bcuFreedom Loan Unsecured
Whether you're funding a new project around the house or need to cover an unexpected expense, an unsecured personal loan could be the right fit for you.
At a glance
- Variable
- 9.55%9.84% comparison
- Loan size
- $4,000 to $100,000
- Upfront fee
- $200
How it compares
This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This personal loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 9.55% | 5.80%Plenti Personal Loan | 7.96%of 68 institutions | 53rd lowest of 68 |
| Variable personal loanMoves with the lender's rates | 9.55% | 6.29%Bank of us' RESIDENTIALLY SECURED PERSONAL LOAN | 8.02%of 45 institutions | 31st lowest of 45 |
Rates
The one rate bcu publishes for this personal loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | P&I | - | - | 9.55% | 9.84% | Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers. |
Fees
8 fees published, grouped by when they're charged.
When you take it out1
- Loan Establishment Fee
One off establishment fee.
$200
If a payment is late or fails3
- Collection Agent Administration Fee
Payable when you are in arrears for more than 90 days and we choose to engage an external collection agent.
$100 90 days after it's due - Late Payment Notification Fee
When payment to a personal loan becomes overdue by 11 and 30 days.
$5 11 days after it's due - Management Administration Fee
When payment to a personal loan becomes overdue by more than 90 days.
$50 90 days after it's due
When particular things happen3
- Notice of Demand Fee
When payment to a personal loan becomes overdue by 46 days.
$75 - Statement Retrieval > 12 Mths$2.50
- Statement Retrieval Fee
Fee applies for statements over 12 months old. Payable on request to issue a copy of a previously issued statement.
$2.50
Other fees1
- Default Interest Rate
A default rate may be charged on any overdue amount if you fail to pay the amount due under the loan contract by its due date. The default rate is 2% per annum above the Annual Percentage Rate applyi…
Varies
Features
Eligibility and limits
- Minimum age 18
- Residency: Personal Lending is not available for non-residents.
- Available to individuals
- Amount $4,000 to $100,000
- Credit eligibilty criteria, terms and conditions, fees and charges apply.
- You must be or become a BCU Bank member
Compare it with others
Put this product through a calculator
Published by BCU Bank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.