Are you going on holiday anytime soon? Have you been saving up for a wedding that’s just a few months or weeks away? If you are, getting a BOQ Personal Loan might just be in your favour. Aside from giving you low rates, the BOQ Personal Loan also provides you with flexible repayment options.
The BOQ fixed rate personal loan allows you to get the peace of mind you deserve. To know what this loan has to offer and how you can apply for this offer, read on.
BOQ Personal Loan Features and Benefits
One of the best perks that the BOQ Personal Loan offers is its flexible repayment options. Under this feature, you can easily select repayment terms that suit your lifestyle and your budget. Weekly, fortnightly or monthly loan terms are available, payable over a period of 1 to 7 years.
More than this, you can also say goodbye to high fees and hidden payments. Through their low, fixed rates, you will have the certainty of knowing just how much you need to pay. With this perk, you can stop surprising fees that snake their way into your repayment plan. The flexible fixed rate personal loan allows you to determine what you need to pay at the very start of your loan.
The best of all, you can repay your personal loan sooner than its supposed end term. With this initiative, you can make bigger payments and finish your loan term since there are absolutely no penalties for additional payments or early payouts.
The best of all, you can borrow big amounts that allow you to fulfil your dreams. As a borrower, you can take out a minimum of $3,000 and a maximum of $40,000.
Applying for a BOQ Personal Loan
Requesting your BOQ Personal Loan can be done by heading to their website. You can fill out the online application form to enquire. Otherwise, you can course your queries by calling the bank or by going to a branch near you.
For you to qualify for the BOQ Personal Loan, you need to be at least 18 years of age or older. You must also have a steady stream of income with no record or declarations of bankruptcy whatsoever. In addition, you must be an Australian citizen or a permanent resident in Australia.
Documents that you will be needing for your application include proof of identity, employment details and financial information. These include income, assets, expenses and liabilities.
If your application is approved, you can take out a loan ranging from $3,000 to $40,000.
BOQ Personal Loan Fees and Charges
There is an application fee of $150 as well as a monthly maintenance fee of $7.50. Bear in mind that for the unsecured fixed rate personal loan, there is an interest rate of 10.99% per annum.
If you are interested in getting access to a wealth of benefits, the BOQ Personal Loan might be the right one for you. With its flexible repayment terms and its low interest rates, your dreams will certainly be within your reach.