Secured Personal Loan
Score yourself the best variable interest rate possible by choosing a Secured Personal Loan! This is an ideal option if you are buying a car, motorbike, caravan or boat, but the loan can also be used for any worthwhile purpose if you have an acceptable asset that can be used as security.
- Low variable interest rates –starting at 8.69%p.a. (8.90%p.a. comparison rate#)
- No regular service fee
- Free redraw through phone and internet banking
- Additional payments allowed at any time (without penalty)
- Freedom to payout the loan early
- Choice of weekly, fortnightly or monthly repayments
- Terms up to 7 years (5 years if secured by an asset over 5 years old)
- Available for personal and business use
Unlike many of our competitors, a Queenslanders Secured Personal Loan does not have to be used to purchase the vehicle being used as security. For example, if you already own a car but want to borrow money to take a holiday, you can offer your existing car as security on the loan and borrow funds at a discounted rate for your holiday. What’s more, you can borrow up to 150% of the value of the asset being used as security.
Interest rates vary depending on the age of your asset and the amount you are borrowing. View current interest rates.
Check out the Unsecured Personal Loan.
Terms, conditions, fees and charges as well as our standard lending criteria apply. Full details are available on request. Interest rates current as at 2 January 2024 and subject to change. #Comparison rate based on a loan of $30,000 over 5 years, secured. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. View full comparison rate schedule.