Easy small loans from $500 to $5,000
Small loans from $500 to $5,000 for the everyday costs that pop up. Apply in about 2 minutes and get a decision usually the same day, with the correct paperwork, subject to responsible lending checks.
Small loans from $500 to $5,000
Apply online in about 2 minutes
100% Kiwi owned, helping Kiwis since 1993
Small loans have a fixed interest rate of 29.95% p.a. for the life of the loan. Need $500 or less? See our interest-free Quick Fix loans. Lending criteria, fees and responsible lending checks apply.
When a small loan makes sense
Sometimes you just need a bit of help to get through. The car needs new tyres. A power bill lands at a bad time. You need a bond for a new flat.
A small loan from MoneyShop covers costs like these. We keep our easy personal loans simple to apply for: the online application takes about 2 minutes. You borrow what you need, pay it back weekly, and know exactly what you’ll pay from day one.
Borrowing $500 or less? Our Quick Fix loans have no interest and run over 12 weeks.
Example: $1,500 over 52 weeks at 29.95% p.a. fixed.
How it works
Lending criteria, fees and responsible lending checks apply.
Apply online
It takes about 2 minutes. You can also apply by phone or in a branch.
We check affordability
We look at your income and expenses to make sure the loan works for you.
Get a decision and your money
Most applications are processed the same day, once we have everything we need, subject to responsible lending checks. Once you sign, the funds go straight to your bank account.
Small loans: what to know
How much you can borrow, what it costs, who can apply and what to have ready.
Small loans and Quick Fix loans
Our small loans are for $500 to $5,000, with a fixed interest rate of 29.95% p.a. for the life of the loan and weekly repayments.
Need $500 or less? A Quick Fix loan has no interest and runs over 12 weekly repayments, with the $65 setup fee, a $6.90 Centrix credit check and the 24c daily admin fee included. At exactly $500 you can choose either. See our Quick Fix loans.
How much can I borrow?
Amount: $500 to $5,000
Term: 12 weeks up to 3 years
Interest rate: 29.95% p.a., fixed for the life of the loan
Setup fee: $160 for $500 to $800, $300 for $800 to $5,000
Repayments: weeklyNeed more than $5,000? We lend up to $20,000 when the loan is secured against a vehicle or property.
What it could cost you
Borrow $1,500 over 52 weeks
Weekly repayment: $46.43 (final payment $45.91)
Total you repay: $2,413.84This includes interest, the $300 establishment fee, the $109 Repayment Waiver and the daily administration charge.
This is an example only. Your repayments are confirmed when you apply. Use our repayment calculator to try your own numbers.
Who can apply
You’re 18 or over.
You can comfortably afford the repayments.
You’re working or receiving a benefit. We lend to all Kiwis and don’t discriminate.What to have ready
Having these ready makes the process faster:
Two forms of ID, one with a photo. We accept a Kiwi Access Card, driver licence, birth certificate or passport.
Your bank transactions. Access to internet banking, or 3 months of transaction history showing your income and expenses.
Proof of income. Your three most recent payslips from your current workplace, or other proof of income.
Proof of address. A tenancy agreement or similar.
Missing a document? Don’t worry. Get in touch and we’ll see what we can do.
When we process loans
You can apply online any time, 24/7. Our team processes loans during these hours:
Monday to Friday: 8:30am to 5:00pm
Saturday: 8:00am to 1:00pmApply outside these hours and we’ll process your loan the next business day, though we’ll try to get in touch as soon as we can. Prefer to apply in person? Check the hours at your nearest branch.
What people use small loans for
Car repairs and WOFs (car loans)
Unexpected bills (emergency loans)
Moving costs and bond
A break away (holiday loans)
Pulling smaller debts into one payment (debt consolidation)
Why MoneyShop
Kiwi owned since 1993. We’ve been helping New Zealanders for over 30 years.
Clear costs from the start. One fixed rate, 29.95% p.a. for the whole loan, so your repayments don’t change.
Pay it off early if you want. Early repayment is allowed, with a small admin fee.
Real people. Call us or visit a branch in Otahuhu, Manukau or Henderson.
The friendly face of finance
Our clients love us!
Small loans FAQ
Are easy loans approved without checks?
