Advertisement

Macquarie Credit Union personal loan reviews

Macquarie Credit Union
Macquarie Credit Union's overall rating for personal loans

(as rated by the Mozo community)

6.0 / 10

based on 6 reviews

Price

Features

Customer service

Convenience

Trust

Featured personal loan from Macquarie Credit Union

Recent Macquarie Credit Union personal loan reviews

Macquarie Credit Union

Macquarie Credit Union Unsecured Personal Loan (Variable) Unsecured Personal Loan review

Overall rating   10 / 10

Great banking

Great banking so helpful

Full review

Great banking so helpful

    Price   9 / 10

Less

Peta, New South Wales, reviewed over 2 years ago

Macquarie Credit Union

Macquarie Credit Union Unsecured Personal Loan (Variable) Unsecured Personal Loan review

Overall rating   5 / 10

Easy to obtain a loan

The high interest rates are killing us within our current financial predicament

Full review

The high interest rates are killing us within our current financial predicament

    Price   2 / 10

Less

Judy, New South Wales, reviewed almost 3 years ago

Macquarie Credit Union

Macquarie Credit Union Personal Loan review

Overall rating   2 / 10

Lack of online information

The only issue I have in both trust and recommending is the complete lack of information. Nearly through my first year of a 5 year contract and I have only just found out they have an online portal. I go to all the effort of signing up only to...

Full review

The only issue I have in both trust and recommending is the complete lack of information. Nearly through my first year of a 5 year contract and I have only just found out they have an online portal. I go to all the effort of signing up only to find the online portal has pretty much no information other than to ring the 1800 number for a pay out figure. I don't want a payout figure, I just want to see my balance, gauge how much interest I am paying, pay a little extra from time to time and enjoy watching my loan go down. I can't with this loan unless I call and state I just want to know the balance (not a payout figure as this would cost each time).

    Price   7 / 10

    Features   6 / 10

    Customer service   3 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Michael, Victoria, reviewed about 5 years ago

Macquarie Credit Union

Macquarie Credit Union Personal Loan review

Overall rating   4 / 10

Awesome

Well, they help you get what you want.

Full review

Well, they help you get what you want.

    Price   3 / 10

    Features   3 / 10

    Customer service   4 / 10

    Convenience   4 / 10

    Trust   4 / 10

Less

Kevin, Western Australia, reviewed over 5 years ago

Macquarie Credit Union

Macquarie Credit Union Personal Loan review

Overall rating   6 / 10

Good but not great

The nearest bank is two hours away, not so convenient. Have been with them for nearly 20 yrs but lately their service is not the best and when we hit some difficult times they were not so helpful.

Full review

The nearest bank is two hours away, not so convenient. Have been with them for nearly 20 yrs but lately their service is not the best and when we hit some difficult times they were not so helpful.

    Price   6 / 10

    Features   2 / 10

    Customer service   4 / 10

    Convenience   4 / 10

    Trust   10 / 10

Less

Kym, New South Wales, reviewed over 6 years ago

Macquarie Credit Union

Macquarie Credit Union Personal Loan review

Overall rating   9 / 10

We bought an old house very cheap ($15,000) with a personal loan from the credit union. We started renovating then needing more money, we used another finance company. After a few years, the debts became too much. The credit union rolled...

Full review

We bought an old house very cheap ($15,000) with a personal loan from the credit union. We started renovating then needing more money, we used another finance company. After a few years, the debts became too much. The credit union rolled everything together and we had a morgage over our home. Continuing to add to this over the years, we now have a nice home. Their friendly staff always found a way to help-the redraw facility is fantastic when something unexpected happens and you need cash straight away.

    Price   9 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Cheryl, New South Wales, reviewed over 8 years ago

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. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Personal loan comparisons on Mozo - rates updated daily

  • 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

  • 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: $2,000.00
    • Maximum loan amount: $70,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 5 Years
    • Security required: Unsecured
    • Other benefits: Application fee is $200 for loans under $5,000.
    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.

Compare more personal loans

Look for a specific type of personal loan:

*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.

Back to top
 
Advertisement