They have been great & I've honestly never had a problem with Westpac. I have been with Westpac for nearly 15 years & I have used them for my day to day banking, personal loans, credit card, my personal savings, online & mobile banking.They have been great & I've honestly never had a problem with Westpac.However, it looks to us like Fox Symes is now operating ethically and gives customers who are struggling with their debts a range of options including Part IX debt agreements as well as the ability to refinance their debts into a home loan.
We’ll take you through the application and approval process to make sure you are comfortable with what happens next.
We could provide you with conditional approval and will organise a valuation on your home if required so you know how much your home is worth and get an estimation of how much you could borrow.
If you meet certain criteria, you may be eligible for the Westpac Choice Full-Time Tertiary Students or Westpac Choice - Under-21s packages, which would entitle you to an interest rate discount.
While not specifically designed as a car loan product, you are allowed to apply for a Westpac Unsecured Personal Loan and use the funds to buy a car.
The secured Westpac car loan has a set of specific criteria for car purchases with a competitive interest rate, while the broader unsecured personal loan option has a higher interest rate, but can be used for a number of reasons.
This loan product is for those who are looking to purchase a car and will use the vehicle as security against the loan.
The setup fees were also low, and it's a great option to have a line of credit available for emergencies or unexpected expenses.
I have been with Westpac for nearly 15 years & I have used them for my day to day banking, personal loans, credit card, my personal savings, online & mobile banking.
There were also many complaints or reports from customers about not being given other options aside from entering into a debt agreement or declaring bankruptcy.
Potentially, many people who entered into these agreements would have had better options that didn’t damage their credit history.
Fox Symes was originally a company that specialised in debt solutions such as debt agreements, personal insolvency and debt negotiations as well as being a mortgage broker themselves.