# Loansmart > We can arrange same day small cash loans or unsecured loans for up to $75,000* (Or more with a secured loan) > Contact: systems@digitalstream.co.nz ### Posts #### $5K Fast: Jayda’s Story The Need Jayda urgently needed $5,000 for funeral costs, but she didn’t have enough savings to cover this.Funerals can be expensive, with the average one in New Zealand costing between $8,000 and $10,000.Even though Jayda was budgeting at the lower end of this, it was still a lot of money to her, especially considering she had a few other loans already. The Challenge One of the most pressing concerns for Jayda was time. She needed to get hold of the money almost immediately, as the funeral was happening in the coming weekend.This is where some lenders, like banks, come up short, with approval processes often taking several days at best.Online lenders like Loansmart, on the other hand, can get loans approved within hours! For people like Jayda, who need funds urgently, this is a life saver. The Outcome We quickly got Jayda’s approval for the $5,000 loan and made sure she had the money in her account by the weekend.But we didn’t leave it there.Her friendly loan advisor contacted her a few days after the funeral to see if she was interested in consolidating her loans.Debt consolidation is one of the best ways to save money on weekly expenses, as we can structure the new loan so it costs a lot less than the existing loans put together.We got approval for a debt consolidation loan for Jadya, plus an extra top to the loan to cover some additional expenses.Overall, she ended up saving $200 per week on her loan repayments!The best part is that she can pay extra towards the loan if she has extra cash.To find out how Loansmart can save you money on your loan repayments, get in touch with our friendly team today! Get My Loan Today Try our Loan Calculator #### 11.9% of New Zealanders are reported to be behind on credit repayments Don't Wait to Fall Behind: How to Deal with Credit Arrears in Challenging Times With major economic events pushing the cost of living higher and recent weather disasters causing disruption to many lives, it is no surprise that financial stress has become an increasingly common issue. Unfortunately, missing credit payments can have devastating effects on a person’s overall credit rating for years in the future – something everyone should bear in mind during these trying times.The latest Credit Bureau Centrix data paints a concerning picture for New Zealanders, with 11.9% of the population falling behind on repayments in January – an increase from December and the highest number since April 2020. With 430,000 individuals impacted by arrears and 18,400 mortgages overdue at present, it is essential to explore effective solutions that will support those affected financially during these difficult times.Loansmart Managing Director Murray Greig says “If you’re feeling the pressure of mounting debt, it’s important not to wait until you’ve already fallen behind before seeking help. Thankfully there are options available that can help make your payments more manageable. Knowing your options – such as budgeting advice or loan restructuring can bring welcome relief when faced with difficult financial circumstances. Working in tandem with an experienced lender could be game-changing; they may be able to adjust interest rates, fees and repayment terms depending on what is owed and current income levels”.Managing debt successfully often hinges on whether you have a comprehensive understanding of the available options. According to Murray Greig, taking a holistic look at your financial health is critical for making informed decisions.Debt management is no easy feat, but having a plan in place can make all the difference in keeping up with payments during challenging times like this. If you’re under pressure, don’t wait until you fall behind before seeking help – there are plenty of resources out there that can assist with finding ways to manage debt more effectively. Loansmart provides free Loan Assessments to help you see how much you could save on repayments. Get a Free Assessment #### 24/7 Loans Open 24 Hours, 7 Days A Week Flights for that well-deserved holiday on special? Need to get your debts consolidated urgently? Decided to plan a home makeover at 2am? Got bills that need to be paid urgently? No worries!  We are open 24 hours a day, seven days a week; so whatever you need and no matter the time of day – we can help! Apply for a 24 hour loan anytime of the day or night with our easy online application process. It only takes a couple of minutes and funds could be in your account within 24 hours.  Why Loansmart For 24/7 Loans Online?  We’ve been helping Kiwi’s with their borrowing needs since 2008. Our customers love what we do and we love helping them. Over 25% of our lending is to existing customers. Allow our experienced loan consultants to provide you with a VIP lending experience. Still not convinced? Maybe our 150+ 5-star reviews will do the trick! Our finance products have fixed interest rates and no hidden fees to ensure you have peace of mind throughout the repayment period. Better still, we are a low cost lender. To meet the criteria of a low cost lender, you mustn’t charge more than an interest rate of 50%, but we are MUCH lower than that and never charge more than 29.99%.  Rates start from just 9.95%* Same day payout and approval process* Easy, 100% online application  Friendly, helpful staff More options tailored to you A typical loan is for $10,000 with weekly repayments of $52 over 60 months (five years).  An example of a typical loan with us is as follows: Loan Amount: $10,000 Loan Period:  60 Months   Interest Rate:  9.95%  Fees: $495  Total repayment amount:  $13,254.00  Monthly repayments: $220.90 over 60 months.  This equates to an Annual Percentage Rate (APR) of 12.05% APPLY NOW Yes, We Provide Low Cost Lending on Bad Credit Loans Our lending criteria isn’t as harsh as the banks and we offer more personal loan options for more chances of success. Bad Credit? Pre-existing debts? We can help! Loansmart offers Bad Credit and Debt Consolidation Loans to help you get back on track. Even if you have poor credit, it’s still possible to get a low cost loan with us. We provide Smarter Loans >>> Faster, hence our name! What Are Your 24/7 Loan Terms?  The minimum term is 6 months with 5 years being the maximum for unsecured loans, and 10 years for secured loans. The exact term will depend on your personal financial situation. Because we want to ensure you are set up for repayment success, we’ll ensure your loan is structured so that it’s affordable. Most borrowing doesn’t require security, but larger loans over $50,000 will. We do need to look at your credit history, but even if it’s poor, we can still find low cost lending solutions for most.  Improve Your Credit Score Let us know when you are paid, so we can take your repayments out at the same time. That way you have the peace-of-mind of knowing your loan repayments are being made on time. Keeping up with your payments is an easy way to improve your credit score. Good credit scores can make borrowing easier and help you secure a lower interest rate.  Try our online Personal Loan Calculator for an estimate of how much you can borrow and how much your repayments will be.  How Do I Apply For A 24 Hour Loan Online? Online of course! Our online process consists of seven simple steps, and we take care of mostly everything for you. Want to learn more about what’s involved in applying for finance? Check out our Loan Process. We make it as stress free as possible.  Don’t let financial pressure prevent you from getting a good night’s sleep!  We receive applications at all times of the day and night. Unfortunately it’s often when you’re trying to sleep that money, or a lack of it, plays on your mind. It is human nature to worry at night, when you’re not distracted by tasks and other people – but you don’t need to stress. Apply online and let us find you a solution. If you apply at night, you’ll hear from one of our helpful lending consultants tomorrow morning. We can find affordable, low cost lending solutions for most situations. Loansmart Provides Online Loans For Anything! Personal Loans  Debt Consolidation Loans Car Repair Loans Bad Credit Holidays Honeymoon or Weddings Emergency Loans – Medical bills, dental bills & vet bills Home Improvements  Rental Bond Loans & moving expenses Funeral Loans  Apply for a quick cash loan today or tonight! Our online application process takes less than 3 minutes with online approval in 1-2 hours during business hours.  APPLY NOW Need help? Our friendly team of consultants are available to talk you through the approval process at 0800 255 155. #### 3 Smart Reasons to Choose Loansmart Are you on the lookout for a trustworthy lender? Want more choices? How about some advice on your options? Look no further! With LoanSmart, you don’t just get a loan; you get options and advice to help you make the right choice.Loansmart is both licensed to provide financial advice and members of the Financial Services Federation. This means you can have confidence that we have processes in place to support your financial wellbeing. Brokerage Services and More Choices As loan brokers, Loansmart provides you with a range of options when borrowing. Our extensive network of lending partners ensures that you have access to multiple loan types and repayment terms. You’ll have greater flexibility when choosing a loan that suits your individual needs, benefiting from Loansmart’s expert guidance along the way. Exceptional Customer Service & Advice Loansmart holds a Financial Advice Provider Licence issued by the Financial Markets Authority and is a member of the Financial Services Federation (FSF). Why does this matter? It means we can offer you more than just a loan.We empower and educate our clients on their loan choices, giving them control and confidence in their decisions. So once we present you with your options, we go one step further and discuss the pros and cons of each. With our team’s help, you can select the best option for your financial situation. We're honest, fair, and reasonable Your financial well-being is of utmost importance to us. At Loansmart, we are proud to adhere to the strict guidelines and principles set out by the FSF Code of Conduct. We believe that our clients should always be treated fairly, accommodating their needs and preferences with the highest level of integrity. Each member of our team follows the code in their daily interactions with our customers.By choosing Loansmart as your preferred finance provider, you can enjoy the benefits of:the highest standards of responsible lending,access to a wide range of lending options, andfinancial advice to help you understand your options.Our clients’ satisfaction lies at the core of our business model. We pride ourselves on offering excellent customer service, ensuring a positive experience from the application process through to loan repayment.If you haven’t experienced the Loansmart difference for yourself yet, give us a go! We’re 100% focused on smarter loans – faster! Get a Free Assessment #### 478,000 Kiwis Behind On Repayments; High Financial Hardship Cases Persist As Kiwis continue to face tough economic times, the latest Centrix Credit Indicator Report for July 2025 reveals something many are already feeling: loan arrears and financial hardship aren’t going away anytime soon. In fact, around 478,000 people are behind on their repayments — that’s 12.36% of all New Zealanders with active credit accounts.The report shows consumer arrears, financial hardship, and late payments are sitting stubbornly high across the board. Personal loan arrears are at 9.3%, and hardship cases are up 7.1% from last year — nearly 14,450 accounts are flagged in financial distress. That’s a lot of pressure on Kiwi households. What’s Going On? The number of people with consumer debt arrears have plateaued: The drop in late payments seen earlier this year has now stalled, but many people are still struggling to meet repayments.Hardship is growing: Most hardship cases are linked to mortgages (45%), credit card debt (29%) and personal loans (18%).Middle-aged Kiwis are most affected: Those aged 35–49 are reporting the highest hardship levels.For those with imperfect credit, that means fewer chances of getting approved — unless you know where to look. Where Loansmart Comes In We’re not a one-size-fits-all lender. Loansmart is built for moments like this. Our whole purpose is to make smart lending fast, fair, and stress-free — especially if your situation isn’t perfect on paper.“The Centrix report confirms what we’re seeing every day — more Kiwis are feeling the pinch,” says Loansmart Managing Director, Murray Greig.“With over 478,000 people behind on payments and hardship cases rising, it’s clear that many are doing it tough. At Loansmart, we’re here to offer real solutions, not judgement. We’re here to help people move forward, not judge the past.”If you’ve got multiple loans or overdue payments, our debt consolidation loans can bundle everything into one easy-to-manage loan.We also offer Second Chance Loans for people with bad credit. Even if the bank said no, there’s a good chance we can still help.“You don’t have to be perfect to get a fair deal,” Murray adds. “We take the time to look at your full situation and find a smarter solution.” What Makes Us Different? We move fast – Apply online in 2 minutes. Get approved in 1–2 hours*.We say yes more often – More options = higher approval chances.We’re smart and fair – Get the best deal from a network of low-cost lenders.We care – No pressure. Just clear advice, tailored to your needs.We’re also proud to be the first loan broker to join the Financial Services Federation, which means we’re committed to responsible lending and doing what’s best for you.If you’re feeling stretched thin, you’re not alone. Now more than ever, it’s important to have the right financial partner in your corner.Loansmart helps everyday Kiwis get fast, fair, and smarter loans — without the hassle.Apply Now!*Subject to responsible lending checks and criteria. Apply Online Now Try our Loan Calculator #### 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.According to the latest figures from credit reporting agency Centrix, 480,000 Kiwi consumers are behind on loan or bill repayments, with the year-on-year increase reaching 9.6%. That’s the highest level of arrears since February 2017.The report also shows its people under 25 years old struggle the most, likely due to their lower incomes and limited savings. However, it shows that 30-40-year-olds are also starting to feel the squeeze.More people are behind on their phone and internet bills, with telco/communications arrears reaching a new high of 11.7%. There’s also an increase in people not paying their personal loans and Buy Now Pay Later accounts, with arrears on those climbing to 9.9% and 9% respectively. Loansmart Managing Director Murray Greig says these figures show the cost of living crisis continues to affect people nationwide.“When the prices of everyday goods and services go up as much as they have, some people don’t have enough money to cover living expenses as well as loan payments.“However, what they have to keep in mind is that falling behind on their loan payments affects their credit score, which could impact their ability to get credit in the future. It might be hard to make those payments when things are tough, but failure to do so could make the situation much worse in the long run.”Murray says people who are behind on repayments should act sooner rather than later to find a solution. “For those who are struggling, debt consolidation can help lower loan payments”.“With interest rates set to remain high, and the unemployment rate projected to increase this year, it doesn’t look like there’s any relief on the way for consumers. So, don’t wait for things to get easier – seek help to get on top of this now before it gets worse.” Practical solutions if you’re swimming in debt Loan Assessments If you’ve fallen behind on debt payments, your financial situation may seem overwhelming. However, there is hope on the horizon – there are things you can do to reduce your debt payments and make your daily life a little easier to manage.The first step is to get a free loan assessment through Loansmart. This is where we take an in-depth look at your finances and all of your loan repayments. This includes a breakdown of where you’re spending your money, and how much things like personal loans, car payments, credit cards and By Now Pay Later services are costing you.After we’ve got that information, we can provide you with some advice about how you can reduce your debt to make the payments more manageable. Get a free loan assessment Debt Consolidation Loan One solution Loansmart provides to many of our customers is a debt consolidation loan. This is where take all your existing debts and then issue you a new loan at a lower interest rate than what you were paying before.This has several benefits. First, making a single loan payment instead of several is much easier to manage. You’ll be less likely to lose track and fall behind on your repayments if you only have to make one. Second, your payments will likely be lower, because the interest rate on our debt consolidation loan will probably be less than the interest rate(s) on your existing loans.What if you have bad credit? The great news is we specialise in helping people who have had credit problems reach financial success. By consolidating your debts and making timely repayments, your credit score will improve and your financial situation will look brighter. Learn more about our debt consolidation loans #### 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.According to the latest Centrix Credit Indicator report, this represents an increase of 21,000 people compared to the previous month. With mortgage arrears hitting an eight-year high and other forms of consumer credit debt on the rise, it’s clear that financial pressure is mounting for many Kiwis.The numbers paint a sobering picture of the current economic situation:23,700 mortgages are now overdue—up 6% year-on-year, and at an 8-year high.Personal loan arrears climbed to 9.7% in January.Buy Now Pay Later (BNPL) arrears rose to 8.6%, and telco arrears hit 10.7%.Financial hardship reports surged by 20% year-on-year, affecting 14,700 accounts.With rising costs of living and ongoing economic uncertainty, this data is a wake-up call for Kiwis to take control of their financial situations.Managing Director of Loansmart, Murray Greig, says if you’re struggling with debt, now is the time to act to regain control. “Avoiding addressing debt concerns can lead to a spiral of late payments, extra charges, and a worsening credit score. “It’s vital to take charge of your finances early. The sooner you act, the easier it is to avoid falling into a debt cycle that becomes harder to escape from.” How Loansmart Can Help If you’re one of the many Kiwis feeling overwhelmed by debt, Loansmart offers a range of smarter solutions to help you get back on track. Free Loan Assessment Swimming in debt but not sure how to get out? Get in touch with our friendly team today to discuss your situation and they can advise you on the best next steps. We offer a free loan assessment where we’ll take a look at your financial circumstances and help you choose a great solution. With our network of low-cost lenders, we provide affordable loan options that set you up for financial success. Contact Us Debt Consolidation Loans Our debt consolidation loans are designed specifically for those juggling multiple repayments, high-interest rates, and mounting financial stress. They can stabilise your financial situation, help you meet commitments, and avoid additional late fees or increased arrears.Debt consolidation combines your outstanding debts—like credit cards, car loans, or BNPL balances—into a single, easy-to-manage loan. This simplifies your budget, reduces fees, and can even lower your overall interest rate. At Loansmart, we’ll tailor a repayment plan to suit your financial situation Apply Now! Benefits of Debt Consolidation with Loansmart Simplified Repayments: One loan, one due date, no juggling multiple accounts. Lower Interest Rates: Save money by consolidating high-interest debts. Reduced Fees: Eliminate monthly admin fees from multiple loans and credit accounts. Stress-Free Applications: Our 100% online process makes applying simple and quick. Take control of your finances today. Loansmart’s friendly experts can assess your situation and help you find a solution—often with same-day approval*. *Subject to responsible lending checks and criteria. Apply Now! Try our Loan Calculator #### 5 Common Money Mistakes and How to Avoid Them Money—it’s something we all use daily, but it doesn’t come with a manual. It’s super easy to slip into bad habits, especially when life gets hectic or unexpected costs pop up. At Loansmart, we see it all the time: Kiwis getting caught out by common money mistakes that end up costing more in the long run.Here’s the good news: most of these slip-ups are totally avoidable. And we’re all about helping you make smarter financial choices. So let’s run through the five most common money mistakes and how to steer clear of them. 1. Not Having a Budget (Or Ignoring It) Yes, budgeting is hard and often it seems like such a chore. But flying blind with your money is a recipe for stress.Why it’s a mistake:If you’re not tracking your income and expenses, it’s very easy to overspend without realising. That’s when the credit card bills pile up and suddenly you’re wondering where all your pay went.How to avoid it:Start by writing down everything you earn and spend in a week. There are free budgeting tools online (like Sorted.org.nz) or you can just use your phone’s notes app. Keep it simple! Once you know where your money is going, you can spot areas to cut back—like daily coffees or unused subscriptions—and put that cash to better use.Loansmart Tip: Creating a budget helps you free up funds for things that actually matter—like smashing your debt or saving for something big. To learn more, check out our blog Simple Budgeting Tricks Kiwis Swear By. 2. Relying Too Much on Credit Cards or Buy Now, Pay Later Credit cards and BNPL services (like Afterpay) seem handy. But they can quickly turn into a trap if you’re not careful.Why it’s a mistake:These services make spending feel painless—but that “small” purchase can turn into a mountain of debt if you’re not paying it off on time. Interest and late fees add up fast, and next thing you know, you’re stuck juggling repayments.How to avoid it:Try the old-school trick of using cash or a debit card for day-to-day spending. If you do use credit, make sure you pay it off before interest kicks in. And always read the fine print on BNPL platforms.Loansmart Tip: Already juggling high-interest debt? A debt consolidation loan could roll it into one manageable repayment, often at a lower rate. 3. Not Saving for Emergencies Life’s full of surprises—like the car breaking down or an unexpected dentist bill. If you don’t have a buffer, you might end up needing a loan or racking up more debt.Why it’s a mistake:Living payday to payday with no safety net means any little hiccup becomes a big financial drama. This is when people turn to predatory short-term lenders or high-interest credit options just to stay afloat.How to avoid it:Start small. Set up an automatic transfer—even just $10 a week—into a separate savings account. That way, the money builds up without you having to think about it. Aim for a goal of $500 to $1000 as a starter emergency fund.Loansmart Tip: We’re all about giving you breathing room, not extra pressure. Setting up a buffer gives you peace of mind and stops panic borrowing. 4. Making Only the Minimum Repayment Minimum payments might seem like an easy way to manage debt, but they can also be the slowest (and most expensive) way to pay things off.Why it’s a mistake:When you only pay the minimum, especially on credit cards, most of your money goes toward interest—not the actual balance. That means it can take years (literally!) to clear what started as a small debt.How to avoid it:Try to pay more than the minimum—even an extra $20 a week can save you heaps in interest. If you get a loan, get one with a fixed term and repayment plan, so you know you’ll have it paid off within a certain length of time. Better yet, if you’ve got multiple debts (credit cards, car loans, hire purchase), consider combining them into one easy repayment.Loansmart Tip:At Loansmart, we specialise in smart debt consolidation. One loan. One repayment. Less stress. 5. Not Comparing Your Loan Options When you’re in a hurry or feeling the pressure, it’s tempting to just go with the first loan offer you get. But that can seriously cost you.Why it’s a mistake:Not all loans are created equal. Interest rates, fees, and repayment terms can vary massively between lenders. Picking the wrong one means you could be paying way more than you need to.How to avoid it:Take the time to shop around—or better yet, let us do it for you. At Loansmart, one quick application gives you access to multiple lenders. We’ll compare rates, terms, and options to find the right loan for your needs.Loansmart Tip: We look at your full situation, not just your credit score. That’s how we help more people get approved faster—with fairer rates too. Be Smart With Money, Not Stressed No one’s perfect with money. We all make the occasional splurge or forget to save. But the key is learning from those moments and setting yourself up to do better next time.At Loansmart, we’re not just here to lend money—we’re here to help you take control of your finances. Whether you need a loan to get back on track, want to consolidate debt, or are just looking for advice, we’ve got your back. Apply online in 2 minutes Get personalised options from trusted lenders Enjoy fast, professional, 5-star rated service Need help sorting out your finances?Apply now or give us a call for a quick, friendly chat. You’ll get smart loan solutions without the hassle.Need more tips like this?Check out our blog for more helpful reads on budgeting, debt, saving, and smart money moves! Get a free loan assessment Try our Loan Calculator #### 6 ways to make your money go further As the cost of living crisis bites, your income may be stretched more than ever.Figures from Statistics NZ show living costs increased 7.2% for the “average household” in the year to June 2023.Some of that is due to higher interest rates, but a massive jump of 13.2% in grocery prices is also contributing to the increase.These increases can make it tough to make ends meet, but there are ways to make your money go a little further. Shop around Before making any purchases, compare prices across different stores or online retailers. You may find that the same product is cheaper at a different location or on a different website.For non-grocery consumer products, you could use a website like PriceSpy, which can compare the cost of many items from different retailers.To get the best deal on grocery food, the Grocer website is a great tool for comparing the cost of specific items at different supermarkets. With this app, you can save your local supermarkets as favourites and compare items at those locations.For the best deals on fuel, check our Gaspy NZ. With the app, you can find the cheapest fuel prices near you. You can even search by fuel type since not all service stations have 95.The same applies to services: whether it’s power, internet or insurance, have a look around to see if you can get a better deal. Powerswitch, run by Consumer NZ, is a great way to see if you’re paying too much.Another way to save money on purchases is to consider buying gently used or refurbished items instead of buying brand new.You can often find second-hand items in good condition at a fraction of the cost. Buy in bulk Purchasing items in bulk can often save you money in the long run. Consider purchasing non-perishable items, such as toilet paper, paper towels, and cleaning supplies, in large quantities.Just be sure to compare unit prices to ensure you’re getting the best deal. You could also avoid using disposable products, and instead go for items that can be reused.For example, microfibre cloths are a good alternative to paper towels and can be washed so you can use them many times. It may cost a little bit more at first, but you’ll save money in the long run. Use generic or store brand products Don’t be swayed by name-brand products when generic or store brand options are often just as good and often less expensive.The supermarket is a good example where you’ll see generic products next to more expensive branded options.A study published in 2021 found that “own brand” supermarket labels – like Pams, Value or Essentials – were just as nutritious as branded products.Unless the branded option is on special, it makes sense a lot of the time to opt for the cheaper generic alternative, as the products are often very similar.This doesn’t just apply to food, either: large retailers like Kmart and The Warehouse offer own-brand versions of a wide range of consumer products, many of which are as good as their branded equivalents. Go down to one car Owning a car is a lot more expensive than you might think, and many kiwi households have more than one.For people with families, or who live in places without reliable public transport, this may be necessary.However, if you live in a city with good public transport you could consider becoming a one-car household.The cost of owning a car is much more than fuel – in fact, fuel accounts for less than half the average cost of running a car.Costs like registration fees, insurance, and warrant of fitness add up, in addition to the depreciation in the car’s value each year.According to the AA, a small late-model car will cost about $8,000 per year to run, or $22 per day. The cost will be larger for bigger cars.If reducing the number of cars you own is an option, this could be a great way to significantly reduce your travel expenses. Beware of Vampire Power Have you heard of the term vampire power? We aren’t talking about supernatural power here, although it would make for an interesting article.Vampire power is simply power you consume – and pay for – but don’t need.When one of our team members saw their latest power bill, they were in for a real shock. After breaking down their power usage, they discovered that $50 came from appliances that were always in use. Here are a few examples:Leaving your TV and computer on standby overnight.Running extra refrigerators – Refrigerators are energy hogs, try to avoid running more than one. You can also eat what’s in your freezer and save on groceries too! Switch to a single fridge/freezer and reduce your electricity bill substantially.Turn off the heated towel rails once your towels are dry.Unplug chargers at the wall when not in use – yes, they consume power even when not in use!Only fill the kettle with as much water as you need. Kettles are power thirsty too.Choose your plan carefully. You may want to opt for a plan that offers cheaper electricity at night. Running power hungry appliances during off-peak could save you a lot. What’s a power hungry appliance? Dishwashers, washing machines, dryers, chargers – including EV’s.These simple steps can ensure you can direct more power to where you need it most – staying warm! Debt consolidation loan Debt can seriously limit how far your income goes. If you have several loans, and maybe a credit card as well, the charges on those individual loans add up quickly.One way to reduce the costs of your debt is to combine your existing debts into one, easy-to-manage loan. This is called a debt consolidation loan, and it’s one of the ways Loansmart helps people get their debt under control.Learn more about how Loansmart helps people like the Williams family save hundreds of dollars a month through a debt consolidation loan. GET MY LOAN NOW Contact Us Today! #### 7 Things You Must Know To Improve Your Credit Score Check out our handy infographic to learn about the 7 best ways to improve your credit score. #### 7 Ways to Use a Personal Loan For Home Improvement Your home is more than just where you sleep – it’s your space, your comfort zone, and one of the biggest investments you’ll ever make. So, if you’ve been thinking about giving it a glow-up, you’re not alone. And the good news? You don’t need a mountain of savings to get started. A personal loan for home improvement can be a fast, easy, and affordable way to upgrade your home and even increase its value.At Loansmart, we’re all about helping Kiwis like you make smart financial decisions. Whether you’re planning a full kitchen reno or just want to boost your curb appeal, here are 7 savvy ways to use a personal loan to add real value to your home. 1. Renovate Your Kitchen – The Heart of the Home Kitchens sell homes. A modern, functional kitchen doesn’t just look good – it adds serious value. Even small changes like new benchtops, appliances or splashbacks can make a huge impact.A personal loan can give you the freedom to upgrade without cutting corners. At Loansmart, we make it easy to apply online in just 2 minutes and get fast approval – so you can get cooking on your project sooner. 2. Add a Deck or Outdoor Entertainment Area Love a good summer BBQ? So do future buyers. Kiwis are all about outdoor living, and a deck or patio can make your home feel bigger and more inviting. It’s a great way to connect your indoor space with the outdoors.With flexible personal loans up to $50,000 unsecured, you can finance the job properly and create an outdoor space that’s perfect for relaxing, entertaining, or just soaking up the sun. 3. Upgrade Your Bathroom Let’s be honest – no one wants to shower in a cold, mouldy bathroom. An updated bathroom can significantly boost your home’s value and comfort. Whether it’s a fresh coat of paint, new tiles or a full remodel, a personal loan can help cover the cost without waiting months to save.And with Loansmart’s low rates starting from 9.95%*, you can do it all without blowing your budget. 4. Install Energy-Efficient Upgrades Being energy-smart is not just good for the planet – it’s great for your wallet too. Think heat pumps, solar panels, insulation, or double glazing. These upgrades make your home more comfortable and cheaper to run.Using a personal loan to finance energy-efficient upgrades can increase your home’s resale value and appeal to eco-conscious buyers. Plus, Loansmart makes it quick and hassle-free to get the funds you need, 100% online. 5. Boost Curb Appeal with Landscaping First impressions count – especially in property. Tidy gardens, fresh fencing, new paving or even a freshly painted front door can go a long way. You don’t need to spend a fortune, either.A smaller personal loan could be all you need to spruce up your home’s street view. And with same-day loan options and high approval rates, we’ll help you get started without delay. 6. Create a Home Office or Extra Bedroom Working from home is the new normal, and buyers are looking for flexible spaces. Turning a spare room, garage or even a nook into a home office or guest bedroom can add heaps of value.It’s not always a huge job – and a personal loan can make it happen fast, without dipping into your savings. With up to 84 months to repay and fair, affordable rates, Loansmart gives you options that suit your lifestyle. 7. Future-Proof with Smart Home Tech Modern buyers love a bit of tech – think smart lighting, security systems, or a digital thermostat. These upgrades are usually easy to install and don’t cost the earth, but they can seriously boost your home’s appeal and functionality.A small personal loan can cover these smart upgrades, and Loansmart’s expert team is here to help you find the best loan for your needs. One application, multiple low-cost options – it’s that simple! Personal Loan for Home Improvement: Why Choose Loansmart Upgrading your home doesn’t have to be stressful or expensive. A personal loan gives you the freedom to make smart changes that add value now and in the future. Whether it’s a big reno or a few thoughtful tweaks, Loansmart is here to help you make it happen – fast, easy, and on your terms.Fast 2-minute applicationSame day payout options*Trusted, 5-star rated teamNo hoop-jumping or paperworkExpert guidance with multiple lender optionsReady to give your home the upgrade it deserves?Apply online with Loansmart and let’s make it happen!Apply Now*Subject to responsible lending checks and criteria Apply Online Now Try our Loan Calculator #### Arrears Continue to Improve, But Pressure Remains in Unsecured Lending The latest Centrix Credit Indicator (April 2026) shows household credit conditions continuing to improve, with overall arrears falling again and mortgage stress easing further. While the broader trend is moving in a positive direction, pressure remains more concentrated across unsecured lending, particularly personal loans and BNPL. In our April market report, consumer arrears sat at 12.09%, with 473,000 people behind on payments. This month, arrears have fallen further to 11.72%, with the number of consumers behind on payments declining to 459,000, down 14,000 from the previous month. Arrears are now 7.1% lower than a year ago, marking the lowest level since September 2023. However, there are still 95,000 consumers more than 90 days behind on payments, showing deeper financial stress remains for some households. Mortgage Arrears Continue to Ease Mortgage arrears improved again in March, falling from 1.42% in the previous report to 1.39%. The number of mortgage accounts past due also declined slightly from 22,700 to 22,500. Mortgage arrears are now 12% lower year on year, supported by lower interest rates easing repayment pressure for borrowers. Seasonally adjusted mortgage delinquencies also continued to improve, with both short term and 90+ day arrears tracking lower than a year ago. Credit Card Arrears Tick Higher Credit card arrears increased slightly this month, rising from 4.0% to 4.2%. Despite the increase, arrears remain 10% lower than a year ago, showing that overall performance remains stronger than it was through much of 2025. Demand for credit cards remains subdued, with enquiries down 17.4% year on year, continuing the softer demand trend seen over recent months. Personal Loans Remain Elevated Personal loan arrears improved slightly from 10.1% to 10.0% in March, but remain elevated and broadly unchanged year on year. This continues to highlight that repayment pressure remains more pronounced for some borrowers in unsecured lending. Demand remains relatively strong, with personal loan enquiries up 7.9% year on year, although enquiry volumes have softened compared with the stronger growth rates seen earlier in the year. BNPL Improves After Consecutive Increases BNPL arrears improved in March, falling from 9.5% in the previous report to 8.8%. This marks the first improvement after several consecutive monthly increases earlier in the year. Demand for BNPL remains stable, with enquiries up 3.5% year on year, reinforcing that the product continues to play a significant role in consumer spending and first-time credit usage. The Bigger Picture Compared with our April market report, overall credit conditions have continued to improve: Total consumer arrears have fallen from 473,000 to 459,000 The arrears rate has dropped from 12.09% to 11.72% Mortgage arrears have improved from 1.42% to 1.39% Credit card arrears have edged up slightly from 4.0% to 4.2% Personal loan arrears have eased from 10.1% to 10.0% BNPL arrears have improved from 9.5% to 8.8% The latest data suggests household repayment performance is continuing to stabilise, particularly across mortgages and overall consumer arrears. However, unsecured lending remains the key pressure point, with personal loan arrears still elevated and a significant number of consumers remaining in serious arrears. As we move into the middle of the year, the key question will be whether improving mortgage conditions and lower interest rates continue to flow through into unsecured lending performance, or whether pressure remains concentrated across personal loans and BNPL. Apply Online Now Try our Loan Calculator #### Arrears Easing: 468,000 Kiwis Behind on Payments After months of stubborn repayment pressure, the latest Centrix Credit Indicator Report (September 2025) finally shows signs of improvement in household finances.In August, Loansmart reported that 480,000 New Zealanders or 12.41% of the credit-active population—were behind on at least one repayment.Now, Centrix says that figure has fallen to 468,000, lowering the arrears rate to 12.09%. That’s 12,000 fewer people struggling with overdue accounts and a 1.8% year-on-year improvement.Behind this modest shift is a broader stabilisation in credit trends. Consumers appear to be regaining confidence as the economy adjusts to lower interest rates and a softer cost-of-living squeeze. Mortgage and Housing Credit Improving Home-loan borrowers are starting to find firmer footing. Mortgage arrears fell to 1.36% in August, with 20,900 home loans past due, about 300 fewer than July’s 21,200 cases.It’s the fourth straight month of improvement in late-stage delinquencies, while mortgage enquiries rose 10.6%, largely from refinancing activity as borrowers look to take advantage of lower rates.Just a month ago, the same measure sat at 1.38%, so while the change is small, the direction continues to be positive. Personal Loans: A Slight Lift Personal-loan performance has also edged forward. Arrears slipped from 9.1% in July to 9.0% in August.That’s not a dramatic move, but it extends the run of gradual improvement seen through the winter. Still, nearly one in ten borrowers remain behind on repayments, a reminder that unsecured credit remains a fragile part of the market. Buy Now Pay Later: Small Increase in Arrears While most credit types saw modest gains, Buy Now Pay Later (BNPL) slipped slightly. Arrears rose from 7.3% to 7.4%, sitting marginally higher than a year ago.BNPL continues to dominate among younger consumers, nearly 44% of under-25s use it as their first credit product, but the small uptick shows how easily payment stress can emerge when budgets tighten. Credit Cards: A Decade Low One clear bright spot is in credit-card debt. Arrears fell to just 3.7%, the lowest level since comprehensive credit reporting began over a decade ago, and about 15% lower year-on-year.Last month, the rate sat at 3.9%, already the lowest since 2022, so this latest drop suggests many households are managing their revolving balances better than before. Financial Hardship and Credit Demand There are still around 14,250 accounts recorded in financial hardship, but that number has dipped slightly month-on-month.Hardship cases remain 4.2% higher year-on-year, with personal-loan hardships up 36% and credit-card difficulties 29% of the total.At the same time, credit demand is strengthening. Consumer credit enquiries are up 5.6% year-on-year, driven by personal-loan applications (+4.4%), the highest level since December last year and increased refinancing in the housing market. New non-mortgage lending, which includes credit cards, BNPL, and personal loans, has climbed 11.4%, lifting total household lending 28% year-on-year. The Takeaway The latest data brings a note of optimism to what has been a tough year for borrowers. Compared with August’s results, arrears are easing across most products:The total number of people behind on payments has fallen by 12,000Mortgage and personal-loan arrears have both improvedCredit-card arrears are at historic lows, andOnly BNPL saw a minor setback.With credit demand rising and 90-day delinquencies continuing to fall, New Zealand’s credit market appears to be stabilising. For Loansmart, it’s a signal that while the lending environment remains cautious, borrowers are gradually finding their rhythm again. Apply Online Now Try our Loan Calculator #### Arrears Improve Overall, But Unsecured Lending Remains Under Pressure The latest Centrix Credit Indicator (March 2026) shows New Zealand’s credit conditions have improved overall, with consumer arrears falling after last month’s seasonal peak. While the headline numbers are moving in the right direction, pressure remains more pronounced across unsecured lending, especially BNPL and personal loans. In our March market report, consumer arrears had reached 12.56%, with 491,000 people behind on payments. This month, arrears have fallen to 12.09%, with the number of people behind on payments declining to 473,000, down 18,000 from the prior month. Arrears are now 2.4% lower than a year ago. However, deeper stress remains, with 97,000 consumers now 90+ days in arrears, the highest level since July 2023. Mortgage Arrears Hold Steady Mortgage arrears held steady at 1.42% in February, unchanged from the previous report. The number of home loans past due increased slightly from 22,600 to 22,700. Despite this, mortgage arrears are 8% lower than a year ago, supported by lower interest rates easing repayment pressure for borrowers. Credit Cards Improve Credit card arrears improved from 4.2% in the previous report to 4.0% this month. Arrears are now 12% lower than a year ago, showing stronger performance compared to recent months. Demand remains weak, down 19.1% year on year, suggesting consumers are still cautious about revolving credit. Personal Loans Ease Slightly, But Remain High Personal loan arrears improved slightly from 10.2% to 10.1%. While this is a small step in the right direction, this remains one of the key pressure points, with arrears still 4% higher year on year. Demand also remains strong, with personal loan enquiries up 13.0% year on year, continuing the trend seen in recent months. BNPL Continues to Climb BNPL arrears rose again, increasing from 8.6% in the previous report to 9.5% this month. This marks the fifth consecutive monthly increase, making BNPL one of the clearest areas of concern. Demand is broadly stable, up 3.8% year on year, suggesting usage remains steady even as repayment pressure builds. The Bigger Picture Compared with our March market report, the overall direction has improved, but unsecured lending remains under strain: Total consumer arrears have fallen from 491,000 to 473,000 The arrears rate has dropped from 12.56% to 12.09% Mortgage arrears have held steady at 1.42% Credit card arrears have improved from 4.2% to 4.0% Personal loan arrears have eased slightly from 10.2% to 10.1% BNPL arrears have climbed from 8.6% to 9.5% The latest data suggests the seasonal arrears peak has started to unwind, with overall arrears improving and mortgage stress remaining stable. However, the rise in 90+ day arrears and continued pressure across BNPL shows that some households are still under sustained financial strain. As we move further into the year, the key area to watch will be whether unsecured credit begins to stabilise, or whether BNPL and personal loan arrears continue to diverge from the broader improvement in household credit conditions. Apply Online Now Try our Loan Calculator #### Arrears Peak as Seasonal Pressures Continue The latest Centrix Credit Indicator (February 2026) shows arrears reaching their expected seasonal high, with lending activity remaining strong across key segments of the market. While this lift is consistent with recent trends, it highlights where pressure is currently concentrated, particularly across unsecured lending, even as broader credit conditions remain more stable than a year ago.In our February market report, consumer arrears were 12.07%, with 471,000 people behind on payments.This month, arrears have increased further to 12.56%, with the number of consumers behind on payments rising to 491,000, an increase of 20,000 people month on month. Despite this rise, arrears remain 0.8% lower year on year. Mortgage Arrears Rise Slightly Mortgage arrears have increased from 1.37% in the previous report to 1.42% in January. The number of mortgage accounts past due has also risen from 21,800 to 22,600. While this reflects a lift from the previous month, mortgage arrears remain 9% lower year on year, indicating that underlying mortgage stress continues to improve despite short term fluctuations. Credit Cards Edge Higher Credit card arrears have risen again, increasing from 4.0% to 4.2%, now sitting at their highest level since April. Despite this increase, credit card arrears remain 8% lower than a year ago, showing that longer-term performance is still trending in a positive direction. Demand for credit cards continues to soften, with enquiries down 18.6% year on year, suggesting consumers remain cautious when it comes to revolving credit.   Personal Loans Continue to Drive Pressure Personal loans remain the most pressured segment of the market. Arrears have increased further to 10.2%, the highest level recorded in the past decade, and up 6% year on year. This is a clear increase from the previous report, where arrears were 9.8%, showing that pressure in unsecured lending continues to build. At the same time, demand remains strong, with personal loan enquiries up 13.5% year on year, highlighting that borrowing activity remains elevated even as repayment performance weakens. BNPL Arrears Climb Further BNPL arrears have also increased, rising from 7.9% to 8.6%. While this represents a month-on-month increase, BNPL arrears are noted as broadly unchanged year on year, indicating that current levels are elevated but not worsening compared to the same time last year. Demand for BNPL remains relatively stable, down just 0.8% year on year, suggesting continued usage even as repayment pressure increases. The Bigger Picture Compared with our February market report, seasonal pressures have continued to build:Total consumer arrears have risen from 471,000 to 491,000The arrears rate has increased from 12.07% to 12.56%Mortgage arrears have edged up from 1.37% to 1.42%Credit card arrears have increased from 4.0% to 4.2%Personal loan arrears have climbed from 9.8% to 10.2%, while BNPL arrears have risen from 7.9% to 8.6%While arrears have reached their seasonal high, the broader trend remains more stable than a year ago. Mortgage stress continues to track below 2024 levels, and overall arrears remain lower year-on-year.With lending activity still strong, particularly across mortgages and personal loans, the data suggests households remain active in the credit market. The key signal to watch in the coming months will be whether arrears begin to ease again as the year progresses, or whether pressure in unsecured lending persists. Apply Online Now Try our Loan Calculator #### Arrears Rise Seasonally as Holiday Spending Bites The latest Centrix Credit Indicator Report shows New Zealand’s credit market has opened the year with strong lending momentum but also a predictable seasonal lift in arrears as households absorb holiday spending and summer cash-flow pressures. In our December market update, consumer arrears had dropped to a two-year low, with 11.83% of the credit-active population behind on payments and 459,000 people in arrears. This month, consumer arrears have increased to 12.07%, with the number of consumers behind on payments rising to 471,000. While this is up from November’s level, Centrix notes it reflects typical seasonal patterns and remains 0.8% lower year-on-year. Mortgage Arrears Edge Higher But Still Well Below Last Year Mortgage arrears also rose slightly, moving from 1.35% in the December report to 1.37% in the latest report, aligning with the seasonal rise in consumer arrears overall. The number of mortgage accounts past due increased from 20,900 to 21,800. Despite the lift, Centrix highlights mortgage arrears remain 8% lower year-on-year, suggesting that underlying mortgage stress continues to ease compared to 2024 levels. Credit Cards: Arrears Climb to the Highest Level Since May Credit card arrears rose again this month, increasing from 3.9% in the December report to 4.0%, the highest level since May. Even with this increase, Centrix notes credit card arrears are still 6% lower than a year ago, indicating the longer-term trend remains broadly positive. This is particularly interesting given demand for credit cards remains soft. Credit card enquiries are down 19.9% year-on-year, showing consumers may be cautious about taking on revolving credit, even while balances and repayment pressure tick up. Personal Loans: Arrears Jump Sharply as Holiday Borrowing Peaks Personal loans are one of the clearest pressure points in this month’s update. Centrix reports personal loan arrears rose to 9.8%, up 6% year-on-year. At the same time, demand for personal loans remains strong. Personal loan enquiries are up 15.5% year-on-year, reflecting elevated borrowing through the holiday period. Together, these figures suggest that while borrowers are confident enough to keep borrowing, repayment pressure is emerging quickly, especially in unsecured lending. BNPL: Arrears Lift Again, But Demand Falls BNPL is showing a slightly different pattern: demand is weakening, but arrears are still rising. Centrix reports BNPL arrears increased to 7.9% in the latest report. Centrix also notes BNPL arrears remain 4% lower year-on-year, despite the month-to-month rise. Interestingly, BNPL demand is down 6.1% year-on-year, suggesting fewer consumers are applying for BNPL, but those already using it are more likely to fall behind. The Bigger Picture Compared with the position outlined in our December update, the trend has shifted in line with seasonal pressures: Total consumer arrears have risen from 459,000 to 471,000 The arrears rate has increased from 11.83% to 12.07% Mortgage arrears have edged up from 1.35% to 1.37%, though remain well below last year’s levels Credit card arrears have lifted slightly from 3.9% to 4.0% Personal loan arrears have climbed to 9.8%, while BNPL arrears have increased to 7.9% While the seasonal summer bump is evident across most credit products, the longer-term picture remains steadier than a year ago. Mortgage stress continues to sit below 2024 levels, and overall arrears remain broadly aligned with 2023 trends. With credit demand still strong, particularly for mortgages and personal loans, the data suggests households remain active in the lending market, even as repayment pressure tightens temporarily after the holiday period. As we move further into 2026, the key question will be whether arrears settle back again once seasonal pressures ease, or whether unsecured credit segments continue to feel the strain. Apply Online Now Try our Loan Calculator #### Arrears Still Rising: 480,000 Kiwis Behind on Payments Last month, we highlighted how 478,000 New Zealanders were behind on repayments — a sign that financial hardship was still widespread despite some encouraging trends. Now, the latest Centrix Credit Indicator Report (August 2025) shows arrears have inched up again.The Reserve Bank recently cut the Official Cash Rate (OCR) to 3.00%, continuing its monetary easing cycle in response to subdued growth and softening inflation. This move has prompted banks to lower some mortgage and lending rates, giving certain borrowers a little relief. But for many households already stretched thin, the benefits have been limited. A single unexpected cost – like a car repair, medical bill, or school expense – is still enough to tip things over the edge.Centrix data confirms this pressure: 480,000 people are currently behind on at least one repayment, representing 12.41% of the credit-active population. That’s 2,000 more than in July, showing that arrears are still heading in the wrong direction. Some Positives Among the Pressure There are glimmers of good news. Late-stage arrears – accounts more than 90 days overdue – have eased slightly, suggesting that while more people are falling behind, the most serious cases may be stabilising.Mortgage borrowers are also doing better. Mortgage arrears dropped to 1.38%, with about 21,200 home loans past due – 400 fewer than in June. At the same time, refinancing is surging. Mortgage enquiries are up 16%, and new mortgage lending has risen 24.4% year-on-year as more borrowers lock in lower rates.However, financial stress is still very real. Mortgage difficulties make up 44% of all hardship cases, showing that even with improvements, many households continue to struggle to keep up with repayments. Diving Into Loan Types The report also sheds light on how different kinds of loans are performing – and the picture is mixed.Personal loans remain one of the toughest areas, with arrears sitting at 9.1% in July. This marks the fourth month in a row of improvement, but at nearly one in ten borrowers behind, personal loan debt is still a major pressure point. Because these loans are often used to cover everyday costs or consolidate other debts, missed payments highlight just how tight household budgets continue to be.Buy Now, Pay Later (BNPL) arrears fell slightly to 7.3%, roughly the same level as last year. While this shows things aren’t getting worse, the numbers remain high. BNPL is marketed as interest-free, but with multiple accounts in play, many consumers overextend themselves – and missing payments can lead to expensive fees and a mark on their credit file.Credit cards are the standout area of improvement. Arrears are steady at 3.9%, the lowest level since August 2022 and more than 12% lower than a year ago. This suggests more Kiwis are keeping on top of their card repayments, possibly by paying down balances or moving debt into lower-cost options like personal loans or refinancing. What It All Means The August numbers show arrears creeping higher again, even as some indicators improve. Mortgage borrowers are starting to benefit from refinancing and lower rates, and credit card arrears are easing. But with nearly half a million Kiwis behind on payments – and mortgages still making up the largest share of hardship cases – the financial strain is far from over.Loansmart has seen a surge in people requesting financial assessments as households look for ways to reduce repayments and create a discretionary income buffer. With the Reserve Bank’s OCR cuts and a drop in mortgage rates, there are positive economic signals – but many families are still under financial strain.“At LoanSmart, we know these figures represent more than just data points – they’re real people under pressure,” says Murray Greig, Founder of LoanSmart. “We’re finding that more New Zealanders are coming to us for financial assessments, wanting to understand how they can consolidate debt, lower repayments, and free up some breathing space in their budgets.” Apply Online Now Try our Loan Calculator #### Best Car Loans In today’s busy world, having a car isn’t just nice to have—it’s pretty much a must if you want to get around easily.But let’s be real, picking the best car finance can feel pretty overwhelming with all the choices out there.Whether you’re buying your first car or thinking about upgrading your wheels, getting a good grip on vehicle finance is super important to help you make the best choice.Keep reading to learn more about how to find the best car loan, including the difference between secured and unsecured car loans, getting the lowest rate, and car loans for bad credit. Car Loan Types When it comes to vehicle loans, there are two main loan types: unsecured and secured loans.  Unsecured car loans An unsecured loan is a type of personal loan where you are simply given cash to spend how you like. The benefit of this is when it comes to car shopping is that there are no restrictions on what type of vehicle you buy. You can buy from whoever and wherever you want: TradeMe, a car dealer, privately, or at auction, it’s up to you. You also have the benefit of being a cash buyer, which can give you more negotiation power to get a better deal. Loansmart’s unsecured car loans offer limits of up to $75,000, with competitive rates from 11.95%.  Secured car loans A secured car loan means the vehicle itself is used as security against the loan. This offsets some of the risk to the lender, which means you can potentially get a better interest rate. On the other hand, your choice of vehicle may need to be approved by the lender before you can buy it. This slows the process down, but also removes your ability to negotiate as a cash buyer. Still, this loan type is still attractive for people who want the lowest interest rate possible. With Loansmart, you can borrow up to $150,000 with a secured loan, with interest rates starting from 9.95%. Finding the Best Car Finance Navigating the world of car loans can be a bit confusing, but there are a few things you can look out for to make sure you’re working with a good lender.  5-star reviews Online reviews are a great way to make sure the company you’re dealing with is a good one. Loansmart has more than 500 5-star reviews on Google, which is how you know we provide smart solutions that keep our customers happy. Just check out a few recent examples: “Great service, I dealt with Andrea, she was super efficient and made things super easy for me. Great communication. Thanks heaps, Andrea!” – Crystal “The online application was very easy and Kelly was very helpful in her communication with me. My loan was in my bank account within 24 hours.” – Eddy “Kalia was amazing. Such a smooth and stress free process.” – Rebecca. Read all of our reviews for yourself and see why so many Kiwis love Loansmart’s easy and fun loan process. Choose a responsible lender Going with a provider who is part of the Financial Services Federation (FSF) is one way of knowing you’re dealing with a reputable company. Loansmart is an associate member of the FSF, which means you can trust that we’ve got your back when it comes to looking out for your best interests. Being with the FSF means we’re required to stick to responsible lending practices that ensure we do what’s right for you and your personal finances. At Loansmart, we take the time to really get to know your situation and no matter what your financial circumstances are, we figure out how to help you out. We’re here for you, especially during tough times, and we treat you with the care you deserve to help you take charge of your money again. Plus, by following the FSF Code of Conduct, you know we treat everyone fairly and with total honesty. Use a loan broker Many traditional lenders, like banks, offer a one-size-fits-all approach that may mean you don’t get the best possible deal. Loansmart is different: we’re a loan broker, which means we put your application in front of multiple lenders to get you the best offer. That’s great because more lenders means more chances of approval!  It’s also good for your credit score – making multiple loan applications in a short period of time can harm your credit report, but with us you only have to make one application to get access to multiple lenders. We only work with low-cost lenders, so you can be sure that with Loansmart, you’re getting extremely competitive interest rates. On top of that, we’re 100% online, which means we’re super fast and efficient so you can get your loan sorted even faster. After you complete our super quick 2-minute application form, we can get loan approval within just 1-2 hours* and have the money in your account the same day*. Our loan advisors are on it, racing to match you with the best personal loan lenders to score you an awesome deal! *Subject to responsible lending criteria Find out more about our loan process! Best car loans for bad credit history Need a new car but your credit history isn’t so good? It can be tricky to get a loan with certain lenders if you have poor credit history. The good news is, some lenders understand that sometimes people need second chances. At Loansmart, we work with people with poor credit scores to get affordable loans that help them get back on track financially. Our team takes the time to listen to you and your story to find out why your credit history may be patchy, and how we can help you improve it. In most cases, if our customers have enough regular income to cover the loan repayments, there’s a good chance we can get them loan approval. Sometimes we arrange secured car loans to help people with bad credit. Because a secured loan has collateral against the loan, the risk to the lender is reduced, so they’re more likely to say yes. So if you have bad credit, don’t worry, just give our friendly team a call and they’ll talk through your situation with you. Apply now #### Best Personal Loan Lenders When searching for a loan, it's essential to find the best personal loan lenders Taking on debt is a significant decision, so it’s important to make sure your lender is trustworthy and is looking out for your best interests.Some lenders are better than others, so how do you know your lender is the best?Luckily for you, you’ve come to the right place. Loansmart connects borrowers with the best personal loan lenders in the market.As loan brokers, we don’t lend money directly: we make it super easy for you to get the best deal by shopping around for you!That’s why Loansmart is the best choice for people looking for a top-quality lender.We know what you’re thinking: we would say that!But you don’t need to take our word for it – here are some reasons why Loansmart is the best. Hundreds of 5-star reviews If you’re looking for the best personal loan lender, look for positive reviews.Loansmart has more than 500 5-star reviews on Google!These reviews just show how much our clients love what we do. We make borrowing quick and easy, and we say yes more often. What’s not to love about that? “I had a quick and easy process, Kimberly was very helpful and had taken my best interests into account,” Keleni Sese was also happy with her Loansmart experience: “I dealt with Brady and he was awesome. He was efficient, professional, and made the whole loan process as seamless as possible for me. I applied for my loan after hours and it was approved the next day. Sese "My experience with Loansmart was great. Min was very helpful, informative, quick and friendly." Colin These are just a few recent examples, but you can read all of our reviews for yourself and find out why so many Kiwis love and recommend Loansmart.  Smart solutions, faster Another reason Loansmart has so many happy customers is we find smarter solutions to their financial problems.Here’s just a few examples.Tamara came to us needing cash quickly to repair her car, but she already had several loans and couldn’t afford to take on any more debt.The Loansmart team combined her existing debt into one new low-cost debt consolidation loan, not only giving her the cash she needed to fix her car, but dropping her overall loan repayments by $100 per week!Another happy customer was Shaun, who needed help because his loan payments of $1100 per week were too high.Our loan advisors consolidated his debt into a new low-cost loan, plus added some extra cash on top so he could tidy up some loose ends.His new loan had a lower interest rate than his existing debts, so he saved himself $840 per week.Loansmart also helped the Jones family get control of their debt situation. They already owed $65,000 across three loans, but needed to borrow extra to see their daughter compete in an international sports competition.We paid off two of the higher-interest loans and combined them into a new low-cost loan, plus some extra cash for their trip.Using their car as security enabled us to get them a better interest rate, ensuring their monthly loan payments wouldn’t increase.These stories are typical of the solutions we find for our customers every day.With our competitive interest rates and flexible loan terms, we’re able to find positive outcomes for almost any situation. Fair, honest, and reasonable lending Loansmart is a proud member of the Financial Services Federation (FSF). This means that not only do we get you a great deal, but you can trust us to act in your best interests.Being a member of the FSF requires us to comply with responsible lending practices that protect borrowers, ensuring their financial well-being comes first.At Loansmart, we work with our clients to learn about their financial situation and find ways to make it better.We support our clients through difficult times, treating them with empathy to help them regain control of their finances.By following the FSF Code of Conduct, we ensure that we treat all clients fairly and with the utmost integrity. Lending without the hassle Loansmart makes borrowing money faster and easier.We’re 100% online, so there’s no paperwork to fill out or appointments to attend.All you have to do is fill out our 2-minute application form and we’ll be in touch with you to get some more information.We put your application in front of multiple lenders. This is great for you because making multiple loan applications can hurt your credit score, but with Loansmart you just make one.Also, having multiple lenders means more chance of your loan being approved!Being an online loan broker is not only easier for you, but it allows us to work more efficiently so we can get your loan approved faster.Our loan advisors work fast to connect you with the best personal loan lenders, getting you a better deal. Apply for your loan today Try our Loan Calculator #### Bond Loans Secure your next rental with a Bond Loan from Loansmart! So you’ve found the perfect place to move into but don’t have enough to pay for the bond. Not to mention the extra you need to cover rent advances and moving costs – it all adds up for sure. Loansmart’s Bond Loans can help you secure that new home, and cover additional costs.  Moving is stressful enough, so our application process is easy. In fact, you can typically complete our online application in a few minutes. If approved, the money can be in your account in a matter of hours on any given business day.  With Rental Bond Cash Loans from us you can get – Rates between 9.95%* – 35.50% Easy, 3-minute application process Same day approval and payment* Bond Loan terms of 6 months – 10 years Unsecured Loans and Secured Loan options  What Is A Rental Bond? A rental bond is a one-off payment made at the start of a tenancy agreement. The amount often equates to between two – four weeks rent. Landlords have a legal obligation to lodge the bond with Tenancy Services. It is used to cover:  Unpaid rent Damage to the property; or Any claim(s) relating to the tenancy. Tenants who have looked after the house, paid rent in full, and paid any amounts owing should get a refund of their bond when the tenancy ends. What Is A Rental Bond Loan?  Rental Bond Loans are a type of Personal Loan taken out to cover urgent costs such as rent advances and bonds. A Bond Loan is a type of Emergency Loan or Quick Loan, often processed the same day or next. You can also use a Bond Loan to cover additional expenses of moving such as packing equipment, trailer hire and moving companies.   Be sure to tell us when you get paid, so we can time your loan repayment to the same time. Meeting your monthly rent payments on time is a great way to build up your credit score. This doesn’t just relate to loans, but any bills like power, internet and rent.  How Much Money Will I Need To  Borrow? Tenancy Services have a handy online market rent tool that can tell you the average weekly rent and bond amount for the area you live in. It also tells you lower and upper amounts, so you know how much to plan for. Try it by typing in your suburb.  Can I Use A Rental Bond Loan To Cover Other Expenses? Quite possibly. We often find that clients need to borrow extra to cover the cost of furniture and appliances. Especially if previous co-tenants move on. As is often the case in shared tenancy arrangements, each person contributes to the furniture and appliances, and so replacing items is necessary at the start of new tenancies. You can get a lump sum payment up to $50,000 unsecured; although most people find a few thousand dollars is enough.  How Do I Apply For A Bond Loan? We know moving house can be very stressful. That’s why our easy online application form can be completed within a couple of minutes from any device. In most cases approval only takes 1-2 hours and the payment will be deposited into your account the same day.  What Information Do I Need To Provide for a Bond Loan? A copy of your drivers licence or passport, so we can identify you. You also need to provide us with access to your last three months’ bank statements. There is no need to print out, scan and email them to us. Instead, we’ll provide you with a secure link that will grant us access to your statements electronically.  Can I Apply For A Commercial Rental Bond Loan? Yes! If you’re in business and looking to move into a new commercial property, we can also help in these circumstances. Whatever you need, apply online and let’s see what we can do for you. APPLY ONLINE TODAY! We can help you get an online loan for emergency costs, such as: New bond payments Rent advances Moving costs New furniture and appliances APPLY NOW Here’s a few basic tips on residential tenancy bonds Tenants and landlords should do a thorough property inspection together at the start of the tenancy. They should then complete and sign the property inspection report, which is part of the tenancy agreement. They should also complete and sign the bond lodgement form if the landlord is charging a bond. If you’re a landlord you must: Lodge the bond within 23 working days of receiving it. Not doing this is an unlawful act and you could be required to pay a penalty. If you’re a tenant you should: Contact your landlord to check the bond has been lodged (if you don’t receive a letter within six weeks confirming your bond has been lodged). Budget for the bond payment being four weeks’ rent (although it might be less). What is the maximum amount that can be charged for a bond? A bond can be up to the equivalent of 4 weeks’ rent. Other forms of security are not allowed, but a landlord may ask for a guarantor’s agreement. Can a landlord increase the bond partway through a tenancy agreement? If the landlord increases the rent they may ask the tenant to pay an additional bond in line with the increase. For example: the tenant has paid a bond equivalent to 3 weeks’ rent and weekly rent goes up by $10 – this means the landlord can request an extra $30 to be paid to the bond. You must lodge the extra bond with the rest of the bond by completing a bond lodgement form. If the rent decreases and the total bond is now more than 4 week’s rent, the tenant can apply to have the extra bond refunded. Getting a bond refunded  The people who sign the bond refund form must be the same as the people who signed the bond lodgement form. If these signatures do not match there may be delays in refunding the bond. For more information on bonds, read Tenancy Services helpful guide.   APPLY NOW #### Borrow $10k – get a $10k loan from just $68 per week! Need $10,000 now? Borrowing money can be a daunting process, but it doesn’t have to be. With the right knowledge and team, you can secure a $10k loan from just $68 per week*.This amount is perfect for those unexpected emergencies, special events, a car upgrade, or even to kickstart a DIY project.This weekly amount is based on an example interest rate of 12.95%. Depending on your financial condition or whether you take out a secured or unsecured personal loan, your exact figure may be more or less.This figure is also based on a 5-year repayment plan, but it could be less if you extend your loan to seven.Whatever your reason for borrowing $10,000, Loansmart can make accessing a personal loan simple and hassle-free, with repayments starting from just $68 per week*. Looking For a Different Amount than 10k loan? Try our loan calculator. Enter any amount from $1,500 up to $75,000 for an estimate of your repayments and find what works best for you.*Subject to responsible lending checks and criteria. Based on figures as at November 2024. How to get a $10k loan If you want to borrow $10,000, it’s a lot easier than you might think.Just complete our simple 2-minute online application form and we’ll be in touch to get some more info from you.Once we get a clear picture of your personal situation and goals, we dive into exploring options. We love thinking outside the box and going the extra mile to find smarter solutions—that’s why we’re called Loansmart! Our reputation is built on arranging faster and fairer finance for you.As loan brokers, we put your loan application in front of our network of high quality low-cost lenders. More lenders means more chances of success!In many cases we can get loan approval within 1-2 hours*. We can even arrange same day payout – depending on the time of day you apply, the money will be in your account that same day* or the following morning.*Subject to responsible lending checks and criteria Why choose Loansmart At Loansmart, we’re all about giving you more options that fit your needs. Our team truly cares and works quickly to find better Personal Loan options for you.Providing smarter loan solutions is what we do best. Pay down debt faster and more affordably with low establishment fees, lower fees, and interest rates. Get more options from a team that genuinely cares.We’re not here to trap you in a cycle of high interest, fees, and debt. We want to help you find a better financial path, with extra money to make life a little more comfortable.Apply now for a $10,000 Personal Loan from Loansmart – or another amount of your choice. Apply now Try our Loan Calculator #### Car Loans NZ: Why a Car Loan Might Be Smarter Than Paying Cash When you’ve saved up a chunk of money, it’s tempting to hand it all over for your next car. No debt means no interest, right? Not always. In fact, in many cases, using car loans NZ can be a smarter move than draining your savings.At Loansmart, we help Kiwis make borrowing decisions that are fast, fair, and financially smart. Here’s why keeping your cash and using a Loansmart car loan might be the better option. 1. Keep Your Savings Safe Paying cash can wipe out your savings in one go. That’s risky if life throws you a curveball — like urgent home repairs or a sudden change in income.With a car loan, you keep your emergency fund intact and spread the cost of your car over manageable repayments. Loansmart offers flexible terms from 6–84 months, so you can choose repayments that fit your budget. 2. Drive a Better Car, Sooner If you’ve saved $8,000, you might have to settle for an older used car. But with a competitive-rate car loan, you could afford something newer, safer, and more fuel-efficient now — without waiting another year to save up.Newer cars can mean fewer repairs, lower running costs, and added safety features. With rates starting from 9.95%*, Loansmart helps you get the car you actually want. 3. Save Money in the Long Run A reliable car with a warranty and better fuel efficiency can save you hundreds (or even thousands) over the years. Those savings can offset the interest you pay on your loan.Because Loansmart compares offers from multiple lenders, we help you find the best deal — so you’re not overpaying for your finance. 4. Build Your Credit Score Making regular, on-time loan repayments builds a positive credit history. That can help you get better rates for future borrowing, whether it’s for a home loan, renovations, or travel.Paying cash for a car doesn’t boost your credit score — but a well-managed car loan can. 5. Flexible Repayment Options With a car loan, you can spread the cost over months or years, making smaller repayments that work for you. With Loansmart, a $10,000 loan could cost you as little as $68 per week!We offer repayment terms of up to 84 months and a quick, 100% online application process.Many of our loans are approved in 1–2 hours* and can be paid out the same day*, so you can hit the road faster. 6. Interest Rates Can Be Low Some people avoid loans because they assume the interest will be too high — but that’s not the case with Loansmart. We get your application in front of multiple low-cost lenders so you can compare offers and pick the best one.If you have a good credit score, you could get an unsecured car loan from just 11.95%* interest, or a secured car loan from 9.95%*.Credit score not so flash? That’s ok! Poor credit history isn’t a deal breaker for us. We can arrange bad credit car loans for people whose credit scores have taken a hit. You may pay a higher interest rate, but it can be a great opportunity to rebuild your credit profile. 7. Pay Off Early if You Want Many of our loan options allow early repayment without heavy penalties. If you get a bonus or extra cash, you can clear your debt faster and save on interest. Car Loans NZ: Why Choose Loansmart? Quick applications — Apply online in 2 minutes.Fast approvals — 1–2 hour approvals* for many loans.Same-day payouts — Get your funds and your car faster*.More options — Compare multiple lenders for the best deal.Fair and caring — We focus on what works for you.At Loansmart, we make getting a car loan in NZ quick, easy, and fair. We’re all about taking the hassle out of applying for loans. Our 100% online process is straightforward and easy to understand. We jump through hoops so you don’t have to! Get in touch today to find out why so many of our customers just love the outstanding service they get from Loansmart.Apply Now!*Standard lending criteria apply. Approval times and payment speeds may vary. Apply Online Now Try our Loan Calculator #### Car Repair Loans How Car Repair Loans Work For many of us, our car is our lifeline. We use it for everything: travelling to and from work, picking the kids up from school, getting the groceries, and many other daily activities. Unfortunately, sometimes our cars let us down and need to be fixed. Being hit with an unexpected car repair bill can be devastating, especially if you’re just making ends meet as it is. The good news is that a Loansmart car repair loan can help you get back on the road without breaking the bank. Car repairs are getting more expensive According to the AA, even ‘simple’ car repairs are costing a lot more than they used to*. This is because new technology has made cars more complicated, requiring more time and parts to repair. For example, replacing a bumper on older cars typically costs up to $1,000, but on newer models, it can cost more than $3,000 due to things like in-built sensors and special protection coating which require specialist repair work. Windscreens also cost a lot more than they used to, due to additional calibration required for driver-assist technology. While having a newer model car can be lovely to drive, they come with the potential for a costly repair bill when something goes wrong. Even simple repairs can quickly amount to more than $1,000. If you don’t have an emergency fund for situations like this, getting a car repair loan could be the best way to get moving again. Learn about how to start an emergency fund How to get a car repair loan with bad credit If you need to get your car fixed urgently but you have a bad credit score, there’s no need to turn to a high-cost payday lender to get back on the road. People with bad credit often turn to high-cost lenders – with interest rates of more than 50% per annum – but Loansmart can give you low-cost options. Bad credit isn’t a dead end for us. We’ve helped lots of people with poor credit scores get loans after other lenders turned them down. Learn more about getting a bad credit loan. What if you already have other loans? If you’ve already borrowed money from other lenders, you can easily consolidate your debts into one loan with Loansmart. A debt consolidation loan can save you a lot of money in repayments by bringing your loans together under one low-interest rate. If you need car repairs done urgently but already have loans, talk to the experts at Loansmart. We provide smarter loans at low cost with no hassle, so you can get on with the most important things in life. Loansmart has a help section on how you can get on top of debt. Check it out, it’s jam packed with lots of helpful tips on improving your score, and how to get the best debt consolidation loan. Get on top of debt Our process The great thing about Loansmart is you don’t have to jump through hoops just to get a loan – we take care of all that for you.Our online application takes just 3 minutes. Our team will give you a call to get some more information, and then we put your loan application in front of 11 different lenders to get you the best deal.We then present you with some options and you pick the best one for you. Easy!Get in touch with our team today to discuss how we can help you get your car running again. Or if it’s time for a new ride, talk to us about car finance that puts you in the drivers seat! *Source: AA Insurance https://www.aainsurance.co.nz/newsroom/press-releases/price-of-hi-tech-cars Get in touch Now Apply Now #### Choosing a lender: One thing you may not know Why FSF Membership Matters Borrower well-being is our top priority Loansmart is a proud member of the Financial Services Federation (FSF). This accomplishment speaks volumes about our dedication to responsible lending practices, and we’re excited to share the benefits of choosing Loansmart as your go-to finance provider. In this brief blog post, we’ll explain how our FSF affiliate membership can make a significant difference to clients like you. We lend responsibly Being an affiliate member of the FSF means Loansmart has demonstrated compliance with responsible lending practices. These practices protect borrowers’ interests and ensure their financial well-being is top priority. A skilled, caring, and diligent approach is taken to our lending. As a client of ours, you will always receive honest and straightforward service from us. We support our clients through difficult times At Loansmart, we understand that financial hardships can happen to anyone. As an FSF member, we are committed to working closely with our clients to find workable solutions to navigate difficult times. We will liaise with the lender on your behalf to look at restructuring your loan or discussing alternative repayment options that will better suit your financial situation. Our primary objective is to treat our clients with empathy through difficult times and help them regain control of their finances. We're honest, fair, and reasonable At Loansmart, we are proud to adhere to the strict guidelines and principles set out by the FSF Code of Conduct. We believe that our clients should always be treated fairly, accommodating their needs and preferences with the highest level of integrity. We strive to uphold this code to its highest standards. Our team members follow the code in their daily interactions so that our customers may have the best lending experience possible.Here at Loansmart, we take pride in abiding by the FSF Code of Conduct. We think our customers deserve a high level of integrity and commitment, which is why we’ve become FSF members. Get a Free Assessment #### Cost of Living Loans: Borrowing To Cover Living Expenses Published: 1st February, 2024Last Updated: 27 June, 2026Author: Murray Greig, Founder of LoansmartWhat Is A Living Expenses Loan?A living expenses loan is a personal loan that can help cover essential costs such as rent, groceries, utilities, insurance and transport during temporary financial hardship. If you’re struggling with multiple debts, a debt consolidation loan may be a better option, as it can combine existing high-interest debts into one more affordable repayment while improving household cash flow. Before borrowing, it’s important to ensure the repayments are affordable and suitable for your financial circumstances.Key Takeaways: Cost Of Living LoansA personal loan can be used to help cover living expenses such as rent, groceries, utilities and transport during temporary financial hardship.Debt consolidation may reduce monthly repayments by combining multiple high-interest debts into a single lower-cost loan with a longer repayment term.Because lenders assess affordability as part of the loan approval process, reducing your monthly debt repayments may improve your affordability and increase your ability to qualify for additional lending, subject to lender criteria and responsible lending requirements.A lower monthly repayment can improve household cash flow, although a longer loan term may increase the total interest paid.Loansmart compares multiple New Zealand lenders to find suitable unsecured loan options.Rising living costs continue to place pressure on many New Zealand households. Higher housing costs, groceries, fuel, insurance, utilities and other everyday expenses have made it increasingly difficult for some people to balance their household budgets. Increased prices and stagnant wages leave many people on the verge of financial instability.A cost of living loan, also known as a living expenses loan, is a personal loan that can be used to help cover essential expenses during a temporary period of financial pressure. Borrowers commonly use these loans to pay for rent or mortgage payments, groceries, power bills, transport costs, insurance and other necessary household expenses. This guide explains how living expenses loans work, who they may be suitable for, and the factors you should consider before borrowing money to cover everyday expenses. Why the cost of living has increased Why Has the Cost of Living Increased?Although annual inflation in New Zealand has eased to 3.1% in the year to the March 2026 quarter, according to Stats NZ, many everyday expenses remain significantly higher than they were just a few years ago. While the overall rate of price increases has slowed, households continue to feel the impact of higher costs for essential items such as electricity, groceries, insurance, housing and transport.As a result, many New Zealand families are finding it harder to balance their household budgets. Even people with stable employment and regular incomes can experience temporary cash-flow shortages when unexpected expenses arise or existing debt repayments become difficult to manage.Source: Stats NZ – Annual inflation at 3.1 percent in March 2026 quarter. What is a living expenses loan? A living expenses loan, or cost of living loan, is a loan that you can take out to cover your daily expenses, such as rent, food, bills, and other living costs.These loans can be short-term or long-term, and they can be secured or unsecured. You can use the loan to help cover a specific period of time or as an ongoing source of funding for your regular expenses. Should you get a loan for living expenses? Before getting a loan for living expenses, you need to consider your current financial situation.If you’re already struggling to manage your money, borrowing more could make things worse.However, if you have a stable income and can afford the repayments, a cost-of-living loan could help you stay afloat during financially difficult times.You should also compare interest rates and fees from various lenders to find the best deal. What are the benefits of a living expenses loan? A living expenses loan can provide a few benefits, including both short-term and long-term perks.Short-term advantages include the ability to stay current on your bills, preventing late fees or service cutoffs. Also, they’re a better option than buy now pay later or high-interest credit card debt if you get a good interest rate.Long-term benefits include the chance to build credit and increase your financial stability. How could a debt consolidation loan help keep down costs? One way to get the money you need to cover the increasing cost of living, while also lowering your loan repayments, is through a debt consolidation loan.Debt consolidation combines multiple existing debts into a single loan. Depending on the interest rate and repayment term, this can reduce your regular monthly repayments, improve household cash flow and make your finances easier to manage. Because lenders assess affordability when reviewing loan applications, lower monthly repayments may also improve your ability to qualify for future lending, subject to lender criteria and responsible lending requirements.Overall, it can be better to take out one larger loan over a longer period of time, than to have lots of small loans, or use credit cards or buy now pay later services like Afterpay.Loansmart specialists in providing debt consolidation loans to Kiwis who want to get themselves in a better financial position, and lower their loan payments.One recent example is the King family, who were drowning in a large amount of high-interest debt and had a poor credit score. The Loansmart team consolidated several of their high-interest loans into a new loan over a longer period, lowering their monthly loan payments from $2,000 to just $740! Plus, they ended up with $5,000 cash to complete much-needed house renovations.Debt consolidation loans can be a great solution to help people on the path to better financial health. The following table provides examples of how Loansmart has helped New Zealand borrowers improve their financial position through debt consolidation.  