4.6 / 10

based on 910 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 26 February, 2021. 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

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

6.99% p.a.

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

$295

Go to site
Personal Loan (Fixed, Secured)

5.99% p.a.to 21.99% p.a.

7.26% p.a.to 23.15% p.a.based on $30,000
over 5 years

$250

Go to site
Personal Loan (Fixed, Unsecured)

7.99% p.a.to 22.99% p.a.

9.24% p.a.to 24.15% p.a.based on $30,000
over 5 years

$250

Go to site

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.

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

207 Reviews

Recent Latitude personal loan reviews

Latitude Unsecured Personal Loan review
Overall 1/10
Dissapointing

Rude customer service. Bombarded you with information, and a lot of it is hidden in contracts. They won't give you the information you need, simply refer you back to the loan documents later. From $276 i pay a month, only about $40 goes to the loan (Remainder is interest). They charge $1.50 per transaction when you try and pay early. When i stated I would go to the ombudsman for being penalized in relation to making additional payments - was advised to "go right ahead, its in your contracts" - they fail to advise you anything else at the time you ask questions. I was also cut off from emailing " If you need anything else jump on the support page or call". Avoid at all costs, and speak to financial planners prior to accepting any loans with these guys

Read full review

Rude customer service. Bombarded you with information, and a lot of it is hidden in contracts. They won't give you the information you need, simply refer you back to the loan documents later. From $276 i pay a month, only about $40 goes to the loan (Remainder is interest). They charge $1.50 per transaction when you try and pay early. When i stated I would go to the ombudsman for being penalized in relation to making additional payments - was advised to "go right ahead, its in your contracts" - they fail to advise you anything else at the time you ask questions. I was also cut off from emailing " If you need anything else jump on the support page or call". Avoid at all costs, and speak to financial planners prior to accepting any loans with these guys

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Hayley, Western Australia, reviewed 30 days ago
Latitude Secured Personal Loan review
Overall 1/10
Discrimination at its best.

I applied for a small personal loan through Latitude. I was refused because I do not have a full time job, I am a pensioner. Having a veterans tpi pension, a service pension and my superannuation, owning all my vehicles and house, that was not enough. Don't know what else to write. Never been knocked back before.

Read full review

I applied for a small personal loan through Latitude. I was refused because I do not have a full time job, I am a pensioner. Having a veterans tpi pension, a service pension and my superannuation, owning all my vehicles and house, that was not enough. Don't know what else to write. Never been knocked back before.

Trust
2/10
Less
Bruce, Queensland, reviewed about 1 month ago
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 3 months 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 3 months ago

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