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loans.com.au
3.5 from 1,029 reviews · View Statistics

Reviews

3.6

8 reviews
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Bad Experience: Incompetent & Fake Loan Specialist

published

I have discussed my credit history and the loan details with their so call loan specialist because I don't want any credit enquiry if any issue, she said everything is good to go. I have applied but declined, when I have asked for reason for decline, they are saying as per guidelines it is declined but not sharing any reason. My credit report is being ruin because of their incompetence. They charged for property valuation $220 that no other lender i.e NAB, CBA, ANZ etc is charging. They said will refund $220 but after one week, but why?

Transparency
Customer Service
Application Process
Incentivised ReviewNo
Loan TypeVariable Rate
Loan used forHome Construction
3 comments
loans.com.au
Hayley G.loans.com.au
Ali
Ali

I have sent my details to your customer relations email as you suggested but no one even replied to my email as I knew. Also I can see you guys added many 5 star fake reviews since 3-4 original bad reviews. Disgusting!!!!!

loans.com.au
Hayley G.loans.com.au
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Dane

DaneNorth Queensland, QLD

  • 4 reviews

Simple non contact application

published

After having some issues with the big 4 banks (post Royal Commission) I went searching for someone who wanted to deal with us. Loans.com.au was a simple online process from start to finish. 14 days from start to settlement (we waited months for Suncorp only to be knocked back). Communication was good and obviously their staff know their product.
Will be looking to change over our investment property very shortly.

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Incentivised ReviewNo
Loan TypeVariable Rate
Loan used forHome Construction
1 comment
loans.com.au
Hayley G.loans.com.au

Hi Dane, thanks so much for taking the time to leave this wonderful review. We appreciate it!

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Dan

DanSouth East Queensland, QLD

  • 4 reviews
  • 1 like

Maternity Leave discrimination

published

Rang these people up to inquire on a home loan and they will not lend to people on Maternity leave if more than 12 months regardless of if this is paid or not, further to this they will only accept half of the amount that is being paid as income.
This is discriminatory NOT responsible lending as they should accept what is on the payslip not part of it and not for a limited time.

Incentivised ReviewNo
Loan used forHome Construction
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Eddy P.

Eddy P.Perth, WA

Great service and would definitely use them again!

published

We've had our first loan with loans.com.au and so we decided to stay with them for our next home. We've been searching for our new home for the last three years and over the years our lending manager Sharon had been very patient and professional in assisting us. We've had an issue with the valuation of our property because not all the quotes were provided to the valuer which delayed the assessment process but Sharon stepped in and resolved the issue very quickly. We were getting close to the settlement date and the rest of the loans.com.au team were able to escalated our application and get us over the line. Overall, a very positive experience and would definite go with them again.

Transparency
Customer Service
Application Process
Timeliness
Loan TypeFixed Rate
Loan Start DateAugust 2019
Loan used forHome Construction
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The reviewer stated that an incentive was offered for this review

Susan

SusanPerth, WA

  • 2 reviews

Prompt customer service

published

Excellent customer service, great communication especially with on track. I was impressed with how fast and simple the process was. Great interest rates and i am already recommending you to friends and colleagues.

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan Start DateJune 2019
Loan used forHome Construction
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The reviewer stated that an incentive was offered for this review

Great team

published

From start to finish the team I dealt with were amazing. Friendly, polite and professional. Our next loan we won’t have to shop around, we know where to go straight away.

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan Start DateJune 2019
Loan used forHome Construction
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The reviewer stated that an incentive was offered for this review

Happy borrower

Happy borrowerGreater Melbourne (Outer), VIC

  • 2 reviews

Bye Bye Big Banks

published

The whole team were really helpful at all times. Response times were very good too.
I found the online process very easy to work with, even for a business owner, so bye bye big banks.

Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan used forHome Construction
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The reviewer stated that an incentive was offered for this review

BrettSh

BrettShGreater Melbourne (Outer), VIC

  • 6 reviews
  • 10 likes

Rate For Existing Customer 0.6% Higher Than Advertised For New Loans

published
Transparency
Customer Service
Application Process
Timeliness
Incentivised ReviewNo
Loan Start DateSeptember 2015
Loan used forHome Construction
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Questions & Answers

Anna

Annaasked

loans.com.au

Hi, I currently have a home loan with a credit union in Sth Australia. I have approx $190,000 still owing (with $70,000 in a re-draw account). Without the re-draw, the amount owing would be $260,000. My current interest rate is 2.99%. I saw your advertised rate of 1.99% and wondered if I could re-finance my Home Loan with your company instead? There are no exit fees with my current loan. What would the set up fees be to do this please? Thanks, Anna

1 answer
Brian
Brian

Go on web site no set up fees UBank is offering a better rate of fixed 1.75%

fahqteam

fahqteamasked

loans.com.au

When will we find out about rate cuts? I must add I’ll be very disappointed if it isn’t passed on and passed on in full.

No answers
Kaiti

Kaitiasked

loans.com.au

Has anybody gotten a fixed interest rate car loan with loans.com.au and their interest rate got suddenly changed during the fixed term loan period ? Are there any hidden fees or suprises on the way because I am on the stage of signing with them but the loan contract seems vague and subject to "changes". Anybody has an experience they want to share?

No answers
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