Weekly Savings Client Main Issue Loansmart Solution $840/week Shaun (Good Credit) $33k high-interest loan costing $1,100/week. Needed $10k loan. $43k consolidation loan & repayments reduced by $260/week What are some ways to manage increasing living costs? Borrowing money to cover ongoing expenses isn’t always the best solution. However, there are ways to manage increasing living costs independently.You can start by creating a budget, so you have a clear understanding of your expenses and can identify areas where you could make cutbacks.Shop around for good deals on items you regularly buy, avoid impulse purchases, and maintain a good credit score so you can qualify for more favourable loans and credit cards. How Loansmart can help you manage your living expenses Choosing Loansmart is the smart way to get a handle on your finances. We move fast to get you the results you need, quickly. With our 3-minute online application and same-day approval, you’ll have the cash you need in no time.When you apply for a loan through Loansmart, we scout various lenders to find you the best deal. As a result, you only have to submit one loan application, but it gets reviewed by multiple lenders. Your credit score can be negatively affected if you apply for too many loans, so you should make as few loan applications as possible.Rather than you jumping through hoops, Loansmart does the heavy lifting for you. Simply choose the best deal for you, and we’ll handle the rest. The money you need will be at your fingertips on fair terms before you know it.Contact Loansmart today for a free, no-obligation chat about your financial goals. Cost Of lLving Loans FAQs Can I get a loan to pay my living expenses? Yes, it is possible to use a personal loan to cover essential living expenses such as groceries, utilities, transport or other everyday costs, provided you meet the lender’s approval criteria. Can I use a personal loan to pay rent or bills? Yes, many lenders allow personal loans to be used for essential expenses such as rent, mortgage payments, electricity, insurance, rates and other household bills. The loan must be used responsibly, and approval depends on factors such as your income, existing financial commitments and ability to afford the repayments. If you’re struggling with multiple debts as well as living expenses, a debt consolidation loan may also be worth considering. Is a living expenses loan a good idea? Yes, a living expenses loan can be a good idea, especially if you’re starting to fall behind on repayments. Missing loan or credit card payments can lead to additional fees and negatively affect your credit history.Rather than simply borrowing more money, a debt consolidation loan may allow you to combine multiple high-interest debts into one more affordable repayment while also accessing the extra funds you need for everyday living expenses. This can help improve your cash flow and make it easier to stay on top of your finances. Apply Now Contact Us Today! #### Could A Debt Consolidation Loan Help You? A debt consolidation loan is an option for anyone with more than one loan. But can they actually help improve your finances over time? Learn how to determine if a debt consolidation loan is right for you, and how to maximize its benefits.Here are some of the most common questions about debt consolidation loans answered by Murray Greig, Managing Director of Loansmart. Firstly, let’s start by understanding what a debt consolidation loan is. What is a debt consolidation loan? A debt consolidation loan is where a lender takes multiple sources of debt including credit cards and puts them all together in one loan.What types of debts can be consolidated?Existing credit card debtsExisting loansCash loansCar repaymentsBuy-now-pay-later balancesOverdue bills and finesHire purchasesBy having one single loan over a longer period, instead of multiple short term loans, you can make your loan repayments more affordable.It can be very easy to miss a payment when you have multiple loans, credit cards, or repayments to manage. It can also be a nightmare to keep track of all the different interest rates and fees that vary from loan to loan.A combined loan simplifies your finances and, when done well, sets you up for repayment success. How to use a debt consolidation loan Consolidated Loans can be great for managing debt, but to be successful they depend on three factors:Choosing a low-cost lender, so your interest rates and fees are reasonableMaking sure your repayments are affordable, so you can meet your loan payments on time.Not incurring any more debt e.g. credit cards or afterpay purchasesIf you follow these three principles, debt consolidation can simplify your finances and make debt repayment easier. Are debt consolidation loans bad for your credit? Some people believe that debt consolidation loans are bad for credit. In fact, they can actually boost your credit score. Here’s why –All your existing loans are repaid, which can help improve your credit score.Debt consolidation loans from a low-cost lender, with the emphasis on the lost-cost part, can make repayments more affordable. Having more affordable repayments allows you to meet your repayments on time each month.When you meet your payments on time, your credit score can actually improve!Late payments on loans or bills can damage your credit score. You could be penalized for even a few days of lateness. Be sure your debt consolidation loan payments are affordable and timed to coincide with when you get paid. Do debt consolidation loans give you money? This is another commonly asked question. You can apply for some extra cash at the same time. At the end of the day, it all comes down to affordability.If you can afford your repayments with the loan top up at the same time, then you’re more likely to get it approved. Who qualifies for debt consolidation? Anyone can apply for a debt consolidation loan but you need to be over the age of 18. Whether or not you are approved will depend on affordability.By law, lenders are required to ensure that borrowers can comfortably afford their repayments. Can I get a debt consolidation loan if I have a bad credit score? Before making a decision about a loan, responsible lenders take the time to learn about your personal circumstances and current financial situation. It all comes down to affordability.There’s a good chance you can get a debt consolidation loan if you can comfortably meet your repayments. To help make your repayments more affordable, you may need to spread your loan out over a longer period. Is it better to get a debt consolidation loan? Are you currently paying off more than one loan?Are you struggling to meet your repayments?Are you overwhelmed by credit card debt?Do you find it hard to keep track of all your repayments?Would you like to pay off debts more affordably?If you answered yes to any of these questions, then you may want to consider a debt consolidation loan from a reputable, low-cost lender.The primary goal with debt consolidation is to make repayments easier, but the secondary goal – and this is what matters most – is to pay off the loan. Paying off your loan may mean you need to make some lifestyle changes. Especially if you’ve had to top up your loans often, as this could mean you’re living beyond your means. What Is The Average Savings On A Debt Consolidation Loan? An analysis of debt consolidation loans by New Zealand company Loansmart found the following:The average Debt Consolidation loan is $15,000, with the smallest being $2,000 and the largest being $100,000.Most people consolidate between 2 -5 loans, with the smallest being two and the largest being 12.The average amount saved on monthly repayments is around 40%. What Is The Best Debt Consolidation Loan? One from a low cost lender that makes your repayments more affordable. The interest rate of your debt consolidation loan should not exceed the average of your existing loans. Ideally, it should be less.Also ensure your repayment period is affordable. Ensure you’re comfortable, but not too comfortable. Giving yourself enough wriggle room for savings (so that you won’t have to borrow any more money) while keeping your repayment amounts high enough to pay off your debt faster – that’s a perfect balance.You can also use your savings to make additional repayments and pay your loan off even sooner! Debt consolidation loan calculators can give you an indication of what your repayments will be, but your actual repayments depend on your loan interest rate. Your interest rate is determined by your credit score, which leads to the next point. Debt Consolidation Tips Don't apply to just anyone Too many loan applications can negatively impact your credit score. You may be perceived as living beyond your means because of excessive loan applications. For this reason, you want to apply with a company that is fair, affordable, and highly regarded.Additionally, it would be best if there was a good chance of them saying yes since a declined application will also affect your credit score. Look for social proof – what are other people saying about them? Independent third party websites like GMB are a great way to find out about a Loan Company.Take time to read comments – how are they rated for helpfulness, communication, solutions, interest rates, loan costs? Make sure you’re applying to a low-cost provider. High-cost lenders charge more than 50% per annum, but often only advertise daily rates so they can be quite deceiving!Instead of applying directly for an online loan, give the company a call first. Talk to them over the phone, and see what solutions they can provide before filling out an application. If you’re comfortable with their current interest rates, loan terms and fairly confident you’ll be accepted (pending a credit report and review of your bank statements first), then apply. Check your credit report first? Do you know what your credit score is? If you don’t you should find out! Obtain a copy to see what’s inside. Some clients are surprised to find negative information on their report that shouldn’t be there. They are unaware of this until they apply for a loan and a lender tells them. Be sure to correct inaccurate information on your credit report, or you may be unfairly penalized.Check out this article on why you should check your credit report. Along with knowing how to check it, you’ll also learn what to do if you find incorrect data. Key Consolidation Loan Takeaways A debt consolidation loan is where a lender takes multiple sources of debt including credit cards and puts them all together in one easy to manage loan. By having one single loan over a longer period, you can make your loan repayments more affordable.If you have multiple loans, credit cards, or repayments to keep track of, it’s easy to miss a payment. It can also be a nightmare to keep track of all the different interest rates and fees that vary from loan to loan.A combined loan simplifies your finances and ensures you’re set up for repayment success. Debt Consolidated Loans can be great for managing debt, but to be successful they depend on three factors:Choosing a low-cost lender, so your interest rates and fees are reasonableMake sure your repayments are affordable, so you can make your loan payments on timeNot incurring any more debt e.g. credit cards or afterpay purchases. Get a Free Assessment #### Credit Cards vs Personal Loans: What’s Cheaper in the Long Run? Published: 4th June, 2025Last Updated:16th March, 2026Author: Murray Greig  2025/06/04 Key TakeawaysCredit cards in New Zealand typically charge purchase interest rates around 20%–22% per year.Personal loans often have lower interest rates and fixed repayment terms.Credit cards use revolving credit, which can extend repayment periods for many years.Personal loans are fixed-term installment loans, meaning borrowers know the total repayment cost upfront.For larger balances or long repayment periods, personal loans frequently result in lower total borrowing costs.Although both allow you to borrow money, they operate very differently. Those differences can significantly affect how much interest you pay over time. How Do Credit Cards Work? Credit cards let you borrow money up to a certain limit. You can use the card as often as you like, as long as you don’t go over your credit limit. Each month, you get a statement showing how much you owe and the minimum payment.The catch? If you don’t pay the full balance, you get charged interest — and in New Zealand, that interest isn’t cheap. Common NZ Credit Card Rates According to the interest.co.nz credit card comparison tool, the standard purchase interest rates in NZ are typically around 20% – 22% per annum, depending on the card type and provider.But what does that actually mean? Here’s an example.Paying off a $2,000 ANZ or Westpac standard Visa or Mastercard by making only the minimum payment will take 16 years and result in $4,404 in total payments!That’s a decent chunk of change. But would you fare any better with a personal loan instead? How Do Personal Loans Work? Personal loans are typically fixed-term, fixed-rate loans. That means you borrow a set amount, repay it over an agreed term (say 2–5 years), and know exactly how much you’ll pay each week or month.Loansmart, for instance, offers unsecured personal loans with rates starting from 11.95% p.a. — much lower than most credit cards.You can borrow up to $75,000 unsecured (or $150,000 secured), with terms from 6 to 84 months, and repayments as low as $68 per week for a $10,000 loan.Let’s take a side-by-side look at how credit cards compare to personal loans. Credit Cards vs Personal Loans: Cost Comparison Feature Credit Cards Personal Loans Typical Interest Rate 20–22% p.a. Often lower, sometimes from ~9.95% p.a. Repayment Structure Minimum monthly payment Fixed weekly, fortnightly, or monthly repayments Loan Term Revolving credit with no fixed end date Fixed term (usually 6–84 months) Interest Accumulation Compounding if balance carried Calculated over fixed schedule Cost Predictability Harder to track long-term cost Total repayment known upfront Best User Small purchases or short-term spending Larger purchases or debt consolidation Example Comparison: Credit Card vs Personal LoanUsing the earlier example:Credit Card ScenarioBalance: $2,000Typical interest rate: 20%Minimum repayments onlyRepayment time: 16 yearsTotal repayment: $4,404Personal Loan ScenarioIf the same $2,000 balance is replaced with a 2-year personal loan at approximately 12.95% interest:Weekly repayment: about $28Total repayment: about $2,928This represents a potential saving of approximately $1,476 compared with carrying the balance on a credit card.Want to do your own calculation? Try our free online loan calculator. Try our Loan Calculator Why Personal Loans Often Cost Less Over Time Here’s why personal loans usually win in the long run:Lower interest rates (especially for people with good credit)Fixed terms so you know exactly when you’ll be debt-freeStructured repayments that stop you from digging a deeper holeNo revolving credit means you can’t re-spend what you’ve paid offYou can get a personal loan from a bank, but a smarter option is to choose a loan broker like Loansmart. As a broker, we can help you compare offers from multiple lenders so you can get the best rate possible — even if your credit isn’t perfect. Get a free loan assessment When a Credit Card Might Be Better While a personal loan is usually a better option in the long run, there are a few cases when a credit card could be the smarter option:You can repay the balance in full each month — many credit cards have up to 55 days interest-free.You need a small, short-term loan (e.g. $200 for groceries).You want reward points (but only if you don’t carry a balance).Just beware of the trap of the minimum payment. If you’re disciplined, a credit card can be a viable option, but for many people, it’s a sure way to get stuck in a cycle of debt. Debt Consolidation: The Smart Middle Ground Got multiple credit cards? A debt consolidation loan can be a smart way to take control. By rolling your debts into one loan with a lower rate, you could:Save hundreds in interest with rates from just 9.95%*Reduce your stressBorrow up to $75,000 unsecuredPay off debt faster with flexible terms up to 84 monthsBad credit options availableLoansmart offers tailored debt consolidation options, helping Kiwis swap high-interest credit cards for low-rate loans — all online, with no hoop-jumping.*Subject to responsible lending checks and criteria. Apply Online Now Credit Cards vs Personal Loans - so what's better? It depends on your financial situation and how you plan to repay the debt. If you need a larger amount of money and prefer fixed repayments over a set period, a personal loan is usually better. Personal loans often have lower interest rates than credit cards and give you a clear timeline to become debt-free.For example, borrowing $2,000 on a standard credit card in New Zealand (at ~20.95% p.a.) and making only minimum repayments could cost over $4,400 in the long run. The same amount on a personal loan at 12.95% over 2 years would cost around $2,928—saving you nearly $1,476.However, credit cards can work well for short-term or emergency purchases if you can pay the full balance each month to avoid interest. They may also offer rewards or interest-free periods.In general, a personal loan is better for larger, planned expenses or consolidating debt, while a credit card suits short-term use with disciplined repayment. Get a free loan assessment Try our Loan Calculator #### Dealing With Mortgage Arrears: How to Regain Control of Your Debt Published: 10 July 2026Last Updated: 10 July 2026Author: Murray Greig, Founder of Loansmart What Are Mortgage Arrears? Mortgage arrears occur when you fall behind on your home loan repayments. While missing a repayment doesn’t automatically mean you’ll lose your home, ongoing arrears can lead to additional fees, damage your credit history and, if left unresolved, increase the risk of a mortgagee sale. If you’re struggling to keep up with your mortgage repayments, acting early gives you the greatest opportunity to regain control. Options such as restructuring existing personal loans may help reduce your monthly repayments, improve household cash flow and prevent your financial situation from worsening. Key Takeaways Mortgage arrears occur when you miss one or more home loan repayments. According to the latest Centrix Credit Indicator Report, 1.29% of New Zealand mortgages are currently in arrears. Early intervention provides more options to avoid further financial hardship. Debt consolidation may reduce monthly repayments by combining multiple high-interest debts into a single, more affordable loan. Lower monthly repayments can improve household cash flow and help some borrowers stay on top of their mortgage repayments. Loansmart compares lending options from multiple New Zealand lenders to help eligible borrowers find suitable debt consolidation and lending solutions. Mortgage Arrears Are Affecting Thousands Of Kiwis Although inflation has eased to 3.1% in the year to the March 2026 quarter, many New Zealand households continue to feel the pressure of higher living costs. Housing, groceries, insurance, electricity and transport all remain significantly more expensive than they were just a few years ago. According to the latest Centrix Credit Indicator Report, 1.29% of New Zealand mortgages are currently in arrears. Based on 2023 Census data showing more than 1.17 million households own their home, this suggests that around 15,000 New Zealand households could be behind on their mortgage repayments at any given time. While mortgage arrears affect only a small percentage of borrowers, they represent thousands of households under financial pressure. The earlier homeowners seek help, the more options they typically have to reduce financial stress and avoid further arrears. At the time of writing, Trade Me listed 96 mortgagee sale properties across New Zealand, including 50 in Auckland alone. While mortgagee sales remain relatively uncommon, they are often the final stage of a prolonged period of mortgage stress and financial hardship. The good news is that a mortgagee sale is generally a lender’s last resort. If you’re experiencing financial pressure, seeking help early may provide more options to reduce your debt, improve affordability and avoid falling further behind. Real Client Story: How Loansmart Helped a Borrower With $70,000 in Mortgage Arrears Many people assume that once they’re behind on their mortgage, there are no options left. Mark’s story shows that’s not always the case. Mark originally contacted Loansmart because he needed finance to purchase a reliable vehicle. As we reviewed his application, we discovered a much bigger problem—he was carrying approximately $70,000 in mortgage arrears after being made redundant twice within a year. Rather than focusing only on the vehicle loan, our Financial Adviser took the time to understand what had caused the arrears and what Mark’s plan was moving forward. Mark explained that he intended to sell his home later in the year, providing a clear exit strategy. With a full understanding of his circumstances, we arranged a lending solution that did much more than finance a vehicle. The loan was structured to: Pay the full $70,000 mortgage arrears Clear an existing loan default Repay outstanding credit card debt Provide funds to purchase a reliable replacement vehicle To improve affordability, the loan was approved with interest-only repayments for 12 months, giving Mark breathing room while he prepared to sell his property. Instead of simply approving another loan, the solution addressed the underlying financial issues, helping Mark regain control of his finances and avoid further mortgage stress. Watch Mark’s story below to see how taking the time to understand a client’s full financial situation can lead to a better long-term outcome. Read the full case study: Marks Fresh Start After Falling Behind Read the full case study: Marks Fresh Start After Falling Behind What Happens If You Fall Behind on Your Mortgage? Falling behind on your mortgage repayments doesn’t mean your home will immediately be sold. Most lenders will first contact you to discuss your circumstances and explore possible solutions. The earlier you communicate with your lender or seek professional advice, the greater your chances of finding a manageable solution before arrears continue to grow. Ignoring the problem can result in: Additional interest and default fees Damage to your credit history Increased financial stress Reduced borrowing options in the future Mortgagee sale proceedings if no suitable solution can be found Can You Get a Personal Loan to Pay Mortgage Arrears? Yes, it may be possible to use a personal loan to pay mortgage arrears, provided you meet the lender’s approval criteria and can comfortably afford the repayments. However, if you’re already behind on your mortgage, it’s important to address the underlying affordability issue rather than simply borrowing more money. For many homeowners, a debt consolidation loan may provide a better long-term solution. By combining multiple existing debts into one more manageable repayment, some borrowers can reduce their monthly financial commitments and free up money to bring their mortgage repayments up to date. Because lenders assess affordability as part of the loan approval process, reducing your monthly debt repayments may improve your affordability and increase your ability to qualify for additional lending, subject to lender criteria and responsible lending requirements. How Debt Consolidation Can Help Debt consolidation combines multiple existing debts into one new loan. Rather than managing several loan repayments, credit cards and finance agreements each month, you make a single repayment. Depending on the interest rate and repayment term, debt consolidation may: Reduce your monthly repayments Improve household cash flow Simplify your finances Help you avoid missed repayments Reduce financial stress Free up money to help keep your mortgage repayments up to date While extending the repayment term can reduce monthly repayments, it may increase the total interest paid over the life of the loan. Real Example: Saving Emma's Home with Smart Lending Sometimes the difference between keeping and losing a home is finding the right lending solution before the situation becomes critical. Emma fell behind on her mortgage after the unexpected passing of her father. Funeral expenses, unpaid rates and overdue household bills quickly placed her under significant financial pressure. She initially applied for a small $4,000 loan to catch up on her mortgage arrears but was declined by mainstream lenders because of her existing defaults. After reviewing her situation, Loansmart identified that Emma had substantial equity in her home. Working with one of our lending partners, we arranged a secured loan that consolidated more than $40,000 of mortgage arrears, overdue bills and high-interest debt into one manageable loan. The result: Mortgage arrears cleared Credit card debt consolidated Utility bills paid Weekly repayments reduced by $100 Cash flow restored A pathway towards refinancing with her bank in the future Watch Emma’s story below to see how debt consolidation and smart lending helped her regain control of her finances and avoid losing her home. Read the full case study: Saving Emma’s Home with Smart Lending. What to Look for in a Loan Provider Loansmart is more than a loan broker. Our team includes licensed Financial Advisers who are committed to putting your long-term financial wellbeing first. Rather than simply finding a lender willing to approve your application, we take the time to understand your income, existing debts, household expenses and financial goals. We explain the lending options available to you and recommend the solution that is likely to provide the greatest long-term benefit for your financial situation. Once we’ve assessed your needs, we compare suitable lending options from our network of trusted New Zealand lenders. Instead of submitting multiple applications to different banks or finance companies, you complete one application and we do the hard work for you. The Loansmart difference Licensed Financial Advisers who recommend lending solutions based on your individual circumstances and long-term financial wellbeing. Access to multiple trusted New Zealand lenders through a single application. Expertise in debt consolidation and loan restructuring to help improve affordability where appropriate. Fewer unnecessary credit enquiries, reducing the need to apply with multiple lenders yourself. Ongoing support throughout the application process and beyond. Loansmart is also an Associate Member of the Financial Services Federation (FSF), demonstrating our commitment to responsible lending, ethical conduct and putting borrowers’ interests first. Every recommendation we make is guided by responsible lending principles, with the goal of helping you make informed financial decisions that support your long-term financial wellbeing. Whether you’re trying to catch up on mortgage repayments, reduce monthly debt commitments or consolidate existing loans, we’ll work with you to identify the most suitable solution for your circumstances. Frequently Asked Questions What are mortgage arrears? Mortgage arrears occur when you fall behind on one or more mortgage repayments. If the arrears continue to increase, your lender may begin working with you to find a solution before considering legal recovery action. Can I get a personal loan to pay mortgage arrears? Yes, some borrowers may qualify for a personal loan to help pay mortgage arrears. Approval depends on your income, existing debts, affordability and the lender’s assessment criteria. Can debt consolidation help with mortgage arrears? Yes. For some borrowers, debt consolidation can reduce monthly repayments by combining multiple high-interest debts into one more affordable loan. This may improve household cash flow and help borrowers stay on top of their mortgage repayments. Will falling behind on my mortgage affect my credit score? Missed mortgage repayments and loan defaults may be recorded on your credit history, which can affect future lending applications. Seeking help early may help minimise further financial damage. What is a mortgagee sale? A mortgagee sale occurs when a lender sells a property to recover unpaid mortgage debt after other options have been exhausted. It is generally considered a last resort after prolonged mortgage arrears. When should I seek help? The earlier the better. Seeking help before arrears continue to grow gives you more opportunities to restructure your debts, improve affordability and avoid more serious financial consequences. Take Control Before Mortgage Arrears Get Worse If you’re worried about mortgage arrears or struggling to manage multiple debts, don’t wait until the situation becomes more difficult. Loansmart compares lending options from multiple New Zealand lenders and may be able to help you consolidate your debts, reduce your repayments and improve your financial position. Talk to the Loansmart team today for a free, no-obligation assessment of your situation. Sources Stats NZ. Annual inflation at 3.1 percent in March 2026 quarter. https://www.stats.govt.nz/news/annual-inflation-at-3-1-percent-in-march-2026/ Stats NZ. Consumers Price Index: March 2026 quarter. https://www.stats.govt.nz/information-releases/consumers-price-index-march-2026-quarter/ Centrix. Credit Indicator Report (Latest Edition). https://www.centrix.co.nz/resources/credit-indicator-report/ Trade Me Property. Mortgagee Sale Properties in New Zealand. https://www.trademe.co.nz/a/property/residential/sale/search?search_string=mortgagee Apply Online Now Try our Loan Calculator #### Debt Consolidation Done the Smart Way Case Study: Kirsty The Need One of our clients, Kirsty, has come back to us several times, always happy with the amazing service she receives.After having a baby in 2024, she took out a few loans to help pay for baby-related expenses.Now that she’s heading back to work, she wanted to consolidate all three loans into one. The Challenge Kirsty’s main motivation for wanting to consolidate her debts was to make her loan payments more manageable, as making several repayments each month can be hard to keep track of.She also hoped to save a bit of money on her repayments.Kirsty also wanted to remove the security on her vehicle, as she wanted to sell it in the near future.Having a secured loan attached to it would make it more difficult to sell, so it was important that we provide the new loan unsecured. The Solution Kirsty’s friendly loan advisor arranged a new $20,000 debt consolidation loan, which combined all three existing loans into one.The loan was unsecured, meaning her car secured loan was paid off and she was free to sell it.Providing the unsecured loan turned out to be the clincher for Kistry – one of her existing loan providers wanted to keep her, but because Loansmart was providing an unsecured loan at a great rate, she chose us instead.At Loansmart, our clients love that we put their needs first. As an Associate Member of the Financial Services Federation, you can trust that the advice you get from our experienced loan advisors is in your best interests.Clients like Kirsty come back to us because they get the same great service every time, and their financial needs are met.As loan brokers, we provide our clients with access to multiple lenders, so we can usually present multiple options to you and help you choose the one most suited to what you needWant to find out how we can help you get on top of your finances? Get in touch with our friendly team today! Get a free loan assessment Try our Loan Calculator #### Dental Loans & Finance Need to Smile again? Are you in need of a dentist visit but have been putting it off due to the costs of dental care? We understand that a pending dental bill can really blow your budget and we want to help. That’s why we offer affordable Dental Loan so you can smile again. Loansmart offers prompt financial assistance for all dental treatments, with funds paid out within hours of your application being approved.  Rates between 9.95%* – 35.50 % Borrow up to $30,000 unsecured Borrow up to $100,000 secured Loan decision in 1 – 2 hours*    APPLY NOW   What Are Dental Loans?  Oral health is important but it often gets over looked due to exorbitant dental costs. Even the simplest dental procedures can leave you out of pocket. As not all dental practice offer dental payment plans or financing options, you are often expected to pay treatment costs upfront. This is impossible for most, especially when many health insurers exclude dental insurance from their policies or charge a premium for it. Sadly, many people avoid even a simple dentist visit for fear of being landed with expensive dental bills.  You deserve a smile that’s healthy and beautiful, and we want to help you to get that smile back again. That’s why Loansmart offer affordable dental finance plans with competitive rates and flexible loan terms. Our Dental Finance covers all dental treatments from root canals and emergency dental care to cosmetic procedures. Better still, there are no rules around which dental practice you have to choose.  We understand that time is a critical factor during dental emergencies, so our Emergency Dental Loan application process is fast and easy. Apply online for one of our Dental Loans in less than 3 minutes and you could be approved with hours.  What If I have Bad Credit?  You don’t need excellent credit to apply for Dental Finance. We believe in second chances, that’s why a bad credit score isn’t a dead end for us. We offer a range of personal loans for any financial situation, including Bad Credit Loans, Debt Consolidation Loans & Bad Credit Debt Consolidation Loans.    APPLY NOW   Need help? Our friendly team of consultants are available to talk you through the approval process at 0800 255 155. #### Emergency Fund 101: How Much Should You Really Have? Ask yourself, if something unexpected happens and your income suddenly drops, could you survive? Maybe you lose your job, or you have to take extended leave to care for a sick family member. Could you get by for a few months?This is where having an emergency fund is so important. It gives you a financial safety net to allow you to weather events like these stay afloat without diving into debt.Many Kiwis are unprepared for this. According to a survey, one in three New Zealanders don’t even have enough money saved to cover a $500 unexpected bill without going into debt. Another survey shows just 40% of people have at least $5,000 saved to cover emergency expenses.Unfortunately, even $5,000 wouldn’t go a long way to cover the average household’s expenses. So that begs the question, how much should you really have tucked away?Let’s break it down and help you figure out how much you should have saved and how to reach that goal. What is an Emergency Fund? An emergency fund is a stash of money set aside specifically for life’s “just in case” moments. Think car repairs, vet bills, or covering your expenses if you lose your job. It’s not for holidays, shopping sprees, or buying the latest gadgets — it’s your financial back-up plan.We all know life doesn’t always go to plan. Having a fund set aside means you’re not scrambling for a loan, relying on credit cards, or borrowing from mates when things go wrong. How Much is Enough? The “right” amount varies from person to person, but here’s a good rule of thumb:1. Start Small: $500 to $1,000This is a solid starting point. It’ll cover most small emergencies — like a flat tyre, minor dental work, or replacing a broken appliance. You don’t need to save this overnight. A little each week adds up faster than you think.2. Build Towards 3 Months of ExpensesOnce you’ve got your mini fund in place, aim for more. Ideally, you want enough to cover your essential expenses for 3 months. That includes:Rent or mortgageFood and groceriesUtility billsTransportInsuranceLoan repaymentsThis gives you breathing room if you lose your job or can’t work for a while.3. Go for 6 Months if You CanIf your income isn’t stable, or you’re self-employed, it’s smart to aim for 6 months’ worth of expenses. It’s not easy, but it gives you a bigger safety net and more time to bounce back from tough times. How to Work Out Your Magic Number It’s time to do a bit of simple maths. Don’t worry — nothing too tricky! Follow this guide to figure out how much you should have saved in your emergency fund.1. Write down your monthly essentialsAdd up how much you spend on the basics each month.2. Multiply by 3 (or 6)This gives you your emergency fund goal. For example, if your monthly costs are $3,000, then your 3-month fund should be around $9,000.3. Start saving bit by bitDon’t feel pressured to hit that target straight away. It’s okay to build your fund gradually.4. Where Should You Keep It?Your emergency fund should be easy to access, but not so easy you’ll dip into it on a whim. The best option could be a separate savings account with instant access and no fees.Avoid locking it into a term deposit where you can’t get to it quickly. And don’t mix it in with your everyday spending account — it’s too tempting. How to Build Your Fund (Without the Stress) We get it. Saving money when you’ve got bills to pay isn’t always easy. But it doesn’t need to be all or nothing. Try these simple tips:1. Set a small weekly goalEven $10 a week adds up to over $500 a year. Automate your savings so you don’t even have to think about it.2. Cut back — just a littleSkip a couple of takeaways each month or cancel that unused subscription. Pop that cash into your fund instead.3. Use your side hustleGot a bit of extra income coming in? Put it straight into your emergency fund.4. Round up your purchasesSome banking apps let you round up every transaction to the nearest dollar and stash the change. It’s a super easy way to build up savings without noticing. What If You Don’t Have One Yet? Don’t worry — you’re not alone. As we mentioned earlier, many Kiwis don’t have an emergency fund, but that doesn’t mean it’s too late. You can start today. Even saving a small amount regularly can make a huge difference when things go wrong.If you do hit a rough patch and need help covering costs fast, that’s where we come in. Loansmart provides smart, fair, and fast lending options. We’ll help you find a solution that fits — without the hassle.While we always encourage saving first, we know life doesn’t always wait. If you need a hand with urgent expenses, we’ve got your back.We offer:Same-day loans*Emergency cash loansFast approval (often within an hour or two)*No paperwork or fuss — 100% onlineOur team’s here to help you choose the best loan option for your situation, with flexible repayment plans and fair rates from just 9.95%*.We’re not just about fast loans. We’re about smarter solutions, honest advice, and helping Kiwis like you make confident money decisions.Apply now!*Subject to responsible lending checks and criteria. Get a free loan assessment Try our Loan Calculator #### Emergency Loans Fairer fees, lower interest rates Rates from 9.95%* Approval in 1 – 2 hours* Same day payout* Easy, 100% online or phone process Friendly, experienced team More options tailored to you *Subject to responsible lending checks and lending criteria. Emergencies Require Emergency Funds Unfortunately, emergencies are a part of life and when they happen you often need to secure finance quickly. In a financial emergency, people are less likely to shop around and more likely to take the first emergency loan they’re approved for. This may lead to them paying high interest rates and fees. Payday loans, or loans from High Cost Lenders can cause more problems than they solve. They are not the solution! There is a better option.  Loansmart Is Different We are a low-cost lender that provides emergency loans fast. Anyone can apply for an online loan through us. Even if you have a low credit score, we may still be able to help you. Interest rates on our loans start at 9.95%* and we tell you exactly how much it will cost upfront. Additionally, our online personal loan calculator will give you an estimate of the costs before you apply, so you know exactly what to expect. 100% Fast Online Processing Best of all we make applying for online emergency loans easy. We Move Fast  Most loans can be approved and paid the same day, once we have everything we need from you. We Make It Easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and access to your bank statements (we make that super easy and secure too!). We Make It Enjoyable  We keep you updated every step of the way, so you always know where you’re at with your application. We Make It Affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Most of our team have personal loans too! What Are Emergency Loans? Emergency loans are same day loans to help cover unexpected expenses that arise due to emergencies. Often any savings you have is not readily accessible, and it might not be enough. Emergency loans can provide quick financial relief in these types of situations. You can borrow up to $50,000 unsecured. Our most common emergency loan is $5,000 for $55 a week*.  Emergency expenses include:  Unforeseen Medical Expenses Emergency Vet Expenses Uninsured Car Repairs Urgent Automotive Costs and Repairs Uninsured House Repairs Dental Bills Funeral Expenses  Additional Moving Costs  Urgent Airfares Home Ownership Costs Mortgage Payments School Expenses or Any Unexpected Costs When emergencies arise and time is of the essence, the last thing you want to worry about is securing funding or having to go through lengthy application processes.  Loansmart emergency cash loans come with fair interest rates, an easy online application process, and a team of helpful staff to ensure you have one less worry to think about. Save time and make it easy on yourself with Loansmart.  APPLY NOW   How Do I Apply For Emergency Funds?  It’s easy! Apply for a quick same day loan by 2pm and if approved the funds will clear that evening or the following morning. You can apply for an emergency loan on any device through our  online loan application form – it only takes three minutes! When applying just let us know your loan is for an emergency so we can prioritise your application, but we strive to get approval within 1-2 hours*. What Are Your Loan Terms?  We can offer urgent loans to those in employment with regular income deposited into their bank accounts; it is that easy! So long as you can meet your repayments. Better still, even if you have a less than perfect credit score or even if bad credit, it won’t necessarily affect your loan eligibility. Need emergency funds but have bad credit or already have outstanding debts? We may still have options for you, learn more about our Bad Credit Loans and Debt Consolidation Loans.  Our repayment terms provide you with a longer period too, starting at 6 months. An affordable time period for repaying your loan is vital to ensure you don’t put yourself under more stress.  How Much Can I Borrow?  You can borrow up to $50,000 for unsecured loans and up to $150,000 for secured loans. Our loan interest rates start from as low as 9.95%* and repayments can be spread over 6 months to 10 years.  When Borrowing Money You Can Trust Loansmart Since being in business for over 10 years, we’ve helped tens of thousands of Kiwis with quick loans – you could say we’re experts in personal loans. We offers a wider range of rates than other lenders, starting at just 9.95%*. Almost all of our customers return to us when they need more financing for things like purchasing a new vehicle, expanding their homes, or planning a vacation. Over 25% of our loans are to existing clients. It’s because our customers love what we do, and we love helping them. Still not convinced? Read our 100+ 5-star reviews! At Loansmart, we value our customers and go above and beyond to offer a fantastic service. We can provide a loan for almost any need, such as Emergency Loans, Debt Consolidation Loans, Bad Credit Loans, Wedding Loans, Car Financing, or even a Small Business Loan. Still Have Questions?  Our Loan FAQ has answers to our most commonly asked questions or you can give us a call on 0800 255 155. Our friendly and dedicated support staff will be glad to help you should you have any questions.  APPLY NOW   #### Emergency Vet Loans & Finance Vet Finance NZ Wide Get the Financial Support You Need for Your Beloved Pet Quick and Easy Solution to Cover Your Pet’s Expenses Unsecured Loans Up To $50,000 All Credit Scores Considered Tailored Rates Starting from 9.95%* Apply Online – It’s Simple and Convenient! *Subject to approval and terms and conditions A pet can bring immeasurable joy and companionship to your life. However, if your furry friend has a vet emergency, trying to get the cash together to cover their vet bills can be difficult. At Loansmart, we understand the love and bond you share with your treasured pet. That’s why we’re here to help you swiftly cover vet bills and other pet expenses, ensuring they receive the care they deserve fast. And guess what? The process is incredibly easy, thanks to our hassle-free online application! Apply Now! Apply Now For Same Day Vet Finance* Quick Payout to Ease Your Worries When your pet needs emergency vet care, it can be super stressful, especially if you don’t have the money or insurance to cover it. Some clinics may even require an upfront deposit before treating your pet. We know time is of the essence when it comes to your furry companion’s health. We aim to expedite the loan process so that funds are available to you the same day, subject to responsible lending checks. Borrow Enough to Cover All Your Pet's Expenses We also know that emergency vet care can come at a steep price. Therefore, we provide unsecured loans of up to $50,000, with minimum loans starting at $2,000. At Loansmart, we firmly believe that your pet’s health shouldn’t be compromised due to financial constraints.Even though most vet bills fall well below $50,000, some clients prefer to consolidate existing loans to ease payments. It is for this reason that unsecured loans up to $50,000 are available through us. Consolidate Your Debt and Regain Financial Stability If you’re grappling with existing loans, Loansmart is also here to provide relief through our debt consolidation loans. Our extensive network of lending partners ensures access to competitive rates and flexible repayment terms. Your consultant is here to discuss your options and help you choose the loan that best aligns with your needs. Equine Finance Loansmart is committed to assisting you with other pet-related expenses as well. You can fulfill your dreams of owning a new pet or equine companion with the help of our finance options. Finance is available for horse floats, horse bridles and tack, saddles and accessories, equestrian apparel, riding boots, feeds and supplements, and horse grooming supplies. The true cost of owning an equine friend is well understood by us! We Help Borrowers That Have Previously Been Declined Vet Finance One of our vet finance clients had already been turned down by another lender. This was because she already had four loans. As she had lost time applying and being rejected by another provider, her distress was even greater when she came to us.Our team is already fast, but when situations like this arise we move at lightning speed. In addition to finding our client the extra funds she needed, we were able to consolidate her existing high interest loans into one low interest loan at a highly competitive rate. Her beloved pet received the care it needed, and she lowered her loan costs. We Assist Pet Owners With Good & Bad Credit Scores We understand that not everyone has a flawless credit score. Even if you find yourself dealing with a less-than-ideal credit history, we’re determined to help you. With access to a vast network of lenders, we tirelessly explore the best options available to suit your circumstances. So, don’t let a poor credit score discourage you from taking action and applying for the support your pet deserves. Discover the Loansmart Difference: Focused On Your Financial Well-Being Here at Loansmart, we take pride in our role as a licensed Financial Advice Provider authorised by the Financial Markets Authority. As affiliate members of the Financial Services Federation, we stand committed to safeguarding the interests and welfare of our valued clients. Contact our friendly team today or visit our website to learn more! GET MY LOAN NOW Contact Us Today! #### Empowering Kiwis: How Loansmart Helps Everyday New Zealanders Achieve Financial Freedom​ Financial stress is a growing concern in New Zealand. According to a recent Stuff article, over 2 million Kiwis experience anxiety about money, with 70% of women and 60% of men reporting financial stress.It’s no surprise, really: the NZ economy took one of the biggest hits compared with other countries last year. Our high interest rates and low economic growth have made things really hard for people as they struggle with increasing costs and less job security.While this issue is front and centre at the moment, it’s actually not a new problem, and it highlights the need for accessible and effective financial solutions.​Loansmart emerged around the time of the global financial crisis in 2008, with a mission of helping New Zealanders tackle financial challenges and achieve their goals.Since then, we’ve helped thousands of Kiwis achieve financial success and get back on track. With a focus on personalised service and responsible lending, Loansmart offers a range of loan options tailored to individual needs.​ Real Stories: Loansmart's Impact on Everyday Kiwis Loansmart regularly shares borrower experiences to highlight the real-world impact of our services. One recent example is Kirsty, a repeat customer who has returned to Loansmart multiple times, consistently praising the exceptional service she receives.Kirsty came to us for assistance after having a baby in 2024. She’d taken out several loans to cover baby-related expenses and, as she prepared to return to work, wanted to consolidate them into a single, manageable payment. Her goals were to simplify her repayments, save money, and remove the security on her vehicle so she could sell it.Loansmart arranged a $20,000 unsecured debt consolidation loan, paying off all three existing loans — including her car loan — and freeing up her vehicle for sale. While one of her other lenders tried to keep her, the competitive unsecured loan rate and trusted service from Loansmart made the decision easy for Kirsty.Stories like hers reflect why Kiwis return to Loansmart time and again: exceptional service, personalised solutions, and advice that puts their interests first. Taking Control: The Benefits of Debt Consolidation One of the most common ways we help people out of financial difficulties is through debt consolidation, a powerful way to reduce the costs of debt and get back on track.Managing multiple debts can be overwhelming, leading to missed payments and increased financial strain. Loansmart’s debt consolidation loans offer a solution by combining various debts into a single, manageable repayment. This approach not only simplifies finances but can also reduce interest rates and monthly payments. ​Take the Williams family, who consolidated $99,000 in personal loans through Loansmart, resulting in a weekly repayment reduction of $200 and a lower interest rate.Fantastic outcomes like this demonstrate how debt consolidation can provide significant financial relief and a clearer path to becoming debt-free.​ Built on Responsible Lending Loansmart’s responsible-lending ethos ensures every borrower receives advice tailored to their unique financial situation and long-term wellbeing. As the first loan broker to join the Financial Services Federation, Loansmart adheres to rigorous FSF standards that prioritise borrower protection, industry best practice, and collaboration with government on fair legislation.Holding a Full Class 2 Financial Advice Provider Licence (FSP #7461) from the Financial Markets Authority, Loansmart’s advisers are qualified to deliver independent, unbiased guidance at no cost to clients.By combining transparent processes, strict compliance with the Code of Responsible Borrowing, and ongoing support throughout a loan’s life, Loansmart ensures Kiwis can borrow smartly, confidently, and within their means. Money-Saving Tips for Financial Stability We’re not just here to provide loan services: we want to help you improve your financial health so you can achieve your goals.Here are some practical tips that could help you take back control of your finances: Create a Budget Creating a budget is key to managing your finances and achieving stability. By tracking your income and expenses, you can identify where to cut costs and save money.To start, gather all financial documents like bank statements, utility bills, and pay slips to get a clear view of your finances. Next, categorise your expenses into groups like rent, groceries, utilities, transportation, and entertainment. This helps you see where your money is going. Build an Emergency Fund Aim to save at least three months’ worth of expenses to cover unexpected costs.​ This emergency fund will provide a safety net in case of job loss, major car repairs, or unexpected medical expenses. Start by setting aside a small amount each month and gradually increasing the amount until you reach your goal.Learn more about how to start an emergency fund. Set Financial Goals Think about what you want to achieve financially in the short term and long term. Do you want to save for a deposit on a house? Pay off debt? Plan for retirement? Setting clear financial goals can help motivate you to stay on track with your budgeting and saving. Prioritise High-Interest Debt Focus on paying off debts with the highest interest rates first to minimise overall payments.​ Consider consolidating your debt to lower interest rates and make it easier to manage. Avoid Unnecessary Spending Differentiate between needs and wants to reduce impulsive purchases.​ Make a list of essential expenses and stick to it. Consider waiting 24 hours before making any non-essential purchases to see if you still want or need them.Keen to learn more? Check out our guides about how to improve your financial health. Why Choose Loansmart? It’s not hard to see why so many Kiwis trust Loansmart to help them achieve their financial goals. Our mission is to provide smarter, faster loans that take the hassle out of borrowing.Personalised Solutions: Tailored loan options to fit individual financial situations.​Transparent Processes: Clear communication and fast, straightforward application process.​Trusted Experience: 15+ years of helping Kiwis with financial solutions.Comprehensive Support: Ongoing guidance and resources to help clients make informed decisions.​By focusing on these principles, Loansmart continues to empower New Zealanders to achieve financial freedom.​Ready to take control of your finances? Start your journey to financial independence today! Apply Online Now Try our Loan Calculator #### Fast Loans Made Easy with Loansmart When time isn’t on your side, fast loans can be a lifesaver. Whether it’s an urgent medical expense, home repairs, or a personal emergency, traditional lenders’ slow approval processes simply don’t cut it. At Loansmart, we understand that waiting for days—or even weeks—isn’t an option when you need fast cash. That’s why we’ve built our service around speed, simplicity, and customer care. By offering fast cash loans and making our process completely online, we deliver the solutions you need—exactly when you need them. What are Fast Loans? A fast loan – also called a quick loan – is exactly what it sounds like. It’s a personal loan designed to get cash in your account quickly. Unlike traditional loans from banks or finance companies, where the application process can drag on for days or weeks, fast loans put money in your hands fast, sometimes within hours. This speed is critical for those facing unexpected emergencies like vehicle breakdowns, medical procedures, or short-notice travel. It’s also ideal for seizing time-sensitive opportunities, like funding home renovations or other projects without delay. Why Loansmart is the Go-To Choice for Fast Cash Loans At Loansmart, our motto is “smarter loans >> faster.” Here’s what sets us apart from the competition and makes us the preferred option for fast easy personal loans. Lightning-Speed Approval Process With Loansmart, your application can be approved in as little as 1–2 hours*. Apply early in the day, and we aim to pay out your loan on the very same day. 100% Online Process Forget piles of paperwork. We’re 100% digital, from our online application form to signing your digital loan documents. Our online loan application process allows us to streamline it and save you time. Multiple Lender Options We’re loan brokers. That means your application is shared with multiple lenders so you have more chances of approval. It also means we can secure the best deals for your financial needs. This tailored approach lets us provide fast cash lending that’s efficient and easy without compromising quality or customer service. *Subject to responsible lending criteria. Real Stories of Loansmart Customers Want to know if we’re for real? Check out these real stories from Loansmart customers that show just how effective Loansmart can be when time is of the essence. Jayda’s Story Jayda urgently needed $5,000 for funeral costs and couldn’t wait the several days typical banks require for approval. She turned to Loansmart because she needed the funds immediately, as the funeral was scheduled for the upcoming weekend. Our fully online process enabled Jayda to quickly apply using our online application form, and receive her approval within hours. Because she applied early in the day, we ensured she had the funds in her account in time for the service. Fast loans gave Jayda the relief she needed during a difficult time. Terry’s Story Terry needed $60,000 to complete home repairs before putting his house on the market. Time was critical, as delays in repairs meant he might miss out on his desired selling timeline. Initially, Terry turned to his bank, but he quickly discovered their response time would take over a week—a timeline that didn’t work for him. That’s where Loansmart came in. Terry applied using our online loan application form that takes just 2 minutes to complete. With our super quick loans, we approved Terry’s loan on the same day, and he was able to move forward with the repairs almost immediately. Meghan’s Story When Meghan reached out, she had a heartbreaking request—funding to cremate her beloved horse. Faced with an emotionally draining situation, the last thing she needed was the frustration of delays. Unfortunately, traditional lenders couldn’t meet her timeline, with one bank estimating a week-long wait just for a decision. She then turned to Loansmart. Thanks to our fast and simple online application process, Meghan submitted her request in under two minutes. We confirmed her details over the phone and approved her loan the very same day. While the circumstances were unfortunate, Meghan expressed gratitude for the speed and care Loansmart provided. How Loansmart Delivers Speed and Simplicity When life throws unexpected expenses your way, you need a lender you can trust to deliver fast, reliable solutions. With Loansmart, you get more than just speed; you get access to a network of lending partners, expert guidance, and the assurance that we’re committed to making your experience a positive one. Our fully online process is designed for ultimate convenience, and it doesn’t just apply to fast loans. We also offer: Emergency loans Wedding loans Debt consolidation loans Business loans Vehicle finance Same day loans Apply Now! FAQ How fast are fast loans? Pretty fast! We can usually get approval within 1-2 hours*, with same day payout possible if you apply early enough in the day. We process applications in the order we receive them, so the earlier in the day you apply, the better your chances of getting a same-day payout. Keep in mind that due to bank processing times, even if we payout your loan the same day, the money might not get to your account before the next day.*Subject to responsible lending checks and criteria What terms do you offer? We make sure you can afford your loan repayments by offering flexible loan terms, with a minimum loan term of 6 months, through to a maximum loan period of 7 years. How much can I borrow? With a fast loan from Loansmart you can borrow up to $75,000 with an unsecured loan, or $150,000 (sometimes even more) with a secured loan. Find out what your repayments would be with our free online loan calculator. Can I get a fast loan with no credit check? As a responsible lender, Loansmart does credit checks on all our loan applications. However, if you have a bad credit score, don’t worry. This doesn’t mean you can’t get a loan. We believe people deserve second chances, so even if you have bad credit history, if you have regular stable income and can afford the repayments, there’s a good chance we can find a solution for you. Have a chat to our friendly team about your financial situation and we’ll help you figure it out. What is the interest rate on a fast cash loan? Loansmart offers personalised interest rates, so your rate will depend on your individual circumstances. We offer very competitive rates, with unsecured loans from just 11.95%, and secured loans from 9.95%. Get a free loan assessment Try our Loan Calculator #### Financial Hardship Grows as Arrears Hold Steady The latest June 2025 Centrix Credit Indicator shows that while arrears may have stabilised slightly across the country, thousands of New Zealanders remain under growing financial pressure. And behind the headline figures lies a sobering reality — financial hardship is quietly but steadily rising.In May, 485,000 consumers were behind on at least one payment, up slightly from April but down 1% year-on-year. While that trend might sound encouraging on the surface, a closer look reveals some troubling patterns — particularly for long-term debt.Of those behind on payments, 81,000 people are more than 90 days overdue — a critical tipping point that often leads to debt spiralling out of control if not addressed. And this number has barely shifted, suggesting many households remain stuck in persistent debt.For Loansmart, these figures confirm what we’re hearing from Kiwis every day — many are stretched to their limits and struggling to see a way forward.“We’re hearing from people who have previously kept up with their bill and loan payments, but are now drowning in multiple debts,” says Murray Greig, Managing Director of Loansmart.“They’re not irresponsible — they’re overwhelmed. Life has just become harder to manage financially.” Mortgage Stress, Credit Struggles & Cost of Living Pressures While some improvement has been seen in mortgage arrears, which dipped to 1.44% (down from 1.49% the month before), this hasn’t been enough to signal relief for everyone.Personal loan arrears, for example, remain high at 9.4%, only slightly down from 10.1% earlier this year — and still above last year’s level of 9.2%. Buy Now, Pay Later (BNPL) arrears have crept back up to 9.0%, a red flag that short-term borrowing remains a go-to solution for those trying to bridge the gap between paydays.Even basic living costs are taking their toll. Telco arrears (for things like mobile and internet services) are sitting at a staggering 11.2%, and retail energy arrears remain at 4.3% — both unchanged from earlier this year and higher than 2024 levels.This tells us that many Kiwis are still falling behind not just on loans, but on everyday essentials — like power, broadband, and groceries. And that kind of stress builds up quickly. Financial Hardship Is Rising Fast According to the Centrix data, nearly 15,000 accounts have been flagged in financial hardship, up by 300 in just one month and rising steadily since late 2022.That’s 14.4% higher than last year, and the biggest chunk of these hardship cases — 46% — are due to difficulties with mortgage repayments. Another 28% are linked to credit card debt, and 18% to personal loans, painting a clear picture of widespread financial strain.The most affected age group? Kiwis aged 35–49. Many in this group are juggling mortgages, raising families, and coping with increasing costs across the board. These are the years that are supposed to bring financial stability — but for many, it’s turned into a balancing act with no safety net.“We’re seeing clients who are doing everything they can just to get by,” says Murray Greig.“They’re working hard, but every time they make progress, something else sets them back. That’s when a smart, affordable debt solution becomes life-changing.” How Loansmart Can Help You Take Control When your debt feels like it’s taking over, it’s hard to know where to start. That’s where a debt consolidation loan can really help.At Loansmart, we help you bring together all your existing debts — credit cards, personal loans, BNPL balances, even utility bills — into one easy-to-manage loan. This simplifies your repayments, reduces stress, and could even save you money with a lower interest rate.Why choose a Loansmart debt consolidation loan?Lower monthly paymentsFewer interest charges and service feesOne predictable repayment instead of manySame-day payout options for urgent needs*Flexible terms tailored to your income cycleStart improving your credit score over timeAnd because we work with a wide range of low-cost lenders, we’ll make sure you get a deal that fits your unique situation — not a one-size-fits-all offer.We also look beyond the numbers. Our experienced team takes time to understand your full financial picture and guides you through your options. We’re here to help you succeed — not judge or pressure you.Apply Now*Subject to responsible lending checks and criteria. Get a free loan assessment Try our Loan Calculator #### Fix Now, Pay Later – Jeremy’s Win Case study #1: Jeremy The Need Jeremy needed to complete some renovations on his home to get it ready for sale.He didn’t have the cash in the bank he needed to complete the renovations, so he asked Loansmart for help. The Challenge Jeremy was on a benefit, which significantly limited his ability to repay a loan.Normally, a loan is repaid on the principal and interest at the same time, but sometimes borrowers can go interest-only if they’re having trouble making the full repayments.However, even this wouldn’t have been affordable for Jeremy, whose benefit just barely covered his essential living costs.Most companies would simply decline any loan application from a customer in Jeremy’s situation.But luckily, he chose Loansmart, and smarter loans are our specialty!We pride ourselves on coming up with creative solutions to tricky financial situations. The Solution Loansmart is a loan broker, which means we utilise our network of low-cost lenders to find great deals for our clients.Jeremy’s friendly loan advisor found a lender who was willing to provide a fully capitalised loan for 12 months. This means instead of Jeremy making regular repayments, he was simply given the $40,000 he needed to fix up his house, which would be repaid with interest after the house sold.This is an example of the out-of-the-box thinking our loan advisors do every day.We’re passionate about helping our customers improve their financial circumstances. We really care about our clients and want them to succeed, which is why we jump through hoops to make sure they get a positive outcome. Case Study #2: Sadie The need Sadie needed $5,000 for some emergency expenses, so she applied to a well known finance company for a loan.She was declined because based on the company’s assessment, she couldn’t afford the loan repayments.Already having $45,000 in debt, Sadie just didn’t have the disposable income to cover another loan payment.She then applied for a loan with Loansmart, hoping that we could help her find a solution for her problem. The challenge Sadie’s existing debt was an issue, because the repayments on those loans limited her ability to pay back an additional loan.However, being loan brokers, Loansmart’s expert loan advisors know how to present potential deals to lenders, and therefore have a higher chance of getting our clients approved.Sadie’s loan advisor went back to that same company that originally declined her, and proposed a creative solution. The solution Loansmart was able to get Sadie approval for the $5,000 loan she needed.To achieve this, we arranged to have all her existing debts paid off and combined into a new loan, with the loan term spread over 7 years.This significantly improved the affordability, so Sadie could comfortably make the repayments and still have plenty of money left over.Sadie’s story shows the power of having a loan broker on your team – we managed to get her approval with the same company that first declined her!With our access to multiple low-cost lenders, and our ability to present fantastic deals, we significantly improve your chances of success.If you’re in a sticky financial situation, get in touch with our friendly team today to find out how we can help! Get a free loan assessment Try our Loan Calculator #### From Small Loan to Big Relief – Amelia’s Debt Consolidation Story Sometimes a client comes to us asking for help with one small expense – but when we take a closer look, it becomes clear that solving the bigger financial picture will make a much bigger difference. That’s exactly what happened with Amelia, who reached out to Loansmart needing help with urgent car repairs. What started as a small request turned into a solution that simplified her finances and saved her hundreds each week. The Need Amelia applied for a $1,500 loan to cover urgent repairs on her car. Without fixing the vehicle quickly, getting to work and managing day-to-day commitments would have become difficult. At first glance, it seemed like a straightforward request, a small loan to cover an immediate problem. But as we reviewed her application, it became clear there was more going on behind the scenes. The Challenge When we looked closer at Amelia’s financial situation, we discovered she had seven different debts, all with repayments coming out at different times. Managing multiple lenders and payment dates had become overwhelming, and it was clear she was struggling to keep everything under control. While the $1,500 would solve the immediate car repair issue, it wouldn’t address the bigger challenge of juggling multiple repayments each week. The Solution Instead of approving just the $1,500, we explored a full debt consolidation option that would simplify Amelia’s finances and give her some breathing room. We were able to secure an approval for $30,000, which allowed us to: Pay off all seven of her existing debts Provide the $1,500 cash she needed for her car repairs Consolidate everything into one manageable repayment. Even better, the loan came back with a very competitive interest rate of 14.95%. By consolidating her debts into one loan, Amelia reduced her overall expenses by around $200 per week, making her finances far easier to manage. Instead of multiple payments and lenders to keep track of, she now has one simple repayment and a lot more breathing room in her budget. Amelia was incredibly happy with the result and even left a positive review after the loan was completed – a great outcome for what started as a small request. Need help simplifying your finances? If you’re juggling multiple repayments or facing an unexpected expense, the Loansmart team is here to help. Get in touch with us today for a free loan consultation, and we’ll work with you to find the smartest solution for your situation. Get a free loan assessment Try our Loan Calculator #### Funeral Loans NZ Losing a loved one or close friend is not something you want to go through, but it does happen and typically it’s never planned for. Due to the unexpected nature of funerals, many people cannot afford the costs outright which range between $8,000 and $10,000. With Loansmart you can apply for funeral loans NZ in minutes, get an affordable funeral payment plan, and have the funds transferred into your account in as little as 24 hours, so that you can afford the service you want. Loansmart funeral loans help ease the burden of funeral expenses and save you time so you can focus on remembering and celebrating the life of your loved one.  Rates from 9.95%* Approval in 1 – 2 hours* Same day payout* Easy, 100% online or phone process Friendly, experienced team Repayment terms of 6 months – 10 years* Secured & unsecured loans APPLY NOW What aRE Funeral Loans NZ?  Loansmart Funeral Loans are a form of Personal Loan you can take out to pay for any funeral expenses. If you’ve been put in a position to fund a funeral outright or contribute to one, we understand that you may need fast financial assistance to help with the unexpected cost of funeral arrangements. With that in mind, we know that the last thing you need to be doing during this emotional time is stressing about funeral finance, that’s why we offer fairer Funeral Loans with lower fees and interest rates.  Funeral Loans NZ: What Do They Cover?  Our funeral loans can cover the entire funeral process including the cost of a funeral director, funeral ceremony, cremation cost or burial plot, and funeral home costs. Additionally, if you’ve already covered most of the funeral costs yourself we can help fund any additional funeral plans that may occur or unexpected funeral costs. Our Funeral Loans also cover memorial costs so you can remember your loved ones without the financial stress.  How Much Can I Borrow For Funeral Financing? With our Funeral Loans you can borrow up to $50,000 for unsecured loans and up to $150,000 for secured loans. Our competitive Funeral Loan rates start from as low as 9.95%*. What Are Your Loan Terms?  Our loan terms vary depending on your financial situation, as responsible lenders we want to ensure you can afford your monthly loan payments. Our minimum loan period is 6 months, and our maximum is 10 years. We can provide funeral loans to people in employment, who have regular income paid into their bank account and pass a credit check; it’s really that simple!  How Can I Apply?  Our online Funeral Loans application process can help ease the stress of arranging finance during a difficult time of loss. Simply apply for a same-day loan by 2pm and if approved the money will be in your account that evening or the following morning. You can apply for a Loan on any device through our online loan application form – it only takes three minutes. Alternatively, you can talk to one of our friendly team on 0800 255 155 who will be happy to guide you through the loan application process over the phone. Need funeral funds but have a bad credit score? We may be able to help with our Bad Credit Funeral Loans. To learn more see our Bad Credit Loans page or call us on 0800 255 155.  APPLY NOW How Much Does a Funeral Cost in New Zealand? According to Citizens Advice Bureau, the average funeral cost estimate can easily range between $8,000 and $10,000, with most of it having to be paid immediately. The list below shows just the basic necessities when paying for a funeral. Some of the costs you need to consider are: Funeral directors Funeral homes Flights & accommodation for family members Newspaper notices to inform friends of the deceased Burial expenses or cremation fees  Casket or urn expenses  Embalming Transporting the body, including hearse fees Venue fees for the church or funeral home services The celebrant’s or minister’s fee The organist’s (or other musician’s) fee Catering for the reception afterwards Presentations e.g. audio-visual gear for videos, slide shows or audio presentations Printing costs for service programmes Flowers Portrait of the deceased to be displayed during the service Thank you cards to send to attendees after the service Death certificate It all adds up. Our online loan application process is simple and takes only 3 minutes to complete – you can even apply on your phone or tablet. APPLY NOW When Borrowing Money You Can Trust Loansmart We’ve been in business for over 10 years and helped tens of thousands of Kiwi’s to date with our personal loans – you could say we’re experts in personal lending. We are low-cost personal loan lenders offering competitive interest rates, starting at just 9.95%*. The majority of our customers actually come back for another loan when they need another round of financing like upgrading a car, doing a house extension, planning a holiday and more.  Over 25% of our lending is to existing clients. This is because our customers love what we do, and we love helping them. Still not convinced? Read our 400+ 5-star reviews! Get your loan today Funeral expenses finance tailored to your needs Friendly, fast and efficient application and payment process, helping you when you don’t need any further stress Emergency Funeral Loans or top up an existing funeral fund Repayments to suit, fixed interest rates, and a dedicated loan account manager who understands what you’re going through Experienced funeral fund lender – Loansmart helps hundreds of families every year with funeral expenses If you need to discuss your individual requirements or need help with the loan application process, give us call us on 0800 255 155.  APPLY NOW #### Get $5,000 for around $55 per week! Quick Cash Loans Get $5000, for around $55 per week!*Life is unpredictable and so there are times when we need some quick cash. When unexpected expenses such as extra bills, car repairs, vet bills, dental bills and appliance repairs arise, you may not always have the cash to cover them.That’s where our quick loans come in! Our friendly team can help you access the funds you need to cover surprise expenses. Unlike banks, where the loan approval process can take weeks, we understand emergencies can’t wait.Our quick online loan application form can be completed in just a few minutes with approval in 1-2 hours*. Loans are typically paid out within 1 – 2 business days. As a Loansmart client you benefit from:Competitive rates from 9.95%*Same day approval and payment*Easy loan application processRepayment options of 6 months – 10 yearsFlexible repayment optionsFriendly service and supportive staffAll you have to do is apply online. One of our loan consultants will be in touch from there. Our minimum loan term is 6 months, with our maximum loan term 5 years for unsecured loans. Apply Today! Apply Online Now What Can I Use a Quick Cash Loan For? In short – you can use your quick loan for anything! However, some of the most popular types of loans we see are:Car Repairs LoansDental LoansFuneral LoansSchool feesHoliday flights, accommodation and expensesWedding LoansVet Bill LoansEmergency LoansPaying off Credit Card debt How Much Can I Borrow? With an unsecured loan from Loansmart, you can borrow up to $75,000. Larger loan amounts of up to $150,000 are available as a secured loan.Although how much you can borrow depends on your current situation and credit history. Naturally, we’ll look at your monthly income and current monthly expenses to work out what you can afford. We make this easy too, by sending you a secure link to access your bank statements, so you don’t have to download, print out and email them to us.Use our handy Loan Calculator to get an estimate and see how much your loan repayments will be. Our most popular lending amount is $5,000 which can work out to only $55 per week. Your repayment amount will depend on your interest rate, which is tailored to your situation, along with the length of your loan.  What Are Your Cash Loan Terms? The maximum loan term we offer for unsecured loans is 5 years. For secured loans the maximum is 10 years.When you apply for a loan, your Loan Consultant will discuss the best loan option for you, to set you up for payment success! For a full list of our terms and conditions, please visit our Responsible Lending page.You can also learn more about our Loan Process and read our FAQ’s. What If I Have A Bad Credit Score? Bad credit records aren’t a dead-end for us. Unlike other finance companies, we believe in second chances, that’s why Loansmart offers a range of Bad Credit Loan options including Bad Credit Debt Consolidation Loans and Bad Credit Car Loans. Our empathetic team takes the time to get to know your current financial situation, learn why you have a bad credit score and how you’ve worked to improve it.While approval depends on your individual situation and ability to meet payment obligations, our flexible lending criteria isn’t as tough as other lenders. We try our best to find you a personal loan solution. Did you know that every time you apply for a loan, a credit check is completed? If your credit record shows many credit checks in a short period of time, it can negatively impact your credit rating.So it’s really important you choose a company that is more likely to provide you with credit approval.That’s us! What’s more, because we are a low cost lender, you’ll still be eligible for a competitive rate. Loansmart is not a high-cost loan provider. High-cost loan providers typically promote a daily interest rate, but the annual interest rate is in excess of 50%. Our rates fall below 35.50%, and start at just 9.95%.Apply for a loan online now or call our friendly staff today on 0800 255 155. Can I time my loan payments to suit me? Absolutely, in fact we encourage our clients to time their loan payments to when they get paid. So if you’re paid weekly, opt for weekly payments. Or if you’re monthly, you can make a monthly payment. Timing your repayments to when you are paid can help improve your credit rating, as you consistently make payments on time. Flexible payment options are really important when choosing a Financial Service Provider. Apply Online Now We are a reliable and responsible lender who makes every aspect of the lending process transparent so there are no surprises.There are no hidden fees and our personal loans have fixed interest rates so you will have certainty and peace of mind throughout the period of your loan and any subsequent loan.Loansmart is 100% New Zealand owned and operated – we’ve been helping thousands of Kiwis for over 15 years. We have hundreds of happy customers with hundreds of five star reviews!No matter where you are in the country our knowledgeable team can assist you to get back on track, get ahead and get sorted.Our online application process for an instant cash loan is fast and efficient, or call 0800 255 155 and let our friendly customer team help you through the loan process. #### Get a 20k loan with payments starting at just $111 per week! Looking for a financial boost without breaking the bank? Look no further!Discover how you can secure a $20k loan with affordable payments starting at just $111 per week*. Say goodbye to financial stress and hello to newfound freedom with our smart loan solutions tailored just for you.This weekly amount is based on an example interest rate of 12.95%. Depending on your financial condition or whether you take out a secured or unsecured personal loan, your exact figure may be more or less.This weekly amount is based on a 5-year term, but we offer up to 7 years to pay. Borrowing $20k over 7 years could lower your weekly payments to $89 per week. What can you do with a $20k loan? There’s a lot you could do with $20k – you could use it to consolidate existing high-interest debt, get started on renovating your kitchen, or invest in a new business venture. Additionally, the funds could be used for upgrading your vehicle, finally going on that dream holiday, or throwing a truly unforgettable wedding party.Whatever your reason for needing $20,000, Loansmart makes getting a personal loan super easy.*Subject to responsible lending checks and criteria. Based on figures as at November 2024. Want a different amount? Try our loan calculator. Key in any amount up to $75,000 with a minimum of $1500 for an indication of your repayments. Steps to Obtain a $20k Loan Securing a $20,000 loan is easier than you might imagine.Simply complete our online application in just 2 minutes, and we’ll follow up for more details.We don’t take a one-size-fits-all approach – by understanding your unique circumstances and objectives, we explore a range of options for you.Providing quicker and more fair financing solutions is why we’re known as Loansmart! We go above and beyond to find innovative solutions.Our loan brokers work with a network of top-tier, affordable lenders, increasing your chances of being approved! Many times, we will secure your loan approval within 1-2 hours, and if you apply at the right time, money can be in your account the same day*.*Subject to responsible lending checks and criteria Why choose Loansmart Are you looking for a reliable lender with more options and helpful advice? Your search ends here!With Loansmart, you get a loan, a variety of choices, and expert guidance to ensure you make the right decision.Our team are all financial advisors registered with the Financial Services Federation (FSF). Your financial well-being is a priority for us. Loansmart holds a Full Class 2 Financial Advice Provider Licence issued by the Financial Markets AuthorityLoansmart adheres to FSF Code of Conduct standards, ensuring fairness and accommodating your preferences with integrity. Every team member upholds these principles.Choosing Loansmart means benefiting from:Top-tier responsible lending standards,A range of lending options, andFinancial guidance to clarify your choices.Customer satisfaction is our focus. We deliver exceptional service from application to loan repayment. Discover the Loansmart difference today! Our focus is on providing smarter loans – faster! Apply now Try our Loan Calculator #### Getting a loan online vs. going to the bank: Which is the best option when applying for a Personal Loan? Online Loans vs Bank Loans - Which Is Better? Online loans are known for fast access to funds, but speed isn’t always the most important factor. When comparing personal loans in New Zealand, it’s essential to look at interest rates, fees, and total loan costs. This guide compares online lenders with banks and answers common questions to help you choose the right option. How Online Loans Changed Personal Lending in New Zealand Online lending has evolved rapidly over the past two decades, changing how borrowers and lenders interact in New Zealand. Before digital applications became available, the process of applying for a personal loan was far more time-consuming and manual than it is today.Before the year 2000, there was no such thing as an online loan. Both lenders and applicants found the process cumbersome and inefficient. Loan agreements had to be written out by hand, repayment amounts and APR were calculated manually, and even small mistakes meant starting the process again from scratch. Same day loans were unheard of, and it’s easy to understand why.Murray Greig, Managing Director of LoanSmart, recalls those early days well. To assess a loan application, lenders needed to manually retrieve bank statements and payslips, while borrowers were often required to verify their identity in person. This made the entire process slow and inconvenient for everyone involved, with approvals often taking days rather than hours.Murray was at the front of the alternative lending market, embracing new technologies to make lending more efficient and accessible for both lenders and borrowers. When online loans first became available, they were a game-changer. The application process became simpler and significantly faster than traditional methods, removing much of the paperwork and complexity that had previously slowed lending decisions.“When online loans first became available, they were a game-changer for both borrowers and lenders. The process was simpler and quicker than traditional methods,” Murray explains. “It meant a lender could access all the information they needed to make a lending decision within a matter of minutes.”By eliminating manual calculations and paper-based form filling, online lending platforms allowed personal loans to be assessed, approved, and paid out within hours rather than days. This shift fundamentally changed borrower expectations and helped shape the way personal lending works in New Zealand today. How Do Online Loans Work? Online loans work by allowing borrowers to apply, be assessed, and receive loan decisions through a digital process rather than in person.Typically, a borrower completes an online application, provides identification, and shares financial information so the lender can assess affordability. The lender then reviews the application and offers suitable loan options. Once an option is accepted and documents are completed electronically, funds are paid out according to the lender’s timeframe. How To Apply For An Online Loan Applying for an online loan is a streamlined process designed to get funds to you as quickly as possible.To apply, you answer a few questions online, upload photo identification, and provide access to your bank statements. A consultant then contacts you to discuss your needs, assess your application, and present available loan options. Once you select an option, loan documents are emailed to you and the funds are deposited soon after. In many cases, a personal loan can be approved on the same day. Is Fast Lending Responsible? Yes – fast lending, including online loans, must still meet strict responsible lending requirements in New Zealand.Under the Credit Contract Act, all lenders, whether banks or finance companies, must act responsibly. This means they have to show that the loan meets your needs and that you can afford the repayments without suffering substantial hardship — in other words, the loan must be affordable. Whether you get a loan from a bank or an online lender, you go through the same affordability assessment and are protected by the same consumer credit laws. Is an online loan more expensive? Not always. While banks are often assumed to offer the lowest rates, this is not necessarily the case. In some situations, online loans can be competitively priced depending on the lender and the borrower’s circumstances. What Are The Benefits Of An Online Loan? Online Loans can work out cheaperPersonal loan interest rates in New Zealand typically range from single-digit rates for low-risk borrowers to higher rates for borrowers with more complex credit profiles. Online lenders often assess applications individually, which means some borrowers may receive pricing that compares favourably with bank loans once fees and total repayment costs are considered.Interest rates are tailored to youBanks commonly publish fixed personal loan rates with limited flexibility. Online lenders often take a closer look at factors such as income, expenses, and credit history, which can result in more personalised interest rates rather than a one-size-fits-all approach.You could borrow a larger amount onlineBanks typically offer up to $30,000 for unsecured loans, but online lenders like Loansmart can offer up to $75,000. That extra $45,000 can make all the difference if you’re renovating, buying a car or consolidating loans Are Online Loans Legit? Yes, online loans are legitimate in New Zealand when provided by reputable lenders that comply with consumer credit laws.Online loans can raise questions because the process is faster and more digital, but borrowers in New Zealand are protected by the same responsible lending and affordability requirements that apply to banks.Because online lenders differ in experience, cost, and service, it’s important to research who you borrow from. Established New Zealand-based lenders with a track record, transparent fees, and positive independent reviews are generally considered more reliable.  Loansmart is an established company with hundreds of positive reviews from genuinely happy customers. They are based in New Zealand with an office in Auckland, and offer loans NZ Wide.  How to Choose the Right Online Lender Choosing the right online lender comes down to total cost, transparency, reputation, and trust. Comparing APRs, avoiding high-cost lenders, checking reviews, and avoiding multiple applications can help protect your credit score. 1. Compare the total cost, not just the interest rate When comparing online lenders, focus on the Annual Percentage Rate (APR), not the advertised interest rate alone. APR includes both interest and fees, giving a clearer picture of the true cost of a loan. Always compare lenders using the same loan amount and repayment period for a fair comparison. 2. Be cautious of high-cost lenders Some lenders advertise very low daily interest rates that can translate into extremely high annual costs. In some cases, these rates can exceed 50% per year, meaning you may repay far more than you borrow. Lenders that do not clearly disclose their annual rates or fees should be approached with caution. 3. Look for social proof and reputation Before applying, check what other borrowers are saying about the lender. Independent third-party review platforms, such as Google Business Profile, can provide insight into how lenders are rated for communication, helpfulness, solutions offered, and overall loan costs. 4. Consider safety and data security Online loan applications require access to financial information to assess affordability. Secure lenders use protected systems to retrieve bank statement data without accessing your login details, helping keep personal information safe. 5. Avoid multiple loan applications Applying for multiple loans can negatively affect your credit score. Repeated applications may make it appear that you are struggling financially. It’s best to narrow your options, assess suitability first, and apply only when you’re confident you meet the criteria. Get a Free Assessment FAQ Are online loans more expensive than bank loans? Online loans are not always more expensive, but the cost can vary depending on the lender, fees, and interest rates. In some cases, the speed and convenience of online loans may come with higher costs, so it’s important to compare options carefully What are the benefits of applying for a loan online? Applying for a loan online offers convenience, faster application times, and the ability to apply without visiting a branch. Online lenders may also assess applications individually rather than offering a single standard rate. What are the drawbacks of applying for a loan online? Because online loans are easy to apply for, applying for multiple loans can negatively affect your credit profile. Costs and terms can also vary between lenders, making comparison important before applying. What should you compare before applying for a personal loan? Before applying for a personal loan, compare interest rates, fees, repayment terms, and the total amount you’ll repay. Focus on the Annual Percentage Rate (APR), which includes both interest and fees and shows the true cost of the loan. To compare fairly, use the same loan amount and repayment period when assessing options from banks and online lenders. Get a Free Assessment #### Got $50 a Week? Get a $5000 Loan Now!* Got $50 a Week? Get a $5000 Loan Now!* Did you know our most common Personal Loan amount is $5000?In most cases this works out to only $50 per week! This amount is perfect for a car upgrade, home renovation or a well deserved weekend getaway.No matter your needs, we can help you fund them. Taking out a Personal Loan is a big step, but we have been helping Kiwi’s with their Personal Loans since 2008.We believe everyone deserves access to fair, low-cost loans, that’s why we work to get you the best deal possible on your loan.Apply now for $5000 Loan from Loansmart – Smarter Loans >>>> Faster! Apply Online Now! #### Helping Gabriel Bring His Family Home Case Study #1: Gabriel The Need Gabriel moved to New Zealand from the Philippines in 2023, leaving his family back home to find a better life.His plan was to get a job and earn money to send to his family and eventually bring them all over to New Zealand. The Challenge Earning enough money to do this proved difficult for Gabriel, especially with New Zealand’s grim economic situation.He was getting by, but wasn’t able to spare as much as he’d hoped, so it was going to take a long time before he could bring his family over to New Zealand.He applied to Loansmart for a $5,000 loan to help with buying some household items, but we went beyond that to help him achieve his goals. The Solution Understanding Gabriel’s intentions of bringing his family to be with him in New Zealand, his loan advisor arranged a $20,000 loan.These extra funds enabled him to fast-track bringing his family here, as it covered paying for the flights and starting the visa process.This is exactly why so many Kiwis turn to Loansmart – we understand their needs and work hard to find personalised solutions.We don’t do a one-size-fits-all approach to lending – we take the time to understand your financial situation so we can set you up for success. Case Study #2: Morgan The Need Morgan’s car broke down and she desperately needed to replace it.She relied on her car to get to work, and because she is a shift worker, she couldn’t rely on public transport to get her around.Wanting something reliable and reasonably modern, Morgan figured $10,000 would be a good amount for a decent used car. The Challenge Morgan first applied to a major finance company for the loan but was declined due to some bad credit on her file.The bad credit was from a time when she was a student living in a flat and she had shared expenses with others, but they proved unreliable in paying their bills and her credit score suffered.Unfortunately, this is a relatively common scenario and highlights the importance of keeping accounts separate in shared living situations.In any case, Morgan’s credit score had taken a hit and this impacted her ability to get a loan, so she contacted Loansmart for help. The Solution Loansmart was able to get Morgan the $10,000 loan she needed, and it was through the exact same lender that declined her previously!This is because as loan brokers, Loansmart has long lasting relationships with top-tier lenders and we know how to negotiate great deals for our customers.By herself, Morgan was unknown to the company and they didn’t want to take a chance on her. But with a Loansmart loan advisor to go in to bat for her, a good deal was worked out for both parties.This demonstrates the power of using a loan broker like Loansmart, and how we can get positive solutions even when others say no.To find out what we can do for you, get in touch with our friendly team today! Get a free loan assessment Try our Loan Calculator #### Hidden Money Drains: 6 Subscriptions You Probably Forgot You’re Paying For Do you ever review your bank statement and wonder where your money’s gone? You’re not alone. With “set-and-forget” subscriptions everywhere, it’s all too easy to keep paying for things you no longer use — until your balance starts disappearing.In New Zealand, subscription models now cover everything from streaming and fitness to Lotto tickets and premium media access. While they offer convenience, these recurring charges can quietly erode your budget.Here are six subscription types Kiwis often forget, how much they might cost you, and what you can do about it. 1. Streaming Services You Don’t Use Streaming platforms have proliferated—Prime Video, Netflix, Neon, Apple TV+, Disney+, and more. Even if you signed up for free trials or multiple services, those fees often auto-renew.Here are some typical NZ rates (2025):Netflix:Basic NZ$17.99, StandardNZ$25.99, PremiumNZ$ 33.99Prime Video :NZ$10.99/monthNeon:NZ$16.99/month (for standard plan – discounted)Apple TV+:NZ$17.99/monthDisney+:NZ$16.99/monthIf you subscribe to three or more platforms but only actively use one, you may be paying NZ$30–60+ a month for unused content. What to do: List every streaming service you’re paying for. Pause or cancel those not used in the past 30 days. Many let you pick up where you left off later. 2. Fitness Apps & Gym Memberships Fitness subscriptions and gym contracts often run in the background:Gym memberships average NZ$20/week, or ~NZ$1,100/year, depending on the gym; some are a lot more and others a bit cheaper. If you’re paying for memberships or apps you don’t regularly use, why not put them on pause. Especially if you know you’re going to be away over summer for extended periods. What to do: Check your gym contract’s freeze or cancellation terms. Cancel or pause fitness apps not actively used. 3. Cloud Storage & Backup Services Cloud storage is ubiquitous—and often duplicated:iCloud, Google One, Dropbox, Box: many users maintain multiple overlapping plansPrices typically range from NZ$4 to NZ$16/month, depending on storage capacityPaying across multiple services can easily cost NZ$10–20/month without you realising. What to do: Audit file storage, consolidate to one provider, and cancel or downgrade the rest. 4. App-Based Subscriptions (Meditation, Language, Journaling, Tools) Micro-apps often use low monthly rates to avoid scrutiny:Calm / Headspace: NZ$12.99/monthDuolingo Plus / Babbel / Rosetta Stone: NZ$13/monthMyFitnessPal: NZ$14.99/monthEven a handful of these subscriptions can easily add up to NZ$40–60/month. What to do: Check your device’s subscription settings. Cancel apps not actively used. Re-enable only when needed. 