ING Personal Loans
ING is a provider of personal loans, car loans, home loans, bank accounts, credit cards, home insurance and superannuation.
What personal loans does ING offer?
At the time of writing, ING offers one personal loan product. This is an unsecured loan with a fixed interest rate.
Features of ING’s personal loan include:
- Loan amount between $5,000 and $60,000
- Loan terms of two to seven years (loan terms of six and seven years are only available for amounts over $30,000)
- Repayment available fortnightly or monthly
- No ongoing monthly or annual fees
- No charge for extra repayments and no charge for early repayment if you pay the loan off early
- ING says it will waive the $100 personal loan establishment fee when you have an active Orange Everyday at the time of application or request to open one to receive your loan funds
- If you are an existing ING customer, the loan can be received into your account on the same day as the loan offer is accepted, ING says.
What can you use ING’s personal loans for?
Personal loans can typically be used for life events or other large purchases, such as:
- Buying a car
- Debt consolidation
- Holidays
- Home renovations
- Weddings and more
Read the product disclosure statement (PDS) from ING for any specific details on what you may or may not be able to take out a personal loan for.