Too bad this new credit score based personal loan. I am getting different score than with actual score. Too bad I should get 8.99 interest rate but I am getting 10.99. Very very bad.
ING always has competitive rates and they have a trusted name. I always know I'm getting a good rate with a trusted bank. Their online banking app is not very consumer friendly. There are no branches/ATMs.
I was left a little short with a recent renovation and applied for a personal loan with ING who I already bank with. The rate was competitive, but what really impressed me was how easy it was to apply. The repayments simply come out of my daily account and it is easy to transfer extra at any time. Very impressed.
ING is fantastic. They keep you updated and communicate clearly but don't flood you with emails. They never cold call which is a huge plus and a nice change. Their phone app is great and very easy to use, as is their website. It's safe and secure and I have a lot of different accounts with them that are easy to use and navigate. My online banking is so straight forward and 'tidy'- I love it! The personal loan was just so easy to apply for and manage and the interest rate has been really reasonable. The only downside is that they don't have physical branches which is annoying if you want to deposit money. However, you can deposit cash at an Australia Post into your ING account so it's a good work around. Overall, best bank I have ever been with and I have no intention to change.
When I applied for a personal loan I was declined. I called to check and they said something about my credit reporting. I called Equifax and they said my credit reporting is great and nothing is wrong with it. Then I got a copy of my credit file and checked it myself - I never missed a payment in a while plus haven't made any applications in the last two years. I called the bank again and got no answer. Took my money out of this bank and closed my account.
Applied for a personal loan. They rejected me but couldn't be bothered communicating why it was rejected. I have good income and good credit rating, but I got rejected with no response and now its on my file.
ing are just great when it come to getting a personal loan and you dont have all that hassal you get a straight answer in just 2 hours ing i found have all the prouduct of any needs i have been with them for 3 years and they are so rasy to talk to so i rate them 10/10 for insurance and banking and they loans so if you need any of these then go to ing
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Terms from 1 to 5 years. Representative example: a 5 year $30,000 loan at 4.99% would cost $33,959.97 including fees.
Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 6.39% would cost $35,126.40 including fees.
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 5.45% would cost $34,590.57 including fees.
Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 5.35% would cost $34,832.61 including fees.
Terms from 2 to 5 years. Representative example: a 3 year $10,000 loan at 5.95% would cost $10,943.74 including fees.
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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