NAB Personal Loan
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Moneybuddy says
NAB's Personal Loan allows you to consolidate all your existing debts into one manageable payment with the ability to borrow up to $**,*** over a loan term of between * and * years. There are lower interest rates available elsewhere, however you have a choice between a fixed or variable rate and you can select whether repayments are weekly, fortnightly or monthly.
The Basics
Security Secured
Personal loan type Personal Loan
Start rate p.a. -
Interest -
Max. loan -
The cool stuff: features
Loan insurance available? -
Repayment schedule -
Online application Yes
Redraw facility -
Early repayment allowed -
Additional repayments allowed -
The Facts & Figures
Comparison rate p.a. -
Min. loan -
Min. term -
Max. term -
The ugly stuff: fees
Signup fee -
Exit fee -
Monthly fee -
* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.
NAB says
If you're juggling debts on credit cards, store cards or store loans that are no longer "interest free", put a time limit on your debt and take control today.
With a NAB Personal Loan:
You can consolidate your debt into one regular loan repayment, You'll no longer need to worry about different due dates and multiple repayments, You could even save on interest, You’ll know how much your repayments are, so it's easier to budget, and you can restructure the repayments - weekly, fortnightly or even monthly, You'll have a definitive end-date so you can feel confident that you’re working towards paying your debt off in full
Key features
- Consolidate debt into one loan repayment
- Restructure repayments weekly
- fortnightly or monthly
- Definitive end-date
Pros
- Choice between a fixed or variable rate
- weekly
- fortnightly or monthly repayments
Cons
- Some lower rates available elsewhere
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