It is also not a fit if you do not have a consistent source of income that more than covers your monthly payment.
Get your salary paid into the account to establish a transaction history. This won’t guarantee approval on your application but, it will help us understand your financial position better. Set up a regular savings plan Show you can afford to service a loan by saving a set amount regularly (every week or month).
Check how much you can borrow Use our Borrowing Calculator to get an idea of how much you may be able to borrow. Build a good account history with us · Got a NAB account? Open a transaction account and pay your salary into it to start your transaction history.
Enter the credit cards, auto loans and other installment loans balances by clicking on the "Enter Data" button for each category.
Then change the consolidated loan amount, term or rate to create a debt consolidation loan that will work within the budget.
Same day funds will be unavailable if your loan purpose is to refinance non –Nab debts or if NAB requires your application to be reviewed by a lending specialist.
Before you apply, we encourage you to carefully consider whether consolidating your existing debt is the right choice for you.For more information, check out: Comparison rate calculated on unsecured loan amount of ,000 over a term of 5 years based on monthly repayments.WARNING: This comparison rate applies only to the example or examples given.Different amounts and terms will result in different comparison rates.Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Complete applications (including all supporting documentation) must be submitted in store by 2pm Monday – Friday.Click the "View Report" button for detailed results.