A flexible loan that can be used for holidays, renovations, debt consolidation or a new toy to play with.
Category: Personal Loans Last Updated November 1, 2021 Effective May 3, 2024
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information Interest rates are on a per annum basis. Rates and discounts are correct as stated and subject to change without notice. Standard Personal Loan - Variable rate is based on a secured or unsecured loan of $30,000 borrowed for 5 years WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Interest Rate 11.99% PA
Comparison Rate 12.61%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
RedrawAdditional Information: Access extra repayments with free Online redraw available
OtherAdditional Information: Secured or Unsecured Available
OtherAdditional Information: Ability to make additional or lump sum payments
OtherAdditional Information: Electronic or paper statements available
OtherAdditional Information: SMS services
Loyalty Program
OtherAdditional Information: Loan terms up to 7 years
Heritage Cheque Fee (Withdrawal), Amount: 10.00. Additional Information: Heritage Cheque fee payable to Heritage if credit under this Credit Contract is provided by a cheque drawn by heritage on itself
Special Request Transaction Listing Fee (Event), Amount: 7.50. Additional Information: Whenever a listing of transactions between two given dates is issued on your account
Redraw Administration Fee (Withdrawal), Amount: 20.00. Additional Information: If you apply to redraw Payments in Advance other than a request through Online Redraw
Direct Debit Dishonour Fee (Transaction), Amount: 10.00. Additional Information: If a direct debit authorised to be made from or to your account is dishonoured
Capital Reduction Recalculation Fee (Event), Amount: 75.00. Additional Information: If you ask Heritage to capitalise payments in advance or payment or proposed payment under the credit contract
Document/record Search Fee (Event), Amount: 12.00. Additional Information: Whenever Heritage provides a copy of a document relating to your loan at your request or at the request of a security provider
Ppsr Search Fee (Upfront), Amount: 6.23. Additional Information: When Heritage carries out a PPSR search on a motor vehicle subject to a security
Limitations & Restrictions (Constraints)
Min Limit of 5000.00
Max Balance of 100000.00 Additional Information: For secured loans
Max Balance of 25000 Additional Information: For unsecured loans
