Stay tuned with the latest news, offers and tips from our passionate team of Personal Loan Consultants. Want to know something we haven’t already written about? Let us know and we’ll blog about it!
Fresh numbers from the May 2025 Centrix Credit Indicator reveal that while some early signs of improvement are emerging in the economy, many Kiwis are still struggling to keep up with their debts — particularly long-term loans…
New industry data reveals New Zealand mortgage arrears have climbed to an eight-year high, reaching 1.58% in March…
Kiwis’ wallets are under pressure right now…
New data highlights the ongoing financial struggles faced by many Kiwis amid a challenging economic climate…
More than 491,000 New Zealanders are struggling to keep up with their credit repayments…
The number of New Zealanders reporting financial hardship has increased 19% over the past year according to the latest report by Centrix…
If you’re searching for “urgent bad credit loans”, there’s a good chance you’re in this situation…
People with car loans are finding it harder to make their loan payments on time, according to latest data from credit reporting agency Centrix…
It’s about to get easier to borrow money. Great news, right? Well, that depends on who your lender is…
As the increasing cost of living continues to hit Kiwis in the pocket, Loansmart is making it easier by increasing the amount customers can borrow…
*Annual Interest Rates (AIR) range from 9.95% p.a. to 35.50% p.a. with loan terms of 6 months to 84 months. Fees apply.
Example: A loan of $10,000 over 60 months at 12.95% has a Lender Establishment Fee of $215, a Loansmart fee of $745 and a weekly payments of $57.33. The total amount payable is $14,906.36. This equates to an Annual Percentage Rate (APR) of 17.12%
Loansmart Limited is an Associate Member of the Financial Services Federation, we support and promote responsible behaviour when providing financial services to New Zealanders. Here are links to the Responsible Lending Guidelines and The Code of Responsible Borrowing.
1. Loansmart Limited (FSP #7461, trading as Loansmart) holds a Full Class 2 Financial Advice Provider Licence issued by the Financial Markets Authority to provide financial advice, and is a member of Financial Services Complaints Ltd, our FSCL Number is 617.
2. It is free to complete an application with Loansmart. A fee to use our service is only applicable when you enter into a loan arranged by us.
3. *Rates of 9.95% are subject to lending criteria and eligibility. 1-hour approval and same-day payout subject to the applicant meeting our lending criteria and supplying all the information we need to process their application. We do not offer “short-term” loans, the terms offered by our providers range from 6 months to 84 months.
4. Annual Percentage Rate (APR): Also known as the ‘comparison rate’, the APR is calculated by adding together the AIR plus any additional fees that may apply (like establishment fees charged by providers). New Zealand law does not require APR disclosure, but doing so can better highlight borrowing costs.
