Westpac is Australia’s first financial services provider and one of the oldest corporation, we are one of four key investment organizations in Australia and one of the major banks in New Zealand.
Westpac 200’s customer-facing divisions are:
- Consumer Bank – accountable for sales and service to clients in Australia
- Business Bank – liable for transactions and facility to micro, small-to-medium initiatives and marketable commercial clients in Australia
- BT Financial Group Australia (BTFG) – Westpac’s Australian affluence and assurance corporate, accountable for the production and delivery of asset, retirement, treasure administration platforms, private banking, margin lending and equities broking
- Westpac Institutional Bank (WIB) – has a wide variety of financial products and facilities serving both Australia and New Zealand including personal loans and short-term credit facilities.
It is very important that clients read the fine print. Failure to do so will make things difficult when you can no longer live up to the financial obligations you signed up for.
Westpac 200 unsecured personal loan
- A client can apply for a flexible personal loan term of between 1 and 7 years.
- Apply for an amount of $4,000 and $100,000 terms and conditions apply
- Make extra payments to pay your loan off preferably earlier than the end date. There might be a prepayment a client has to pay.
- Decide on a payment period that is suitable for your salary dates whether it is on a weekly, fortnightly or monthly basis.
- You could use your money in a Westpac bank account in the interior of 60 minutes of the final agreement, on any day of the week.
Westpac Product Details
- Loan Type Personal loans
- Interest Rate 8.49 – 12.99% p/a
- Loan Amount up to $100,000
- Repayment 1 year to 7 years
- Initiation Fee
Summary of Services
- Get lower interest rates on personal loans
- Apply online and get preapproved
- Convenient and flexible repayment options
Westpac 200 – Easy & convenient personal loans
The terms and conditions normally state what is expected of you as a client and what is expected from a credit advance company or a lender.
Once all parties have signed on the dotted line, nobody can come and say they were not made aware of their expectations because when you sign for something, you are basically acknowledging your consent on the matter.
Money deposited straight into your account
Once all the policing work has been done, we will deposit the long or short term loan on the account number you provided us with when you were applying. Depending on the kind of bank you use, the money may take hours or even a day to reflect in your bank account.
Credit Checks for personal loans
Credit checks normally scare clients but this shouldn’t be the case. The only reason we do credit checks is so we can determine if the customer in question will be able to pay for the personal loan. Should we decide to not proceed with your loan application, we will give you all the necessary reason as to how we came about such a decision. However, nothing stops you from going to correct the slight glitches identified and trying to apply with us again in future.
Loan repayment period
Unless a client wants to pay back the quick loan earlier than the agreed date, they have a maximum one year to seven years to repay back the loan.
Insufficient funds when payment is due
Clients will incur a dishonest fee in the event of funds being unavailable on the day of payment.
Can I get a loan extension?
Due to unforeseen circumstances, clients may request their loan to be extended. Being the considerate people that we are, we will allow customers for such a request on a special condition. The condition may be beyond the customer’s control. However, this is not to say that we will always be agreeing to a frequent emergency loan extension. This is why we always tell our clients to be certain that they will be able to pay the loan they are applying for.
Applying for another loan
Depending on the manner in which you repay for your loan, you might be eligible to apply for another one after a day or two of settling the previous one. There is generally not much time that you have to wait. All we require is confirmation that you have settled the old one and you are good to go!
Although we try our best to sympathize with our clients, we are trying to run a successful business after all. That said, there is only so much “second chances” we can give. Clients incur a certain amount per day for an account that is in arrears. Therefore, the longer you take the account, the more arrears you have to pay. We also cannot offer bad credit loans if you do not pass our affordability checks.
Customer Reviews & Testimonials
Very low-interest rate and easy repayment terms - their call staff are also well trained to help you with any questions.
— Brisbane —
When in a bit of a financial bind I always turn to Westpac. Sometimes there is just more month than salary and you need a little more to help you over - I can do that with the low interest and af...
— Hobart —
Westpac Contact Details
- 200 Rosamond Rd, Maribyrnong VIC 3032, Australia Australia
- Get Directions
- Monday 09:00 – 17:30
- Tuesday 09:00 – 17:30
- Wednesday 09:00 – 17:30
- Thursday 09:00 – 21:00
- Friday 09:00 – 21:00
- Saturday 09:00 – 17:00
- Sunday 10:00 – 17:00