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G&C Mutual Bank personal loan reviews

G&C Mutual Bank
G&C Mutual Bank's overall rating for personal loans

(as rated by the Mozo community)

5.1 / 10

based on 7 reviews

Price

Features

Customer service

Convenience

Trust

Featured personal loan from G&C Mutual Bank

Recent G&C Mutual Bank personal loan reviews

G&C Mutual Bank

G&C Mutual Bank Fair Rate Personal Loan - AA Rated Borrowers (Variable, Unsecured) Fair Rate Personal Loan (Variable, Unsecured) review

Overall rating   10 / 10

Competitive costs with easy and quick approval.

Great bank to do business with. Staff easy to understand and deal with and supportive of my needs. Online facilities simple and easy to follw

Full review

Great bank to do business with. Staff easy to understand and deal with and supportive of my needs. Online facilities simple and easy to follw

    Price   10 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Warren, New South Wales, reviewed almost 4 years ago

G&C Mutual Bank

G&C Mutual Bank Personal Loan review

Overall rating   1 / 10

Useless processes and need constant follow up

The personal loan application online was great. It went downhill from there. We had to constantly follow up to get our money through. All up it took 8 working days from application to receiving the money in the account (the website and...

Full review

The personal loan application online was great. It went downhill from there. We had to constantly follow up to get our money through. All up it took 8 working days from application to receiving the money in the account (the website and confirmation email states 3-5 working days). If we didn't follow up constantly it would have taken heaps longer. Now we have gone to transfer the money over to our everyday bank account to withdraw the cash -- once online banking login is blocked from doing withdrawals and the other can only transfer 33% of the total loan in one day. I regret applying and will stick with my usual bank from now on.

    Price   9 / 10

    Features   7 / 10

    Customer service   1 / 10

    Convenience   1 / 10

    Trust   1 / 10

Less

Anonymous, Queensland, reviewed almost 4 years ago

G&C Mutual Bank

G&C Mutual Bank Personal Loan review

Overall rating   10 / 10

You're a member not a number.

This personal loan is actually an overdraft and has been my saviour many times. It cannot work miracles because as a pensioner my Income makes gradual reduction difficult. Unfortunately, my Superannuation was less than sufficient for my...

Full review

This personal loan is actually an overdraft and has been my saviour many times. It cannot work miracles because as a pensioner my Income makes gradual reduction difficult. Unfortunately, my Superannuation was less than sufficient for my retirement- but that isn't the bank's fault, the G&c Mutual Bank (formerly S.G.E) are supportive and understanding.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Janyce, Victoria, reviewed over 4 years ago

G&C Mutual Bank

G&C Mutual Bank Personal Loan review

Overall rating   0 / 10

HORRIBLE! nasty people! charge you $80 if you dont answer the phone when they call! its absolutely ridiculous! NEVER go with them. Untrustworthy and rude! DONT GO WITH THEM!!!

Full review

HORRIBLE! nasty people! charge you $80 if you dont answer the phone when they call! its absolutely ridiculous! NEVER go with them. Untrustworthy and rude! DONT GO WITH THEM!!!

    Price   0 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Laura, Victoria, reviewed about 8 years ago

G&C Mutual Bank

G&C Mutual Bank Personal Loan review

Overall rating   10 / 10

Their selection criteria for loan approval is a little bit strict, but worth striving for.

Full review

Their selection criteria for loan approval is a little bit strict, but worth striving for.

    Price   5 / 10

    Features   5 / 10

    Customer service   7 / 10

    Trust   10 / 10

Less

Bob, New South Wales, reviewed about 8 years ago

G&C Mutual Bank

G&C Mutual Bank Personal Loan review

Overall rating   0 / 10

The interest rate went up with interest rates but never came down. Tip: don't take personal loan with SGE.

Full review

The interest rate went up with interest rates but never came down. Tip: don't take personal loan with SGE.

    Price   1 / 10

    Features   0 / 10

    Customer service   2 / 10

    Convenience   3 / 10

    Trust   2 / 10

Less

Roger, New South Wales, reviewed over 9 years ago

G&C Mutual Bank

G&C Mutual Bank Personal Loan review

Overall rating   5 / 10

The interest rate on my SGE personal loan was a crippling 15.5%! I got a car loan through them and at the same consolidated credit card debt to a personal loan. It took me so long to pay it off. I would never do it again.

Full review

The interest rate on my SGE personal loan was a crippling 15.5%! I got a car loan through them and at the same consolidated credit card debt to a personal loan. It took me so long to pay it off. I would never do it again.

    Price   1 / 10

    Features   2 / 10

    Customer service   5 / 10

    Convenience   6 / 10

    Trust   7 / 10

Less

Rebecca, New South Wales, reviewed over 10 years ago

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Personal loan comparisons on Mozo - rates updated daily

  • MOZO EXPERTS CHOICE AWARDS 2018

    Harmoney Unsecured Personal Loan (Fixed)

    Harmoney Unsecured Personal Loan (Fixed)

    • Up to $70,000, unsecured. Fast, easy & 100% online
    • No hidden fees or early repayment penalties with Australasia's leading marketplace lending website
    • You're unique, so is your interest rate

    interest rate

    6.99% p.a.to 28.69% p.a.

    comparison rate*

    7.69% p.a.to 29.55% p.a.based on $30,000
    over 5 years

    fees

    $500.00upfront
    and
    $0.00/month

    Go to site

    More info

    Terms from 1 to 5 years. Representative example: a 5 year $30,000 loan at 6.99% would cost $36,133.67 including fees.

