Newcastle Permanent Car Loans

There is one fee to be aware of when taking out a car loan with Newcastle Permanent:

• Application fee – $250

See the relevant fees and charges documents for more information or contact Newcastle Permanent on 13 19 87.

See this article for look at the average fees currently charged by car loan providers on the market (based on Canstar’s Personal Loans Star Ratings for November 2017), to see if Newcastle Permanent’s fees are more or less what the average customer is paying.

Applying for a Newcastle Permanent car loan is straightforward; you can do it online after visiting Canstar’s comparison tables. When applying for a personal loan with Newcastle Permanent (or most providers in Australia for that matter), you generally need to meet the following criteria:

• The car or motorcycle must be for personal (or business) use
• You must be 18 or over
• You must be a permanent Australian resident or valid work visa holder
• Currently employed with a stable income
• Have a solid credit rating and not be bankrupt

In addition, you may also have to meet the minimum loan amounts specified by the provider (see above). If done online, the application process can take as little as 10 minutes, provided you have everything on hand. You may need to provide documents and ID such as:

• A current driver’s license
• Details of your current and previous (if applicable) employer
• Details of your income, assets, expenses and liabilities
• Previous tax returns if you are self-employed

You may also require your current account number for Newcastle Permanent if you’re an existing member.

Newcastle Permanent is a customer-owned banking institution and has been since it was founded as a building society in 1903. With 59 branches across regional NSW and more than 320,000 loyal customers, Newcastle Permanent is one of the largest building societies in Australia.

The Newcastle Permanent Charitable Foundation takes community-focussed banking to the next level, investing over $1.5 million every year in grants for local not-for-profits and community organisations. Since the foundation was created in 2003, they have provided over $14 million in grants to over 350 community projects and initiatives.

Through their Community Sponsorship program, Newcastle Permanent focusses on contributing to healthy minds, healthy bodies, happy lives, and passionate people. Healthy minds means investing in children’s education – they sponsor the Primary School Mathematics Competition (2016 was their biggest comp to date), Blackbutt Junior Ranger Program, and the Herald School Newspaper Competition. Healthy bodies includes sponsoring Surf Life Saving, Central Coast MarinersACTIVE program, and the Northern NSW Football Club. Happy lives is all about family-friendly events such as the Cinema Under the Stars. And passionate people involve staff volunteering, donations, and fundraising.

As for protecting the environment, Newcastle Permanent has a solid approach to sustainability. They make sure their customers and suppliers get involved, too, in activities such as recycling, minimising water usage, and minimising energy consumption. They also deliver statements via email or use paper from managed plantation forests, and they donate old computers to charity.

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