Mutual lender offers fixed rate below 4%

A mutual lender which has recently entered the third party channel has announced a three-year fixed rate offer below 4%



Queensland Police Credit Union Limited (QPCU) has announced a new three-year fixed rate offer below 4%. 

Effective Wednesday 4 November, the Queensland-based mutual lender will offer a discounted three-year fixed rate of 3.89% for new principal and interest loans of more than $150,000 (4.50% comparison rate).

“The rates we have announced today really are market-leading and show our commitment to providing better value than our competitors,” QPCU CEO Grant Devine said.

QCPU made its debut in the third party channel in August, when it announced it will be added to the lending panel of ASX-listed aggregator AFG.

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