St. George Unsecured Personal Loan
- Interest Rate (p.a.)
- 7.00% to 21.99%
- Comparison rate (p.a.)
- 8.41% to 23.28%
- Min Loan Amount
- $2,000
Summary
Take advantage of a competitive minimum interest rate starting from 7.00% with this variable rate loan.With a Finder Score of 7.8 the St.George Variable Rate Personal Loan ranks in the bottom half of our database. Its minimum interest rate is on the more competitive side starting from 7.00%.
However this is offset by its fees. The loan charges a $250 application fee which is in the top half of higher fees. There is also a $15 ongoing monthly fee.
Pros
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Redraw feature available
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Low minimum borrowing amount
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Extra repayments allowed
Cons
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$15 monthly fee
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$0 early termination fee may apply
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Fee charged to access the redraw facility
Details
Product details
| Product Name | St.George Variable Rate Personal Loan |
| Interest Rate (p.a.) | 7.00% to 21.99% |
| Comparison rate (p.a.) | 8.41% to 23.28% |
| Interest Rate Type | Variable |
| Min Loan Amount | $2,000 |
| Max. Loan Amount | $50,000 |
| Loan Security | Unsecured |
How does St.George Variable Rate Personal Loan compare?
- Competitive minimum interest rate. The starting interest rate of 7.00% is in the top half of lower rates we have compared.
- Higher than average application fee. The $250 application fee is in the top half of higher fees in our database.
- Ongoing monthly fees. A $15 monthly fee adds to the cost of this loan compared to other products.
How does the St. George Unsecured Personal Loan work?
This loan comes with a variable rate and terms up to 7 years. You can apply for between $2,000 and $50,000.
You will be charged an establishment fee of $250 and will have to pay a $15 monthly fee. You can also make additional repayments and access them using a redraw facility but you will need to pay $10 to use this feature.
How to apply
Click 'Go to Site' to start filling out your online application form for this loan. The process will take 10-15 minutes but first make sure you have everything you need:
Are you eligible?
- You must be 18 years or older
- You must be an Australian permanent resident or citizen
- You will need to open a Complete Freedom or Express Freedom account as part of your application if you are not an existing St.George customer
Each applicant will need to provide:
- Australian photo ID (driver's licence or passport)
- Details of your income, assets, expenses and savings
- Current employer's name, address and contact number
- Limits of credit and store cards, including balances and repayments
- One personal reference with name, address and contact number
Upon completion of your online application, you will be advised whether you are approved within 60 seconds. You can save an incomplete application form to return to later if you don't have all the documents required and you can keep up to date with the progress of your application via email or SMS.
It is important to compare personal loans before making a final decision. Please click 'Go to Site' if you think the St.George Unsecured Personal Loan - Variable Rate is the best fit for you.
Features of this loan
- Interest rate. St.George's variable interest rate for this loan starts from 7% p.a. with a comparison rate of 8.41% p.a.
- Flexible repayments. You can opt for your repayments to be weekly, fortnightly or monthly depending on what works best for you.
- Loan amount and terms. You can borrow between $2,000 and $50,000 for a period of 1 to 7 years years.
- Redraw facility. St.George offers a convenient redraw facility. You can access any extra payments you have made for a fee of $0 (minimum $500 redraw amount).
- Repayment options. You can choose a consistent payment schedule of weekly, fortnightly or monthly to suit your budget. You can also make extra repayments to pay off your loan sooner and use Internet banking to manage and keep track of your repayments
How much does the St. George Unsecured Personal Loan cost?
- $250 establishment fee.
- $15 monthly fee.
- Loan Discharge fee. You will pay a $150 fee if you fully repay the loan within the first 12 months, or $100 if you repay the loan after the first 12 months but before the end of the loan term.
- Redraw fee. You will pay a $10 fee to access the redraw facility on your loan.