I would highly recommend them to family and friends or anyone who is looking for a very good loan company.
Michael, AucklandRead more reviews
If you’ve got good credit, we’re pretty certain you won’t find better rates elsewhere. With rates starting at just 7.95% p.a. we'll help you get the most out of life. Check out our product table below to see how our rates stack up.
Choose your loan term and a payment frequency that works for you. Plus we won’t sting you for paying your loan back in full whenever you like.
Our fees are easy to understand and very competitive. You can even repay your loan in part or in full any time at no extra cost.
Not sure which loan type is right for you? Take a look at the different options below and how they stack up.
|Personal Loan||Debt Consolidation Loan||Vehicle Loan||Homeowner's Loan|
|What's this loan for?||Use this loan for things like wedding expenses, education expenses or a holiday.||Yup, you guessed it, this one's for consolidating your debts.||For cars, bikes, floats, Tiny Houses...basically anything on wheels.||Personal loan for home owners looking to do a home renovation or grab something exciting for the house.|
|Max loan amount*||$20,000||$50,000||$70,000||$70,000|
|Loan term||Up to 3 years||Up to 5 years||Up to 7 years||Up to 7 years|
|Interest rate||From 8.95% p.a.||From 8.95% p.a.||From 8.95% p.a.||From 7.95% p.a.|
|Security||Unsecured||For amounts over $20,000||Vehicle||Owner-occupied house for amounts over $20,000|
|Interest only||No||No||No||First year|
*Affordability and credit criteria apply. The maximum borrower amount reduces based on borrower risk grade.
Your whole application is done online in a matter of minutes, so you can do it anywhere, anytime. Just make sure you have your NZ drivers licence or NZ passport handy.
Frequently asked questions. Just in case. We thought we’d pre-empt a few questions that you might have. If you can't find what you're looking for, give us a bell on 0800 21 22 33.
We’re not the right lender for everyone. Our focus is on high quality creditworthy borrowers earning an income of at least $25,000 per year (you also can’t be earning the majority of your income from Government benefits). If you’re not good with money and have poor account conduct or a poor credit file, then we are unlikely to lend to you. Check out our Borrower profile page for more info.
Yes. You can repay your loan as quickly as you like and at no additional cost.
We've got 4 different loan types with varying limits from $20,000 to $70,000. Our loans start at just $1,000. To find out which loan type is right for you, check out our loan comparison table above.
Our fees range from $0 to $500 depending what kind of loan you're after. For a full list of our fees check out our fees page.
There are no fat cats getting a cut here: your money is actually coming from other kiwis like your mate's uncle who lives down the road, through the concept of peer-to-peer lending. Think of it like Tinder for money; we match up people who want to invest their extra cash into our platform with customers who are keen to borrow. We just facilitate it, and the principal plus majority of your interest goes back to them. Win win! The rest of your interest (around 2%) goes into a Reserve Fund and another 2% into our platform to help keep it running. We're all about transparency here.
This depends on what type of loan you decide to go for but the minimum loan term is 1 year and the longest is 7 years. Once you have a loan you can pay it back as quickly as you like at no additional cost.
If you miss a payment we’ll follow up with you to find out what’s up and give you 5 days grace to get the account back in order. Should your account remain out of limit after this period you will be charged a default fee per month and begin accruing default interest on your loan account above your normal interest rate. The default fee will vary according to your loan type, for more details check out our fees page.
See for yourself what our clients think with over 500, 5 star reviews on Shopper Approved
Absolutely great experience with these guys Easy application, all online and money was in my bank the next day. Definately recommend and would use again
everything has been handling really well and fast. The team is extremely professional and helpful. I would like to say special thank you to maggie, she was really nice and sensible in dealing with our requests.
- Shanchun C
A first class and very fast service, I would highly recommend them to family and friends or anyone who is looking for a very good loan company
Great customer service. Highly active responses and clear process. Well structured.
- Uday B