479 reviews
I had an issue lodging online use the chat option and was able to speak to customer service representative the process was straight forward and easy and communication throughout was excellent
Fast and easy process.they had a real person who was willing to understand the borrowing capacitu instead of just some manual computer generatred loan application which simply rejects based on numbers.
Reviews with attachments
STAY AWAY FROM LATITUDE!! – Their systems do not work properly, and every time I've had to contact them it's been a major headache. I have had a loan with them for a little less than 4 months, firstly the application process was painful as they kept requesting information that id already given them as if they'd lost it, secondly my data was leaked, and thirdly I have not… Read more
been able to view my loan in their online portal, when I log in it just says "no loan account exists for this account" i haven't even so much as received a statement to let me know where my account is up to. Their customer service is a joke, on numerous occasions i have contacted them with this issue only to be told to reset my password (which doesn't fix the issue let alone have anything to do with it because i can log on just fine, theres just no account visible.) My case was escalated to IT 2 months ago and i have heard nothing from them. My intrest rate is also a joke! 12.39% on a secured loan! I contacted them again a week ago asking for the issue to be fixed and my interest rate to be revised as well as a payout quote so that I could 1 see my balance and 2 refinance elsewhere if the first two things remained unadressed. So far all ive gotten is a payout quote (which was only 2k less than my starting balance with me paying nearly 1.5k a month mind you which makes me even more furious that I don't have a way to check things) and a survey and yet another password reset, the other two things were completely ignored. As such I've started enquiries with other lenders for refinancing and have gotten quotes ranging from 7.35% to 10.42%, i will be leaving this company as soon as I can. They are an Absolute joke, a disgraceful company. STAY AWAY FROM LATITUDE!!!!
Update: latitude fixed my login issue but I had to create a new email address in the process as they couldn't reuse my email for some reason.
Upon enquiring about my interest rate and me requesting for it to be lower with respect to the lack of service and my poor experience quoting the rates given by other lenders, latitude decided it would be appropriate to further RAISE MY OTHERWISE FIXED INTREST RATE!?!?!
I will now be taking my business elsewhere. These people are a RIP-OFF and a JOKE!
AVOID AVOID AVOID!!
Update 2: refinanced with another lender (a bank) and got an interest rate of 6.9% rather than latitudes 12.39% saving me over $400 per month in repayments along with an app that actually works and night and day better service. The only issues I had during the process was any time I needed to get anything from Latitude. I needed to get a statement and a payout letter, this took a week, three email chains and several phone calls to latitude to sort out, and they still got it wrong, eventually issuing me a payout letter showing a value that was about $8000 less than what I actually owed. A further phone call to them resulted in a payout letter showing a value that was about $150 more than what I owed, so I paid that one and waited for them to refund the difference, which they eventually did 2 weeks later.
Safe to say I will never go to latitude finance again.
Useless, taking money out my account without authorisation – I set up a BPAY of $300/fn, Latitude decided that it would be a good idea to take an extra $300 on the same day. I’ve spoken with numerous people, all said I would get a refund!! In the process of reporting to the Ombudsman for illegal transactions, have left us extremely short for Xmas. No one knows what they are doing.. an absolutely disgraceful… Read more
company. Also in the process of finding another financial institution to pay them out..then I can tell Latitude to f… off
Positive reviews
I previously had a $25000 5 year personal loan with Latitude and was about a year into paying it off. We bought 2 cars with the first loan. Sadly the transmission on one of the cars died and it wasn't really worth fixing it cost wise, so I did a "Top up" with my personal loan to buy another car, which is basically refinancing it with an extra… Read more
$5000 and got approved the same day. Very fast and easy service, and I only had to do it online and upload my payslips from my employer.
I was pleasantly surprised how professional and easy the process was from start to finish with Latitude. Everything was sorted same day and the contact with the lending staff was excellent
I was unsure to apply after getting the quote with interest rate seems bit high. Few says later got a phone call, they offered 2% discount on interest rate, she was helpful yhe rest is history….happy with the outcome.
