Debt Consolidation
We can help you take control with a Personal Loan for debt consolidation.
Consolidating debt with a Personal Loan
Managing multiple debt payments can be tough. At Great Southern Bank we can help you take control.
Consolidating your debts under one personal loan gives you one clear repayment schedule and with a competitive interest rate you may come out ahead and pay your debts off sooner.
Features & benefits
$0 Monthly fees
Enjoy having a little extra money in your pocket.
Unlimited extra repayments
Make extra repayments without any fee, and pay your loan off sooner.
Flexible repayment options
Choose to make either monthly, fortnightly or weekly repayments to suit your income and budget.
No penalties for early payout
Pay off your loan sooner without being charged a fee.
Easy access to funds with redraw
Enjoy access to your additional repayments with redraw, so you can use it whenever unexpected costs arise.**
Unsecured Fixed Personal Loan
If you like stability
Interest rate
9.39
%
p.a.
Comparison rate*
9.64
%
p.a.
Features
Loans from $5,000 to $50,000^
$0 Monthly fees
$0 Early payout fees
Unlimited fee free extra repayments
Used for:
Unsecured Variable Personal Loan
If you like flexibility
Interest rate
11.89
%
p.a.
Comparison rate*
12.15
%
p.a.
Features
Loans from $5,000 to $60,000‡
$0 Monthly fees
$0 Early payout fees
Unlimited fee free extra repayments
Used for:
Why we're different
We like to do things a little differently. Here are a few things you can expect from us:
- Intuitive tools to help you save smarter, not harder
- Flexible loan options to help you pay it off sooner
- We've been putting customers first for over 75 years
I love the fact I can directly debit and credit my savings account while ensuring maximum interest.
Imran, NSW
Great Southern Bank customer
Important Information
Loans are issued by Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL and Australian Credit Licence 238317. Lending criteria, limits, conditions, and fees apply.
Rates current as at 1 June 2021 and subject to change.
Your loan contract will state the minimum monthly repayment amount. You can arrange with us to make repayments on a weekly or fortnightly basis.
* Comparison rate accurate for $30,000 unsecured loan over 5 years. WARNING: Comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
** A $200 minimum withdrawal amount applies for redraws conducted in-branch. Redraw facility is available for Great Southern Bank Personal Loan products on offer from 6 June 2017.
^ $1,000 minimum loan amount in branch, $5,000 minimum loan amount online. Available loan term is 1 to 7 years.
‡ $1,000 minimum loan amount and $100,000 maximum loan amount available in branch. $5,000 minimum loan amount and $60,000 maximum loan amount available online. Available loan term is 1 to 7 years.