They staff at NAB made it easy and stress free to apply for a personal loan. Talked me through all the paper work and had it assessed withing 4hrs. Wouldn't bank with anyone else.
The redraw function does not work and I feel like I was lied to. Interest rate is very high. I’ll be looking to consolidate soon.
I applied for a personal loan via the internet. I was approved within minutes. So easy. Made my day.
Intense dislike, for the hounding of clients through no fault of their own, not informed when repayments went up, countless paperwork back and forth, must not forget the last cent owing. Interest charged plus service fees, on top of the loan repayment, even when interest rates went down. As pensioners I am glad to be rid of them. Never, never again.
Just recently a house came up that my partner and I fell in love with that was going to be auctioned. We did all the right things and went to the NAB to get our loan started and pre-approved. Our loan got conditionally approved which we met all the conditions for so we took the bid at auction and got the place for less than what the bank was going to lend us. Again, we did all the right things and met all the banks requirements, even flying home early from holidays so we could sort it out. The loan went to the head office where it stewed for a few days and then they came back to us and said they could only conditionally lend us x amount but only if we magically came up with 100k+. We now have 10 days to settle and no loan. They left us high and dry and shattered our dreams. Will be finding a new bank to handle our finances as the NAB can't be trusted.
Never missed a payment always have an excellent credit rating yet they refused to offer an increase on my credit cards because they the nab said my disability pension is not considered a reliable income.
This bank is the worst ever, never would recommend to anybody. Screen your phone calls, harassed me, worst ever.
The app is user friendly and able to sort things out without having to call.
NAB gave me a chance when I needed a loan for medical reasons. They were quick and easy to deal with and funds were transferred quickly.
Repayment terms from 1 year to 7 years. Representative example: a 5 year $30,000 loan at 6.57% would cost $35,528.12 including fees.
Repayment terms from 3 years to 7 years. Representative example: a 5 year $30,000 loan at 5.76% would cost $35,173.52 including fees.
Repayment terms from 1 year to 7 years. Representative example: a 5 year $30,000 loan at 6.57% would cost $35,528.12 including fees.
Repayment terms from 2 years to 4 years. Representative example: a 3 year $10,000 loan at 14.95% would cost $14,324.71 including fees.
Repayment terms from 1 year to 7 years. Representative example: a 5 year $30,000 loan at 6.57% would cost $35,528.12 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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