Secured loans are the most popular type of personal car loan in Australia. The vehicle is used as security for the loan; therefore you need to pay out the loan in full if you sell your vehicle before the end of the loan term
Features of a secured loan:
- Fixed interest rates
- Can be repaid over a period of up to 7 years and these repayments can be scheduled weekly, fortnightly or monthly by direct debit or BPAY.
- You can make extra or additional payments
- We also offer insurance, warranty and loan protection if you require it