Commonwealth Bank Personal Loan: Fixed Rate Secured Loan

If you're looking to retire your old car and get into something newer, a Fixed Rate Secured Loan may be the ideal way to finance it. By securing the loan against your new car, Commonwealth Bank can lend you more and give you a great interest rate to boot.

The Fixed Rate Secured Loan interest rate is 11.74% p.a. Comparison rate is 12.77% p.a., based on $30,000 borrowed over five years.

Commonwealth Bank Fixed Rate Secured Loan features:

• Enjoy a lower interest rate than unsecured loans
• With a fixed rate you'll always know what you need to pay
• Borrow $10,000 or more for your new car
• You can choose the term of your loan from 1 to 5 years
• Choose weekly, fortnightly or monthly repayments to suit your budget

Interest rates effective at 12/2/2010.