Negative reviews
Asked for payout letter, paid the exact amount on the same day. Months later told me I owe them money. Spoke to supervisor and said they will remove the accrued interest, still 3 months later they are charging me and then accused me of lying about it when I had proof of my payment being made on the exact date of the payout and then accused me of… Read more
lying that the supervisor said they will remove the accrued interest on my account and will close the account.. Now STILL waiting for complaints department to “resolve” it. WORST COMPANY EVER!!!!!!! I do not owe anything but yet still reckon I do……
Your phone service is worse than Centrelink and that saying something call you as soon as your open and your already operators are busy. Press to wait in the cue for a call back and I get put on hold for another 15 mins only to get press to get a call back again. Seriously
I have been getting loans through this company for over 15 years! But the last few years the rates are high and they keep putting them up when I called to get a pay out figure they put my interest rate down by 4% only to increase it every two months! Have had enough have switched my loan over to Zip match easier to deal with and a lot lower rates.
Recent reviews
I would highly recommend Latitude for a personal loan, especially in an emergency situation. Whenever I need financial assistance urgently, Latitude would be my first choice. Their quick response and prompt action make the process much easier and less stressful. I really appreciate their efficient service and am happy to be a Latitude customer. Thank you, Latitude, for your support and excellent service.
This review is about my latest experience for a loan top-up. I'll be honest and say that I'm not a huge fan of Latitude, but at the time of an original application, they were the only company that would give me the amount I needed. But we've a seen the negative news regarding their sales techniques - especially in conjunction with Harvey Norman. … Read more
But for this application, I did not have to interact with a single person. It was done all online, approved the next day, and after documents were signed, the funds were in my account the next day. Incredibly easy and super fast.
In saying that, some time ago I was going to refinance the outstanding loan with another company, and advised Latitude of this. They negotiated a 2% reduction in my loan rate. And then just 2 months later, advised me that my loan interest rate was being increased - by almost 2%. That's shady.
Which is why I'd prefer not to deal with them. I also worry about the times I HAVE dealt with Customer Service agents who are obviously in an overseas call centre. What protections are in place so that they cannot take screenshots of personal financial information to be sold on the dark web? There have been companies caught out with this, and although the application process seems very secure, I have to wonder. Especially based on the above behaviour where my negotiated discount rate got increased again just a short time later.
But - once again - based on my LAST experience, I did not have to deal with a single person, and that's the way I like it.
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Very easy and smooth process especially with Manisha who in one phone call explained the process clearly and set the expectations. Also, the follow up was great and the funds were available in less than 36 hours. So, thank you as usual. My most reliable financial source.
The online process to top up my existing loan was easy and quick. The portal was easy to use and navigate. Customer Service when I was called to discuss my requirements was great.
I absolutely love Latitude! They make the loan process so easy and if you are a reliable customer, the process is even easier. They are my number one company for a personal loan.
Blow my mind service. Latitude Finance has always come through for me. Most recent experience related to my personal loan application. Applied on Saturday, approved Monday morning, electronic loan docs received and returned mid afternoon. Loan funded Monday night. That's what I call efficiency and service! Have passed my glowing review to all my work colleagues.
Latitude are very helpful and professional to deal with. The process is easy, simple and quick. The loan was processed within 24 hours and the money in my bank account the next day. Thank you to the team at Latitude.
Really simple and logical application process. The loan was actioned really swiftly and the payment plan was clearly explained and detailed for me. All steps were simple to follow and reasonable- an excellent experience overall
So easy. Third loan and nothing has ever been an issue. Very quick response and turnaround time.
An amazing customer service, in no time again I was approved as a good paying customer over the last years.. thank you so much for your wonderful service
Quick to approve and explained everything clearly and concisely.very good
Find out how Latitude Personal Loans compares to other Personal Loans
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Was very quick to get my loan I had applied & received the funds the same day. Very easy to deal with highly reccomended.
The staff are very friendly and helpful. The monthly payment reminders are very useful.
Great handling of loan application and very professional agents. Very good outcome
I've found it really easy to deal with Latitude for my credit card and loan applications. Thank you guys.
It was a wonderful experience. Deepthi was very patient and helpful.
Fantastic service, friendly staff and competitive rates. Its been a pleasure. Thankyou
Easy to apply and stress free all through Lady I spoke to was friendly and understanding Easy to get in touch with
Pretty easy from start to finish with the application and the money arrived within 48 hours of signing.
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