Loans / Car Loans / Key Features - RTA Staff Credit Union

We have listed the key features of our Car Loans so you can compare them easily and ensure you choose the right loan for you.

Look through the list of key features below or see the benefits of an RTA Staff Credit Union Car Loan.

Key Features	RedHot Car Loan	New Car Loan	No Equity New Car	Bill of Sale Loan (older cars)
Variable interest rate	View our interest rates and comparison rate schedules
Minimum amount	$1,000	$1,000	$1,000	$1,000
Maximum amount	No max	No max	No max	No max
Loan period	Up to 7 years	Up to 7 years	Up to 5 years	Up to 5 years
Repayments	Monthly / Fortnightly / Weekly	Monthly / Fortnightly / Weekly	Monthly / Fortnightly / Weekly	Monthly / Fortnightly / Weekly
Interest charges	Calculated daily, Charged monthly	Calculated daily, Charged monthly	Calculated daily, Charged monthly	Calculated daily, Charged monthly
Application fee	$90	$90	$90	$90
Variable and lump sum repayments	Yes	Yes	Yes	Yes
Early repayment without penalty	Yes	Yes	Yes	Yes
Redraw facility available	Yes (free redraws)	Yes (free redraws)	Yes (free redraws)	Yes (free redraws)
Loan repayment insurance available	Yes	Yes	Yes	Yes
Motor insurance required	Yes	Yes	Yes	Yes
Auto repayments (salary / account)	Yes	Yes	Yes	Yes
Loan interview required	No	No	No	No

* All Car Loans are secured by Bill of Sale over the motor vehicle being purchased.

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Any advice or information on this site does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. Please review our Conditions of Use and Financial Services Guide before acquiring the product.
© RTA Staff Credit Union Limited \| ABN 78 087 650 600 \| AFSL 240718 \| BSB 802 847