Are you having trouble finding a personal loan in Australia? Do not worry so much because there are more and more lenders offering personal loans. This article, we will introduce to you about one of the best personal loans in Australia – Coastline personal loans.
In the previous post, Loansaustralia.net introduces people to some of the necessary information that is useful for getting the MoneyPlace personal loans, to get more information people can read the article You can get MoneyPlace personal loans in FOUR steps. Now, let find knowledge about loans of Coastline in the post today.
COASTLINE PERSONAL LOANS
Just like a lot of article posts about the personal loans in Australia, as well as each type of loans such as Credit24 personal loans, WisR personal loans, CUA personal loans, Now Finance personal loans…. this post about the Coastline loans also includes some main parts. They are:
1. Some requirements to apply for Coastline loans
There are some minimum requirements customers need to meet if want to get a personal loan from Coastline Credit Union:
- Customers are a minimum age of 18
- Customers can earn a minimum of $15,000/annum
- Customers are Australian citizens, permanent residents or have a valid visa
Coastline Credit Union require customers some information. So customers need to provide.
Whether customers want to get the loans from the Coastline Credit Union branch or online, make sure that customers need to have some following nearby:
- The proof of income. Verifiable and steady employment. Customers may be required by Coastline Credit Union to provide copies of the most recent pay slips and employer’s contact information
- The list of customers’ assets, expenses, and liabilities
- The driver’s license (if customers have one) or other forms of ID
If customers are self-employed, they will also need to provide:
- The financial statements for the last year
- The most recent personal/business tax return
Customers can borrow Coastline Credit Union loans for almost any worthwhile purpose. Putting it all on black and going to the casino is not a worthwhile purpose.
Some examples of common loan purpose Coastline will lend for:
- Debt consolidation
- Home renovations and improvements
- Cars, motorcycles, caravans, and boats
- Education (e.g. student loans)
- Dental and other medical expenses
2. Some steps to get Coastline loans
If you want to register for Coastline Credit Union’s personal loan online, just scroll up and click Learn more to be taken to the Coastline Credit Union secure online application form. Before signing up, be sure to learn about Coastline Credit Union’s personal products, fees, and eligibility criteria. Give me about 30 minutes to complete the application.
3. The interest rate and fees of Coastline loans
- Customers can borrow loans between $5,000 and $200,000.
- The loan terms between 1 year and 7 years.
- Use the filter of Coastline as a repayment calculator to see the monthly repayments and rates.
- Coastline Credit Union allow customers can pay weekly, fortnightly or monthly.
- Extra repayment or early penalties
- There are fees associated with completely repaying your loan off early.
- Coastline’s Variable Rate Personal Loan gives you the option of being able to make redraws.
|Types of loans||Unsecured loans||Secured with a Fixed Term Deposit||Secured with Property Mortgage|
|Interest rate||11.44% p.a. interest rate
12.85% p.a. comparison rate
|5.44% p.a. interest rate
6.80% p.a. comparison rate
|5.44% p.a. interest rate
18.27% p.a. comparison rate
EXAMPLE: With a personal loan of $30,000 of Coastline loans
- Borrowed for 3 years
- Interest rate: 11.44% = $3.432
- Repaying $928.666 per month
- The total amount payable of $33,432
This post is about loans of Coastline. We provide this information to offer you some of the necessary information that is useful for getting loans from Coastline. Also if you are looking for information about the personal loans from Symple, please refer to the Symple personal loans link we just provided in the previous article.
Anita (Team Content) – Catalyst Money personal loans