4.6 / 10

based on 900 reviews as rated by Mozo community

Latitude personal loans

Latitude Financial Services has plans to be the best independent financial services in Australia and New Zealand, so if you are looking for a new personal loan you can check out its loan products here. Latitude Financial Services currently only offers fixed rate loans, so if you’re after a variable rate option check out our personal loan comparison tools and compare the market.

Latitude offers the following personal loans

Rates and fees verified as correct at 25 November, 2020. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate from Comparison rate from Upfront fee
Car Loan (Over 3 years old, Fixed, Secured)

9.99% p.a.

11.08% p.a.based on $30,000
over 5 years

$295

Car Loan (Under 3 years old, Fixed, Secured)

6.99% p.a.

8.10% p.a.based on $30,000
over 5 years

$295

Personal Loan (Fixed, Secured)

6.49% p.a.to 19.49% p.a.

7.75% p.a.to 20.66% p.a.based on $30,000
over 5 years

$250

Personal Loan (Fixed, Unsecured)

7.99% p.a.to 19.99% p.a.

9.24% p.a.to 21.16% p.a.based on $30,000
over 5 years

$250

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.

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.

Latitude Financial Services Loan Basics


How are Latitude personal loans rated?

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

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Latitude personal loans
Overall
4.7/10
Price
Features
Customer service
Convenience
Trust

205 Reviews

Recent Latitude personal loan reviews

Latitude Personal Loan review
Overall 1/10
05/08 Paid out & closed card - 12/10 still open

I paid out my card on the 27/09/2020. On the 05/08/2020 someone emailed me and advised that my account was closed. I currently have a home loan on a tight deadline being processed and have found out today that it has been delayed due to this card (debt) still being open. Phoned two people today - one told me it was closed as of 05/08/2020 - the other told me it was still open, closed it and told me I would get a reference code text message in one hour so that I could print off a closure letter. One hour later, call centre now closed and no text or closure letter, which I needed to send onto the bank to prevent my loan and house settlement being delayed any further. Pretty disappointed that Latitude continued to keep this debt open when I gave them specific instructions to close it twice and have no faith in their customer service, considering I have had three employees, who have all given me completely different answers RE my account being closed. It’s like no one knows what’s going on at their end - which is scary when it’s our credit rating on the line!! Will never be going with Latitude again!!

Read full review

I paid out my card on the 27/09/2020. On the 05/08/2020 someone emailed me and advised that my account was closed. I currently have a home loan on a tight deadline being processed and have found out today that it has been delayed due to this card (debt) still being open. Phoned two people today - one told me it was closed as of 05/08/2020 - the other told me it was still open, closed it and told me I would get a reference code text message in one hour so that I could print off a closure letter. One hour later, call centre now closed and no text or closure letter, which I needed to send onto the bank to prevent my loan and house settlement being delayed any further. Pretty disappointed that Latitude continued to keep this debt open when I gave them specific instructions to close it twice and have no faith in their customer service, considering I have had three employees, who have all given me completely different answers RE my account being closed. It’s like no one knows what’s going on at their end - which is scary when it’s our credit rating on the line!! Will never be going with Latitude again!!

Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Meagan, New South Wales reviewed 8 days ago
Latitude Secured Personal Loan review
Overall 6/10
Probably wouldn’t use again.

They have high interest that was swept under the rug as I was young when I signed up. They would add random fees onto the account when I wasn’t aware. Although they did wave a few late fees for me after explaining my circumstances to them.

Read full review

They have high interest that was swept under the rug as I was young when I signed up. They would add random fees onto the account when I wasn’t aware. Although they did wave a few late fees for me after explaining my circumstances to them.

Price
7/10
Features
6/10
Customer service
6/10
Convenience
6/10
Trust
4/10
Less
Lucas, Queensland reviewed 11 days ago
Latitude Secured Personal Loan review
Overall 1/10
Horrendous customer service.

Horrendous customer service.

Read full review

Horrendous customer service.

Price
2/10
Features
2/10
Customer service
1/10
Convenience
1/10
Trust
2/10
Less
Sam, New South Wales reviewed about 2 months ago
Latitude Secured Personal Loan review
Overall 2/10
Horrible service.

I called to receive my personal loan contracts. The connection to their overseas call taker was horrible and we couldn't hear each other. I wasn't going to hang up as I spend 20mins on hold trying to get through. She told me I'd have the documents within 24-48 hrs. 48hrs later, no email. I called again. Another 20min on hold and another bad connection. She apologised and said it would be sent by the next morning. Still no email. I submitted online feedback with account number, full name and DOB, email and phone number. They replied that this wasn't enough information and to submit a new form.

Read full review

I called to receive my personal loan contracts. The connection to their overseas call taker was horrible and we couldn't hear each other. I wasn't going to hang up as I spend 20mins on hold trying to get through. She told me I'd have the documents within 24-48 hrs. 48hrs later, no email. I called again. Another 20min on hold and another bad connection. She apologised and said it would be sent by the next morning. Still no email. I submitted online feedback with account number, full name and DOB, email and phone number. They replied that this wasn't enough information and to submit a new form.

Price
4/10
Features
4/10
Customer service
1/10
Convenience
3/10
Trust
2/10
Less
Simon, Western Australia reviewed 2 months ago

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