Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 12.45% would cost $41,200.53 including fees.
Pros: Convenient and easy to apply online if you already hold an account. If you miss a payment they send you a text so you don't fall too far behind. Cons: Re-Payment times vary and the re-payments coming out keep very slowly creeping back until it's no longer after pay day but before it. You can message via online means but it's pointless as they will want you to call or pop into a branch.
I took out a personal loan with ANZ and after a while i noticed the loan wasn't coming down too much so I re-applied for a lower interest rate loan which i am glad to do because now i can actually see the loan coming down. But unfortunately i stupidly did a fixed interest rate so now that the interest rates have plummeted i am regretting not going for the variable rate.
Have had no issues with the loan, have been able to redraw when ever necessary. Being able to use either phone or online banking makes life that bit easier.
They sent the case straight to a collection agency at the first sign of difficulty repaying. Avoid at all costs.
Money was taken out of my partners account, unauthorized let me add, by ANZ. He has a payment plan with ANZ for his loan that he has been paying and this morning ANZ decided to take more than what that agreed amount was! ANZ took 90% of his work wage and I'm furious. We both are as we need to pay rent and bills and now we cannot and from the other reviews I've seen on Facebook and here I'm severely disappointed. How dare ANZ take money that isn't theirs. So much for your agreements!
Staff were very patient and friendly throughout the process.
Not easy to get a home loan through even by having all the businesses through them
ANZ are trustworthy but may not always offer the best rates.
I am a long time customer. They listen to what I want, answers my questions and consider my circumstances.
Think there are better loan options out there.
Got a variable interest loan with no apparent fees or hidden charges. Now I've been told there will be an additional fee if i pay off the loan earlier.
They are great when you are rolling in the money but not when you come on hard times.
Interest rates are a bit higher than other providers, service is ok, but long wait times.
Happy to be with the bank but it is hard to contact them.
The loan process was fast, easy, and convenient and post-loan support has been great.
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Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 8.00% would cost $36,647.51 including fees.
Terms from 1 to 5 years. Representative example: a 5 year $30,000 loan at 6.95% would cost $35,599.71 including fees.
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 5.75% would cost $35,190.18 including fees.
Terms from 2 to 7 years. Representative example: a 5 year $30,000 loan at 6.95% would cost $36,874.71 including fees.
Terms from 3 to 7 years. Representative example: a 5 year $30,000 loan at 7.65% would cost $36,196.75 including fees.
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