St.George Bank always boasts having 2.6 million customers in Australia and offers a variety of personal and business services. bank customers. St.George also offers secured and unsecured personal loans with the best interest rate in Australia. How to get St.George personal loans?

St.George personal loans
Get St.George personal loans with the best interest rate in Australia

In the previous post, Loansaustralia.net introduces people to some of the necessary information that is useful for getting the RACQ personal loans, to get more information people can read the article RACQ personal loans are offered for customers to use in a lot of purposes. Now, let find knowledge about loans of St.George in the post today.

ST. GEORGE PERSONAL LOANS

Just like a lot of article posts about the personal loans in Australia, as well as each type of loans such as BankVic personal loans, Bankwest personal loans, MOVE Bank personal loans, ANZ personal loans…. this post about the St.George loans also includes some main parts. They are:

1. Some requirements to apply for St.George loans

To start the application, customers need to go to the St.Geogre website. First of all, make sure customers meet some eligibility criteria to apply, they are:

  • Customers are at least 18 years old
  • Customers have a residential address in Australia

Customers can register for a loan of St.George in three ways. They are: online, by phone or by visiting a branch.  The application will take 15 minutes to complete if you register online, and you can click through St George. Here is some information that you need to provide to St. George:

  • The employer details: the name, address, phone number
  • Tax file last two years if customers are self-employed,
  • The weekly after-tax income
  • The details of the assets, savings, investments
  • The credit limit of the credit card
  • Other accounts, the amount customers owe on each
  • The detailed costs
  • The personal reference

2. Some benefits of St.George loans?

  • Customers have flexible repayment options. Customers can choose weekly, fortnightly or monthly payments, make additional payments for the variable interest loan.
  • Customers have convenient redraw utility. Customers can access any additional refunds they can make for a loan with variable interest rates.
  • Internet bank. Manage online finances through the Internet banking platform.
  • Loans have a competitive interest rate.
St.George personal loans
Get St.George personal loans with the best interest rate in Australia

3. The interest rate and fees of St.George loans

3.1. The unsecured loans of St. George

  • At a fixed rate, you only need to pay a fixed minimum payment that has been changed over the life of the loan, for about 1 to 5 years.
  • With the rate of change, you can make additional refunds and apply for redrawing.
  • Loans that are unsecured allow a loan amount of $ 2,000 to $ 40,000, plus St.George ensures a quick approval process so you can get the money you need most.
  • Variable rate between 12.99% p.a. and 18.9% p.a. based on the risk profile. 
  • Application fee: $195 and Monthly fee: $12

Example:

  • Customers get $10,000 with unsecured loans
  • Loan term 3-year
  • The interest rate is 12.99% p.a. 
  • Application fee: $195
  • Monthly fee: $12
  • The total amount payable is $11,926 including interest and fees
  • Each month, customers need to pay $331.277

3.2. The secured loans of St. George

  • Similar to unsecured loans, you also have the option to choose between fixed and variable interest rates when applicable.
  • St.George allows you to borrow from $ 3,000 to $ 80,000.
  • The repayment period depends on the interest rate you choose.
  • Loans with variable interest rates have repayment periods of 1 to 7 years while fixed-rate loans have a repayment period of 1 to 5 years.
  • Fixed rate from 8.49% p.a. based on the value of the car. 
  • Application fee: $195 and Monthly fee: $12

 Example:

  • Customers get $50,000 with secured loans
  • Loan term 3-year
  • The interest rate is 8.49% p.a. 
  • Application fee: $195
  • Monthly fee: $12
  • The total amount payable is $54,872 including interest and fees
  • Each month, customers need to pay $1,524.22222

This post is about loans of St.George. We provide this information to offer you some of the necessary information that is useful for getting loans from St.George. Also if you are looking for information about the personal loans from MOVE Bank, please refer to the MOVE Bank personal loans link we just provided in the previous article.

Anita (Team Content) – St.George personal loans