St.George Secured Fixed Rate Personal Loan

Rates and Fees verified correct on May 25th, 2017

Attach an eligible new or used vehicle to this loan as security and then use the funds for whatever purpose.

By offering your car as security, you can take advantage of a competitive fixed rate of 8.49% p.a. over a maximum term of $80,000. Find out what eligibility criteria there are for vehicles and what loan features are on offer

Product NameSt.George Secured Personal Loan - Fixed Rate
Interest Rate (p.a.)From 8.49% (fixed)
Comparison Rate (p.a.)9.39%
Interest Rate TypeFixed
Min Loan Amount$3,000
Max. Loan Amount$80,000

Pros

  • Use a new or used car as security
  • Competitive interest rate
  • Use the funds for any purpose

Cons

  • Application fee of $195
  • Service fee of $9 should be paid monthly
  • Fees charged for early repayment

Main points to consider about the St.George Secured Personal Loan — Fixed Rate

This loan comes with a competitive fixed rate of 8.49% p.a. when you attach a vehicle as security. This car cannot be more than 12 years old at the end of the loan term. There is an application fee of $195 as well as a monthly service fee of $9.

This loan comes with a maximum term of 5 year(s) but if you need longer to repay you can consider the St.George Secured Variable Rate Personal Loan, that has a loan term up to seven years.

Features of the St.George Secured Personal Loan — Fixed Rate

  • Competitive fixed interest rate. When your car is offered as security for the loan, you are eligible for an interest rate of 8.49% p.a. for the life of the loan. The comparison rate is 9.39% p.a.
  • How long you have to repay. You can choose a term between 1 5 years to suit your needs.
  • How much you can borrow. You can borrow between $3,000 and $80,000 depending on your individual circumstances.
  • Flexible repayment options. To suit your budgeting requirements, you can choose to make your repayments weekly, fortnightly or monthly.
  • Fees and charges that apply. There is a $195 establishment fee and ongoing $9 monthly administration fee. If you want to repay your loan early there is a charge of $150 within the first 12 months, or $100 after that.

How to apply for the St.George Secured Personal Loan — Fixed Rate

To apply for the St.George Secured Fixed Rate Personal Loan, click ‘Go to site’ and you will be transferred to a secure online application form.

Are you eligible for this loan? You must be:

  • Over 18 years of age
  • An Australian permanent resident
  • You may also be eligible if you've recently moved to Australia

Documentation you will require for each applicant includes:

  • Driver’s licence
  • Income details
  • Current employer’s name and contact details
  • Details of your assets, savings and investments
  • Details of any outstanding debts, including repayment amounts and balances owing
  • One personal reference

You do not need to be an existing St.George customer to apply. Applying online takes 10-15 minutes and if you don’t have all your details on hand you can save your application and return to it within 30 days.

You will receive an automatic response indicating whether your application has been successful within 60 seconds of completing the form. You can keep up to date with the status of your application via email, phone or SMS.

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This page was last modified on 3 April 2017 at 2:58pm.

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14 Responses to St.George Secured Fixed Rate Personal Loan

  1. Default Gravatar
    marcus | December 12, 2016

    hi I wonder which lender to approach for a car loan? My wife+I are receiving disability support pension and carer payment , carer allowance being 37500/year .

    Thank You

    • Staff
      May | December 12, 2016

      Hi Marcus,

      Thanks for your question.

      The lenders that offer loans to people who are receiving Centrelink payments are listed on this page. I suggest that you read the criteria and get more information from our guide on that page. Once you’ve chosen the loan you wish to apply for, please contact the lender directly to discuss your eligibility and options.

      Cheers,
      May

  2. Default Gravatar
    Adrian | November 28, 2016

    Hi,
    Regarding St . George consumer secured car loan…

    I am looking at a 5year 30% balloon car loan.
    My Q is, what are the exit fees and payout fees?
    Will I have to pay additional interest (or all the interest still owning) if I settle the loan early?
    Thanks

    • Staff
      May | November 28, 2016

      Hi Adrian,

      Thanks for your question.

