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How Will My Loan Account Work?
You will have to live with your loan account for a long
time. Over 30 years you life circumstances will change
many times. You need a loan, which is functionally strong
and very flexible. Many basic loans offer low honeymoon
rates but lock you into inflexible loans with no long
term price advantage.
With an Onyx Premium Loan you can:
- Have up to four loan splits or sub-accounts at no
additional charge
- Each sub-account can have different features
- Change payment frequency
- Change payment day/date
- Make additional loan repayments at anytime
- Redraw funds with no minimum amount and no fee
- Use a cheque book
- Make payments on your credit cards
- Make bill payment debits direct from your account
- Access loan information using the Internet or phone
- Make loan changes using the Internet or phone
- Change loan structure and features anytime after
settlement
- Substitute a new security property for your current
property
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