Defence Bank Consolidation Loan

13.99% p.a.

14.86% p.a.based on $30,000
over 5 years

$150

Rates

  • Variable

  • 13.99% p.a.variable

  • 14.86% p.a.based on $30,000
    over 5 years

Fees

  • $150.00

  • $10.00

  • $20.00

  • $0.00

  • $0.00

Other financial bits

  • $1,000.00

  • none

  • 1 Year

  • 7 Years

  • Other, Various

Features

  • Weekly, Fortnightly, Monthly

  • yes

  • yes

  • Security may be required at lenders discretion

  • none

About Defence Bank

Defence Bank was originally set up to provide financial products and services to members of the Defence force and their families. Now catering to the defence community and general public, Defence Bank offer services in savings and investment accounts, personal loans, home loans, credit cards, debit cards, term deposits and car insurance.

How are Defence Bank personal loans rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
6.5

Based on 14
Defence Bank personal loans reviews

6.0 5.1 6.5 5.9 7.0

Read Defence Bank personal loan reviews by the Mozo community

Latest review of Defence Bank Consolidation Loan

Defence Bank

Defence Bank Consolidation Loan (Variable, Secured) personal loan review

Overall rating   0 / 10

Harassing Customers

The service rec'd from this bank was and still is a disgrace.....harrased everyday as one payment was $10 short, caused my partner to have a nervous break down and even after it was brought back up to date (same day) the harrassment continued as...

Full review

The service rec'd from this bank was and still is a disgrace.....harrased everyday as one payment was $10 short, caused my partner to have a nervous break down and even after it was brought back up to date (same day) the harrassment continued as my partner was not working...not that it was any business of theirs. The constant harrassment was not needed we even had the so called manager of our account told his boss that we agreed to making extra payments which we had not so more harrassing phone calls until we sent the email to his boss advising we did not agree with him and the emails he had sent us. Will never use this bank again and have made sure that it has been plastered over social media.

    Price   2 / 10

    Features   1 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

??, Queensland, reviewed over 5 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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