Unsecured Personal Loan
An Unsecured Personal Loan can be used to purchase a vehicle that does not qualify for any type of secured loan. You can obtain an Unsecured Personal Loan to purchase, white goods, holidays, debt consolidation Classic cars, the list goes on.
Interest rates for Unsecured Personal Loans may be slightly higher than for Secured Personal Car Loans because the funder does not take security over the vehicle or goods you are purchasing.
What are benefits of an Unsecured Personal Loan?
- Flexible contract terms ranging from 12 to 84 months (one to seven years)
- Interest rates can be fixed or variable
- Cash or trade-in deposit may be used
- The loan is not secured against your vehicle
Who can benefit from an Unsecured Personal Loan?
Individuals wishing to purchase a vehicle that is outside of normal lending guidelines, (e.g. older model and low value vehicles), or who don’t want to a loan secured against their vehicle can benefit from an Unsecured Personal Loan. Calssic cars, imports and anytime you may need money, and Unsecured Persoanl Loan could be the answer.
What are the alternatives to an Unsecured Personal Loan?
If you are considering an Unsecured Personal Loan you may also be interested in a Secured Personal Car Loan or Novated Lease (Salary Packaging).
Where can I find out more about Unsecured Personal Loans?
CM Financial are always on hand to answer your questions. If you would like to know more about Unsecured Personal Loans, please complete our online enquiry form, request a call back and a consultant will call you back at a convenient time.
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