Market leader Bankwest has made its Personal Loan suite even simpler with the relaunch of three personal loans improved to suit customers' needs.
The Bankwest personal loan suite has three main products including the popular Bankwest Car Loan offering a fixed rate of 9.79 per cent p.a (comparison rate of 11.68 per cent p.a. ) when secured by a motor vehicle for three to seven years and a loan minimum of $10,000.
The Bankwest Basic Personal Loan offers an unsecured fixed rate of 13.89 per cent p.a. (comparison rate of 17.03 per cent p.a. ) for three to seven years, for any purpose the customer wishes to use it for including home renovations or a holiday.
The Bankwest Flexible Personal Loan offers a variable interest rate of 14.99 per cent p.a. (comparison rate of 18.83 per cent p.a. ). The loan is available from one to seven years and allows flexible repayments and access to surplus or the ability to pay it off over a short period of time. The Bankwest Flexible Personal Loan has a loan minimum of $5000.
Bankwest Head of Personal Loans Brian Zacharias said it was a good time for customers looking to consolidate debt or purchase a new car to look at the personal loans available.
"With the economic downturn, many customers are evaluating their finances and looking to consolidate debt in order to pay it down and a personal loan may be a good way to do this," Mr Zacharias said.
"Bankwest's personal loans are simple and easy to understand and there's one for every customers' need be it a holiday, debt consolidation or a car."
Bankwest has a personal loan calculator and a car loan calculator that allows customers to view how much repayments will be over a specified period.
For more information visit Bankwest Personal Loans
