Finty
BankWAW

BankWAW Personal Loan Unsecured

UnsecuredVariable rate

An unsecured personal loan from BankWAW, with rates from 12.29% a year.

Written byDavid Boyd
Interest rate a year, from
12.29%
Comparison rate, from
12.33%
Establishment fee
$150
Monthly fee
Not published
Borrow
From $1,000

Monthly repayment

$20,000 over 3 years

Apply now

What it would cost

At the lowest published rate of 12.29%. The rate you are offered depends on your circumstances, and the establishment fee is not included.

Monthly repayment
$667
Total repayments
$24,014
Interest
$4,014

Loan details

Rates

Interest rate (a year)
12.29%
Comparison rate (a year)
12.33%
Rate type
Variable
Security
Unsecured

Limits and fees

Loan amount
From $1,000
Loan term
Not published
Establishment fee
$150
Monthly fee
Not published

How it compares

Against the other unsecured personal loans we compare. Typical means the middle half of them.

Comparison rate

12.33%

From 12.33%. A typical loan starts at 10.56%.

Cost of $20,000 over 5 years

$7,020

Interest and fees at its starting rate. Typical is $5,455.

Setup fee

$150

A typical setup fee is $213.

Pros and cons

Pros

  • One rate for everyone. Everyone approved gets 12.29%, so the rate you see is the rate you get.
  • No security needed. Your car or home isn't at risk if things go wrong, though missed repayments still hurt your credit report.
  • No early repayment fee listed. You can pay the loan off early, or refinance, without a penalty. Check the terms to be sure.

Cons

  • A variable rate. Your repayments can rise if the lender lifts its rate, though they can also fall.

Similar loans

Unsecured loans from other lenders that start at a similar comparison rate.