People's Choice personal loans

There are a few options to choose from at People’s Choice Credit Union, including secured and unsecured personal loans. All loans come with fixed interest rates, but some revert to a variable rate after an introductory period.

Personal loan interest rates from People’s Choice range from moderately low to moderately high. Compare personal loan rates using RateCity to find the best personal loan rates on the market for your needs.

People’s Choice Credit Union does not have ongoing fees or early exit penalty fees for its loans. However, its upfront fees are higher than what borrowers are likely to find at the major banks.

Additionally, there is a redraw facility for those who intend to borrow back more money after paying it off.

People’s Choice Credit Union has over 40 branches for its members to visit. However, its branches are located only in South Australia, Victoria, Northern Territory and Western Australia.

Those not living near a branch can bank with People’s Choice Credit Union online or by phone.

To apply for a People’s Choice Credit Union personal loan, you will need to provide the following:

• Details of income
• Info about expenses
• Asset information
• Details of residency and employment
• Australian driver’s licence or photo ID

People’s Choice Credit Union accepts the following methods of application for personal loans:

• Online applications
• In-branch applications
• Phone applications

There are a few personal lending options available from People’s Choice Credit Union, including secured and unsecured loans. All loans come with fixed interest rates, which may appeal to some borrowers, but keep in mind that some loans revert to a variable rate after an introductory period.

People’s Choice Credit Union personal loan rates vary from moderately low to moderately high depending on the type of loan chosen. Customers looking to reduce the risk of unnecessary debt may find these interest rates appealing. However, personal loans with lower interest rates could be available elsewhere in the market.

There is a higher-than-average upfront fee charged for People’s Choice Credit Union personal loans. However, there are no ongoing fees and no penalty fees for customers who wish to pay offer their loans early – which may help to reduce costs.