Secured Personal Loan
Offer your car as security for a lower interest rate
Why choose a Secured Personal Loan?
Offer your car as security and borrow up to $80,000 at a lower interest rate
Note: the first interest rate you see in your application may change once we’ve determined the value of your car. Your loan is more likely to be approved if you’ve been with St.George for six months or more.
Is your car eligible as security?
The car you offer as security for the loan must be:
What are break costs?
Break costs are an amount equal to our reasonable estimate of loss if you break a fixed rate loan term. You’ll need to pay break costs upon early payout or partial payment (in excess of the limit set out in the loan terms and conditions) of a fixed rate loan.
Fees are subject to change.
You also get…
Preferred repayment frequency
Choose to make weekly, fortnightly or monthly repayments.
Redraw facility on variable rate loans
Redraw money from the amount you’ve repaid if you need to, provided you’re at least $500 ahead on your repayments. Each request is subject to approval and a fee.
Internet banking access
Manage your loan and track repayments online or through your mobile banking app.
How to apply for a loan
Not right? Try these
Unsecured personal loan
A personal loan that
doesn’t require security
Get Set Loan
Access your funds
as you need them
Credit criteria, fees, charges, terms and conditions apply.
Interest rate may change and margins may apply in some circumstances. The interest rate may vary based on the value of the car you offer as security.
The advice on our website is prepared without knowing your personal objectives, financial situation or needs. Before you act on this or any advice, please consider if it’s right for you. Read the above product disclosure documents as well as the Online Banking Terms and Conditions (PDF 283KB) before making a decision and consider whether the product is appropriate for you. If you need help, call 13 33 30.