5. Premium Media & Content Subscriptions Staying informed can cost more than you think:NZ Herald PremiumStuff +The Spinoff MemberPaid Substack newslettersThese often charge NZ$10–20/month and auto-renew quietly. What to do: Search your bank statements or email for “Herald Premium,” “Spinoff,” “Substack,” “Stuff+.” Cancel subscriptions you don’t frequently read. 6. Lotto Subscriptions — A Small Weekly Cost That Adds Up Many Kiwis subscribe to Lotto for convenience:A Triple Dip entry costs approximately NZ$18 per drawIf subscribed weekly, that’s ~NZ$936/yearFor a relatively low cost, that’s nearly as much as a household’s annual water bill. What to do: Set strict limits or pause subscriptions between big draws. Treat Lotto like entertainment—not essential spending. How These Drains Add Up Subscription Type Estimated Monthly Cost (NZ$) Annual Cost (NZ$) Streaming (3 services) $55 $660 Gym / Fitness Apps $60 $720 Cloud Storage $15 $180 App-based Tools $45 $540 Premium Media $20 $240 Lotto Subscription $78 $936 Total Estimated Cost ≈ NZ$3,276 / year That’s enough money for a holiday, additional loan payments, or a solid boost to savings — all swallowed by unnoticed subscriptions. Take Back Control: Steps to Stop the Drain Conduct a monthly subscription audit.Create a single spreadsheet list with service name, cost, and renewal date.Use one payment method for all recurring services for easier tracking.Turn off auto-renewals where possible.Review your list quarterly — cancel or pause what’s no longer useful. Be Smarter With Money Loansmart is committed to helping Kiwis make smarter financial decisions. We offer a dedicated resources hub to support better money habits:Be Better With Money – Tips & StrategiesIf your current repayment burden or subscription costs are stacking up, you don’t have to go it alone. Many Loansmart clients have saved thousands by restructuring their loans. Read their stories here: Borrower Success StoriesReach out for a free, no-obligation loan assessment to see how much you could free up in your monthly budget. Apply Online Now Try our Loan Calculator #### Holiday, Christmas and Travel Loans Are you planning an upcoming trip or holiday and wondering how you’re going to finance it? Or perhaps you’re planning an extra special Christmas but need a little extra cash to make it happen. If so, a Christmas or holiday loan could be the perfect solution for affording your dreams.With a travel loan, you can not only afford the journey of a lifetime but also make sure that it’s one where you don’t have to worry about money. Talk to the friendly team at Loansmart about how we can help you have the holiday of a lifetime. Let Loansmart help you have the ultimate holiday The holiday season is a time for family, fun and adventure, and sometimes you need a little extra help financing your big plans. When you work with Loansmart, you’ll find that we’re focused on your needs and don’t make you jump through hoops! We can help you get a great deal on a loan. Here’s how:Rates beginning at 9.95%*Approval and payout on the same day*Options for repayment ranging from 6 months to 84 monthsBorrow up to $75,000* with an Unsecured LoanBorrow more with a Secured Loan (Property and/or Vehicles)Easy 3-minute online loan application processPlanning for a holiday is exciting, and the friendly loan experts at Loansmart know how to get you what you need to make it happen. We’ve helped thousands of Kiwis with their holiday and Christmas dreams since 2008. Whatever your needs are, we can help! Our goal is to get you the best deal on your loan because we believe everyone deserves access to fair, low-cost loans.You can count on our team to provide excellent online service. Our clients love what we do, which is why we have so many returning customers. (Link to reviews page)*Subject to responsible lending checks and lending criteria.  Take the stress out of Christmas with Loansmart Want to make this Christmas one to remember, but need a cash boost to make it extra special? Loansmart makes it easy to get what you need at fair rates. With our quick and easy application process, you can choose a repayment plan that works for you. We work with loan providers who offer lower interest rates and quick, friendly service. Already have loans? Don’t think you can be approved for another? If you already have loans, you can get a free loan assessment through Loansmart. We can look at making your repayments more affordable, and get you the extra cash you need. Many of our clients come to us after being declined by other lenders. By making their current repayments more affordable, we can help them get the extra cash they need.Learn more about our Christmas consolidation loans. Holiday and Travel Loans FAQ What is a Holiday Loan? A holiday loan, also known as a travel loan, is a type of personal loan designed to help you finance your dream vacation or other leisure activities.They typically help to cover the costs associated with trips, such as plane tickets, hotels, car rentals, and entertainment expenses. You can also get Christmas loans to help you through the festive season. What are the benefits of a Holiday Loan? The best part of taking out a loan for holidays or travel is that it allows you to enjoy your trip without having to worry about how you will pay for it. You can use the loan funds to pay for a variety of expenses related to your trip, such as accommodations, food, entertainment, and transportation. How to apply for a Holiday or Travel Loan? Applying for a holiday loan through Loansmart couldn’t be easier with our simple 3-minute online application process. Just give us some basic details and we’ll be in touch with you to go over your application and get you the best deal. We put your application in front of multiple lenders and give you options so you can choose the best loan for you. Can I get a same day Holiday Loan? It is possible to get a loan the same day you apply. We process loans on a first come, first serve basis, so the earlier in the day you apply, the better your chances of being approved that day. Once you’re approved, the money could be in your account that same day, or the next day. All applications are subject to responsible lending checks. What are your rates for a Holiday Loan? Our rates for holiday, travel and Christmas loans are the same as for our personal loans: they start at 9.95%. The rate you get depends on things like your credit history, disposable income and how many other loans you have. Can I apply for a Holiday or Travel Loan if I have bad credit? The chances of your loan being approved are reasonable if you have a stable income and can afford your repayments. You may still be able to get a quick travel loan even if you have a poor credit history. Your personal circumstances are taken into account, and we try to understand why you defaulted on the payment. We are interested in your story, and don’t make decisions based on numbers alone.If you can provide a reasonable explanation, and you have a better chance of meeting your monthly payments, why shouldn’t you be given a second chance? We may offer you a secured holiday or travel loan if you don’t quite meet our normal lending criteria. In this case, we will require some form of security. Many times, however, we approve unsecured travel loans. Apply Now Contact Us Today! #### How a Debt Consolidation Loan Can Simplify Your Life Dealing with a bunch of different debts can be a real pain, like trying to juggle flaming torches – pretty stressful and risky! Keeping tabs on all those loans, credit cards, and buy-now-pay-later accounts, each with their own payment dates and interest rates, can feel overwhelming.If that sounds like you, debt consolidation loans could be a lifesaver. They’re a simpler way to get your finances back on track and maybe even set you up for a better financial future.Keep reading to learn more about what debt consolidation loans are, when to consider one, and how to apply. What Is a Debt Consolidation Loan? Think of a debt consolidation loan as a way to bundle all your debts into one. Instead of juggling multiple payments with different due dates and interest rates, you’d just have one single payment to keep track of.Often, these new loans can come with a lower interest rate than what you’re currently paying on things like credit cards. This could save you money in the long run and help you pay off your debt faster.Plus, having just one payment makes budgeting a whole lot easier. You know exactly how much you need to pay each month, which can free up some cash and definitely reduce stress.Basically, it’s a tool to make your financial life simpler, potentially save you some money, and help you get on a better track towards being debt-free. Real-Life Example: Sophie’s Story Sophie came to Loansmart needing just $3,000 to support her family, but she was declined by most lenders due to existing debts. Her loan advisor took a closer look and found that her multiple loans were eating up her income, leaving her with little left over.Despite initial setbacks, the advisor kept working and found a lender willing to consolidate all of Sophie’s debts into one $34,000 loan. This not only cleared four separate loans but also gave her $4,500 in cash. Best of all, her weekly repayments dropped from $400 to $250, saving her $150 each week!This is a great example of why a debt consolidation loan is so effective, and how Loansmart finds smart, personalised solutions when others say no.Want to find out how much you could save? Try our free online loan calculator. Benefits of Debt Consolidation Loans There are a number of clear advantages to taking out a debt consolidation loan, so let’s break those down.1. Simplified FinancesManaging one loan is inherently simpler than juggling multiple debts. It reduces the chances of missed payments and the associated penalties.2. Lower Interest RatesConsolidation loans often come with lower interest rates compared to credit cards or short-term loans. This means more of your payment goes toward reducing the principal balance.3. Improved Credit ScoreBy consolidating debts and making timely payments, you can improve your credit score over time. A better credit score can lead to more favourable loan terms in the future.4. Reduced StressFinancial stress can take a toll on your well-being. Simplifying your debts into one manageable payment can alleviate this stress and give you peace of mind. Is Debt Consolidation Right for You? Debt consolidation can be a smart play if you’re juggling a bunch of debts with high interest rates. When you roll all those debts into one new loan, you can potentially save some serious cash by getting a lower interest rate.Plus, let’s be real, keeping track of heaps of different payments with their own due dates is a headache. Debt consolidation simplifies things by giving you just one monthly payment to remember. This can make your finances way less stressful and help you avoid late fees.The idea of having lower monthly payments is also a major benefit. By stretching out the repayment time on your new loan, those monthly bills could shrink, freeing up some cash for other things or to get your finances in better shape.Make the Most of ItTo take full advantage of a debt consolidation loan, it’s important that you don’t go racking up more debt after you consolidate. Debt consolidation works best when you’re committed to better spending habits and avoiding future debt. If you don’t fix the reasons why you got into debt in the first place, consolidation might just be a temporary fix, and you could end up in an even bigger hole later on. Loansmart: Your Partner in Financial Wellness At Loansmart, we specialise in helping Kiwis consolidate their debts into manageable loans. Our process couldn’t be simpler:Apply: Complete our super quick 2-minute application formAssessment: We evaluate your financial situation to understand your needs.Options: We present you with loan options from our network of low-cost lenders.Approval: We work to get your loan approved quickly, often within 1–2 hours*.Payout: In many cases, we arrange a payout the same day*.Support: We provide ongoing support to ensure you stay on track with your repayments.Our goal is to help you achieve financial freedom with loans that are fair, affordable, and tailored to your needs. If you’re overwhelmed by multiple debts, a debt consolidation loan could be the solution you need. Contact Loansmart today for a free assessment and take the first step toward simplifying your financial life.*Subject to responsible lending checks and criteria. Apply Online Now Try our Loan Calculator #### How A Debt Consolidation Loan Helped These Four Borrowers Take Charge Of Their Finances Are you finding it difficult to keep track of multiple loan payments? If so, you’re not alone. With the current economic climate leading to more and more people taking out loans to cover basic living costs, having multiple loan balances can be overwhelming. Thankfully, debt consolidation loans can provide some relief. The series examines how four borrowers cut repayments, saved on interest costs, and even got top-ups to make managing their finances easier.Over the next couple of weeks we’ll follow these four borrowers through their journeys as they take on their new debt consolidation loan from Loansmart. Our hope is that by seeing how others have dealt with consolidating their debts, you will be able to learn something that you can use to help yourself. Firstly, what is a Debt Consolidation Loan? A debt consolidation loan combines all existing debts into one easy-to-manage loan. This helps borrowers save money as multiple high-interest loans are combined into a single, more affordable one. Spotlight on Debt Consolidation:The Jones Family How one family’s debt consolidation helped them save on high interest loans and borrow an additional $20,000 Current Reality Our first borrowers are the Jones family. They are a married couple with two children. They already owed around $65,000, but needed some cash for their daughter’s international sports competition.Rather than add another loan to the mix, they applied to consolidate their existing loans and get a top up. They had three loans:1. Harmoney – $45,000 ,2. GEM Visa – $2,700, 3. ANZ – $18,000. Desired Future The Jones’ wanted to:1. Lower their repayments and 2. Borrow at least $15,000.So how did Loansmart help achieve all this? Read on. Solution There are two types of personal loans: secured and unsecured. Secured loans can help get loan applications across the line, but they are not always needed.In fact the majority of Loansmarts loans are unsecured. Since they were applying for a reasonable amount, a secured loan was the best choice. For security they could offer a 2005 car.Their Harmoney loan was already at a good rate, so we left that as it was. Instead we offered them a partial debt consolidation, consolidating the following:ANZ: $18,000 @ 18.95%GEM Visa: $2,700 @ 26.99%Loansmart was able to offer the Jones’ a $40,000 loan at a reasonably competitive interest rate of 18.95% – on par with ANZ. After the above loans had been repaid, they were left with around $20,000 to cover travel costs.Monthly repayments are $977, and they have the option of making extra repayments without incurring extra fees. Key Takeaway Secured loans can be a good option if you are seeking a lower interest rate or want to borrow a larger amount. There is no point consolidating low interest loans into higher interest loans, as you end up paying more for them.A partial debt consolidation loan was a big win for the Jones family, they got to lower their costs and accompany their daughter on a very important trip! Next Up Our second debt consolidation example is the Smiths – a married couple that rents. The Smiths have quite a few loans already – $135,000 worth taken out over 7 loans.They were seeking to consolidate the full amount and borrow an extra $10,000. Sounds like a tall order! We’ll tell you how they got on next week. Want to know what the average debt consolidation amount is? Check out our handy infographic on Debt Consolidation By The Numbers.  Get a Free Assessment #### How a Small Business Financing Loan Can Help You Scale Faster Scaling a business is exciting – but it can also be overwhelming. Whether you’re expanding your team, launching a new product, or investing in better equipment, growth requires capital. And for many Kiwi business owners, that’s where small business loans come into play.A business loan isn’t just a safety net – it can be a smart, strategic move that helps you grow faster, stay ahead of the competition, and grab opportunities as they come. In this guide, we’ll walk through how a small business financing loans can help you scale, why flexibility matters, and how Loansmart makes the process faster, easier, and actually tailored to you. Why Do Small Businesses Need Finance to Grow? It’s no secret that cash flow is one of the biggest barriers to growth for small businesses. Even the most profitable businesses can hit a wall if they don’t have enough working capital to fund that next step.A small business finance loan can help you:Purchase more stock or raw materialsInvest in new equipment or technologyHire and train more staffMove into a bigger space or open a new locationRun bigger or better marketing campaignsCover large one-off expenses while keeping cash flow stableThese aren’t just costs – they’re growth drivers. And having access to quick, flexible funding means you can make things happen when it matters most. The Power of a Quick Small Business Financing Loan In the business world, timing can make or break an opportunity. Whether it’s a chance to stock up on discounted inventory, jump on a marketing trend, or secure a new contract, being able to move fast is a huge advantage.That’s why fast small business financing is so valuable.With a small business financing loan from Loansmart, you can:Apply onlineGet approval within 48 hours*Borrow up to $250,000It’s fast, it’s online, and it skips the paperwork-heavy process of dealing with a traditional bank business loan. No printing, scanning or waiting for a branch manager to get back to you – just simple, smart funding when you need it most. Smart Small Business Finance That Works for You Traditional lenders often have strict criteria, slow turnaround times, and limited flexibility. If you don’t tick every box, you’re out. But that’s not how Loansmart works.Our approach to small business financing is all about matching you with options that actually fit your business needs. That includes:Secured or unsecured loan optionsFlexible repayment terms from 6 to 84 monthsAccess to multiple low-cost lendersFair interest rates starting from 9.95%*This flexibility means you can grow your business on your terms, without the stress of unrealistic repayments or rigid loan conditions. No Jumping Through Hoops Running a business is already hard work – getting a loan shouldn’t add to the pressure. One of the biggest reasons business owners choose Loansmart over banks is because the whole business financing process is just easier.Here’s what you won’t need:Endless forms to fill outScanning and uploading piles of documentsSitting through multiple in-person meetingsWeeks of waitingLoansmart’s process is 100% online, quick and hassle-free. You’ll get clear communication, expert help, and fast answers – all without jumping through hoops. We Know Small Business Isn’t Easy—That’s Why We’re Different One of Loansmart’s biggest strengths is our people. They’re not just ticking boxes and pushing paperwork – they’re genuinely here to help. They take the time to understand your business and goals, then match you with loan options that make sense.Even if your credit isn’t perfect, or your bank has said no, you’ve still got options. Loansmart works with a wide network of lenders, so you get more choice and a better chance of approval.Our friendly advisors will walk you through everything, offer honest advice, and help you avoid overpaying on interest or fees. It’s expert guidance, without the hard sell. Stay in Control of Your Cash Flow One of the smartest things about business loans is how they allow you to spread out costs, instead of taking a big financial hit upfront. Whether you’re investing in stock, staffing, or systems, a loan gives you the freedom to scale without putting pressure on your everyday cash flow.Loansmart gives you the choice of flexible repayment terms – up to 84 months – so you can set up a plan that works for your business model and growth rate.With the right loan structure, you can:Keep monthly costs manageableMaintain strong cash flowReinvest profits back into the businessReduce stress during the growth period Is a Small Business Financing Loan Right for You? A loan isn’t the right move for every business – but it’s worth exploring if:You’ve been in business for at least six months and have a monthly turnover of at least $10,000 per monthYou’ve got a clear plan for how the funds will be usedYou know it will generate more income or efficiency long-termYou can comfortably manage the repaymentsLoansmart helps you weigh up your options, compare offers from different lenders, and make a decision that works for your goals. It’s about giving you confidence, not pressure.Apply Now!*Subject to responsible lending checks and criteria Apply Online Now Try our Loan Calculator #### How can I get a personal loan with bad credit? CAN I GET A BAD CREDIT LOAN? Bad credit loans are personal loans for people with poor credit. A lot of people think they have no choice but to choose high-cost lenders if they have a poor credit score, but that is not true. There are low-cost lenders like Loansmart that want to help people get in a better financial position. If you’re wondering “how can I get a personal loan with bad credit?” – this blog is for you! What’s the best way to get a bad credit loan? Choose a lender that is more likely to approve your loan and is low cost. It’s tempting to apply to every loan company, thinking you’ll have more chances of success, but every decline and credit check hurts your score.Read online loan reviews to see what other people have to say about the loan company you’re applying to first. Make sure you choose a company that has lots of positive reviews and has been in business for a long time.Try to keep your expenses under control for three months. When you apply for a loan, your bank statements are forensically analysed! You’ll have a better chance of getting your loan approved if you avoid discretionary spending. Avoid buy-now and pay later, cancel your streaming subscription, don’t go out for takeaways, drinks, or a night out. Stay away from casinos and don’t buy lottery tickets. Do everything you can to demonstrate you can afford your loan. What is a bad credit debt consolidation loan? Choose a bad credit debt consolidation loan if you already have loans. You can and ask for extra cash at the same time. By consolidating lots of high cost, short term loans and spreading them out over a longer period of time, you’ll make loan repayments more affordable.All your existing loans will be repaid which will help improve your credit score. With more affordable loan repayments, you’ll meet your payments of time and improve your credit score! What is bad credit? Your credit score is a personal rating that indicates how well you handle money. Lenders take this information into consideration when you apply for any type of lending, including personal loans and mortgages.Credit scores are measured on a scale of 0 – 1000. The higher the number, the better your credit score. Anything above 500 is considered ‘good’, and anything below 300 ‘bad’. According to Canstar, most people have a credit score between 650 – 768 (above average). Bad credit can negatively affect your ability to get a loan, as well as the interest and fees you will pay on it. Be sure to check out our Ultimate Guide To Improving Your Credit Score How do I know if I have bad credit? Most New Zealanders are unsure of their current credit rating, so don’t despair if you’re in the dark about your credit profile. Credit reports are free, but if you want one quickly then you will have to pay.There are three credit reporting companies in New Zealand. You can get a copy of your credit report, any one of them.CentrixillionEquifax How do I dispute something on my credit report? Occasionally, inaccurate or incomplete information finds its way into your credit report. This could unnecessarily hurt your chances of getting approved for a personal loan or securing a lower interest rate.Even if you do have a bad credit history, you should check your credit report for incorrect information, such as:Credit applications you never madePayment defaults you were unaware ofCredit enquiries that have not been approvedIt is possible to correct information in your credit report. Go back to the company that provided you with the credit report and tell them. You’ll be asked to provide evidence to support your claim. You should provide a written explanation for what you believe is wrong, including documents supporting your claim. Loansmart provides 7 Tips For Improving Your Credit Score. Can you fix bad credit? Yes. The good news is that your credit score isn’t forever. Most of your credit history gets cleared every five years. That means if you had financial troubles five years ago and couldn’t afford to pay your bills on time, but are better now, the chances are your credit score will have improved. How can I fix my really bad credit? You can improve your credit score by understanding what causes credit scores to drop. Credit scores can be affected by a lot of things, but the most common are not paying your bills on time, missing loan payments, and applying for too many loans. It’s easy to fall into these habits when you’re under financial stress, but you can bounce back from it.Pay your bills on time. Are you late paying your power, internet or phone bills? A few days late here and there can hurt your credit score.Limit the number of loans you apply for. When you apply for a loan, your credit is checked and kept on file. Too many loans can mean you’re taking on more credit than you can handle.Don’t share bills. If the other party doesn’t pay the bill, your credit is impacted too. It’s better to split bills entirely e.g. I’ll pay the power if you pay the internet and bond.Avoid buy-now, pay-later. Even if it’s interest-free, it’s also debt. If you miss a payment, that will leave a black mark on your credit rating. If you do use it, make only one buy-now, pay later purchase at a time.Avoid being a guarantor. That good deed could cost you dearly. If the person whose loan you’re guaranteeing doesn’t mee their payments, you’re liable for covering the costs and this will impact your credit score.Think about a bad credit debt consolidation loan if you can’t make your payments on time. Taking out a low-cost loan with a longer repayment period can make your payments more affordable. With more affordable loan repayments, you’ll meet your payments on time and improve your credit score! All your existing loans will be repaid which will help improve your credit score.Choose your lender carefully. It’s so easy to apply for online loans, but that’s the problem. It’s tempting to apply to every loan company, thinking you’ll have more chances of success, but every decline and credit check hurts your score. Read online loan reviews to see what other people have to say about the loan company you’re applying to first. Make sure you choose a company that has lots of positive reviews, and has been in business for a long time. What causes a bad credit score Many factors can hurt your credit score and cause you to fall below 300, which is considered bad. You’ve Missed Paying Bills On Time A few days of missed bills can mean the difference between having good or bad credit. For this reason, many people are unaware they have bad credit. Many think a few days late here and there wouldn’t make a difference, but it does! You’ve Defaulted On Loans Loan defaults can cause your credit score to dive substantially. If you have defaulted on a personal loan or multiple loans before you will most likely have a poor credit rating. Unfortunately, if you have acted as a guarantor for someone who has defaulted on a loan and failed to meet their repayments your credit score will also be affected. You’re Young If you are young, your credit score will likely be low. But that’s not your fault. You haven’t done anything wrong financially, you just haven’t had enough time to build up a credit history. You’ve Applied For Lots Of Loans A loan application will affect your credit score, so it is important to limit them. While applying for the odd loan application won’t have much of an effect on your credit score, multiple loan applications and rejections in a short period of time will. This usually indicates that you are applying for more credit than you can repay and acting financially irresponsible. Get a Free Assessment #### How Loansmart Helps Kiwis Reduce Repayments & Gain Freedom Case Study #1 - Nyasha Story: From a Small Request to a Smarter Solution The Need Nyasha came to Loansmart asking for $1,500 – she wanted to help her nephew pay education costs overseas in Zimbabwe. On the surface, it was a small and simple request. But like many of our clients, there was more going on behind the scenes. The Challenge Nyasha’s current debts included a secured car loan and several other commitments with high interest rates. She had also been thinking about upgrading her vehicle but wasn’t sure how to make it happen. The $1,500 she asked for would cover her nephew’s education fees, but it wouldn’t ease the bigger financial pressures or help her achieve her longer-term goals. The Solution At Loansmart, we always take the time to look beyond the immediate request and understand the bigger picture. For Nyasha, that meant exploring how we could not only cover her nephew’s education costs but also restructure her finances to make life easier and more affordable.The answer was a debt consolidation loan. We offered Nyasha a $30,000 unsecured loan that combined all her existing debts into one easy-to-manage repayment. This cleared her secured car loan, making her vehicle freehold, and gave her the $1,500 she originally needed for her nephew. It also meant she could trade in her car and upgrade to a newer model without any hassle. On top of that, the new loan carried a lower interest rate, reducing her repayments by around $85 per week.By rolling everything into a single debt consolidation loan, Nyasha now has fewer repayments to juggle, lower weekly costs, and the freedom to move forward with confidence. It’s exactly what Loansmart does best — creating solutions that don’t just meet the request, but improve the bigger picture.And just like Nyasha, you don’t need to have all the answers when you come to us. Many of our clients start out asking for a small loan but discover that a debt consolidation loan is actually the smarter solution. By rolling multiple debts into one, you can often lower your interest rate, reduce your repayments, and simplify your finances – just like Nyasha did.All you need to do is share what you’re trying to achieve. We’ll do the hard work to find the smartest way to get you there – whether that’s consolidating debt, freeing up cash flow, or unlocking new opportunities you hadn’t even considered yet. Case Study #2: Maria’s Smarter Loan: Renovations, Family Time, and Financial Freedom The need Maria came to Loansmart asking for $10,000 to renovate her family home overseas. It was an important project for her, but she was also juggling high weekly expenses that made saving nearly impossible. The challenge During our full assessment, we discovered that Maria was paying more than $300 each week to Afterpay. These payments were draining her finances and leaving her with little flexibility. On top of that, Maria had a dream of visiting her family overseas later in the year, but she doubted she could afford both the renovations and a trip abroad. The solution At Loansmart, we always look at the whole picture to find the smartest way forward. Instead of just approving the $10,000 Maria asked for, we structured a $25,000 debt consolidation loan. This gave her the funds she needed to complete her home renovations, clear her Afterpay balances, and still have enough left over to plan a trip to see her family for Christmas.The best part? Her repayments dropped to just $180 per week – a huge improvement compared to the $300+ she had been paying to Afterpay alone. That’s more than $120 in weekly savings, plus the ability to finally move ahead with her plans instead of feeling stuck.Maria was so overwhelmed by the result that she needed time to take it all in before calling us back. By consolidating her debts and restructuring her finances, we turned what felt impossible into a solution that gave her freedom, savings, and peace of mind.Like Maria, many clients come to us unsure of the best option. Our role is to uncover the solution that makes life easier, and improves their financial wellbeing in the long run.Many clients are also surprised to learn how a debt consolidation loan can reduce their repayments, simplify their finances, and unlock opportunities they never thought were possible.Want to find out how we can help you get on top of your finances? Get in touch with our friendly team today! Get a free loan assessment Try our Loan Calculator #### How Loansmart Makes Getting a Loan in NZ Easier Getting a loan in New Zealand can feel like a bit of a mission. Between paperwork, credit checks, and waiting around for someone to say yes, it’s enough to make anyone throw in the towel. But that’s where Loansmart flips the script. We’re all about smarter loans, faster approvals, and real people helping you get the financial boost you need without the drama. Here’s exactly how Loansmart makes getting a loan in NZ easier than ever. 1. It Starts with a 2-Minute Application Yup, you read that right—two minutes! That’s all it takes to apply online with Loansmart. After that, we’ll be in touch to get some more info from you and get to work matching you with a lender.You don’t need to dig through drawers for paperwork or scan and upload a stack of documents. Everything is 100% online, and super straightforward. No hoops. No fluff.Once your application is in, you can get a response in as little as 1-2 hours*. Same-day payments? Totally possible. When we say we move fast, we mean it. 2. No Hoop Jumping Required Unlike traditional banks that make you tick every box, jump through a bunch of hoops, and wait days for a response, we keep things easy. You don’t need to scan bank statements or sign anything in person. Our whole process is built to be hassle-free.Need cash quickly? We get it. Whether it’s for an emergency, a car fix, or just to cover bills, we work quickly to get you sorted. Loansmart is about reducing stress, not adding to it. 3. Smarter, Fairer Loan Options We don’t just throw you into one loan and call it a day. We work with several low-cost lenders to get you the best options out there. You’ll see multiple offers and repayment plans, so you can pick what suits you best. We guide you through it too, helping you make the smartest call based on your situation.From small personal loans to bigger secured options (up to $150,000!), we’ve got flexible terms—like paying your loan back over 6 to 84 months. Whether you’re borrowing $5k or $50k, we’ll help you find a smarter, more affordable way to do it. 4. We Actually Care It’s not just about getting the loan—it’s about making sure it works for you long term. We’ll help you avoid high-interest traps and unnecessary fees, and we’ll tailor your loan to match your income and goals. We want you to win with your money, not fall behind.Our team genuinely wants to help people. And we mean that. We look at your whole financial picture and give advice that actually helps, not just what’s easiest for us.Perhaps you’re thinking: “Nice words, but can you back it up?” Yes, we can! Loansmart is an associate member of the Financial Services Federation. We were the first loan broker to join the FSF, demonstrating our commitment to protecting the interests of borrowers while offering them more options. 5. Bad Credit? No Problem If your credit score’s not looking flash, that doesn’t mean the door’s closed. We specialise in helping Kiwis who’ve been turned down elsewhere. With our network of lenders, there’s often still a smart option available—even for bad credit car loans or debt consolidation loans.What does this look like in real life? This is how we helped Emma.After the sudden loss of her father, Emma was overwhelmed by funeral costs, mortgage arrears, and overdue bills. Rejected by mainstream lenders due to past defaults, she turned to Loansmart.Using the equity in her home, our team structured a secured loan that consolidated over $40,000 in debt and reduced her weekly repayments by $100. With her finances back on track, Emma is now in a position to refinance with her bank soon—proof that smart, tailored lending solutions can make all the difference. 6. Loads of Lenders, One Easy Application Instead of shopping around on your own, Loansmart does the legwork for you. Our wide network of lenders means you’ll get to compare interest rates, repayment options, and more—all from one application. More lenders = more chances of approval and better offers to choose from.You don’t need to waste time going from site to site or filling out multiple applications. We bring the options to you. 7. 5-Star Service All the Way We’re not just saying it—our customers really rate us. Loansmart has a five-star reputation for being fast, helpful, and just downright good at what we do. Since 2008, we’ve helped thousands of Kiwis get access to the money they need, and many of them come back again and again.You’ll get a friendly, professional team that keeps you in the loop from start to finish. No chasing. No ghosting. Just good service and honest advice.Want proof? Check out our 700+ 5-star reviews! 8. We Keep It Real and Simple Loansmart is here to take the hassle out of borrowing. We offer smarter loans, faster service, and more options—tailored to you. No unnecessary forms. No long waits. No judgment.So if you need a loan and want a team that’s fast, fair, and actually cares, Loansmart’s the way to go. One quick online application is all it takes to get started.Apply online now!*Subject to responsible lending checks and criteria. Getting a Loan Through Loansmart in 5 Simple Steps Getting a loan with Loansmart is simple, fast, and fully online. Here’s how the process works: Step 1: Apply Online in Just 2 MinutesVisit loansmart.co.nz and complete our short online application form. No scanning, no paperwork, no appointments — it takes just two minutes. Step 2: We Match You With Multiple LendersWe’ll review your application and send it to our trusted lender network. This gives you more chances of approval and better loan options to choose from. Step 3: Choose the Loan That Suits YouYou’ll receive one or more loan offers. We’ll help you compare the options and choose what works best for your situation. Step 4: Get Approved (Fast!)Many of our clients are approved in as little as 1 hour.* We handle the legwork and keep things moving quickly. Step 5: Receive the FundsOnce approved, the money is paid directly into your account — sometimes on the same day.* Smarter loans >> Faster.Ready to make a smart move?Apply online now!*Subject to responsible lending checks and criteria. Apply Online Now Try our Loan Calculator #### How Much Money Do You Actually Have to Spend? A Guide to Disposable Income With the cost of borrowing money increasing, and the price of goods and services going up, it could be a good time to reevaluate your budget to make sure you’re not overspending.More New Zealand households will be feeling the effects of higher interest costs in 2024, according to the Reserve Bank.In its latest report, it says households will be spending, on average, 18% of their income on interest payments alone.Many homeowners will be tightly squeezed as the average mortgage rate reaches 6.4% by mid-2024, up from a low of 2.9% in late 2021.It’s not just homeowners experiencing the stress of rising lending costs – interest rates for personal loans through Loansmart started at 8.95% a year ago, while now they start at 9.95%.Coupled with rising interest rates is the increasing cost of living, with everything from food to clothing and travel costing a lot more than it did even two years ago.With this double hit to your pocket, it’s worth checking in to make sure you’ve got enough spending money – or disposable income – so you don’t get into financial trouble. What is Disposable Income? Disposable income is the amount of money you have available to spend after you’ve paid all your fixed expenses.Fixed expenses are things you have to pay no matter what, like the mortgage or rent, insurances, phone and internet bills, etc.What you have left after all those costs have gone out is your disposable income.It is a critical component of your financial health and determines how much you can save, invest, or spend on luxuries. How to Calculate Your Disposable Income Calculating your disposable income may seem daunting, but it’s simpler than it appears. Follow these steps:1- Identify your gross income: Add up all sources of income, including salaries, bonuses, and any other earnings.2- Deduct fixed expenses like housing, utilities, insurance, and loan payments.3- The result is your disposable income: This is the amount you have left for discretionary spending or saving.For example:Jane earns $2,200 per fortnight, after income tax, KiwiSaver and student loan payments have been taken out. Her fixed expenses total $1,320.Disposable Income = Take home pay – Fixed expenses= $2,200 – $1,320= $880Jane’s disposable income is $880 per fortnight. That’s how much money she has to spend on things like food, clothing and entertainment subscriptions, as well as money she might put into savings. Getting on top of debt with a debt consolidation loan Jane’s fixed expenses include $90 per week in two separate loan repayments. These loans are held with separate lenders at relatively high interest rates, so she’s considering combining them into one loan with a debt consolidation loan.The process of debt consolidation involves combining all of your small, high-interest loans into one larger loan. The goal is to reduce your monthly repayments and possibly save on interest. As a result, you are able to keep up with your payments easier and ultimately save money.Debt consolidation loans are just one-way Loansmart works with you to create smart solutions to give you more financial freedom.Check out these stories on how debt consolidation helped these families reduce their monthly loan repaymentsKylee managed to save $82 a week with a debt consolidation loan from Loansmart.Looking for ways to make your money go further? Check out these 6 tips.Starting with our simply 3 minute online application, our process is quick and easy – we jump through the hoops so you don’t have to! With rates from 9.95%, get in touch with us today and we can help you find a great loan tailored to you. Apply Now Contact Us Today! #### How much time do you spend thinking about money at work? Is it more or less than 13 hours a month? In the midst of a daily grind, it can be easy for the mind to wander. From wondering what you can do with your weekends or how much your boss needs a reality check – our brains take us places that are seemingly unrelated to the task at hand.Turns out that worry over finances makes up a substantial portion of our workplace mind wandering too. According to a Mercer study, NZ employees spend an average of 13 hours of work time each month stressing over money. Add in rising inflation and living costs, and it seems as if financial stress is ever-increasing.The most commonly cited financial worries include feeling overwhelmed by managing expenses, not having enough savings for any surprise costs, or even just living from paycheck to paycheck. Money woes can zap the fun away from the best days in the office! Angela Meyer, Workforce Specialist at Mercer, says “Many Kiwis feel like it’s not possible to save for a house, holiday, addition of a new child … because it feels futile to save every extra dollar”.We face a lot of pressures in life – pressures of work itself (is my boss happy with my performance?), relationships (problematic in-laws anyone?), and parenthood (school, sleep, online activity, friends..the list is endless ), but this study shows that money is actually one of our top thoughts while at work. From feeling out of control when it comes to managing bills, lacking safety nets, and being stuck living payday to payday, the list of financial stressors is endless.It doesn’t have to be this way. Working with an experienced lender could be a game changer, as managing repayments can make a huge difference to your financial situation. They may be able to adjust interest rates, fees and repayment terms to make things a little easier. Loansmart provides free Loan Assessments to help you see how much you could save on current debt repayments. The team’s philosophy is ‘smarter loans – faster’ and that’s what they deliver on a daily basis.If you spend a lot of time worrying about money, you may want to look at how you can make your repayments more affordable. You can check out real-life scenarios of people who were facing money woes, yet who managed to get back on track by restructuring their loans. Or you can give the team at Loansmart a call today to talk through your options. Get a Free Assessment #### How Retailers Encourage You to Spend More If you’ve ever bought something because it was “too good to miss“, you’re not alone. Modern retailers invest significant time and money into understanding consumer behaviour. From supermarket layouts to online shopping carts, many aspects of the shopping experience are designed to encourage spending. There’s nothing wrong with this. Businesses want to sell products, and marketing plays an important role in helping consumers discover them. However, understanding the psychology behind these techniques can help you make more informed purchasing decisions. Let’s look at some of the most common strategies retailers use and why they work so well. The Power of Limited-Time Offers Have you ever seen a countdown timer on a website or a sale that ends at midnight? Limited-time offers create a sense of urgency. They encourage us to focus on the possibility of missing out rather than whether we actually need the product. When we believe an opportunity might disappear, we often feel pressured to make a decision quickly. This reduces the amount of time we spend considering whether the purchase fits our budget or priorities. Before jumping on a limited-time offer, ask yourself one simple question: Would I still buy this if it wasn’t on sale? Why Discounts Feel So Good Most people enjoy getting a bargain.The challenge is that discounts can sometimes change our focus. Instead of asking whether we need something, we start thinking about how much we’re saving.A product that’s 40% off may feel like a win, but discounts often encourage us to focus on what we’re saving rather than whether we need the item at all.The best discounts are on purchases you were already intending to make. Everything else deserves a second look. Buy Now, Pay Later Buy now, pay later services have become increasingly popular because they make purchases feel more affordable. Instead of seeing the full cost upfront, consumers see smaller repayments spread over time. This can make larger purchases feel easier to justify. For many people, buy now, pay later can be a useful budgeting tool when used responsibly. However, problems can arise when multiple purchases and repayments start to overlap. It’s important to remember that while payments may be delayed, the financial commitment remains. The Free Shipping Trap Most of us have added an extra item to our cart simply to qualify for free shipping. Retailers know this. For example, if shipping costs $8 and free shipping applies to orders over $100, many shoppers will happily spend an additional $20 or $30 to avoid the delivery fee. The result is often spending more money than originally planned. Before adding extra items to your cart, compare the cost of the additional purchases against the shipping fee itself. The maths can sometimes be surprising. Loyalty Programmes and Reward Points Loyalty programmes are designed to encourage repeat spending. Whether it’s Woolworths Everyday Rewards, Airpoints, coffee cards, or retailer membership programmes, the idea is simple: reward customers for coming back. There’s nothing wrong with collecting rewards for purchases you were already going to make. The problem occurs when rewards influence spending that wouldn’t have happened otherwise. We’re seeing this strategy more often, particularly with supermarket loyalty programmes that offer bonus points for buying specific brands or spending a certain amount within a product category. If you wouldn’t normally buy that brand or spend that much on a particular category, it’s worth asking whether you’re making the purchase because you genuinely need it, or because you’re chasing the reward. Multi-Buy Discounts and Spend More, Save More Offers Offers such as “Buy One, Save 20%”, “Buy Two, Save 30%”, or “Buy Three, Save 40%” are designed to encourage larger purchases.The savings can appear attractive, but they often shift our focus away from whether we need the additional items. Instead of deciding whether to buy one product, we start thinking about whether we should buy more to unlock a better discount.This can be particularly effective because people naturally dislike missing out on a better deal. Buying three items for a larger discount can feel like saving money, even if purchasing a single item would have met the original need. How Online Shopping Makes Spending Easier Online shopping has removed many of the barriers that once slowed spending down. Saved payment details, one-click purchases, personalised recommendations, and targeted advertising all make buying faster and more convenient. Convenience itself isn’t a bad thing. However, when purchasing becomes effortless, it’s easier to spend without fully considering the decision. This is one reason why impulse purchases are so common online. Becoming a More Aware Consumer The goal isn’t to avoid sales, rewards programmes, or online shopping altogether. Instead, it’s about recognising when marketing tactics are influencing your decisions. A few simple habits can help: Create a shopping list before making purchases. Ask yourself whether you’ve been meaning to buy the item for a while, or whether the promotion is what made it appealing. Avoid making decisions under time pressure. Avoid shopping when you’re stressed, bored, or emotional. Wait 24 hours before buying non-essential items. Compare prices before checking out. Focus on the amount you’re spending, not the amount you’re saving. Ask yourself whether you would still buy the item if it wasn’t on sale. Try the “Savings Test“. If you’re considering a non-essential purchase, transfer the amount into your savings account instead and leave it there for 24 hours. After the cooling-off period, ask yourself whether you’d still be willing to take that money back out of your savings to make the purchase. If the answer is yes, it may be something you genuinely value. If the answer is no, the desire to buy it may have been driven more by impulse than need. Try the “Hours Worked” Test. Before making a non-essential purchase, work out how many hours you had to work to earn that amount after tax. Then ask yourself: “Would I be willing to work those hours again for this item?” Viewing purchases in terms of the time and effort required to earn the money can make it easier to decide whether something is truly worth it. Try the “Trade-Off” Test. Ask yourself: “What am I giving up to buy this?” Whether it’s a weekend away, putting money towards a future goal such as a car or house deposit, or paying down debt, every purchase comes at the expense of something else. Awareness often creates enough space to make better decisions. Improve Your Shopping IQ Retailers are constantly looking for ways to make shopping easier and more appealing. Understanding these techniques doesn’t mean you’ll stop spending money. It simply means you’ll be better equipped to recognise when you’re being encouraged to spend more than originally intended. The more aware you are of these tactics, the easier it becomes to make purchasing decisions that align with your goals and priorities. If you’re already managing multiple debts or repayments, Loansmart can help you explore solutions that may simplify your finances and support your financial goals. In the next article, we’ll look at the small purchase trap and why seemingly minor expenses can have a bigger impact on your finances than you might think. Apply Online Now Try our Loan Calculator #### How To Choose A Loan Provider When you’re on the hunt for a personal loan, it can feel like a bit of a minefield. Interest rates, repayment terms, approval times – it’s a lot. And with so many lenders out there, how do you know which one is actually right for you?That’s where this guide comes in. We’re breaking down exactly what to look for in a personal loan provider – and why using a smart broker like Loansmart is a game changer for your borrowing experience. 1. Use a Loan Broker – It’s the Smarter Way to Borrow Let’s start with the big one. Instead of going directly to one lender, it’s often better to work with a loan broker.Why? Because a broker gives you access to a whole network of lenders with just one simple application. No need to spend hours comparing different offers, rates and terms. A loan broker looks at your situation and shops around to find options that fit your needs, not the other way around.Plus, applying through a broker avoids multiple credit checks, which can hurt your credit score.At Loansmart, you apply once, and we match you with low-cost lenders offering competitive deals – including second chance loans for those with poor credit. 2. Make Sure They're Part of the Financial Services Federation If there’s one green flag that says a lender is trustworthy, it’s being a member of the Financial Services Federation (FSF).Loansmart was the first broker to join the FSF – a big deal in the lending world. This shows we’re committed to responsible lending practices, transparency, and genuinely looking out for the customer. It’s not just about ticking boxes; it’s about doing things right.Working with an FSF member means you’re more likely to get a fair deal, responsible advice, and help that aligns with your long-term financial well-being. That’s something you won’t always get with dodgy short-term lenders or those fly-by-night finance companies. 3. Check for Hundreds of 5-Star Reviews Let’s be real: if a company has hundreds of glowing reviews, that speaks volumes.Loansmart has built a reputation as a fast, friendly, and professional team, with more than 700 5-star ratings to prove it. Our clients regularly shout out how quick the process is, how helpful the team is, and how simple everything was from start to finish. Here are a few recent comments "Second time around with Loansmart, Sid was amazing. Very helpful in explaining everything. All-round great experience again.” - Kane “Excellent service from Dani. Easy and straight forward. No stress! No pressure! Same day. Thank you Dani from Loansmart.” - Marley-Lee “Corene is amazing! She’s fast, really helpful and you can take my word that she’ll get it all sorted for you in the best way possible. I am glad I chose Loansmart. So grateful! Thank you!” - Amisha Here’s the thing – when you’re borrowing money, trust is everything. You want to know you’re in good hands, and a track record of happy customers is one of the best ways to confirm that.Pro tip: Don’t just go with the cheapest-looking option – go with the one Kiwis love and trust. 4. Look for Flexible Terms That Fit You Your financial situation is unique – so your loan should be too.A good lender (or better yet, a smart broker like Loansmart) should offer you flexible loan terms that work for your lifestyle and budget. We’re talking:Loan terms from 6 months to 84 monthsUnsecured loans up to $75,000Secured loans up to $150,000Weekly repayment options that suit your income cycleAt Loansmart, flexibility is a core part of the deal. We’ll help you shape a loan that sets you up for success – not stress. Whether you want a short-term fix or a longer-term plan to consolidate your debt, we’ll work with you to get it sorted. 5. Look At The Whole Lending Package Of course, the interest rate is important – you don’t want to pay more than you have to.But here’s what most people forget: the rate is just one part of the deal. What about fees, repayment options, flexibility, and how fast you can get the funds?Loansmart’s approach is about looking at the full picture. While our rates start from just 9.95%, we also connect you with low-cost lenders and walk you through your options so you can choose what’s right for you – not just what looks cheapest on the surface.You’ll also avoid the trap of taking out a loan that seems low-cost but ends up costing you more in hidden fees or strict repayment rules. Why Choose Loansmart? To sum it all up, here’s why Loansmart ticks all the boxes when you’re looking for a personal loan provider: Access to multiple low-cost lenders with one application Member of the Financial Services Federation Hundreds of 5-star reviews from happy customers Flexible terms tailored to you Competitive interest rates from 9.95%* Fast approval – sometimes in as little as 1 hour* Same-day payout options available* Friendly, professional, expert advice We’re not here to push you into a loan – we’re here to help you find the right one. No hoop-jumping, no hidden catches. Just a smart, fast solution that fits your life. Ready to get started? Apply online in just 2 minutes and find out what your loan options look like today. It’s free, fast, and could save you a lot of money.Apply now!*Subject to responsible lending checks and criteria. Apply Online Now Try our Loan Calculator #### How To Choose The Best Debt Consolidation Loan If you are struggling with debt, you may be considering a debt consolidation loan. This can be a great way to get your finances back on track, but it is important to choose the right loan for your needs.When it comes to debt consolidation loans, there are a lot of options out there and lots of lenders to choose from. How do you know which one is right for you? Keep reading to find out the 5 must-knows before taking out a debt consolidation loan. What Is The Best Debt Consolidation Loan? Not all consolidation loans are created equal. The key to finding a good debt consolidation loan is to choose a reputable, low-cost lender. Based on The Ultimate Guide To Debt Consolidation, here are some factors to consider when selecting a loan company. 1. Does the lender pay off your existing debts directly on your behalf? Or are you expected to do this yourself? Be sure to choose a lender that offers direct payment to creditors. This means the lender will pay off loans on your behalf and communicate with all of your creditors, making sure the process goes smoothly. This can help improve your credit score, save both time and hassle, and will reduce your temptation to use the money for something else. 2. Will you save on loan costs? Will you be able to save money on your loan? When you consolidate your loans, you may have to pay another set of fees, and when you pay off your existing loans, you may have to pay early repayment fees. The savings should outweigh the initial setup costs since you will hopefully pay less in interest.Using a debt consolidation calculator is helpful to see how much money you could save with a particular debt consolidation loan.Keep in mind that the interest rate you qualify for will vary depending on your personal situation. To find out what interest rates you might incur, ask for a Free Loan Assessment.Bonus tip: Make sure your lender offers personalised interest rates, as some lenders charge the same rate for everyone which could result in you getting overcharged. 3. How much money do you need to borrow? Before you apply for a debt consolidation loan, make sure your lender can provide enough loan funds to cover all of your existing loans. Loan amounts vary between lenders, so it’s important to shop around and compare options.Make sure to choose a lender that offers both secured and unsecured loan options so you can pick the one that best fits your needs. Unsecured debt consolidation loans are typically capped at $30,000, however, some lenders like Loansmart offer unsecured loans up to $50,000 before requiring security.Bonus tip: Make sure the lender provides assistance if you have a bad credit score. This way, you may still be able to get the loan you need even if your credit score isn’t perfect. Learn more about Bad Credit Debt Consolidation Loans. 4. Do you need a top up? If you need to borrow money and consolidate loans, pick a company that can lend up to what you need. Choosing one that has a 7-year loan will make your payments easier.  Check out these stories of actual borrowers who did exactly this. Some of them had existing debts in excess of $50,000 and were still able to get a top up.  4. How long do you need to repay your loan? When considering how long you need to repay your loan, remember to strike a balance between comfort and speed of repayment.It’s essential to make sure your repayment plan is affordable and you have room to save (so that you won’t have to borrow further) while keeping your monthly repayments high enough to pay off your debt faster – that’s the perfect balance. In order for this to be the case, you may require a maximum loan term of 5 years or more.Loansmart offers a maximum loan term of 7 years, and a minimum loan term of 6 months to ensure that your repayment plan is affordable. 5. How likely are they to approve your loan? Before you apply for a loan, it’s important to research the lending company to make sure they have a good history of approving loans. One way to do this is to check the client reviews on their Google Business Profile. This will give you an idea of how likely they are to approve your loan. Keep in mind that every credit check impacts your ratings, so you don’t want to apply for a loan with a company that has a history of declined applications. By taking the time to research the lending company before you apply, you can increase your chances of getting approved for a loan the first time.Bonus tip: You can also use client reviews to make sure the lender has a good reputation and provides excellent customer service. It is important to choose a lender that allows you to make extra repayments without incurring fees and offers flexible repayment options, such as weekly, fortnightly, or monthly repayments. Choose a Loan That Best Suits Your Needs So there you have it, that were 5 factors that are important to consider when selecting a loan company. Choosing the best loan company will enable you to find the perfect debt consolidation loan that will best suit your needs.Loansmart is a reputable low-cost lender who ticks all of the boxes. You can apply for a Loansmart loan online FAST right now or contact one of Loansmart’s helpful experienced lending consultants to discuss if a debt consolidation loan is right for you. Get a Free Assessment #### How to Choose the Right Lender – A Borrower’s Checklist Start your lending journey on the right foot!Choosing a lender isn’t just about snagging the lowest headline rate—it’s about finding a partner who understands your unique needs and will steer you toward a deal that works long term. With so many loan options out there, it can feel overwhelming. That’s where Loansmart steps in as your friendly, expert broker, matching you with the right lender from our extensive network. Why Choosing the Right Lender Matters Picking the wrong lender can cost you thousands over the life of the loan through hidden fees, inflexible repayments, or poor customer support. A great lender not only offers competitive rates but also clear terms, transparent fees, and solid support—so you never feel left in the dark. Key Factors to Consider Loan Types and Terms Different lenders specialise in different loans—personal, car, or debt consolidation, to name a few.Always check:Purpose-fit: Does the lender regularly handle the type of loan you need?Term length: Shorter terms generally mean higher repayments but lower total interest; longer terms spread out repayments but cost more overall. Interest Rates and Fees Headline interest rates can be tempting, but don’t forget:Comparison rate (APR): Includes most fees and gives a truer cost picture.Establishment fees: One-off charges for setting up the loan.Ongoing fees: Monthly or annual service fees—these add up fast.To learn more, check out our helpful guide about what loan terms really cost you. Repayment Flexibility Life in Aotearoa can be unpredictable—job changes, unexpected bills, or family adventures. Look for lenders offering:Extra repayments without penalty.Payment holidays during genuine hardship. Customer Service and Support Responsive, helpful customer support can make all the difference. Before committing:Read reviews from Kiwis who’ve been in your shoes (check out our 700+ 5-star reviews).Test the waters: Send an email or call to gauge response times and tone. Trust and Accreditation Always lend through a lender or broker who’s:Licensed by the Financial Markets Authority (Loansmart holds a Full Class 2 Financial Advice Provider Licence, FSP #7461)A member of the Financial Services Federation (FSF), demonstrating a commitment to responsible lending practices (Loansmart is a proud associate member). How Loansmart Helps You Find the Best Deal Expert Brokerage Services Being an Associate Member of the FSF means we adhere to strict guidelines that prioritise your financial wellbeing. You can trust us to:Assess your ability to repay.Explain all fees and risks clearly.Support you through financial bumps with genuine care. Local Kiwi Knowledge 100% New Zealand owned and operated, with our office in Auckland, we have deep insight into the local market and lender landscape. Whether you’re in Wellington, Christchurch, or Dunedin, we understand regional nuances and bring that to the table when negotiating on your behalf. Borrower's Checklist: Step-by-Step Here’s a quick checklist for when you’re looking for a lender:Define Your Loan Purpose: Be clear on what you need the funds for and the amount required.Gather Financial Info: Recent payslips, bank statements, and ID make for a smooth application.Use a Broker: Submit one application through Loansmart to access multiple lenders at once.Compare Offers: Evaluate comparison rates, fees, and repayment options side by side.Check the Fine Print: Look out for hidden fees, early exit penalties, and variable-rate clauses.Confirm Support Options: Ensure your lender (or broker) offers flexible support if things go sideways.Sign Up and Repay Smart: Choose the best deal, sign the agreement, and set up a repayment plan that fits your budget.Finding the right lender doesn’t have to be a solo mission. With Loansmart’s expert services, accredited status, and genuine Kiwi know-how, you can tick every box on your borrower’s checklist and land a loan that’s fair, transparent, and tailored to your life. Ready to get started? Get a free loan assessment Try our Loan Calculator #### How to Improve Credit Score in New Zealand — Fast Your credit score is more than just a number—it’s one of the main factors affecting your ability to borrow money. Banks and lenders look at it to see if they should give you a loan and what kind of interest they’ll charge. Whether you’re dreaming of a house, a new car, or just a personal loan, a better credit score can mean much better deals and more cash in your pocket! At Loansmart, we understand that life happens, and sometimes your credit history isn’t perfect. So, what can you do to give your credit score a boost? Keep reading to learn about some proven strategies, plus find out how Loansmart can help you get back on track. What Is a Good or Poor Credit Score in New Zealand? In New Zealand, credit scores typically range from 0 to 1,000. Here’s how they break down: Excellent (800–1,000): Highly likely to be approved for credit with the best rates. Very Good (700–799): Lenders view you as a reliable borrower. Average (500–699): Access to standard loan terms across various financial products. Fair (300–499): May encounter higher interest rates and difficulty getting approved. Poor (below 300): Struggle to secure credit—loans or credit cards may be out of reach. Want to find out what your credit score is? You can request a free report from one of New Zealand’s major credit reporting agencies: Centrix, Equifax, and Illion. Don’t have a credit score? Check out our helpful article about how to build a credit score if you don’t currently have one. What Things Affect Your Credit Score? Lots of factors go into your credit score. One big thing is whether you pay your bills on time – like your credit card, loan, or even power bill. If you’re always late, that can really hurt your score. Another thing is how much of your available credit you’re actually using. Think of your credit limit like a pie. You don’t want to eat too much of that pie! Ideally, use less than a third of what you could borrow. That shows you’re not relying too heavily on credit. How long you’ve been using credit also matters. If you’ve had credit for a while and have a good track record of paying things back, that looks good to lenders. Finally, it can actually be a good thing if you have different types of credit, like a credit card and a car loan. It shows you can manage different kinds of borrowing. Knowing all this stuff and keeping on top of it can really help your credit score get better over time! 5 Proven Ways to Improve Credit Score in NZ 1. Pay Your Bills on Time Missing credit card, utility, or loan payments can seriously harm your credit score. To avoid this, consider setting up automatic payments or payment reminders. Remember that even one late payment can have a long-term negative impact. 2. Don’t Max Out Your Credit This is known as credit utilisation—the ratio of your credit balances to your credit limits. Ideally this should be below 30%. So, if your credit limit is $1,000, try to keep your balance under $300. High credit utilisation can signal financial stress to lenders and negatively affect your score. 3. Avoid Applying for Multiple Credit Accounts at Once Each time you apply for credit, a hard inquiry is recorded on your credit report. Multiple applications in a short period can lower your score and make lenders wary. Research your options thoroughly before applying to minimise unnecessary inquiries. 4. Check Your Credit Report Regularly Mistakes or outdated information on your credit report can drag down your score. Request free copies from New Zealand’s credit reporting agencies and dispute any inaccuracies promptly. Correcting errors can lead to a quick score improvement. 5. Maintain Old Accounts and Manage Debt Wisely Keeping those older credit accounts open, even if you don’t use them much, actually looks good because it shows you’ve been handling credit responsibly for a while. Also, if you’ve got a few debts with high interest rates, rolling them into one loan can make things simpler to pay and might even give your credit score a little boost! How Loansmart Can Help Improve Credit Score At Loansmart, we specialise in connecting you with a wide range of low-cost lenders. Our extensive network increases your chances of approval, even if your credit score isn’t perfect. We understand that life happens, and we’re here to help you navigate your financial journey with smarter loan solutions. To help you get back on track, we provide: Low-cost debt consolidation loans and personal loans Super simple 3-minute online loan application Rates from just 9.95% Flexible repayment plans, with terms from 6 months to 7 years Expert advice from our friendly loan advisors Fast approval within 1-2 hours* Same day payout* *Subject to responsible lending checks and criteria Ready to Take Control of Your Credit? Improving your credit score doesn’t happen overnight, but with consistent effort and smart financial habits, you can see significant progress. If you’re looking to secure a loan or want to explore your options, Loansmart is here to assist you every step of the way. Get a free loan assessment Try our Loan Calculator #### How To Increase Credit Score in 6 Months Published Date: 12th September, 2025Modified Date: 24th February, 2026Author: Murray GreigKey TakeawaysHow to increase credit score in 6 months:Pay every bill on time for six consecutive months.Keep credit utilisation below 30% (ideally under 10%).Reduce outstanding credit card and personal loan balances.Check your credit report and dispute errors.Avoid new credit applications during the improvement period.Keep older accounts open to maintain credit history length.Maintain stable income and consistent repayment behaviour.Consistent financial discipline across these areas can lead to measurable credit score improvement within 3–6 months. Why Credit Scores Matter In simple terms, a credit score shows how trustworthy you are as a borrower. Lenders look at your score when deciding whether to approve your application, what interest rate to offer, and what repayment terms to give you.Here’s why a good score is worth aiming for:Better chances of approval – Lenders see you as less risky.Lower interest rates – A good score often unlocks the best deals.More flexible terms – You’re more likely to get repayment plans that suit your budget.But here’s the good news – even if your score is less than perfect, Loansmart can still help. We specialise in second-chance loans, bad credit loans, and debt consolidation options that can set you up for success. While you work on improving your score, we can still find you fair, affordable solutions right now. How To Increase Credit Score in 6 Months Improving your credit score requires targeted action across the primary credit scoring factors used in New Zealand: payment history, credit utilisation, credit application frequency, account age, and repayment behaviour. Step 1: Pay Every Bill on TimeCredit Factor Impacted: Payment HistoryPayment history is typically the most heavily weighted component of credit scoring models, often accounting for approximately 30–35% of the total score (depending on the agency model).Actions:Set up automatic payments for loans, credit cards, utilities, and Buy Now Pay Later (BNPL) accounts.Avoid any late or missed payments for at least six consecutive months.Why this works: On-time payments add positive repayment data to your credit file. Consistent repayment behaviour reduces perceived lending risk and can begin improving your score within a few reporting cycles. Step 2: Reduce Outstanding DebtReducing outstanding balances lowers your credit utilisation ratio and demonstrates improved financial control. You can use one of two structured strategies:Debt Snowball Method: Pay off the smallest balance first to create momentum.Debt Avalanche Method: Pay off the highest-interest debt first to reduce total borrowing cost.Lower total debt improves how lenders assess your overall financial exposure. Step 3: Keep Credit Card Balances LowCredit Factor Impacted: Credit Utilisation RatioCredit utilisation measures how much of your available revolving credit you are using.Formula:Credit Utilisation = (Current Balance ÷ Credit Limit) × 100Example:If your credit card limit is $5,000 and your balance is $1,500, your utilisation rate is 30%.Best practice benchmarks:Below 30%: Generally considered acceptable riskBelow 10%: Often viewed as optimal for scoring improvementLower utilisation reduces perceived financial strain and signals responsible credit management. Step 4: Avoid Multiple Credit ApplicationsCredit Factor Impacted: Hard Enquiries / Credit ApplicationsEach loan or credit card application typically generates a hard enquiry on your credit file.Multiple enquiries within a short period can temporarily reduce your credit score because scoring systems interpret frequent applications as elevated borrowing risk.During a 3–6 month improvement period:Avoid unnecessary loan or credit card applicationsApply only when strategically necessary Step 5: Check Your Credit Report for ErrorsCredit Factor Impacted: Accuracy of Reported DataErrors on your credit report can unfairly reduce your score.You are entitled to request a free credit report from:CentrixEquifax New Zealandillion New ZealandCommon errors include:Incorrect missed paymentsAccounts that do not belong to youDuplicate listingsIncorrect default datesDisputing inaccurate entries can result in score improvements once corrections are processed. Step 6: Keep Older Accounts Open (If Appropriate)Credit Factor Impacted: Length of Credit HistoryCredit scoring models evaluate the average age of your credit accounts. A longer credit history provides more repayment data and reduces uncertainty for lenders.If an older credit card:Has no annual feeIs in good standingHas no outstanding issuesKeeping it open may support your credit score by maintaining account age. Step 7: Add Positive Credit ActivityCredit Factor Impacted: Positive Repayment BehaviourIf your credit file is thin (limited history) or mostly negative, adding structured, positive repayment activity can improve your profile.Examples:Use a credit card for small purchases and pay the balance in full each month.Take out a small personal loan and repay it on schedule.Maintain consistent, on-time payments for utilities or mobile accounts.Credit scoring systems reward consistent positive repayment data over time. The Loansmart Difference – Helping You Get Back on Track We get it – life happens. A financial setback doesn’t define you. What matters is what you do next.Improving your credit score within six months is achievable when you focus on:Payment consistencyLow credit utilisationReduced debt levelsAccurate credit reportingControlled credit applicationsCredit improvement is cumulative. Each on-time payment and balance reduction contributes structured positive data to your credit file. Over time, this reduces lender risk perception and increases access to better financial products. Here’s how we help:More options, less stress – We work with a network of low-cost lenders to find the right loan for you.Higher approval rates – Even if the bank has said no, we may be able to say yes.No multiple applications – One application gives you access to multiple lenders.Fair, affordable solutions – We focus on what you can comfortably afford.Fast service – Apply online in just 2 minutes, with same-day payment* possible.By combining our smart lending options with your efforts to improve your credit score, you can put yourself in a stronger financial position within just six months.Ready to take the first step?Apply Now!*Subject to responsible lending checks and criteria. Apply Online Now Try our Loan Calculator #### How To Manage Back to School Expenses The start of a new year means school is just around the corner. While it’s an exciting time for kids to head back to school, it can also be stressful for parents, especially when it comes to unexpected expenses.From school supplies to clothing, digital devices and other educational expenses, it’s important to understand how to minimise these costs so your kids get what they need without putting you under too much financial pressure. Back to School Expenses to Consider While a child’s education in New Zealand is technically free, there are a lot of costs related to school that parents and caregivers are responsible for. Common expenses include:School uniforms and footwearStationeryDigital devices such as iPads and laptopsSchool feesEducational tripsSome of these expenses, like uniforms, may be expected. However, costs for things like devices and trips could come as a surprise, especially when these could easily add up to more than $1000.While these costs may be unwelcome, there are some things you can do to manage them. Create a School Budget If you’ve thought about this early enough, creating a budget can help you plan and prepare for your back to school expenses. To start, list all of the necessary expenses, such as school supplies, clothing, devices and educational fees you know are likely to come up. Then, allocate a specific amount of money for each item and adjust your budget accordingly.This is a good strategy if you’re planning ahead, but if you’ve left it a little late, there are other options. Shop Early Early shopping allows you to take advantage of back-to-school sales and discounts. Saving a few dollars here and there on school supplies, clothing, and shoes, can go a long way in reducing your overall back-to-school costs. Additionally, shopping early gives you the chance to spread your purchases over a few weeks, rather than buying everything at once. Buy Second-Hand Items Buying second-hand items can help you save money on back-to-school expenses, especially things like uniforms. You can find used clothing, backpacks, devices, and even school supplies online or at your local op shops.TradeMe and Facebook Marketplace are popular options for people looking for good second-hand things. This option also helps to reduce environmental waste while teaching your kids the value of reusing and recycling.Many schools offer second-hand uniforms too, so be sure to ask the office. It could be that you buy the bare minimum at the start, and top up the uniform as the year goes by. Making Lunches More Affordable Buying lunchbox items in small, individual packets may be convenient and popular with the kids, but this is a very expensive option. Instead, consider buying items in bulk and putting them in smaller portions yourself. It takes a bit more effort, but the rewards are huge. Buying supermarket home brand products is also considerably cheaper than branded alternatives, so choose these options where you can. Learn about what financial assistance is available The government provides help for some families struggling with education costs, such as the OSCAR subsidy for out-of-school care, and the School and Year Start-up Payment. The Ministry of Education website provides more information about these options and how to apply. Talk to the school Don’t be afraid to tell the school you’re under financial pressure. There are many families in the same boat. Ask the school to defer your fees if you can’t pay them up front. Loansmart Can Help With Back-to-School Expenses If there’s a back-to-school expense that’s caught you by surprise, the friendly team at Loansmart can help. Whether it’s a big school trip you want your child to experience, or they need a device for learning, have a chat with us about how we can help make this happen. We specialise in providing fast, easy, low-cost loans without any of the hassle.Get in touch with Loansmart for a free chat with a member of our team. You can fill out our simple 3-minute online application form, give us a few basic details, and we’ll give you a call to discuss your needs. It’s so easy! Apply Now Contact Us Today! #### How to Spend More Intentionally Without Feeling Deprived Published: 31 July 2026Last Updated: 31 July 2026Author: Murray Greig, Founder of Loansmart When people think about budgeting or improving their finances, they often imagine giving things up. No more takeaways. No more coffees. No more holidays. No more fun. It’s no surprise that many budgeting attempts fail when they feel like a punishment. The reality is that managing your money well isn’t about restricting yourself. It’s about making conscious decisions about where your money goes and ensuring your spending aligns with your goals and priorities. This is known as intentional spending. What Is Intentional Spending? Intentional spending means making financial decisions based on what matters most to you rather than spending out of habit, emotion, or convenience. It’s not about spending less for the sake of it. It’s about getting more value from the money you already spend. For example, you may decide that regular travel is important to you and cut back on other areas to make it happen. Someone else may prioritise saving for a home, paying off debt, or spending more time with family. There is no single right answer. The goal is to ensure your spending reflects your priorities rather than simply reacting to whatever appears in front of you. The 24-Hour Rule One of the simplest ways to reduce impulse spending is to introduce a pause before making purchases. The 24-hour rule is exactly what it sounds like. Before buying something non-essential, wait 24 hours before making the decision. Often, the urge to buy fades once the initial excitement disappears. If you still want the item after taking time to think about it, you’ll know the purchase is more likely to be intentional rather than impulsive. For larger purchases, some people extend this to several days or even a week. Not doing so can sometimes lead to buyer’s remorse: that disappointing feeling when a purchase seemed like a great idea in the moment but feels far less worthwhile afterwards. Create a Plan Before You Spend Many people create budgets after they have spent their money. A better approach is to decide in advance where your money will go. This doesn’t need to be complicated. It can be as simple as setting limits for groceries, entertainment, dining out, and discretionary spending each month. Having a plan creates structure and makes it easier to spend confidently without constantly second-guessing yourself. Block Temptations It’s difficult to resist spending when you’re constantly being encouraged to buy. Marketing emails, online advertising, retailer apps, and social media promotions are designed to capture your attention and encourage purchases. A simple way to reduce unnecessary spending is to remove some of these temptations. Consider: Unsubscribing from promotional emails, Removing retailer apps you rarely use Unfollowing accounts that encourage spending Turning off shopping notifications The less often you’re exposed to spending opportunities, the easier it becomes to focus on your own priorities. Track Your Spending Habits Many people underestimate how much they spend in certain areas. Reviewing your transactions regularly can help identify patterns you may not have noticed. You don’t need expensive software or complicated spreadsheets. Simply reviewing your bank statements once a month can provide valuable insights. Look for spending that no longer aligns with your goals and identify areas where small changes could make a meaningful difference. Make Room for Enjoyment One of the biggest mistakes people make is trying to eliminate all discretionary spending. This approach often works for a short period before becoming difficult to maintain. Enjoying your money is important. Whether it’s hobbies, dining out, travel, sport, or spending time with family and friends, allocating money towards things you genuinely value can make financial habits far more sustainable. Intentional spending is about choosing where to spend rather than feeling guilty every time you do. Focus on Progress, Not Perfection Nobody makes perfect financial decisions all the time. There will always be impulse purchases, unexpected expenses, and moments where spending doesn’t go exactly to plan. What’s important is the overall direction. Small improvements made consistently over time often have a much greater impact than short bursts of extreme budgeting. And it actually feels pretty good when you start to notice the difference. Seeing a little more money left in your account at the end of the month, or watching your savings slowly grow, can be a great reminder that those small changes are paying off. The goal isn’t perfection. It’s building habits that help you feel good about the way you’re managing your money. Building Better Financial Habits Throughout this series, we’ve explored why we spend, the triggers that influence our decisions, how retailers encourage spending, the impact of small purchases, and the effects of lifestyle creep. The common theme is awareness. When you understand your habits, recognise your triggers, and spend with purpose, you’re in a much stronger position to achieve your financial goals. Intentional spending isn’t about having less. It’s about making sure your money is working towards the life you want to build. If existing debts or repayments are making it difficult to stay on track, Loansmart can help you explore lending solutions that may help simplify your finances and support your financial goals. Apply Online Now Try our Loan Calculator #### How to start an emergency fund Sometimes life throws something unexpected at you. And sometimes that unexpected thing comes with a hefty price tag.Your washing machine breaks and you need a new one. Your car needs a new radiator. Your dog needs an operation. All of these will probably cost more than $1000. Could you access that money today without going into debt?If you don’t have an emergency fund to fall back on when these unexpected things come up, you could end up going into debt. Going into debt unexpectedly causes significant financial hardship for a lot of New Zealanders.Having debt limits your disposable income (the amount of money you have available to spend after fixed expenses go out), and can cost you more if you’re being charged interest.The best way to stay financially healthy is to avoid taking our an emergency loan. Having an emergency fund is a great way to do that. How much should I have in my emergency fund? Your emergency fund should have enough for at least three months’ of household expenses.That amount will vary depending on your situation, but on average, a single person’s household expenses will be around $3,000-4,000 per month, while a family of four can expect to spend $5,000-$6,000 a month.That means a single person needs to have at least $12,000 in their emergency fund, while a family of four needs at least $20,000. How to get started If money’s already tight, you may be thinking there’s no way you could possibly save that much money. Just keep in mind that you don’t have to save it all right now – your emergency fund can be built up over time.It’s good to start with something, so try to put at least $1,000 into your emergency fund as soon as you can. If you don’t have it right now, you could sell some things you don’t need, or work a few extra hours if you can.Getting this figure in your savings will be a huge boost to your confidence and help you believe that you can achieve your goal. How to build your emergency fund Once you’ve made a start, it’s time to keep adding. Only save what’s comfortable – if you make life too difficult for yourself by trying to save too much, you’ll hate it and give up.Saving must be rewarding if you’re going to stick to it, so choose a figure to save each week or month from your income. Putting aside 2% of your wage, for example, might be a manageable place to start. If you earn $1,000 per week, for example, that’s $20 a week.Make an automatic transfer from your main bank account into your savings account, so you don’t even have to think about it. How long will it take to save my emergency fund? Building an emergency fund is a long-term goal. We’re not looking for quick fixes here. Deciding on a time frame to have your emergency fund saved depends on how much disposable income you have.Maybe five years is a reasonable time frame for you to save your three months’ expenses. Or perhaps you could do it in a few months.Work out how much you can set aside each pay period and calculate the time frame from there. So, if your goal is to save $13,000 and you can save $50 a week, you can achieve that in five years. Consider a debt consolidation loan If you’re in debt and much of your disposable income goes towards paying that off, you won’t have much left to save towards your emergency fund.Have a chat to the experts at Loansmart about how they can help you make repayments more affordable.As loan brokers, they can get you the best deal from a range of different lenders. Our advisers are trained to consider all the options and recommend the best one for you and your situation.With less of your income going towards servicing your debt, you can free some up to go towards building up your emergency fund. Save your tax refund Some New Zealanders get a nice little present from the IRD each year in the form of a tax refund. How much you get depends on your situation, but whatever the figure is, your first impulse will probably be to splurge on it.If you can resist that impulse, your emergency fund will get a welcome boost. If you are lucky enough to get a tax refund, try to put at least some of it into your emergency fund. What your emergency fund should be used for You have to be very clear with yourself about what you can and cannot use your emergency fund for. Your emergency fund is only to pay for unexpected bills that you otherwise wouldn’t be able to pay.It’s for things you absolutely need in order to live, not for optional luxuries. For example, getting your car fixed so you can get to work is a great reason to dip into your emergency fund. Buying tickets to see a concert is not. Where to keep your emergency fund It’s a good idea to store your emergency fund in a bank account you can’t easily access. The temptation to spend will be real once you’ve got some decent money saved, so you want to limit your ability to do that.You could open an account with a different bank, and ask to not have an EFTPOS or debit card for that account. That means you can only access it via online banking, and makes it a bit harder to spend it impulsively. Making saving a habit One of the reasons it’s so hard to save is that buying stuff feels good.When you go to the mall and buy a new pair of shoes, or a courier package turns up from your last online shopping session, your brain rewards you with a hit of dopamine.This gives you some good feelings for a while, encouraging you to repeat the behaviour again. The problem is, there are only so many times you can rely on spending to get your dopamine fix before you’re in a bad financial situation.Making spending a habit – which so many of us do! – is a sure way to get stuck in a cycle of debt, where you have to keep borrowing money to fuel your spending habits.Instead, by making small changes to how you manage your money, you can make saving a habit instead.For example, whenever you’re about to buy something you don’t need, resist the urge to buy it and divert that money into your savings account. You’ll be amazed at how quickly you have $100 in there, and then $500. Enjoying the freedom that comes with saving When you reach your emergency fund goal, you’ll enjoy feeling a bit more relaxed about life. Worries about money are a significant source of stress, especially when unexpected expenses come up.Once you’ve got your emergency fund, you’ll no longer have to suffer that stress because you know you’re covered. What’s more, you can then start saving for things you want, not just what you need. You can splurge a little on luxuries, and enjoy some of the finer things in life.This is the reward you must keep in mind as you work towards your savings goal. How Loansmart can help you achieve your goals Loansmart makes it easy for you to access smart loans tailored to your situation. If need an emergency loan now, don’t worry – we can help.  Our goal is to help you find an affordable solution, so you can still build up an emergency fund. Get loan smart with our online process, which takes just 3 minutes. Our team will work quickly to get you options from a range of low-cost lenders.We give you trusted, experienced advice for all your borrowing needs. As the first loan broker to join the Financial Services Federation, we’re committed to doing what’s best for our borrowers.With loan periods from 6 to 84 months, we can get you a fair, affordable loan that’s right for you. Get in touch with us today to talk about how we can get you a smarter loan, faster. Get a Free Assessment #### How to Stay on Top of Your Finances During a Cost-of-Living Crunch When everything from groceries to petrol to power bills is getting more expensive, it’s easy to feel overwhelmed. You’re doing your best, but your money doesn’t seem to go as far anymore. If that sounds familiar, you’re not alone. Loads of Kiwis are feeling the squeeze from the cost-of-living crisis.But the good news? There are smart ways to take control of your finances, even when times are tough. In this guide, we’ll walk you through practical steps to help you manage your money, reduce financial stress, and feel more confident about your financial future. 1. Get Clear on Where Your Money’s Going The first step to staying on top of your finances is knowing what’s really going on with your money. It’s time to track everything – rent or mortgage, bills, subscriptions, takeaway coffees, the lot.Start by listing all your income and expenses. You can use a budgeting app like Pocketsmith or a simple spreadsheet – whatever works best for you. Once you can see everything clearly, it’s easier to spot where you might be overspending or where you can cut back.Whatever you do, be honest with yourself – even if it’s a bit scary. You can’t fix what you don’t know! 2. Cut Back Without Cutting Joy Trimming your spending doesn’t have to mean giving up everything you enjoy. Start by reviewing your “non-essentials.” Think streaming services, food delivery apps, unused subscriptions or impulse buys.You might find a few quick wins:Ditch the $50/month gym membership you don’t useCancel streaming platforms you barely watchMeal prep a few nights a week to save on takeawaysEven small changes can add up to big savings. And remember, you don’t have to say goodbye forever – just for now, while you reset.Learn more about how to pay down debt without sacrificing your lifestyle. 3. Prioritise High-Impact Spending Not all spending is bad. In fact, some of it can make your life easier and even help you save long-term. Focus on:Buying good quality (so you don’t have to replace things often)Investing in things that improve your wellbeing (like decent food or heating)Spending money on stuff that makes you feel in control – like financial advice or toolsThe goal is to be intentional with your money. Make it work for you, not the other way around. 4. Rethink Debt – Don’t Let It Drain You Debt can be a massive source of stress – especially if you’re juggling high-interest loans or credit cards. But here’s the thing: you don’t have to tackle it alone.At Loansmart, we help Kiwis get smarter about their debt. That might mean:Consolidating multiple debts into one easy-to-manage loanFinding lower interest rates to reduce how much you repay overallGiving you more time and flexibility to pay it offWe make it fast and easy to apply – no jumping through hoops, and no unnecessary paperwork. Just a smart solution tailored to your situation. You can apply in just 3 minutes. Many people get approval within 1-2 hours*, and same-day payment* is available too. 5. Build a Bit of Breathing Room A solid emergency fund is a game-changer. Even if you can only put away $10 or $20 a week, it adds up. Having a financial buffer gives you peace of mind and helps avoid relying on credit when unexpected costs pop up.Here’s how to start:Open a separate savings account (so you’re not tempted to dip in!)Automate a small weekly transferTreat it like a non-negotiable billOver time, you’ll build a little safety net that can make a big difference. 