No. Every lender in New Zealand must check that you can afford a loan before lending. We make the application easy, and we keep the checks quick, but we always do them.
How fast can I get the money?
Most applications received during our processing hours (Monday to Friday 8:30am to 5:00pm, Saturday 8:00am to 1:00pm) are processed the same day, with the correct paperwork and subject to responsible lending checks. Once you’re approved and have signed, the money can be in your account within hours.
What's the smallest amount I can borrow?
Our small loans start at $500. If you need $200 to $500, our Quick Fix loans have no interest and run over 12 weeks.
What if I only need a few hundred dollars?
A Quick Fix loan could suit you. It’s for $200 to $500, with no interest and 12 weekly repayments, and the $65 setup fee, a $6.90 Centrix credit check and the 24c daily admin fee are included in your repayments. At exactly $500 you can choose a Quick Fix loan or a small loan over a longer term.
Can I borrow more than $5,000?
Yes. We lend up to $20,000 when the loan is secured against a vehicle or property with no money owing on it.
What does a small loan cost?
Our small loans have a fixed interest rate of 29.95% p.a., a setup fee based on the amount you borrow ($160 for $500 to $800, $300 for $800 to $5,000) and a daily admin fee of 55c. Third-party costs, such as a credit check, are passed on at cost, and the Repayment Waiver is optional. All fees are shown in your loan contract before you sign.
Can I pay my loan off early?
Yes. There’s an early repayment admin fee of $50, plus any third-party costs to release security.
Do you lend to beneficiaries?
Yes. We lend to all Kiwis, including people receiving a benefit, as long as the loan is affordable.
Any more questions?
Contact UsOur friendly team are here to help throughout the lending process. Call us on 0800 66 66 39 or get in touch online.
Ready when you are
Looking for a small loan?
Prefer to talk? Call 0800 66 66 39.
Our costs and terms
Clear, upfront pricing with no hidden fees.
Loan amount
$200–$20,000
Loan terms
12 weeks–3 years
Interest-bearing loans
29.95% p.a.
Repayments
Weekly
Interest rate
The interest rate is 29.95% p.a. for secured, refinanced and new unsecured loans, including $500 loans on a longer term. Your rate is fixed for the whole contract, so there are no surprises.
Quick Fix loans ($200 to $500 over 12 weeks) have no interest.
Interest is calculated daily on the unpaid balance (annual rate ÷ 365) and charged when instalments fall due.
Default interest rate
MoneyShop doesn't charge default interest. If your account falls behind, a $1 daily arrears fee may apply until things are back on track. Reversed payments incur a $5 fee, and missed-payment contact may involve a letter fee (up to $50), a $5 phone fee, or an $80 + GST home-visit fee. Any third-party recovery costs are passed on at cost.
Establishment fees
One-time setup fee based on loan size:
| Fee | Cost |
|---|---|
| Quick Fix loan, $200 to $500 over 12 weeks | $65.00 |
| $500 to $800 (interest-bearing) | $160.00 |
| $800 to $5,000 for three years or less | $300.00 |
| $5,000 to $15,000 for three years or less | $310.00 |
| Over $15,000 for three years or less | $455.00 |
Some loan setup costs come from third parties, such as credit checks, PPSR searches and security-registration fees, and these are passed on at cost. Your account also has a daily administration charge of 55c while it's open, or 24c on Quick Fix loans. We send statements every six months, and extra statements are free by email or $5 if printed. If you repay your loan early, an administration fee of $50 (averaged) may apply, along with any third-party deregistration costs. There's no early repayment fee on Quick Fix loans.
Repayment example
Borrowing $1,500 over 52 weeks
- Weekly repayment: $46.43
- Total repayments: $2,413.84 (final payment $45.91)
- Includes: Interest, $300 establishment fee, $109 Repayment Waiver, $0.55/day admin fee
- Does not include: Any optional or default-related fees
This example assumes a fixed interest rate of 29.95% p.a., no missed payments, and no early repayment. Actual costs may vary depending on your loan amount, term, and repayment history.
Want to calculate repayments with our personal loan calculator?
Loan CalculatorLearn more about loan costs, interest rates, and fees on our Cost of Borrowing page.