Great Southern Bank Secured Fixed Car Loan – loan
Car loans up to $100 000
Loan amount
$5,000 – $100,000
Interest from
6.79%
Term
1 – 7 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Car loans up to $100 000
- Term 1 - 7 years
Great Southern Bank (formerly CUA) offers a secured, fixed-rate car loan for new and used vehicle purchases, typically priced lower than an unsecured personal loan because the vehicle secures the finance.
✓ Pros
- Fixed repayments for the loan term
- Lower typical rate than unsecured borrowing because the car is security
- Customer-owned bank structure
- Established lending history dating back to the CUA brand
✗ Cons
- Vehicle can be repossessed on default
- Smaller branch footprint than the big four banks
- Loan term should be matched to the vehicle's useful life
How to apply
- Check your eligibility
- Apply online
- Approvals
- Access your money
Loan requirements
- ✓ 18 years or older
- ✓ Australian citizen or permanent resident
- ✓ Regular income
- ✓ Vehicle details for security purposes (new, demo or used)
- ✓ Valid photo ID and proof of address
Frequently asked questions
24 hours
The minimum loan amount at Great Southern Bank Secured Fixed Car Loan is $5,000.
About Great Southern Bank, a business name of Credit Union Australia Ltd
| Company | Great Southern Bank, a business name of Credit Union Australia Ltd |
|---|---|
| Address | Brisbane Queensland |
| Website | https://www.greatsouthernbank.com.au |