loans

personal loans

low interest personal loan rates from 11.10*% p.a. (comparison rate 11.50%^p.a.)

RACV personal loans are highly competitive with low interest rates. They're available for just about any purpose. Choose a boat, holiday, a motorcycle, a caravan, home improvements or even debt consolidation, you name it! From cars to computers and everything in between.

Conditions, fees and charges apply. Rate subject to change without notice.

• Low Interest Personal loan - Our interest rates are competitive, our fees are low and our service guarantees you the minimum of hassle.
• Fast loan approval - You can get fast loan approval over the phone. We also provide pre-approved loans so that you can bargain to your best advantage, knowing exactly how much you have to spend.
• Once your loan application is approved - simply drop into your local RACV Shop, sign the documents and pick up your cheque. It's that easy. For your convenience we can also organise your settlement by mail. For most loans the money can be in your hands in as little as 24 hours.

features of our personal loans

Savings on RACV Motor Insurance	When you take out an RACV car loan or personal loan you may receive a saving on your annual Comprehensive Car Insurance premium during the term of your loan.
No ongoing fees	Our loans do not have any ongoing fees.
Approval within 24 hours	In most cases our quick personal or car loan approval process will take no longer than 24 hours.
Loan protection cover	Credit Protection is an optional cover that will pay your loan repayments if you are unable to work because of illness, injury or unemployment. Credit Protection will also protect your estate from repayment of the loan in the unfortunate event of a death (conditions apply).

apply for a loan

For an RACV personal loan, you can:

• Online Personal Loan Application now
• Download an application form and fax it back to RACV Finance on (03) 9790 2971. One of our consultants will contact you within the next working day.
• Call RACV Finance on 13 15 60.

upon approval of your personal loan

Once your personal loan application is approved, simply drop into your local RACV Shop, sign the documents and pick up your cheque.

how to make loan repayments

With the convenience of direct debit, loan repayments will be automatically debited from your nominated bank account each fortnight or month. Extra repayments can be made at any stage during your loan.

terms and conditions of your personal loan

Principal and interest payments only.

All applications are subject to RACV Finance lending criteria.

 

*Conditions, fees and charges apply. Rate subject to change without notice. ^Comparison rate calculated on a loan amount of $30,000 secured over a term of 5 years based on monthly repayments. WARNING: This comparison rate applies only to examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw or early repayment fees and cost savings such as fee waivers are not included in the comparison rate, but may influence the cost of the loan. Subject to RACV lending criteria. Australian credit licence 391488.