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ING Unsecured Personal Loan

Advertiser disclosure
Interest rate from
7.99% 10.99% p.a.
Comparison rate from
8.13% 11.14% p.a.based on $30,000
over 5 years
Upfront fee

Mozo editorial review ING Unsecured Personal Loan - last updated: 16 November 2021

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What's hot
  • Fixed interest rates from 7.99% p.a. (8.13% p.a comparison rate*)
  • Free extra repayments and no exit fee
What's not
  • $100 application fee (option to have this waived)
  • No redraw facility
Mozo snapshot

If you’re after a loan that’s got no surprises or hidden nasties, then look no further than the ING Unsecured Personal Loan. With fixed interest rates from 7.99% p.a. (8.13% p.a comparison rate*), you’ll always have the comfort in knowing your repayment amount. Throw in the option of making free extra repayments and a $0 exit fee and you could be looking at a winner. 

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Key features

With fixed rates between 7.99% (8.13% comparison rate*) and 10.99% (11.14% comparison rate*), the ING Unsecured Personal Loan could be your answer to getting that dream holiday in the Maldives. 

You’ll be able to borrow between $5,000 and $60,000, make your repayments on a fortnightly or monthly basis and have the option to make extra repayments for free! Just keep in mind though that once you make extra repayments, that’s it, as there is no redraw facility with this loan.

And while you will have to remember the $100 upfront fee, there is an option to have it waived. All you need to do is have an active Orange Everyday account at the time of your application or open an Orange Everyday account with your personal loan. There is also a $20 late payment fee with this loan, so it's worth setting up a direct debit to make sure you never miss a payment. 

Who is it good for

The ING Unsecured Personal Loan is a good option for current ING customers who have an Orange Everyday account, or for anyone looking for a competitive bank rate.  

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Any catches

While this loan doesn’t come with a monthly service or exit fee, there is a $100 upfront fee and a $20 late payment fee. So it might be worth setting up a direct debit from your bank account so you never miss a repayment.


Rates and fees information correct as at 3 December 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.


7.99% 10.99% p.a. fixed

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







Other financial bits



2 Years

7 Years



Fortnightly, Monthly



6 and 7 year terms only available for amounts over $30,000.

Establishment fee waived when you have an active Orange Everyday at the time of application or request to open an Orange Everyday account with your ING Personal Loan to receive loan funds.

WARNING: 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. 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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