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Northern Beaches CU Variable Personal Loan

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A flexible personal loan up to $35,000 where you can make extra repayments and redraw them if you need to.

  • Please note that Northern Beaches Credit Union (NBCU) and Community First Credit Union (CFCU) have merged.

This variable rate personal loan lets you apply for amounts from $5,000 to use for any worthwhile purpose, from consolidating debt to making a large purchase. The loan comes with a variable rate from 13.49% p.a. and flexible repayments, including allowing you the option of making extra repayments and using a redraw facility to access those repayments if you need them.

Read this review to find out more about this personal loan.


From 13.49% (variable)

Interest Rate (p.a.)

13.78%

Comparison Rate (p.a.)

$5,000

Min Loan Amount

Details

Product NameNorthern Beaches Variable Personal Loan
Interest Rate (p.a.)
From 13.49% (variable)
Comparison Rate (p.a.)13.78%
Interest Rate TypeVariable
Min Loan Amount$5,000
Max. Loan Amount$35,000
Loan SecurityUnsecured
  • Please note that Northern Beaches Credit Union (NBCU) and Community First Credit Union (CFCU) have merged.

Main points to consider with the NBCU Variable Rate Personal Loan

This loan is unsecured and comes with a variable personal loan rate from 13.49% p.a. and a comparison rate of 13.78% p.a.

You can apply for a loan between $5,000 and $35,000 and you'll have between 1 year and 5 years to repay what you borrow. You can make extra repayments during this time and access these repayments through a redraw facility.

Features of the NBCU Variable Rate Personal Loan

The following are some of the features that come with this loan:

  • No monthly account-keeping fees. This loan comes with no monthly account-keeping fees.
  • Extra repayments. You can make extra repayments on your loan amount without penalty.
  • Redraw feature. You can redraw your extra repayments whenever you need the funds.
  • Flexible loan terms. The loan terms range from 1 year to 5 years.
  • Flexible repayment options. You are able to choose between weekly, fortnightly or monthly repayments. You can tailor these to suit your cash flow needs.
  • Self-employed people can apply for this loan. If you are self-employed, you’re probably used to lenders rejecting your application since your income isn’t the most stable month to month. However, with NBCU, you are able to apply for a variety of loans that they have on offer, including this personal loan.
  • Unsecured loan. This loan is unsecured, which means that you do not have to put an asset forward as security in order to be eligible for the funds available.
  • Loan amounts. You can apply for a minimum of $5,000 and a maximum of $35,000 without security through NBCU.

How to apply for the NBCU Variable Rate Personal Loan

You can apply by clicking on “Go to Site” and ensuring you meet the following:

  • Be over the age of 18
  • Have a regular income
  • Not be bankrupt
  • Are an Australian citizen or permanent resident
  • Have not had any defaults on loans, credit cards, interest-free finance or store cards in the last five years
  • Have been in your current job longer than six months

Some information you might need to provide includes the following:

  • Your personal details. This includes information such as your current address, your previous address, your phone number and a working email address.
  • Details of your income. You also need to provide information about your employment, any assets that you might own, such as a home, car or savings, as well as accurately show your current debt situation.

This variable rate personal loan is ideal for those who like to redraw any extra repayments they make. Compare other personal loan options and decide which loan is best 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 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 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.

Logo for Pepper Money Unsecured Fixed Rate Personal Loan
Pepper Money Unsecured Fixed Rate Personal Loan

You'll receive a fixed rate between 6.95% p.a. and 17.95% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Make additional repayments or pay off the loan early, penalty-free.

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