NAB Personal Project Loan Direct
0%
Variable
$35,000
Moneybuddy says
An NAB Personal Project Loan Direct lets you purchase items for a project like renovating your home for 90 days then you can repay the loan in up to 7 years. The Personal Project Loan Direct differs from the NAB Personal Project loan as it has a lower interest rate, but doesn't have the initial 90 day interest free period, and you can only apply online or by telephone. Repayments are capital + interest and are made monthly.
The Basics
Security Unsecured
Personal loan type Personal Loan
Start rate 0%
Interest Variable
Max. loan $35,000
The cool stuff: features
Loan insurance available? No
Repayment schedule Weekly
Online application Yes
Redraw facility No
Early repayment allowed Yes
Additional repayments allowed Yes
The Facts & Figures
Comparison rate -
Min. loan $10,000
Min. term -
Max. term 7 months
The ugly stuff: fees
Signup fee $125
Exit fee -
Monthly fee $7
* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.
Pros
- Flexibility of making purchases with a Visa card from the suppliers you want
- Lower interest rate than NAB Personal Project Loan
Cons
- No interest free period
- Purchases below $500 incur a low value transaction fee of $20
- No in-person applications & withdrawals in branch attract a fee
More from NAB
Question about
personal loans?
Get advice now >
Got a question about personal loans?
Enter your details below to enquire.My shortlist
You can shortlist products here & email them later.
No products currently shortlisted.
