Our Sites:
personal loans »
national australia bank »
personal project loan direct
Personal Project Loan Direct by National Australia Bank
Personal Project Loan Direct
Institution : National Australia BankTheir Blurb
-
Interest Type
Variable
Our View
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.
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
Other National Australia Bank Products
Compare Personal Loans from other Banks
National Australia Bank Product Types
| The Facts & Figures | |
|---|---|
| Maximum Loan Amount | $ 35000.00 |
| Redraw Facility | 0.00 |
| Minimum Term | - |
| Early Repayment Allowed | Yes |
| Maximum Term | 7.00 |
| Additional repayments allowed | Yes |
| Special offers | - |
| Minimum Loan Amount | $ 10000.00 |
| Repayment schedule | Yes |
| The cool stuff: features | |
| Monthly Fee | $ 7.00 |
| Exit Fee | - |
| Loan Insurance Available? | No |
| Online Application | Yes |
| Application Fee | $ 125.00 |