6. Make Your Money Work Smarter, Not Harder When money’s tight, it’s easy to get stuck in survival mode. But even small changes can help you stretch your income further.Here are a few savvy ideas:Review your utilities: Can you switch to a cheaper power or internet plan?Shop smarter: Plan meals around what’s on special, use loyalty points, or shop at lower-cost stores.Get expert help: Talk to a financial advisor or a service like Loansmart that can help you explore your best options.Remember, staying on top of your finances doesn’t mean you have to figure it all out alone. 7. Don’t Be Too Hard on Yourself This one’s important. You’re not failing – the system is tough right now. Life is more expensive than it used to be, and that’s not your fault. What matters is that you’re taking steps to be in control.Celebrate small wins, like paying off a credit card or sticking to your weekly food budget. Every bit of progress counts. 8. Know Your Options with Loansmart Sometimes you just need a bit of support to get through. Whether it’s consolidating debt, covering an emergency cost, or just giving yourself a bit more breathing room – Loansmart’s here to help.We’re all about:Fast online loans with more optionsFair rates starting from 9.95%*Helping people with all kinds of credit historiesTrusted, professional advice – without the pressureIf you’re ready to take back control, we’re ready to help.Apply online in just 2 minutes – we’ll take care of the rest.Apply Now!*Subject to responsible lending checks and criteria. Apply Online Now Try our Loan Calculator #### 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 than $500 million in new loans. This uptick suggests that consumers are turning to personal loans to cover their expenses in the face of high inflation and rising interest rates. Over the past three months, Google searches for personal loans have increased by 22%, further demonstrating the high demand for these loans. Data from online loans provider Loansmart shows that the average size of personal loans has risen from $6,000 to $14,000. But it’s not all new borrowing, says Managing Director Murray Greig, “Many people are looking at ways to consolidate existing debts to make repayments more affordable. Certainly, it makes sense to look for cheaper alternatives to high-cost loans”. Greig reports that application numbers are strong, but approval rates are lower by about 1.5% than previous months. Affordability is a factor in lower approval rates, as borrowers don’t necessarily have the discretionary income to take out another loan. This is where debt consolidation can play a part. Saving on existing loan repayments while getting a top-up at the same time from a low-cost lender is a better alternative to taking out another high-cost loan. The difference between a 25% interest rate and a 10% one is huge, and borrowers should shop around to try and get the best rate. As finances continue to tighten for households, personal loans may provide some immediate relief – but it’s important for borrowers to carefully consider their financial situation before taking on any new debt. Check all your current borrowings and interest rates, and ask for a loan assessment to see if you can save anything. You can also estimate how much you will save by using a debt consolidation calculator. Although actual savings will depend on your financial situation. Get a Free Assessment #### 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.The limit for unsecured personal loans through Loansmart is now $75,000, up from $50,000.With many finance companies and banks still offering unsecured personal loans with limits of up to $50,000, this means customers can get more of what they need with Loansmart.Loansmart Managing Director Murray Greig says as the cost of things continues to increase, it makes sense that lending limits also need to go up. “With more of people’s income going towards daily living costs, many are finding it harder to save for those big ticket expenses like cars, holidays and home renovations. “Even if they manage to save a decent amount, they’ll find that the cost of those things has gone up and could still be out of reach. “We’re responding to the fact that inflation has increased the prices of almost everything, and so it’s a good time for us to adjust our unsecured lending limits accordingly.” Increased cost of living continues to bite Latest statistics show average household expenditure in June 2023 was nearly $1600 per week, more than 18% more than four years earlier.Food spending alone has increased nearly 30%, while health costs have gone up 18%. Homeowners are especially feeling the pinch, as many have seen their interest rates jump from less than 3% to more than 7% in a relatively short period of time.This results in many homeowners having much less disposable income, and therefore having to choose between going without, or finding other funding sources.This has spurred a spike in demand for unsecured personal loans as more people seek help with some of life’s bigger expenses. How Loansmart customers benefit from increased limit By increasing the unsecured loan limit from $50,000 to $75,000, you have much more freedom about what to do with your cash, such as:Buy a newer, better carHave that dream weddingFund those home renovations you’ve been planning to doConsolidate your debt into one low-cost loanThat extra $25,000 could be the difference between an older, less fuel-efficient car, and a modern, high-spec electric vehicle.Or, the difference between renovating your kitchen with a basic kitset and that high-quality, luxurious kitchen you’ve been dreaming about.Whatever your plans, an unsecured personal loan from Loansmart can help you achieve your dreams. Getting help with the essentials Sometimes you need cash for things that aren’t so fun, like emergency dental surgery, funerals and vet bills.In these types of situations, you need cash in a hurry. This is where an unsecured loan is the perfect solution.Because unsecured loans have no collateral, or security, taken out against them, it’s a lot faster for our team to get approval.Most of the time, we can approve unsecured loan applications the same day, so you can get your funds faster (either that day or the next day). Why choose Loansmart Loansmart is the smart choice if you want to reach your personal goals faster.We turn dreams into reality faster than other loan providers because, with Loansmart, there’s none of the bureaucracy and paperwork to slow things down.Our fully online process means we can get to work finding a lending solution for you, rather than being bogged down by slow, old-fashioned processes.You don’t need to visit us face-to-face, just take a few minutes to complete our simple 3-minute application form and our friendly team will be in touch to get some more information.Get in touch with our team today for a free loan assessment. Apply Now! #### Is It Better to Save or Pay Off Debt First? Juggling financial priorities is tough, especially when it comes to saving and paying off debt at the same time. Whether you’ve got a credit card that’s impossible to pay off, or you’re dreaming of a first home, the question always pops up: Should you save or pay off debt first?The truth is, it’s not always a one-size-fits-all answer. It depends on your situation, your goals, and even your mindset. But don’t worry, we’re here to break it down in a way that makes sense. Why People Struggle with This Question If your finances are tight, it can seem impossible to decide between saving and paying off debt. It may even feel overwhelming. Do you build a safety net or clear those interest-racking debts? You want to do the smart thing, but both saving and paying off debt are smart… so which comes first?Let’s have a look at both sides of this to help you weigh your options. The Case for Paying Off Debt First Here’s the big reason to focus on debt: interest. Especially if we’re talking about credit cards or short-term loans. These can have super high interest rates, sometimes 50% or more. That means your debt is growing faster than your savings ever could.So, if your debt has a high interest rate, it’s usually smarter to tackle that first. Why? Because no savings account is going to give you a 50% return (or even 10%), so you’re basically losing money by letting the debt sit there.Some signs you should focus on paying off debt first:You’re being charged high interest.You’re only making minimum payments.You’re feeling stressed about your repayments.You’re paying off short-term or revolving debt like credit cards. The Case for Saving First Now, there’s one big exception: you don’t want to be caught with nothing. If you throw all your money into debt and something unexpected pops up—like your car breaks down or your dog eats something it shouldn’t—you might end up relying on more debt just to get through.That’s why building an emergency fund is a smart first move. Even just $1,000 tucked away can give you peace of mind and help avoid more borrowing down the track.Saving might be the right call if:You have no emergency fund at all.Your debt is low-interest (like student loans or a home loan).Your job isn’t super secure, or your income is irregular.You’ve got a big expense coming up (e.g., car rego, Christmas). What If You Could Do Both? The best of both worlds? Yes, please! Here’s a strategy that works for a lot of Kiwis: do a bit of both.Build a mini emergency fund – Aim for $1,000 to start with. Just something to cushion life’s curveballs.Pay down high-interest debt – Focus on the worst offenders first.Start small savings habits – Even $10 a week into a savings account helps build momentum.Refinance or consolidate – This is where Loansmart comes in. We can help you roll your debts into one simple loan with lower interest, so you free up cash to save while still making progress on what you owe. How Loansmart Can Help At Loansmart, we believe in smart lending that actually works for your lifestyle. We know everyone’s situation is different, which is why we offer personalised debt consolidation loans, flexible repayment plans, and smart solutions that put your financial health first.We’re not here to judge. Whether you’ve got a stack of credit card bills or you’re just trying to get ahead, we’ve helped thousands of Kiwis find a better way forward. And fast. Apply in 2 minutes, get approved in 1-2 hours*, and get paid the same day*! Tips for Balancing Saving and Paying Off Debt If you’re keen to get on top of both goals, here are a few helpful tips:Automate both – Set up automatic payments for savings and debt so it’s out of sight, out of mind.Use windfalls wisely – Got a tax refund or bonus? Split it—maybe 70% toward debt, 30% to savings.Track your progress – Use an app or spreadsheet to see how your balance is improving. Super motivating.Cut costs – Even trimming one subscription or takeout order a week can add up over time.Talk to the pros – Chat to us about your options. A quick 10-minute call could open up solutions you didn’t know existed. There’s No Wrong Answer At the end of the day, it’s not about choosing one over the other—it’s about making progress. Whether you save first or pay off debt first, you’re taking control of your money. That’s a massive win.But if you’re feeling stuck, don’t go it alone. Loansmart can help you sort through the numbers, compare your options, and come up with a plan that actually works for you.Get in touch with the team at Loansmart today. We’ll help you find a smarter way to borrow, save, and move forward—fast.Apply Now!*Subject to responsible lending checks and criteria Apply Online Now Try our Loan Calculator #### Kelly’s Fresh Start After Multiple Declines When unexpected costs pop up, especially around the home, many people turn to the lenders they already work with and usually feel confident they’ll be supported. But sometimes even the most reliable clients get an unexpected “no.” That’s where Loansmart steps in. We specialise in finding solutions when things don’t go to plan, and that’s exactly what happened for Kelly this month. Kelly’s Home Repair Breakthrough The Need Kelly needed a minimum of $2,000 to fix her home. It wasn’t a big request, just enough to take care of essential repairs. With a strong repayment history, she expected it to be simple. The Challenge Things didn’t go as expected.Kelly already had a loan with a company secured against her home, and they declined her application. She then tried another loan company, where she also had an existing loan and they declined her as well.Kelly was confused and worried. She had always paid on time, yet suddenly couldn’t access the funds she needed for her home. The Solution At Loansmart, we know that one decline doesn’t mean the journey ends, and even two declines don’t close every door. We looked carefully at Kelly’s situation and sent her application to one of our 11 providers, who were able to help by using her car as collateral.Not only did this provider approve her, but the interest rate came back at 18.95%, which was better than some of her current debts.With approval secured, we were able to increase her loan to $15,000, at $122 per week over four years. This allowed us to:Clear her Kiwibank credit card ($15/week)Pay off Finance Now ($36/week)Clear Heartland ($25/week)Pay off Afterpay ($40/week)Clear her Co-op credit card ($20/week)Pay off Jade Financial ($31/week)Those debts totalled $167 per week, and we replaced them with one simple payment of $122 per week, saving Kelly $45 every week, while also giving her fewer debts to juggle.She also had $4,000 cash left over for her home repairs.Her loan also included Credit Contract Indemnity (CCI) insurance from Provident Insurance, providing cover for unexpected events such as accident, illness, income disruption, bankruptcy and more. The cost was built into her repayments, giving her added security and peace of mind during uncertain times.Kelly was incredibly relieved and genuinely surprised that she had options after hearing “no” from her existing lenders.Do you have a sticky financial problem you just don’t know how to solve?Get in touch with our friendly team today for a free loan consultation. We’ll have a chat with you about your situation and help you find a positive solution. Get a free loan assessment Try our Loan Calculator #### Lending Arrears Overview – July Once a month, the Centrix Credit Bureau of New Zealand puts out its Credit Indicator report.This report is a great way to gauge what’s happening in the New Zealand economy by keeping an eye on the nation’s credit health. So, are things looking brighter for Kiwis? Well, for consumers, the news is good.Well, for consumers, there’s some good news. In June and July 2023, there was a decrease in overall arrears figures.Although the year-on-year figures are still up, there have been some slight improvements across most major categories, including personal loans, BNPL products, credit cards, and vehicle loans. Take a look at the trend graph to see the numbers for yourself.Unfortunately, things aren’t as positive for Kiwi businesses. Credit defaults and company liquidations have increased by 36% year-on-year, which is impacting employees and creating challenging financial environments for households across New Zealand. GET MY LOAN NOW Contact Us Today! #### Lifestyle Creep: Why Earning More Doesn’t Always Mean Having More Money Published: 22 July 2026Last Updated: 22 July 2026Author: Murray Greig, Founder of Loansmart Getting a pay rise, starting a better job, or increasing your household income should make life feel easier. In many cases, it does. More income can create more breathing room, reduce financial pressure, and make it easier to work towards bigger goals. But for many people, earning more does not always lead to saving more. Instead, spending gradually increases alongside income. Before long, the extra money is absorbed into everyday life, and it can still feel difficult to get ahead. This is known as lifestyle creep. What Is Lifestyle Creep? Lifestyle creep, also known as lifestyle inflation, happens when your spending increases as your income grows. At first, the changes may seem small. You might start buying lunch more often, upgrading your phone sooner, dining out more regularly, or choosing more expensive versions of things you already buy. None of these choices is necessarily wrong. The problem is that they can become your new normal without you realising. When that happens, a pay rise may improve your lifestyle, but not necessarily your financial position. Why Lifestyle Creep Happens Lifestyle creep often happens because extra income feels like permission to spend more. After working hard, it is natural to want to enjoy the reward. You may feel like you have earned a few upgrades or that you can finally afford things you used to say no to. The challenge is that people quickly adjust to a higher standard of living. What once felt like a luxury can soon feel normal. Over time, spending increases become harder to reverse, especially when they are linked to regular commitments like car repayments, subscriptions, rent, mortgage payments, or ongoing lifestyle habits. Common Examples of Lifestyle Creep Lifestyle creep can look different for everyone. For some people, it may mean upgrading to a newer vehicle, moving into a more expensive home, or taking more frequent holidays. For others, it may be much smaller and harder to notice. Common examples include: Dining out or ordering takeaways more often Upgrading phones, cars, or technology sooner than needed Increasing subscription services or memberships Spending more on clothing, beauty, or hobbies Choosing premium brands at the supermarket Saying yes to more social events Taking on higher repayments because income has increased These changes may feel manageable individually, but together they can reduce the benefit of earning more. The Hidden Cost of Lifestyle Creep The biggest cost of lifestyle creep is lost opportunity. When extra income is absorbed into day-to-day spending, there may be less money available for savings, emergency funds, debt reduction, or long-term goals. This can leave people feeling frustrated. They are earning more than they used to, but still feel like they are living pay day to pay day. Lifestyle creep can also make unexpected expenses harder to manage. If most of your income is already committed to regular spending, there may be less flexibility when the car breaks down, an appliance needs replacing, or another unplanned cost comes up. Social Pressure and Comparison Lifestyle creep is not always driven by personal choice alone. Social pressure can play a big role. Friends may be buying homes, upgrading vehicles, travelling, renovating, or spending more on experiences. Social media can make this feel even more intense by constantly showing the highlights of other people’s lives. It is easy to compare your lifestyle with what others appear to have. The problem is that you rarely see the full financial picture behind someone else’s spending. You do not know whether a purchase was saved for, financed, placed on a credit card, or causing stress behind the scenes. Making financial decisions based on your own goals is usually far healthier than trying to keep up with someone else’s lifestyle. How to Avoid Lifestyle Creep Avoiding lifestyle creep does not mean you cannot enjoy earning more money. The key is to decide where the extra income will go before it disappears into everyday spending. A few simple steps can help: Put a portion of any pay rise into savings straight away. Increase debt repayments if you are trying to pay debt down faster. Review your budget when your income changes. Be careful about taking on new fixed repayments. Keep lifestyle upgrades intentional rather than automatic. Set clear financial goals before increasing spending. Even small decisions can make a difference. If you receive extra income and direct some of it towards your future, you can enjoy your money today while still improving your long-term financial position. When Lifestyle Upgrades Are Worth It Not every increase in spending is a problem. Sometimes spending more can genuinely improve your quality of life. Moving closer to work, replacing an unreliable car, investing in better tools for your job, or paying for services that reduce stress may all be worthwhile. The goal is not to avoid every upgrade. It is to make sure your spending is intentional. A helpful question to ask is: Will this improve my life in a meaningful way, or am I just increasing my spending because I can? That simple pause can help separate valuable lifestyle improvements from automatic lifestyle inflation. Making Your Income Work Harder Earning more money is a great opportunity, but only if some of that extra income is directed towards improving your financial position. Lifestyle creep can happen quietly, but it can also be managed with awareness and planning. By reviewing your spending, setting clear goals, and being intentional with upgrades, you can enjoy your income while still building financial security. If lifestyle changes, higher repayments, or existing debts are making it harder to get ahead, Loansmart can help you review your options and explore lending solutions that may support your financial goals. In the next article, we’ll look at how to spend more intentionally without feeling deprived. Apply Online Now Try our Loan Calculator #### Loan Boost = Dream Wedding Secured Case Study #1 - Martin The Need Martin was getting married but didn’t have enough cash saved to pay for his wedding.He needed $10,000, which would enable him and his fiance to have a really great celebration with their friends and family.Martin applied directly to a well known finance company but he was denied because the lender didn’t think he could afford to make the loan repayments.He then applied with Loansmart to see if we could help. The Challenge The reason the lender declined Martin due to unaffordability was because on his loan application, he mistakenly declared his rent as being higher than what it actually was.He lived in a home where the rent was shared between three people, but the lender believed he was the sole rent payer.This made it look like he had a lot less disposable income than he really had.Martin’s Loansmart loan advisor cleared all this up and explained the situation to the lender. The Solution The lender ended up approving Martin’s loan for $15,000, a larger amount than what he originally applied for.This is the power of having a loan broker on your team. Our loan advisors work on your behalf to get you a great deal through our network of low-cost lenders.We have great relationships with our lenders, so we often have a better chance of getting approval for our clients than if they were to apply to the lenders directly. Case Study #2 - Samantha The need When Samantha first came to Loansmart, she wanted a loan of $1,000 to tidy up some small bills.She hoped to get back on track with a small loan, but during an in-depth assessment of her financial situation, our advisors discovered that Samantha was facing far greater financial struggles than she initially realised.Behind on her mortgage by $23,000 and with overdue land rates amounting to $6,000, Samantha was overwhelmed and unsure how to take control of her growing debt.With these arrears looming over her, she sought a solution that could give her the financial relief she desperately needed. The challenge While Samantha had equity in her home that could potentially provide a way forward, the mounting arrears and her multiple small debts created a situation that felt unmanageable.Traditional lenders might have viewed this as a high-risk scenario, making it difficult for her to access the funds needed to regain stability.At Loansmart, we understand that life doesn’t always go to plan. Debt and overdue payments can sneak up, leaving people feeling stuck. Samantha’s case wasn’t just about approving a loan; it was about finding a solution that addressed the root of her financial difficulties.The challenge lay in consolidating her debts and creating a payment structure that was both manageable and sustainable, giving her the fresh start she deserved. The solution At Loansmart, we don’t believe in cookie-cutter solutions. Instead, we take the time to understand our clients’ individual circumstances and think outside the box to provide creative outcomes.After assessing her needs and available equity, we were able to approve a $40,000 loan via a caveat on Samantha’s property.This amount not only cleared her $23,000 mortgage arrears and $6,000 overdue land rates but also consolidated her smaller debts into a single, manageable loan. This gave her a chance to simplify her finances and focus on just one regular payment moving forward.Our commitment to providing smarter loans isn’t just about delivering funds. It’s about empowering our clients to take control of their financial futures.Samantha’s story is a testament to how Loansmart’s innovative approach and personalised service help clients turn difficult challenges into manageable solutions.Want to find out how Loansmart could help your financial situation? Get in touch with us today! Get a free loan assessment Try our Loan Calculator #### Loan of the month – May 2024 Case study #1: Dale and Jenny The need Dale and Jenny, a couple from Auckland, were struggling with high debt repayments.They had a number of loans and credit cards, and the monthly repayments on all of them came to about $3,000.They needed to find a solution because with so much of their income going towards debt repayments, they had little leftover to do other things.Wanting to gain some more control over their finances and enjoy life more, they contacted Loansmart for help. The challenge Loansmart began the process of getting Dale and Jenny a debt consolidation loan, whereby all their current debts would be paid off and combined into one new loan.The main challenge here was getting the couple a loan large enough, and at a low enough interest rate, so that it actually saved them money on repayments.Fortunately for them, this is the sort of thing Loansmart does every day: find smart solutions to tricky financial situations. The outcome After assessing their application and putting it in front of multiple lenders, our loan advisors were able to come back to Dale and Jenny with a good outcome.Their current loans, plus their three credit cards, were consolidated into a new $72,000 loan with monthly repayments of $1800.Thanks to a much lower interest rate, we saved Dale and Jenny a massive $1200 a month in repayments! This significantly increased their loan affordability and gave them much more disposable income to do what they wanted.One condition of the loan was that Dale and Jenny closed their credit cards to prevent them from falling into the same trap again.Credit cards are an easy way to get caught in a debt cycle, where high interest rates make it difficult to get ahead and actually pay it off.At Loansmart, we want to see our clients thrive financially, so we’re motivated to find solutions that leave them better off.We take the time to listen to our clients and understand their needs so we can give them options that set them up for success.Want to know how much you could borrow? Use our free online loan calculator to find out. Get My Loan Today Try our Loan Calculator Case study #2: Meghan The need Meghan came to Loansmart with a tragic request: she needed funds to cremate her beloved horse. Because they are so large, cremating a horse is expensive, easily running into the thousands of dollars.Unfortunately, Meghan did not have the funds to take care of this, so she started to apply for loans. The challenge Meghan had gone to several banks to get a loan for the cremation but was declined because she had some small unpaid defaults from when she was boarding with friends some time ago.To make things worse, one bank told Meghan it would take a week for them to assess her application, after keeping her on the phone for 45 minutes while they completed it.Not having that much time, she contacted Loansmart for help. The solution Small mistakes like having past small defaults can be a deal breaker for some lenders, but not for Loansmart, which is why our team sprang into action to find Meghan a solution.With our short and simple online loan application, Meghan was able to complete it in just 2 minutes, with our team getting in touch to confirm some details over the phone.We were able to get her the funding for the horse cremation that same day, and while it was under tragic circumstances, Meghan was happy with the result.Loansmart is a loan broker, meaning we put loan applications in front of multiple lenders to get our clients the best deal.This is why we’re able to say yes more often when other lenders say no.Have a tricky financial situation? Get in touch with our friendly team today for a free loan assessment. Get My Loan Today Try our Loan Calculator #### Loan of the month – April 2024 Case study #1: Shaun The need Shaun was struggling with debt payments that were too high, so he needed to free up some of his disposable income. The challenge Shaun had recently sold his business and paid off most of his debts with the proceeds of the sale.However, he still had a large $33,000 loan on a very high-interest rate.Despite working full time with a good income, his loan payments of $1100 per week were making it difficult for him to live. The solution Shaun’s situation was no problem for our expert loan advisors, who specialise in finding smart solutions to financial problems.We consolidated his existing debt into a new low-cost loan, plus added some cash on top so he could tidy up some loose ends.His new $43,000 loan had an interest rate of 18.45%, a lot less than he was paying previously.This reduced his weekly loan payments to just $260 per week, a saving of $840 per week!Shaun can now move on and enjoy having a far more manageable loan payment, which allows him to do more of what he wants to do. Get My Loan Today Try our Loan Calculator Case study #2: Nadine The need Nadine’s car had recently broken down and she desperately needed one to get to work and do the school run. The challenge Nadine applied for a car loan with several lenders but she wasn’t happy with the loan terms, such as needing to secure the car against the loan and pay the seller directly.The lenders also attached several conditions to the loan, like needing to have full insurance, and the car needing to be of a certain age.Nadine just wanted a good used car, and didn’t want to pay for things she didn’t need.She also wanted a bit of extra cash so she could fix up her existing car and sell it. The solution Loansmart is a loan broker, which means we work with multiple lenders to get our customers the best deal.We have lenders who can be flexible with their loan conditions, enabling us to get our customers what they need more easily.We were able to arrange a loan direct to Nadine, which meant she could go out and buy the car she wanted with cash.She also got the extra cash she needed to fix up her old car so she could sell it.Nadine’s loan was unsecured, meaning there was no security needed. Most of the lending Loansmart arranges is unsecured.The benefit of an unsecured loan is there are far less hoops for our customers to jump through, making it an extremely easy process.That’s what Loansmart does best: we do all the jumping through hoops so our customers can just sit back and wait for their loan to be approved.Our entire process is online, so there’s no pesky forms to fill out or appointments to attend. We make it very quick and easy, and most of our loans are approved within 1-2 hours!*Get in touch with our friendly team today to find out how we can help you achieve your financial goals.*Subject to responsible lending criteria. Get My Loan Today Try our Loan Calculator #### Loan of the Month – August 2024 The Need Carol, a pensioner from Auckland, was struggling with her daily living costs. Receiving the pension as her only income didn’t leave her with much leftover for simple pleasure like going out for coffee with friends, or buying presents for her grandchildren.One of the biggest drains on her income was her GEM Visa credit card, which was incurring interest at 29.95%.She wanted to reduce the amount of interest she was paying to free up more of her income to help make life a little easier. The Challenge Loansmart arranged a debt consolidation loan for Carol, which involved paying off all her credit cards and giving her a new loan at a lower interest rate of just 18.95%.This significantly reduced her monthly debt repayments, enabling her to enjoy that bit of extra income she needed.One of the challenges Carol faced during this process was completing the electronic contract, as she struggled a bit with technology.While Loansmart’s paper-free loan process is welcome for many customers, some clients who may not be so confident with technology can find this a little tricky.However, our friendly and patient loan advisor was able to guide Carol through the process step-by-step to make it as easy as possible for her. The Solution Carol was able to complete the signing of the contract and received her new loan at a significant monthly savings.This was her feedback to her loan advisor:  “Thanks heaps for your help with this. And thanks for your patience. Times are pretty tough at the mo. It’s great not having to pay 29% interest anymore. I will definitely recommend you. Thanks again.” At Loansmart, we’re all about making getting a loan as easy as possible. We jump through hoops so you don’t have to!Everything about how we work is simple, from our quick 2-minute application form to our 100% online loan process.Many of our loan applications are approved online in 1 – 2 hours*, with same-day payout possible*.But it’s not just our speed and simplicity that makes us so good, it’s also that through us, you get access to a fantastic network of low-cost lenders.As a loan broker, we put your application in front of multiple lenders so you can choose the best rates and repayment options. More lenders gives you more choices and more chances of being approved!We want you to succeed financially, so our loan advisors take the time to look at your entire lending situation to try and find a better deal for you. With us, you can be sure you’re getting a fairer deal from a low-cost lender that cares.*Subject to responsible lending checks and criteria. Get a free loan assessment Try our Loan Calculator #### Loan of The Month – December 2023 The Need Ben and Jodie, a married couple, needed a quick $5,000 loan urgently for funeral costs. The Challenge The couple already had multiple existing loans, potentially limiting their ability to service a new loan. Adding another loan would also make it hard for them to manage their existing loans. The Solution The Loansmart team didn’t let those existing loans stop them from finding a positive solution for Ben and Jodie. Their broker proceeded to get them the $5,000 loan through one particular lender. At the same time, they arranged for a second loan – a debt consolidation loan – to be arranged. By consolidating their existing debts into a new loan at a better rate, Ben and Jodie would be able to save money on debt servicing costs.Ben and Jodie were excited by the prospect of lowering their debt payments, so they took out the new debt consolidation loan as well as the $5,000 loan for the funeral. All of their loans now totaled about $30,000.Later, just before Christmas, the couple came back to Loansmart needing cash for an upcoming family holiday. Their recent loan was too new to be topped up with extra cash, so their broker arranged for their existing loans to be consolidated again into a new debt consolidation loan through a different lender. They also received the cash they needed for their holiday. Loansmart extended the term of this loan to seven years, making the payments more affordable.Loansmart specialists in providing personalised solutions to complex problems. If Ben and Jodie had gone directly to a finance company, this arrangement would not have been possible, and they would have ended up with 4-5 different loans, which would have been very difficult to manage.By coming to Loansmart, our lending experts were able to find creative solutions quickly for the couple. The advantage of using a loan broker is that we have access to multiple lenders. By putting their loan application in front of different lenders, we’re able to get them the best deal that suited their needs. GET MY LOAN NOW Contact Us Today! #### Loan of the month – February 2024 Case study #1: Jarod The need Credit arrears are the highest Jarod wanted to free up some more disposable income, as he was paying $469 servicing his debts. He came to Loansmart wanting to combine his debt into a new debt consolidation loan – a great way to reduce his weekly payments. The challenge Jarod had eight different types of debt, including Buy Now Pay Later, credit cards, a car loan, a personal loan and a higher purchase. The solution Debt consolidation is Loansmart’s specialty, so our team sprang into action and quickly came up with a solution for Jarod.We arranged to have all his debts paid off with a new debt consolidation loan taken out through Loansmart. This new loan had a weekly repayment of $235, so Jarod now had an extra $234 per week to spend however he chose.Not only that, but there was a little cash left over after the deal was done, so Jarod used this to tidy up a few loose ends around his house.Loansmart helps people like Jarod every day reduce their debt costs through debt consolidation loans. We are loan brokers, which means we don’t lend funds directly, but instead use our network of lenders to find the best deal for our customers.When people come to us with high amounts of debt, they often have existing loans at relatively high-interest rates. With interest rates starting at 9.95%, Loansmart can usually offer our customers a better interest rate, saving them considerable amounts of money on debt repayments.Find out how debt consolidation has helped other people like the Williams family. Apply Now! Case study #2: Justina and Tama The need Justina and Tama needed a new $25,000 water tank for their property. The challenge The couple already had a $60,000 loan against their property, and an unsecured loan with another loan provider.Multiple loan payments and increasing home ownership costs – like rising interest rates – were starting to eat into their savings, so Justina and Tama wanted some help to manage this before things got worse. The solution Loansmart specialises in finding smart solutions for complex problems. After Justina and Tama discussed their situation with Loansmart, our expert loan advisors immediately started working on finding a positive outcome for them.Using their house as security, our team was able to pay off all their existing debts and consolidate them into a new loan with a 7-year term. This significantly reduced the amount of money they were paying in debt repayments by more than $100 per week.The best part is, their loan contract included a clause which would enable them to refinance with their bank later without facing any early repayment penalties.This is the kind of creative solution Loansmart is known for. Since 2008 we’ve helped thousands of Kiwis get out of sticky financial situations and regain their freedom by providing smarter low-cost loans without any fuss.Our 100% online process means we can work faster to find positive solutions for our customers.Looking for help to take control of your finances? Get in touch with our friendly loan advisors today for a free loan assessment. Apply Now! #### Loan of the month – July 2024 Case study #1: Ricky The need Ricky was fairly new to New Zealand and was here on a work permit.He wanted to advance his career by applying for a role in upper management, but in order to be eligible for the role he needed a certain level of qualification.The course was going to cost $20,000. Ricky didn’t have that kind of cash lying around, considering he’d already spent a good chunk of his savings getting to New Zealand and setting up his new life here. The challenge Ricky applied for a loan with several lenders but kept getting declined, mostly because he hadn’t been in New Zealand long and didn’t have a detailed credit history.This was very frustrating for him because in order to get credit, he needed to have a credit history, but the only way to get that was to take out a loan!Eventually he learned about Loansmart and contacted us to see if he could help. The solution One of our friendly loan advisors listened to Ricky’s story and found out that he earned a good income with a reputable company, and had good prospects for career advancement.We were able to help him pay for his course, which he was delighted with.When it comes to personal loans, Loansmart really is the smarter choice. We take the time to find out about our customers and understand their needs so we can arrange loans that work for them.Even for people with no credit score, we’re still able to find a positive outcome most of the time.Getting a loan through Loansmart involves more than just credit scores. Our team looks at your bank statements from the last three months to see if you can afford it.Our goal is to help you get ahead financially, so we’ll make sure you can afford the payments. Your chances of getting approved will increase if you have good conduct – which basically means you earn more than you spend.When it comes to getting loans, Loansmart says yes more often, and we don’t exclude people based on their credit score. Get My Loan Today Try our Loan Calculator Case study #2: Donna The need Kiri was at home in Auckland when got a call with some terrible news, that a family member living overseas had passed away.She needed to get to the funeral but didn’t have the cash in the bank to fund the trip.With the cost of travel having increased so much over the past few years, paying for return plane tickets – as well as all the other inevitable costs incurred through travel – just wasn’t going to happen.Not knowing what she could do, she got in touch with Loansmart to see if we could help her find a solution. The challenge The trickiest part of Kiri’s situation was that she needed to travel the next day, so she needed her loan to be approved and paid out almost immediately.Usually, we can get loan approval for unsecured loans within 1-2 hours*, but this was an especially urgent matter, and it was touch and go whether we would be able to make it happen.However, our team leapt into action and did all they could so Kiri could get to the funeral.*Subject to responsible lending checks and criteria. The solution Despite the incredibly short time frame, we were able to get Kiri’s loan approved and paid out that same day. She was able to hop on a flight the following day and make it to her family member’s funeral on time.Because Loansmart is a loan broker, we work with multiple low-cost lenders to secure the best deal for our clients. We’ve built solid relationships with our lenders, so they’re more likely to bend over backwards for us and our customers.If Kiri had applied for a loan directly with a lender, she would have been put in a queue and made to wait her turn.Instead, she got the benefit of the huge speed advantage Loansmart has. It’s all done online, so you don’t have to fill out forms or make appointments. It’s super simple and most loans are approved within 1-2 hours!*Get in touch with our friendly loan advisors to find out how we can help you reach your goals.*Subject to responsible lending criteria. Get My Loan Today Try our Loan Calculator #### Loan Of The Month – June Emergency Vet Finance We’re starting a new series called Loan of the Month. Every month, we’ll pick a loan where our team found a solution to a challenging need, and discuss how we helped.Now let’s look at this month’s winner. The Need If your pet needs emergency vet care and you do not have the cash or insurance to cover the cost, it can be stressful.Sadly, you may be required to pay a substantial deposit to a vet before they will even admit your pet for treatment.This month’s loan of the month goes to a client who was in this exact situation. Loansmart helped her secure vet finance.  The Challenge Initially, she tried another loan company, but was declined. This was because she already had four loans.Her distress was even greater when she came to us, as she urgently needed funds to get her pet the care it needed, and had lost time applying and being rejected by another provider. The Solution Our team is already fast, but when situations like this arise we move at lightning speed. In addition to finding our client the extra funds she needed, we were able to consolidate her existing high interest loans into one low interest loan at a highly competitive rate. Her beloved pet received the care it needed, and she lowered her loan costs.Here’s what our client had to say I had the pleasure of dealing with one of the Loansmart team members this morning and talk about being very fast and efficient. Got everything all done and dusted within 2 hours. Unlike another company that I had tried that didn’t seem to be too interested in keeping me up to date, The Loansmart attendant kept me informed at every step. Repayments and interest rates are reasonably good too.Thank you so much to the Loamsmart team. You guys made the process so easy. Name changed for privacy Are you facing a particularly challenging lending situation? Try us – we try our hardest.  Get a Free Assessment #### Loan of the month – June 2024 Case study #1: Rhys The need Rhys, a homeowner from Auckland, needed to get some minor renovation work done on his house.He reckoned $20,000 would be enough, so he started to consider his options.One possibility was applying for a mortgage top up through his bank, but was going to take longer than a week to get sorted.Even applying for a personal loan with the bank was going to take a few days, and he wanted to get onto it as soon as possible.After learning about Loansmart’s super quick approval times, he applied for a loan with us. The challenge One of the most difficult things about renovating is you never quite know how much it’s going to cost.Rhys’ estimate of $20,000 certainly seemed reasonable, but if you’ve ever watched a home renovation show on TV you’ll know that these things always seem to go over budget.Once tradespeople get to work it’s almost inevitable that some complication will arise that requires more time and materials to fix.With that in mind, the savvy Loansmart team came up with a great solution for Rhys. The outcome Anticipating that Rhys’ renovations would probably end up costing more than the initial $20,000 he estimated, Loansmart’s loan advisors secured his approval of an unsecured loan of up to $75,000.By securing the largest amount possible, Rhys could go back and double check his estimates with his tradespeople to make sure he was going to have enough.In the end, he reworked his figures and eventually decided to borrow $35,000.This was a smart move, because it gave him wiggle room in case the renovations ended up costing more.If that happened and he’d borrowed the smaller amount, he might have had to look for additional loans elsewhere.This is a great example of why Loansmart is the smarter choice. Our loan advisors take the time to understand what our customers need and offer them clever solutions.With same day payouts on lending up to $75,000 unsecured, Loansmart is the fast, low-cost option. Get My Loan Today Try our Loan Calculator Case study #2: Donna The need Donna wanted to get a job that paid better, but to do that she needed to improve her qualifications.She needed $20,000 to pay for a course that would further her education and improve her earning power. The challenge Donna applied for a loan through several providers but got declined because of past problems paying power and phone bills on time.While these providers simply declined Donna outright, the friendly team at Loansmart took the time to listen to her story.They found out that the unpaid bills were due to her living with an ex partner who was meant to pay the bills, but often didn’t.This left her credit score in a bad state, making it very hard for her to borrow the money she so desperately needed. The outcome Loansmart was able to use Donna’s car as security and get her approval for the loan the same day she applied.She was stoked that she could immediately enroll in her course and get started furthering her education.With Loansmart, we talk with our clients so we can understand their situation, helping us provide them with better solutions.There’s no one-size-fits-all approach to lending, which is why our solutions are tailored to suit our clients’ unique needs. Get My Loan Today Try our Loan Calculator #### Loan of the month – March 2024 Case study #1: Tamara The need Tamara found out her car needed urgent repairs, so she sat down to do her budget and realised she just couldn’t afford it.Car repairs are one of the most common reasons people seek loans, because they’re almost always unexpected. No one plans for their car to break down!In this economic climate, where many people are facing high living costs, it can be difficult for them to put money aside for emergencies like this because they simply don’t have the wiggle room. The challenge Tamara already had existing loans, and she was only just managing to keep up with the repayments on those, so simply adding a new loan was out of the question.She also needed some cash quickly to get her car back on the road, so there wasn’t time for her to go hunting for a cheap loan.She had heard some positive reviews about Loansmat, so she decided to give the team a call to see if they could help her out of her jam. The solution The Loansmart team sprang into action to help Tamara get access to the funds she needed.They got her a new loan for the car repairs and also consolidated her existing debt into a new debt consolidation loan.The interest rate on this new loan was considerably lower than the original loans, so Tamara’s weekly payments dropped by $100 per week!She was delighted with these savings, which meant that not only could she afford her car repairs, but also some of the financial strain she’d been experiencing was reduced.Tamara was happy with how simple and easy the process was, which is one of the reasons Loansmart has so many positive reviews!We’ve helped thousands of Kiwis get access to the funds they need through our simple, quick processes that take the hassle out of getting a loan.There’s no jumping through hoops with Loansmart – we take care of that! All you have to do is give us some basic information and we’ll handle the rest.Our fully online process means you won’t be swimming in confusing paperwork or taking time off work to sign something in person. It’s all done digitally, leaving you free to get on with your day while we work hard to find you a great loan deal.Get in touch with our friendly team today for a free loan assessment. Apply Now! Case study #2: Terry The need Terry wanted to sell his house, but it needed $60,000 worth of repairs before he could put it on the market. The challenge Terry needed this cash quickly because he urgently needed to sell his house.He first went to the bank to arrange a loan, but his bank was taking upwards of a week to get him an answer.While he waited, he got in touch with Loansmart to see if we could help. The solution Fortunately for Terry, Loansmart specialises in fast loans. We were able to approve his loan the same day.We also tailored his loan to suit his needs. Because Terry only needed the cash short term to cover the urgent house repairs, we arranged an interest-only loan for six months.This kept the loan repayments at a minimum while he went about selling his house. Once the house is sold, he can then pay back the loan.Terry was delighted with the result – he got the cash he needed almost immediately after applying.That’s the sort of speed our customers expect from us, and we deliver.Contact our friendly team today to find out how we can help you achieve your goals. Apply Now! #### Loan of The Month – October 2023 Case study #2: Albin* The Need Albin needed to buy a car and applied for a loan through a few different lenders.Unfortunately, he was declined because he has a bad credit history.Not knowing where else to turn, Albin got in touch with Loansmart and explained his situation to one of our friendly advisors. The Challenge The team at Loansmart are experts at finding fast solutions to problems like Albin’s.We know that just because a person has a bad credit history doesn’t mean they shouldn’t have access to low cost loans.When our advisors looked into Albin’s application and put it in front of several lenders, they found that not all lenders had a problem with Albin’s credit history.Different lenders use different credit reporting agencies, meaning that while some lenders declined Albin’s application, others approved it. The Solution Our team was able to connect Albin with a lender who was happy to approve his loan, and Albin had his car the very next day.This is an example of how Loansmart offers an advantage: by putting loan applications in front of a range of different lenders, borrowers have a better chance of getting approval.While some lenders declined Albin’s application, others approved it, so we could offer him options from those lenders.This is how Loansmart makes the borrowing process so easy for our customers: just one application results in many loan options, and higher rates of approval.*Names changed to protect privacy. GET MY LOAN NOW Contact Us Today! #### Loan of The Month – September 2023 Case study #1: Marama* The Need Marama wanted to surprise her husband with a holiday to mark their 25th wedding anniversary.With an idyllic location and beautiful accommodation picked out for the special occasion, she approached her bank for a loan to help pay for the trip out of her income.Marama and her husband had a joint mortgage with the bank, so expected it would be no trouble for her to take out a loan with them.Unfortunately, the bank declined Marama’s loan application because they expensed half the mortgage against her income. They assumed – incorrectly – that the mortgage was split equally between Marama and her husband, making the loan unaffordable.However, if they had looked at the lower portion of the mortgage Marama actually paid, they would have seen that she could have afforded the loan out of her income. The Challenge Marama came to Loansmart seeking a resolution to her problem.Our advisors could see that the bank had not taken a “real world” approach to Marama’s situation, so they connected her with a lender that understood the situation and could apply some common sense to the matter.The lender could see that she paid less towards the mortgage than her husband, and therefore had more disposable income than the bank had assessed. The Solution The lender approved Marama’s loan, meaning she could surprise her husband with an unforgettable holiday to celebrate their anniversary.Marama’s story is typical of the practical approach Loansmart takes to helping people find easy solutions, without them having to jump through hoops to get there.By looking outside the box, our advisors go the extra mile to find fair loan options to make sure our customers get the best deal.*Names changed to protect privacy. GET MY LOAN NOW Contact Us Today! #### Loan of the month – September 2024 Case Study #1: Kira The need Kira needed to buy a new car and decided a budget of $20,000 would be ideal.Unfortunately, she didn’t have enough in her savings account to cover it, so she came to Loansmart to see if we could help.The challengeKira wanted the cash paid directly to her, rather than to the seller. This was because the car she was interested in was in another city, and she wasn’t 100% sure if she would buy it before viewing it.But if she loved the car and it checked out, she wanted to be able to buy it on the spot.She also wanted the freedom to arrange her own car insurance if she decided to go ahead with the purchase.Luckily for Kira, Loansmart specialises in making lending super easy. The challenge Kira wanted the cash paid directly to her, rather than to the seller. This was because the car she was interested in was in another city, and she wasn’t 100% sure if she would buy it before viewing it.But if she loved the car and it checked out, she wanted to be able to buy it on the spot.She also wanted the freedom to arrange her own car insurance if she decided to go ahead with the purchase.Luckily for Kira, Loansmart specialises in making lending super easy. The solution Loansmart was able to get Kira an unsecured loan to buy her car.An unsecured loan is usually the best way to buy a car because you simply get the cash deposited into your bank account to spend as you please.Some lenders impose all sorts of conditions on their car loans, such as the vehicle needing to be a certain age, or requiring a particular type of insurance.This is common with secured car loans, where the vehicle itself is used as security against the loan.With an unsecured loan, you can go car shopping with the freedom of cash. This is ideal because you can then buy whatever car you want, from wherever you want.Kira was delighted that Loansmart could get her the money she needed so easily. She loved how quick and easy it was, and she’s now enjoying driving around the city in her beautiful new car.With Loansmart’s unsecured car loans, you can borrow up to $75,000 from just 11.95%! Get My Loan Today Try our Loan Calculator Case Study #2: April The need April desperately needed to reduce her debt. She owed about $35,000 on several credit cards and was struggling to meet her repayments.Having initially taken out the credit cards thinking it was an easy way to pay for things, she found the interest rates of nearly 30% were very high, making it impossible for her to pay them off.She came to Loansmart looking for a debt consolidation loan at a lower interest rate to help her reduce her overall debt. The challenge April had already applied for a loan from several loan providers, including her bank, but had been declined everywhere.She told us we were her last resort.For the Loansmart team, this is where they excel. Every day they help people who may have less-than-great credit scores by arranging fair, affordable loans that help them get back on track. The solution April’s loan advisor had a look at her financial situation and got her approved for a $75,000 loan, plus combining all her existing debts into one manageable loan payment.Loansmart’s debt consolidation loans are the ideal solution for people like April because our interest rates are often considerably lower than those on their existing debts.Her new loan had an interest rate of 17.95%, about 10% less than she was paying before.We structured the loan over a 7-year term to improve the affordability, reducing April’s weekly repayments from $700 to just $350!She was overjoyed at this massive improvement in her financial situation.To find out how Loansmart can help you improve your financial circumstances, get in touch with our friendly loan advisors today. Get My Loan Today Try our Loan Calculator #### Loans for Not So Good Credit Published: 24th October, 2025Last Updated: 7 June, 2026Author: Murray Greig, Founder of Loansmart Can you get a loan when you have not so good credit? Yes, you may qualify for a loan with imperfect credit. Many borrowers with poor credit histories can still qualify for loans if they demonstrate affordability and repayment capacity.If your credit history isn’t perfect, you may still qualify for a fair, manageable loan.Key Takeaways: Loans for Not So Good CreditHere are the key facts to know if you’re considering a loan with not-so-good credit:You can still get a loan with not-so-good credit. A poor credit score doesn’t automatically mean you’ll be declined.Many lenders assess your full financial situation, not just your credit score. This includes income, expenses, and your ability to afford repayments.Debt consolidation can improve loan affordability by replacing multiple debt repayments with a single repayment. Improved affordability increases a borrower’s disposable income position, which lenders often evaluate when determining loan eligibility and approval.Interest rates may be higher than for borrowers with excellent credit. This reflects the additional risk, which makes choosing the right loan structure especially important.Structuring repayments to be affordable helps you stay on track. Making every repayment on time not only keeps the loan manageable, but can also help improve your credit score over time.If you’ve ever worried that your not-so-good credit history will stop you from getting a loan, you’re not alone. Many Kiwis are in the same boat – 13% in fact, according to the latest Centrix Credit Report.Maybe you’ve missed a couple of payments in the past, had a default show up on your record, or you simply don’t have much credit history at all. Whatever the reason, it doesn’t mean you can’t borrow money. The good news is that there are still options available for people looking for loans with not-so-good credit. What Does Not So Good Credit Mean? In New Zealand lending, not-so-good credit typically refers to borrowers who fall within the Fair credit score range (300–499). This classification indicates an increased lending risk but does not mean a borrower is irresponsible or unreliable.A not-so-good credit rating may result from:Late or missed bill paymentsLoan defaults or arrearsMultiple credit applications within a short periodLimited or no previous credit historyBorrowers with little borrowing history may also appear higher risk simply due to a lack of available data.Having not-so-good credit doesn’t make you a bad borrower. It simply means that from a lender’s perspective, you may seem like more of a risk compared to someone with a sparkling credit history. This could be due to late bill payments, loan defaults, or even applying for lots of credit in a short space of time. Sometimes, it’s just that you haven’t borrowed before, so there’s little for lenders to go on. If you are in the ‘Fair’ range, you’re what’s deemed ‘Not so good’.Check out this article on credit scores, which explains the different rankings from ‘Excellent’ through to ‘Poor’.New Zealand Credit Score Ranges ExplainedThe following credit score ranges are based on commonly used New Zealand credit reporting standards and illustrate how lenders typically assess borrower risk:Excellent (800–1,000): Very strong credit profile with access to the lowest interest rates.Very Good (700–799): Considered reliable and low risk by most lenders.Average (500–699): Eligible for standard lending products and terms.Fair (300–499): Higher perceived risk; may face higher interest rates or additional conditions.Poor (Below 300): Limited access to credit; approvals are more difficult but not always impossible. Can You Still Get Loans for Not So Good Credit? Yes, you can still get a loan with not-so-good credit. At Loansmart, we help Kiwis access affordable, manageable loans by looking beyond a credit score and focusing on the bigger picture.While your credit history is part of the process, what matters most is your current financial situation — including your income, regular expenses, and whether the repayments will be affordable for you right now. This approach allows loans to be structured in a way that supports long-term financial stability, not short-term pressure.Making Repayments More Manageable Through Debt ConsolidationOne of the most effective strategies for improving loan affordability is debt consolidation. This involves combining multiple high-interest debts into a single loan with one regular repayment.Debt consolidation may:Reduce total weekly or monthly repaymentsSimplify budgeting with one payment instead of severalLower financial stress and reduce the risk of missed paymentsLower repayments improve affordability, which is a key factor lenders consider when approving loans for borrowers with not-so-good credit.Real examples from Kiwi borrowersWe see the impact of manageable loan structures every day.Emma had fallen behind on her mortgage repayments and was feeling overwhelmed. We helped clear her arrears and restructured her loan, significantly reducing her repayments and giving her breathing room and peace of mind.Read Emma’s story.Sophie had already been declined by other lenders. We were able to help secure an additional $3,000 she needed, while reducing her weekly repayments from $400 to $250 — a saving of $150 every week that made a real difference to her family budget.Helping Kiwis access smarter, more affordable loans — even after financial challenges — is what Loansmart does best. Things to Keep in Mind Interest rates may be higher than those offered to borrowers with excellent credit, as these loans are considered higher risk. However, in many cases, we’re able to secure lower rates than borrowers are currently paying on existing loans.Approval times can vary. Applications may take a little longer when credit history is less than perfect, but with access to multiple lenders, there are often more options available.How your application is structured matters. Positioning a loan around affordability and sustainability can make a significant difference to approval outcomes. How to Improve Your Chances The best tip is to get in touch early. Don’t wait until you’ve missed multiple payments – reach out before things get too far behind. The more repayments you miss, the more your credit score will be affected, making it harder to secure the best deal.Another important tip is to avoid applying with too many lenders at once. Each application leaves a mark on your credit file, and too many in a short space of time can drag your score down. By coming straight to us, we’ll manage the process and approach the right lenders on your behalf, giving you the best chance of approval without the extra stress. Rebuilding Your Not So Good Credit Score One of the benefits of getting a more manageable loan, with lower repayments, is that you’ll be able to repay it on time — is that it can actually help rebuild your credit score. Every payment you make on time adds to your credit history, showing future lenders that you’re reliable. So, not only can you access the money you need now, but you can also set yourself up for better borrowing opportunities down the track. You can find more tips to rebuild your credit score in this article, How to Increase Credit Score in 6 Months.If you’ve got not-so-good credit, don’t let it put you off applying for a loan. At Loansmart, we look at the bigger picture, not just your past mistakes. We’ll work with you to find a loan that fits your budget and helps you move forward.Apply online today and find out how easy it can be to get started with Loansmart. Our team is here to help you every step of the way.*Subject to responsible lending criteria. Loans for Not So Good Credit FAQs Can I really get a loan if my credit isn’t great? Yes, you may still qualify for a loan with not-so-good credit. Having not-so-good credit doesn’t mean you’ll automatically be turned away. At Loansmart, we look at your overall situation — including your income, expenses, and ability to repay — not just your credit score. How can I improve my chances of getting approved? Improving your chances starts with showing affordability. Stable income, keeping current bills up to date, and demonstrating that you’re managing your finances well now can strengthen your application. Will a loan help me rebuild my credit? Yes, a loan can help you rebuild your credit score. Making every repayment on time builds a positive repayment history, which is recorded on your credit file and can help improve your credit score over time. Are loans for not so good credit more expensive? They can be. Because these loans are considered higher risk, interest rates may be higher than for borrowers with excellent credit.  Do you offer unsecured loans? Most of our loans are unsecured, which means you don’t need to use your car or another asset as security. However, if your credit history is poor, we may require a secured loan to give us confidence in lending. How much can I borrow? Loan amounts typically start from around $2,000. You may be able to borrow up to $75,000 unsecured, or up to $150,000 with a secured loan, depending on affordability. How much will my repayments be? That depends on how much you borrow, the term of the loan, and your interest rate. To get a quick estimate, you can use our personal loan calculators before you apply. What interest rates do you charge? Our rates start from 9.95% per annum. If you’ve got not-so-good credit, your rate may be higher depending on your circumstances. The most you’ll pay is 35.50%, and we’ll always be upfront with you before you commit. Apply Online Now Try our Loan Calculator #### Loans No Credit Score Loans With No Credit Score: What You Need to Know If you’re searching for “loans no credit score”, you’re usually looking for a loan when you have little or no credit history. This can apply if you’re new to borrowing, recently moved to New Zealand, or haven’t used credit for a long time.Not having a credit score is different from having bad credit. It simply means there isn’t enough recent information on your credit file for lenders to calculate a score.Keep reading to learn more about why credit scores are important and how to build one if you don’t have a credit score.Quick Summary: Loans With No Credit ScoreYou can still get a loan without a credit scoreNo credit score is different from bad creditAffordability and income matter more than past borrowingCredit checks are still part of responsible lendingOn-time repayments can help build your credit history Why credit scores matter Credit scores are an essential part of the lending process because they provide lenders with valuable information about a borrower’s financial history and behaviour.They take into account factors such as your payment history, the amount of debt you have, the length of your credit history, and the types of credit you’ve utilised.When you make a loan application, the lender will do credit checks to find out more about your ability to pay back the loan. But how do you actually get a credit score? When you first apply for credit of any kind, or when a person or company runs a credit check on you, a credit file will be created for you.Reasons why someone might run a credit check on you include renting a property, getting a job, or signing up for a phone plan.Every time you apply for a loan or line of credit, that also gets recorded on your credit file, even if you don’t actually take out the loan. It’s important to keep this in mind because if you make too many loan applications in a short period of time, it can negatively affect your credit score. The importance of credit scores in the loan approval process Having a good credit score can make it easier for you to get a personal loan and get better interest rates. Lenders use credit scores to assess the level of risk involved in lending money to an individual. A higher credit score usually means a lower risk for the lender, while a lower credit score may indicate a higher risk. How Credit Scores Impact Loan Terms and Interest Rates Your credit score plays a significant role in determining how much your loan will cost. The two things that influence how much your repayments will be are the loan term and the interest rate. Loan term This is how long your loan is taken out for. The longer the loan period, the less the weekly repayments. At Loansmart, we provide loans over periods from 6 months to 84 months. We use the loan term to make loans more affordable. For example, if you want to borrow $2,000 over a 1-year term, your loan payments will be about $175 per month (at a 9.95% interest rate). However, if you take that same loan out over a 2 year period, it will cost just $92 per month. Interest rates If you have a high credit score, you can usually get a better interest rate. This is because a higher credit score demonstrates responsible financial behaviour and a lower likelihood of default, meaning you are unable to make your repayments. Loansmart’s interest rates start from 9.95%. Interest is calculated annually, commonly referred to as APR (Annual Percentage Rate). Why Don't I Have a Credit Score? If you don’t have a credit score, there are several reasons why this might be the case. If you’re young, it’s likely you won’t have a credit score because you haven’t had the opportunity to obtain credit yet. You usually have to be 18 years or older to obtain credit in New Zealand.Another reason you might not have a credit score is if you haven’t obtained credit in a while. In New Zealand, most information is removed from your credit report after five years, so if you’ve paid off a loan but haven’t used any other credit lines for a few years, you might lose your credit score. Building credit without a credit score If you don’t have a credit score but you want to build one, there are several ways you can do this. Utility bills Anyone who has an account with a utility provider – such as power or water – has a line of credit. This is because in New Zealand, power and water generally are not prepaid. Utility bills are usually postpaid, meaning you pay for the previous month’s use. Taking out a utility bill in your name is one way to start building credit, but make sure you make payments on time, otherwise, your credit score will go down and you might find it hard to obtain further lines of credit. Monthly phone plans Another way to start building your credit score is to get a phone plan. This is different from a prepaid phone service, where you pay for it before you use it. A postpaid plan – often called a Pay Monthly plan – is when you pay for a set amount of data, minutes and texts each month. Just like with the utility bills, you get a line of credit to use this service, thereby helping you build your credit score. Credit cards Taking out a credit card with your bank is another great way to start building your credit score. However, credit cards can be risky business if you’re new to credit, and you need to be very disciplined to avoid getting into a debt spiral.A credit card allows you to easily buy things you don’t actually have the cash for. The bank essentially lends you that money the instant you pay for something, and you have to pay that back. The problem is that interest rates on credit cards are relatively high – usually about 19.95%. If you pay your credit card bill on time each month, it won’t cost you anything. But if you have a few big purchases and fall behind on your payments, that debt can quickly mount up. If you miss payments, your credit score will drop. Can I Get a Loan With No Credit Score? Yes! Even if you have no credit score, or your credit file doesn’t have much information, there are still ways to get a loan.When you apply for a loan through Loansmart, we consider more than just your credit file. Our team will have a look at your last three months of bank statements to see if you can afford to borrow money.We want to see you achieve financial success, so we’ll make sure you can afford the monthly payments.If your conduct is good – which basically means you earn more than you spend – your chances of approval will increase. Having a regular income with enough wriggle room that you could deal with any unexpected expenses is important.Loansmart says yes more often, and we believe things like having no credit score – or even a bad credit score – shouldn’t exclude you from getting a loan.We’re all about finding solutions and making the process super easy for you. We jump through all the hoops so you don’t have to!All you have to do is fill out our simple 3-minute online loan application form and we’ll be in touch to get some more information from you.With Loansmart, there’s no waiting around. Most of our loans are approved within 1-2 hours! *Our 100% online process means there’s no pesky forms to fill out and no appointments required. We’ll give you loan options so you can get a deal that suits you.We provide fast cash loans and affordable personal loans on favourable repayment terms without the hassle. Get a free loan assessment *Subject to responsible lending criteria FAQs Can I get a loan if I have bad credit? Yes! Loansmart specialises in providing bad credit loans for people with poor credit history. Having a bad credit history isn’t a deal breaker for us, we work fast to find solutions no matter what your financial situation is. Check out our ultimate guide on improving your credit score. What's the best way to improve my credit score? To improve your credit score, ensure you make any loan repayments on time, and avoid making any late payments on utility bills, such as internet, phone or power. Can I get a no credit check loan? In New Zealand, responsible lenders must make checks to ensure you can afford to borrow money. There’s no such thing as a no credit check loan, but don’t let this put you off – if you have bad credit, or no credit score, Loansmart will help you find a solution. Is there a minimum credit score to get a loan? No. When you make a loan application with Loansmart, we consider much more than just your credit file: we look at your income, your ability to make loan repayments, your financial history, and your current financial situation. If you have a poor credit score, we can usually find a positive outcome*. Do I need to provide my bank statements to get a loan? Yes. We will ask you to provide us access to your last three months’ bank statements when you apply for a loan through Loansmart. Do you need proof of income when I apply for a loan? Yes. Loansmart considers employment status and employment history when we make lending decisions. What credit limit can I get? The amount you can borrow depends on several things, like your financial history, current level of debt, and your income. Loansmart lends up to $75,000 unsecured, but your credit limit will depend on your individual circumstances. If you have no credit score, you may require a secured loan.*Subject to responsible lending practices Apply Now! #### Loans of the month – August 2023 Case study #1: Clayton* The Need Getting the whānau together for a celebration is one of life’s great joys, but it can also be expensive.Whether it’s a wedding or a family reunion, these events can quickly run into the thousands of dollars.Having this amount of money on hand can be a big ask if you haven’t been planning ahead.This is the situation Clayton was in when he came to Loansmart for a $5,000 loan for his family function. The Challenge A Loansmart advisor assessed Clayton’s situation and found he was behind in his mortgage payments, and had been working with his bank to refinance.The bank was taking a long time to resolve this, leaving Clayton in a tricky situation because he urgently needed the $5,000 loan.Fortunately for Clayton, quick solutions are Loansmart’s specialty. The Solution Loansmart consolidated his debts – including the mortgage arrears – into a new loan, allowing him to get up to date on his mortgage and also borrow the $5,000 he needed for his family function.The advisor also set Clayton up with a mortgage broker who could help him refinance his home loan later in the year.Clayton’s story is just one example of how Loansmart does more than just dish out loans: we care about our customers and we work hard to find fast solutions that work for them. Case study #2: Kylee* The Need Kylee contacted Loansmart to apply for a top up to an existing $5,000 loan she took out through us in 2022. The Challenge In addition to the previous $5,000 loan, Kylee also had other debts she needed to pay. She was paying $271 per week on her loans. The Solution A Loansmart advisor looked at Kylee’s financial situation and saw an opportunity to save her money on her loan payments.The advisor consolidated Kylee’s debts into one easy loan payment at an excellent interest rate of 14.95%, lower than her existing rates.Kylee’s weekly loan repayments were now $189 per week, $82 less than she was paying before.She also received an extra $4,000 cash.Smart thinking from a Loansmart advisor saw Kylee not only receive the money she needed, but left her in a better financial position than before. Tailored solutions with Loansmart Do you have a tricky financial situation you need sorting out?Talk to the experts at Loansmart. We specialise in finding quick, smart solutions to complex problems.Get in touch to talk with one of our advisors today – it’s free to chat!*Names changed to protect privacy. GET MY LOAN NOW Contact Us Today! #### Loans Of The Month – 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. That’s why we don’t make judgements based on numbers alone, instead, we listen to the stories behind them. Our accreditation with the Financial Services Federation (FSF) means we work in your best interests and as Loan Brokers, we can give you more options too. Here’s how we helped clients with bad credit scores get the funds they needed to make life a little easier. Bad Credit Case Study #1 Picture this: a client with bad credit, drowning under debt he didn’t even accumulate. Sounds like a nightmare, right? Well, not for Loansmart. Our foundation is built on helping people improve their financial wellbeing.Debt can be daunting, especially when it’s not yours. In this example, our client’s ex not only left him, she left him with all their joint debt to pay on his own. He was unable to keep up with the payments on his income alone, which impacted his credit score.Despite being a homeowner and having equity in his property, lenders refused to give him the time of day due to his bad credit history. But that’s where we come in.At Loansmart, we know that life isn’t always black and white, which is why we take a human approach to assessing loan applications. We understand that things happen, and we’re here to help you get a second chance. By using the equity in his property, we were able to pay off all his debt, giving him a clean slate and reducing his monthly outgoings by more than half. Now his repayments are affordable, he’s able to make them each month and is rebuilding his credit score one payment at a time. Bad Credit Case Study #2 It’s tough to catch a break when you’re struggling with a bad credit score. Especially when you’re in a tough spot like our client who was dealing with a back injury. Due to his injury, he couldn’t work and couldn’t meet his outgoings, so his credit score plummeted. With a bad back, having a decent mattress would make a world of difference to his comfort. But no one would lend to him.Unfortunately, most loan companies nowadays are all about automation, which means there’s no chance to make your case and plead your circumstances.But we’re not like most loan companies. Our team has built up relationships with a variety of lenders, including some that still believe in treating their clients like, well, humans.We knew we could help this client out by looking beyond his credit score and finding a lender who would take a closer look at his situation. With his car as collateral, we were able to secure the funds he needed for some new furniture and a better mattress, even with his bad credit.At Loansmart, we’re not just lenders, we’re problem solvers. Smarter Loans >> Faster – we own our tagline! GET MY LOAN NOW Contact Us Today! #### 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). Loansmart’s affiliate membership confirms its commitment to protecting borrowers’ interests while offering them more options.As a loan broker, Loansmart provides borrowers with a range of finance products through its extensive network of lending partners. With access to multiple loan types and repayment terms, they have more opportunities to find the right solution for each client. Additionally, dealing with an FSF member company ensures the client’s financial well-being is top-of-mind.According to the FSF website, “The Federation takes a “quality over quantity” approach to membership to ensure its reputational integrity. Our work includes setting industry standards for responsible lending, promoting compliance, consumer awareness, and working with Government towards fair and enforced legislation”. The FSF are strong advocates for the average personal loan borrower and have strong relationships with legislators in government. High-cost lenders are not allowed to join the FSF. "We are delighted to be recognised by the FSF as a reputable finance provider. This demonstrates our commitment to providing our customers with financial solutions that are suitable and protect their interests." Murray Greig Managing Director at Loansmart As an affiliate member of the FSF, Loansmart is committed to working closely with our clients to find workable solutions to navigate difficult times. This approach may include talking to lenders about restructuring loans or exploring alternative repayment options that will better suit a borrower’s financial situation. The primary objective is to treat clients with empathy and understanding and help them regain control of their finances.In addition to its FSF affiliate membership, Loansmart holds a Financial Advice Provider Licence issued by the Financial Markets Authority. As a result, they can advise clients on which loan/insurance options are in their best interest. They are held accountable for the recommendations they make and must demonstrate that they have put client well-being above everything else. Murray Greig says, “It’s about helping our clients find the best option, so we will always recommend the most beneficial solution based on each client’s unique circumstances”.When choosing a finance provider, Loansmart wants borrowers to know about FSF membership and Financial Advice Provider licences, so they can make an informed decision. Get a Free Assessment #### Loansmart Launches Guides To Making Smarter Financial Decisions New Suite Of Content Designed To Empower Borrowers With the cost of living continuing to increase for many New Zealanders, making smart financial decisions is as important as it’s ever been.It’s so easy to get into debt, and people are increasingly using credit services like Buy Now Pay Later to pay for everyday living costs.About 11 percent of consumers are behind on their debt payments and applications for credit cards are increasing, suggesting people are struggling to make ends meet.Sometimes people don’t fully understand the implications of lending before they take out a loan, or they use a financial service that wasn’t right for them. This can result in being trapped in a debt cycle they can’t get out of.That’s why Loansmart has launched a new suite of content aimed at empowering borrowers to make smarter lending decisions.As accredited members of the Financial Services Federation, and Loan Brokers who are also Financial Advisors, Loansmart is serious about helping kiwis make smarter financial decisions. “Our tagline is Smarter Loans >> Faster, but it’s so much more than just a tagline to us. It’s a commitment to our clients,” says Loansmart’s Managing Director Murray Greig.“More than 25% of our business is repeat customers, demonstrating the difference we make in helping people get on top of their finances.”The new Guides section on Loansmart’s website is full of ideas and strategies to help people achieve their goals.It’s broken up into sections, according to what readers are hoping to achieve: improving their financial health; choosing a lender; getting on top of debt; news and market commentary; and tools and calculators.Some of the topics covered include borrowing money with bad credit, and how to improve your credit score.“Our goal is to help people be more financially literate, making smart decisions that can improve their lives,” Mr Greig says. “There’s so much to know about borrowing money, but many of us don’t have the time to spend understanding even the basics.“We’ve invested considerable resources in this new section of our website in the hope it will be helpful to borrowers.”The guides are written in plain, easy-to-understand ways with helpful graphics to make it easy for people to get up to speed.It also includes the Loan of the Month, a regular feature celebrating stories of people who have improved their financial situation as a result of smart lending through Loansmart.“I hope these real stories of how Loansmart’s smarter loans have helped our customers will empower others to want to take control of their finances.“These stories are a great way for people to see that financial freedom is within reach, and all it takes is a free chat to one of our advisors to get the ball rolling,” Mr Greig says.Loansmart’s new Guides content can be found at loansmart.co.nz/guides. GET MY LOAN NOW Contact Us Today! #### Looking for the Cheapest Quick Loans? When an unexpected expense pops up or an opportunity arises that you simply can’t ignore, finding a quick and affordable loan isn’t just a want—it’s a need.But navigating the loan market can feel overwhelming, especially when you’re short on time.You may think that low-interest loans (aka cheap loans) take longer to get approved because they only come from a bank.You may also think that quick loans from online lenders cost more.But we’re here to tell you that you can have the best of both worlds – low-cost loans, delivered the same day or the next!*Enter Loansmart, the smarter, cheaper solution for fast loans with low interest rates.Keep reading to learn more about how to get the cheapest quick loans to make sure your financial needs are met without delay or excess cost.*Subject to responsible lending checks and criteria. Apply Now Why Quick and Affordable Loans Matter Whether it’s a vehicle breakdown, home repair, or an urgent purchase, financial curveballs often demand immediate action.Banks and traditional lenders, however, can complicate matters with lengthy processing times, mountains of paperwork, and rigid lending criteria.You don’t have that kind of time to waste. That’s why Loansmart is here—to streamline the experience and deliver the funds you need without the hassle.Also, banks and traditional lenders are not automatically the cheapest – check out this article on banks vs online lenders to learn why online lenders can often provide a better deal.At Loansmart, we’ve built our reputation on smarter loans >> faster results.Here’s how we do it:Super Fast Approvals: Loans can be approved in as little as 1–2 hours*.Same-Day Payouts: Depending on when you apply, you could have your funds in your account the same day*.No Paperwork or Appointments: Our process is 100% online, saving you time and effort.Competitive Interest Rates: With loans starting from just 9.95% secured, we offer some of the lowest rates in New Zealand.100% NZ Owned: With a local team of lenders, we’re able to move fast and find the best solution for our clients.*Subject to responsible lending checks and criteria. How Does It Work? Getting a loan through Loansmart is simple and stress-free. With our innovative process, you can skip the inconvenient appointments and tedious applications.Here’s how to get started:1. Quick Online ApplicationComplete our online application form in just 2 minutes. It’s that simple.2. Submit Photo ID and Bank StatementsProvide your documents online without printing, scanning, or uploading. We send you a secure link for safe access to your information.3. Approval in 1–2 HoursThanks to our streamlined assessment process, most applications are approved within hours*.4. Sign Loan Documents OnlineLoan documents are sent digitally, so you can review and sign them from your device.5. Get Your FundsOnce approved, funds can be transferred to your account on the same day*.*Subject to responsible lending checks and criteria. Apply Now Why Loansmart Loans Are Cheaper One of Loansmart’s key advantages is affordability. Unlike traditional lenders, Loansmart operates as a loan broker. But what does that mean for you?Here’s How Loan Brokers Work:Instead of applying directly to one lender (like a bank or finance company), you submit an application to us.We search through multiple lenders on your behalf, finding the best match for your needs. This competition among lenders ensures you get the most competitive deal possible.Because we do the heavy lifting for you, you only need to submit one application instead of multiple.Our ability to source loans from a range of trusted providers means we’re not locked into one set of terms, making it easier for us to say “yes” to your application.It also means you get loan options from multiple lenders, so you can choose the interest rate and terms that work best for you. Apply Now Key Features of Loansmart’s Cheapest Quick Loans Still wondering what makes Loansmart the right choice for your quick loan? Here’s why our customers love us (and give us 5-star reviews – over 800 at the time this article was written!: Flexible Borrowing Limits Need an unsecured loan? Borrow up to $75,000. This amount is higher than many other lenders, which often cap unsecured lending at $30,000 or %50,000. Have collateral such as property or a vehicle? You may qualify for larger amounts, up to $150,000 with a secured loan. Adjustable Repayment Terms Choose a term as short as 6 months or as long as 84 months—we tailor repayment plans to fit your financial situation. Transparent Costs No hidden fees. Before you commit to a loan, you’ll know exactly what you’re paying, including interest rates and any applicable fees. Second Chances for Bad Credit Don’t worry if your credit score isn’t perfect. We specialise in finding solutions, even for those with poor credit history. We truly believe in second chances. Real Stories, Real Solutions Thousands of New Zealanders trust Loansmart as their go-to for affordable and fast lending. Here’s just one example of how we help our clients get cheaper, faster loans:Jayda urgently needed $5,000 for funeral costs but faced challenges with time and limited savings. Traditional lenders couldn’t provide funds quickly, but Loansmart approved her loan within hours, ensuring she had the money by the weekend. Following the funeral, her loan advisor helped her consolidate her existing loans into one, saving her $200 per week on repayments and providing extra funds for additional expenses. With flexible repayment options, Jayda is now in a better financial position. Loansmart’s quick, efficient service made a real difference when she needed it most. Why Choose Loansmart? Loansmart makes it possible to secure a quick loan without breaking the bank or your spirit. Our combination of speed, affordability, and customer-first service sets us apart. Here’s what you can expect when you choose Loansmart:1. A Focus on Speed From 1–2 hour approvals to same-day payouts*, we work harder and faster to get you results. Time is precious—we value yours.2. Accessible and Convenient Our process is entirely online, so you can apply and complete all steps from the comfort of your home.3. Low-Cost Loans With competitive interest rates starting at 9.95%*, we ensure you get great value for your money.4. A Caring Team Our loan consultants are real people committed to understanding your needs and finding you the best solutions.