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ING Unsecured Personal Loan

Advertiser disclosure
Interest rate from
6.99% 10.99% p.a.
Comparison rate from
7.20% 11.21% p.a.based on $30,000
over 5 years
Upfront fee

Mozo editorial review ING Unsecured Personal Loan - last updated: 5 May 2022

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What's hot
  • Fixed interest rates from 6.99% p.a. (7.13% p.a comparison rate*)
  • Free extra repayments and no exit fee
What's not
  • $150 application fee (for applications approved from 5 May 2022)
  • 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 6.99% p.a. (7.13% 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 6.99% p.a. (7.13% p.a. comparison rate*) and 10.99% p.a. (11.14% p.a. comparison rate*), plus no monthly fees or early repayment fees - 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.

Keep in mind that this loan comes with a $150 establishment fee (for applications approved from 5 May 2022). There's also a $20 late payment, 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 could be a good option if you're after a competitive rate.  

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Any catches

While this loan doesn’t come with a monthly service or exit fee, there is a $150 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 2 July 2022. 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.


6.99% 10.99% p.a. fixed

7.20% 11.21% 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.


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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