ANZ CAR LOAN REVIEW
ANZ Car Loan - Car Loan
(Which Way To Pay - 20/12/2010)
ANZ Car loans can offer a lower than average interest rate because you can can use your car as security. The application process should not take any more than twenty minutes and they aim to approve your loan as quickly as possible. ANZ offer loan terms from one to five years, and your choice of repayment frequency options (fortnightly or monthly).
 
However, there is a loan establishment fee of $250 and a loan administration fee of $5 per month. There is also a late payment fee of $20. An advantage of this company is that it is gives you the option to repay the loan either fortnightly or monthly, so you can set up your loan to suit your budget and pay cycle.
 
The restrictions which apply to ANZ car loans are as follows. The car must be less than seven years old, the amount being financed must be over $7,500, and all applications are subject to ANZ Car Loans' normal credit approval criteria.
ANZ Car Loan is ranked 3 out of 5. Based on 1 review.

3 Star Rating
    
REVIEW RATINGS EXPLAINED
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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