*Subject to responsible lending checks and lending criteria. Apply Now FAQ How quickly can I get my loan approved?Most loans are approved within hours, depending on the loan amount and the information provided. Our streamlined process ensures you receive the funds you need as quickly as possible.What are the lending criteria? Loansmart conducts responsible lending checks to make sure loans are suitable and affordable for you. Factors such as income, expenses, and existing financial obligations will be considered as part of the assessment process.Can I get a cheap, quick loan if I have bad credit? Yes, Loansmart understands that life’s challenges can impact your credit score, and we’re here to help even if you have bad credit. We assess your current financial situation—not just your credit history—to find a loan solution that works for you. While the interest rate may vary depending on your circumstances, we strive to offer competitive rates and a straightforward application process so you can access the funds you need quickly and confidently. You may be offered a secured loan in order to offer you a lower rate. Typically your credit score impacts the rate you are offered.Can I consolidate my existing loans with Loansmart? Yes! We specialise in helping clients consolidate their debts into one manageable loan. This often reduces repayment amounts and simplifies financial commitments.What types of loans does Loansmart offer? Loansmart offers a wide range of loan options, including personal loans, debt consolidation loans, vehicle loans, and loans for unexpected expenses. We tailor our services to suit your unique financial needs.Are there flexible repayment options? Absolutely! Loansmart offers customizable repayment plans designed to fit your budget and circumstances, providing peace of mind throughout the repayment period.How can I apply for a loan? Applying is fast and easy! Simply complete our online application form and one of our friendly loan advisors will contact you to guide you through the next steps. #### Low Interest Personal Loans Published: 24th January, 2024Last Updated: 7 June, 2026Author: Murray Greig, Founder of Loansmart A low interest personal loan can reduce the total cost of borrowing by lowering the amount of interest charged over the life of the loan. For New Zealand borrowers, a lower interest rate can improve affordability, reduce monthly repayments, and make it easier to manage debt.Whether you are consolidating existing debt, covering an unexpected expense, purchasing a vehicle, funding home improvements, or paying for a major life event, choosing the right personal loan can significantly affect your long-term financial position.Key TakeawaysA low interest personal loan reduces the total cost of borrowing.Lower interest rates typically result in lower repayments and less interest paid over time.The lowest advertised interest rate does not always represent the cheapest loan overall.Loan fees, repayment flexibility, loan term, and total borrowing costs should also be considered.Banks, credit unions, finance companies, online lenders, and loan brokers all offer personal loan solutions in New Zealand.Comparing multiple lenders can improve both approval opportunities and loan affordability.Borrowers with fair or poor credit may have more lending options through specialist lenders and loan brokers than through traditional banks. What Is a Low Interest Personal Loan? A low interest personal loan is a type of consumer lending product that charges a lower annual interest rate than many standard personal loans.Interest is one of the largest components of the total cost of borrowing. When a borrower secures a lower interest rate, they generally benefit from:Lower weekly, fortnightly, or monthly repaymentsReduced interest charges over the life of the loanImproved affordability and cash flow managementGreater flexibility to repay debt soonerHowever, interest rates alone do not determine the total cost of a loan.Why the Lowest Interest Rate Is Not Always the Cheapest LoanWhen comparing personal loans, borrowers should consider:Interest rateEstablishment feesMonthly account feesEarly repayment fees (if applicable)Loan termTotal repayment amountA loan with a slightly higher interest rate but lower fees may cost less overall than a loan advertising the lowest rate available.Key takeaway: The most affordable personal loan is usually the loan with the lowest total borrowing cost, not simply the lowest advertised interest rate. What types of loan providers offer low interest personal loans? Several types of lenders provide low interest personal loans in New Zealand. Each lender category has different lending criteria, approval processes, interest rates, and borrowing limits.BanksBanks are often top of mind for many individuals seeking a personal loan, but they can be more expensive, with a higher starting interest rate than some low-cost loan providers. Banks also often have strict criteria about who they can lend money to. This means that if you have a bad credit history, you may struggle to get a loan through a bank. In contrast, finance companies and online lenders often have more discretion about who they lend money to, and some will lend to people with bad credit.Credit unionsCredit unions are another option for low-interest personal loans. These non-profit financial institutions often provide lower interest rates to their members. Joining a credit union can be as simple as meeting certain eligibility requirements and opening a savings account.Online lendersOnline lenders are also a popular choice for low-interest personal loans. These lenders often have streamlined application processes and can offer competitive rates due to lower overhead costs. It’s important to do your research and read reviews before choosing an online lender to ensure they are reputable and trustworthy. How do online lenders compare with banks for personal loans? Flexible Rates, More Approval Options, and Higher LimitsBanks often use standardised pricing and stricter lending criteria, so borrowers with non-perfect credit can be declined or offered fewer choices.Online lenders are usually more flexible and may price loans based on your full financial picture (income, expenses, affordability), which can suit people with diverse credit histories. If the provider is also a loan broker, they can put one application in front of multiple lenders — more lenders means more chances of approval.Borrowing limits can also be higher. Banks often cap unsecured personal loans at around $40,000 – 50,000, while some online lenders can offer up to $75,000, which helps for bigger costs like renovations, a car purchase, or debt consolidation. How a Loan Broker Can Help You Find a Low Interest Personal Loan Working with a loan broker can give you access to more options than applying to a single bank or lender. Instead of applying multiple times yourself, a broker:Assesses your situation onceMatches you with lenders that suit your circumstancesCompares rates, fees, and loan structuresPresents you with options so you can make an informed choiceThis approach can improve your chances of approval while helping you avoid unnecessary credit checks.The Role of Financial Advice in Choosing the Right LoanNot all loan brokers are financial advisers. A broker who is also a licensed financial adviser must:Explain the pros and cons of each loan optionRecommend solutions that align with your best interestsPrioritise affordability and long-term outcomes, not commissionIf there are multiple loans available, a financial adviser is required to explain which option best supports your financial wellbeing — even if another option would earn them more.This added layer of accountability can be especially important when comparing low interest personal loans. Low Interest Personal Loans FAQ's Which types of lenders offer low interest personal loans? Low-interest personal loans are available from banks, credit unions, and online lenders. Banks tend to charge higher starting rates and have stricter criteria, while credit unions can provide lower rates to members. Online lenders often have competitive rates, more flexible lending criteria, and a faster application process. How do online lenders compare with banks for personal loans? Online lenders can also provide tailored interest rates and higher borrowing limits (up to $75,000 unsecured) compared to banks (often capped at $40,000 – $50,000). Can I get a low interest personal loan if I have bad credit? Yes, it may still be possible to qualify for a low interest personal loan if you have a bad credit score. While banks often decline borrowers with poor credit, online lenders and finance companies have more flexible lending criteria. In some cases, debt consolidation can help reduce overall interest costs by replacing multiple high-interest loans with a single, more manageable loan. What is the difference between unsecured and secured personal loans? Unsecured loans don’t require any collateral, making them accessible for many borrowers. However, if you have bad credit, you may need to provide security such as a car or property. Secured loans usually allow for larger borrowing amounts and can sometimes mean lower interest rates. Do you offer unsecured loans? We offer most of our loans unsecured, but if you have bad credit, your loan may need to be secured by an asset such as a car. How much can I borrow? This depends on what you can afford. Loan amounts start around $2,000 and go up to $75,000 unsecured and $150,000 secured, but we sometimes lend higher than this. How much will my repayments be? For a repayment estimate, check out our personal loan calculator. Apply Now Contact Us Today! #### Low Interest Unsecured Loans Published: 13th March, 2025Last Updated: 27 June, 2026Author: Murray Greig, Founder of LoansmartKey TakeawaysLow-interest unsecured personal loans do not require property or vehicle security.Unsecured personal loan interest rates start from 11.95% for eligible borrowers who meet lender approval criteria.Borrow between approved limits up to $75,000.Loan terms range from 6–84 months.Debt consolidation can simplify repayments and potentially reduce total interest costs.Approval depends on responsible lending assessments and individual circumstances.When life throws you an unexpected financial curveball or you need a boost to achieve your next big goal, having access to the right loan can make all the difference. For many, low-interest unsecured loans provide the perfect solution. Loansmart helps New Zealand borrowers compare unsecured personal loan options from multiple lending partners.With unsecured personal loans starting from just 11.95% and borrowing limits of up to $75,000, it’s easier than you think to get funds quickly, fairly, and affordably. Why Choose A Low Interest Unsecured Personal Loan? You’ve probably come across two types of loans in your search for credit: secured loans and unsecured loans. But what’s the difference? Secured Loans Secured loans require collateral, such as your home or car, as a guarantee against borrowing. This means that if you’re unable to make repayments, the lender may have the right to take the collateral to recover the owed amount. On the plus side, secured loans often come with lower interest rates because the lender’s risk is minimised. Unsecured Loans With unsecured loans, there’s no need to back your loan with an asset. Approval is based on your financial history and borrowing potential. While interest rates may be a bit higher compared to secured loans, the process is typically faster and more flexible. One advantage of an unsecured loan is that borrowers do not need to use their assets as loan security. Your assets remain safe.At Loansmart, we’ve partnered with low-cost lenders to offer competitive unsecured loan rates.Unsecured personal loan interest rates start from 11.95% for eligible borrowers who meet lender approval criteria. These loans are perfect for borrowers seeking affordability without sacrificing speed or convenience. Plus, we handle the process for you, saving you time and stress. Apply Now A Great Way to Lower Your Debt Costs One reason to consider a low-interest unsecured loan is for debt consolidation. By combining multiple debts into a single manageable payment, you can simplify your financial life and reduce the stress of juggling multiple due dates and interest rates. With lower interest rates compared to typical credit cards or high-interest loans, a debt consolidation loan can save you money in the long run by reducing the total amount of interest you pay.  Additionally, consolidating your debt can improve your financial organisation, helping you focus on your other financial goals. This type of loan empowers you to take control of your finances with clarity and confidence, putting you on the path to a healthier financial future. Loansmart: Smarter Loans, Faster Loansmart is a New Zealand loan broker that compares unsecured personal loan options from multiple lenders. The following features describe how the service operates.Competitive Rates: Get one of the best-unsecured loan rates around, starting at 11.95%.*Generous Loan Limits: Borrow up to $75,000 without the need for collateral.Flexible Repayment Terms: Repay your loan over 6 months to 84 months, tailored to suit your budget.Fast Turnaround: Apply online in minutes, receive loan approval within 1–2 hours*, and potentially get same-day payout*.Hassle-Free Process: No drawn-out forms or back-and-forth with your bank. Our process is 100% online and stress-free.*Subject to responsible lending checks and criteria. Apply Now How We Work Loansmart manages the application process on behalf of borrowers by collecting documents, assessing eligibility and comparing suitable lenders. . Here’s how our simple and efficient process works:Apply Online: Complete our application in just 2 minutes.Provide Documents: Submit photo ID and recent bank statements securely via our online link. No need for printing or scanning.Quick Assessment: We assess your application and locate the best deal for you using our network of trusted low-cost lenders.Review Options: Within 1–2 hours*, we’ll present you with tailored loan offers. You pick the one that suits you best.Sign and Receive Funds: Loan documents are emailed to you to sign online. Once complete, funds could be in your account within hours.*The application process consists of five steps and can often be completed online within minutes.  And don’t worry—we assign you a Personal Loan Consultant who is also a Financial Advisor. They will help you understand your lending options so you make the best choice for your financial situation. We do the heavy lifting so you don’t have to*Subject to responsible lending checks and criteria. The Benefits of Choosing Loansmart When you select Loansmart, you’re choosing more than just a loan. You’re selecting a partner who values fairness, efficiency, and your financial well-being. We Work Hard for You: By tapping into our network of low-cost lenders, we find better deals that save you money on interest rates and fees. We Make Borrowing Easy: Forget lengthy forms or jumping through hoops. Our process is designed with simplicity in mind. We Care About You: Our team genuinely cares about your financial health. That means providing smart solutions that make repayments manageable and affordable. We’re Experienced and Trusted: With over 15 years of experience and countless 5-star reviews, we’ve helped thousands of Kiwis get smarter loans faster. We Are 100 Kiwi Owned: locals helping locals, that’s the Loansmart way! Low Cost Lending Isn’t Just For High Credit Scores Whether you’re planning a wedding, consolidating debt, renovating your home, or preparing for a big life event, an unsecured loan from Loansmart can help you achieve your goals seamlessly. We believe borrowing should support your life, not restrict it. Even if your credit history isn’t perfect, Loansmart may still be able to help by leveraging our extensive network of lenders, giving you access to more options and higher approval rates. Apply Now FAQ How hard is it to get a low interest unsecured loan? Getting a low-interest unsecured loan depends on factors including your credit history, income, existing financial commitments, and your ability to meet responsible lending requirements. Borrowers with a strong credit profile and stable income are generally more likely to qualify for lower interest rates.At Loansmart, we assess every application individually and compare unsecured personal loan options from multiple New Zealand lenders. Rather than relying solely on a credit score, we consider your overall financial situation to help identify the most suitable loan available.If your current debt repayments are too high, this can affect whether a lender considers the new loan affordable. In some cases, Loansmart may be able to help you restructure existing debt through a debt consolidation loan. By combining multiple debts into one loan with a more manageable repayment schedule, your regular repayment amount may be reduced. This can improve your affordability position and may increase your chances of qualifying for a suitable loan, subject to lender criteria and responsible lending checks. Can I get a low-interest unsecured loan with bad credit? Yes, it may still be possible to obtain an unsecured personal loan if you have a less-than-perfect credit history, although approval and interest rates will depend on your individual financial circumstances and lender criteria.Loansmart works with a network of lenders that consider more than just your credit score. We also assess factors such as your income, employment, current financial commitments, and ability to comfortably meet repayments. This allows us to identify suitable lending options for a wider range of borrowers while complying with responsible lending requirements. What interest rate can I get on an unsecured loan? Unsecured personal loan interest rates at Loansmart start from 11.95% for eligible borrowers who meet lender approval criteria. Your actual interest rate will depend on factors including your credit history, income, existing debts, loan amount, and overall financial profile.Completing our simple two-minute online application allows us to compare offers from multiple lenders and present the most competitive loan options available for your circumstances. What can I use an unsecured loan for? An unsecured personal loan can be used for almost any legitimate personal purpose because it does not require property or another asset as security. Common uses include debt consolidation, home renovations, weddings, holidays, vehicle purchases, medical expenses, education costs, and other major life expenses.Unlike many secured loans, unsecured personal loans generally provide greater flexibility because there are no assets tied to the loan. Loansmart will help you find a loan that suits your intended purpose and financial circumstances, subject to lender approval and responsible lending requirements. Apply now Try our Loan Calculator #### Mark’s Fresh Start After Falling Behind Sometimes clients come to Loansmart with one urgent need but once we take a closer look, we uncover a much bigger issue sitting underneath. And when that happens, we don’t just focus on the loan request. We focus on the solution that will actually get them back on track.This month’s Loan of the Month goes to Mark, who came to us needing a new vehicle, but was also quietly carrying a serious amount of mortgage stress. The Need Mark reached out, needing urgent funds to purchase a new vehicle. On the surface, it was a straightforward request. He simply needed funding for a vehicle and was hoping for a quick approval so he could move forward.But as we began reviewing his application more closely, we realised there was more to the story. The Challenge As we assessed his situation, we discovered Mark was approximately $70,000 in mortgage arrears.Normally, arrears of this size would result in an upfront decline from most lenders. However, instead of stopping there, we asked more questions and took the time to understand how he had ended up in this position.Mark explained that he had been made redundant twice within the past year, which had made it incredibly difficult to keep up with repayments. He also shared that he intended to sell his house at the end of the year, meaning there was a clear plan in place; he just needed support to bridge the gap. The Solution With the full story documented and a clear exit strategy in place, we were able to secure an approval that addressed far more than just the vehicle purchase.The loan was structured to:Pay off the full mortgage arrearsClear an unpaid defaultPay out his credit cardProvide cash so Mark could purchase a reliable new vehicleBecause affordability was tight, the loan was approved with interest-only repayments for one year, keeping payments manageable in the short term. The intention is to repay the loan in full once the property is sold later in the year.Mark was extremely happy with the outcome. What started as a request for a vehicle turned into a complete financial reset, clearing arrears, tidying up debts, and giving him a clear path forward. Feeling stuck or unsure where to turn? Talk to the Loansmart team today for a free, no-obligation consultation. We’ll take the time to understand your situation and explore the smartest way forward, even if it’s not obvious at first. Get a free loan assessment Try our Loan Calculator #### 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 the latest data from credit reporting agency Centrix. In March, about 6.5% of all auto loan accounts were behind a new high. When looking at all loan types, 463,000 people – about 12.7% of New Zealand’s adult population – are behind on at least one loan payment, an increase of 7.4% compared with the same period a year ago. Of that number, 177,000 are more than 30 days late on loan payments, and 120,000 are more than 60 days late – an 11% increase from a year ago, and a massive 39% jump compared with March 2021. With more and more people falling behind in their loan repayments, there’s no question that the cost of living crisis continues to hit Kiwis hard. To make things worse, the unemployment rate is rising – the latest figures show it was 4.3% in the quarter ending in March, an increase from 4% the previous quarter. Loansmart Managing Director Murray Greig says it’s not surprising that more people are falling behind in loan repayments. “It’s a tough time in our economy right now. With persistent high inflation and high interest rates, people have less money to spend. “This makes it harder for the average consumer to have enough disposable income to cover everything and meet their debt obligations.” Murray says there are solutions for people struggling to keep up with loan payments. “Some people are paying more for their loans than they need to because they signed up for a high-interest rate. And others may have taken out a loan over too short a term, which makes their monthly payments too high for their current income level. “Loansmart helps people with these sorts of problems every day. Our team is great at finding fast, easy solutions that leave customers with lower payments and more breathing room .” “If anyone is struggling with their loan repayments, I would encourage them to get in touch with the Loansmart team today to see how we can help.” Smart solutions, tailored to you There’s no such thing as a one-size-fits-all solution at Loansmart. We know that everyone’s situation is unique, and our team works fast to find positive outcomes for all our customers. One way we do this is through our debt consolidation loans, where we take your existing loans, pay them off, and give you a new low-cost loan with lower monthly repayments. We can lower your repayments by giving you a better interest rate, but also spreading the loan out over a longer period of time to make it more affordable to you. One example is the Williams family, who consolidated their debt with Loansmart and saved themselves $800 a month in loan payments! How much could you save with a debt consolidation loan? Find out by using our free online debt consolidation loan calculator. Making it easy to save you money At Loansmart, we jump through hoops so you don’t have to. We pride ourselves on making the loan process so smooth and easy. All you have to do is complete our super quick online application form and we’ll get back to you for some more information. It’s all done online – no pesky paperwork or meetings you have to attend. Let us do the legwork so you can get on with your day. Usually, we can approve a loan the same day* and have the funds in your account either that day or the following day, depending on the time of day you apply. Our team of loan experts are always finding creative solutions for our customers so they can enjoy more financial freedom. Contact us today to find out how we can help you. *Subject to responsible lending criteria. Get In Touch Today Apply now #### 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 and affecting more than 24,000 households, highlighting the financial pressure facing many homeowners. As interest rates begin to ease, the continued rise in arrears signals a growing need for timely, transparent, and tailored financial support across the lending sector.“Rate cuts alone aren’t always enough to stop arrears from mounting,” says Murray Greig, Managing Director of Loansmart. “Borrowers need more than just speed of service, they need honest advice and tailored solutions that truly meet their individual needs.” Debt Consolidation Solutions To Help Mortgage Arrears Loansmart provides an example of how a consolidation loan can help clear mortgage arrears, and provide some breathing room. Samantha (not her real name) first approached Loansmart thinking she needed just a $1,000 top-up to tidy up a few bills. However, their advisers’ careful review uncovered that she was actually $23,000 behind on her mortgage and owed $6,000 in overdue rates. Recognising the urgency, they arranged a $40,000 caveat loan secured against her home that not only cleared her mortgage arrears and rates but also rolled her smaller debts into one single, manageable repayment. By tailoring a solution to her exact circumstances, Samantha had breathing room and simplicity she needed to get back on track.“Our Loan of the Month highlights exactly what we do best,” Greig explains. “We move fast, we keep it fair, and we keep it simple so families aren’t left juggling multiple arrears accounts.” Fast, Transparent, and Tailored When people are under some degree of financial stress, they often need fast, practical solutions. Online lending makes this possible. Loansmart’s fully digital application takes just minutes, with approvals in as little as one hour. Once approved, funds can be deposited the same day. By comparing multiple lenders and loan products on each client’s behalf, Loansmart cuts through the confusion that can lead to sub-optimal borrowing decisions.**“We aren’t tied to one lender,” says Greig. “Our independence lets us negotiate the best terms—whether that’s extending a term out to 84 months to lower weekly payments, merging several arrears balances into one, or finding a specialist low-rate lender for those in genuine hardship.” People-First, Always While many lending providers focus on numbers, it’s important to find a company that prioritises people. “When someone falls behind on their mortgage, it’s not just a balance on a screen; it’s the roof over their family’s head,” observes Greig. “We treat every application with empathy and integrity, and we never charge hidden fees or push products that don’t serve the client’s long-term interest.”Whether clients are dealing with mortgage arrears, navigating debt consolidation, or need a top up loan, Loansmart urges borrowers to take the time to find the right company to help them find smarter solutions that benefit them in the long run. About Loansmart Loansmart is New Zealand’s leading online loan broker, specialising in fast, affordable, and personalized lending solutions. By partnering with a broad network of low-cost, responsible lenders, Loansmart helps thousands of Kiwis each year overcome financial hurdles and secure a sustainable repayment plan.For more information or to see the latest Loan of the Month, visit www.loansmart.co.nz or call 0800 LOANSMART.*Subject to responsible lending checks and criteria. #### Need A Loan But Keep Getting Declined? Published: 27 June 2026 Last Updated: 27 June 2026 Author: Murray Greig, Founder of Loansmart  Key Takeaways Being declined for a loan does not necessarily mean you cannot borrow in the future. Loan applications are assessed using responsible lending requirements, income, expenses, existing debt, credit history and affordability. Applying for multiple loans in a short period may reduce your chances of approval. Debt consolidation may help some borrowers improve affordability by reducing their regular repayment commitments. Loansmart compares multiple New Zealand lenders to help eligible borrowers find suitable lending options. Why Was My Loan Application Declined? If you’ve been declined for a personal loan, you’re not alone. Every day, borrowers search for answers after a bank rejects their loan application or another lender declines their finance. A declined loan application simply means the lender decided that approving the loan did not meet its lending criteria at that time. It does not necessarily mean you will never qualify for finance. Lenders typically assess: Your income Your regular living expenses Existing debts Credit history Recent loan applications Employment stability Ability to comfortably afford repayments Many borrowers assume a poor credit score is the only reason loans are declined. In reality, affordability is often the deciding factor. Even borrowers with a good or excellent credit score can be declined if affordability calculations indicate the repayments may place financial pressure on their budget. Can I Get a Loan After Being Declined? Yes, it’s possible you can get a loan after being declined. Every lender has different approval criteria, so being declined by one lender does not automatically mean every lender will decline your application. Many loan applications are declined because the proposed repayments are considered unaffordable or the lender is unable to verify sufficient income. In many cases, it’s not the loan itself that’s the problem; it’s the way the application is structured. At Loansmart, we compare lending options from 11 lenders and look at your overall financial situation to identify a solution that better suits your circumstances. Sometimes that means restructuring existing debts to improve affordability. In other cases, it means presenting the application differently based on a clearer understanding of your financial position. The case study below shows how we helped one borrower who had been declined, then successfully obtained approval from the very same lender after restructuring her existing debts into a more affordable solution. Case Study: Sadie — Approved by the Same Lender That First Declined Her Sadie needed $5,000 for emergency expenses, but her loan application was declined by a well-known finance company because she already had around $45,000 in existing debt. Based on the lender’s affordability assessment, she did not have enough disposable income to take on another separate loan repayment. When Sadie came to Loansmart, our adviser looked beyond the original loan request and reviewed her full financial position. Instead of applying for another standalone loan, we proposed a debt consolidation solution. Loansmart went back to the same lender that had originally declined Sadie and presented a new structure. By combining her existing debts into one loan over a seven-year term, the repayments became more affordable. The outcome: Sadie received the $5,000 she needed for emergency expenses. Her existing debts were consolidated into one loan. The longer repayment term improved affordability. The same lender that originally declined her was able to approve the new structure. Sadie’s story shows why being declined does not always mean you are out of options. Sometimes the issue is not whether you can borrow, but whether the loan is structured in a way that fits your financial situation. Watch Sadie’s Story below: When Can I Apply Again After Being Declined? There is no universal waiting period after a loan application is declined. What’s more important is who you apply to next. Submitting multiple applications to different lenders yourself can result in multiple credit enquiries, which may affect how future lenders assess your application. Instead, consider working with a loan broker like Loansmart. One application gives you access to lending decisions from11 trusted low-cost lenders, helping you explore a wider range of options without having to submit separate applications to each lender yourself. Real Examples: Borrowers Who Were Declined but Found a Solution Being declined by one lender doesn’t always mean you’ve run out of options. Every lender has different approval criteria, and the reason one lender says “no” may not prevent another lender from offering a suitable solution. The following real client examples show how Loansmart helped borrowers who had previously been declined. Case Study: Sophie – Declined Elsewhere but Approved Through Debt Consolidation Sophie originally applied for a small $3,000 personal loan to help with family expenses. However, she was declined by several lenders because her existing loan repayments left insufficient disposable income. Rather than focusing only on the amount Sophie wanted to borrow, her Loansmart adviser reviewed her overall financial position. By consolidating four existing loans into a single $34,000 debt consolidation loan, Sophie was able to: Clear four separate loans Receive an additional $4,500 for family support Reduce her weekly repayments from $400 to $250 Improve her household cash flow by $150 per week This is a good example of how improving affordability can sometimes provide a better long-term solution than simply approving another small loan. Read the full case study: Sophie’s Story Watch Sophies story below: Case Study: Kelly – Declined Twice but Still Approved Kelly needed just $2,000 for urgent home repairs. Despite having a good repayment history, both of her existing lenders declined her application. Instead of giving up, Loansmart assessed Kelly’s overall financial situation and identified an alternative lender willing to use her vehicle as security. Rather than approving only the amount Kelly originally requested, her adviser restructured several existing debts into one more affordable loan. The outcome included: Approval for a $15,000 loan More than $4,000 available for home repairs Six existing debts consolidated Weekly repayments reduced from $167 to $122 Savings of $45 every week Kelly’s experience demonstrates that being declined doesn’t necessarily mean you can’t borrow. Sometimes the solution is finding a lender whose lending criteria better match your circumstances while restructuring existing debt to improve affordability. Read the full case study: Kelly’s Fresh Start After Multiple Declines How Loansmart Can Help Loansmart works with a network of low-cost lenders rather than relying on a single finance companies lending criteria. We review your overall financial position, including affordability, existing commitments and income, before comparing suitable lending options. Where appropriate, we may also explore whether debt consolidation could simplify your repayments and improve affordability. Any recommendation is subject to responsible lending requirements and lender approval. Watch this video to see real examples of how Loansmart has helped clients reduce repayments, borrow extra and get some breathing room. FAQs: Loan Declined Can I get a loan if I've been declined? Possibly. Approval depends on why your previous application was declined and whether your financial circumstances now meet a lender’s responsible lending criteria. Does being declined for a loan affect my credit score? A loan application itself may create a credit enquiry on your file. Multiple credit enquiries within a short period can influence future lending assessments, although a single declined application does not automatically lower your credit score. Why do banks reject loan applications? Banks commonly decline applications because of affordability concerns, existing debt, insufficient income, recent missed repayments or responsible lending obligations. Can I get a loan with bad credit? Yes, it is possible to get a loan with bad credit. Many lenders consider applicants with less-than-perfect credit histories. Approval depends on your current financial situation, affordability and the lender’s assessment criteria. Should I Keep Applying If I've Been Declined? If you’ve been declined, it’s less about **how many times you apply** and more about **who you apply with**. Rather than submitting multiple applications yourself, consider working with a loan broker who also has licensed Financial Advisers. They can compare multiple lenders through a single application and advocate on your behalf. An experienced adviser can help explain your financial circumstances, present your application in the strongest possible way, and identify lenders whose lending criteria are a better fit for your situation. Contact Us Apply Today #### New Advertising Requirements Shake Up NZ’s Loan Market The NZ loans market is about to undergo another significant shakeup, that will impose restrictions on how lenders advertise from December 2021. This is the second shakeup to the industry, since May 2020 which saw a substantial number of short term lenders exit the NZ Loans market. Changes made to the Credit Contracts Amendment Act prohibits lenders from charging more than double the cost of a loan over its lifetime. So, if you borrow $1000, a lender can charge no more than $2000 including fees for that loan. Prior to this change, some lenders were charging as much as 600% per annum in interest rates in addition to other costs. In other words, six times the amount borrowed in one year in interest alone. When interest rates are this high, debt can easily spiral out of control, destroying lives and pushing people into a rut from which it is difficult to climb out. Another significant change that came into effect was the onus on lenders to assess the borrowers ability to repay the loan. Amendments to the Credit Contracts Act mean borrowers who have been offered unaffordable or inappropriate loans can now claim statutory damages, such as reimbursement of interest and fees and compensation for damages. The onus is on the lender to provide affordable loans that borrowers are capable of repaying. This means assessing their discretionary income. For low-cost, reputable lenders, these changes were welcome as they offered lower interest rates and did not lend to people who couldn’t afford to repay their loans. The latest round of changes focuses on how loans are advertised. It is possible to obtain same-day loans with 1-2 hour approvals in the online loans market, which is a clear point of difference from traditional bank lending. However, moving forward this cannot be used in advertising without including disclaimers such as “this is subject to responsible lending inquiries and checks”. Although this may not seem significant, most lenders advertise online and have limited space in advertisements. Having to include a disclaimer in their ad text, rather than just on their website, does not make for a very attractive ad. Disclaimers must also apply if a lender advertises a loan amount e.g. Get $10,000 today for $100 a week. In this case the lender must state the total payments that will be payable under the loan and what interest rate applies. Given the interest rate varies borrower to borrower, this isn’t possible. In some cases fast online loan providers are able to offer lower interest rates than banks for personal loans, another advantage for consumers. However, now if they want to include a range of interest rates in their ad text, or ‘from 8.95%’, for example, they must state whether fees apply, list the fees and outline whether or not the interest rate if fixed for the term or part of the term, or not fixed at all. Certain advertising practices are also prohibited by regulations. Lenders cannot advertise that they won’t ask about borrowers’ circumstances or take them into consideration. For instance, lenders cannot say things like: ‘No credit checks’; ‘Guaranteed acceptance’; ‘Bankrupt, OK’; ‘Bad credit history, OK’. This is a welcome change to reputable lenders who would never lend without taking a borrower’s ability to repay a loan into consideration. So in essence, ads that include text like “Same Day Loans from 8.95% approved in 1 – 2 hours” will likely be a thing of the past from December of 2021 in the NZ loans industry. NZ Loan lenders who breach the responsible lending obligations (including breaches of the “Advertising Standards”) can be ordered to pay penalties of up to $600,000 for companies and $200,000 for individuals, plus statutory damages equal to the costs of borrowing. Get a Free Assessment #### No Credit Check Loans in New Zealand: What You Need to Know Published Date: 21st July, 2023Modified Date: 24th  February, 2026Author: Murray GreigAre No Credit Check Loans with Instant Approval Real?No. In New Zealand, there is no such thing as a truly instant loan with no credit checks. All responsible lenders are required to assess whether a loan is affordable, which includes checking your credit history. Having bad credit does not mean you can’t get a loan, but lenders that claim not to check credit often charge higher costs and can create more problems than they solve. Key TakeawaysThere are no legally compliant “no credit check” instant loans in New Zealand.All responsible lenders must assess affordability, including credit history.Payday loans often involve high interest rates and short repayment periods.Borrowers with bad credit can still access structured, responsible lending solutions.Debt consolidation may reduce financial pressure by combining multiple debts into one repayment. Why You Should Avoid Payday Lenders In New Zealand, payday lenders typically present the following financial risks:High annual percentage rates (APR), increasing total borrowing costShort repayment periods, creating repayment pressureRollover fees if loans are extendedA higher overall repayment obligation relative to the original loan amountPayday lenders offer fast access to small amounts of money, but this speed often comes at a very high cost. They are typically used by people with poor credit who need short-term funds to get through to their next payday.These loans usually come with very high interest rates and short repayment periods. While they may seem helpful at first, the full cost of the loan is often much higher than expected.When repayment day arrives, many borrowers find it difficult to pay the loan back in full. If the loan is extended, additional interest and fees can apply, making the total amount owed grow quickly.Because of this, using a payday lender can make financial pressure worse over time rather than solving it. If you have bad credit, there are better options available that are designed to be more manageable and sustainable. Can you get a loan from a reputable lender with bad credit? Yes, it is possible to get a loan with bad credit. A poor credit score does not automatically mean your application will be declined, and you don’t need to hide your credit history when applying with a reputable lender.Responsible lenders assess your overall financial situation, including income, expenses, and affordability, not just your credit score. While credit checks are still part of the process, having bad credit simply means the loan needs to be structured carefully to avoid creating further financial stress.Loansmart arranges low-cost loans for people with bad credit by matching borrowers with lenders that offer fair terms and transparent costs.You can also see real examples of how we’ve helped borrowers with poor credit scores when other lenders refused, such as our Loan of the Month case studies.  Getting on top of expenses If you have bad credit and need a loan urgently, you’re probably having trouble keeping up with all your expenses. You might have other loans you’re trying to pay off while meeting daily living costs that seem to keep going up! This can be a really tricky situation, and you’re not alone. Consider a debt consolidation loan to help you get on top of existing debt. Loansmart helps people take control over their finances by combining their debts into one easy-to-manage loan. See how we’ve helped people like the King Family this way. Getting a loan quickly When you need money in a hurry, the last thing you want is to spend hours filling out long application forms. With Loansmart, our online process takes just 3 minutes.Just provide us your details and we’ll get in touch to discuss the best options for you.Most people get loans approved through Loansmart within 1-2 hours, so you won’t be left waiting ages for a solution. Choosing the right lender When you’re in a cycle of debt you’re struggling to get out of, choosing the wrong lender can make matters worse.You want someone who can help you improve your finances in the long run, while also helping you meet your urgent money needs.Loansmart is different from other loan companies. We genuinely try to help people take control of their finances by providing fair and affordable loans that put their financial well-being first.As a member of the Financial Services Federation, Loansmart is committed to responsible lending practices. We take a skilled, caring and diligent approach to support our clients through difficult times. Check out 3 Smart Reasons To Choose Loansmart. Talk to a consultant Having a chat with a Loansmart consultant is a great way to assess your financial situation.Our experienced and caring financial advisors understand your situation and can provide a solution that’s tailored for you.Talking with us is free, so get in touch today so we can help. GET MY LOAN NOW Contact Us Today! #### OCR Drops Not Enough To Give Borrowers Relief – Arrears On The Rise Kiwis’ wallets are under pressure right now. Despite the Reserve Bank cutting the Official Cash Rate (OCR) to 3.5% in April—the lowest since October 2022—many households continue to struggle to keep up with loan repayments.The Centrix April 2025 Credit Indicator Report shows that during March, 24,000 residential mortgage accounts were reported as past due—700 more than in February.This pushes the overall mortgage arrears rate to 1.58%, up from 1.55% the previous month and marking a 7% year-on-year increase.“Even a small rise in arrears signals real stress,” says Murray Greig, Managing Director of Loansmart. “With everyday costs climbing, exploring smarter repayment strategies before arrears deepen is vital.” Personal Loan Arrears Climb Personal loan arrears have edged into double digits for the first time since February 2024. In March, personal loan arrears exceeded 10%, representing a 4% increase year-on-year.These loans are often used for essential expenses—from car repairs to medical costs—and falling behind can trigger late fees, escalating interest and long-term credit damage.By contrast, credit card arrears held at 4.7%, and Buy Now Pay Later arrears actually fell to 8.4%, suggesting consumers may be prioritising these revolving-credit products as they juggle repayments. Overall Market Trends Across all New Zealanders with active credit, 489,000 people were in arrears in March—12.61% of the total market, up 9,000 from February but 0.7% lower than March 2024.Of these, 174,000 are over 30 days past due, and 74,000 are over 90 days past due.While some of this is seasonal—arrears typically spike after summer spending—the figures highlight how widespread repayment pressure has become across mortgages, personal loans, vehicle finance and utilities. Financial Hardship Still Elevated Although the growth in hardship cases is slowing, the overall numbers remain high. In March, 14,400 accounts were flagged for financial hardship, a slight drop of 200 from February but an 11.5% increase year-on-year.Of these hardship flags, 45% were due to mortgage payment difficulties, 30% to credit card debt, and 17% to personal loan repayments.“Seeing hardship cases plateau is encouraging, but the numbers remain elevated,” notes Murray Greig. “There are things people can do, like restructuring loans, consolidating debt or seeking budget coaching, which can be the difference between recovery and deeper financial strain.” How Loansmart Delivers Smarter, Faster Solutions At Loansmart, we specialise in empathetic, no-judgment debt solutions designed to give you breathing room.Whether you’re falling behind on mortgage payments, juggling multiple personal loans, or simply feeling overwhelmed, our tailored services include:Debt Consolidation Loans to combine multiple debts into a single, manageable repayment.Personal Loans with transparent terms and quick approval for unexpected expenses.Support & Advice, where our qualified advisers help you map out a repayment plan that works for you.If you’re worried about rising repayments or falling behind on your mortgage or personal loan, don’t wait for arrears to deepen.Contact Loansmart today for a free loan assessment. Get a free loan assessment Try our Loan Calculator #### Olivia’s Travel + Debt Consolidation Win Loan of the Month - June 2025 Case Study #1 - Olivia’s Travel + Debt Consolidation Win The Need Olivia had been dreaming of a European escape for years, planning to finally make it happen at the end of the year. She came to Loansmart looking for a small $5,000 loan—just enough to help with travel costs like flights and accommodation.But when her loan advisor dug a little deeper into her financial situation, they discovered she was juggling multiple debts—credit cards, store finance, and a small personal loan. Her repayments were all over the place and taking a toll on her budget. The Challenge Like many Kiwis, Olivia hadn’t realised just how much her multiple repayments were eating into her income. While her travel loan request was manageable, the real opportunity was in helping her sort out her debt at the same time.She didn’t think she’d qualify for anything more than $5,000—but she was wrong. The Solution After reviewing her income, credit profile and goals, her Loansmart advisor was able to structure a $30,000 loan. This did three big things at once:Paid off all her existing debtsPut her travel funds in handRolled it all into one simple repayment planBetter yet? Her new weekly repayments were lower than what she was previously paying across all her separate debts. So not only is Olivia off to Europe stress-free, but her finances are now way easier to manage.She was thrilled to have everything tidied up before her trip and loved having one clear payment instead of several. This is exactly what smart borrowing looks like. Case Study #2: Jasmine’s Business Cashflow Boost The need Jasmine had recently taken over a small but well-established business in her hometown. She’d been running it for six months and business was blossoming—but like any new owner, she hit a point where she needed a cashflow boost to cover some larger supply orders and marketing costs ahead of a busy season.She applied with a few lenders for a business loan, but kept hitting the same wall—they all wanted her to have been trading for at least a year. The challenge Although Jasmine had only been operating under her own name for six months, the business itself had been around for years.But traditional lenders weren’t willing to look past the “6 months trading” box. That’s when she came to Loansmart. The solution Jasmine’s Loansmart advisor looked at the bigger picture. They explained the business’s history to our lender network and submitted an application using her bank statement income—no full financials required.Because we work with low-cost lenders who are open to real-world situations, Jasmine was approved for a $25,000 unsecured business loan.The funds gave her the cashflow support she needed, and she didn’t have to jump through the usual hoops. No stress, no delays—just a smart, fast solution.Jasmine was absolutely stoked. With the extra breathing room, she’s been able to focus on growing the business, not just surviving. Get a free loan assessment Try our Loan Calculator #### On the Road to 1,000 Reviews: 17 Years of Loansmart, Told by Our Customers As we count down to our 1,000th review, we’ve been looking back on 17 years of helping Kiwis find smarter finance solutions. Lending rules tighten (remember the stories about people being declined for crazy one off items like a single lotto ticket), then loosen, and interest rates fluctuate, but one thing stays the same: people. Real situations, real pressure, and real relief when a loan actually solves the problem instead of adding to it. Rather than tell our story ourselves, we’d like to let our customers tell it—through a few of the reviews that mean the world to our team. When you’re tired of jumping through hoops Sometimes you do everything right, research the options, read the glowing promises, and still get nowhere. Brittany’s experience is a reminder of why advocacy matters and why careful, human assessment beats one-size-fits-all rules. "When all I needed was a helping hand .. contacting loan smart was my best decision. Shayaan helped me without making me jump through hoops easy to deal with and such a great outcome glad I finally found someone who actually looked at my application properly not just the money I owed, definitely will be using these guys again if I’m in the same situation" - Brittany Smith Guidance that makes the process feel simple Great lending isn’t just about approval; it’s about clarity. Shannah’s story shows how a proactive consultant can turn a stressful process into a smooth one – simply by taking the time to explain. "I had an excellent experience working with Melvyn on my loan approval. He was incredibly helpful, professional, and efficient throughout the entire process. Melvyn took the time to explain everything clearly, answered all my questions promptly, and made what could have been a stressful experience feel smooth and straightforward. I truly appreciate his support and dedication - highly recommend him to anyone looking for a reliable and knowledgeable loan expert!" - Shannah Ocena From “no options” to funds in the account When you’ve heard “no” for months, it’s easy to give up. Tupu’s experience captures what we aim to do every day: respond quickly, communicate clearly, and get a practical result. "My name is Tupu M and I will like to share my best experience with Loansmart. Its' has been 3 months since seeking everywhere else with other Finance's company and banks for some help for refinancing my debts...and I found NONE AT ALL. Thought I give up but as was scrolling through videos on youtube and suddenly came across a Loansmart ad. I thought I'll just give it a try and see by quickly filling that little form and send it away and "voilà" ...amazingly, the response from Mr Adnan Topiwala (Loansmart Representative) came straight away and I couldn't believe myself how fast it took. Application sent on Friday (19/09/25) in the afternoon, and Monday now (22/09/25) in the morning I received the MONEY in my account...WOW...this is the best service I have ever come across with before, just spot on. The whole experience and loan process by Mr Adnan Topiwala was at 'Professional Level' easy to talk to, easy to understand with all the information's provided by listening to Mr Adnan makes it much easier and fast for the whole loan process to complete. So, I will like to extend my word of appreciation to Loansmart for your help and especially to Mr Adnan Topiwala for a great service. Thank you very much. Keep up the good work" - Tupu M Smart options that tip the scales towards financial wellbeing A loan isn’t always the full answer – sometimes it’s the structure that matters most. Pele’s review highlights how debt consolidation can turn a short-term need into long-term breathing room. "I had an excellent experience with Loansmart and would like to especially acknowledge Sahil for his outstanding service. I initially applied for a small loan to cover an immediate need, however Sahil took the time to understand my situation and suggested debt consolidation, an option I wasn’t aware was available to me. This has significantly improved my financial outlook. His professionalism, knowledge, and support throughout the process were second to none. I highly recommend Loansmart and commend Sahil for his dedication to clients." - Pele When “declined” isn’t the end of the story Norma’s experience is exactly why we dig deeper. If Plan A isn’t available, we look for Plan B that still improves the outcome – and keeps things moving. "Fast and easy process, they help you with other options if you have any credit debt. Special thanks SAHIL CHAWLA, excellent service and great customer service, he can make you feel comfortable, confident and connected. I have applied for so many loan finances but they were all rejected, and I searched online for a better loan place and I found loansmart/ Sahil has work to make my debt merge together with one loan and it’s the better option for me as I was struggling. He made another offer when my requested amount wasn’t approved and that’s what us as customers like is when our request got rejected we were able to get another offer and work out what needs to be done to make it happen but not like I have experience with other loan brokers they rejected and that’s it. Thank you so much LOANSMART and lots of thanks to Sahil with his amazing and well experienced work. You deserve a raise" - Norma Tanuvasa Seeing the person, not just the numbers For us, lending is about understanding the full picture. MDL MR’s review shows what happens when someone really listens and then delivers on the goal of saving money and improving stability. "I have had the pleasure of encountering Jonathan Wilson. He has provided me with the most excellent and brilliant service I could ask for. I talked with numerous other companies and people but no one was able to understand my situation and the help I needed. I was always trying to find a way to help my financial status and save money. Jonathan was the only person who was able to see my situation and help me so effortlessly. Now I am saving money and I'm in a better financial position." - MDL MR Turning scepticism into confidence Clear explanations, transparent steps, and a result you can see – Pauline’s journey underscores the value of taking the time to clearly outline all options. "Sahil Chawla from Loansmart was extremely helpful. I was a bit apprehensive at first and didn’t think I could get a debt consolidation loan however he was able to give me options and really helped me understand what that actually meant for me and he explained everything so I could understand exactly what he meant. He made the process so easy and super quick I was still skeptical thinking I was being scammed until I saw that my debts were cleared and the funds in my account exactly as he said! Fantastic service and a great result!! Thank you Sahil and thank you Loansmart." - Pauline Faavae Support—especially when plans change Life happens. Angie’s story is about responsive service, quick turnarounds, and sticking with the plan even when circumstances change. "Fantastic service not once, but twice! I found them online, and requested a personal loan to upgrade my vehicle. The staff member who got my request was incredibly helpful (thanks heaps Andrea! ; ) and I got the loan approved and paid quickly (thanks guys!). The vehicle I purchased ended up with a serious mechanical fault and they were fully supportive of me buying another vehicle while I worked out something with the car yard that I purchased the original car from (to help me save on my spiralling rental car costs!). I had absolutely great service from Murray and his team, and I highly recommend them to anyone needing a loan! From one very happy customer" - Angie Wilson What these stories say about our team Across all of these experiences, you can hear the same values: no judgement, clear communication, smart options, and fast action. Whether it’s Shayaan removing the hoops, Melvyn unpacking the process, Adnan moving quickly, Sahil restructuring debt, Jonathan advocating for the person, Andrea and Murray stepping up when plans change – those values are evident across our team.We’re excited for review number 1,000, but the real milestone is the people behind each one. If you’re weighing up your options – or you’ve been told “no” too many times – talk to us. We’ll look at your full picture and work hard to find a smarter way forward.Apply online or chat with our team today. Apply Online Now Try our Loan Calculator #### Online Loans Instant Approval Online Loans Instant Approval: Can You Get One? When you’re looking for cash in a hurry, you want your loan approved super fast. Most people know that some lenders, like banks, have slower processing and approval times, so they’re often not the go-to choice for a fast loan. But there is a need for this type of loan – more than 200 people each month search for “online loans instant approval nz”. The truth is, there’s no such thing as an “instant loan”. Any credible lender must conduct checks to make sure you can repay the loan, and that takes time. However, you can still get loans approved quickly. Keep reading to find out how Loansmart arranges loans so fast, and how to get your loan approved faster. How quickly can I get my loan approved? At Loansmart we’re proud of the speed of our service.We approve many loan applications within 1-2 hours*, often we can disburse your money the same day!*We process applications on a first-come-first-served basis, so applying earlier in the day gives you a better chance of same-day approval and payment.The speed at which we approve your loan also depends on factors such as the amount you’re borrowing, and whether it’s a secured or unsecured loan (unsecured loans are much faster to process).*Subject to responsible lending criteria. Our process At Loansmart, our process starts with our simple online application, which takes just a few minutes to complete.After you fill it out, we’ll be in touch to get some more details from you and learn more about your situation.We then put your application in front of multiple lenders to find the best options for your needs.Within a couple of hours we’ll get back to you to discuss your options, and you can pick the best loan for you.We then send through the loan documents for you to sign electronically. After you’ve done that, we get the funds deposited into your account the same day!*Depending on your bank, they may appear in your account that day or the next morning.*Subject to responsible lending criteria. Why Loansmart is so fast Being an online loan broker gives Loansmart a huge advantage over more traditional lenders like banks.For a start, our 100% online process means there’s no pesky paperwork to fill out.Paper forms are time consuming and unnecessary, so we’ve cut that out and we do it all digitally.Our process is also faster because you don’t need to see us physically.There’s no appointments to attend or physical forms to sign, so you can easily get a loan from wherever you are.All you have to do is apply and then sit back while we do the rest.We say yes more often, and we make it easy with our fully online process. No hoop jumping required! Speedy and affordable As well as being super fast, Loansmart offers flexible low-cost loans at competitive rates starting from 9.95%. With loan terms from 6-84 months, we can structure your loan to make your repayments more affordable. If that’s not enough, you can trust us to give you the best advice. As proud members of the Financial Services Federation (FSF), we are required to act in your best interests. Our customers love us because we make borrowing hassle-free. Just check out the 500+ 5-star reviews we’ve received – many happy clients recommend Loansmart’s quick and easy service. Do you need a loan quickly? Get in touch with our friendly team today for a free chat about how we can help. Get My Loan Today Try our Loan Calculator #### Our 1,000th review — Yippee! Loansmart has officially reached 1,000 verified customer reviews, marking a meaningful milestone after 17 years of helping New Zealanders navigate their lending options.To quietly acknowledge the moment, Loansmart gifted $1,000 in cash to the customer who happened to write the 1,000th verified review – a decision made only after the review was posted and verified, rather than being announced in advance.The milestone review, shared by Sarah H, reflects the experience many customers describe – clear communication, friendly service, and support throughout the lending process. “Sahil was so amazing to deal with… communicated effectively, super easy. They’re very friendly too! Thanks heaps team!!” Appreciate your time”. Founder Murray Greig personally contacted the reviewer to say thank you: “She was extremely happy and praised the whole team as being “for the customer ". She didn’t think they would qualify for any loan but Sahil got them just what they wanted.” Murray said. Sarah followed up with the following message. “Omg! You guys are awesome. We've paid all our bills off thanks to the loan and we are free to breathe a little. Lol. This was not possible without your team! We are also going to be giving back to the community with this.” Moments like this remind us why we do what we do. We’re genuinely glad the milestone reward landed with such a deserving recipient, and even more grateful for the trust every client places in Loansmart. Every review – whether it’s number one or number 1,000 – represents a real person, a real situation, and a team committed to making lending clearer, easier, and more human. A special mention for review #999 Just before the milestone was reached, review number 999 came through – and it deserved its own moment of appreciation.Rach took the time to share her experience, highlighting exactly what Loansmart aims to deliver for every customer: clarity, responsiveness, and genuine support. “Loansmart are wonderful to deal with. The whole process was clear and stress free from start to finish. Dani was incredibly helpful throughout the loan process. She explained everything in plain language and was always quick to respond to questions. You felt supported at every step. I would highly recommend Loansmart if you want honest advice and great service.” A big thank you to Rach – and to every customer who has shared their experience over the years. Each review helps reflect the real impact of people-first lending done properly. Did you know? All Loansmart consultants are Licensed Financial Advisers, meaning we do more than arrange loans. We provide expert, regulated advice to ensure every recommendation is suitable, transparent, and aligned with your individual financial situation. Loansmart is also an affiliate member of the Financial Services Federation (FSF), reflecting our commitment to responsible lending, professional standards, and industry best practice – now and into the future. Smarter Loans >> Faster – More than a slogan – our whole ethos. Check out 17 Years of Loansmart, as told by our Customers. Apply Online Now Try our Loan Calculator #### Pay Off Debt Faster Without Sacrificing Your Lifestyle – A Checklist Paying off debt is one of the best things you can do for your financial health. But let’s be real—most people don’t want to live off noodles and skip every social invite just to clear what they owe. The good news? You don’t have to! At Loansmart, we believe in smarter ways to get ahead without putting your life on pause.Here’s how to pay off your debt faster while still living the life you enjoy. 1. Start with a Debt Snapshot Before you can beat debt, you need to understand your financial situation.Begin by listing every line of credit you have, including:Credit cardsPersonal loansOverdraftsBuy-now-pay-later servicesCar loansMake sure you include the interest rates, minimum repayments, and balances for each. This step is all about clarity – you can’t make smart moves if you don’t know what you’re working with! 2. Tackle the Highest Interest First Interest is the silent killer of your progress. If you’re paying 20% on one credit card and 13% on a personal loan, start with the one draining your money faster.This is called the avalanche method. You’ll:Pay the minimum on all debtsThrow extra cash at the highest-interest oneEven putting an extra $20 per week towards your highest interest debt will make a difference. This is particularly important for credit cards, because if you just pay the minimum, it will probably take years to pay off. Getting rid of your high-interest debt first saves you more money long term, helping you get debt-free sooner. 3. Consider Debt Consolidation A debt consolidation loan is one of the smartest moves you can make.Instead of juggling multiple repayments, you combine all your debts into one easy-to-manage loan—often with a lower interest rate.At Loansmart, we make this process simple:One quick 2-minute applicationAccess to multiple lendersSmart repayment options that suit your lifestyleApproval within 1-2 hours* and same day payout*You get to simplify, save, and speed up your debt-free journey. Check out this recent story from Sophie, one of our clients who saved $150 per week on her repayments thanks to a Loansmart debt consolidation loan. 4. Set a Realistic Weekly Repayment Plan Don’t overcommit. Choose a weekly repayment amount that fits your budget and still lets you live.Here’s a helpful way to do this:Track your spending for two weeksCut out what doesn’t bring valueAllocate that money to debt repaymentYou’ll be surprised how much you can free up without even feeling it. 5. Automate Your Payments Life gets busy. Forgetting a repayment not only slows you down, but it can also add fees or harm your credit. This doesn’t just apply to loan payments, but also bills. If you pay your bills late, like your phone or power bill, that reflects badly on your credit score too.The best idea is to set automatic payments on your bills and credit repayments to avoid:Late feesMissed deadlinesDips in your credit scoreConsistency is the key to getting ahead—without thinking about it every week. 6. Say No to New Debt (For Now) This one’s tough, especially with tempting buy-now-pay-later offers or sales that seem “too good to miss.”But here’s the truth: Every time you take on new debt, you’re undoing the hard work you’ve put in.Instead, get into a habit of:Saving for what you wantDelaying purchases by 48 hoursAsking yourself, “Do I need this, or just want it?”This isn’t easy but trust us, your future self will thank you! 7. Refinance When It Makes Sense If your financial situation has improved since you first took out a loan, you might be able to refinance to a better deal. This is a good time to have a chat to a loan broker like Loansmart, where you get:Access to low-cost lendersFlexible repayment termsSame-day approval and payout options*You could lower your repayments or pay the loan off faster—without changing your lifestyle. 8. Use Windfalls Wisely Tax refund? Bonus from work? Unexpected gift?Use at least a portion of it to make a lump-sum repayment. Even a small one can:Reduce your interestCut months off your loanGive you breathing room laterThis helps you stay on track while still enjoying part of that extra cash. 9. Reward Yourself the Smart Way Paying off debt is hard and sometimes unpleasant, but it shouldn’t feel like punishment. You need to be able to stick to your plan; otherwise, you’ll end up staying in that cycle of debt you’re trying to get out of.Research indicates that positive reinforcement—like rewards—can be more effective in motivating individuals than negative consequences. For instance, a study highlighted in Harvard Business Review found that offering small incentives was more successful in changing behaviour than warnings about negative outcomes.Using this approach to paying off your debt, you can set milestones and celebrate them—without spending too much. You could do things like:A free beach day after three months of consistent repaymentsA nice meal out after paying off a credit cardA mini getaway after you’ve cleared 50% of your debtThis keeps you motivated to keep paying down your debt without derailing your goals. 10. Get Expert Help From Loansmart (It’s Free!) There’s no shame in asking for help. In fact, it’s one of the smartest things you can do.Our friendly team at Loansmart can:Review your current loansFind better optionsHelp restructure your debt to save moneyPlus, our service is 100% online, fast, and hassle-free. No hoops to jump through, no judgment—just help.Get a free loan assessment How Loansmart Can Help You Pay Off Debt Faster You don’t need to give up your lifestyle to get ahead financially. With a few smart strategies—and the right support—you can knock down your debt faster while still living your life.At Loansmart, we help you take control with:Smarter loan optionsSimple application processTrusted advice from a team that caresRemember: It’s not about working harder. It’s about working smarter. And that’s exactly what we’re here for.Need help finding a smarter way to pay off your debt?Apply online in just 3 minutes and get personalised options today.*Subject to responsible lending checks and criteria. Get a free loan assessment Try our Loan Calculator #### Renovating on a Budget: How a Home Improvement Loan Can Help Renovating your home can be exciting—but it can also be expensive. Whether you’re dreaming of a new kitchen, updating your bathroom, or fixing that leaky roof, the costs can add up quickly. That’s where a home improvement loan can help.A home improvement loan is a type of personal loan used to fund renovations, repairs, or property upgrades. It can be secured against your home or another asset, or structured as an unsecured loan, depending on your situation. Homeowners commonly use it for projects like kitchen remodels, bathroom upgrades, or structural repairs. Why Renovate? Home renovations can increase your property’s value, improve your living space, and make your home more energy-efficient. In New Zealand, popular renovations like kitchen and bathroom upgrades, fresh paint, and landscaping can offer some of the highest returns on investment. Additionally, strategic upgrades such as modern kitchens, bathroom renovations, and adding outdoor living spaces are particularly valuable in the New Zealand property market. Certain renovations can offer significant returns on investment. For instance, adding a bedroom can potentially double the money you spend, while kitchen and bathroom upgrades can return around $1.50 for every dollar invested. However, home renovations aren’t cheap. A typical kitchen reno will cost you between $30,000 and $50,000, while a new bathroom could cost between $15,000 and $45,000. So, how do you fund a home renovation project? Financing Your Renovation with a Home Improvement Loan There are several ways to finance your home renovation in New Zealand:Unsecured Loans: Unsecured loans don’t require collateral. They offer flexibility and can be ideal for smaller projects.Secured Loans: These loans use something valuable, like your home, as collateral. They often come with lower interest rates but carry the risk of losing your asset if you can’t repay.Mortgage Top-Ups: If you have an existing mortgage, you might be able to borrow more against your property. This can be cost-effective but may extend your loan term.Credit Cards: Suitable for very small projects, but be cautious of high-interest rates.It’s essential to compare different financing options to find the one that best suits your needs and financial situation. Loansmart Home Improvement Loans At Loansmart, we specialise in providing smart, fast loans tailored to your needs. Here’s how we can assist with your home renovation: Quick Application: Apply online in just 3 minutes. Fast Approval: Many loan applications are approved online in 1–2 hours*. Same-Day Payment: Once approved, you could receive your funds the same day*. Flexible Options: Borrow up to $75,000 unsecured or up to $150,000 secured. Competitive Rates: Interest rates starting from 9.95%*. Tailored Repayment Plans: Choose a repayment plan that works for you, with terms ranging from 6 to 84 months. We understand that every renovation project is unique. That’s why we offer personalised advice and work hard to find you a great deal. Our team is dedicated to making the loan process as easy and stress-free as possible. We jump through hoops so you don’t have to! Want to see what the repayments would be on your dream reno? Use our free online loan calculator! A Smart Renovation Strategy: Rhys's Story Here’s an example from one of our clients. Rhys, a homeowner from Auckland, was eager to start some minor renovations on his house. He initially estimated the costs at around $20,000 and considered applying for a mortgage top-up through his bank. However, the bank’s approval process was expected to take longer than a week, and even a personal loan application would require a few days. Wanting to commence the work promptly, Rhys turned to Loansmart, attracted by our quick approval times. Understanding that renovation projects often exceed initial budgets, Loansmart’s advisors secured approval for an unsecured loan of up to $75,000 for Rhys. This approach allowed him to revisit his estimates with his tradespeople to ensure sufficient funding. Eventually, Rhys decided to borrow $35,000, providing a comfortable buffer for any unforeseen expenses. This proactive strategy ensured that Rhys could proceed with his renovations confidently, knowing he had the necessary funds to handle any surprises. This case shows Loansmart’s commitment to offering flexible and timely financial solutions tailored to individual needs. With same-day payouts on lending up to $75,000 unsecured, Loansmart stands out as a fast, low-cost option for homeowners looking to enhance their properties. Tips for Renovating on a Budget While renovating can be expensive, there are things you can do to keep a lid on costs. Plan Ahead: Determine what renovations are necessary and set a realistic budget. Get Multiple Quotes: Compare prices from different contractors to ensure you’re getting the best deal. DIY Where Possible: Taking on some tasks yourself can save money, but be honest about your skills to avoid costly mistakes. Prioritise: It can be easy to get carried away. Focus on renovations that add the most value to your home. Monitor Expenses: Keep track of your spending to stay within budget. Can I get a home improvement loan without using my house as security? Yes. Unsecured home improvement loans don’t require property as collateral. Approval is based on factors like your credit history and affordability. If your credit profile is weaker, a lender may offer a secured loan option instead  How much can I borrow for renovations? Unsecured home improvement loans usually range up to $75,000. Secured loans can allow borrowing of $150,000 or more, subject to security value and lending criteria. Is a home improvement loan better than a credit card? Yes, for larger renovation costs a home improvement loan is often more suitable than a credit card. Credit cards typically have higher interest rates and are designed for short-term borrowing, while home improvement loans usually offer lower rates and fixed repayments over terms of up to 7 years. This structure can make budgeting easier and help borrowers maintain consistent, on-time repayments. Ready to Start Your Renovation? If you’re considering a home renovation and need financial assistance, Loansmart is here to help. With our fast, smart, and caring service, we aim to make the borrowing process straightforward and tailored to your needs. Apply online today and take the first step towards transforming your home. Apply Online Now Try our Loan Calculator #### Saving Emma’s Home with Smart Lending Case Study #1 - Emma The Need Emma faced escalating mortgage arrears, unpaid rates, and piling utility bills after the unexpected passing of her father.The funeral and related expenses had set her back significantly, and she feared losing her family home. The Challenge Despite applying for a $4,000 advance to cover her immediate mortgage arrears, Emma was declined by every mainstream lender due to her existing defaults.Her home, however, held substantial equity—a potential avenue for relief if the right lender could be found. The Solution Emma’s loan advisor structured a secured loan using Emma’s home equity, consolidating over $40,000 of arrears, credit-card balances, and overdue bills into a single loan.This not only cleared all her debts but also reduced her weekly repayments by $100!Emma was very happy with the result. With her credit now tidy and cash flow restored, she can now pursue a traditional refinance with her bank in a few months’ time.Emma’s situation is a great example of how a secured loan can help to consolidate and manage debt.Our team of experienced loan advisors work closely with clients to understand their financial goals and create a personalised plan to achieve them.Secured loans are just one type of financing option available at Loansmart. We also offer unsecured personal loans, vehicle finance, business loans, and more.Our goal is to provide our clients with the best possible solutions for their individual circumstances. Case Study #2: Sophie The need Sophie initially applied for a modest $3,000 loan to help with family support, only to be declined by most lenders due to her existing obligations. The challenge Having existing loans can be an issue for some lenders, who are concerned about the client’s ability to manage the loan repayments.When Sophie’s loan advisor had a look at her situation, they found multiple outstanding loans whose combined repayments left her with insufficient disposable income.As a result, most of the lenders Loansmart works with declined her loan application.However, her loan advisor didn’t give up, and kept looking for a lender willing to both approve and consolidate these debts. The solution Thanks to some creative problem solving by her loan advisor, a lender was found, who was willing to not only approve Sophie’s loan application but increase it to $34,000.With this, we paid her off four separate loans – all her debts – and provided Sophie with $4,500 in surplus funds.Not only did she get the cash she needed, but her weekly repayments fell from $400 to $250—a $150 weekly saving that boosts her family’s budget.This is typical of the sort of out-of-the-box solutions our loan advisors provide. They understand that every individual’s financial situation is unique and requires a tailored approach.Our team of friendly advisors are always here to listen, understand and come up with creative solutions to help our clients achieve their financial goals.Whether it’s consolidating debts, renovating a home, or starting a business, we have the expertise and resources to find the right loan for you. Get a free loan assessment Try our Loan Calculator #### Short Term Loans & Finance Short Term Loans A short term loan is a type of unsecured loan, or personal loan. Sometimes you only need help for a short period of time, so it makes sense to borrow only what you need and only for as long as you need it. You can pay for items you need today or get a better deal by paying cash up front for larger purchases with a short term loan. A short term loan can be used to cover unexpected expenses such as car repairs and overdue bills, living expenses, emergency expenses and special treats.  Types of Short Term Loan Lenders In the loan market, there are many different short term loan lenders, some of which are ‘high-cost’. Despite charging more than 50% per annum, high-cost lenders may advertise ‘daily interest rates,’ making them appear less expensive. Some loan terms are just a few weeks, but the danger is default fees if you do not repay the full amount on time. Your credit history will be negatively affected if this happens. A bad credit score can result from defaulting on loan payments. Getting into a debt cycle occurs when you borrow more money to repay your current debts. In addition, every time you apply for a loan, a credit check is performed, which also affects your credit history.  Loansmart offers short term loans with a minimum loan period of six months. We do this because we want to ensure our customers are able to comfortably repay their loans. Spreading out your loan repayments will make them more affordable. In this way, you can build your credit rating by making your payments on time. If you have a good credit rating, you will be able to receive a better interest rate.  We offer short term loans with customised terms and rates. Our small short term loans are designed with ease in mind, our loan process is simple. How it works:The loan interest rate you are charged will vary depending on your credit rating and financial situation, which is why you must take the necessary steps to ensure you repay your loan on time.  Having a fixed interest rate allows you to budget with confidence, since the total loan amount won’t change. You can schedule repayment dates to coincide with your pay checks to make the repayment process even simpler. How To Apply For A Short Term Loan You can apply for a short term loan online now with our easy online application process. Loan Interest Rates between 9.95%* – 35.50% We offer both secured and unsecured loans We can usually get a decision on your loan within one day Loan funds are made on the same day your loan is approved You may make additional payments as you wish Flexible lending criteria *Subject to responsible lending checks and lending criteria.  Loan Repayment Calculator  See what your weekly payments could be using our personal loan calculator! A rate tailored to your financial situation will be offered to you. You could pay more or less than the estimate provided here.  ARE SHORT TERM LOANS THE BEST OPTION FOR YOU?  Loansmart also offers several other borrowing options that may be more suitable to your needs. We also offer a Debt Consolidation Loan, Home Loans, and larger loans up to $150,000. We also offer long-term loans in addition to short term loans and secured loans.  When you submit an online application form, a member of our credit team will contact you to discuss your options. When we understand our clients, we provide them with the most appropriate borrowing solutions. We can give you a free Loans Assessment and show you how much money you could save by restructuring your loans differently, such as with a lower interest rate or a longer repayment period.  YOU CAN DO MORE WITH A LOAN FROM LOANSMART! Loansmart lets you apply for loans across New Zealand in just 2 minutes! An online application form can be submitted from any device at any time. You don’t even need to send us your bank account details to apply online. Through a secured link, we can easily obtain that information. After your application has been approved, your money will be transferred the same business day. We should be able to offer you a solution as long as you have a regular income and can afford your repayments.  It is easy to apply online for a short term loan or long term loan. A dedicated Loansmart lending consultant will contact you shortly after receiving your application. We offer flexible repayment options. Based on when you get paid, you can arrange for weekly payments, fortnightly, or monthly repayments.  APPLY NOW #### Should You Use a Loan for a Holiday? Pros and Cons Dreaming of sipping cocktails in Fiji or road-tripping across New Zealand, but your bank account’s screaming “not today”? You’re not alone. Times are tight, and some Kiwis are turning to personal loans to fund their holidays — but is that a smart move?Let’s look at the pros and cons of using a loan to pay for your next holiday, so you can make a decision that won’t leave you with a financial hangover. Pros of Getting a Loan for a Holiday 1. You Can Travel Sooner The biggest perk of taking out a holiday loan is simple — you don’t have to wait! If you’ve got time off work coming up, or a once-in-a-lifetime opportunity that won’t wait for your savings to catch up, a loan for a vacation can make it happen. At Loansmart, you can apply in 2 minutes and potentially get approved within 1-2 hours*. 2. Flexible Repayment Options With Loansmart, you can borrow up to $75,000 unsecured and take up to 84 months to repay it. That means you can choose a repayment schedule that suits your lifestyle and budget — no stressing about how to pay it all back in a short space of time. 3. No Need to Dip into Savings You’ve probably worked hard to build your emergency savings — using them for a holiday might not feel right. A loan for a holiday lets you keep that safety net in place while still getting to enjoy some well-deserved time away. 4. Fixed Costs and Easy Budgeting Unlike a credit card, a personal loan usually has a fixed interest rate and set repayments. You’ll know exactly how much you’re paying and for how long. No nasty surprises. At Loansmart, rates start from 9.95%*, and we’ll find you a low-cost lender with fair terms. 5. You Can Still Get a Loan With Bad Credit Even if your credit score isn’t perfect, you might still qualify for a low-cost loan for a vacation through Loansmart. We look at your full situation, not just the numbers, and work with a wide range of lenders to give you more chances of approval. Cons of Using a Loan for a Holiday 1. You’ll Be Paying Off Your Holiday After It's Over You had the time of your life at that beachside resort—but paying it off for months (or years) after you’ve returned can be a buzzkill. Holidays should be relaxing, but lingering debt might keep the stress going longer than your tan. 2. Interest Adds Up Even with a competitive rate, you’re still paying interest. A $5,000 loan for a vacation could end up costing more than $6,000 over time depending on your rate and term. That adds a fair chunk to the price of your trip. 3. Can Affect Your Credit Score Taking on any debt impacts your credit profile. Sometimes for the better, because if you make all your repayments on time your credit score will benefit. But if you miss repayments or take out multiple loans at once, your credit score could take a hit — making it harder to borrow in the future. So, it’s important to make sure you’re not overcommitting and that you can make your loan repayments. 4. It's Easy to Overspend When you’re using borrowed money, it’s tempting to upgrade that hotel or stretch the trip a little longer. But small upgrades can snowball into a much bigger loan than you planned. Before you know it, you’re repaying a luxury trip that started off as a budget break. 5. It’s Not Right for Every Budget If your current financial situation is already a bit tight, adding another repayment could be risky. You don’t want a holiday to turn into a long-term burden. That’s why Loansmart works with you to create a smart repayment plan — one that fits your life, not one that adds pressure. Real Story: How Marama Made Her Dream Holiday Happen Marama, a Loansmart client, wanted to surprise her husband with a special anniversary holiday. She tried her bank first, but they declined her loan for a holiday because they incorrectly assumed she was paying half the mortgage — even though her actual payments were much less.Frustrated, she came to Loansmart. Our team looked at her real situation and connected her with a lender who used a bit of common sense. The result? She got the loan for a vacation, booked the trip, and pulled off a beautiful surprise — all without the stress or hassle.It’s a great example of how we go beyond the numbers to find fair, fast loan solutions that work in the real world. When Does It Make Sense to Use a Travel Loan? Here are a few times it might actually make good financial sense to get a loan for a holiday:You’ve found a crazy good travel deal that won’t last.It’s a once-in-a-lifetime event like a honeymoon, family reunion or overseas wedding.You’ve got a steady income and a clear budget to repay it without stress.You want to avoid draining your savings or using high-interest credit cards. When You Might Want to Skip a Loan for a Vacation You might want to think twice if:Your income is unstable or already stretched thin.You don’t have a plan to repay the loan.You’re already juggling other debts or credit cards..The holiday is more of a “nice to have” than a real priority. A Smarter Way to Borrow If you do decide to go the travel loan route, do it smart.With Loansmart, you get:Access to multiple low-cost lendersExpert advice to help you make the best choiceFast approval (often within 1–2 hours*)A caring team that looks after your financial wellbeingWe don’t just approve your loan and send you on your way. We help you figure out how to pay it off easily, with less stress and more flexibility.Ready to turn your dream holiday into a smart decision?Apply Now!*Subject to responsible lending checks and criteria Holiday Loan FAQs Is it a good idea to get a loan for a holiday?It can be, if you’ve got a steady income and a repayment plan. Loans let you travel sooner without touching savings — but you’ll need to repay it after the trip, with interest.What’s better — a loan for a vacation or using a credit card?A loan typically has a lower, fixed rate and structured repayments. Credit cards often come with higher interest and no fixed repayment schedule, which can lead to long-term debt.Can I get a holiday loan with bad credit?Possibly. Loansmart looks at your full situation, not just your score. Many clients with past credit issues still get approved. Apply Online Now Try our Loan Calculator #### Signs It’s Time to Consolidate Your Debts Debt can feel like a never-ending cycle – juggling payments, due dates, and interest rates. If your finances are starting to spiral, it might be time to simplify things with debt consolidation.At Loansmart, we’re all about smarter loans and fast solutions that actually make life easier. So, if you’re wondering whether consolidating your debts is the right move, this guide breaks down the tell-tale signs and how it could help you stress less and save more. What is Debt Consolidation? Before we dive into the signs, here’s a quick refresher: debt consolidation is when you combine multiple debts – like credit cards, personal loans, or hire purchases – into a single loan. Instead of juggling different payments and interest rates, you’ll have one manageable repayment, often at a lower rate.It’s not just about convenience – it’s about making a smart financial move that gives you more control and less stress. 1. You're Struggling to Keep Up With Multiple Payments If your calendar is packed with different payment dates and you’re constantly worrying about missing one, it’s a strong sign your finances are too complicated.Debt consolidation simplifies things. One payment. One due date. One interest rate. At Loansmart, we make it easy – no endless paperwork or bank visits. Just a fast, 100% online application that could get you approved today. 2. You're Only Paying the Minimum on Credit Cards Paying just the minimum on your credit cards might feel like you’re staying afloat, but it’s actually keeping you stuck. Most of that payment goes toward interest, not the actual debt.By rolling those credit card balances into a debt consolidation loan, you could reduce your interest rate and make a real dent in what you owe. We work with multiple low-cost lenders to find the most competitive deal for you. 3. Your Interest Rates Are Sky-High Credit cards and short-term loans can come with ridiculous interest rates. If you’re constantly throwing money at interest without shrinking your balance, it’s time to look for smarter options.Loansmart offers debt consolidation loans with rates starting from just 9.95%*, which could save you heaps over time. You’ll get a fairer deal from people who actually care about your financial well-being. 4. You're Feeling Overwhelmed or Stressed About Money Having a lot of debt is stressful, and the current economic conditions are making things even harder. A recent survey by Westpac shows many people expect this year will be more financially stressful than the last.Worrying about money can mess with your sleep, your mental health, and even your relationships. If you’re constantly feeling anxious about money, that’s a huge red flag.Debt consolidation can help you breathe easier. It’s not just about numbers – it’s about getting back control. At Loansmart, we’re here to make that happen quickly and with zero judgment. We genuinely care and go the extra mile to make sure the solution fits your situation. 5. You’ve Got a Mix of Short-Term and Long-Term Debts Maybe you’ve got a car loan, a credit card, and a personal loan – all with different terms and interest rates. Managing that mix is tricky and expensive.With a debt consolidation loan, you can roll all those into one. You’ll have the option to repay over 6 to 84 months, depending on what works best for you. It’s all about flexibility and giving you space to plan without pressure. 6. You’ve Missed Payments (or Come Close) Missing payments can hurt your credit score and make it harder to get approved for loans in the future. If you’ve already missed a few or you’re constantly cutting it close, it’s time to take action.Consolidating your debts can help you get organised and avoid late fees. Plus, applying through Loansmart doesn’t hurt your credit like multiple lender applications might – we apply on your behalf to multiple lenders with just one application. 7. You’re Stuck in the “Robbing Peter to Pay Paul” Cycle If you’re borrowing from one place to pay off another, that’s a sure sign something needs to change. This cycle only delays the inevitable and adds more stress.A debt consolidation loan can give you a clean slate. You’ll repay one fixed amount, and you won’t need to shuffle money around just to stay afloat. It’s about making a fresh start with a plan that actually works. How Loansmart Makes It Easy To Consolidate Your Debts We know how stressful debt can be, and we’re not here to make it harder. At Loansmart, we do things differently:Apply online in just 2 minutesGet approved in as little as 1 hour*Same-day payments available*Access to multiple low-cost lendersTrusted advice from a team that truly caresOur mission is simple: to take the stress out of borrowing. Whether you’ve got bad credit or you’ve been turned away by the bank, we’ll look at your whole situation and find the best way forward. Is Debt Consolidation Right for You? If any of the signs above sound familiar, it’s worth looking into. Consolidating your debts could help you:Lower your monthly paymentsSave money on interestReduce your stressImprove your credit over timePay off debt fasterEvery situation is different, so if you’re unsure, let’s have a chat. A quick 10-minute call could give you all the clarity you need – and it doesn’t cost a thing!Debt doesn’t have to rule your life. If things are starting to feel overwhelming, consolidating your debts with a smarter loan could be your way out.Ready to simplify your debt and start fresh? Apply online now!*Subject to responsible lending checks and criteria. Apply Online Now Try our Loan Calculator #### Simple Budgeting Tricks Kiwis Swear By New Zealanders face rising living costs—housing expenses hit an average of $458.40 per week in mid-2024, so finding effective budgeting advice and budget-saving strategies is crucial.By applying proven methods like the 50/30/20 rule, envelope budgeting, and digital trackers, you can allocate every dollar purposefully. Plus, Loansmart’s competitive personal loans, debt consolidation options, and handy online loan calculator empower you to streamline debt and bolster savings effortlessly. Why “Budgeting Advice” Matters for Kiwis Financial experts agree that having solid budgeting advice is the first step to financial well-being.Nearly half of young Kiwis aged 18–24 are proactively improving their money habits, yet many still struggle without clear guidance.Effective budgeting advice helps you:Track essentials vs. wantsSet aside an emergency fundAvoid costly overdrafts or late feesWith most New Zealanders still under pressure from the increasing cost of living, every dollar counts.Loansmart’s free budgeting calculators and expert support guide you through these challenges with local insights. Budget Saving Trick #1: Embrace the 50/30/20 Rule What Is It? The 50/30/20 rule splits your after-tax income into essentials (50%), wants (30%), and savings/debt repayment (20%). Many people fall into the trap of spending all their disposable income on “wants”, leaving nothing left to reduce their debt. This can be an effective way to curb that bad habit. Why It Works for Budget Saving By capping essentials and wants, you automatically funnel money into savings or debt reduction—making budget saving consistent rather than sporadic. Many New Zealanders find this structure simple and effective for everyday spending. Budgeting Advice Trick #2: The Envelope Method How to Get Started Figure out where you’re spending your money and put it into spending categories (e.g. groceries, fuel, entertainment).Get cash out and allocate it into envelopes for each category at the start of the month.