CPS Credit Union : Loan Interest Rates

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Last updated on 28 September 2000
Please confirm all rates with CPS Credit Union staff

( All loan interest rates quoted are Annual Percentage Rates (pa)).

Unsecured Personal Loan (L41) 11.70% pa, 13.50% pa, 14.75% pa, 15.75% pa.

The actual rate will be subject to application.

Amounts up to $25,000.

New Car Loan (L52) Standard Variable 10.00% pa

Capped(first 12 months of loan) 9.00% pa

Amounts up to $40,000.

For the purchase of new motor vehicles (and vehicles up to three years old) from a licensed Motor Dealer (LMD) or Pickles Government Motor Auctions.

Fixed Interest Rate New Car Loan (L55) 9.50% pa

Fixed for five years.

For the purchase of new motor vehicles from a licensed Motor Dealer (LMD) or vehicles up to 3 years old from the Government motor Auctions.

NB: Interest rate subject to change up to date of settlement.

Secured Personal Loan (L43) 11.20% pa, 12.25% pa, 14.00% pa, 15.00% pa.

The actual rate will be subject to application.

Amounts up to $40,000.

Secured by a Bill of Sale over a motor vehicle.

Cash Secured Loan (L44) 9.70% pa

Amounts up to $40,000. Secured by a Deed of Set-Off against a term deposit.

Personal Computer Loan (L50) 10.50% pa (Fixed Interest Rate)

Amounts up to $10,000 to purchase personal computer hardware and software, over a 3 year maximum term.