These rates are available until 2 February 2021. Credit, eligibility criteria and terms & conditions apply.

Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% 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.

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.

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