*Once an envelope is empty, no more spending in that category.In the absence of real cash, you can use pretend money and take it out whenever you go to spend it.This tactile approach to budgeting advice helps you visibly see where your money goes and enforces discipline—saving you from overspending on non-essentials. Budget Saving Trick #3: Automate Your Savings Setting up an automated transfer of 5–10% of your salary into a dedicated savings or KiwiSaver account ensures you “pay yourself first.” This can be a great way to grow your emergency funds faster and avoid “lifestyle creep”, which is when your spending rises with your income. Instead of getting ahead by saving, you just spend all your extra money on “wants”. However, if your saving is automated, you’re more likely to stick with it.One option here is to open a savings account with a second bank, but don’t get a debit card issued for that account. That makes it harder for you to be tempted to dip into that account, and your savings will grow faster. Budgeting Advice Trick #4: Trim Costs Review subscriptions, insurance policies, and utility plans every 6–12 months. Switching providers can save you hundreds annually.Team up with friends or family for things like Netflix subscriptions.Dining out? Choose First Table! You can save 50% just by eating earlier.Many fuel companies have a weekly discount day – wait until then to fill up. Check the Gaspy app.Choose a power provider that offers free energy (e.g. Power Shout hours with Genesis, or Contact’s Good Nights Plan).Food is getting expensive, so find a cheaper supermarket. One Consumer NZ study found grocery shoppers could save $700 a year by choosing Pak’nSave over other supermarkets.Be careful with your power use. Adjusting your heat pump temperature to 19–21°C and switching appliances off at the wall can save $320 and $100 per year respectively.The little things really do add up! Budget Saving Trick #5: Leverage Technology Use budgeting apps that sync with your bank accounts to categorise spending in real time. MoneyHub’s guide highlights how tracking via apps prevents surprise deficits and keeps you accountable. Why Choose Loansmart for Your Financial Journey Tailored Personal Loans & Debt Consolidation: Consolidate multiple debts into one affordable repayment plan with rates as low as 9.95%.Local Expertise: New Zealand-based credit specialists understand Kiwi financial landscapes—nothing generic or offshore.Fast Approval and Payout: Our 100% online process means most applications are approved within 1-2 hours*, with same-day payout possible*.By integrating Loansmart’s services with these budgeting advice and budget saving tricks, you gain both the strategy and the support to reach your financial goals.Start applying these simple but powerful budgeting tricks today, and let Loansmart help you build a stronger financial future—one smart dollar at a time.*Subject to responsible lending checks and criteria. Apply Online Now Try our Loan Calculator #### Smart Ways to Budget for Big Life Events: Weddings, Babies, and First Homes Big life events are exciting, emotional, and usually quite expensive. We’re talking about the big stuff: a dream wedding, welcoming a new baby, or getting a deposit for a first home.The financial side of these milestones can quickly become overwhelming if you’re not prepared. But here’s the good news—by taking a smart, proactive approach to budgeting, you can stay on top of your finances without sacrificing the joy of these huge moments.At Loansmart, we’ve helped thousands of Kiwis manage their money during life’s big transitions. In this blog, we’ll walk you through practical budgeting tips for three major events—weddings, babies, and first homes—so you can navigate them with confidence (and maybe even a little spare cash in your back pocket). 1. Budgeting for Your Wedding Without Losing the Plot Let’s start with weddings. They can be magical, but they can also burn through your savings faster than you can say “I do”. The average wedding in New Zealand costs about $30,000, though many couples spend much more. The key to keeping your wedding within budget is prioritising, planning, and being realistic.Set Your Maximum Budget—Then Stick to ItDecide on a top-dollar figure before you start booking anything. Include every cost you can think of: venue, catering, dress, rings, photographer, music, flowers, marriage licence, and honeymoon. Use a spreadsheet or budgeting app to keep track of quotes and actual spend.Prioritise What Matters MostWhat’s your non-negotiable? A beachfront ceremony? Amazing food? Live band? Spend the bulk of your budget there and look for savings elsewhere. Remember, your guests will remember the vibe, not the chair covers.Avoid the Debt TrapIt’s easy to overspend on weddings, but you don’t want to start married life in a financial hole. If you need a top-up to bring your dream day to life, consider a personal loan with a competitive interest rate. At Loansmart, we can help you find a great deal across multiple lenders—even if you’ve had credit issues in the past. 2. Preparing Financially for a New Baby Few things are as life-changing (or budget-changing) as having a baby. It’s not just the nappies and onesies—it’s the shift in income, household priorities, and future planning. Here’s how to keep things manageable.Understand the Upfront and Ongoing CostsBefore the baby arrives, there’s the cot, pram, car seat, clothes, and so on. After that, it’s formula, nappies, childcare, and eventually school-related expenses. In NZ, the average cost of raising a child is between $8,000 and $16,000 per year!Create a “Baby Budget”Make a list of everything you’ll need and categorise it by must-have vs nice-to-have. You’ll be surprised how much you can save by borrowing from friends or buying second-hand—especially since babies grow out of things so quickly.Plan for Parental LeaveCheck your entitlements for paid parental leave and work out how long you can afford to be off. If your income is likely to drop, start adjusting your spending early and try to build up a buffer fund. The more prepared you are, the less stressful those early months will be.Consider a Personal Loan for Larger PurchasesIf you want to renovate a nursery, buy a safe second car, or cover the gap in income for a few months, a small personal loan can be a useful tool—especially when interest rates are low. Our loan experts can match you with options that suit your needs and situation. 3. Budgeting for Your First Home Buying your first home is one of the biggest financial commitments you’ll ever make—but with good planning, it’s also one of the most rewarding.Know What You Can AffordWork out how much you can realistically borrow and repay based on your current income and expenses. Lenders look at your debt-to-income ratio, credit history, and savings habits—so getting your financial ducks in a row is crucial.Start Saving Early for the DepositIn New Zealand, a 20% deposit is the ideal target, but you may be able to get into your first home with as little as 5% through certain lenders or government schemes. The earlier you start saving, the better. You may also be able to withdraw your KiwiSaver savings towards your deposit.Create a “Home Buying” BudgetDon’t just focus on the deposit. There are legal fees, LIM reports, moving costs, insurance, and possibly renovation or furniture costs once you move in. Make sure you factor it all in. Plan Now, Stress Less Later Big life moments are meant to be celebrated—not overshadowed by money worries. By budgeting smartly, staying organised, and seeking the right financial support, you can make each milestone something to truly enjoy.And remember, you don’t have to do it alone. At Loansmart, we specialise in helping Kiwis navigate life’s big expenses with simple, fast, and flexible loan options. Whether you’re saying “I do,” welcoming a little one, or stepping onto the property ladder, our expert team is here to help you make it happen.Our application takes just 2 minutes, and approvals can happen within 1–2 hours*, with same-day payout* possible. We work with multiple lenders to find the best deal for you, even if you’ve had a few bumps on your credit file.Apply Now!*Subject to responsible lending checks and criteria Apply Online Now Try our Loan Calculator #### Smarter Wedding Finance: How to Fund Your Big Day Without the Stress Weddings and big events are exciting – but let’s be honest, they can also be expensive. Whether it’s a dream wedding in Queenstown or a milestone birthday bash at your favourite vineyard, those costs add up fast. Between the venue, catering, outfits, entertainment, and a hundred other little things, it’s easy to blow your budget before the day even arrives.But here’s the good news: there’s a smarter, easier way to finance your wedding or event – without the stress, the hoop-jumping, or the panic about maxing out your credit card.Let’s talk about how you can plan the celebration of your dreams in New Zealand – and get the wedding finance support you need – with a little help from Loansmart. Why Do Weddings and Events Cost So Much in NZ? You probably already know that hosting an event isn’t cheap. A typical wedding in New Zealand can cost more than $30,000, depending on where you’re tying the knot. Even a decent birthday party, engagement do, or anniversary dinner can easily run into the thousands.Here’s where the money usually goes:Venue hire (especially popular spots like wineries or function centres)Catering (around $40–$120 per head)Photography/videographyDress/suit and outfitsEntertainment and decorTransport and accommodation for guestsThrow in unexpected costs – like last-minute upgrades, weather plans, or extra guests – and things can quickly spiral! Wedding Finance Made Simple What’s the Smarter Way to Finance Your Wedding?Not everyone has a pile of savings ready to go. And while it might be tempting to put everything on a credit card or borrow from family, that often creates more stress (and awkward conversations).That’s where Loansmart’s wedding loans and event finance come in.We offer personal loans that are fast, fair, and flexible – perfect for funding weddings, birthdays, anniversaries, or any other major celebration without the pressure. You can apply in just 2 minutes, get approved in as little as an hour*, and even have funds in your account the same day*. Here’s why it makes sense: 1. It’s 100% Online - And Super Easy Planning a big event is already full-on. The last thing you want is to be buried in paperwork just to get a loan.With Loansmart, the whole wedding loan application process is done online. No printing, scanning, or trips to the bank. Just a simple, quick form you can fill out from your couch – wine in hand.✔ 2-minute application✔ No messy paperwork✔ No hoop-jumpingWe’ll handle the hard stuff in the background, so you can get back to picking flowers and playlists. 2. Flexible Wedding Finance Options That Work for You Every event is different. That’s why our wedding funding options are flexible enough to match your needs – whether you need $5,000 to top up your budget or $75,000 to go all out.You can borrow unsecured up to $75,000, or secured up to $150,000*, and choose a repayment term that works for your lifestyle – from 6 months up to 84 months.And the best part? We compare offers from multiple low-cost lenders – so you can get the best wedding loan interest rate and terms for your situation. We don’t do cookie-cutter loans – we help you make smart choices. 3. Fair, Affordable Special Occasion & Wedding Loans At Loansmart, we care about your financial health. Seriously.We’re not here to pile on debt and walk away. We’ll help you get a loan that’s fair, with interest rates starting from just 9.95%*, and repayments that don’t stretch you too thin.Our goal is to help you set up your big day – and your finances – for success. That means trusted advice, smart lending options, and no hidden nasties. 4. You’re Not Alone - We’ve Got Your Back Planning your wedding can feel overwhelming – but we’ve helped thousands of Kiwis get personal loans for big life moments, including wedding finance.You might be planning your wedding, or maybe you’re throwing your parents a big anniversary bash. Either way, it can feel overwhelming.But we’ve helped thousands of Kiwis get personal loans for all kinds of reasons – so we know how to guide you through the process. Our expert team is friendly, fast, and genuinely here to help.With hundreds of 5-star reviews and loads of happy customers, you can count on us to make borrowing simple and stress-free. When Does a Loan Make Sense? We’re not saying you should borrow for just anything. But for big life events that really matter – and when you’ve got a solid plan to pay it back – it can make perfect sense.Here’s when it might be the smart move:You’ve got a special event coming up, but not enough savingsYou want to avoid high-interest credit cardsYou’d rather have one simple repayment than juggling multiple expensesYou want to actually enjoy the big day without financial stressA personal loan helps you spread the cost over time, so you’re not stuck paying off everything all at once. How To Plan A Wedding On A Budget Even with a personal loan giving you a bit more breathing room, it’s always smart to save where you can. A big event doesn’t need a big budget to be beautiful – just a bit of creativity and clever planning. Here are some easy ways to trim the costs without compromising on the vibe or the experience: 1. DIY Wherever It Makes Sense Think decorations, signage, wedding favours, photo backdrops, or even invitations. You’d be surprised how much you can create with a few craft supplies, a printer, and a scroll through Pinterest. Not only is DIY budget-friendly, it also adds a personal, handmade touch that makes your day feel even more special. 2. Choose an Off-Peak Date or Time Saturdays in summer are hot property – and pricey. Consider holding your event on a weekday, a Sunday, or even during the off-season (like autumn or winter). Venues and vendors often charge less outside of peak periods, and you’ll have more availability to choose from too. 3. Trim the Guest List This one’s tough, but important. Feeding 150 people costs a lot more than feeding 80. Keep the guest list to close friends and whānau – those who truly matter. It’ll make your celebration feel more intimate, and your budget will thank you. 4. Bundle Services for Better Deals Some vendors offer package deals – like a photographer who also does video, or a DJ who includes lighting and sound equipment. Booking multiple services through the same provider can often save you money (and hassle). 5. Repurpose and Reuse Use ceremony flowers again at the reception. Turn wedding bouquets into table centrepieces. Or use simple greenery and candles instead of expensive floral arrangements. Small swaps like these really add up! 7. Set (and Stick to) a Budget l Have a clear budget from the start, and track every dollar. It’s easy to get carried away with “just one more thing” – but having a spending plan helps you stay focused on what really matters. A simple spreadsheet or budget app can do wonders. 6. Go Digital Instead of printed invites, consider using free or low-cost digital invitation services like Paperless Post or Canva. They look great, save trees, and cut down postage costs too. Ready to Finance Your Wedding or Special Occasion? Whether it’s your wedding, 50th birthday, or a long-awaited family reunion, you deserve to celebrate it properly – and without the money stress.At Loansmart, we make it easy. With fast approvals, low rates, and expert advice, you’ll get the funds you need, when you need them, with a repayment plan that works for you.So, if you’re planning a wedding or big event, don’t wait until it’s too late. Apply today and get the smarter loan solution that puts you in control. Apply online in 2 minutes Get approved in as little as 1-2 hours* Choose from multiple low-cost lenders Celebrate your big day without the financial hangover Ready to get started?Apply Now!*Subject to responsible lending checks and criteria. Get a free loan assessment Try our Loan Calculator #### Spot & Stop “Vampire Appliances” to Shrink Your Winter Bills When winter hits and temperatures drop, unfortunately, your power bill does the opposite! We tend to use a lot more power in winter as we try to keep our homes – and ourselves – toasty and warm. Heaters, electric blankets, hot water cylinders, and longer nights with the lights on all play a part. But did you know there’s a hidden source of power drain in most homes that’s often overlooked? They’re called vampire appliances, and they could be chewing through your power without you even realising. Keep reading to learn more about vampire appliances, why they contribute to higher power usage, and what you can do to stop it. What Are Vampire Appliances? Vampire appliances, also known as standby power devices, are electronics and gadgets that continue to draw power even when they’re turned “off” or not in active use. These devices stay in standby mode, quietly sipping electricity day and night. That wasted energy can cost households hundreds of dollars a year, or up to 10 per cent of your total power usage,e according to some estimates. That’s money that could be much better spent elsewhere. Think about how many items you leave plugged in every day: your TV, modem, microwave, gaming console, coffee machine, and phone chargers. Even if the screen is off or you’re not actively using the appliance, if it’s plugged in, it’s probably still using electricity. It might not seem like much—maybe a few cents here and there—but over time, it adds up. Multiply that by dozens of appliances and months of use, and suddenly you’re paying a lot more than you need to. At Loansmart, we believe smart decisions add up to real savings. Whether you’re trying to stay on top of rising winter bills, cut back on everyday costs, or make room in your budget to pay off debt, this is one easy step you can take right now. Common Vampire Appliances in Kiwi Homes Not sure what to look out for? Here are some of the most common vampire appliances lurking in Kiwi households: Televisions – Especially those with standby lights Game consoles – Xbox and PlayStation consoles can stay active even when you think they’re off Microwaves – Use power to display the clock Coffee machines – Stay warm and ready unless unplugged Wi-Fi routers and modems – Always on, whether you’re using the internet or not Laptop and phone chargers – Draw power even when your device isn’t connected DVD/Blu-ray players and stereos – Many have lights or internal systems that stay on 24/7 Printers – Particularly the ones with displays and automatic standby functions This is not a definitive list – if you look around your home, you’ll probably find other examples of electronic devices that draw power even when you’re not using them. So, how can you find them? How to Spot Vampire Appliances You don’t need fancy gear to figure out what’s draining your power, but if you want to get technical, smart plugs and energy monitors can help. Here’s how you can start identifying the culprits: 1. Look for Lights Missing credit card, utility, or loan payments can seriously harm your credit score. To avoid this, consider setting up automatic payments or payment reminders. Remember that even one late payment can have a long-term negative impact. 2. Feel for Warmth If a device is warm to the touch when not in use—like a charger, printer, or speaker—it’s probably still drawing power. 3. Listen for Noise Appliances like modems and consoles often hum or click quietly when they’re supposedly off. That means they’re still working behind the scenes. 4. Use a Smart Plug or Monitor For a more detailed look, plug your device into a smart plug or power meter. You’ll get real-time feedback on how much power it’s using—even on standby. How to Stop the Drain The best way to stop vampire appliances from eating up your power is to cut them off at the source. Here are a few smart, simple strategies: Unplug It: This is the most effective way to stop standby power use. If you’re not using it, turn it off at the wall or pull the plug. Especially for appliances you don’t use daily—like the printer or the coffee machine. Use Switchable Multi-Plugs: Plug multiple devices into a power board with a switch. That way, you can turn them all off with one flick. Invest in Smart Plugs: Smart plugs let you control appliances remotely from your phone. You can set schedules or turn them off when you’re out of the house or asleep. How Much Can You Save? According to energy experts, vampire appliances can make up 5–10% of your electricity bill. In a typical Kiwi home, that could mean more than $100 per year. For larger households or tech-heavy homes, the number could be even higher. Need Extra Breathing Room This Winter? Sometimes, saving energy isn’t enough. If you’re dealing with rising costs, unexpected expenses, or just need to reset your finances, we’re here to help. At Loansmart, we make borrowing fast, easy, and affordable. Whether you need help with: Power bills Car repairs Debt consolidation Or just a bit of extra cash to get through the season We’ve got smarter solutions to suit your needs. Apply online in just 3 minutes, and you could be approved in as little as 1-2 hours*—with same day payout possible*. No stress. No paperwork. Just fair, fast, friendly service from a team that cares. Why Kiwis Choose Loansmart 100% Online – No hoop jumping required Rates from 9.95%* Borrow up to $75,000 unsecured* We compare lenders to find your best deal Fair terms and flexible repayments We say yes more often—even with bad credit *Subject to responsible lending checks and criteria. Get a free loan assessment Try our Loan Calculator #### Spotlight on Consolidate Loans and Credit Cards: The Smith Family Want to consolidate loans and credit cards? Learn from the Smith Family Welcome back to our Debt Consolidation series where we look at how four borrowers can make loan repayments more affordable. This week, we feature the Smiths, a married couple who rent and owe over $135,000 in personal loans. The Smiths are looking to consolidate loans and credit cards and borrow an extra $10,000. That sounds like a tall order. Let’s see how they get on.Inflation is really starting to bite into the paychecks of many families, reaching 7.3% – the highest it’s been since 1990 when it was at 7.6%. The average family has seen prices skyrocket and their paychecks shrink in comparison. A lot of companies base their pay increases on CPI, typically around 3%, but at 7%, some aren’t always keen to respond by raising wages at the same rate! So if your paycheck hasn’t moved with inflation, what are your options? Reduce expenditure or borrow?Well, if you’ve already been living frugally, there may not be much left to cut. Another way you can look at reducing expenses is with debt consolidation – more specifically, partial debt consolidation. Or you may want to look at a combination of both – borrowing more and consolidating high interest debts. In this article we’ll discuss how partial debt consolidation and a top-up can help you make ends meet during tough economic times like these.Too often we see families panic when they can’t afford to stay afloat, and it’s easy to understand why. When the bills are due, and you’ve got dependents to take care of, it can feel like applying for a loan is your only option. But that high-interest loan could end up costing you more in the long run. Current Reality The Smiths are one family who know this all too well—they took out seven personal loans ranging from $500 to over $45,000 each.In total, they owe $135,307.37 with the highest interest rate being 27.99%. To help fund some essential expenses, they need to borrow another $10,000. Desired Future The Smiths wanted to:1. Lower their repayments2. Reduce interest costs and3. Get a top up.Here’s how Loansmart helped them. Solution The Smiths already had one of their seven loans at a highly competitive rate of 13.79%. The interest rate you are offered depends on your financial situation: credit score, affordability and security. At this point in time, 15.95% was the best rate we could offer the Smiths based on their financial situation.It wouldn’t make sense to consolidate their lower interest loan into this rate, so we left that out. Instead we consolidated the higher interest loans ranging from 19.95% to 27.99%. Here is what we consolidated into the 15.95% loan:Q Mastercard: $12000 @ 26.69%Q Card: $6000 @ 27.99%Q Mastercard: $11400 @ 26.69%Finance Now: $500 19.95%But what about the extra cash they needed? Could we help them out with a top up too? Before lending additional funds to clients, we assess their ability to repay. In order to avoid putting them under additional stress, we need to ensure they can afford the extra borrowing. We were able to give the Smith’s a top up loan of $10,000.All of these loans with the top up were consolidated into a single $40,000 loan. The Smiths were really happy they got the extra cash they needed in the end, and we were thrilled we could help reduce their interest costs and lower their repayments. We paid off the loans directly on behalf of the Smiths, saving them time and helping to improve their credit score.They are paying this back over 5 years at just $268 per week. Key Takeaway The Smiths’ story shows us just how important it is for families who are dealing with overwhelming debt not to panic but instead take a careful assessment of their financial situation and come up with a plan for making their loan repayments more manageable.Otherwise they may find themselves facing greater financial hardship in the long-run. Next Up But what if your credit score is bad? Can you lower your repayments and qualify for a debt consolidation loan? Short answer – Yes! Next week we look at the King family.They have two children, own their own home and are married. They owe $50,000 in personal debt and want to borrow an extra $5,000 for home renovations.Will they be able to qualify with a less than stellar credit history? Get a Free Assessment #### Spotlight on Debt Consolidation: The King Family How debt consolidation can help even if you have a less than perfect credit score The King Family is like any other family—they have their ups and downs, but they always find ways to stay strong. Unfortunately, one of their recent challenges was their credit score taking a dip.But with the help of the Loansmart team, they were able to get a loan with affordable monthly payments for the home renovations they had been dreaming about. Let’s take a look at how we helped them. Current Reality The Kings are a married couple with two children who found themselves in a tough spot when it came to their credit score. With $50,000 in personal debt and $10,000 of that being at 28%, they were having trouble making all of their payments on time. Desired Future They wanted to do some home renovations but weren’t sure if they could get approved for the $5,000 loan they needed to make it happen due to their poor credit score. They also wanted to lower their repayments so they weren’t under so much pressure, and could improve their credit score in the long run. Solution That’s when they turned to the Loansmart team for help. We took the time to find out why their credit score was so low. It turns out that many people don’t realize that being late on bill payments can negatively impact their credit score and this is exactly what had happened with the King’s case – not just one or two bills but multiple missed payments had taken its toll on their rating.One of King’s loans was already on a pretty favourable interest rate of 12%, so naturally, we left that loan as is and instead focused on the rest. We wanted to focus on consolidating the higher-interest debts and stretching out their repayments, making them more manageable each month. We were able to offer them a $20,000 loan. We consolidated into their new loan their Q Card and Afterpay balances.They were left with over $5,000 to complete their renovations! Best of all, we were able to reduce repayments from $2000 a month down to $740 a month! With the extra money available after consolidation, they are able to set aside some funds for emergencies — or something special they desire! But most importantly, they are now able to pay their bills on time, which will help improve their credit score in the long run. Key Takeaways The King family story shows how even if you have been struggling financially in the past or currently have a less-than-stellar credit rating, it doesn’t mean you can’t make your dreams come true!With Loansmart’s personalised approach and dedication, even people with bad credit scores can find great solutions. Contact us today and let us show you how quickly things can turn around! Next Up The fourth and final in our series on Debt Consolidation. The Williams are determined to take control of their financial situation. They have $99,000 in separate loans and are looking for the perfect solution – one loan, one easy monthly payment, a better interest rate, and a top-up!But can Loansmart tick all their boxes? Of course! We’ll show you how we did it next week. Get a Free Assessment #### Spotlight on Debt Consolidation: The Williams Family How Secured Lending Helped the Williams Get Their Debt Under Control Loansmart is a Debt Consolidation Loan Broker. We help people take control of their finances with affordable loans, low interest loans.  Current Reality Meet the Williams, a married couple who rent with no children. Together they owed $99,000 in personal loans. Interest rates range from 20.95% through to 21.95%. They needed a new laptop but had no extra cash to pay for it, and their debt was costing them $700 a week to service. With very little room to save, they wanted to make their repayments more affordable so that they could start putting away some extra cash—without taking out another loan when something unexpected popped up like an appliance repair. On top of that they had five loan repayments to keep track of. Your credit score is negatively impacted by missed loan repayments. It’s much easier to keep track of just one loan repayment. Desired Future Mr and Mrs Williams had four goals: 1. Reduce their loan repayments, 2. Lower their interest rates, 3. Get a top up of $2200, and 4. Pay off all their existing loans. This seems like another tall order. How did Loansmart’s team deal with this one? Solution Loansmart moved the Williams from unsecured lending to secured lending by using their 2010 and 2015 cars as security. Due to this, they have been able to lower their payments significantly, from $700 a week to $500 a week. This allowed them to save over $800 a month! With extra cash, they can put aside money for emergency situations or to save for something special. The interest rate was reduced to 18.95%, saving between 2% and 3%. For a personal loan of this amount, it makes a real difference.All loans were repaid, which means they now only have to keep track of one repayment. Paying off existing loans can also help to improve credit scores.But did they get the extra cash they needed for the laptop? They sure did! By lowering their repayments, the Willams had the ability to borrow more.  Debt Consolidation Loan Broker Loansmart are debt consolidation loan brokers. We are also personal loan brokers. We work in your best interests to help you find fast, fair and affordable loans. Learn more about what an online loan broker does, and how we can help you.  Key Takeaways By working together with Loansmart, the Williams have managed to lower their interest rates from 20.95% – 21.95% down to 18.95%, and we have lowered their repayments by $200 a week which gives them much needed breathing room in terms of budgeting and savings goals! By helping the Williams with a better loan structure, and by lowering their repayments, it places less stress on their finances. If this couple’s situation sounds familiar to you, Loansmart is here to help you get back on track financially! Get a FREE loans assessment and see how we can help you start achieving your financial goals!PS – Want to know what the average debt consolidation amount is? Check out our handy infographic on Debt Consolidation By The Numbers.  Get a Free Assessment #### The Financial Habits Keeping You Stuck Published: 12th Aug 2026Last Updated: 12th Aug 2026Author: Murray Greig, Founder of Loansmart When people feel like they’re not getting ahead financially, it’s easy to assume the problem is income.While earning more money can certainly help, income isn’t always the reason people struggle to make progress. In many cases, it’s the financial habits that happen behind the scenes that have the biggest impact.Small decisions repeated over time can either move you closer to your goals or keep you stuck in the same financial position year after year.The good news is that many of these habits can be changed. Why Income Isn't Always the Problem Most people know someone who earns a good income but still seems to be under financial pressure.At the same time, there are people on more modest incomes who consistently save, manage debt effectively, and work towards their goals.This doesn’t mean income doesn’t matter. It does. However, financial progress is often determined by what happens after the money arrives in your account.The habits you build around spending, saving, and managing debt can have just as much influence on your financial future as your income itself. Not Having a Budget Many people avoid budgeting because they think it’s restrictive or complicated.In reality, a budget is simply a plan for your money.Without a plan, it’s easy for money to disappear without knowing exactly where it went. A budget helps you understand how much is coming in, how much is going out, and whether your spending aligns with your priorities.It doesn’t need to be perfect. Even a simple budget can provide valuable clarity and help you make more informed financial decisions. Ignoring Your Bank Statements Most people check their account balance regularly, but far fewer take the time to review their transactions.As a result, it’s easy for small expenses to slip under the radar.You may sign up for a trial offer that costs $1, only to discover months later that a subscription fee has been coming out of your account every month. You might have memberships, apps, streaming services, or other recurring payments that you rarely use but continue paying for.If you’re unsure where your money is going, reviewing your statements can be eye-opening.In fact, you can now download your bank statements and use tools such as ChatGPT to help identify recurring subscriptions and spending patterns that may be costing more than you realise. Forgetting About Subscriptions Subscription services have become part of everyday life.Streaming platforms, music services, cloud storage, apps, fitness memberships, gaming subscriptions, and premium memberships can all seem affordable individually.The challenge is that they rarely stay individual.Many people have multiple subscriptions leaving their account every month without knowing the total amount being spent.A simple subscription audit every few months can help identify services you no longer use and free up money for more important financial goals. Carrying Credit Card Balances Credit cards can be a useful financial tool when managed carefully.Problems often arise when balances are carried from month to month.Paying only the minimum repayment may seem manageable, but it can significantly increase the amount of interest paid over time and extend how long it takes to clear the debt.The longer debt remains outstanding, the harder it can become to build savings or work towards other financial goals. Using Buy Now, Pay Later for Everyday Purchases Buy now, pay later services can make purchases feel more affordable because the cost is spread over time.Used responsibly, they can be a convenient payment option.However, when BNPL is used for everyday expenses or multiple purchases at once, repayments can quickly start to overlap.What feels manageable as a single purchase can become difficult when several repayments are leaving your account at the same time. Not Saving for Emergencies Unexpected expenses are a normal part of life.Cars break down. Appliances fail. Medical costs arise. Travel plans change.Without an emergency fund, many people are forced to rely on credit cards, personal loans, or buy now, pay later services when these situations occur.Even a small emergency fund can provide valuable breathing room and reduce the need to take on additional debt when life throws a curveball. Living Pay Day to Pay Day Living pay day to pay day can happen at almost any income level.Often it’s not caused by one major expense but by a combination of habits, commitments, and spending patterns that leave little room for flexibility.The challenge is that when every dollar is already spoken for, even small unexpected expenses can create financial stress.Creating some financial breathing room, even gradually, can make a significant difference over time. The Danger of "I'll Deal With It Later" One of the most common financial habits is avoidance.It’s easy to ignore a growing credit card balance, put off reviewing expenses, or delay dealing with debt because it feels uncomfortable.Unfortunately, financial problems rarely improve by themselves.Small issues that could have been addressed early often become much larger challenges when left unchecked.Taking action early usually provides more options and less stress in the long run. Why Small Financial Leaks Matter Most financial pressure doesn’t come from one dramatic mistake.More often, it’s the result of small financial leaks that occur consistently over time.An unused subscription here. A few impulse purchases there. Interest charges on a credit card balance. Extra spending that goes unnoticed month after month.Individually, these expenses may seem minor. Collectively, they can have a significant impact on your financial position. The Importance of Financial Goals It’s much easier to make good financial decisions when you’re working towards something.Whether it’s building an emergency fund, buying a home, reducing debt, taking a holiday, or investing for the future, goals provide direction.Without goals, it’s easy to focus on short-term spending and lose sight of the bigger picture.Having clear financial goals can make it easier to stay motivated and make intentional decisions with your money. Building Better Financial Habits Improving your finances doesn’t require a complete overhaul overnight.Some of the most effective habits are also the simplest:Automate your savings.Review your expenses each month.Pay more than the minimum on debt whenever possible.Set spending limits for discretionary purchases.Review subscriptions regularly.Track your progress towards financial goals.Small actions repeated consistently often create the biggest long-term results. Small Changes Add Up Many people underestimate the impact of small financial improvements.Saving an extra $20 per week, cancelling unused subscriptions, reducing impulse purchases, or paying a little extra towards debt may not feel significant at the time.However, these small changes compound over months and years.The same principle that allows poor financial habits to create problems can also work in your favour when building positive ones. Breaking Free From Financial Stagnation Financial progress isn’t always about earning more money. Often, it’s about making better use of the money you already have.By identifying the habits that may be holding you back and replacing them with healthier financial behaviours, you can create more flexibility, reduce stress, and move closer to your goals.If multiple debts or repayments are making it difficult to get ahead, Loansmart can help you explore lending solutions that may simplify your finances and support your financial goals. Apply Online Now Try our Loan Calculator #### The Hidden Benefits of Quick Cash Loans in Tough Situations Published: 30th June, 2025Last Updated: 28 June, 2026Author: Murray Greig, Founder of LoansmartKey Takeaways: Quick Cash LoansQuick cash loans provide eligible New Zealand borrowers with access to funds for unexpected expenses.Loan approval is subject to responsible lending assessments and lender eligibility criteria.Funds may be available the same day, depending on the lender and the time the application is completed.What Is a Quick Cash Loan?A quick cash loan is a type of personal loan designed to provide eligible borrowers with fast access to money for unexpected expenses. In many cases, approved loans can be paid out on the same day or the next business day, depending on the lender’s assessment, banking processes, and the time the application is submitted.Quick cash loans are commonly used for emergency expenses such as vehicle repairs, medical costs, urgent household bills, or other unforeseen financial situations. Like all personal loans in New Zealand, approval is subject to responsible lending requirements and an assessment of the applicant’s ability to repay the loan.When life sends an unwelcome surprise your way—like an unexpected bill, emergency travel, or a broken-down car—you need a financial lifeline that won’t keep you waiting. That’s where quick cash loans come in. These types of loans are often misunderstood, but they actually offer a bunch of hidden benefits, especially when you’re under pressure.At Loansmart, we’re all about making smart, fast lending decisions that work for real people. So let’s dig into what makes quick loans such a helpful option when the going gets tough. 1. Speed: Because Life Doesn’t Wait Let’s be honest—when you need money, you usually need it now. Not in a week. Not after mountains of paperwork. Now! It’s important to find a lender who can get you sorted right away.With quick cash loans arranged through Loansmart, you can:Apply online in just 2 minutesGet approved in 1–2 hours*Receive funds the same day*It’s all about speed and convenience, so you can move on with your life without the added stress. And when you apply through Loansmart, we jump through the hoops so you don’t have to! 2. Online Loans Instant Approval: Apply Anytime, Anywhere If you’re searching for “online loans instant approval”, you’re not alone. Lots of Kiwis are looking to get lending immediately.But is it even possible to get instant approval?A truly “instant” loan doesn’t exist, at least not with any reputable lender. Good lenders want to do a few checks before they lend you money.But Loansmart gets pretty close! We get most loan applications approved within just 1-2 hours*, with same day payout possible*.With our fully online process, everything’s 100% digital and super easy:No scanning or uploading documentsNo printing, signing, or scanning back formsYou can do it all from your phone or laptopWhether you’re on your lunch break or stuck at home with a sick kid, you can apply on the go and get help—fast. 3. Flexibility When You Need It Most Not all financial emergencies look the same, which is why flexibility is key. Loansmart quick loans come with options for:Borrowing from $2,000 to $75,000 unsecured (or up to $150,000 secured)*Repayment terms that suit your budget, from 6 months to 84 monthsLoan types for everything from car repairs to consolidating debtAt Loansmart, we work with multiple lenders to find the smartest loan for your situation. One application gives you access to a heap of competitive offers. 4. Quick Cash Loans No Credit Check? Let’s Clear That Up There’s a common myth that “fast loans no credit check” means lenders just throw money at anyone. The truth is, any responsible lender—like Loansmart—will run a credit check. But here’s the good news:Having bad credit is not a deal breaker.We believe in second chances. If you’ve got regular income and can comfortably make your repayments, there’s a solid chance we can help you get approved. Our team looks at the full picture—not just your credit score.So while we do check credit, we also check in with you and your story. And that makes a big difference. 5. Better Than Using a Credit Card (Yes, Really) Feature Quick Cash Loan Credit Card Interest Rate Often lower Often higher Repayment Plan Set schedule Minimum payments can drag on Loan Purpose One-time need Ongoing, tempting to overspend Approval Process Quick and goal-focused Can be slower or stricter With Loansmart, your loan is tailored to your needs, not a revolving door of debt. 6. A More Personal Touch Most people don’t think “personal” when they think of finance. But Loansmart changes that.We listen. We understand your situation. We care. That means:No judgment if you’ve been declined elsewhereReal people helping you find a smarter solutionFairer fees, terms, and repayment plans that suit youThat’s what makes us different. We’re not a big bank or faceless website—we’re a local team helping Kiwis make better financial decisions every day. 7. Options That Open Doors One of the biggest hidden benefits of quick cash loans is the sheer number of options available to you—especially when you apply through Loansmart.Instead of applying to one lender and crossing your fingers, we:Compare offers from multiple lendersHelp you pick the best optionSave you time and moneyOur wide network means higher approval chances and more control over the final deal. And that’s smart lending. 8. Helping Kiwis With Bad Credit Rebuild Sometimes bad things happen to good people—missed payments, job losses, or just plain bad luck. And while banks might write you off, we see things differently.Loansmart can help you access:Bad Credit LoansSecond Chance LoansDebt Consolidation LoansYou’re more than your credit score. With the right support and a smart plan, a quick cash loan can be the first step towards rebuilding your financial health. 9. Peace of Mind in a Panic When you’re in a tough spot, knowing you’ve got a plan can change everything.With Loansmart, you get:A clear, straightforward processExpert advice that’s honest and helpfulFast results with zero pressureSometimes, just knowing that money’s sorted and help is on the way can lift a massive weight off your shoulders. And that peace of mind? It’s priceless. 10. It’s Easy (Because It Should Be) No one wants to wrestle with complicated forms or long hold times. That’s why we’ve made our whole process as easy as possible:2-minute applicationSame-day results*Professional support at every stepIt’s what we’re known for—fast loans with more options tailored to you. Quick Cash Doesn’t Mean Risky—It Means Ready When done right, quick cash loans aren’t risky—they’re responsible, reliable, and ridiculously useful in tough times. And with Loansmart, you’re not going it alone.So next time life hits you with the unexpected, remember: you don’t have to stress. You just need a smarter, faster loan from a team that cares.Need help now?Apply online with Loansmart in 2 minutes and get a same-day* decision. Let’s take the pressure off, together.Apply Now!*Subject to responsible lending checks and criteria. Apply Online Now Try our Loan Calculator #### The Hidden Triggers Behind Your Spending Habits Have you ever bought something and immediately wondered why?Maybe it was an online purchase you hadn’t planned for, an expensive takeaway after a long day, or an item that seemed essential at the moment but quickly lost its appeal.While we often think spending decisions are rational, they’re frequently influenced by triggers happening around us. In many cases, we’re not buying because we need something. We’re buying because of how we’re feeling or what’s happening in our environment.Understanding these spending triggers can help you make more intentional decisions and avoid purchases that don’t align with your financial goals. Stress Spending Stress is one of the most common spending triggers.When we’re feeling overwhelmed, worried, or under pressure, spending can provide a temporary sense of relief. Buying something new may feel like a reward or distraction from whatever is causing the stress.The problem is that the relief is often short-lived. Once the excitement of the purchase fades, the original problem is still there, along with less money in your bank account.This doesn’t mean every stress-related purchase is a mistake. However, recognising when stress is influencing your spending can help you pause and make more conscious decisions. Boredom Spending Many people shop simply because they’re bored.Years ago, shopping often required a trip into town. Today, online stores are available 24 hours a day, making it easy to browse whenever we have a spare moment.Scrolling through products can become a form of entertainment. The challenge is that browsing often turns into buying, especially when there is little else competing for our attention.If you regularly find yourself shopping without a specific purpose, boredom could be playing a bigger role in your spending habits than you realise. Reward Spending Have you ever told yourself, “I’ve earned it”?Reward spending happens when we use purchases to celebrate achievements, get through a difficult week, or treat ourselves after working hard.There’s nothing wrong with enjoying the money you’ve worked for. The problem arises when rewards become automatic or happen too frequently.A special treat after achieving a major goal is very different from regularly using shopping as a way to improve your mood. Understanding the difference can help keep spending in balance. Social Media and Influencer Culture Social media has changed the way we discover products.Whether it’s influencers promoting a new item, targeted advertising, or seeing friends share their latest purchases, we’re constantly exposed to things we didn’t know we wanted.The more often we see a product, the more familiar and appealing it can become. Over time, this can create a sense that we’re missing out if we don’t have it too.It’s important to remember that social media often shows the highlights of other people’s lives, not the full financial picture behind them. Peer Pressure and Keeping Up With Others Spending habits are often influenced by the people around us.Friends, family members, and work colleagues can all shape our expectations about what’s normal. Whether it’s dining out regularly, upgrading vehicles, taking overseas holidays, or buying the latest technology, it’s easy to feel pressure to keep up.The challenge is that everyone’s financial situation is different.What works comfortably for one person may place financial strain on someone else. Making spending decisions based on your own goals and circumstances is often far more valuable than trying to match someone else’s lifestyle. Identifying Your Personal Spending Triggers Everyone’s spending triggers are different.Some people spend when they’re stressed. Others spend when they’re bored, celebrating, or influenced by what they see online.A useful exercise is to look back at recent purchases and ask yourself:What was happening when I made this purchase?Was I solving a genuine need or responding to a feeling?Would I make the same decision again today?The answers may reveal patterns you haven’t noticed before. Once you understand your triggers, it becomes much easier to manage them. Taking Back Control Spending triggers affect everyone. The goal isn’t to avoid every emotional purchase or remove all enjoyment from spending. Instead, it’s about recognising the situations that influence your decisions and making sure those decisions align with your priorities. A little awareness can go a long way. The more you understand what drives your spending, the easier it becomes to stay focused on your financial goals and avoid unnecessary financial pressure in the future. If you’re already managing multiple debts or repayments, Loansmart can help you explore solutions that may simplify your finances and support your financial goals. By improving your cash flow, you may be able to build a savings buffer, reduce financial pressure, and still enjoy the occasional treat—provided it’s a conscious choice rather than a reaction to stress, boredom, or other spending triggers. In the next article, we’ll explore how retailers and marketers use psychology to encourage spending, and how recognising these tactics can help you make more informed purchasing decisions. What Type of Spender Are You? Take a moment to think about the following questions:1. When you’re feeling stressed, what are you most likely to do?A. Buy yourself something to feel better.B. Avoid spending altogether.C. Stick to your normal spending habits.2. How do you feel before making a larger purchase?A. Excited and eager.B. Anxious or guilty.C. Comfortable if I’ve planned for it.3. Which statement sounds most like you?A. “Life is short — enjoy it.”B. “I worry about spending money in case I need it later.”C. “I try to balance enjoying life with planning for the future.”4. How often do you regret purchases you’ve made?A. Often.B. Rarely, because I don’t buy much.C. Occasionally, but not frequently.5. If you received an unexpected $1,000, what would you do first?A. Treat myself or buy something I’ve wanted.B. Save all of it.C. Put some towards savings and some towards something I enjoy. Your Results Mostly A’s: You may be an emotional or impulsive spender. You enjoy the rewards that spending can bring, but it may be worth pausing occasionally to ensure purchases align with your long-term goals.Mostly B’s: You may experience a strong “pain of paying.” While being cautious with money can be a strength, it’s important to make sure fear or anxiety isn’t preventing you from spending on things that genuinely improve your quality of life.Mostly C’s: You appear to take a balanced approach to money. You understand the value of both enjoying your income today and planning for the future. Apply Online Now Try our Loan Calculator #### The Numbers Behind Debt Consolidation Do you have more than two loans? Are you having trouble meeting your repayments? If so, a debt consolidation loan could be a good option for you. A debt consolidation loan is where a lender takes multiple sources of debt including credit cards, and puts them all together in one easy to manage loan. You can make your loan repayments more affordable if you take out one single loan over a longer period rather than multiple short-term loans.  Multiple loans, credit cards, or repayments can make it easy to miss a payment and accumulate fees. It can also be difficult to keep track of all the different interest rates and fees associated with different loans. With a Debt Consolidation Loan, you can simplify your finances and ensure long-term repayment success. As trusted providers of Online Debt Consolidation Loans, we have helped Kiwi’s consolidate debts since 2008. Starting at 12.95% unsecured*, we offer customised rates with a simple online application process! Apply Now! #### The Numbers Behind Debt Consolidation 2023 $15000 Debt Consolidation Loan No Longer Most Popular Loansmarts latest figures on debt consolidation shows borrowing is up by $5,000. Last year the most popular consolidation loan amount was a $15000 debt consolidation loan. Nowadays, that’s not enough to consolidate debts and get a top-up. Currently, the average is $20,000. Is the cost of living crisis impacting your household? In our day-to-day conversations with people, we understand the impact of rising living costs on households. Loansmart has been helping many households make loan payments more affordable through debt consolidation. Our latest figures show that the average loan value is up $5,000, and the number of loans consolidated has increased from 2-5 to 3-7. The average debt consolidation loan though our team is now $20,000. People are needing to borrow more as the cost of living becomes more expensive. This indicates that families are feeling the pressure when it comes to money – and this is where Loansmart wants to step in and help. If you are feeling a strain on your finances, it is critical to act now. Consider all your options before things become unmanageable. Your credit score is gold when it comes to applying for loans, and so you want to protect that as much as possible. Many people don’t realise that it’s not just missing loan payments that can impact your credit score, but falling behind on power and internet bills too. The goal of debt consolidation is to make repayments more affordable, so households aren’t under so much pressure. If you need a bit more money and meet the affordability criteria, we can help. Sometimes you can save on loan costs too, and our team really looks out for our clients and tries to secure them the best rate possible. Feel free to read some of the heartfelt messages we have received on our Google review site to see the sincerity and commitment of our team. You can also check out our checklist on How To Choose A Debt Consolidation Loan, as benefits can vary between lenders. Get a Free Assessment #### The Pros and Cons of Debt Consolidation When it comes to personal finance, making the right decision for your situation is very important. Debt consolidation loans are a great way to lower your interest rate and save you money in the long run, but taking out any kind of loan is a big financial decision so it is important to weigh up the pros and cons. In this blog post, we will share 10 important factors to consider before you consider debt consolidation. What is debt consolidation? Debt consolidation is the process of combining all of your small, high-interest loans into one larger loan. The goal is to lower your monthly repayments, and possibly save on interest rates. This makes it easier for you to keep up with your payments and ultimately saves you money in the long run. The pros of debt consolidation If you’re struggling to keep up with multiple loan repayments each month, it can be a real relief to consolidate your debts into a single loan. This has several advantages:Monthly payments are more affordable. Loansmart customers save on average 40% a month off their repayments.If you qualify for a lower interest rate than what you’re currently paying, consolidating your debts could reduce the amount of interest you pay over time.All your existing debts are repaid which means if you make your repayments on time for your debt consolidation loan, your credit score will improve.Repaying all of your existing debts also means now you only need to keep track of one loan and its payments.Having a clear finish line in sight can also be motivating, as it gives you an exact deadline for becoming debt-free. The cons of debt consolidation Now, this all sounds great, but before you go out and apply for a debt consolidation loan it is also important to consider the potential drawbacks of taking out debt consolidation loan.Repaying your loans early may result in early settlement fees.You may also incur an establishment fee when you take out your new loan.It may be tempting to use the loan for something else instead of paying off your existing debts. That is, unless you choose a lender that settles your debts on your behalf.If you have credit cards that are repaid, you may be tempted to use them again unless you cancel them.Finally, taking out a debt consolidation loan will require another credit check, which will impact your credit score in the short term. Get a Free Assessment So, should I get a debt consolidation loan? So, what’s the verdict? Well, it depends on your priorities and your situation. If your goal is to make your loan repayments more affordable then a debt consolidation loan could be a great idea. Choosing a lender that will pay off your existing debts for you is crucial if you do not want to fall into the debt trap again. Otherwise, you will simply double your debt.It’s also vital you meet your repayments on time to built up your credit score, and ultimately pay off your loan completely.What to know more? Check our our latest article on How To Choose The Best Debt Consolidation Loan.  #### The Pros and Cons of Secured vs Unsecured Loans Published Date: 1st October, 2025Modified Date: 2nd February, 2026Author: Murray GreigKey Takeaway Secured loans use an asset as collateral and often suit borrowers with lower credit scores, offering lower interest rates and higher borrowing limits. Unsecured loans don’t require collateral but usually need a stronger credit score and come with higher interest rates. Secured vs Unsecured Loans: What’s the Difference? Secured vs unsecured loans differ based on whether an asset is used as collateral. A secured loan requires security, such as a vehicle or property, which can reduce lender risk and influence approval criteria and interest rates. An unsecured loan does not require collateral and is assessed primarily on credit history and affordability requirements in New Zealand.At Loansmart, both loan types are used to help borrowers with different financial situations, including those with limited or imperfect credit histories. Secured Loans A secured loan is backed by an asset you own, such as a vehicle or property. This asset acts as security for the lender and reduces the overall lending risk.Because the loan is supported by collateral, secured loans can often be an option for borrowers with low or average credit scores, provided they have a suitable asset and can afford the repayments.Key characteristics of secured loans:An asset is used as securityLower interest rates compared to unsecured loansHigher borrowing limits may be availableCredit score requirements are typically more flexibleThe lender may recover the asset if repayments aren’t metCommon uses: debt consolidation, larger purchases, refinancing, or borrowing when credit history is limited.Examples of common secured loans:Home loansSecured car loansSecured personal loans Unsecured Loans An unsecured loan does not require any asset as security. Approval is based mainly on your credit score, income, and overall financial position.Because there’s no collateral backing the loan, unsecured loans usually require a stronger credit profile and come with higher interest rates to reflect the increased risk.Key characteristics of unsecured loans:No asset required as securityFaster application and approval processHigher interest rates than secured loansLower borrowing limitsTypically requires a good to strong credit scoreCommon uses: short-term expenses, smaller loan amounts, or borrowing without risking assets.Examples of common unsecured loans:Credit cardsUnsecured personal loansSmall cash loans Pros and Cons of Secured Loans Pros Lower Interest Rates: Because lenders have your asset as a backup, they usually offer better interest rates. That means you’ll likely pay less over time.Bigger Borrowing Amounts: Need a larger loan? Secured loans let you borrow more (up to $150,000 with Loansmart), which is great for things like home renovations or buying a vehicle.Longer Repayment Terms: You can often spread out repayments over a longer period, making monthly payments more manageable.Higher Approval Rates: Even if your credit score isn’t amazing, using an asset can boost your chances of getting approved. Cons You Could Lose Your Asset: This is the big one. If something happens and you can’t keep up with repayments, you risk losing the item you’ve secured the loan with—like your car or house.Longer Approval Times: Secured loans can take a bit more time to process since the lender has to value the asset and do some extra checks. Pros and Cons of Unsecured Loans Pros No Asset Required: You don’t have to put anything on the line, which takes a bit of the pressure off.Faster Process: Unsecured loans are usually quicker to apply for and get approved—especially with lenders like Loansmart that focus on fast approvals and same-day payouts*.Flexible Use: You can use an unsecured loan for anything—travel, bills, debt consolidation, or emergencies. Cons Higher Interest Rates: Since there’s no security for the lender, you might face slightly higher interest rates compared to a secured loan.Lower Borrowing Limits: Because the risk is higher, you won’t usually be able to borrow as much as you would with a secured loan.Credit Score Matters More: Approval and interest rates rely heavily on your credit score and financial history. Secured vs Unsecured Loans: So, Which One Is Right for You? Here’s a quick guide to help you decide: Your Situation Best Option Need a large loan Secured Loan Don’t have assets to secure a loan Unsecured Loan Want lower interest rates Secured Loan Need cash fast Unsecured Loan Have a solid credit score Unsecured Loan Need a longer-term repayment plan Secured Loan Which Loan Type Is Right for You?A secured loan may be suitable if you:Have a low or average credit scoreOwn a vehicle or property you can use as securityNeed to borrow a larger amountWant lower interest ratesAn unsecured loan may be suitable if you:Have a strong credit scoreWant a faster approval processPrefer not to use an asset as securityOnly need a smaller loan amountChoosing between a secured and unsecured loan depends on your financial situation, credit profile, and borrowing goals — not just interest rates.At Loansmart, we offer both secured and unsecured loans with flexible options to suit your needs. Whether you’re borrowing a little or a lot, we can help find a smart loan option with repayments that work for you. Why Choose Loansmart? We’re not just here to hand you a loan and disappear. We offer a smarter way to borrow:Apply online in just 2 minutesGet approved in as little as 1-2 hours*Same-day payment available*Borrow up to $75,000 unsecured* or up to $150,000 secured*Flexible repayment terms from 6 to 84 monthsWe also don’t make you jump through hoops. No tiresome paperwork. No scanning documents. Just a fast, easy, 100% online process.If your credit isn’t perfect, don’t stress—we may still be able to help. Our expert team works with a network of trusted, low-cost lenders to find the best loan option for your situation.Ready to get started? Apply online now or chat with our friendly team.*Subject to responsible lending checks and criteria. Secured vs Unsecured Loans: FAQ's Are secured loans hard to get? Not really – especially if you have something of value to use as security, like a car or home. At Loansmart, we’ve got high approval rates and can help you find the best deal based on your situation. What do you need to qualify for a secured loan? The exact requirements to get a secured loan can vary depending on the lender, but generally you need to have an asset to use as security (like a car or property), and a steady income. Will you do a credit check when I apply for a secured loan? Yes, a credit check is part of our process as a responsible lender. This applies to unsecured loans, too. But don’t panic – even if your credit isn’t perfect, you might still qualify. At Loansmart, we work with a bunch of lenders, which gives you more options and better chances of approval. How long does it take for a secured loan to be approved? It can take a bit longer than an unsecured loan because there are a few more steps in the process, but it’s still pretty quick! It may even be the same day you apply if you contact us early enough in the day. It all depends on how much you want to borrow and what type of asset you’re using as security. Can I use an unsecured loan for anything? Yep! That’s the beauty of unsecured loans. You can use the money for travel, car repairs, debt consolidation, home upgrades, weddings – whatever you need. There are no strings attached to how you spend it. What interest rate can I get on an unsecured loan? Our unsecured loans start from 9.95%* – which is super competitive. The exact rate you get will depend on a few things like your credit history, income, and how much you want to borrow. But don’t worry – we’ll shop around to get you the best deal possible from our network of low-cost lenders. Apply Online Now Try our Loan Calculator #### The Real Cost of Being Late: How Small Fees Add Up to Big Losses Late fees can feel like minor inconveniences — $10 here, $25 there — but over a year, those small slips can quietly drain hundreds of dollars from the average Kiwi household.Whether it’s a forgotten bill, a bounced direct debit, or an overdue WOF, these “hidden costs” hit hardest when budgets are already stretched. Loansmart looked across common household expenses in Auckland to see how quickly those missed due dates can add up — and how to stay ahead of them. Council Rates Under New Zealand’s Local Government (Rating) Act 2002, councils can apply a penalty of up to 10 per cent on any overdue rates instalment.For context, the average Auckland household pays around $4,069 per year, split into four quarterly payments of roughly $1,017 each.Missing just one instalment could cost an extra $101 in penalties — and missing all four could see more than $400 added to your annual bill. Water Bills Water charges differ widely across regions. Some councils or water providers apply $5–$15 late-payment fees or 1–2 percent monthly interest on overdue balances, while others — such as Auckland’s Watercare — currently charge no late fees at all. Power and Gas Energy retailers have their own late-fee structures:Flat $8 – $25 late-payment fees are common.Some charge 1 – 2 per cent interest per month on overdue balances.It’s easy to miss a due date during busy months, but these charges can add up fast — and in some cases overdue accounts can affect your credit report. Setting automatic payments for your energy bills is the simplest safeguard. Internet and Phone Telecommunications companies also penalise late or missed payments:Late-payment fees: typically $10 – $20Reconnection fees: about $15 – $25 if service is suspendedEven a few missed payments a year could mean $50 – $75 in extra costs — avoidable with reminders or direct debit. Bank Dishonour Fees If a scheduled payment or direct debit bounces, banks charge a dishonour fee each time it fails.Most banks charge $5 – $15, though some are as high as $25.Two missed payments a month could cost $30 – $50, plus any overdraft interest.Aligning payment dates with your pay cycle and keeping a small buffer in your account helps avoid these unnecessary hits. Vehicle Registration and WOF Waka Kotahi NZ Transport Agency doesn’t issue late fees directly — but driving with an expired registration or warrant of fitness carries instant fines of $200 each.Miss both, and that’s $400 in penalties — more than the annual cost of keeping them current. Setting a renewal reminder is far cheaper than risking an infringement. High Interest Loans While late fees can sting, another hidden cost comes from paying more interest on existing loans than necessary.Many New Zealanders continue paying high rates or multiple loan repayments without realising they could be saving hundreds — sometimes thousands — each month simply by restructuring.At Loansmart, we’ve seen clients reduce repayments by $100 to $400 per week through smarter consolidation and better loan structures. Over a year, that can mean $5,000 to $20,000 in savings, not counting the stress relief that comes with having one clear repayment instead of several.You can read real examples of how borrowers have improved their financial position in our Borrower Success Stories. Each story shows how strategic restructuring — not borrowing more — helped clients save money, regain control, and move forward with confidence. How It All Adds Up Client Typical Fee Times Late Annual Cost Power / Gas $15 4 $60 Phone / Internet $18 3 $54 Council Rates 10 % of $5,000 1 $500 Credit / BNPL $10 4 $40 Bank Dishonours $15 3 $45 Water $10 2 $20 Vehicle (WOF / Rego Fines) $200 1 $200 Total Estimated Annual Cost ≈ $900 – $1,000 per household That’s a month’s worth of groceries, several loan repayments, or a healthy boost to savings — gone simply because of missed due dates. The Takeaway Late fees don’t just dent your wallet — they erode your financial breathing room. One or two missed payments may not seem like much, but across a full year, the total can climb into the hundreds.If you’re feeling squeezed by rising living costs, it may be worth reviewing your bills and loan structures. Even small adjustments — like aligning due dates or consolidating repayments — can make a major difference to your bottom line. Be Smarter With Money Loansmart is committed to helping Kiwis make smarter financial decisions.We’ve built a dedicated online resource hub — Be Better With Money: Tips & Strategies — where you’ll find practical guides on budgeting, debt management, and responsible borrowing.If you’re finding it hard to keep up with multiple repayments or want to see how much you could save through smarter structuring, talk to our team.Our advisers will assess your situation for free and help you explore options that reduce costs, improve cash flow, and set you up for long-term success.Start your free loan assessment here. Apply Online Now Try our Loan Calculator #### The Small Purchase Trap: Where Your Money Really Goes Published: 16 July 2026Last Updated: 16 July 2026Author: Murray Greig, Founder of Loansmart Most people know exactly how much they spend on rent, mortgage payments, or vehicle repayments. What often goes unnoticed are the smaller purchases made throughout the week. A coffee on the way to work, a few extra items at the supermarket, a streaming subscription, a takeaway dinner after a busy day. Individually, these expenses may seem insignificant, but over time they can add up. This is known as the small purchase trap. It’s not about one expensive purchase. It’s about the collection of small spending decisions that gradually become part of everyday life. Understanding where your money goes is one of the simplest ways to improve your financial wellbeing. Why Small Purchases Feel Harmless Most small purchases don’t trigger the same level of thought as larger expenses. Spending $1,500 on a new appliance usually requires consideration. Spending $10 often doesn’t. Because the amounts seem relatively minor, it’s easy to justify them in the moment. The challenge is that these purchases rarely happen in isolation. They become habits that repeat day after day and week after week. Over time, the total can be much larger than expected. The Convenience Factor Modern life is built around convenience. Food delivery apps, contactless payments, online shopping, subscription services, and buy now, pay later options make spending incredibly easy. Convenience saves time, and sometimes it’s worth paying for. The problem occurs when convenience spending becomes automatic rather than intentional. A few extra dollars here and there may not seem like much, but repeated often enough, convenience can come at a significant cost. The Subscription Effect Subscriptions are one of the easiest expenses to forget about. Streaming services, music platforms, cloud storage, apps, gaming subscriptions, gym memberships, and premium memberships can quietly accumulate over time. Many people continue paying for services they rarely use simply because the payments happen automatically. Reviewing your subscriptions every few months can be a simple way to identify spending that no longer provides value. It's Not Just Coffee Financial advice often focuses on daily coffees, but the reality is much broader than that. Small purchases can include: Takeaways and food delivery Convenience store purchases Online impulse buys  Unused subscriptions Extra items added to a shopping trolley Small buy now, pay later purchases The issue isn’t any single purchase. It’s the combined effect of many small decisions over time. Where Lifestyle Habits Begin Small purchases can also create larger spending habits. What starts as an occasional treat can gradually become part of a normal routine. Before long, spending that once felt special becomes an expectation. This is often how lifestyle habits develop. Spending slowly increases without us consciously noticing the change. Over time, this can make it harder to save, reduce debt, or work towards larger financial goals. Understanding Your Spending Patterns One of the most effective ways to identify financial leaks is to review your recent transactions. Take a look at your last month of spending and ask yourself: Which purchases brought genuine value? Which purchases were made out of habit? Which expenses surprised you when you saw the total? Many people discover they’re spending more in certain areas than they realised. Awareness isn’t about guilt. It’s about understanding where your money is going so you can make informed decisions about where you’d like it to go in the future. Small Changes Can Make a Big Difference Improving your finances doesn’t always require major sacrifices. Often, small adjustments made consistently can have a meaningful impact over time. Cancelling unused subscriptions, planning meals ahead of time, reducing impulse purchases, or simply being more aware of spending habits can all help improve cash flow. The goal isn’t to eliminate every small enjoyment. It’s to make sure your spending reflects your priorities. Daily/Regular Habit Cost Annual Total Takeaway coffee (5x/week) $6 $1,560 Lunch bought at work (3x/week) $18 $2,808 Food delivery (1x/week) $35 $1,820 Three streaming services $55/month $660 Daily energy drink (5x/week) $5 $1,300 Extra supermarket items not on the shopping list $40/week $2,080 Impulse purchases that weren't planned $30/week $1,560 Short car trips that could have been walked (fuel only) $15/week $780 None of these expenses are necessarily bad. The point is that recurring purchases often feel insignificant in the moment but can add up to thousands of dollars over the course of a year. When several habits occur at the same time, the impact on your cash flow can be surprisingly significant. If multiple repayments or existing debts are making it difficult to get ahead financially, Loansmart can help you explore options such as debt consolidation to simplify your finances. In the next article, we’ll explore lifestyle creep and why earning more money doesn’t always mean having more money. Apply Online Now Try our Loan Calculator #### The Ultimate Guide to Debt Consolidation Are you currently paying off more than one loan? Are you struggling to meet your repayments? Are you overwhelmed by credit card debt? Are your lending costs increasing? Are you seeking solutions to reduce it? Do you find it hard to keep track of all your repayments? Would you like to pay off expensive debts more affordably? If you answered yes to any of these questions, then you may want to consider a debt consolidation loan. Consolidation loans simplify your finances and make debt repayment more affordable. Yet debt consolidation loan services alone cannot solve all your financial problems. To improve your financial situation, in the long run, you may need to make some lifestyle changes. Our goal in this guide is to show you how you can both 1. reduce your debt and 2. improve your finances over time. Our lending experts explain some simple tips that will help you improve your credit score and lending profile. By following these tips, you can get a better loan interest rate in the future, increase your chances of getting a loan, and pay off your debt faster. Relax with your favourite drink and begin reading! Will a debt consolidation loan help me? The primary goal with debt consolidation is to make repayments easier, but the secondary goal – and this is what matters most – is to pay off the loan. Paying off your loan may mean you need to make some lifestyle changes. Especially if you’ve had to top up your loans often, as this is a clear sign that you’re living beyond your means. What’s your story? It is important to understand your current situation and how you reached that point. Next, we can set up a plan to help you achieve your financial goals. How Much Do You Owe? Many people do not know the answer to this question off the top of their heads – but they should! The first thing you should do is review all your loans. The more you have, the harder it is to keep track of them. Are you surprised when your card is declined at the checkout because you forgot your loan payment came out the night before? If so, you’re clearly having trouble keeping track of your outgoings! With a debt consolidation loan you only have to remember one payment each month, and if you time it to when you get paid, you will know exactly how much you have left over for the rest of the month. Will You Save Anything?If you have a home loan, you may be able to bundle your loans with your mortgage, so that your interest rate is the same as that of your mortgage. In order to do this, you need sufficient equity, and if a new loan agreement is required, you may incur additional fees, including legal fees.However, if your home loan is about to expire, then you should speak with your bank. Consolidating credit card, car, and personal loan debt with your mortgage will undoubtedly save you a lot of money.The problem is that not everyone owns a home or has the space to add debt to it, so a debt consolidation loan from a low-cost lender is a great alternative. Use this calculator to list all your debts, how much you owe on each one and how much you pay each month. To be sure you don’t miss any, go back through the last month’s bank statements! Debt Consolidation Calculator With a debt consolidation calculator, you can see at a glance what your loan repayments will be if you spread them out over 1 – 5 years.On average, what’s the average amount saved on a debt consolidation loan?An analysis of debt consolidation loans by New Zealand company Loansmart found the following:The average Debt Consolidation loan is $15,000, with the smallest being $2,000 and the largest being $100,000.Most people consolidate between 2 -5 loans, with the smallest being two and the largest being 12.The average amount saved on monthly repayments is around 40% What Loan Term is Most Affordable for You? Ensure you’re comfortable, but not too comfortable – the main goal is to pay off the loan faster. Giving yourself enough wriggle room for savings (so that you won’t have to borrow any more money) while keeping your repayment amounts high enough to pay off your debt faster – that’s a perfect balance. You can also use your savings to make additional repayments and pay your loan off even sooner! Debt consolidation loan calculators will give you an indication of what your repayments will be, but your actual repayments depend on your loan interest rate. Your personalised interest rate is determined by your credit score, which brings me to my next point. What’s Your Credit Score? If you aren’t sure, you should find out! Obtain a copy to see what’s inside. Some clients are surprised to find negative information on their report that shouldn’t be there. They are unaware of this until they apply for a loan and a lender tells them. Check your credit report before you apply for a debt consolidation loan. If you don’t correct inaccurate information on your credit report, you may be unfairly penalized! Check out this article on why you should check your credit report. Along with knowing how to check it, you’ll also learn what to do if you find incorrect data. Do Your Research Before Applying For A Debt Consolidation Loan Be very careful about who you apply to. Too many loan applications can negatively impact your credit score. You may be perceived as living beyond your means because of excessive loan applications. For this reason, you want to apply with a company that is fair, affordable, and highly regarded. Additionally, it would be best if there was a good chance of them saying yes since a declined application will also affect your credit score! Look for social proof – what are other people saying about them? Independent third party websites like GMB are a great way to find out about a Loan Company. Take time to read comments – how are they rated for helpfulness, communication, solutions, interest rates, loan costs? Make sure you’re applying to a low-cost provider. High-cost lenders charge more than 50% per annum, but often only advertise daily rates so they can be quite deceiving! Instead of applying directly for an online loan, give the company a call first. Talk to them over the phone, and see what solutions they can provide before filling out an application. If you’re comfortable with their current interest rates, loan terms and fairly confident you’ll be accepted (pending a credit report and review of your bank statements first), then apply. Understand Why You Have Multiple Loans Now we come to the most interesting part of the guide, discovering why you have so many loans. You may never be able to pay off your debt if you don’t understand why you ended up with so many. Does your income not cover your living expenses, or do you spend impulsively? Perhaps you’re overspending on food, transportation, and entertainment. Many people say… “I don’t spend much on clothes; I rarely go out; or I only buy items on sale at the supermarket so my food bill doesn’t seem too high”, but upon digging deeper into their expenses, it turns out that realities are quite different from perceptions. On average, people with plastic debt owe $3,776.17. Credit card payments rank as the leading cause of stress for 17% of those with plastic debt. According to a Finder Google survey of 1,002 New Zealanders aged 18 and older, the main reason they haven’t repaid their credit card balance is that they are bad with budgeting or lack savings (21%). Following this pattern are large one-time purchases (19%) and giving in to impulse purchases (16%). What’s your story? Do you shop on impulse? Is it hard for you to refuse one-day specials and other offers? Or are your core expenses like housing, transport and utilities too high for your income level? Are you bad with budgeting? Read on to find out! Where do your spending habits rank compared to others? Finding out where you rank in relation to other people is one of the best ways to know if you’re spending too much.For the year ended 30 June 2019, Statistics NZ reports that the average weekly expenditure for New Zealand households was $1,349. The largest average weekly household expenditures were for households of five or more people ($1,854) and four persons ($1,781).That amount today will be significantly higher due to rising rent, food, fuel, and power costs. At 24.8 per cent of gross average weekly household expenditures, housing and household utilities remain the largest expenditure group ($344). Followed by food at 16.8% ($234) and transport at 15.5% ($216). In order to increase discretionary income, the easiest thing to do is focus on the expenses that dominate your weekly budget. More than half of your expenses are accounted for by housing, utilities, food, and transportation. Saving just 5% off your budget will give you an additional 5% in discretionary income!How do your expenses compare to similar households of your size? Could you save some money? The New Zealand Government’s Cost of Living Calculator is a very interesting tool. Not only can you see where you compare to other households, but you can also play around with the scale and adjust your expenses to see how much you could add to your discretionary income.Take the test. Find out how your expenses compare to the similar households of your size? Cost of Living Calculator Where are you exceeding the average for your household size? Make THREE lifestyle changes to reduce your expenses. Consider your three largest expenses, For most people, these are Housing and Utilities, Food and Transport. Knowing where your money is going is the first step to paying off your debt. If you randomly pick up coffees and takeaways or make multiple trips to the supermarket, it’s easy to lose track. Examine your bank statements carefully. Because when you apply for a loan that is exactly what a loan company will do! They’ll be looking at your income vs your expenses to see what’s left. They’ll then determine if what is left is enough to service debt. Car expenses – pay attention to how often you use your car, is every trip really necessary? Do you use coupons and purchase fuel at the cheapest place possible? Get the app Gaspy on your phone. The app shows you where the cheapest fuel is in your area. Filling up where it’s cheapest can save a lot of money on fuel. Power expenses – There are many ways to lower your power bill. Use websites like Power Switch to see if you’re getting the best deal possible. There are many tips for conserving power, and again the first step is to understand where you are using it most. Social expenses – These are often the hardest to manage, as once you’re out with friends it’s hard to say no to extra drinks. Limit nights out to once a fortnight, or better still once a month! A night out can easily end up costing $100 once you factor in transport, food, drinks and entry to clubs and events. Food expenses – How does your food bill compare to the average household. To reduce your bills, you may need to change your shopping and eating habits. If you want to cut food costs, meal planning, shopping online (so you don’t get sucked into impulse purchases), and taking your lunch are all-important behaviour changes. If you are someone who runs to the supermarket at the end of the day when you are hungry, you are likely buying food you shouldn’t and buying processed foods that are quick and easy to prepare. Neither is good for your health or your budget! Three for Three Hone in on THREE expenses for THREE months If you know your situation could be improved, then improve it! Make THREE lifestyle changes for THREE months to get your expenses under control. Lenders will assess the last three months of your bank statements when you apply for a loan. Get your books in order first! That way you’re more likely to be approved, and to be given a good interest rate. An added benefit is that it takes 12 weeks to change a habit, so those extra bottles of wine in the supermarket trolley or impulse buys from Grab One will be far easier to resist after three months! There are many reasons why kiwi’s get into debt trouble. Awareness is the first step toward change. Know what spending habits have led to you needing to borrow money. It might feel uncomfortable at first, but once you shed light on your spending, you’ll be in a better position to manage it. What are the three expenses you’ll focus on? Set a goal for how much you can save each week, and use that money to put towards extra repayments. Key Consolidation Loan Takeaways A debt consolidation loan is where a lender takes multiple sources of debt including credit cards and puts them all together in one easy to manage loan. By having one single loan over a longer period, instead of multiple short term loans, you can make your loan repayments more affordable. When you have multiple loans, credit cards or repayments to keep track of it can be easy to miss a payment and rack up fees. It can also be a nightmare to keep track of all the different interest rates and fees that vary from loan to loan. A combined loan simplifies your finances and ensures you’re set up for repayment success. Consolidated Loans can be great for managing debt, but to be successful they depend on three factors: A manageable debt amount, A good credit score so you get a lower interest rate, and Controlled expenses, so you can demonstrate discretionary income. FAQ's How do debt consolidation loans work? When you take out a Debt Consolidation Loan all your pre-existing debts are paid off in full and then simplified into one monthly payment. This helps you pay your debt off faster and reduce financial stress. We even time your loan payments with the day you get paid so you’re less likely to miss your monthly repayments. Make sure you’re not paying more than you need too. Try our Debt Consolidation Calculator to work out how much you could potentially save with a Debt Consolidation Loan. What types of debts can be consolidated? Existing credit card debts Existing loans Cash loans Car repayments Buy-now-pay-later balances Overdue bills and fines Hire purchases Can a debt consolidation loan improve my credit score? With a consolidation loan, you can improve your credit score by setting yourself up for repayment success. Your credit score can be improved by paying off your existing debts. Don’t Miss Any Payments Paying your bills on time is the best way to improve your credit history. With a Debt Consolidation Loan, you can ensure that all of your existing debts are paid on time with one weekly, fortnightly or monthly payment. Time your payments to when you get paid. Ensure that all future utility, gas, internet, and rent payments are made on time as well. Cancel Your Credit Cards A debt consolidation loan will pay off your credit card debt in full, so all of your credit cards will have a zero balance. It is a good time for you to retire your credit cards and to lower your credit limit. If you want to keep one credit card for unexpected expenses, just make sure you only spend what you can afford to pay back in monthly costs to avoid paying interest. Start An Emergency Fund You can be financially prepared if you have an savings account specifically for emergencies. As a result, you’re less likely to rely on credit cards or loans in the future. By consolidating your debts, you can potentially build up some savings. Additionally, you can use it to make an extra loan payment or two. We also recommend the following online resources: Sorted: How Credit History and Scores Work Consumer Protection: How credit scores work, the impact of bad credit, and how to improve your score Can I get a credit consolidation loan if I have a bad credit score? If we know the circumstances, we can usually help. In most cases, we can still help or we may need additional security. A bad credit debt consolidation loan is specifically designed for people with bad credit histories. Bad credit isn’t a barrier to us because we believe everyone deserves a second chance. Before we make a loan decision, we take the time to learn about your personal circumstances and current financial situation. There’s a good chance we may be able to help you consolidate your debts into one affordable, low-cost loan because our eligibility criteria isn’t as strict as banks. Can I get some cash at the same time? In most cases we can get some cash for you also; it all depends on your affordability. Get A Free Loan Assessment Give us a call or fill in an application form. In just 10 minutes and with a few quick questions our friendly team can give you a good indication of how much you could save. Applying for a Loansmart Debt Consolidation Loan online is a simple process and we take care of everything for you, including sourcing your bank statements so you don’t have to. Get a fairer deal, faster from a team that cares It costs nothing to give us a call. In around 10 minutes you’ll have a good idea of your debt consolidation options and what we can achieve for you. Get a Free Assessment #### The Ultimate Guide To Short Term Loans Short-term loans are a lending option for people who need a bit of cash in a hurry.This form of lending is controversial due to its risks, but it remains an attractive solution for some people.If you need cash quickly and are considering borrowing from a lender that only allows up to 6 weeks to repay, make sure you understand the potential drawbacks first.There are other options that will likely leave you in a better financial position.It’s a good idea to weigh all of the options available to you before deciding on one.Keep reading to learn about what short-term loans are, why they can be problematic, and what to consider instead. What is a short-term loan? A short-term loan is when you borrow money for a relatively brief period of time, and often for a small amount (usually less than $1000).Short-term loans are designed to be repaid within a few weeks, or when the borrower next gets paid.If you actually pay back the loan within a few weeks, the amount of money you pay in interest is manageable.However, a short-term loan can quickly become a monkey on your back because the longer you take to pay it off, the more interest you pay (more on interest rates later). If money’s already tight, avoid short-term loans If you’re looking for a short-term loan, then you may already be struggling to make ends meet.The truth is, that a short-term loan could make your financial situation much worse if you don’t pay off the loan within a few weeks.When you go beyond the initial loan period – usually a few weeks – the amount of interest you pay goes up significantly.Then you’re stuck in a debt cycle where you can’t pay your bills because of the high cost of debts you have to service, forcing you even further into debt.This is a terrible situation that no one wants to be in, but it’s a reality for many people who take out a short-term loan.Before you go down this track, have a chat with the team at Loansmart.Loansmart holds a Financial Advice Provider Licence issued by the Financial Markets Authority. We can quickly assess your financial situation and give you options that are in your best interest.Learn more about why Loansmart is the smarter choice for people searching for short-term loansLearn more about why Loansmart is the smarter choice for people