based on 4554 ING banking product reviews as rated by Mozo community

ING personal loans

ING is part of the ING Group, one of the world's largest financial institutions, but it isn't like other banks. ING pioneered branch-less banking in Australia, getting rid of branches and passing on the savings to customers in the form of better rates and lower fees. From high interest savings accounts and term deposits to low rate home loans, ING aims to keep your banking simple.

Plus, ING won a 2021 Mozo Experts Choice Award for Best Unsecured Personal Loan. 

ING offers the following personal loans

Rates and fees verified as correct at 18 September, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate from Comparison rate from Upfront fee
Unsecured Personal Loan (Fixed)

7.99% p.a.to 10.99% p.a.

8.13% p.a.to 11.14% p.a.based on $30,000
over 5 years

$100

What personal loans does ING offer?

Unsecured Personal Loan 

ING’s unsecured personal loan option is an award-winning loan with minimal fees and flexible repayment options. Customers can borrow between $5,000 and $60,000 with this loan and opt for a loan term between 2 and 7 years (though if you're looking for a 6 or 7 year term, your loan size will have to be over $30,000). On top of that, there is the choice between fortnightly and monthly regular repayments as well as the option to make extra repayments too. There is no redraw facility attached to this loan. 

While there are no ongoing service, exit or early repayment charges to worry about, there is a one-off establishment fee to budget for. However, if you already have or apply to receive your loan funds in an Orange Everyday bank account with ING, the bank will waive this upfront cost. Our expert judges loved this personal loan option and gave ING a 2021 Mozo Experts Award for Best Unsecured Personal Loan. 

ING personal loan features at a glance

How do you apply for an ING personal loan?

When applying online for a ING personal loan, it can take as little as 20 minutes to complete the form. Then, once approved you could receive your funds on the same day, if you are an ING Orange Everyday account holder. 

In order to apply for an ING personal loan you must satisfy the following: 

How are ING personal loans rated?

Mozo users have rated ING personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of personal-loans
ING personal loans
Overall
Price
Features
Customer service
Convenience
Trust

16 Reviews

Recent ING personal loan reviews

ING Unsecured Personal Loan
Overall 1/10
Very very bad new look rate check

Very bad service with new look I don’t like. Different credit score

Read full review

Very bad service with new look I don’t like. Different credit score

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Vidya, New South Wales, reviewed 2 months ago
ING Personal Loan
Overall 1/10
Too bad this new credit score based personal loan.

Too bad this new credit score based personal loan. I am getting different score than with actual score. Too bad I should get 8.99 interest rate but I am getting 10.99. Very very bad.

Read full review

Too bad this new credit score based personal loan. I am getting different score than with actual score. Too bad I should get 8.99 interest rate but I am getting 10.99. Very very bad.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Vidya, New South Wales, reviewed 2 months ago
ING Unsecured Personal Loan
Overall 10/10
I should have gotten this product years ago!

Low interest and no sign up/establishment fees I took a personal loan to pay off high interest credit cards and they pay the debt directly to those accounts.

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Low interest and no sign up/establishment fees I took a personal loan to pay off high interest credit cards and they pay the debt directly to those accounts.

Features
5/10
Trust
10/10
Less
Gillian, New South Wales, reviewed 6 months ago
ING Personal Loan
Overall 9/10
Excellent customer service

The bank is all online so no over heads on in store banks. No wait times on calling, very simple phone choices and staff are very helpful, extensive knowledge and don’t push sales.

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The bank is all online so no over heads on in store banks. No wait times on calling, very simple phone choices and staff are very helpful, extensive knowledge and don’t push sales.

Price
10/10
Features
7/10
Customer service
8/10
Convenience
10/10
Trust
10/10
Less
Ruth, Australian Capital Territory, reviewed 8 months ago

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