Personal Loans terms, fees and rates

 

 

 

Terms

Transaction and service fees
Personal Loan Terms and Conditions
Personal Loan Summary – Sample

 

Fees 

Fees for our personal loans. Interest rates and fees are current as at 18 November 2018 and are subject to change without notice. Some other service fees may apply from time to time.

Personal loans - Fees
Fee typeFee amount
Establishment and documentation fee
$100 per loan
Loan payment failed fee
$10 per time

Find out about personal loans here

 

Interest Rates 

  • Our personal loan interest rates range from 13.95% to 18.95% p.adepending on your financial situation. 
  • We also offer a special Graduate Loan interest rate of no more than 14.00% p.a. to all customers who meet Graduate Pac criteria
  • Personal Loan interest rates are floating so may change during the term of your loan - if they do we’ll let you know how much more or less your repayments will be.

 Find out about personal loans here

*These annual interest rates are indicative. The annual interest rate is made up of a base rate of 14% p.a. plus or minus a margin depending on your individual circumstances. Interest rates and fees are current as at 18 November 2018 and are subject to change without notice. All applications for finance are subject to Westpac current lending criteria. An additional fee or higher interest rate may apply to loans if the application is accepted but does not meet the standard lending criteria.

 

Security terms (if applicable) 

Specific Security Agreement and Debtors Certificate – Individual
Specific Security Agreement
Personal Loan Summary (Vehicle Secured) – Sample