searching for short-term loans below. Lear more about Why choose Loansmart Getting the best advice When you take out a loan, it’s important that you can trust your lender.You want to make sure the loan you’re taking out is in your best interest, not simply lining the pockets of the lender or loan broker.So, how do you know that they’re acting in your best interest?Choose one who’s a member of the Financial Services Federation (FSF).Loansmart is, and our membership demonstrates our commitment to responsible lending practices.Our practices adhere to the strict guidelines set out in the FSF Code of Conduct, meaning we must keep our clients’ best interests at heart. Lear more about responsible lending practices The lowdown on interest rates To understand exactly why short-term loans can cause problems for borrowers, we have to talk about interest rates.Interest is essentially a fee charged by a lender for borrowing their money. It’s charged as a percentage of the amount you borrow.For example, a typical interest rate for someone with a good credit history might be 12.95% per year.So, on a $500 loan, you’d pay just under $65 in interest if you paid it off over 12 months.A typical short-term loan is 50% interest or more. These are considered “high-cost” loans.With short-term loans, interest is usually charged by the day, because they’re designed to be for very brief loan periods.The daily interest rate is usually 0.25% to 0.80%, which may not seem like much, but it quickly adds up the longer it takes for you to pay back the loan.For example, on a $500 loan you’d pay almost $20 in interest over a four-week term – plus an establishment fee, which is typical of most lenders.However, if you took 12 months to pay it back, you’re looking at about $250 in interest, not including the penalties the lender would be charging you because you’re late with your payments.To summarise, short-term loans come with high-interest rates. That’s fine if you’re actually going to pay back the loan in a few weeks, but if it takes longer, you’ll be slammed with massive costs that make it very difficult to pay back the loan, leaving you in a terrible financial situation. New rules limiting bad lending practices There used to be many more short-term lenders in the New Zealand market than there are now.This is because new laws targeting predatory lending practices were introduced in 2021.The new rules cap the amount of interest and fees that can be charged on a loan at no more than 100%, and compound interest cannot be charged on high-cost loans.As responsible lenders – and members of the Financial Services Federation – Loansmart supports this move that protects people under financial stress.Being an FSF member means Loansmart helps you make decisions that are in your best financial interest.Some lenders – including high-cost lenders – are motivated by how much profit they can make off your loan.Loansmart supports our clients through difficult times by arranging smarter loans that work for them. There is a need for emergency loans While we believe short-term loans should be an absolute last resort, Loansmart provides emergency loans for people who need money urgently.Sometimes things come up that you need cash for very quickly. If you find yourself in that situation, get in touch with the caring team at Loansmart. Our tagline says it all: smarter loans >> faster. We make it so easy! We jump through hoops so you don’t have to.Simply complete our 3-minute online application form and we’ll get in touch to get some more info from you.We’ll then put your loan application in front of 11 different lenders so you can choose the deal that’s best for you.We work hard to get you a fair deal, offering smart solutions that meet your needs. Why choose Loansmart Loansmart is the smart choice when you need a fast solution. Even if you need a small amount of cash quickly, give us a go.If you have bad credit, that’s not a dead end for us: we specialise in finding smart solutions for people in tricky financial situations.Our loan amounts start at just $2,000 and our minimum payment term is 6 months. Most of our lending is unsecured, but sometimes we need to take our security over a car or other asset to get a loan approved. Get a FREE loan assessment It’s free to chat with us – get in touch today and we’ll give you a free loan assessment. With absolutely no cost or obligation, we’ll take a look at your financial situation and discuss some options with you.It’s a great way to know where you stand so you can make an informed decision. FREE loan assessment Short -Term Loans FAQ Can I get a short-term loan with no credit check? In New Zealand, lenders must make sure you can pay back a loan before lending you money.Responsible lenders will run a credit check as part of this process, as your credit history provides them with valuable information about how you manage debt.Having a bad credit score doesn’t mean you can’t get a loan, and you can always improve your credit score if you make regular and timely repayments on loans.With Loansmart, you don’t have to hide your credit score from us. We’ve helped thousands of borrowers get fast, fair, affordable loans despite their credit history. Learn about how Loansmart arranges bad credit and second chance loans for people with poor credit history. Can I get a loan in 1 hour? There’s no such thing as a “1-hour loan” or an “instant loan”, because lenders need to do some checks before they lend you money.However, it is possible to get a same-day loan with Loansmart.Loansmart doesn’t keep you waiting. We offer loans on the same day – our tagline is Smarter Loans, Faster, and that’s exactly what we do.Once you’ve completed our 3-minute application, we’ll get in touch to discuss your application before getting back to you with multiple options.After you’ve picked the best deal, we’ll arrange for the money to go into your account.The cash can be paid the same day if you fill out the online contract and any additional steps before the end of the day. You may get it the same day or the next morning, depending on your bank.Learn more about getting a same-day loan with Loansmart. Do you guarantee approval for short-term loans? As a responsible loan broker, we make sure you can afford to pay back a loan before we arrange it.We want to see people achieve financial success and freedom, not default on their loans and damage their credit scores.We’re proud members of the Financial Services Federation, and as such we must put your best interests at heart when arranging loans on your behalf.Learn more about Loansmart’s approach to responsible lending. Can I get a short-term loan with no bank statement? New Zealand consumer credit laws require lenders to run affordability checks before issuing people with loans.At Loansmart, we ask you to provide your last 3 months’ bank statements when you apply for a loan through us.We use this to evaluate your income and expenses to make sure you can pay back the loan.Learn more about Loansmart’s processes. Apply Now Contact Us Today! #### Tiny Home Loans Loansmart specialises in Tiny Home Loans, so you can count on us to help you get your Tiny Home Finance sorted faster. Tiny Homes have become increasingly more popular, especially given traditional home ownership has become unaffordable for most first time buyers. These small and typically transportable spaces are design marvels that pack a lot into a limited space, so they aren’t just for minimalists! For a fraction of the cost of a house deposit in Auckland, you can create the perfect home. Tiny homes aren’t just the perfect solution to rising rent and house prices, they are also great for: Getting the teenager out of the house Creating a relaxing yoga studio Moving your office outside Starting your own AirBnB or B&B Getting your first investment property (they make a perfect rental space!) Whatever your small space needs, we can finance it with a Tiny Home Loan from Loansmart. There are two types of tiny homes – portable and fixed. If your tiny home is under 30 square meters, and is Portable, complies with height and dimension requirements, weighs less than 3500 tonne and meets with NZ’s roadworthy guidelines, it’s likely you won’t need a building consent. It also can’t be plumbed or wired, so it’s like a bigger caravan. Keeping within house building codes saves considerable time and money. Having your own house on wheels also provides the added benefit of being able to take it with you. You don’t have to worry about having to find a property to rent, which is getting harder and harder these days. Nor do you have to give notice, or enter into long term lease agreements. You’ll have the added security and peace-of-mind of having a roof over your head, pretty much wherever you choose to live. Better still, you don’t have to pay rent! Use your money to pay off your own home, instead of someone else’s! Tiny home loans provide a great option for house hopefuls, and Loansmart wants to help you make your dream a reality faster. Apply Now How Can I Apply for Tiny Home Loans? Simply fill out our tiny home loan online application (it only takes 2-minute) or give us a call on 0800 255 155. Once you apply for your loan we work hard to get it approved within 1-2 hours. In most cases you’ll receive payout the same day. At Loansmart we focus on meeting your needs, without making you jump through hoops! How Much Can I Borrow? Tiny Home loans are a type of personal loan. You can borrow up to $75,000 for unsecured loans and more for secured loans. Plus, our tiny home finance rates start from as low as 9.95%*. Bank Said No To Tiny Home Loans? Loansmart provides lots of loan options for most borrowers. Building your new home (or extra space) should be exciting, so you shouldn’t be stressing about how you’ll finance it. Loansmart offers bank alternative financing options so you can get your tiny house underway as soon as possible. Our Tiny Home Finance Loans are tailored to individual circumstances – so if the bank said no, don’t worry, we’re a lot more flexible. Planning your tiny home Once you’ve got your tiny home loan approved, the next step is planning your dream design. You can choose from pre-constructed plans, or you can design your own. Check out the 50+ designs from Steel Frame Solutions. Steel Frame Solutions provides easy-to-assemble steel frames for tiny homes and are NZ’s number one choice for framing steel homes. Because they are constructed from light gauge steel, they are up to 70% lighter than timber, you can get more out of your fit-out and design. Being inorganic, steel framing actually inhibits the growth of mould, and promotes a healthier, more comfortable living environment. No toxic chemicals No mould No rot No termites No gases & vapours Steel also provides many other benefits like – Not as much house movement. This means cladding and gib is less likely to crack; a vital consideration for portable tiny homes! No shrinking, splitting, creeping No bowing, bending, warping, twisting or movement Non combustible What’s more, steel is an environmentally friendly choice as it is one of the most widely recycled materials in the world. You only need a few recycled cars to frame your home, as opposed to countless trees! Once you find a design you like, within 72 hours the frame for your house can be ready to go. You can set it up yourself on a trailer, or you can pay for it to be set up for you. Then you can complete the fit out yourself, or hire a builder to do it for you. Alternatively, you can engage the services of a company that handles everything for you including the fit out. There are numerous companies that offer this service in New Zealand, including Tiny House Builders & Shaye’s Tiny Homes. Tiny Homes are a passion for so many people, and better still they are a dream that is still within reach for most. Tiny Homes are affordable, practical and beautiful. With the right choice of materials they can be cleaner, greener and stronger too. Make your tiny home dream a reality, fast! Apply for a tiny home loan from Loansmart today. Apply Now #### Two Big Wins — When Smart Lending Opens New Doors Sometimes, when people reach out to us, they think there’s only one way forward – maybe a hardship application, a small top-up, or just one more short-term fix. But at Loansmart, we know that with a bit of strategic thinking and a closer look at the whole picture, there’s often a much smarter path.This month, we helped two clients who were feeling the pressure from overdue payments, mounting arrears, and limited options. Both came to us thinking their situations were too complicated to fix – but by taking the time to understand their goals and challenges, we turned things around in ways they never expected. Case Study #1: Aroha’s Debt Consolidation Rescue The Need Aroha, one of our long-time clients, reached out to find out the status of her current loan. She was under significant financial pressure – her mortgage and other loans had fallen into arrears, and she was considering applying for hardship to access her KiwiSaver funds. The Challenge While hardship might seem like an option, it can have lasting consequences on a credit file, making future lending much more difficult. Aroha’s arrears across her mortgage and personal loans were mounting, and she was feeling stuck – convinced hardship was the only way forward. The Solution At Loansmart, we always take the time to look at the whole situation and explore every possible path before hardship becomes the only option. In Aroha’s case, we suggested consolidating her debts instead – paying off all arrears and reducing her loan payments to make things more affordable.We managed to secure an approval that brought her mortgage and all loans up to date, significantly reduced her weekly repayments, and even provided extra cash to repair her car. What started as a stressful, uncertain situation quickly turned into a practical, manageable solution.By tackling her arrears and simplifying her repayments, Aroha avoided having a hardship mark on her record – and gained the breathing room she needed to move forward with confidence. Case Study #2: Renee’s Inheritance-Backed Turnaround The need Renee came to us needing $25,000 to pay off IRD debt and a significant default. But her situation was far from simple — she had no income at the time (having recently stopped self-employment and waiting on ACC payments), her mortgage was three months behind, rates were in arrears, and she had a $12,000 default with Latitude. Her credit history was poor, and traditional lenders had already said no. The challenge With no income and multiple overdue payments, Renee felt she had run out of options. Every door seemed closed – until she reached out to Loansmart. The solution When we looked more closely, we discovered that Renee had a $250,000 inheritance due in March next year, confirmed through her family trust. That opened up an opportunity to structure a secured loan using her home as collateral, with no repayments required until March 2026 – perfectly aligned with when her inheritance would arrive.This solution meant she could immediately clear her IRD debt and default, bring her mortgage and rates up to date, and regain control of her finances. After months of uncertainty, Renee finally had the stability she needed. She told us she couldn’t believe anyone was willing to help — and that this solution gave her hope again.Many of the financial scenarios we deal with are complicated. They aren’t about quick fixes – but looking deeper, thinking smarter, and finding opportunities where others might not. At Loansmart, we don’t just lend; we create strategies that help our clients move forward. Ready to see what’s possible?Get in touch with our friendly team for a free assessment. Let’s look beyond the numbers and build a solution that works for you. Get a free loan assessment Try our Loan Calculator #### Two Clients, Two Big Wins – And It All Started With Small Loan Requests Two Clients, Two Big Wins – And It All Started With Small Loan Requests Sometimes our clients come to us for something small – but with the right advice and a smart lending solution, we can help them achieve so much more. This month’s stories show how looking at the bigger picture can turn a simple loan request into a game-changing outcome. Case Study #1 -Sarah’s Gift of a Lifetime for Mum & Dad The Need Sarah had one big goal in mind – surprising her parents with an overseas holiday for their wedding anniversary. She’d been saving bit by bit, but it wasn’t adding up fast enough.When she approached her bank for a top-up loan, she hit an unexpected roadblock—an old power bill default from years ago meant they declined her outright. The Challenge That one default was holding Sarah back, even though she had steady income and a solid plan for repayments. This is the unfortunate reality of credit history: sometimes one little mistake can come back to bite you, even if you’re now back on track.For Sarah, without a lender willing to look at the full picture, she couldn’t make her dream happen. The Solution Sarah came to Loansmart, and her advisor spotted a way forward. By using her car as security, we were able to:Pay off the old default in fullUnlock the funds she needed for the tripGet it all sorted quickly with one simple loanShortly after we arranged her loan, Sarah had everything lined up—parents’ tickets booked, accommodation secured, and a big smile on her face. She loved that we looked past a black mark from the past and focused on what was possible now.This is what Loansmart does best: finding creative solutions to financial problems. We believe in second chances, which is why we work with our network of high-quality, low-cost lenders to find great solutions for our clients. Case Study #2: Emmett's All-in-One Loan Win The need Emmett reached out to Loansmart for a quick $1,500 loan to fix his car. Without it, getting to work would have been impossible. As a shift worker, he often needed to travel to work at night when public transport just wasn’t an option. The challenge While processing his application, his Loansmart advisor noticed something bigger – Emmett was juggling a pile of separate debts, each with different due dates and interest rates. His weekly repayments were adding up to more than they needed to. The solution Instead of just approving the $1,500, we looked at the big picture. Sometimes, clients like Emmett – who have a lot of smaller debts – don’t need another small loan; they need to consolidate their debt into one loan that simplifies their repayments and helps them lower their borrowing costs.That’s exactly what we did for Emmett. We arranged approval for a $50,000 loan that:Paid off all his existing debtsGave him the funds to repair his carCovered extra cash for a trip later in the yearReduced his weekly loan repayments by $200Emmett couldn’t believe it—he didn’t think borrowing that much was even an option. Now he’s driving to work stress-free, has his travel plans locked in, and enjoys one easy repayment instead of many.Do you have a sticky financial problem you just don’t know how to solve? Get in touch with our friendly team today for a free loan consultation. We’ll have a chat with you about your situation and help you find a positive solution. Get a free loan assessment Try our Loan Calculator #### Two Small Requests, Two Big Wins Often, clients come to us asking for a small loan to solve an immediate problem – but when we take the time to understand what’s really going on, we’re often able to create a solution that delivers far more value in the long run.This month, two clients reached out with modest requests. By looking at the bigger picture, we were able to reduce repayments, remove financial pressure, and set both clients up for a much smoother road ahead. Case Study #1 – James’ Debt Consolidation Win The Need James applied for $5,000 to pay off his credit card. On its own, it seemed like a straightforward request to tidy up one debt and free up a bit of breathing room. The Challenge When we reviewed James’ finances, we noticed he had missed a couple of payments on his UDC car loan, which was a sign that things were starting to feel tight. While paying off the credit card would help short term, it wouldn’t address the bigger issue – multiple repayments putting pressure on his weekly budget. The Solution Instead of approving just the $5,000, we looked at a smarter option. We submitted an application for $40,000 to pay off the car loan, clear the credit card, and provide extra cash for Christmas.The new loan came back with a strong interest rate of 14.95% and delivered an immediate improvement. James’ repayments dropped by around $100 per week, and by paying out the car loan, his vehicle became freehold, giving him more flexibility going forward.James was extremely satisfied with the outcome – what started as a simple credit card payoff turned into a solution that significantly eased his financial pressure. Case Study #2 – Lauren’s New-Car Upgrade The Need Lauren applied for a $3,000 loan to repair her vehicle. Another seemingly straightforward request. The Challenge After talking things through, Lauren explained that the car was older and had been causing ongoing issues. In fact, she’d already spent around $10,000 on repairs over the past year alone.Continuing to pour money into an unreliable vehicle wasn’t sustainable. While the $3,000 would fix the immediate problem, it wouldn’t stop the cycle of breakdowns, stress, and ongoing costs and that’s where a smarter solution was needed. The Solution After talking through her situation, we suggested a different approach. Instead of another repair, we applied for a $20,000 loan so Lauren could replace her old car with a newer, more reliable vehicle.She was thrilled, and genuinely surprised, to learn she qualified for the larger amount. The new loan gave her the freedom to move on from a car that had become a financial drain and step into something far more dependable.Lauren was stoked with the result and relieved to finally leave the constant repair bills behind. Do you have a sticky financial problem you just don’t know how to solve?Get in touch with our friendly team today for a free loan consultation. We’ll have a chat with you about your situation and help you find a positive solution. Get a free loan assessment Try our Loan Calculator #### Ultimate Guide to Improving Your Credit Score So you’ve got a credit score that needs improvement. Don’t despair, the good news is that your credit score isn’t forever. Every five years your credit history is updated and most information is cleared.So if you were going through financial difficulties five years ago and constantly missed paying your bills on time, chances are your report will no longer reflect this.By correcting your money habits now, you could be well on your way to good credit. Before we get into ‘how’ to improve your credit score, it’s important to grasp ‘what’ impacts a credit score.You can improve your credit score by understanding what causes credit scores to drop. Knowing what actions caused your credit score to decline can help you to improve your current situation and maintain it going forward.Credit scores can be a bit of a mystery to many people, so we have put together an easy-to-understand guide to help you. Let’s get started! Understanding Credit Scores What Are Credit Scores?Your credit score is a personal rating that indicates how well you handle money. Lenders take this information into consideration when you apply for any type of lending, including personal loans and mortgages.If you are deemed to have ‘bad’ credit it can greatly impact your chances of getting a loan, as well as the interest and fees you will pay on that loan. Credit scores are measured on a scale of 0 – 1000. The higher the number, the better your credit score.Anything above 500 is considered ‘good’, and anything below 300 ‘bad’. According to Canstar, most people have a credit score between 650 – 768 (above average). What Causes a Bad Credit Score?Multiple factors can affect your credit score, the most common being late to pay credit card and loan repayments or defaulting on a loan. It’s easy to fall into these habits when you are in financial difficulty but with a little bit of guidance, you can break the cycle.Missed Payments Repetitively missing your bills by just a few days could be the difference between having great or poor credit. We have seen many people with otherwise perfect financial history who didn’t know they had bad credit for this very reason. For example, for people who get paid monthly their bills may not always coincide with when they get paid. Many think a few days late here and there wouldn’t make a difference, but it does!Loan Defaults Loan defaults can cause your credit score to dive substantially. If you have defaulted on a personal loan or multiple loans before you will most likely have a poor credit rating. Unfortunately, if you have acted as a guarantor for someone who has defaulted on a loan and failed to meet their repayments your credit score will also be affected.Your AgeIf you are young, your credit score will likely be low. This doesn’t mean that you’ve done anything wrong financially, you just haven’t had enough time to build up a credit history.Loan ApplicationsWhen you apply for a loan, it’s important to note that your credit score will be affected. While applying for the odd personal loan won’t have much of an effect on your credit score, multiple loan applications and rejections in a short period of time will. This usually indicates that you are applying for more credit than you can repay and acting financially irresponsible. How To Improve Your Credit Score (And Keep It That Way)Now that you have a good understanding of how credit scores work and what affects them, we can get started on how to improve them.Pay Off or Consolidate Loans It’s no surprise that paying off your existing debts or loans is the first step to improving your credit score. Removing your existing personal loans or unpaid credit card debt can have a great effect on your credit.Better still, you also won’t have to worry about any more missed payments and the fees that accompany them. We understand this isn’t always possible. Another avenue you could look into is a Debt Consolidation Loan.Applying for a loan when you’ve already got more than you can handle can seem counterproductive. However, combining all your loans into one easy-to-manage payment can also lower your monthly repayments so your loan is more affordable for you.For example, you could have 5 loans ranging from 6 months to three years, by combining them all into one loan spread out over a period of four years, your repayments could be significantly reduced.The money you save from those repayments could be used to help you live more comfortably, or build up a bit of a nest egg which you could use to repay your loan sooner! But make sure you do your research as declined loans can negatively affect your credit score further. Look for a lender that is low-cost, reputable and provides more options (you’re more likely to be approved).Loansmart can help you simplify your finances and save on interest rates and fees with a low cost debt consolidation loan. They’ve been helping Kiwi’s consolidate their debts since 2008 and are trusted providers for online consolidation finance.Don’t Miss Your PaymentsMaking your bills payments or credit card repayments on time is the key to improving your credit score. The best way to ensure this is to pay them before the due date. Early payments also have the potential to save you money with many companies offering prompt payment discounts.Cancel Your Credit CardsEvery credit card you own can negatively impact your credit score. The impact on your credit score and the potential for debt far outweighs any rewards scheme your credit cards offer. Limit yourself to just one credit card with a low limit and ensure you only spend what you can afford to pay back every month.Overhaul Your Spending Finding areas where you can limit your spending will make all the difference. And no, we aren’t going to tell you to cut back on avocado on toast, because let’s be real you probably aren’t eating that everyday!What we mean is sitting down and drawing up your monthly budget to see the bigger picture of where your cash flow ends up. This will make it easier to pinpoint your areas of overspend like takeaways or weekend drinks.Cutting back on the things you enjoy can seem hard, but once you build yourself back up to a good financial position you can allow yourself more leeway. We recommend the Sorted Budgeting Tool to help you through this step.Start An Emergency Fund Having a savings account specifically for emergencies ensures you are prepared to handle unexpected financial obligations.Not only does having emergency funds reduce financial stress, it means you are less likely to rely on credit cards or loans in the future. A common savings tactic is to save up enough money to cover your expenses (rent, bills, food ect.) for at least a few months. Not only does this mean you will have a decent emergency fund set aside, you will also be able to cover yourself in case you are unable to work for any reason.It may seem like a large goal, but cutting back where you can and putting a small amount away often quickly adds up.If you’re struggling to meet loan repayments now, a solution could be a Debt Consolidation Loan which can lower your payments and help simplify your finances. New Zealand loan providers, Loansmart, have been helping Kiwi’s consolidate their debts since 2008 and are trusted providers for Online Debt Consolidation Loans.Not sure how to start an emergency fund? Check out this easy guide – How To Start An Emergency Fund. We recommend the following online resource if you want to learn more about how credit scores work and how to improve them: Sorted: How Credit History and Scores WorkConsumer Protection: How credit scores work, the impact of bad credit, and how to improve your score LEnding Criteria Apply Online Now! #### Unsecured Personal Loans NZ Unsecured personal loans are basically a way for you to borrow cash without having to put up anything valuable, like your house or car, as collateral.They’re becoming a go-to option in New Zealand for people who want a bit more freedom when it comes to borrowing.Whether you need some quick cash for an unexpected bill, want to pay off existing debt, or need funds for a personal project, these loans can be a fast way to get what you need.Since you don’t have to back it with any assets, a lot of people find this super attractive.Just remember to weigh the pros and cons before jumping in to make sure an unsecured personal loan is right for you. What is an Unsecured Personal Loan? An unsecured personal loan is a type of loan that doesn’t require any collateral to secure the loan amount. This is different to a secured loan, where a valuable asset is put up against the loan as security.In this situation, the lender has the right to claim back your asset (like a home or vehicle) if you fail to repay.On the other hand, unsecured loans are based solely on your creditworthiness.The lender evaluates your financial history, credit score, income, and other relevant factors to determine your ability to repay the loan.In New Zealand, unsecured personal loans typically range from a few hundred up to tens of thousands of dollars and can be used for a variety of purposes, including:Debt Consolidation: Combining multiple debts into one easier payment, often with lower interest rates.Emergency Expenses: Covering unexpected costs like urgent repairs that come up.Home Improvements: Funding renovations that can ultimately add value to your property.Personal Projects: Financing a holiday, wedding, or any personal goal that requires additional funds. Benefits of unsecured loans Fast ApprovalOne of the biggest advantages of unsecured personal loans is their fast approval process. Because there’s no need to evaluate collateral, lenders can approve your loan quickly—with Loansmart, that’s usually within just a few hours*. This is especially beneficial if you need funds urgently, like for emergencies or unexpected repairs.*Subject to responsible lending criteriaFlexible Use of FundsUnsecured personal loans offer great flexibility when it comes to how you can use the funds. Whether you’re consolidating debt, financing a wedding, taking a holiday, or making home improvements, you can use the loan amount however you see fit. This flexibility allows you to manage your financial needs without any restrictions.No Risk of Losing AssetsSince unsecured personal loans don’t require collateral, there’s no risk of losing your property or car if you default on the loan. While it’s still crucial to meet your repayment obligations to avoid credit score damage and additional fees, the absence of collateral provides peace of mind that your assets are safe. How much can I borrow? With Loansmart, you can borrow up to $75,000 with an unsecured personal loan.This amount can go a long way in covering significant expenses, giving you the financial support you need without the burden of high interest rates associated with credit cards.Want to know how much you could borrow, and what your repayments would be?Try our free online loan calculator. Try our Loan Calculator Is an unsecured loan right for me? If you want to borrow less than the unsecured limit of $75,000 and you meet the responsible lending criteria, an unsecured loan could be the best option for you.However, there are some scenarios where a secured loan could be a better option:You want to borrow moreThere are situations where $75,000 might not be enough, such as major home renovations, or buying a business. If you have an asset you can use as collateral, you could apply for a secured loan, which has a limit of $150,000.You have bad creditIf you have a bad credit history, this isn’t a deal breaker for us. But you may not be able to get an unsecured loan because of the increased risk to the lender. If your credit score is not so great, a secured loan could make it easier for you to get your loan approved, because your collateral will offset some of the risk.You want a lower interest rateIn general, secured loans have lower interest rates than unsecured loans. This reflects the lower risk to the lender, enabling them to offer better rates for secured loans. How to apply for an unsecured personal loan With Loansmart, applying for an unsecured personal loan couldn’t be easier.Simply complete our 2-minute online loan application and we’ll be in touch to get some more information.We’ll then put your application in front of multiple lenders and come back to you with options within 1-2 hours*.You’ll love how easy it is with Loansmart – we jump through hoops so you don’t have to!Being an online loan broker enables us to remove all those annoying things like appointments and paperwork, and it allows us to work faster.All you have to do is apply and then sit back while we do the legwork.Having access to multiple lenders gives you options, and more lenders means more chances of approval!Want to find out how easy it is? Apply today! Get a Free Assessment #### Urgent Loans for Bad Credit NZ Need cash right now? Have a bad credit score? If you’re searching for “urgent bad credit loans”, there’s a good chance you’re in this situation.And you’re not alone. This is a common situation facing many Kiwis, but there’s a perception that if you have bad credit, you won’t get a loan.As a result, some people turn to dodgy lenders to borrow relatively small amounts of money at very high interest rates.The good news is that it doesn’t have to be this way.Loansmart believes no one should be forced into borrowing money from these types of lenders, which is why we work hard to find solutions for all of our customers, no matter what their credit history is.Keep reading to learn more about credit scores and how they apply to loans, and how you can get an urgent loan even if you have a bad credit score. Apply Now! Why your credit score can affect your chances of getting a loan Your credit score is a number that represents your creditworthiness, or your likelihood of paying back a loan. It doesn’t just apply to loans, but any line of credit, including phone, internet and power plans.If you pay your bills and loan payments on time, your credit score goes up. If you make late payments, or don’t pay in full, your credit score takes a hit.A low score means a person may have had trouble making loan payments, and so a lender might be cautious about lending to them.This means a lender may apply higher interest rates, stricter repayment terms, or even reject a loan application outright.As a borrower, this leaves you in a tricky situation where you might resort to a high cost lender.While this is certainly an option, there are far better ones. How Much Could You Borrow? Find a lender that cares At Loansmart, our friendly loan advisors take the time to listen to your story and understand your needs.We’re not judgmental about the reasons why your credit score might be bad, we just want to help you get back on track.Here’s a recent example from one of our clients, Donna, who needed to borrow $20,000 to further her education.Donna had some past problems paying her phone and power bills on time, so her credit score was less than great. When she applied for a loan with several lenders, she was declined.Loansmart listened to her story, where she explained that it was her ex partner, who was responsible for paying the bills, who was actually late with the payments.Using our network of high-quality, low-cost lenders, we were able to get Donna the money she needed for her course at a good interest rate and on affordable terms.We don’t want to see people limited because of their credit scores, which is why we take other things into account when assessing a loan application.If a customer has good, regular income, and enough left over after other expenses, we can usually find a positive outcome for them. Get My Loan Today The smarter, faster way to get an urgent loan When you need an urgent loan, Loansmart has you covered.When you apply for a loan through us, we can usually get approval within 1-2 hours*, and arrange same-day payout*.We’re fast because we’re 100% online, so there’s no appointments to attend or pesky paper forms to fill out.Everything is done digitally, including assessing your bank statements, which you can share with us using our secure online portal.After you apply using our 2-minute application form, we’ll give you a call to get some more information, and then put your application in front of multiple low-cost lenders.We’ll come back to you with options, and you choose the one that’s right for you.More lenders means more chances of approval!*Subject to responsible lending checks and criteria Get a Free Assessment #### Ute Finance Ute Finance: The Best Way To Get A New Vehicle Need a new ute? Keen to take advantage of Fieldays deals?Now’s a great time to buy a ute, with many dealers offering specials, but you may not have the cash on hand to take advantage of them.There are several ways around this.One is to finance it with the dealer, but their rates could be expensive, and many require a deposit upfront. Plus, you lose a potential negotiating tool when using their finance – you could get a better deal by walking into the dealer with cash.Another option is to borrow from a bank, but their processes can be slower when compared with online lenders, meaning you could lose your opportunity to secure the best deal. New vehicle loans done right Loansmart offers fast, low-cost ute finance options with our fully online process and highly competitive rates.Interest rates from 9.95%*No deposit requiredFlexible payment terms from 6-84 monthsUnsecured or secured loan optionsApproval within 1-2 hours**Subject to responsible lending criteriaOur savvy team of loan advisors work fast to give you great lending options, so you can go to the dealer and secure the best deal on your new ute.Loansmart focuses on your needs and provides easy solutions, without making you jump through hoops. Unsecured ute finance Found a great deal on a new ute, and need cash now? An unsecured loan is the simplest and fastest way to secure your cash.Borrow up to $75,000 unsecured*Easy online process – no paperwork!Payment terms from 6 months to 7 yearsWith vehicle finance from Loansmart, we give you the cash so you can go out and get the best deal on your new car. When you pay with cash, you have more power to negotiate with the seller, whether you’re buying from a dealer or privately.You also have complete freedom to decide what vehicle you get – there are no conditions attached to our unsecured loans!*Subject to responsible lending criteria Secured ute finance A secured vehicle loan is another option if you don’t quite meet the criteria for an unsecured loan, or you want to borrow more than $75,000. By using your new ute as security against the loan, we may also be able to get you a better interest rate*.The secured loan process takes a bit longer than with an unsecured loan. This is because we need to go through a few more checks to make sure the vehicle is suitable to be used as security.Not sure whether you need a secured or unsecured vehicle loan? Our friendly loan advisors will assess your application and talk through your options to ensure you’re making the best decision for you.*Subject to responsible lending criteria. The Loansmart advantage As an online loan broker, Loansmart gives you access to multiple low-cost lenders, all from just one application.Making multiple loan applications in a short period of time can harm your credit score, so applying through Loansmart is a great way to avoid this.We take your application to our lending partners and come back to you with options, and you pick the best deal for you.It’s so easy!There’s no paperwork involved or appointments to attend – it’s all done online, and we do the legwork.All you have to do is apply and then sit back while we get you a great finance deal. Apply now! Get My Loan Today Try our Loan Calculator #### Weekend Loans Finance this weekend The weekend is almost here. Don’t let a lack of cash hold you back from making the most of it. What are your weekend plans? Do they involve money? If the answer is yes, we can help with that!   Why do people apply for emergency weekend loans? In our experience we’ve noticed there are typically two types of weekends our clients need a bit of extra cash for – those that are based around fun, and those that focus on getting jobs done.  Weekend favourites like shopping, getaways, events, special occasions and dining can involve a fair bit of cash. If you’re worried about falling short, a weekend loan is a great option. If you apply for a quick cash loan before 2pm Friday, you could have enough funds come Saturday morning when the fun starts!   The other reason people apply for a weekend loan is not quite as fun, but most definitely rewarding in the long run. Weekend projects are the other common reason we lend money for.  House paint, bathroom fixtures and fittings, DIY kitchens, decking timber – if you’re lucky enough to be handy with a paint brush or hammer, or live with someone who is, tackling renovation projects is a great way to beautify your living environment and add value to your biggest asset.  Loansmart specialises in Home Renovation Loans. You could borrow up to $50,000 without security, or $150,000 with security. One of the great things about Loansmart is that we really do provide “smarter loans – faster”, hence our tagline! So while banks can take weeks to approve a loan, for us it’s a matter of hours. In some cases we can even offer rates lower than a bank, starting at just 9.95%. Fast loans that are affordable and easy, with highly competitive rates – we believe we tick all the boxes! Need extra funds to get your weekend projects sorted? Apply for a weekend loan with Loansmart. We offer professional, low cost lending without all the hassle. Our clients benefit from lower fees, faster payout and an easy online loan application process.  Rates from 9.95%* Borrow up to $50,000 unsecured Borrow up to $150,000 secured Loan decision in 1 – 2 hours*  Running up extra credit card debt isn’t always the best way to access funds for expensive weekend projects, unless you can afford to pay it back the following month or your interest rate is highly competitive. It costs nothing to get a quote, so give us a call or apply now to see what we can do for you.  Make the most of your valuable time with a weekend loan from Loansmart. Loansmart offers 1 – 2 hour approval and interest rates from 9.95%. That’s really competitive!  You don’t even need a perfect credit history. APPLY NOW How do I apply for a weekend loan?  It’s easy! Apply for a same day cash loan by 2pm Friday and if approved the payment will clear that evening or the following morning. Just in time for the weekend. Yippee!  What are the loan requirements? We can provide same day loans to those in employment and who have regular income paid into their bank account, so long as you can afford the repayments. Who can apply for a weekend loan? Pretty much anyone over the age of 18. Naturally we have lending criteria you need to meet, but our criteria is broader then other lenders, so even if you’ve been declined for a loan by another provider, you may still qualify with us.  Can I apply for  a weekend loan if I have bad credit? Got bad credit or already have outstanding debts? We may still have options for you, learn more about our Bad Credit Loans and Bad Credit Consolidation Loans.  Loansmart is a trusted, local lender When it comes to weekend finance you have two options – high cost weekend loan lenders and low cost weekend loan lenders. Loansmart fits within the latter. We provide instant loans at rates from as low as 9.95%. The maximum we charge is 35.50%. When looking at lending companies, be sure to compare apples with apples. Some companies prominently display daily interest rates, but when you look at the cost over the course of a year the repayment fees are upwards of 100%. Ouch! That’s not fair, and it’s certainly not smart! Check out our checklist on ‘How To Choose A Lender‘. It pays to get smart – Get Loansmart We’ve been in business for over 10 years and helped tens of thousands of Kiwi’s get a fast online loan  – you could say we’re experts in personal loans. We offer a wider range of rates than other lenders, starting at just 9.95%*. The majority of our clients actually come back for another loan when they need another round of financing like upgrading a car, emergency cash loans, doing a house extension, planning a holiday and even buying a house! We provide all types of unsecured loans and secured loans.  We’re also experts at debt consolidation loans.  Loan amounts are based on your income and monthly expenses – so essentially what you can afford. Over 25% of our lending is to existing clients. This is because our customers love what we do, and we love helping them. We’re consistently rated 5/5 for our communication. You don’t ever have to wonder where your application is at with us. Typically you’ll have an answer within 1-2 hours.  We make it easy for you to provide us with access to your bank statements too, with no need to print out or scan documents. You can plan repayment dates to when you are paid and our loan terms are very reasonable. If you’re an existing customer, our loan renewal process is even easier. You can apply for an online loan renewal or top up without having to jump through hoops.  So what are you waiting for – apply online by 2pm Friday, and funds could be in your account that night! Successful weekend loan applications processed by 2pm Friday are paid out the same day. Funds could be in your account that evening or the following morning . Different people, different requirements. Our helpful staff will tailor a lending solution to fit your needs. No obligation online application form – takes around 2 minutes to complete. You’ll receive a free quote that outlines your interest rate and repayments.  Need help to apply for a loan online? If you’d like to walk through the loan application process with someone over the phone, you can call 0800 255 155 to speak to one of our friendly and helpful customer service team members.  APPLY NOW Still Have Questions? Our Lending FAQ has answers to our most commonly asked questions or you can give us a call on 0800 255 155. You can also try our personal loan calculator for an estimate on how much your finance will cost. Our instant Weekend Loans are easy to apply for – in just a few minutes you’ll be on your way to a weekend of fun or DIY. Shopping, a weekend away, touching up your kitchen, fixing up that old deck or finally giving your home a fresh coat of paint. Whatever your needs, we’ve got you covered. *We take our responsibilities as a lender very seriously and only lend money to people who are in a position to make repayments without causing any undue financial hardship. Loansmart is recognised as a trusted lender in the marketplace that provides smart finance solutions. #### What does a loan broker do? Online Loan Brokers – How They HelpIf you need to borrow money, using an online loan broker can be a good way to ensure you’re getting a good deal.Most people borrow from a bank or a finance company. There are many different institutions that can lend you money, and they often charge different rates of interest, on different terms.With so many lenders, and a lot of different loan features, it can be hard to know if you’re getting a good deal. It’s also time consuming applying for loans with different lenders, which all require you to fill out their own applications.Applying for lots of loans with different lenders also means racking up lots of credit checks. All those checks are kept on your credit history. Having lots of recent credit checks can negatively impact your score, as too can ‘declines’. This is where an online loan broker can help A loan broker is someone who helps you borrow money, but they don’t lend you the money directly. They have connections with different lenders and can present you with a range of options, which you can choose from.One application = multiple loan options = more options for success. Plus, you only have one credit check. But not all loan brokers are the same Here’s how to make sure your loan broker is acting in your best interests.Loan brokers make money through commission. When they get you a loan through a lender, that lender pays the broker a fee. Loan brokers can also be financial advisors - this is a big bonus It means they can offer you more than just loan options. They can go one step further and discuss the pros and cons of each. They are obliged to point out which one works in your best interest.They are held accountable for the recommendations they make and must demonstrate that they have put client well-being above everything else – including commission!Let’s say you had three loans to choose from, and one of them generated a lot of commission for the broker but wasn’t in your best interest – a broker who is a financial advisor would be required to point this out to you, even if they lose out on commission.Not all loan brokers are financial advisors.That means they are not obligated to point out which loan option is in your best financial interest.Be sure to check if your loan broker holds a Financial Advice Provider License issued by the Financial Markets Authority. Loansmart does! Here’s why we are a smart choice. Applying for a loan can be a frustrating, confusing and time consuming experience. Loansmart takes those problems away to provide you with quick, smart – trustworthy solutions. You don’t need to jump through any hoops with us, we do that for you. Here’s how it works.Learn how to apply for a loan online – it takes just a couple of minutes.Once you apply, we put your application in front of our low-cost lenders.We then present you with your options and explain the deal that’s in your best interest. Having a range of options is great because you can compare the offers and easily see which deal is best.Do you have existing loans? Loansmart is a debt consolidation loan broker too. We can help you make your payments more affordable and lower your interest rates. Check out these stories of borrowers we helped find better debt consolidation loans. Loansmart acts in your best interest, so we’re a smarter choice. We’re also fast. Hence our tagline – Smarter Loans >> Faster. So you can relax knowing you’ll get a great deal – fast – from a company that values your financial wellbeing. Get a Free Assessment #### What Loan Terms Really Cost You: Interest vs Total Repayment Explained When it comes to taking out a personal loan, it’s important to understand interest rates and how they affect the total amount you will pay for the entire loan. You may have seen terms like Annual Interest Rates (AIR) or Annual Percentage Rate (APR) and wondered what these mean.In this post, we’ll explain exactly what “apr rate” means, how it differs from the simple interest rate, and why the length of your loan term matters just as much as the percentage rate. We’ll also break down every fee you’ll encounter at Loansmart—so you’ll know exactly what each cost covers and how it affects your total repayment. Ready to see what your loan really costs?Let’s dive in.😀  Understanding APR and AIR What is the Annual Interest Rate (AIR)? The AIR (Annual Interest Rate) is the percentage rate charged by the lender each year on the outstanding loan balance. It’s the “headline” rate you see advertised—Loansmart’s AIR ranges from 9.95% p.a. to 35.50% p.a., depending on your credit profile and chosen loan term.However, the AIR alone doesn’t include any additional fees, so it can under-represent the full cost of borrowing.This is where the Annual Percentage Rate (APR) comes in. What is the APR Rate? APR stands for Annual Percentage Rate, sometimes called the “comparison rate.” It’s calculated by adding together the AIR plus any extra fees—like establishment fees charged by the lender and the Loansmart service fee—then expressing that total cost as an annual rate.Because it folds in those fees, the APR rate gives you a clearer, apples-to-apples comparison between different loan offers. Why the APR Rate matters Focusing on APR means you won’t be surprised by hidden costs further down the track. A loan with a seemingly low AIR might come with high establishment fees or service charges that bump up your total repayment. By checking the APR rate, you see the true yearly cost, helping you pick the loan that actually saves you money over its lifetime How Loan Term Impacts Total Repayment Your chosen term—the number of months over which you repay—also has a big effect on total cost:Shorter terms have higher weekly or monthly repayments but incur less total interest.Longer terms lower your periodic repayments but increase the total interest paid.Here are a couple of examples:Example A: Borrow NZ$10,000 over 60 months at 10.95% AIR, with a Loansmart fee of NZ$745. Your weekly repayment is NZ$53.72, and you pay back NZ$13,967.70 in total, an APR of 14.4%.Example B: Borrow NZ$10,000 over 60 months at 12.95% AIR, with a lender’s establishment fee of NZ$215 and a Loansmart fee of NZ$745. Your weekly repayment is NZ$57.33, and you end up repaying NZ$14,906.36—an APR of 17.12%Want to try your own example? Use our free online loan calculator.These comparisons show that a small difference in AIR can add hundreds more to your total repayment.By comparing both AIR and the APR rate—including all fees—you’ll choose the option that minimises your total repayment. Breaking Down Loansmart’s Fees At Loansmart, we’re completely transparent about our fees, so you know exactly what you will be paying back. Loansmart Service Fee What it is: A fee for Loansmart’s service in arranging your loan.How it’s calculated: Up to 5% of your loan amount plus NZ$245 (GST exclusive).Caps: Maximum NZ$995 for unsecured loans, NZ$1,995 for secured loansPayment: You can add it to your loan principal or pay it upfront. Lender Establishment Fee What it is: Charged by the loan provider to set up your loan.Example: NZ$215 for a NZ$10,000 loan in our illustration above. Early Settlement & Other Fees Early settlement fee: If you repay your loan early, you may face a fee for breaking the agreement before term.Other possible costs: Some lenders charge late-payment fees or account-keeping fees—always check the full disclosure. Tips to Keep Your Loan Costs Down Shop by APR, not just AIR: Always compare APRs to see the true cost.Opt for the shortest term you can afford: Even trimming a few months can save on interest.Check for hidden fees: Inquire about establishment, service, settlement or late-payment fees before signing.Pay via direct debit: Ensures on-time payments and helps avoid late fees.Consider extra repayments: Some lenders let you pay more early with minimal or no penalty—check their early settlement policy. Your Next Step with Loansmart At Loansmart, we’re committed to transparency. We’ll show you the AIR, APR rate, all establishment and service fees upfront—so there are no surprises. You’ll know exactly what your loan will cost from day one. Ready to find the right loan term and APR rate for your needs?Apply online today and get a free loan assessment with one of our friendly personal loan consultants. Get a free loan assessment Try our Loan Calculator #### What to do when looking for an instant loan Are Instant Loans Really Instant? If you’re searching for an instant loan, you’re likely facing an urgent expense and need a fast solution. In New Zealand, there is no such thing as a loan that’s approved and paid out instantly with no checks. All responsible lenders must assess whether a loan is affordable.Same-day loan approval are definitely possible, and many borrowers receive a decision within 1–2 hours when applying online through a responsible lender.The term “instant loan” is commonly used online, but it can be misleading. In practice:All responsible lenders carry out lending checkApproval times depend on affordability and eligibilityLoans are assessed quickly, but not automaticallyAt Loansmart, applications are reviewed as part of a responsible lending process, which focuses on whether repayments will be affordable. What to Consider Before Applying for an Instant Loan When money is needed urgently, speed matters – but cost and long-term impact matter just as much.One of the fastest ways to find a suitable loan is to apply through a loan broker. Instead of applying to multiple lenders yourself, a broker:Reviews your situation oncePuts your application in front of multiple lendersPresents options that may suit your circumstancesMore lenders means more chances of approval, without repeatedly applying on your own. Choosing a loan broker who is also a licensed financial advisor adds peace of mind, as they are required to act in your best interest and recommend options that support your long-term financial wellbeing. Online process Our loan application takes just 3 minutes!With Loansmart, we take all the stress out of applying for loans. All you have to do is provide us with some basic info and we take it from there.Provide us with a photo ID and recent bank statements so we can get started.Doing it online means you don’t need to take time out from your busy day to apply for a loan. No paperwork The last thing you want to do if you’re looking for an instant cash loan is fill out lengthy forms.Loansmart makes applying for a loan easy with our paperless online process.You can do it without documents from any device, wherever you are! So easy. Giving you options When you apply for a loan through Loansmart, we put your application in front of multiple lenders to give you options.That way, you can choose the best deal for you.The whole process takes just 1-2 hours* with no paperwork – we jump through hoops so you don’t have to!Just make one application, then sit back and let our team of experts do the rest. Learn more about what a Loan Broker does. Same day payment There’s no waiting around with Loansmart. We offer loans on the same day – smarter loans, faster, that’s our tagline and we own it.After completing our no paperwork 3 minute online application, we’ll get in touch to discuss your application before coming back to you with options from multiple lenders.Once you’ve chosen the best deal for you, we can start arranging for the money to be paid into your account.If you complete the online contract and any additional steps before the end of the day, we can pay the cash that day. Depending on your back, it may appear in your account the same day or the next morning. Bad credit - no worries You may be looking for instant no-credit check loans. Learn how Loansmart can help you get a loan with bad credit. With us, you don’t have to hide your credit score. Over the years, we’ve assisted thousands of borrowers in obtaining fast, fair, affordable loans despite their credit history.We have an entire section on our website dedicated to helping people improve their financial health. It’s full of helpful tips like ‘7 things you must know to improve your credit score’. We’re here to help So there you have it. Although we don’t offer ‘instant loans’ we are still pretty fast, especially in situations of urgency. Check out how we helped a client get emergency vet finance, after other lenders declined her. We’d love to help you, so just give us a call or apply online. *Subject to responsible lending checks and lending criteria Instant Loans FAQ's Is it possible to get a loan without paperwork? Yes, our online loans are 100% online – no lengthy forms, or need to email your bank statements. Can I get a loan without submitting my bank statements? We need access to your bank accounts. This is to assess your ability to pay the loan back. We need to make sure your repayments are affordable.We will send you a link granting us permission to view your statements online. This is done quickly, easily and securely. You don’t need to email us your bank statements. What if I don’t have a lot of discretionary income? Loansmart specialises in making loan payments affordable. We’ll look at your whole borrowing situation. We offer debt consolidation loans to people with existing loans who are struggling to make their repayments.To help make payments more affordable, we offer lower interest rates and flexible repayment options. Do you offer payday loans? Our minimum loan term is 6 months. Payday loans aren’t the best option for most borrowers. Live paycheck to paycheck? Let’s see if we can make living more comfortable for you by reducing your monthly loan repayments and giving you a top-up at the same time. What can I use my instant loan for? An instant loan is a personal loan, and can be used for all sorts of things like unexpected expenses, medical expenses, everyday expenses, travel expenses, vet finance – pretty much anything you need quick cash for. Do you offer unsecured loans? We offer most of our loans unsecured, but if you have bad credit, your loan may need to be secured by an asset such as a car. How much can I borrow? This depends on what you can afford. Loan amounts start around $2,000 and go up to $50,000 unsecured and $150,000 secured, but we sometimes lend higher than this. How much will my repayments be? For a repayment estimate, check out our personal loan calculators. What are your interest rates? We offer competitive interest rates starting at 9.95%. Naturally, if you have bad credit you’ll pay more than this. The most you’ll be charged is 35.50%. GET MY LOAN NOW Contact Us Today! #### When a “Write-Off” Became a Way Forward Car accidents can turn life upside down in an instant, especially when insurance is not there to soften the blow. For many people, the immediate focus is simply finding a way to get back on the road. But sometimes, with the right advice and a smarter lending approach, a difficult situation can become an opportunity to improve the bigger financial picture, too. That’s exactly what happened for Daniel, who came to Loansmart needing urgent help after his vehicle was badly damaged in an accident. The Need Daniel applied for funding to cover urgent car repairs after his vehicle was badly damaged in an accident. The repair costs were estimated at around $19,000, and without insurance, he needed help fast. At first, the goal was simple: get the car repaired and back on the road as quickly as possible. But once we reviewed his application more closely, it became clear there was an opportunity to create a much smarter long-term solution. The Challenge The vehicle was effectively close to being a write-off, and Daniel already had an existing car loan along with a small personal loan, adding pressure to his finances. Simply funding the repairs would have solved the immediate problem, but it would not improve his overall financial position or given him any flexibility moving forward. Daniel needed a solution that would not only help with the damaged vehicle but also reduce financial stress and give him options. The Solution After reviewing the full picture, we structured a $38,000 unsecured loan that consolidated Daniel’s existing car loan and personal loan, while also providing the $19,000 cash he needed. Because the loan was unsecured, paying out the existing car finance released the security over the vehicle, giving Daniel far more flexibility moving forward. Instead of being locked into one path, he now had options. He could repair the vehicle and sell it privately, or sell it to wreckers as-is and use the cash portion of the loan towards purchasing a new vehicle instead. On top of that, consolidating the debts into one loan also reduced his weekly repayments, freeing up more cash flow while he decided on the best next step. Daniel was extremely happy with the outcome. What started as a stressful situation after an accident turned into a much more manageable financial solution, with lower repayments and far more control over his options moving forward. Looking for a smarter financial solution? Whether you’re facing an unexpected expense or trying to simplify multiple debts, the Loansmart team is here to help. Talk to us today for a free loan consultation and let’s explore the smartest solution for your situation. Get a free loan assessment Try our Loan Calculator #### Why We Buy Things We Don’t Need: Understanding the Psychology of Spending Most of us have bought something we didn’t really need.Maybe it was an online order after a stressful day, a new outfit for an event, a phone upgrade that wasn’t urgent, or a few extra items added to the trolley because they were on special. At the time, the purchase might have felt harmless or even justified. But later, you may have looked at your bank account and wondered where your money went.The truth is that spending decisions are not always logical. While we’d like to think we carefully weigh up every purchase, our emotions, habits, and natural desire for reward often play a much bigger role than we realise.Understanding why we spend can help us make better financial decisions and develop healthier money habits over time. Why Our Brains Love Spending Many of us are drawn to instant gratification. In simple terms, we tend to prefer rewards we can enjoy right now rather than benefits we’ll receive in the future. Research in behavioural economics has consistently shown that people often place greater value on immediate rewards than future rewards, even when waiting may lead to a better outcome. That’s one reason spending can feel easier than saving. Buying something new provides an immediate sense of satisfaction, while saving for a future goal often requires patience and self-discipline. Part of the enjoyment comes from anticipation. Browsing online, comparing products, and imagining how a purchase might improve our lives can all feel rewarding. The challenge is that this feeling is usually temporary. Once the excitement fades, it can be tempting to look for the next purchase that delivers the same sense of satisfaction. Over time, this cycle can make it harder to stay focused on longer-term financial goals. However, not everyone responds to spending in the same way. While some people are naturally drawn to the immediate satisfaction of buying something new, others find it difficult to spend money at all, even on things they genuinely need. Researchers sometimes refer to this as the “pain of paying“, suggesting that money decisions are often influenced by emotion, whether we’re inclined to spend or save. Understanding your own tendencies, whether you tend to spend impulsively or avoid spending because you feel anxious about money, can help you make financial decisions that support your goals and well-being. Emotional Spending vs Intentional Spending Not all spending is the same.Emotional spending happens when our feelings influence a purchase. This could be stress, boredom, excitement, frustration, or simply feeling like we’ve earned a reward after a long week.Intentional spending, on the other hand, happens when we make a conscious decision that aligns with our needs, priorities, or financial goals.For example, replacing worn-out work shoes you’ve budgeted for is intentional spending. Buying a new pair because you’ve had a bad day and want a pick-me-up is emotional spending.We also tend to justify purchases when emotions are involved. Thoughts such as “It was on sale“, “I deserve it“, or “It’s only a small amount” can make spending feel reasonable in the moment, even if it wasn’t part of the plan.The goal isn’t to eliminate emotional spending altogether. It’s simply to become more aware of when emotions are driving the decision. How Spending Habits Form Spending habits often develop gradually.A takeaway coffee here, a streaming subscription there, and the occasional online purchase may not seem significant on their own. However, when these expenses become routine, they can have a noticeable impact on your finances.Modern technology has also made spending easier than ever. Saved payment details, one-click checkout, subscription services, and buy now, pay later options remove many of the barriers that once gave us time to reconsider a purchase.The easier spending becomes, the more important it is to remain conscious of our habits. Recognising Your Spending Patterns One of the best ways to improve your relationship with money is to understand your own spending patterns.The next time you make a non-essential purchase, ask yourself:Did the purchase solve a real problem?Did I still feel good about it a few days later?Was it planned, or was it impulsive?You don’t need to judge yourself harshly. The goal is simply to identify patterns and become more aware of the decisions you’re making.You may discover that stress influences your spending, that social media introduces you to products you hadn’t considered, or that small purchases are adding up more than expected.Awareness is often the first step towards positive change. How to Spend More Intentionally Becoming more intentional with your money doesn’t mean saying no to everything you enjoy. It means making spending decisions that reflect your priorities.Behavioural psychologists have found that many spending decisions are driven by impulse rather than careful consideration. One simple way to counter this is to create a pause between the desire to buy something and the purchase itself.A few practical strategies can help:Pause before making non-essential purchases. Some experts recommend using a “24-hour rule” to reduce impulse spending.Use shopping lists when possible. Research has shown that planning purchases in advance can reduce unnecessary spending and improve decision-making.Give yourself a cooling-off period before buying expensive items.Review your bank transactions regularly to identify spending patterns.Track your spending habits so you can recognise recurring triggers.Focus your spending on the things that genuinely matter to you rather than spending out of habit or convenience.Small changes can make a big difference over time. The more intentional you become with your spending, the easier it becomes to balance enjoying life today with working towards future goals. Better Money Decisions Start With Awareness Most people don’t overspend because they’re careless. More often, spending is influenced by emotions, habits, convenience, and our natural desire for immediate rewards.Understanding the psychology behind spending can help you take greater control of your finances. When you’re aware of why you spend, you’re in a better position to make decisions that support your long-term goals.At Loansmart, we believe better financial decisions start with understanding both your money habits and your options. Whether you’re working towards a financial goal, improving your cash flow, or reviewing your current financial commitments, greater awareness can be the first step towards a stronger financial future.All of our Loan Consultants are Financial Advisers, which means they can help you understand the bigger picture when it comes to your finances. By taking the time to understand your circumstances, goals, and challenges, they can provide guidance and advice to help you make informed financial decisions.In the next article, we’ll explore some of the most common spending triggers, including stress, boredom, social media, and peer pressure, and how they can influence the way we spend. SourcesRick, S.I., Cryder, C.E., & Loewenstein, G. (2008). Tightwads and Spendthrifts. Journal of Consumer Research, 34(6), 767–782. Apply Online Now Try our Loan Calculator #### Winter Loans Is Your Home, Car & Budget Winter Ready? The cold weather is on its way, so what better time to get your home, your vehicle, and your finances in check for the chilly months ahead. At Loansmart, we make it easy to winter-proof your life with smarter loans that suit your needs.Whether you’re upgrading from that old ceramic heater, prepping your car for the chilly mornings, or bundling your debts into one easy repayment, a Winter Warm Up Loan can help you stay warm, stay safe, and stay in control. What Is a Winter Loan? A winter loan is a personal loan designed to help you manage seasonal expenses when the colder months roll in.It can be used to upgrade your home heating, service or replace your vehicle to handle winter conditions, or consolidate debts to ease financial pressure when household costs start to rise.At Loansmart, we call it a Winter Warm Up Loan — a smarter way to get your home, car, and budget winter-ready, so you can stay warm, safe, and in control. Upgrade Your Home With a Winter Loan & Stay Cosy Are your heating systems up to the task this winter? With a Loansmart personal loan, it can be easy to:Swap out your old heaters for an energy-efficient heat pumpAdd or upgrade insulation, or add double glazing to retain warmth and lower power billsCreate a cosy backyard oasis with a brand new spaIt’s not just about comfort, it’s a case of saving money too. Investing in your home now can pay off all winter long. Get Your Car Ready For Winter Don’t let a flat battery leave you stranded on a frosty morning, or worn tyres send you skidding.Winter is tough on vehicles, so now’s the perfect time to:Replace tires and brakes for safer handlingService your car or repair lingering issuesUpgrade to a more reliable vehicle if yours is on its last legsWe can offer both secured and unsecured car loans with fast approvals and flexible options to get you moving quickly.How much can I borrow with a winter loan?At Loansmart, you can borrow up to $75,000 unsecured, depending on your financial situation and lending criteria. Both secured and unsecured options are available. Warm Up Your Wallet With Debt Consolidation Feeling the squeeze from rising expenses? You’re not alone. A debt consolidation loan could help you:Combine multiple debts into one manageable repaymentLower your interest rate and reduce financial stressFree up extra cash for winter expenses like heatingAt Loansmart, we don’t rely on cookie-cutter approvals. We take the time to understand your situation and advocate for the best outcome, just like we did for Samantha.Samantha came to us needing $1,000 for a few small bills. We took a deeper look, and we uncovered $29,000 in overdue mortgage and rates payments. We helped her consolidate everything into one easy repayment and gave her the fresh financial start she needed.A winter loan like Samantha’s can make all the difference when you’re juggling overdue bills and seasonal costs. Read more success stories here. Apply Now & Warm Up Your Winter The earlier you act, the more you can save. Whether you’re staying warm, getting your car road ready, or easing financial pressure, a smarter loan from Loansmart can make winter easier.How do I apply for a loan at Loansmart?You can apply online in just 3 minutes by filling out our application form. Once submitted, we’ll review your details and usually get back to you within 1–2 hours. If approved, you could receive your funds the same day.Apply now and enjoy winter without the stress.*Subject to responsible lending Apply Online Now Try our Loan Calculator ### Pages #### 5 Star Reviews “ I had an awesome experience with Loansmart! Applied and was accepted the same day, absolutely hassle free.” - Rochelle We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster 1,000 5 star Reviews Our clients love what we do, and we love helping them.Taking out a loan is a big step. Our team genuinely cares and takes the time to find better options for you.Providing smarter loan solutions is what we do best.Read our reviews to learn about the extra effort we put in for each and every one of our clients. Then give us a call to discuss how we can help you! Outstanding Customer Service Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. How much could you save? Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### About Loansmart “ INCREDIBLE experienced, Fast & Reliable Customer Service. The application process was fast and easy, everything is done online which makes it a whole lot easier." - Kara We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster About Loansmart Loansmart is a trusted finance broker that provides Personal Loans & Car Loans to consumers all across New Zealand. With over 15 years of experience and a class 2 Financial Advice Provider License issued by the Financial Markets Authority, you can rest assured that Loansmart is a reliable and knowledgeable partner for anyone looking for a loan. Our philosophy is to provide competitive loans as quickly as possible, taking the stress out of the borrowing process for our customers. We offer a wide range of loan types and repayment options, ensuring that our customers can find a loan solution that is tailored to their needs. With a commitment to providing excellent service, over 900 five-star Google reviews and a great range of options, we are the go-to choice for anyone seeking a loan in New Zealand. You can view the Loansmart Disclosure Statement here. 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. Get My Loan Today! We look after our customers The Loansmart team really does look after their customers.That’s why we’ve grown so much since 2008. From a team of 2 to a team of 20, Loansmart has helped over 75,000 people get fair and affordable finance. Many of our customers come back to us when there is a future need. Kiwi-As Loansmart is 100% New Zealand owned and operated, with its office based in Newmarket, Auckland. Low Cost Lending Loansmart arranges lending for it’s customers with low cost loan providers offering interest rates between 9.95% to 32.50%. The interest you pay depends on the amount borrowed, your personal circumstances and credit history. Responsible Lending What’s more, we are responsible for disclosure and make every aspect of your loan transparent so there are no surprises. There are no hidden fees and our quick loans have fixed repayments so you will have certainty and peace of mind throughout the period of your loan. Who is Loansmart’s founder? Murray Greig is the founder of Loansmart and has a wealth of experience in the lending and finance industry, with a career spanning 40 years. He began his career in the New Zealand banking industry before moving to the UK where he worked in various lending and account management roles.When he returned to New Zealand he established one of the very first online lending companies back in 1998, Finance Direct. He identified that the big banks weren’t serving consumers as well as they could and decided to offer a boutique solution for customers.Murray is considered a pioneer in online lending and his team has set the standard for customer service and transparency. Murray was at the front of the online lending market, embracing new technologies to make it more efficient and easier, for both lender and borrower.  passionate about helping people Murray is passionate about helping people access the credit they need at a fair price, and his commitment to outstanding customer service has made Loansmart one of the most respected names in the industry.After Finance Direct was sold, he went on to found Loansmart in 2008 and sister companies Loan Direct and Auckland Loans. His whole ethos has always been around speed and service, affordable rates with minimal fuss.Murray and his team also understand the significance of taking out a loan and take their responsibilities as a lender seriously. Loansmart is a registered Financial Service provider – FSP Number 7461 and member of Financial Services Complaints Ltd – our FSCL Number is 617. "We work with our customers throughout the life of their loan, and if they have any concerns or their circumstances change, we work with them to resolve any issues. We want to make life easier for our customers, and we believe that personal finance should be neither costly nor stressful to obtain" Murray Greig - Loansmart Founder Call us Now! Apply Now Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Apply Now Have questions? Need advice? Complete the form below to connect with a Financial Advisor​ Complete the form below to apply. Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Loan Details How much do you need? *What is the money for? *Select a loan purposeRefinance / debt consolidationPurchase Household asset/sVehicle Repairs and MaintenanceVehicle PurchaseHoliday/TravelWedding/Funeral/EventAssisting FamilyRenovations / Home improvementMedical expensesBusiness purchase / expensesOtherAbout you First Name *Middle NameLast Name *Date of Birth *Email Address *EmailConfirm EmailNZ Mobile Number *Gender *MaleFemaleI prefer not to sayAccommodation Details Living Situation *OwnRentingBoardingLiving with ParentsCurrent Address in New Zealand *Valid Photo ID Valid Photo ID is required to obtain a loan. If you currently do not have a valid drivers licence or passport please apply once you have received one. Identification Type *NZ Drivers LicenceNZ PassportOther PassportNZ Driver Licence numberVersion numberExpiry dateNZ Passport numberExpiry dateInternational Passport numberExpiry dateCountry of IssueSelect a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweMore about you Are you a New Zealand Citizen? *YesNoNote - You must live in New Zealand What is your NZ Residency status? *Select an optionResidentWork VisaResident VisaStudent VisaOther VisaCountry of Citizenship *Select a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweCountry of Birth *Select a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweVisa Number *Visa start date *Visa expiry date *How much do you earn each week? *Can someone join the loan with you? *YesNoWe are sorry, but a higher income will be required to have a loan approved How much do they earn weekly? *We are sorry, but a higher income will be required to have a loan approved Is your income likely to change over the next 12 months? *YesNoHow do you expect your income to change? *Are your expenses likely to change over the next 12 months? *YesNoHow do you expect your expenses to change? *Anything extra If there is anything else you would like to tell us: Privacy Declaration *Tick to accept the Privacy DeclarationI consent to electronic disclosure and acknowledge that I have read and agree to the Privacy Declaration.Disclosure Statement *Tick to accept the Disclosure StatementI acknowledge that I have read and understood the Disclosure Statement and the type of advice Loansmart does and does not offer.Apply Now Loans can be approved in one to two hours*. If you have any questions, or need help just give us a call on 0800 255 155 *Subject to responsible lending checks and lending criteria. #### Apply Now (Clear Score) Apply for a loan online! Complete the form to apply Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Loan Details How much do you need? *What is the money for? *Select a loan purposeRefinance / debt consolidationPurchase Household asset/sVehicle Repairs and MaintenanceVehicle PurchaseHoliday/TravelWedding/Funeral/EventAssisting FamilyRenovations / Home improvementMedical expensesBusiness purchase / expensesOtherAbout you First Name *Middle NameLast Name *Date of Birth *Email Address *EmailConfirm EmailNZ Mobile Number *Gender *MaleFemaleI prefer not to sayAccommodation Details Living Situation *OwnRentingBoardingLiving with ParentsCurrent Address in New Zealand *Valid Photo ID Valid Photo ID is required to obtain a loan. If you currently do not have a valid drivers licence or passport please apply once you have received one. Identification Type *NZ Drivers LicenceNZ PassportOther PassportNZ Driver Licence numberVersion numberExpiry dateNZ Passport numberExpiry dateInternational Passport numberExpiry dateCountry of IssueSelect a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweMore about you Are you a New Zealand Citizen? *YesNoNote - You must live in New Zealand What is your NZ Residency status? *Select an optionResidentWork VisaResident VisaStudent VisaOther VisaCountry of Citizenship *Select a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweCountry of Birth *Select a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweVisa Number *Visa start date *Visa expiry date *How much do you earn each week? *Can someone join the loan with you? *YesNoWe are sorry, but a higher income will be required to have a loan approved How much do they earn weekly? *We are sorry, but a higher income will be required to have a loan approved Is your income likely to change over the next 12 months? *YesNoHow do you expect your income to change? *Are your expenses likely to change over the next 12 months? *YesNoHow do you expect your expenses to change? *Anything extra If there is anything else you would like to tell us: Privacy Declaration *Tick to accept the Privacy DeclarationI consent to electronic disclosure and acknowledge that I have read and agree to the Privacy Declaration.Disclosure Statement *Tick to accept the Disclosure StatementI acknowledge that I have read and understood the Disclosure Statement and the type of advice Loansmart does and does not offer.Apply Now Loans can be approved in one to two hours*. If you have any questions, or need help just give us a call on 0800 255 155 *Subject to responsible lending checks and lending criteria. #### Apply Now (Steel Frames) Apply for a loan online! Complete the form to apply Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Loan Details How much do you need? *What is the money for? *Select a loan purposeRefinance / debt consolidationPurchase Household asset/sVehicle Repairs and MaintenanceVehicle PurchaseHoliday/TravelWedding/Funeral/EventAssisting FamilyRenovations / Home improvementMedical expensesBusiness purchase / expensesOtherAbout you First Name *Middle NameLast Name *Date of Birth *Email Address *EmailConfirm EmailNZ Mobile Number *Gender *MaleFemaleI prefer not to sayAccommodation Details Living Situation *OwnRentingBoardingLiving with ParentsCurrent Address in New Zealand *Valid Photo ID Valid Photo ID is required to obtain a loan. If you currently do not have a valid drivers licence or passport please apply once you have received one. Identification Type *NZ Drivers LicenceNZ PassportOther PassportNZ Driver Licence numberVersion numberExpiry dateNZ Passport numberExpiry dateInternational Passport numberExpiry dateCountry of IssueSelect a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweMore about you Are you a New Zealand Citizen? *YesNoNote - You must live in New Zealand What is your NZ Residency status? *Select an optionResidentWork VisaResident VisaStudent VisaOther VisaCountry of Citizenship *Select a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweCountry of Birth *Select a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweVisa Number *Visa start date *Visa expiry date *How much do you earn each week? *Can someone join the loan with you? *YesNoWe are sorry, but a higher income will be required to have a loan approved How much do they earn weekly? *We are sorry, but a higher income will be required to have a loan approved Is your income likely to change over the next 12 months? *YesNoHow do you expect your income to change? *Are your expenses likely to change over the next 12 months? *YesNoHow do you expect your expenses to change? *Anything extra If there is anything else you would like to tell us: Privacy Declaration *Tick to accept the Privacy DeclarationI consent to electronic disclosure and acknowledge that I have read and agree to the Privacy Declaration.Disclosure Statement *Tick to accept the Disclosure StatementI acknowledge that I have read and understood the Disclosure Statement and the type of advice Loansmart does and does not offer.Apply Now #### Apply Now Conversation Apply for a Loan Now #### Apply Now Long Page “ I highly recommend Loansmart...fast, easy, honest, polite guidance which resulted in me being approved. The whole process was less than a day.” - Andrew We Make It Easy Rates From 9.95%* We Provide More Options Apply for a loan online! Complete the form to apply Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Loan Details How much do you need? *What is the money for? *Select a loan purposeRefinance / debt consolidationPurchase Household asset/sVehicle Repairs and MaintenanceVehicle PurchaseHoliday/TravelWedding/Funeral/EventAssisting FamilyRenovations / Home improvementMedical expensesBusiness purchase / expensesOtherAbout you First Name *Middle NameLast Name *Date of Birth *Email Address *EmailConfirm EmailNZ Mobile Number *Gender *MaleFemaleI prefer not to sayAccommodation Details Living Situation *OwnRentingBoardingLiving with ParentsCurrent Address in New Zealand *Valid Photo ID Valid Photo ID is required to obtain a loan. If you currently do not have a valid drivers licence or passport please apply once you have received one. Identification Type *NZ Drivers LicenceNZ PassportOther PassportNZ Driver Licence numberVersion numberExpiry dateNZ Passport numberExpiry dateInternational Passport numberExpiry dateCountry of IssueSelect a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweMore about you Are you a New Zealand Citizen? *YesNoNote - You must live in New Zealand What is your NZ Residency status? *Select an optionResidentWork VisaResident VisaStudent VisaOther VisaCountry of Citizenship *Select a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweCountry of Birth *Select a countryNew ZealandAustraliaAndorraUnited Arab Emirates (the)AfghanistanAntigua and BarbudaAnguillaAlbaniaArmeniaAngolaAntarcticaArgentinaAmerican SamoaAustriaAustraliaArubaÅland IslandsAzerbaijanBosnia and HerzegovinaBarbadosBangladeshBelgiumBurkina FasoBulgariaBahrainBurundiBeninSaint BarthélemyBermudaBrunei DarussalamBolivia (Plurinational State of)BrazilBahamas (the)BhutanBouvet IslandBotswanaBelarusBelizeCanadaCocos (Keeling) Islands (the)Congo (the Democratic Republic of the)Central African Republic (the)Congo (the)SwitzerlandCôte d'IvoireCook Islands (the)ChileCameroonChinaColombiaCosta RicaCubaCabo VerdeCuraçaoChristmas IslandCyprusCzech Republic (the)GermanyDjiboutiDenmarkDominicaDominican Republic (the)AlgeriaEcuadorEstoniaEgyptWestern SaharaEritreaSpainEthiopiaFinlandFijiFalkland Islands (the) [Malvinas]Micronesia (Federated States of)Faroe Islands (the)FranceGabonUnited KingdomGrenadaGeorgiaFrench GuianaGuernseyGhanaGibraltarGreenlandGambia (the)GuineaGuadeloupeEquatorial GuineaGreeceSouth Georgia and the South Sandwich IslandsGuatemalaGuamGuinea-BissauGuyanaHong KongHeard Island and McDonald IslandsHondurasCroatiaHaitiHungaryUpper VoltaIndonesiaIrelandIsraelIsle of ManIndiaBritish Indian Ocean Territory (the)IraqIran (Islamic Republic of)IcelandItalyJerseyJamaicaJordanJapanKenyaKyrgyzstanCambodiaKiribatiComoros (the)Saint Kitts and NevisKorea (the Democratic People's Republic of)Korea (the Republic of)KuwaitCayman Islands (the)KazakhstanLao People's Democratic Republic (the)LebanonSaint LuciaLiechtensteinSri LankaLiberiaLesothoLithuaniaLuxembourgLatviaLibyaMoroccoMonacoMoldova (the Republic of)MontenegroSaint Martin (French part)MadagascarMarshall Islands (the)Macedonia (the former Yugoslav Republic of)MaliMyanmarMongoliaMacaoNorthern Mariana Islands (the)MartiniqueMauritaniaMontserratMaltaMauritiusMaldivesMalawiMexicoMalaysiaMozambiqueNamibiaNew CaledoniaNiger (the)Norfolk IslandNigeriaNicaraguaNetherlands (the)NorwayNepalNauruNiueNew ZealandOmanPanamaPeruFrench PolynesiaPapua New GuineaPhilippines (the)PakistanPolandSaint Pierre and MiquelonPitcairnPuerto RicoPortugalPalauParaguayQatarRéunionRomaniaSerbiaRussian Federation (the)RwandaSaudi ArabiaSolomon IslandsSeychellesSudan (the)SwedenSingaporeSloveniaSvalbard and Jan MayenSlovakiaSierra LeoneSan MarinoSenegalSomaliaSurinameSouth SudanSao Tome and PrincipeEl SalvadorSint Maarten (Dutch part)Syrian Arab RepublicSwazilandTurks and Caicos Islands (the)ChadFrench Southern Territories (the)TogoThailandTajikistanTokelauTimor-LesteTurkmenistanTunisiaTongaTurkeyTrinidad and TobagoTuvaluTaiwan (Province of China)UkraineUgandaJohnston IslandMidway IslandsUnited States Minor Outlying Islands (the)United StatesUruguayUzbekistanHoly See (the)Saint Vincent and the GrenadinesVenezuela (Bolivarian Republic of)Virgin Islands (British)Virgin Islands (U.S.)Viet NamVanuatuWallis and FutunaSamoaYemenMayotteSouth AfricaZambiaSouthern RhodesiaZimbabweVisa Number *Visa start date *Visa expiry date *How much do you earn each week? *Can someone join the loan with you? *YesNoWe are sorry, but a higher income will be required to have a loan approved How much do they earn weekly? *We are sorry, but a higher income will be required to have a loan approved Is your income likely to change over the next 12 months? *YesNoHow do you expect your income to change? *Are your expenses likely to change over the next 12 months? *YesNoHow do you expect your expenses to change? *Anything extra If there is anything else you would like to tell us: Privacy Declaration *Tick to accept the Privacy DeclarationI consent to electronic disclosure and acknowledge that I have read and agree to the Privacy Declaration.Disclosure Statement *Tick to accept the Disclosure StatementI acknowledge that I have read and understood the Disclosure Statement and the type of advice Loansmart does and does not offer.Apply Now Smarter Loans >>> Faster To provide the very best Loan experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a company that cares Loans can be approved in one to two hours*. If you have any questions, or need help just give us a call on 0800 255 155*Subject to responsible lending checks and lending criteria. WHY LOANSMART​ Looking for a team that can arrange professional, low cost lending without all the hassle? Prefer to deal with one that’s proven with hundreds of 5-star reviews? You’ve found us! Fairer fees, lower interest ratesRates from 9.95%*Approval in one-two hours*Same day payout*Easy, 100% online or phone processFriendly, experienced teamMore options tailored to youLoansmart has been helping New Zealanders with their borrowing needs since 2008. Much of our the loans we arrange now are for existing customers. This is because our customers love what we do, and we love helping them.Choose a company that works hard to provide the best loans.*Subject to responsible lending checks and lending criteria. Choose a loan company that works hard for you Once we have a good understanding of your personal situation and goals, we start to explore options. We are a company that goes the extra mile to provide smart solutions, which is why we’re called Loansmart! Your current situation How many loans do you currently have?How much are you paying for them?What is your financial situation? Your desired future How much would you like to borrow?How much can you afford to pay each month?When would you like to have your loan paid off? No Hoop Jumping Required! Loansmart arranges lending without the hassle of a drawn out process. We won’t make you jump through hoops, instead we jump them for you!We work hard to find you a great dealWe provide you with more optionsWe move fast so you get your funds sooner Get My Loan Today! Kiwi-As! Loansmart is 100% New Zealand owned and operated company. We’ve been helping tens of thousands of Kiwis for over 17 years. No matter where you are in the country we can assist you to get back on track, get ahead and get sorted. Low Cost Lending There are two types of lenders – ‘High Cost’ and ‘Low Cost’. By definition anyone who charges more than 50% is a high cost lender. All our loan providers are low cost lenders with interest rates between 9.95% to 32.50%. The interest you pay depends on the amount borrowed, your personal circumstances and credit history. We Say Yes More Often Had lending declined? We may be able to help. There isn’t a lending situation we haven’t encountered before and we can find solutions for most. Not all situations will meet our lending requirements; however, once we have an idea of your individual circumstances we can put forward a good case on your behalf. Apply online or call us to get started. Yes, We Offer Bad Credit Loans Even if you’ve defaulted on loans in the past, it’s quite possible we can help you get the money you need now. Our team gets to know your lending situation, and what’s changed for you. We’re interested in your story.Find out more about our Second Chance loans. Trusted & Preferred We are committed to responsible lending to make every aspect of your loan transparent so there are no surprises.There are no hidden fees and our quick loans have fixed repayments so you will have certainty and peace of mind throughout the period of your loan. Fast, Easy Process Once you’ve applied for a loan with Loansmart, you can sit back and let us take care of the process for you. Our professional team will keep you in the loop so you know exactly where you’re at with your application.We work fast, so you get your loan approved faster. Once your loan is approved, and final steps completed, you can receive payment that day or overnight*!