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Laboratories Credit Union

BSB 802 841 | Phone 02 9859 0585

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Personal Loan Benefits

Our personal loans come with some great benefits...

  • Variable and lump sum repayments
  • Early repayment without penalty
  • Free redraw facility
  • No monthly loan service fees
  • Loan repayment insurance available
  • Automatic repayments (salary/account)

Variable and lump sum repayments

By contributing any extra income to your loan, in addition to your usual repayments, you are able to pay off your loan sooner and therefore you could save thousands of dollars in interest costs. ^

Early repayment without penalty

The earlier you pay off your loan the more money you save in interest charges. ^

Free redraw facility

The Credit Union gives you the option of making extra repayments on your loan and then having the flexibility of being able to redraw on these extra repayments. Terms and conditions are available on application. ^

No monthly loan service fees

Unlike some other institutions, we do not charge any account keeping or service fees on our personal loan, saving you money. ^

Loan repayment insurance available

Loans are long term commitments, so it makes sense to protect your repayments. Learn more about our Loan Repayment Insurance. ^

Automatic repayments (salary/account)

You can arrange to make automatic repayments either by payroll deduction, direct debit from your savings or transaction account, Internet or Phone banking. Setting up automatic repayments saves you time and should assist you to avoid any late fees. ^

More Information

  • See the answers to common FAQs about our Personal Loans
  • Use one of our Loan Calculators to work out which loan is right for you

Apply

Apply for a Personal LoanApply Now

Questions?

If you have any questions, please give us a call Enquire now

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© Copyright 2012 Laboratories Credit Union Limited | ABN 77 087 650 217 | AFSL/ACL 240807 | BSB 802 841

Any advice or information on this site does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. Please review our Account & Access Facility – Conditions of Use and Financial Services Guide before acquiring the product.

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