Encompass Credit Union

Personal Loans Comparison

Key Features Personal Loan Personal Loan Secured by a Term Deposit Home Improvement Loan
Interest rate
Minimum amount $1,000 $1,000 $1,000
Maximum amount $40,000 $70,000 $40,000
Loan period Up to 5 years Up to 5 years Up to 5 years
Repayments Monthly, Fortnightly, Weekly Monthly, Fortnightly, Weekly Monthly, Fortnightly, Weekly
Interest charges Calculated daily, Charged monthly Calculated daily, Charged monthly Calculated daily, Charged monthly
Application Fee Yes Yes Yes
Variable and lump sum repayments Yes Yes Yes
Early repayment without penalty Yes Yes Yes
Loan repayment insurance available Yes Yes Yes
Auto repayments (payroll deduction) Yes Yes Yes
Loan interview required No No No