Finty
Warwick Credit Union

Warwick Credit Union Personal Loans

Variable rate

A personal loan from Warwick Credit Union, with rates from 11.10% a year.

Written byDavid Boyd
Interest rate a year, from
11.10%
Comparison rate, from
14.81%
Establishment fee
Not published
Monthly fee
Not published
Borrow
Not published

Monthly repayment

$20,000 over 3 years

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What it would cost

At the lowest published rate of 11.10%. The rate you are offered depends on your circumstances, and the establishment fee is not included.

Monthly repayment
$656
Total repayments
$23,606
Interest
$3,606

Loan details

Rates

Interest rate (a year)
11.10%
Comparison rate (a year)
14.81%
Rate type
Variable
Security
Not published

Limits and fees

Loan amount
Not published
Loan term
Not published
Establishment fee
Not published
Monthly fee
Not published

How it compares

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

Comparison rate

14.81%

From 14.81%. A typical loan starts at 10.14%.

Cost of $20,000 over 5 years

$6,151

Interest and fees at its starting rate. Typical is $5,513.

Pros and cons

Pros

  • One rate for everyone. Everyone approved gets 11.10%, so the rate you see is the rate you get.

Cons

  • A higher starting rate. Its comparison rate starts at 14.81%, above the typical 10.14%, so it's likely to cost more than most similar loans unless you're offered less.
  • A variable rate. Your repayments can rise if the lender lifts its rate, though they can also fall.

Similar loans

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