Secured Personal Loans
A Secured Personal Loan from MyState is the convenient way to get the money you need, when you need it at a lower interest rate.
A secured personal loan can be used for purchases such as buying a new or used car, holidays, debt consolidation, and for paying for some of those expenses in life that we don’t budget for or don’t budget enough for such as weddings, education, or home improvements etc.
Secured personal loan features
- Flexible personal loan repayments – weekly, fortnightly or monthly
- You can borrow anything from $10,000 to $75,000
- Loan term 1 to 10 years
- Variable interest rates
- Lump sum repayments can be made at any time with no penalty
- A Redraw Facility is available ($500 minimum)
- No penalty for paying out your loan early
MyState’s personal loan experts are available to answer any questions you have about secured personal loans and guide you through the personal loan application process.
How to apply for a MyState Secured Personal Loan
Rates, calculators and tools
Insurance for personal loans
Remember to ask about MyState’s insurance for personal loans, Consumer Credit Insurance (CCI) is designed to protect your loan repayments and give you peace of mind knowing that in the event of unforeseen circumstances, your personal loan repayments are covered.
Unsecured Personal Loans
An Unsecured Personal Loan from MyState is a no-fuss way to arrange the finance you need, when you need it all while enjoying competitive variable interest rates.
Unsecured personal loans can be used for purchases such as buying a new or used car, holidays, and for paying for those expenses in life that we don’t budget for or don’t budget enough for such as weddings, education, or home improvements etc.
Unsecured personal loan features
- Flexible personal loan repayments – weekly, fortnightly or monthly
- You can borrow anything from $3,000 to $30,000*
- Loan term from 1 to 7 years*
- Variable interest rates
- Lump sum repayments can be made at any time with no penalty
- A Redraw Facility is available ($500 minimum)
- No penalty for paying out your loan early
*Subject to loan purpose and amount of loan. Security may be required.
MyState’s personal loan experts are available to answer any questions you have about unsecured personal loans and guide you through the personal loan application process.
How to apply for a MyState Unsecured Personal Loan
Rates, calculators and tools
Insurance for personal loans
Remember to ask about MyState’s insurance for personal loans, Consumer Credit Insurance (CCI) is designed to protect your loan repayments and provide peace of mind knowing that in the event of unforeseen circumstances, your personal loan repayments are covered.
Overdrafts
An Overdraft is an excellent way to access funds, while only paying interest on the amount you use. An Overdraft offers an approved credit limit and is like having an 'on hand' loan, if and when you need it.
Overdraft features
- No monthly account keeping fees
- Unsecured amounts of between $500 and $30,000*
- Secured amounts between $500 and 80% of property value*
- Access via MyState Visa Debit Card, RediCard or RediCard PLUS, ATM, EFTPOS or cheque
- Minimum repayments set at 3% of outstanding balance
*subject to conditions, purpose and amount of overdraft approval
MyState’s personal loan experts are available to answer any questions you have about overdrafts and guide you through the application process.
How to apply for a MyState Overdraft
Rates, calculators and tools