Personal Loans NZ

Unsecured personal loans are available up to $5,000. You don’t need to offer anything as security.

Secured personal loans are for amounts from $5,000 to $20,000. We lend against cars and property. There must be no money owing on your security. If a balance remains, we can sometimes pay it out and build the cost into your loan.

Not sure which one suits you? Our team can talk it through with you. See small loans, unsecured loans and car loans for more detail.

Our interest rate is 29.95% p.a., fixed for the whole contract. No surprises and no hidden fees.

• Establishment fee: a one-off fee based on the size of your loan, from $65.
• Administration charge: 55c a day while your account is open.
• Repayments: weekly.

Example: borrowing $1,500 over 52 weeks means weekly repayments of $46.43 (final payment $45.91) and total repayments of $2,413.84. This includes interest, the $300 establishment fee, the $109 Repayment Waiver and the daily administration charge. It assumes no missed payments and no early repayment.

You can see every cost on our Cost of Borrowing page.

1. Apply online. It takes a few minutes. You can also apply in branch or call us on 0800 66 66 39.
2. Send us your documents. We’ll tell you what we need to support your application.
3. We check it’s right for you. Every application goes through responsible lending checks, including a credit check, to make sure the loan is affordable.
4. Get your money. If you have everything we need, we usually process loans on the same day.

• You must be at least 18 years old.
• You need to meet our lending criteria and be able to afford the repayments.
• We lend to all Kiwis, including people on a benefit. See beneficiary loans.