      Usually, if you are planning on paying out your secured car loan early, you will be charged break costs. This is an amount equal to the bank’s reasonable estimate of its loss due to the breaking of the fixed rate period or early repayment of a fixed rate personal loan. I suggest that you contact St. George directly for the exact computation of the cost.

      Cheers,
      May

  3. Default Gravatar
    Niall | May 17, 2016

    Hi there,

    I’m on a partner visa (subclass 820) which turns into permanent residency in 1 year. I’m also self employed.

    Am I eligible to apply for a $15,000 loan?

    Thanks

    • Staff
      Elizabeth | May 18, 2016

      Hi Niall,

      The usual criteria for St.George to consider temporary residents for loans is that you have a minimum of two years left on your visa at the time of application and have proof of taxable income, so in your case, tax returns. As your visa ends and you become a permanent resident at the end of the year you may be eligible, but it would be best to speak to someone at St.George directly before applying.

      If you find you’re not eligible you can consider your other options here.

      Hope this helps,

      Elizabeth

  4. Default Gravatar
    Heejun | May 15, 2016

    Hi,
    I am an international student from Korea, doing a bachelor of engineering at UTS in Sydney.
    I am in the third year but need to get a loan for my tuition.
    Can I have any type of loan?

    • Staff
      Elizabeth | May 16, 2016

      Hi Heejun,

      You may be able to be approved for a loan if you have minimum of two years left on your visa at the time of application and you have proof of taxable income. You can confirm you eligibility directly with St.George.

      If you find out you’re not eligible you can find some other options on this page.

      Hope this helps,

      Elizabeth

  5. Default Gravatar
    Kate | March 16, 2016

    Hi there

    I have a $30,000 loan with another bank and I am looking around for a better interest rate. Can you please tell me if I can transfer my loan to you, how much the repayments would be a month, what the fixed interest rate would be and if I can get a secure loan with my car? Its a Hyundai 2011 model?
    Thanks Kate.

    • Staff
      Elizabeth | March 17, 2016

      Hi Kate,

      Thanks for your enquiry.

      Just to clarify, you’ve come through to finder.com.au not St.George Bank. However, I can provide you with some information.

      The fixed interest rate on this loan is 8.49% p.a. with a comparison rate of 9.39% p.a.. You can use a personal loan repayment calculator like the one on this page to determine your repayments as it depends on the loan term you select. As for your car, it is eligible as long as it will be less than 12 years old at the end of the loan term.

      I hope this has helped.

      Thanks,

      Elizabeth

  6. Default Gravatar
    Michelle | March 10, 2016

    is there early exit fees and is there any additional fees i need to consider? Thank you

    Can you offer car insurance with the loan?

    • Staff
      Elizabeth | March 11, 2016

      Hi Michelle,

      The main upfront and ongoing fees are listed in the table at the top of this page. However, the early repayment fees are as follows:
      If you pay off your loan within the first 12 months of the term, you’ll be charged $150. If you pay off your loan after the first 12 months and before the end of the loan term, you’ll be charged $100. You should also take into account break costs, which are an amount equal to St.George’s reasonable estimate of its loss due to breaking of the fixed rate period or early repayment of a fixed rate personal loan.

      St.George also has a car insurance product that you can consider taking up. However I’m unsure if this is offered with the loan.

      I hope this information has helped.

      Thanks,

      Elizabeth

  7. Default Gravatar
    | July 19, 2015

    Does this loan offer early payout option?

    • Staff
      Belinda | July 23, 2015

      Hi Anne-Marie,

      Thanks for your enquiry.

      You may be able to payout your loan early with the St. George Secured Fixed Rate personal loan, but please note that you’ll incur a $150 charge within the first 12 months, or $100 after that.

      If you’d like to arrange this, please speak with a St. George representative to discuss your options.

      Thanks,
      Belinda

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