    • Up to $70,000, unsecured. Fast, easy & 100% online
    • No hidden fees or early repayment penalties with Australasia's leading marketplace lending website
    • You're unique, so is your interest rate
    • Interest rate: 6.99% p.a.to 28.69% p.a.
    • Comparison rate*: 7.69% p.a.to 29.55% p.a.based on $30,000
      over 5 years
    • Upfront fee: $500
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Late payment fee: $15.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Early repayment penalty: $0.00
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $70,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 5 Years
    • Security required: Unsecured
    • Other benefits:
    Need more information?
    Go to site

    More info

  • Symple Loans Personal Loan (Variable, Unsecured)

    Symple Loans Personal Loan (Variable, Unsecured)

    interest rate

    5.75% p.a.to 25.99% p.a.

    comparison rate*

    7.31% p.a.to 29.2% p.a.based on $30,000
    over 5 years

    fees

    $600.00upfront
    and
    $10.00/month

    Go to site

    More info

    Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 5.75% would cost $35,790.18 including fees.

    • Interest rate: 5.75% p.a.to 25.99% p.a.
    • Comparison rate*: 7.31% p.a.to 29.2% p.a.based on $30,000
      over 5 years
    • Upfront fee: $600
    • Monthly fee: $10.00
    • Exit fee: $0.00
    • Late payment fee: $35.00
    • Repayment options: Monthly
    • Early repayment penalty: $0.00
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $50,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    • Security required: Unsecured
    • Other benefits:
    Need more information?
    Go to site

    More info

  • OurMoneyMarket Low Rate Personal Loan (Excellent Credit) (Fixed, Unsecured)

    OurMoneyMarket Low Rate Personal Loan (Excellent Credit) (Fixed, Unsecured)

    interest rate

    8.00% p.a.

    comparison rate*

    8.21% p.a.based on $30,000
    over 5 years

    fees

    $150.00upfront
    and
    $0.00/month

    Go to site

    More info

    Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 8.00% would cost $36,647.51 including fees.

    • Interest rate: 8.00% p.a.
    • Comparison rate*: 8.21% p.a.based on $30,000
      over 5 years
    • Upfront fee: $150
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Late payment fee: $35.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Early repayment penalty: $0.00
    • Minimum loan amount: $2,001.00
    • Maximum loan amount: $50,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    • Security required: Unsecured
    • Other benefits:
    Need more information?
    Go to site

    More info

  • RateSetter Unsecured Personal Loan (Variable)

    RateSetter Unsecured Personal Loan (Variable)

    • Low rates for borrowers with good credit
    • 1 min rate estimate, simple online application
    • No exit fees, no early repayment fees

    interest rate

    5.85% p.a.

    comparison rate*

    7.84% p.a.based on $10,000
    over 3 years

    fees

    $299.00upfront
    and
    $0.00/month

    Go to site

    More info

    Terms from 1 to 5 years. Representative example: a 3 year $10,000 loan at 5.85% would cost $11,226.45 including fees.

    • Low rates for borrowers with good credit
    • 1 min rate estimate, simple online application
    • No exit fees, no early repayment fees
    • Interest rate: 5.85% p.a.
    • Comparison rate*: 7.84% p.a.based on $10,000
      over 3 years
    • Upfront fee: $299
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Late payment fee: $30.00
    • Repayment options: Monthly
    • Early repayment penalty: $0.00
    • Minimum loan amount: $2,001.00
    • Maximum loan amount: $45,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 5 Years
    • Security required: Unsecured
    • Other benefits:
    Need more information?
    Go to site

    More info

  • Heritage Bank Low Rate Secured Personal Loan (Variable)

    Heritage Bank Low Rate Secured Personal Loan (Variable)

    • Low rate of interest on your loan while still earning interest on your term deposit
    • Borrow from $5,000 up to $100,000
    • Ability to redraw additional repayment

    interest rate

    4.69% p.a.

    comparison rate*

    7.16% p.a.based on $10,000
    over 3 years

    fees

    $200.00upfront
    and
    $5.00/month

    Go to site

    More info

    Terms from 1 to 10 years. Representative example: a 3 year $10,000 loan at 4.69% would cost $11,119.49 including fees.

    • Low rate of interest on your loan while still earning interest on your term deposit
    • Borrow from $5,000 up to $100,000
    • Ability to redraw additional repayment
    • Interest rate: 4.69% p.a.
    • Comparison rate*: 7.16% p.a.based on $10,000
      over 3 years
    • Upfront fee: $200
    • Monthly fee: $5.00
    • Exit fee: $0.00
    • Late payment fee: $20.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Early repayment penalty: Fees may apply
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $100,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 10 Years
    • Security required: Yes
    • Other benefits:
    Overall rating

    8.4

    Based on 40 Heritage Bank personal loan reviews

    Need more information?
    Go to site

    More info

*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. WARNING: 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.

Want more? Compare all 216 personal loans in the Mozo comparison engine.

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*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. WARNING: 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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