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Loansmart News &
Industry Updates

Keep up with what matters. Our Loansmart News & Industry Updates section covers the latest market trends and financial updates that could affect your borrowing decisions. We break down what’s happening and what it means for you — no jargon, just the need-to-know stuff. Stay informed, borrow smarter.

Kiwi searching online for financial help — Loansmart offers support with quick, tailored loan solutions during tough times.

Mortgage Arrears Hit 8-Year High as Kiwis Seek Faster, Smarter Financial Solutions

New industry data reveals New Zealand mortgage arrears have climbed to an eight-year high, reaching 1.58% in March...
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Kiwis doing it tough—loan repayments still a struggle even after the OCR dropped to 3.5%.

OCR Drops Not Enough To Give Borrowers Relief – Arrears On The Rise

Kiwis’ wallets are under pressure right now...
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Financial Hardship Cases Remain High

New data highlights the ongoing financial struggles faced by many Kiwis amid a challenging economic climate...
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491,000 Kiwis Behind on Credit Repayments – What This Means for You 

More than 491,000 New Zealanders are struggling to keep up with their credit repayments...
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More Kiwis facing financial hardship as loan arrears increase

The number of New Zealanders reporting financial hardship has increased 19% over the past year according to the latest report by Centrix...
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an empty wallet with no money left

Urgent Loans for Bad Credit NZ

If you’re searching for “urgent bad credit loans”, there’s a good chance you’re in this situation...
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the best car loans

More kiwis falling behind on car loan repayments

People with car loans are finding it harder to make their loan payments on time, according to latest data from credit reporting agency Centrix...
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It’s About To Get Easier To Borrow Money 

It’s about to get easier to borrow money. Great news, right? Well, that depends on who your lender is...
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Increased unsecured loan limit great news for borrowers

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...
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480,000 Kiwis fall behind on credit payments

Credit arrears are the highest they’ve been in seven years as stubbornly high-interest rates and the ongoing cost of living crisis bite harder...
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Cost of Living Loans: Borrowing To Cover Living Expenses

The cost of living seems to keep going up, with no end in sight. Whether it's the cost of housing, groceries, fuel, or other daily ...
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Lending Arrears Overview – July

Real-life stories of how loansmart helped people with bad credit. At Loansmart, we know that life can throw curveballs that affect your credit...
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Loansmart Launches Guides To Making Smarter Financial Decisions

With the cost of living continuing to increase for many New Zealanders, making smart financial decisions is as important as it’s ever been...
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Loansmart Becomes First Loan Broker to Join Financial Services Federation

Loansmart is proud to announce that it has become the first loan broker to join the Financial Services Federation (FSF)...
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430,000 Kiwi’s Are Behind On Credit Repayments

That’s a lot of people who have fallen behind on their personal loan, car, credit card or mortgage repayments...
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11.9% of New Zealanders are reported to be behind on credit repayments

With major economic events pushing the cost of living higher and recent weather disasters causing disruption to many lives...
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In New Zealand, personal loans are in high demand

The New Zealand personal loan market is facing a surge in demand. In August, Centrix reported a 10-month high in personal loan borrowing, with more ...
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NZ loans are becoming harder to obtain these days

The NZ loan market is about to undergo another significant shakeup, that will impose restrictions on how lenders advertise from December 2021.
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New Advertising Requirements Shake Up NZ’s Loan Market

The NZ loan market is about to undergo another significant shakeup, that will impose restrictions on how lenders advertise from December 2021.
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