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- Unsecured Personal Loan (Excellent Credit)
Unsecured Personal Loan (Excellent Credit)
- 2024 Award Winner
- 1 to 5 years
- Unsecured
- Fixed Rate
- No ongoing fees
Interest rate p.a.
9.49%
up to 9.99%
Comparison rate* p.a.
9.92%
up to 10.42%
Unsecured Personal Loan (Excellent Credit)
- 2024 Award Winner
- 1 to 5 years
- Unsecured
- Fixed Rate
- No ongoing fees
Interest rate p.a.
9.49%
up to 9.99%
Comparison rate* p.a.
9.92%
up to 10.42%
RateCity says
"You can apply for this competitive personal loan via the Revolut app or website, pay no ongoing fees, and quickly receive your funds."
Calculate your repayments for this loan
$
Your estimated repayment
$641
based on 20000 loan amount for 3 years at 9.49%
Pros and Cons
For Unsecured Personal Loan (Excellent Credit)
Benefits
- Lower than average rate
- No ongoing fees
- Application fees starting from $0
- No security required
- Can apply online
- Use the loan for any worthwhile purpose
- Fast time to funding
- Winner of Excellent Credit Personal Loans Newcomer, RateCity Gold Awards 2024
Drawbacks
- Monthly repayments only
- Cannot apply in branch
Revolut Rate Personal Loan overview
For Unsecured Personal Loan (Excellent Credit)
Details
Total repayments
$23,060
Interest rate type
Fixed
Borrowing range
$5k - $50k
Security type
Unsecured
Loan term
1 to 5 years
Secured by
Loan type
Repayment frequency
Monthly
Target Market Determination
Visit Revolut to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$0
up to $299
Ongoing fee
$0
Missed payment penalty
$0
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Debt consolidation
Renovation
Holidays
Medical bill
Shares
Student loan
Wedding
Other Restrictions
Ineligible purpose - gambling, business use
How to apply
If you'd like to apply for this product or just get more information, follow the application process on Revolut.More details