*Subject to responsible lending checks. Personal Loan Consultant You’ll be assigned a Personal Loan Consultant, who will be with you for the duration of your loan.If you have any questions or your circumstances change, just give them a call. Having someone who understands you, means you don’t have to explain your financial situation over and over again. Experienced & Friendly Team Taking out a loan is a big step. Our team genuinely cares and works hard to get your loan approved while also taking the time to find better options for you.Providing smarter loan solutions is what we do best.Read our 5 Star reviews to learn about the extra effort we put in for each and everyone of our clients. Get A Free Loan Assessment Loansmart is a highly reputable company that’s been lending since 2008. Our experienced Personal Loan Consultants work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! Call us Now! Apply Now #### Bad Credit Car Loans “ Very happy with the outcome of my application with Loansmart. After another institution declined my loan due to bad credit, Loansmart approved it on a better rate!” - Elijohn We Make It Easy Rates From 9.95%* We Provide More Options More options for more chances of success Bad Credit Car Loans Need a car loan but have a bad credit history?There’s a good chance we can help you arrange a bad credit car loan today. Loansmart can arrange loans through our providers, and a fee to use our service only applies if you enter into a loan arranged by us. Don’t let a bad credit score prevent you from owning a new car. A bad credit loan from Loansmart can enable you to drive away in the car you choose while paying less interest and loan costs. We work with low cost lenders that offer lots of options, even to people with bad credit.Faster approval process & paymentsLower interest rates (we are not a high cost lender)More options for more chance of successAffordable, fixed loan term options of up to 7 yearsEasy & free online loan application processBad credit car loans are quick and easy with us. We provide two options: secured loans and unsecured loans. Which is best for you depends on your personal situation and credit score. Get My Loan Today! What are Bad Credit Car Loans? Bad credit car loans are personal loans specifically for individuals with a bad credit rating to buy a car. Unlike other loan companies or banks, we believe in second chances.We’re interested in your story and the details of your current situation. We take time to find out why you have a bad credit score, and how your financial situation has improved and do everything we can to help you!Many people have bad credit scores, but with a second chance and the proper loan structure, it can be improved. Apply Now! More options for more chances of success Loansmart wants to give our clients some breathing room, not place them under more pressure. We strive to set you up for repayment success, not failure.  Call us Now! Apply Now Buying A Car With Bad Credit Loansmart arranges lows with low-cost lenders, this means we don’t charge high-interest rates for any of our loans, and yes that includes Bad Credit Car Loans. Our loan rates range from 9.95% – 35.50%.High-cost lenders charge interest rates of above 50%, so you end up paying a lot more in loan costs. High-cost lenders typically offer very short loan periods, which makes it harder to meet your loan repayments. Credit defaults are the last thing you need if your score is low.By taking out a lower-cost loan over a longer period, you’re not putting yourself under unneeded pressure. This means you’ll be more likely to meet your repayments on time and improve your credit report.If you have a poor credit history, you may pay towards the upper end of our interest rate range, but this is still a lot lower than other loan companies that charge 50% or more! Call us Now! Do I need security? Will I be approved? Bad credit loan approval is dependent on factors such as your disposable income and financial situation. Not all borrowers will meet our requirements, but most do! The eligibility criteria we can offer our customers is much broader than other lenders. We want to help and will do what we can to get your loan approved. In some situations this will require you to provide security, we call these secured loans.We want to give our clients some breathing room, not place them under more pressure. We also offer flexible loan terms of up to 7 years. How Much Could You Borrow? Can I pick my own car? Other bad credit car loan companies require you to pick from a list of (often not so nice) vehicles. With Loansmart you decide. If you find you something on TradeMe, or want to bid at an auction, we provide the funds for you to do so.We don’t think a poor credit history should limit your choice. That’s why when you get an unsecured bad credit car loan with Loansmart you have full control over what car you pick, no pre-approval is required.However, If you do not qualify for an unsecured loan, and do need security to get your loan approved, our secured loans will require pre-approval to confirm a maximum loan size and your chosen vehicle. Call us Now! How do I apply for a Bad Credit Car Loan? It’s easy! Simply fill out our quick online application form and provide us with a copy of your Photo ID (so we can verify it’s you).We will also need access to your recent bank statements as proof of regular income & expenses, but we make that super easy too and send you a secure link that enables us to view them online.Then one of our friendly Personal Loan Consultants will get in touch with you to discuss the details of your application and try to have funds approved! Apply Now! UNSECURED BAD CREDIT CAR LOANS At Loansmart we focus on meeting your needs, without making you jump through hoops!Borrow up to $75,000 unsecuredSpread your repayments over 6 months to 7 yearsNo drawn-out bank process or tiresome paperwork (easy & free online loan application process)With an Unsecured Loan, you will be a cash buyer. You can negotiate with the seller knowing your vehicle finance is sorted. You can purchase privately through Trademe or through a dealership.What’s more, you get the full say over your vehicle options. You don’t need us to agree to your choice, so you’re well and truly in the driver’s seat! How Much Could You Borrow? SECURED BAD CREDIT CAR LOANS Borrow more than $50,000Or less than $50,000 (if your personal credit score or financial situation requires it)Pay less in interest* (we are a low-cost lender)For loans exceeding $50,000, we’ll need to use your car as security. The process is a little more involved, but we move fast to get your finance approved and payment to you ASAP.As part of the Loansmart service, we check the vehicle ownership for you to make sure there is no money owed (or stolen). We also ensure that the car loan proceeds go to the right person and that once purchased the vehicle transfer paperwork is completed. The car needs to be ‘acceptable’ to us first, and so you do need pre-approval before purchasing.If you’re struggling to meet our lending criteria, then using your car as security may be the easiest way to get approval. One of our Loan Consultants will assess your application and explain your options.For more details on Secured Loans you can phone us on 0800 255 155. Call us Now! Smarter Loans >>> Faster We care about our clients If you’ve struggled with paying bills or had a bad credit score in the past, the last thing we want to do is put you under more stress. Instead, we help by finding loan repayments you can afford, with fairer fees and lower interest rates. Time payments to when you get paid, and spread your repayments out over a longer period so they’re easier to meet. Giving yourself a bit of ‘wriggle room’ can help ensure you don’t miss repayments in the future, so you can rebuild your credit score! To provide you with the best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Call us now! Bad Credit Debt Consolidation Loans Another product we offer our customers is bad credit debt consolidation loans. If you’re struggling to keep up with multiple payments, or paying high-interest rates then this solution can help.A debt consolidation loan enables you to:Bring all your debts into one loanSpread your repayments out over a longer period so repayments are more affordablePay low-cost lending interest rates instead of highBy setting yourself up for success, you can meet your repayments on time and improve your credit score. Want to know how much you could save in interest? Get A Free Loan Assessment A lot of people think they have a bad credit score, but … In actual fact it’s not that bad at all. If you need a bad credit car loan, it’s really important you don’t pay more than you have to. Some people take the first loan they can get thinking that due to their poor credit score they may not have other options.Sadly, they end up paying huge interest rates and fees resulting in high repayments. The last thing you want is to struggle with repayments and default on your loan, and if lending costs are high it’s easy to do. Be sure to give us a call first on 0800 255 155.Not all situations will meet our lending requirements; however, once we have the details of your individual circumstances we do everything we can to help. Complete our online application form to get started. Get My Loan Today! Why Loansmart Don't Pay More Than You Need Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Bad Credit Debt Consolidation Loans “ Very happy with the outcome of my application with Loansmart. After another institution declined my loan due to bad credit, Loansmart was able to get an approval for me with an even lower interest rate!” - Elijohn We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Bad Credit Debt Consolidation Loans Are you borrowing money to pay off other debts? Do you have bad credit? If so, a bad credit debt consolidation loan may be the best option for you. Loansmart can arrange loans through our providers, and a fee to use our service only applies if you enter into a loan arranged by us.Pay off overdue billsGet a fairer interest rateSpread payments out over a longer periodMake one affordable payment when you get paidTake control of your debt and give yourself a bit of wriggle room. With only one payment to make each time that you’re paid, budgeting becomes a lot easier and you can save on fees and interest rates. Get My Loan Today! We care about our clients If you’ve struggled with paying bills in the past, the last thing we want to do is put you under more stress. Instead, we help by finding a repayment solution you can afford, with fairer fees and lower interest rates.Giving yourself a bit of ‘wriggle room’ can help ensure you don’t miss repayments in the future, so you can rebuild your credit score! Apply Now give yourself a bit of wriggle room Loansmart wants to give our clients some breathing room, not place them under more pressure. We strive to set you up for repayment success, not failure. Call us Now! Apply Now How much interest will I pay on bad credit debt consolidation loans? If your credit score is poor, you may pay a higher interest rate therefore repayment amount and life of the loan will differ. But credit scores can be improved, and it often doesn’t take long. If you focus on meeting your monthly repayments on time, you can turn it around.But it starts with ensuring you’re not paying more in loan costs than you need to. Getting the most affordable loan for you is the best place to start.We don’t want to set you up to fail, so we work hard to find you smarter, more affordable options. In about 10 minutes you’ll have a good idea of what your options are.Apply online today or give us a call on 0800 255 155. Call us Now! Smarter Loans >>> Faster We Get To Know You Once we have a good understanding of your personal situation and goals, we start to explore options. We look outside the box and go the extra mile to provide smart solutions, which is why we’re called Loansmart! To provide you with the best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Call us now! Applied elsewhere but been declined? Loansmart can provide more options than other lenders.With more options, you have more chance of getting your loan approved. Apply Now! Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Bad Credit Loans “ They made everything so easy. I had a person with empathy for my situation. Bloody good job all round.” - Jeremy We Make It Easy Rates From 9.95% We Say Yes More Often Putting Your Financial Wellbeing First Bad Credit Loans Had a loan application declined? Is your credit history less than perfect? We may be able to help. Loansmart compares loan options from 11 low-cost lenders, helping eligible borrowers explore bad credit loan solutions through a single application. We’ve encountered every type of lending situation before, and can provide affordable loan solutions to most of them.  Our financial advisors work hard to find solutions with:Faster approvalsLower interest rates (we are not a high cost lender)More finance options for more chances of successAffordable, fixed repayments on loan terms of up to 7 yearsWhat’s more, our online application process is easy – It only takes 3 minutes! Get My Loan Today! We are interested in your story Our team gets to know you. We’re interested in your story and what’s changed for you.We take time to find out why you have a poor credit scoreWe learn how your current situation has improvedWe do everything we can to help you get a loan with affordable monthly repaymentsLoansmart can arrange Second Chance Loans, as well as Bad Credit Car Loans and Bad Credit Debt Consolidation Loans. Why Loansmart Responsible Lending With More Loan Options At Loansmart, you apply once and we compare offers from 11 low-cost lenders. As financial advisers and members of the Financial Services Federation, we explain the pros and cons of each option so you can choose what’s most suitable for your situation.Our role goes beyond matching you with a lender. We focus on supporting your long-term financial wellbeing by helping you understand how each loan could affect your finances now and in the future. This adviser-led approach, backed by our FSF membership, reflects our commitment to responsible lending and putting client interests first. Call us Now! Apply Now Get a second chance with bad credit loans If you can show how you’ve improved your situation, or have a reasonable explanation for any defaults with your credit, we may still be able to get you the cash you need.Many people have a poor credit history, but with a second chance and the proper loan structure, they can improve it. The first step is to ensure your repayments are affordable and that you’re not paying more than you need to in loan costs. Bad Credit Debt Consolidation Loans can be a great way to save on fees and interest. If you already have other loans, call us to see how much you could save.All loans arranged by Loansmart need to be responsible. We try to give our clients the most affordable payment options to give our customers breathing room, and not place them under more pressure. We strive to set you up for repayment success, not failure. Call us now! FAQs for Bad Credit Loans Can I Get A Loan With Bad Credit? Yes. Having bad credit does not automatically mean you cannot get a loan. Many lenders consider factors such as your income, current financial situation, employment stability, existing commitments, and ability to afford repayments. While your credit history is important, responsible lenders assess your overall circumstances rather than relying on your credit score alone.If you’ve experienced defaults, missed repayments, or previous credit declines, there may still be loan options available depending on your situation.We believe in second chances which is why we try to offer a range of bad credit Personal Loan options including Bad Credit Debt Consolidation Loans and Bad Credit Car Loans. Loan approval is dependent on your current monthly income and financial position, but we try our best to help you. Give us a call today on 0800 255 155 or fill out an online loan application. What is a Bad Credit Score? A credit score below 300 is generally considered poor. However, lenders assess more than just your credit score. Factors such as your income, expenses, employment stability, and ability to meet repayments can also influence lending decisions.If you don’t know why your score is this low, ask yourself –Have I consistently failed to pay my bills on time e.g. power, internet?Are you under 21 years of age?Have I defaulted on any other loans?Have I applied for credit many times in a short period of time?Have I been declined credit multiple times? How Do I Choose the Right Lender if I Have Bad Credit? If you have bad credit, there are three key factors to consider when choosing a lender.Work with a loan broker that offers multiple options.A loan broker can compare loan options from more than one lender, which may improve your chances of finding a loan that suits your circumstances. Having access to multiple lenders allows you to compare interest rates, repayment terms, and affordability rather than being limited to a single provider.Check whether the broker is an accredited financial adviser.Financial advisers have additional obligations to explain the pros and cons of each loan option and help identify which option is most suitable for your situation. This is especially important with bad credit, where the fastest or easiest loan isn’t always the best long-term choice.Choose a provider that is a member of the Financial Services Federation (FSF).FSF membership indicates a commitment to responsible lending, transparency, and borrower financial wellbeing. This added layer of accountability can provide reassurance that affordability and long-term outcomes are being prioritised. What is a Credit Score? A credit score is a personal rating given to you, to show how good you are with money. It impacts your chances of receiving a loan, and how much interest you pay for that loan.In New Zealand a credit score is a number between 0 and 1000 that indicates how credit-worthy you are. The higher the score, the better your credit rating. Anything above 500 is considered ‘good’. According to Canstar, most people have a credit score between 650 – 768 (above average).800 – 999 (excellent)Scores in this range are highly coveted. If you fall within this range, congratulations! Reaching this level takes time and consistent good behaviour. It means you’ve built up a strong credit history over time by always paying your bills when they’re due. It also means you haven’t defaulted on any loans.700 – 799 (very good)A score above 700 is also one to be pleased with. It too means you’ve built up a good credit history overtime. Perhaps you don’t have as long of a strong credit history, but it’s good nonetheless! Most people fit in this range and in the range below.500 – 699 (average)An average score is a healthy score and in most cases means you haven’t defaulted on any loans or been declared bankrupt. Continue to pay your bills when they’re due, and make sure you don’t apply for credit too many times as that can impact your score.300 and 499 (fair)If you fit in this range, you could be too young to have built up a credit score, have failed to pay bills on time, defaulted on loans or been declared bankrupt. Check the tips below on how to improve your credit score.You need to think carefully about who you apply for credit with, as more declines will further negatively impact your score.0 – 299 (low)Unfortunately you are in the riskiest group to lend too. If you’re in this group you probably have a fair idea as to why. It could be that you’ve been consistently late paying your bills, have payment defaults or other negative information on file. If you feel this score is not accurate, and you want to dispute it, the good news is that you can and you should! Learn more about how to correct a credit score. What Can Cause a Low Credit Score? A low credit score can result from several factors, including:Late payment of household billsLoan defaultsMultiple credit applications within a short periodPrevious credit declinesActing as a guarantor on a defaulted loanHaving a limited credit historyThe most common causes of a low credit score are explained below.1. You’re late paying your bills:Did you know that every time you’re late paying an internet or power bill, it can affect your credit score? We’ve come across many situations where people were surprised they had a low score. Many own their own homes and have good incomes, but didn’t realise that by missing due dates by just a few days, it was causing their score to slump. If you’re paid monthly, as many salary earners are, and your bills are not timed with when you get paid, this is an easy situation to get into.2. You’re young:But that’s not your fault! If you’re young it’s likely your score will be lower, as you haven’t had time to build up a credit history. We understand that, and work hard to find young borrowers solutions. After all, the best way to improve your credit score is to consistently meet your loan repayments. So it’s a bit of a catch-22 this one!3. You’ve defaulted on loans or acted as a guarantor to someone who has defaulted on loans:If you’ve defaulted on a loan in the past, then it’s highly likely you’ll have a very poor rating. We also come across situations where applicants have acted as a guarantor for children or partners who have defaulted on loans. Sadly, as a guarantor, if you fail to meet those repayments on their behalf, it impacts your credit score too. So that good deed could end up costing you dearly.4. You’ve applied for credit too many times, or been declined:See the section below on ‘Does Applying For Credit Impact My Score’. When Will My Credit Score Improve? Credit scores can improve over time as your financial situation changes and you demonstrate responsible borrowing behaviour. Paying your bills and loan repayments on time, reducing existing debt, and avoiding unnecessary credit applications can all help improve your credit profile. Negative information on your credit report also becomes less significant as it gets older, particularly if you maintain a positive repayment history.If you’re actively working to improve your credit score, consistent financial habits can make a noticeable difference over time. For practical tips, read our guide on How to Increase Your Credit Score in 6 Months. How Can I Improve My Credit? The most effective ways to improve your credit score are:Pay all bills and loan repayments on time.Reduce outstanding debt where possible.Keep credit card balances low.Avoid making multiple credit applications within a short period.Check your credit report regularly and correct any errors.Improving your credit score takes time, but consistent positive financial behaviour can strengthen your credit profile and improve your future borrowing options.For a detailed guide, read How to Increase Your Credit Score in 6 Months.If you’re worried about not being able to meet your existing loan repayments, or are finding it a bit of a struggle, you may want to apply for a bad credit debt consolidation loan. Finding a more affordable repayment plan, is a step in the right direction to helping you rebuild your credit profile. You may also find your loan costs are lowered, as having one large low cost loan is likely more affordable than lots of high cost loans.We recommend the following online resources:Sorted: Budgeting ToolSorted: How Credit History and Scores WorkConsumer Protection: How credit scores work, the impact of bad credit, and how to improve your score How Do I Check My Credit Score? Most New Zealanders are unsure of their current credit rating, so don’t despair if you’re in the dark about your credit profile. The New Zealand Government has a great guide on How To Check Your Own Credit Score. Every time you apply for a loan a credit check is completed so it helps to know your credit score before you apply. Where Can I Get Help With My Finances? If you have a bad credit rating, or are having trouble paying your bills, you can get support from a qualified professional. MoneyTalks, is a free financial helpline for advice and support from trained financial counsellors. MoneyTalks can also connect you with services in your community. Don’t wait for things to get so bad that you find yourself against a rock and a hard place! Seek support now. Does Applying For a Loan Impact My Credit Score? Short answer – ‘yes’. Every time you apply for a loan, a credit check is completed. Details of credit checks are kept on file for around three to five years. If you are applying for many loans in a short period of time, it can negatively impact your score. This is because it could indicate that you’re applying for more credit than you can afford to repay. You can learn more about what impacts credit scores on the Government’s consumer protection website.The key thing to remember is this – when applying for a loan, it’s vital to choose the right company. Here are three factors to consider when deciding who to apply with.1. Choose a low-cost provider. High-cost loans can impact your credit score. Loansmart arranges loans with low-cost lenders. The maximum interest rate is 32.50%, and the lowest interest rate is 9.95%.2. Choose a reputable company. Loansmart is trusted and preferred by tens of thousands of clients across NZ. Many of the loans we arrange now are to existing clients, this is because they trust us to provide great solutions. Having been in business since 2008, we’re proven, experienced and extremely good at what we do! Review our 5-star Loan Reviews on Google My Business.3. Choose a lender that can provide more options, for more chances of success. You’ve got a good chance of getting your application approved with Loansmart. We have a range of loan providers to approach. Loansmart gives you access to more options and a more inclusive lending criteria.Remember, every time you apply for a loan a credit check is completed. Credit checks impact your score. So choose a provider that’s more likely to be able to offer you a solution, so you don’t have to keep applying! Do You Offer No Credit Check Loans? If you’re searching for “no credit check loans online instant approval” or just ‘no credit check loans’, you likely have bad credit and need money urgently. We still may be able to help you. Check out this article. Do You Offer Instant Loans? Loansmart specialises in providing super quick solutions to people looking for instant loans.There’s no such thing as an “instant loan”, but if you’re searching for one then you probably need cash quickly.Same-day loans are definitely possible, but any responsible lender will need to carry out some checks before lending you money to make sure you can afford the repayments. How Much Can I Borrow? The acid test here is how much you can afford to repay. The last thing you want to do is put yourself under more financial pressure, default on loans or fail to meet your payments on time. Call us for a FREE Loan Assessment. We’ll talk you through your options. If you have loans already, we’ll see what you can potentially save on loan costs by consolidating your debts into one low-cost loan. What Are Your Loan Terms? The minimum loan repayment term available is 6 months, while the maximum available is 7 years. Smarter Loans >>> Faster We care about our clients If you’ve struggled with paying bills in the past, the last thing we want to do is put you under more stress. Instead, we help by finding a loan repayment solution you can afford. Giving yourself a bit of ‘wriggle room’ can help ensure you don’t miss payments in the future, so you can rebuild your bad credit history! We are not high cost lenders, so we offer fairer fees and lower interest rates on our quick loans. To provide you with the very best lending experience we Move Fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make It Easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make It Enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make It Affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Call us Now! Apply Now A lot of people think they have bad credit, but … In actual fact it’s not that bad at all. If you need an Emergency Loan, it’s really important you don’t pay more than you have to. Some people take the first loan they can get thinking they may not have other options.Sadly, they end up paying huge interest rates and fees. The last thing you want is to default on loan payments, and if lending costs are high it’s easy to do. Unlike other bad credit lenders we keep our costs low to help you to meet your repayments on time and ultimately improve your credit rating. Give us a call first on 0800 255 155 to discuss how we can help you today.Not all situations will meet  lending requirements; however, once we have an idea of your individual circumstances we do everything we can to help.Complete our application form to get started or call 0800 255 155 for assistance with the loan process. Get My Loan Today! Don't Pay More Than You Need Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Be Better With Money: Tips & Strategies Be Better With Money: Tips & Tricks Looking to get on top of your money? You’re in the right spot. We’ve put together easy, practical tips to help you spend smarter, save better, and feel good about your finances. No jargon, no complicated stuff — just simple ideas you can actually use. Check it out and start being better with money today. Top Resources For Be Better With Money: Tips & Tricks The Financial Habits Keeping You Stuck How to Spend More Intentionally Without Feeling Deprived Lifestyle Creep: Why Earning More Doesn’t Always Mean Having More Money The Small Purchase Trap: Where Your Money Really Goes Dealing With Mortgage Arrears: How to Regain Control of Your Debt How Retailers Encourage You to Spend More The Financial Habits Keeping You Stuck August 12, 2026 When people feel like they're not getting ahead financially, it's easy to assume the problem is income. Read More → How to Spend More Intentionally Without Feeling Deprived July 31, 2026 When people think about budgeting or improving their finances, they often imagine giving things up. Read More → Lifestyle Creep: Why Earning More Doesn’t Always Mean Having More Money July 22, 2026 Getting a pay rise, starting a better job, or increasing your household income should make life feel easier. Read More → The Small Purchase Trap: Where Your Money Really Goes July 16, 2026 Most people know exactly how much they spend on rent, mortgage payments, or vehicle repayments. Read More → Dealing With Mortgage Arrears: How to Regain Control of Your Debt July 10, 2026 Mortgage arrears occur when you fall behind on your home loan repayments. While missing a repayment doesn't automatically mean you'll lose your home... Read More → How Retailers Encourage You to Spend More June 29, 2026 Modern retailers invest significant time and money into understanding consumer behaviour. Read More → The Hidden Triggers Behind Your Spending Habits June 20, 2026 Have you ever bought something and immediately wondered why? Read More → Why We Buy Things We Don’t Need: Understanding the Psychology of Spending June 12, 2026 Understanding why we spend can help us make better financial decisions and develop healthier money habits over time. Read More → Hidden Money Drains: 6 Subscriptions You Probably Forgot You’re Paying For October 20, 2025 Do you ever review your bank statement and wonder where your money’s gone? You’re not alone. Read More → The Real Cost of Being Late: How Small Fees Add Up to Big Losses October 16, 2025 Late fees can feel like minor inconveniences — $10 here, $25 there — but over a year... Read More → Smart Ways to Budget for Big Life Events: Weddings, Babies, and First Homes September 25, 2025 Big life events are exciting, emotional, and usually quite expensive... Read More → How To Increase Credit Score in 6 Months September 12, 2025 Your credit score is like a financial report card – it tells lenders how reliable you are with money. Read More → How to Stay on Top of Your Finances During a Cost-of-Living Crunch August 12, 2025 When everything from groceries to petrol to power bills is getting more expensive, it’s easy to feel overwhelmed... Read More → Signs It’s Time to Consolidate Your Debts August 5, 2025 Debt can feel like a never-ending cycle – juggling payments, due dates, and interest rates... Read More → Is It Better to Save or Pay Off Debt First? July 24, 2025 Juggling financial priorities is tough, especially when it comes to saving and paying off debt at the same time... Read More → Smarter Wedding Finance: How to Fund Your Big Day Without the Stress July 18, 2025 Weddings and big events are exciting - but let’s be honest, they can also be expensive... Read More → 5 Common Money Mistakes and How to Avoid Them July 16, 2025 Money—it’s something we all use daily, but it doesn’t come with a manual... Read More → Pay Off Debt Faster Without Sacrificing Your Lifestyle – A Checklist June 25, 2025 Paying off debt is one of the best things you can do for your financial health... Read More → Emergency Fund 101: How Much Should You Really Have? June 13, 2025 Ask yourself, if something unexpected happens and your income suddenly drops, could you survive? Read More → Spot & Stop “Vampire Appliances” to Shrink Your Winter Bills June 6, 2025 When winter hits and temperatures drop, unfortunately your power bill does the opposite! We tend to use a lot more power in winter... Read More → How to Improve Credit Score in New Zealand — Fast May 29, 2025 Your credit score is more than just a number—it’s one of the main factors affecting your ability to borrow money... Read More → Simple Budgeting Tricks Kiwis Swear By May 20, 2025 New Zealanders face rising living costs—housing expenses hit an average of $458.40 per week in mid-2024... Read More → Empowering Kiwis: How Loansmart Helps Everyday New Zealanders Achieve Financial Freedom​ May 6, 2025 Financial stress is a growing concern in New Zealand. According to a recent Stuff article, over 2 million Kiwis experience anxiety about money... Read More → How To Manage Back to School Expenses January 22, 2024 The start of a new year means school is just around the corner. While it’s an exciting time for kids to head back to school... Read More → How Much Money Do You Actually Have to Spend? A Guide to Disposable Income November 21, 2023 With the cost of borrowing money increasing, and the price of goods and services going up... Read More → 6 ways to make your money go further September 4, 2023 Figures from Statistics NZ show living costs increased 7.2% for the “average household” in the year to June 2023... Read More → How to start an emergency fund July 6, 2023 Sometimes life throws something unexpected at you. And sometimes that unexpected thing comes with a hefty price tag... Read More → How much time do you spend thinking about money at work? March 16, 2023 In the midst of a daily grind, it can be easy for the mind to wander. From wondering what you can do with your weekends... Read More → The Numbers Behind Debt Consolidation 2023 January 27, 2023 Do you have two or more loans? Are you having trouble meeting your repayments? If so, a debt consolidation loan could be a good option ... Read More → The Pros and Cons of Debt Consolidation July 12, 2022 When it comes to personal finance, making the right decision for your situation is very important. Read More → The Ultimate Guide to Debt Consolidation August 26, 2021 Do you have two or more loans? Are you having trouble meeting your repayments? If so, a debt consolidation loan could be a good option ... Read More → The Numbers Behind Debt Consolidation August 26, 2021 Do you have two or more loans? Are you having trouble meeting your repayments? If so, a debt consolidation loan could be a good option ... Read More → 7 Things You Must Know To Improve Your Credit Score July 28, 2021 Check out our handy infographic to learn about the 7 ... Read More → Ultimate Guide to Improving Your Credit Score July 23, 2021 So you’ve got a credit score that needs improvement. Don’t ... Read More → Why You Should be Checking Your Credit Report June 14, 2021 Looking to Apply for an Online Loan? Before applying for ... Read More → #### Car Loans “ My Loansmart consultant was empathic and compassionate to my needs. Took a day for the loan to get approved. I wish there were many more people like him around.” - Rej We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Car Loans & Car Refinancing We make Car Loans quick and easy. Your application will be handled by a dedicated team that works hard to get you a great deal: Over 500 perfect reviews! No deposit required Interest rates from 9.95%* Helpful, hassle-free process 1 – 2 hour approval and same day payout* Getting a car loan or refinancing a car loan is quick and easy with Loansmart. We provide two options: secured and unsecured loans. Which is best for you depends on your loan amount and personal situation. *Subject to responsible lending checks and lending criteria.  Get My Loan Today! Unsecured Car Loans At Loansmart we focus on meeting your car finance needs, without making you jump through hoops!Borrow up to $75,000 unsecured*Spread your repayments over 6 months to 7 years*No drawn-out bank process or tiresome paperworkAs a cash buyer, you can negotiate with the seller knowing your finance is sorted. You can buy from a dealer or privately through a site like Trademe or an auction.What’s more, you decide what car you want to buy. You don’t need us to agree to your choice, so you’re well and truly in the driver’s seat!*Subject to responsible lending checks and lending criteria.  How Much Could You Borrow? Get a fairer deal, faster from a professional team that cares Once you’ve completed an application with Loansmart, you can sit back and let us take care of the process for you. We keep you in the loop and work fast, so you get your loan approved sooner. Call us Now! Apply Now Secured Car Loans Borrow more than $75,000* Interest rates from 9.95%* For loans exceeding $50,000, we’ll likely need to use your car as security. The process is a little more involved, but we move fast to get your loan approved ASAP. As part of the Loansmart service, we will check the ownership of the vehicle for you and make sure there is no money owing on it (or stolen). We also ensure that the car loan proceeds go to the right person and that once they receive the funds the vehicle is transferred to your name. Once you find the car you want we just need to check it is ‘suitable’ for security purposes first (online checks). Once we give the “ok” you can tell the seller your ready to buy it! If you’re struggling to meet our lending criteria, then using your car as security may be the easiest way to get approval. One of our Personal Loan Consultants will assess your application and explain your options. *Subject to responsible lending checks and lending criteria.  Car Loan FAqs Who will see my application? We treat your application confidentially and the only people who will see your application are Loansmart and any loan providers that we send it to. Do you do pre approvals? Most definitely!  We thoroughly recommend getting pre-approved prior to purchasing your next vehicle. All pre-approvals last for 30 days giving you plenty of time to track down that bargain. If 30 days isn’t long enough we may just need a few things to renew your approval again. What if I have a poor credit rating or defaults? We can normally assist if we know the circumstances. In most cases we can still help or we may require additional security. If you do not have the security required we may need to add a guarantor or joint borrower who can offer security for the loan. A guarantor will be responsible for the loan if you do not pay. A joint borrower would share the responsibility of repayments with you. Do you finance vehicles through private sales? Yes we are able to finance vehicles bought privately, through Trademe, vehicle tender, auction or from a reputable vehicle dealer. Are you a car dealer? No. We are an independent financial services company who can arrange lending for customers using our loan providers. We have no association or interest in any motor vehicle dealers. Do I need vehicle insurance? If the car is being used as security on the loan, then yes. You will need to have full/comprehensive insurance on the vehicle for as long as the car is securing the loan. I can't find the answer to my query? Please contact us on 0800 255 155 Smarter Loans >>> Faster Car Loan Refinancing Are you paying too much for your current car loan? We can also look at refinancing your existing vehicle loan if your current interest rate seems high. Call us today for a no-obligation quote on 0800 255 155 or use our online calculator to see what you could save. To provide you with the best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. In a hurry? Need approval now? Call us now! Applied elsewhere but been declined? We may be able to help. There isn’t a lending situation we haven’t encountered and we can find solutions for most.Loansmart can provide more options than other lenders. With more options, you have more chance of getting your loan approved. Get My Loan Today! We don’t just provide loans, but smarter lending solutions With Loansmart we look at your entire lending situation, to try and find a better deal for you. Make sure you’re getting a fairer deal from a low-cost lender that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Christmas Consolidation Loans “ Needed a loan to pay off cc but ended up getting an unsecured loan to consolidate other debts. Big thanks to Loansmart. They made the impossible possible” - Jose  Rated 5 out of 5 We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Christmas Consolidation Loans Loansmart is on a mission to keep repayments low and spirits high this holiday season! Repay existing loans Start again with a low cost lender Make repayments more affordable Get extra cash for Christmas & Holidays * Let’s be honest, Christmas can be a time of great joy, but it can also be stressful financially. So how do you enjoy the best of the holiday season without adding to your burden? That’s where we come in. Our festive finance consolidation loans can help you lower your repayments and apply for extra cash to cover all those holiday season expenses. If it’s a holiday, presents for the kids, or a Christmas feast with all the trimmings, we want to help you finance it affordably.Just to be clear – these loans are debt consolidation loans, but if you need extra cash to cover your expenses over this time, we’ll do our best to help you*.*Subject to responsible lending checks and lending criteria. Get My Loan Today! How do we help you lower your repayments? We look at your entire lending situation to try and find a better deal for you, and put your application out to our network of low cost lenders. With one application, you can get multiple loan options. Plus, you only have one credit check. We’re really good at what we do. All loans are subject to responsible lending checks, which basically means we need to make sure you can afford them. To make your loan more affordable, we look at your existing loans to see if we can get you a better deal. We do our best to lower your interest costs and repayments. Honestly, we’re really good at what we do. Take a look at these real-life stories of borrowers we’ve helped. We’ve even helped borrowers with over 100k in personal loans! Consolidation Examples On the Naughty List? No problem – we help people with all sorts of credit scores, including those with poor ones.Loansmart is different from other loan companies – we genuinely try to help people take control of their finances by providing fair and affordable loans that put their financial well-being first.We take a human approach to lending – it’s not just about the numbers to us. We’re interested in your story, how you got into this situation and how we can help you improve your credit score. Apply Now! Meet Loansmart’s Little Helpers Adnan, Jonathan, Corby and the rest of Loansmart’s little helpers work hard to find great solutions. And they move fast to get loans paid out sooner! Check out all their 5-star reviews! Call us Now! Apply Now Ready To Get A Great Deal on Your Loan? Let’s get you a smarter loan >> faster, so you can enjoy the holidays without worrying about your finances.Give yourself the gift of lower repayments and loans costs* this Christmas.Get the extra cash you need to fund holiday expenses affordably*.Choose a low cost loan company that cares – choose Loansmart! *Subject to responsible lending checks. Apply Now! Don't Pay More Than You Need Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! Call us Now! Apply Now #### Co-borrower Privacy Declaration & Disclosure Statement Acceptance Please check your details and read our disclosures before submitting Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.First Name *Last Name *Phone *EmailDate of Birth *Privacy Declaration *Tick to accept the Privacy DeclarationI consent to electronic disclosure and acknowledge that I have read and agree to the Privacy Declaration.Disclosure Statement *Tick to accept the Disclosure StatementI acknowledge that I have read and understood the Disclosure Statement and the type of advice Loansmart does and does not offer.Accept Disclosures #### Contact "Absolutely brilliant - I got knocked back by the bank and my girlfriend said to use her loan company, Loansmart. I did that and was all sorted the same day." - Vivien We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Contact Us Loansmart is 100% New Zealand owned and operated. We’ve helped thousands of Kiwis for over 15 years. No matter where you are in the country we can assist you to get back on track, get ahead and get sorted. Our customers love us, because we go out of our way to find them a smarter loan – faster. We’d love to help you too! Opening Hours Monday: 8:00 am – 5:00 pmTuesday: 8:00 am – 5:00 pmWednesday: 8:00 am – 5:00 pmThursday: 8:00 am – 5:00 pmFriday: 8:00 am – 5:00 pm Location address Level 18, 55 Shortland StreetAuckland 1010New Zealand Phone 0800 255 155  Get In Touch Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.First Name *Last Name *NZ Mobile Number *Email *EmailConfirm EmailLeave Your Message *Privacy Declaration *Tick to accept the Privacy DeclarationI consent to electronic disclosure and acknowledge that I have read and agree to the Privacy Declaration.Disclosure Statement *Tick to accept the Disclosure StatementI acknowledge that I have read and understood the Disclosure Statement and the type of advice Loansmart does and does not offer.SEND MESSAGE How would you like to connect with us? Apply online Provide us with a few details and one of our consultants will be in touch to discuss your options. Apply Online Prefer to chat? Give us a call Not everyone likes to apply online. So we always ensure we have enough Loan Consultants available to take your call. That way you don’t have to wait on hold. Give us a call Are you concerned about your financial situation? It costs nothing to give us a call. In around 10 minutes you’ll have a good idea of your options and what we can achieve for you. Loansmart has been helping New Zealanders with their borrowing needs since 2008.Talk to a team that cares and works hard to get your loan approved, and provide you with more options too. What’s it like to talk to us? New loan or existing loan enquiry – we treat each with the same importance. When you call Loansmart you can expect your call to be answered straight away. What’s more, you’re assigned a Personal Loan Consultant for the duration of your application.If you have any questions, or your circumstances change, just give them a call. Give us a call now! Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Debt Consolidation Car Loans LoansmartTV Real Kiwis Real Stories Smart Solutions Debt Consolidation Car Loans Watch our video on how we helped Amelia consolidate her debts and reduce repayments by $200 a week.  #### Debt Consolidation Loans “ Loansmart went above and beyond to help me and were very friendly and helpful. A weight has been lifted off my shoulders and it's life changing, I cannot thank them enough.” - Teresa We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Debt Consolidation Loans Do you have more than one loan?Feeling overwhelmed by credit card debt?Are you looking for solutions to reduce your lending costs?Finding it hard to keep track of so many repayments?Would you like to pay down debt with lower payments?Loan consolidation is a great way to make repayments more affordable and reduce costs. Loansmart can help you simplify your finances and save money by arranging loans through our providers, and a fee for using our service only applies if you enter into a loan arranged by us. Since 2008, we’ve helped Kiwis obtain smarter loans faster, and we’re trusted to provide debt consolidation loan solutions.Our online application process is quick and easy with a low establishment fee. Loan terms range from 6 months to 7 years, and interest rates start at just 9.95%*.*Subject to responsible lending checks and lending criteria.  Get My Loan Today What Are Debt Consolidation Loans? A personal loan that combines all existing debts into one, easy-to-manage loan. Keeping track of multiple loan payments can make it easy to miss a payment and rack up fees. Tracking all the different interest rates, fees and loan balances can also be a headache.Consolidating current debts into a single loan simplifies your finances and sets you up for repayment success. How Do Debt Consolidation Loans Work? With loan consolidation all your pre-existing debts are paid off in full and simplified into one loan with one repayment. This can help you pay your debt off faster and reduce financial stress. We even time your loan payments with the day you get paid so you’re less likely to miss your repayments.If you are looking to repay other debts and have just one loan with one repayment our team would love to hear from you. It’s helpful if you know roughly how much you owe on your debts so you can let your Personal Loan Consultant know right away.Make sure you’re not paying more than you need too. Try our Personal Loan Calculator to work out how much you could potentially save . Get A Free Loan Assessment Smarter Loans >>> Faster What Kind Of Debt Can Be Consolidated? We can consolidate almost all forms of debt, some of the most common are: Credit Card Debt Yes! We can consolidate your existing credit card debt. Personal Loans & Cash Loans Yes! We can consolidate any existing loans or financing. Cash Loans Yes! We can consolidate any cash loans. Car Loans Yes! We can consolidate your car repayments. Buy-Now-Pay-Later Balances Yes! We can even consolidate any buy-now-pay-later balances. Store Cards Yes! We can consolidate your store card debt. Overdue bills and fines Yes! We can consolidate any overdue bills and fines. Hire Purchase Yes! We can consolidate any hire purchases. Loan Calculator Who qualifies for debt consolidation? Anyone can apply for a debt consolidation loan (it’s online & free) you just need to be 18 or older. If you are not a permanent NZ resident or citizen we can still help, but your loan period cannot be longer than the length of your visa expiry. Loan approvals will depend on whether or not you meet our credit criteria. Responsible lending criteria must be followed by lenders when assessing loan applications. Borrowers should be able to afford their repayments comfortably. Your income is compared to your expenses to determine affordability. You will need enough discretionary income to cover your loan repayments. The friendly team at Loansmart can assess your application quickly and securely online for free. What are the types of debt consolidation loans? A consolidated loan is a type of personal loan, but it is used to repay existing debt. There are two loan options.Unsecured Debt Consolidation LoansAn asset is not required as a form of security for unsecured loans. You don’t need a house, car, or any other asset for an unsecured loan approval. We can potentially arrange loans of up to $75,000 without collateral.Secured Debt Consolidation Loans A secured loan is backed by an asset such as a home or vehicle. This helps protect the lender & gives them more confidence to approve larger loans or loans where the financial situation is a bit “messy”.The lender is more protected because if you cannot make your payment, the lender may sell the asset you offered as security and use that money to pay the loan. There is always a long warning process before action is taken.The interest rate on a secured loan is typically lower because there is less risk for the lender. Can you get a consolidation loan if you have bad credit? We believe everyone deserves a second chance, that’s why bad credit isn’t a dead end for us. We take the time to get to know your personal circumstances and current financial situation before we make a loan decision. Learn more about our bad credit debt consolidation loans. Learn More How to compare debt consolidation loans Loan features vary between lenders. Choose a low cost lender that offers competitive rates and makes your repayments more affordable. The interest rate on a consolidation loan shouldn’t exceed the average of your existing loans. Ideally, it should be less.But that isn’t the only factor! It’s common for debts to have a weekly or monthly administration fee charged. If you have lots of loans these fees can add up and be a massive waste.At Loansmart we look at your entire lending situation, to try and find a better deal for you. If you’re concerned you may be paying too much on your current loans, apply for a Debt Consolidation Loan online or talk to us today on 0800 255 155.We strive to help you achieve your goals more affordably. Give Us a Call! Don't Pay More Than You Need Loansmart has been helping New Zealanders with their Debt Consolidation needs since 2008. Our clients love what we do, and we love helping them too.Get a Debt Consolidation repayment plan that works for youSet yourself up for repayment success, not failure!With only one payment to make each time that you’re paid, budgeting is easier and you can save on fees and interest rates.Take control of your debt with one easy paymentPay off all overdue billsLower your fees and interest rates Get A Free Loan Assessment Debt Consolidation With Loansmart Pros and Cons of Debt Consolidation Loans Taking out a loan is an important financial decision. Before you apply for loan approval, it’s important to know the pros and cons. PROS Monthly payments are more affordable You can pay less interest You can save on late fees You only need to keep track of one loan All your existing debts are repaid You can improve your credit rating by paying off other loans and making your repayments on timeYou have a clear finish line with an exact deadline for becoming debt-free. That can motivate you to keep up with your payments. cons You may incur early repayment fees when repaying existing loans You will incur an establishment fee/application feesYou may be tempted to use the loan for something else instead of paying off your existing debts. Unless of course you choose a lender that settles them for you. You will require another credit check that may impact your credit score in the short term  If you don’t retire your credit cards, the balance will return to zero, so you may be tempted to use them again. Get A Free Loan Assessment Debt Consolidation Loan FAQs Are debt consolidation loans a good idea? A debt consolidation loan can be beneficial in three ways. Reduced loan costs and fees over time More affordable loan payments An improved credit rating It is vital you repay all existing debts at the same time, and don’t incur anymore debt. To learn more about these potential benefits check out The Ultimate Guide to Debt Consolidation Loans. How much could I reduce my monthly repayments by? Not only is consolidating your debts into one loan easier, if can reduce your monthly repayments. See how much you could save with our online Debt Consolidation Calculator. Do you pay my debts directly? Yes, we require settlement figures that have a valid settlement date and bank account details. We then pay your debts directly to the other lenders and ensure any security they hold is removed. Can I get some cash at the same time? Yes! Many of our customers are in need of funds for a specific reason, but choose to consolidate other existing debts at the same time. It can all be done in one loan.It all depends on your financial situation, responsible lending and the lending criteria as to what options can be offered to you. What if I have a poor credit rating or defaults? We can normally assist if we know the circumstances. In most cases we can still help, but if we are having trouble getting an approval we may require security like a car or home to be used as collateral on the loan.  Are debt consolidation loans secured? Debt consolidation loans can be both secured or unsecured. If you have a home and want to pay off your personal debts, borrowing against your house can be a great option. Adding security can reduce your interest rate, potentially saving you thousands.But if you don’t have an asset to add to the loan we can try to have an unsecured loan approved for you. Around 90% of our loans are unsecured. Debt consolidation loan vs personal loan A debt consolidation loan is a personal loan, except that the funds are used to pay off existing debt instead of purchasing something new. What is the maximum debt consolidation loan amount I can get? The loan amount you can have approved will depend on what you can afford to repay. It also depends on whether or not you take out a secured loan or unsecured loan. You can borrow up to $75,000* unsecured and more with a secured loan.*Subject to responsible lending checks and lending criteria. When is a debt consolidation loan a good idea? If you have a lot of high-interest loans, combining them into one low-cost loan can save you money. This is by reducing the interest cost and administration fees lenders typically charge every month on every loan.In addition, they can reduce financial stress by making repayments more manageable. If you miss a loan payment, your credit score will suffer, and you’ll be charged late fees. Getting a debt consolidation loan can help you avoid these problems. What are debt consolidation loan rates? At Loansmart we use our lending partners to arrange an approval for you, they will provide you a personalised interest rate. This means your interest rate is based on your credit score and financial circumstances.Some lenders offer the same loan rate to all borrowers, which can mean you end up paying more if you have an excellent credit report. Do all debt consolidation loans hurt your credit? Is getting a loan for debt consolidation bad? When done well, debt consolidation loans can help improve your credit rating. However, you must be sure that existing loans are paid off and that your payments are consistently made on time. By setting yourself up for repayment success, you can improve your credit rating. Your credit score may be affected by too many loan applications, so choose a company that is more likely to approve your loan.Pay off existing debtsPaying off your existing debts is the first step to improving your credit score. With a Debt Consolidation Loan you can achieve this faster and potentially save on fees.Don’t miss any paymentsThe best way to improve your bad credit history is to pay your bills & debts on time. A Debt Consolidation Loan will help you to ensure your existing debts are paid on time with one regular repayment. It’s also important to ensure any future utility, gas, internet and rent payments are paid on time too.Cancel your credit cardsIf you own multiple credit cards, every credit card you own can negatively impact your credit score. When you take out a Debt Consolidation Loan, your credit card debt is paid off in full so all your credit cards will have a balance of zero. This is the perfect time for you to cancel your credit cards or reduce your credit limit. It’s fine to keep one credit card for unexpected expenses, just ensure you only spend what you can afford to pay back in monthly costs to avoid paying interest.Start an emergency fundHaving a savings account specifically for emergencies means you can be financially prepared if unexpected expenses arise. This ensures you’re less likely to rely on credit cards or loans in the future. You could potentially use the money you save by consolidating debts to build up some savings. We also recommend the following online resources:Sorted: Budgeting ToolSorted: How Credit History and Scores WorkConsumer Protection: How credit scores work, the impact of bad credit, and how to improve your score I can't find the answer to my query? Please contact us on 0800 255 155 Easy payment plan Don’t pay more than you need to and get all your options upfront, so you can make the best decision for you. Talk to a team that works hard to provide better lending solutions. Apply Now Smarter Loans >>> Faster How much could you save? Give us a call or fill in an application form for free. In just 10 minutes and with a few quick questions our friendly team can give you a good indication of how much you could save. Applying for a Debt Consolidation Loan online is a simple process. Get A Free Loan Assessment To provide you with the best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a team that cares How Much Could You Borrow? Are you concerned about your financial situation? It costs nothing to give us a call. In around 10 minutes you’ll have a good idea of your debt consolidation options and what we can achieve for you. Talk with a team that genuinely cares and works hard to:Get your loan approved fasterProvide you with more optionsFind you a great deal Call now! Save On Fees & Interest Rates Don’t Pay More Than You Need To. Save On Fees & Interest Rates.We Can Show You How. Try Our Loan Calculator Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Debt Relief That Reduced Repayments | Emmett’s Story Debt Relief That Reduced Repayments | Emmett's Story Video Summary Emmett was juggling multiple repayments until Loansmart helped consolidate his debt into one lower payment. Watch how the right loan reduced his monthly outgoings and the stress that came with them. #### Disclosure Acceptance Privacy Declaration & Disclosure Statement Acceptance Please check your details and read our disclosures before submitting Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.First Name *Last Name *Phone *EmailDate of Birth *Privacy Declaration *Tick to accept the Privacy DeclarationI consent to electronic disclosure and acknowledge that I have read and agree to the Privacy Declaration.Disclosure Statement *Tick to accept the Disclosure StatementI acknowledge that I have read and understood the Disclosure Statement and the type of advice Loansmart does and does not offer.Accept Disclosures #### Emergency Loans “ Great work only took one day to sort it, Awesome!” -Ihaka Hema We Make It Easy Rates From 9.95%* We Provide More Options We say yes more often EMERGENCY LOANS Emergency Loans in times of need.Fairer fees, lower interest ratesRates from 9.95%*Approval in 1 – 2 hours*Same-day payout*Easy, 100% online or phone processFriendly, experienced teamMore options tailored to you*Subject to responsible lending checks, lending criteria and loan amount. Get My Loan Today! Fast Emergency Loans NZ Wide Emergencies require emergency funds. Unfortunately, emergencies are a part of life and when they happen you often need to secure finance quickly. Out of desperation a lot of people apply for the first emergency loan they can find which is often accompanied by high repayment fees and hidden costs.High-interest payday loans cause more problems than they solve. They are not the answer! Loansmart emergency loans come with fair interest rates and affordable repayments. Why Loansmart Smarter Loans >>> Faster LOANSMART IS DIFFERENT We arrange loans with low-cost lenders that provide fast loans to people with a range of credit scores and a fee to use our service is only applicable when you enter into a loan arranged by us. Even if you have a poor credit score, you may still be able to get a same day loans through us.Our loan interest rates start from as low as 9.95%* and we let you know upfront how much your loan will cost. Plus, you can use our personal loan calculator to work an estimate of the costs before you apply. To provide you with the very best lending experience We Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. We Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). We Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. We Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Call us Now! Apply Now WHAT ARE EMERGENCY LOANS? Emergency loans are Same Day Loans taken out to help cover unexpected expenses that arise due to emergencies.They are a type of Personal Loan. Often any savings you have is not readily accessible, and it might not be enough. Emergency Loans can provide quick financial aid in these types of situations. You can borrow up to $75,000 unsecured, or more with a secured loan.Learn how to create an emergency fund, so you are better prepared to deal with life’s curveballs. Call us now! Emergency expenses include Dental Loans Medical Expenses Vet Finance Funeral Loans Car Repair Loans House Repairs Bond Loans When emergencies arise and time is of the essence, the last thing you want to worry about is securing funding or having to go through lengthy application processes. Save time and make it easy on yourself with Loansmart.  Get My Loan Today! HOW DO I APPLY FOR EMERGENCY FUNDS? It’s easy! Apply for a quick Personal Loan by 1pm and if approved the funds will clear that evening or the following morning*. You can apply for an emergency loan on any device through our online loan application form – it only takes three minutes! When applying just let us know your loan is for an emergency so we can prioritise your application, but we strive to get approval within 1-2 hours*.*Subject to responsible lending checks and lending criteria. Get A Free Loan Assessment WHAT ARE YOUR LOAN TERMS? We can provide urgent Personal Loans to those in employment and who have regular income paid into their bank account; it’s really that simple!Better still, even if you have a less than perfect credit score or even if bad credit, it won’t necessarily affect your loan eligibility. Need emergency funds but have bad credit or already have outstanding debts? We may still have options for you, learn more about our Bad Credit Loans and Bad Credit Debt Consolidation Loans.Our repayment terms provide you with a longer period too, starting at 6 months. An affordable time period for repaying your loan is vital to ensure you don’t put yourself under more stress. Try our Debt Consolidation Calculator Smarter Loans >>> Faster HOW MUCH CAN I BORROW? You can borrow up to $75,000 for unsecured loans and more with a secured loan. Our loan interest rates start from as low as 9.95%* and repayments can be spread over 6 months to 7 years.*Subject to responsible lending checks and lending criteria. Try our calculator Apply Now WHEN BORROWING MONEY YOU CAN TRUST LOANSMART We’ve been in business since 2008 and helped tens of thousands of Kiwi’s to date with our quick loans – you could say we’re experts in personal lending.With a range of loan providers, we offer a wider range of eligibility criteria than other lenders. Rates start at just 9.95%*.The majority of our customers actually come back for another loan when they need another round of financing. This could be any reason like upgrading a car, doing a house extension, planning a holiday and more. Call us now! 5-star reviews Many of the loans we arrange now are to existing customers. This is because our customers love what we do, and we love helping them. Still not convinced? Read our 900+ 5-star reviews! At Loansmart we truly value our customers and make every effort to provide a quality user experience. So if it’s Emergency Loans, Debt Consolidation Loans, Bad Credit Loans, Wedding Loans, Car Loans, or even Small Business Loans you’re after – our services can cover almost any loan requirement. Get My Loan Today! STILL HAVE QUESTIONS? Our Loan FAQ’s have answers to our most commonly asked questions or you can give us a call on 0800 255 155.Our friendly and dedicated team will be glad to help you should you have any questions. Try our Debt Consolidation Calculator Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Fees and Interest Rates Loansmart Fees and Interest Rates Your Personal Loan Consultant will help to arrange a loan option for you based on your needs & goals. The rates & fees applicable are based on multiple factors which we will cover below: 1- Interest rates start from 9.95%, these are set by the loan provider when they approve the application. 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. This fee is up to 5% of the loan amount plus $245, to a maximum of $995 for unsecured loans (GST exclusive). For secured loans the calculation is the same, but the maximum fee is $1995 (GST exclusive) 3- The Loansmart fee will be notified to you before you enter into a loan. The fee can be added to the new loan that is being arranged, or paid directly to us before the funds are advanced. Other websites that can assist you with borrowing money: www.sorted.co.nz www.comcom.govt.nz If you have any queries with regards to the above, please contact us on 0800 255 155 or email enquiries@loansmart.co.nz. Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. How much could you save? Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### From Debt Stress to Renovation | Bad Credit Loan From Debt Stress to Renovation | Bad Credit Loan Video Summary Even with bad credit, the right loan can open new doors. This story follows a customer who moved from debt stress to funding a home renovation with a Loansmart bad credit loan. #### From Loan Declined to Approved | Sophie’s Story From Loan Declined to Approved | Sophie's Story Video Summary After being declined elsewhere, Sophie turned to Loansmart and got the approval she needed. Watch how a fresh look at her situation turned a setback into a success. #### From Mortgage Arrears to Relief | A Smart Debt Solution From Mortgage Arrears to Relief | A Smart Debt Solution Video Summary Falling behind on a mortgage is frightening, but solutions exist. Watch how Loansmart helped a customer move from mortgage arrears to financial relief with a smart debt solution. #### From Stress to Success: Borrower Stories From Stress to Success: Borrower Stories Real Kiwis. Real challenges. Real turnarounds. At Loansmart, we’re proud to support everyday New Zealanders on their financial journeys. Read how our smart lending solutions helped transform stress into success. Top Resources For From Stress to Success: Borrower Stories When a “Write-Off” Became a Way Forward From Small Loan to Big Relief – Amelia’s Debt Consolidation Story Mark’s Fresh Start After Falling Behind Two Small Requests, Two Big Wins Two Big Wins — When Smart Lending Opens New Doors How Loansmart Helps Kiwis Reduce Repayments & Gain Freedom When a “Write-Off” Became a Way Forward May 29, 2026 Car accidents can turn life upside down in an instant, especially when insurance is not there to soften the blow. Read More → From Small Loan to Big Relief – Amelia’s Debt Consolidation Story March 13, 2026 Amelia, who reached out to Loansmart needing help with urgent car repairs. What started as a small request turned into a solution that simplified ... Read More → Mark’s Fresh Start After Falling Behind February 13, 2026 This month’s Loan of the Month goes to Mark, who came to us needing a new vehicle, but was also quietly carrying a serious amount ... Read More → Two Small Requests, Two Big Wins December 23, 2025 Often, clients come to us asking for a small loan to solve an immediate problem - but when we take the time to understand what’s ... Read More → Kelly’s Fresh Start After Multiple Declines November 27, 2025 When unexpected costs pop up, especially around the home, many people turn to the lenders they already work with and usually feel confident they’ll be ... Read More → Two Big Wins — When Smart Lending Opens New Doors October 24, 2025 Sometimes, when people reach out to us, they think there’s only one way forward - maybe a hardship application, a small top-up, or just one ... Read More → How Loansmart Helps Kiwis Reduce Repayments & Gain Freedom October 3, 2025 Nyasha and Maria’s journeys show how a simple loan request turned into life-changing debt consolidation solutions, helping them lower repayments, simplify finances, and move ahead ... Read More → Two Clients, Two Big Wins – And It All Started With Small Loan Requests August 14, 2025 Sometimes our clients come to us for something small - but with the right advice and a smart lending solution... Read More → Olivia’s Travel + Debt Consolidation Win June 27, 2025 Olivia had been dreaming of a European escape for years, planning to finally make it happen at the end of the year. Read More → Saving Emma’s Home with Smart Lending May 8, 2025 Emma faced escalating mortgage arrears, unpaid rates, and piling utility bills... Read More → Loan Boost = Dream Wedding Secured April 11, 2025 Martin was getting married but didn’t have enough cash saved to pay for his wedding... Read More → Fix Now, Pay Later – Jeremy’s Win March 17, 2025 Jeremy needed to complete some renovations on his home to get it ready for sale... Read More → Debt Consolidation Done the Smart Way February 25, 2025 One of our clients, Kirsty, has come back to us several times, always happy with the amazing service she receives... Read More → Helping Gabriel Bring His Family Home December 12, 2024 Gabriel moved to New Zealand from the Philippines in 2023, leaving his family back home to find a better life. Read More → $5K Fast: Jayda’s Story November 20, 2024 Jayda urgently needed $5,000 for funeral costs, but she didn’t have enough savings to cover this... Read More → Loan of the month – September 2024 October 18, 2024 Kira needed to buy a new car, and decided a budget of $20,000 would be ideal... Read More → Loan of the Month – August 2024 September 10, 2024 Carol, a pensioner from Auckland, was struggling with her daily living costs. Read More → Loan of the month – July 2024 August 19, 2024 Ricky was fairly new to New Zealand and was here on a work permit. He wanted to advance his career by applying for a role ... Read More → Loan of the month – June 2024 July 23, 2024 Rhys, a homeowner from Auckland, needed to get some minor renovation work done on his house... Read More → Loan of the month – May 2024 June 18, 2024 Dale and Jenny, a couple from Auckland, were struggling with high debt repayments... Read More → Loan of the month – April 2024 May 27, 2024 Shaun was struggling with debt payments that were too high, so he needed to free up some of his disposable income... Read More → Loan of the month – March 2024 April 24, 2024 Car repairs are one of the most common reasons people seek loans, because they’re almost always unexpected... Read More → Loan of the month – February 2024 March 20, 2024 Jarod wanted to free up some more disposable income, as he was paying $469 servicing his debts... Read More → Loan of The Month – December 2023 January 22, 2024 Ben and Jodie, a married couple, needed a quick $5,000 loan urgently for funeral costs... Read More → Loan of The Month – October 2023 November 2, 2023 Albin needed to buy a car and applied for a loan through a few different lenders... Read More → Loan of The Month – September 2023 November 2, 2023 Marama wanted to surprise her husband with a holiday to mark their 25th wedding anniversary... Read More → Loans of the month – August 2023 September 1, 2023 Getting the whānau together for a celebration is one of life’s great joys, but it can also be expensive... Read More → Loans Of The Month – July August 16, 2023 Real-life stories of how loansmart helped people with bad credit. At Loansmart, we know that life can throw curveballs that affect your credit... Read More → Loan Of The Month – June July 1, 2023 Every month, we'll pick a loan where our team found a solution to a challenging need, and discuss how we helped... Read More → Spotlight on Debt Consolidation: The Williams Family May 31, 2023 How Secured Lending Helped the Williams Get Their Debt Under Control... Read More → Spotlight on Debt Consolidation: The King Family April 4, 2023 How debt consolidation can help even if you have a less than perfect credit score... Read More → Spotlight on Consolidate Loans and Credit Cards: The Smith Family March 10, 2023 Are you finding it difficult to keep track of multiple loan payments? If so, you’re not alone. With the current economic climate leading to more ... Read More → How A Debt Consolidation Loan Helped These Four Borrowers Take Charge Of Their Finances March 6, 2023 Are you finding it difficult to keep track of multiple loan payments? If so, you’re not alone. With the current economic climate leading to more ... Read More → #### Guides Loan Smart By Loansmart Step up to smarter borrowing with Loansmart. At Loansmart, we’re more than just a loan company – we’re your guide to intelligent borrowing. Our team goes above and beyond to find smart solutions tailored to your goals. Our mission is to empower you with the knowledge and resources you need to make informed, smart loan choices.Explore our user-friendly guides and if you need further assistance, we’re just a phone call away. Because it’s not just about getting a loan, it’s about being loan smart.  Smarter Loans >>> Faster Become Money Smart With Loansmart Be Better With Money: Tips & Tricks What you’ll learn Discover the factors that influence your credit score, and unlock actionable tips on how to improve it. Packed with practical and straightforward advice, this guide will help you take control of your financial health so you’re in peak performance! Resources The Financial Habits Keeping You Stuck How to Spend More Intentionally Without Feeling Deprived Lifestyle Creep: Why Earning More Doesn’t Always Mean Having More Money The Small Purchase Trap: Where Your Money Really Goes Dealing With Mortgage Arrears: How to Regain Control of Your Debt How Retailers Encourage You to Spend More View All Loan Types & Borrowing Explained What you’ll learn When it comes to borrowing, you have lots of choices. But the differences between loans and lenders can be huge. Fees, interest rates, customer service, terms – they’re all important.  We’ve got checklists, tips, and guides to help you pick the right lender. Resources Need A Loan But Keep Getting Declined? Loans for Not So Good Credit The Pros and Cons of Secured vs Unsecured Loans Car Loans NZ: Why a Car Loan Might Be Smarter Than Paying Cash 7 Ways to Use a Personal Loan For Home Improvement How Loansmart Makes Getting a Loan in NZ Easier View All Loansmart News & Industry Updates What you’ll learn Get the latest stats on credit health in NZ including demand for loans and personal loan defaults. Loansmarts shares their statistics and insights on what is happening in the world of personal lending.  Resources Arrears Continue to Improve, But Pressure Remains in Unsecured Lending Arrears Improve Overall, But Unsecured Lending Remains Under Pressure Arrears Peak as Seasonal Pressures Continue Arrears Rise Seasonally as Holiday Spending Bites Our 1,000th review — Yippee! On the Road to 1,000 Reviews: 17 Years of Loansmart, Told by Our Customers View All From Stress to Success: Borrower Stories What you’ll learn Real people, real journeys. Discover how others have used Loansmart to tackle debt, fund big plans, or get back on track. These stories are honest, helpful, and packed with lessons you can use in your own money journey. See how they did it. Resources When a “Write-Off” Became a Way Forward From Small Loan to Big Relief – Amelia’s Debt Consolidation Story Mark’s Fresh Start After Falling Behind Two Small Requests, Two Big Wins Two Big Wins — When Smart Lending Opens New Doors How Loansmart Helps Kiwis Reduce Repayments & Gain Freedom View All Tools and Calculators What you’ll learn Here are some quick and easy calculators to see how much you could save if you consolidated your loans and how much you might owe if you took out a new loan. Resources How much can I borrow? Get a free loan assessment #### Home Apply for a Fast Loan Now *Subject to responsible lending checks and lending criteria. 3 Minute Application 1 Hour Approval* Same Day Payment* Get My Loan Now We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Online loans with more options tailored to you When it comes to borrowing, you have lots of choices. The differences between lenders is huge. Fees, interest rates, customer service, terms – they’re all important. At Loansmart we work hard to provide you with the complete package. Don’t pay more than you need toSave on interest rates and feesChoose a repayment plan that works for youAnd do it all 100% online Call our team for an easy cash loan now, or apply for a loan online. We provide same day loans*, cash loans, emergency loans and fast personal loans at highly competitive rates. Get a fast loan that’s smarter! Unsecured loans up to $75,000* Advisor-Led Lending All Credit Scores *Subject to responsible lending checks and lending criteria. Call us now! Quick Cash Loans In a hurry? Applying Online Is easy We can arrange same day small cash loans or unsecured loans for up to $75,000* (Or more with a secured loan). If you’re looking for fair, affordable loans, with a low establishment fee, get smart – get Loansmart! Loansmart offers easy to manage fast cash loans and affordable personal loans without the hassle. We focus on your needs and provide easy solutions, without making you jump through hoops. It’s quick and easy to apply No tiresome paperwork No need to download, print, scan, or email documents Many loan applications are approved online in 1 – 2 hours* *Subject to responsible lending checks and lending criteria. All loans are arranged by licensed financial advisors, with affordability and long-term financial wellbeing in mind. Why Loansmart Apply Now Outstanding Customer Service Our clients love what we do, and we love helping them Taking out a loan is a big step. Our team genuinely cares and takes the time to find better options for you. Providing smarter loan solutions is what we do best. Read our 5-star reviews to learn about the extra effort we put in for each and every one of our clients. Then give us a call to discuss how we can help you! View More Testimonials Affordable, Low-Cost Quick Loans What would you like to apply for? Personal Loan Find out More Same Day Loan Find out More Small Cash Loan Find out More Unsecured Loan Find out More Unsecured Car Loan Find out More Secured Car Loans Find out More Wedding Loans Find out More Debt Consolidation Loan Find out More Second Chance Loan Find out More Small Business Loan Find out More Home Improvement Loan Find out More Emergency Loan Find out More Affordable, Low-Cost Quick Loans What would you like to apply for? Personal Loan Find out More Same Day Loan Find out More Small Cash Loan Find out More Unsecured Loan Find out More Unsecured Car Loan Find out More Car Loan Find out More Wedding Loans Find out More Debt Consolidation Loan Find out More Second Chance Loan Find out More Small Business Loan Find out More Home Improvement Loan Find out More Emergency Loan Find out More 3 Minute Application 1 Hour Approval* Same Day Payment* *Subject to responsible lending checks and lending criteria. Our Process Fast, Advisor-Led Lending How Loansmart is different We’re loan brokers, so you get access to multiple lenders with one applicationWe’re licensed financial advisors, required to recommend options in your best interestWe’re an FSF member, committed to responsible lending and borrower wellbeing Try our Repayment Calculator Get a Free Fast Loan Assessment “Looking for a better loan option? Could you be paying more than you need to? It costs nothing to find out. Loansmart offers a wide range of options, with rates starting at just 9.95%*. We’ll provide you with a good idea of your options, and what we can achieve for you. How much could you save? Are you concerned about your financial situation? Call us for free. In around 10 minutes you’ll have a good idea of your options, and what we can achieve for you. Simply tell us what you’d like to achieve and we’ll tailor a Loansmart package for you. We look at all the options to find a better solution for youWe offer low rates and flexible termsWe provide fast professional serviceWe can assist people with a low credit rating or bad credit score. Associate Member of the Financial Services Federation Financial Advisors Loan Brokers Est.2008 1000 Verified 5-Star Reviews Loansmart Limited holds a Full Class 2 Financial Advice Provider Licence issued by the Financial Markets Authority (FMA). More loan options guided by licensed financial advisors acting in your best interest. Let’s chat #### Home Renovation Loans “ Whole process was easy and professional step by step. Extraordinary service ...great experience and highly recommended.” - Malaeola We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Home Improvement Loans Loansmart provides professional lending without the hassle of a drawn-out process. We can arrange loans through our providers, and a fee for using our service only applies if you enter into a loan arranged by us. Borrow money to realise your renovation dream.No quotes or valuations required (99% of the time)Fast decisions (over 90% funded within 24 hours*)Borrow up to $75,000 unsecuredBorrow more with a secured loan100% easy, online process (no tiresome paperwork)Planning home renovations is exciting. They let you create the dream home you first envisaged. Having your home renovation loan approved ahead of time ensures you know what funds you have to work with, so you can budget accordingly.*Subject to responsible lending checks and lending criteria. Get My Loan Today! Quick, easy, hassle free home renovation loans We won’t make you jump through hoopsWe work hard to find you a great dealWe move fast so you get your funds soonerWith property finance, it pays to look at the big picture and consider all your options. If refinancing your mortgage is the best option for you, we can potentially help with this also. Try our Loan Calculator No hoop jumping required! At Loansmart we focus on meeting your needs, without making you jump through hoops! Make sure you get the best options for you. Fill in our 3-minute application form, or call one of our experienced loan consultants on 0800 255 155. Call us Now! Apply Now Unsecured Home Renovation Loans This option does not require you to refinance or break your mortgage and is a totally separate loan from your first mortgage.You don’t need to provide us with any details of your renovation, have pre or post-valuations, or obtain code of compliance for us to release funds. We provide what you need in one lump sum at the start.Our team prides itself on finding the right solution for each individual situation. Find Out More HOME IMPROVEMENT TIPS It doesn’t matter if you’ve bought a newly-built home, a tiny apartment or a fixer-upper – owning your own place brings out the home improvement itch in us all. Here are 10 pieces of advice to help turn your dwelling into a better home. Choose Improvements That Add Value If you were offered a no strings attached budget, what home improvements would you do? Chances are, a long laundry list of changes come to mind, from refinishing the hardwood floors to adding a new bathroom. Some home improvements, however, are more likely to increase your home’s value than others. With limited home improvement funds, it’s good to consider whether a renovation has a decent return on investment. Tackle The Quick Projects That Are Most Timely Some home improvements are more urgent than others — saving you money immediately or preventing devastating damage. Sometimes it only takes ten minutes or less to make simple changes around the house that boost your living space. Decide To DIY Or Not Even if you’re a weekend warrior with a well-stocked workshop, not all home improvement projects are suitable to do yourself (or at least, without the help of a professional). Know your limits, start small if you’re a beginner, and then keep calm and DIY on (if you so wish). Hone Your Home Improvement Skills Big projects or small, probably all of us could stand to learn some decent home repair or home improvement skills. (All around the home, there are things we should never have to pay others to fix for us.) Learn new skills and help others at the same time by volunteering or through free clinics and other resources. Find Inspiration For Your Next Project Pinterest and Instagram are your friends – get some inspiration by searching for people that have done or organised their own home improvements. You’ll be surprised at some of the neat ideas that will come to mind. Get The Right Tools You can’t really improve your home much with just your bare hands (you’ll need a multi-tool at least!). Equip your toolbox with the essential tools for any minor repair or major project, such as basic plumbing tools. Don’t forget your smartphone might be the best DIY tool in your kit. Find Money For Your Home Improvement Unfortunately, most home improvements do not pay for themselves. Doing it yourself will cut down costs, and one of our Home Renovation Loans will help you to improve the value in your home. Choose The Right Tradespeople About as important as finding a good dentist and finding a good therapist is finding a responsible tradesperson. Horror stories of homeowners being scammed by contractors or having work done so shoddily that it cost thousands of dollars to redo (not to mention the money already spent) can give you the shivers. Vet your choices carefully, get recommendations from friends and neighbours, and ask to see examples of their work. Save Money on Your Home Improvement Projects The more money we save on one home improvement project, the more we have left for all the other ones we want to do. In addition to knowing the remodeling projects that offer the most bang for your buck, know which elements of a project you can splurge or skimp on. You could spend more on items that are hard to replace, such as the bathtub, but can spend less on the taps, for example. Have A Plan One of the worst things you can do when it comes to home improvements is to start a project without the major details — cost, time, materials, and design — as realistic as possible from the start. Nothing costs more than having to change your designs mid-stream. Use design tools to conceptualise your project and add a healthy buffer (10-15% or more) to your time and financial budget to account for the inevitable surprises. Smarter Loans >>> Faster Getting started The first step is getting your finance in place. Enter the amount you need for your project into our loan calculator. This will give you an estimate of what your monthly repayments and interest rates could be. Your actual interest rate will depend on your financial situation, how much you want to borrow, and the term of your loan. Our team prides itself on finding the right solutions for each client. Make sure you get the best options for you. Fill in our 3-minute application form, or call one of our experienced loan consultants on 0800 255 155. To provide you with the best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Worried about your finances? We can help Call us now! Bank said no? We may be able to help. Typically banks require a loan-to-value ratio (LVR) of 80%, but more often than not we can work with less than that. Make your existing home more enjoyable and create a beautiful, comfortable environment with a home renovation improvement loan from Loansmart. Get My Loan Today! Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Improve Your Credit Score Fast (7 Smart Tips) Improve Your Credit Score Fast (7 Smart Tips) Video Summary Your credit score shapes the loans and rates you can access. These seven practical tips show how to improve your credit score faster and strengthen your borrowing power. #### Loan Calculator “ Awesome team to deal with. My loan was approved within an hour of me contacting them. No hassles, no delays.” - Lorraine 100% Online Process Fast Application Approval Fast Loan Payout Find out what it will cost How much can I borrow? These payments are indicative only and calculated over a calendar year. Optional insurance and any establishment fees have not been included. All loan quotes are subject to: 1. Full application details, 2. Lenders conditions at the time of application and 3. Confirmation from a Loansmart representative. Unsecured Loan Repayment Calculator Want to know how much your weekly repayments will be? Try our quick and easy online loan repayment calculator. These repayments are for an Unsecured Loan and are indicative only. All loans are subject to full application, Lenders Conditions and confirmation from a Loansmart representative. Weekly Payment Total over 6 Months Total over 12 Months Total over 24 Months Total over 36 Months Total over 48 Months Total over 60 Months Apply Now Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.How much? How much? Repayment Term Weekly Total Payable 12 months$0$0 24 months$0$0 36 months$0$0 48 months$0$0 60 months$0$0 72 months$0$0 84 months$0$0 Submit Calculated at an example rate of 14.95% – our Annual Interest Rates (AIR) range from 9.95% – 32.50% with loan terms of 6 Months to 84 months.Fee’s apply including a Lender Establishment fee of up to $215 and a Loansmart Fee of up to $995Approval is subject to Lending Criteria, affordability assessment and confirmation from a Loansmart representative. Apply Now Try our other Calculators How much can I borrow? How much will it cost? Debt Consolidation Calculator Outstanding Customer Service View More Testimonials #### Loan FAQ’s “ Awesome to deal and very helpful.” - Malcolm We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Personal Loan FAQ's General What do I need to send you? To provide lending responsibly we need to identify you and also make sure you can afford the repayments. We need a photo ID such as a Passport or Driver License – you can email us a photo taken from your phone. We also need confirmation of your income, we usually get this by requesting your last three months of bank statements. We will send you a link to provide your recent statements direct to us securely online from your bank. Your consultant will go through this with you. How do I get my information to you? You can email a photo of your ID to us. And there is no need to print and scan your bank statements. We simply send you a link that authorises us to view your statements online. This is done easily and securely and your Personal Loan Consultant will go through this with you.Anything else required can be emailed to us. What happens once I have completed the application? Firstly, you will receive an email acknowledging receipt of your application and advising who your Personal Loan Consultant is and how best to contact them. Your consultant will request some information from you, and then commence the loan approval process, typically this takes between one and two hours* and your consultant will contact you if we have any queries or need to clarify anything.*Subject to responsible lending checks and lending criteria. You have approved my loan what happens now? We send your loan documents through to you electronically so you can sign them. We run through them with you to ensure you fully understand the terms, payments etc. What happens once I sign everything? Once the completed loan documents are returned to us with any requested information, your loan is processed that day. Depending on which bank you’re with, you will receive your funds that same day*. If it’s a bit too close to the end of the day the payment of the funds might need to be the following day.*Subject to responsible lending checks and lending criteria. What if I have poor credit or defaults? We can normally assist if we know the circumstances. In most cases we can still help if your current credit is up to date and your bank statements show good conduct.We can look to add collateral to the loan to improve the chances of approval. This could either be a motor vehicle or a property. Who will see my application? We treat your application confidentially and the only people who will see your application are us and any loan provider that we send it to. Cancellatons - after the loan has been advanced This section outlines the process for cancelling and refunding a loan.If you wish to cancel your loan before the funds have been advanced there is no fee payable.If you choose to cancel your loan application after the funds have been disbursed, you may do so within the cancellation period stipulated in the Loan Agreement, however, the Loansmart  Fee is non-refundable. This means that if you wish to cancel after receiving the funds, you will be required to repay both the full loan advance and the Loansmart fee.The Loansmart Fee is non-refundable because it covers the completion of all necessary steps in the loan process, including the time and resources dedicated to securing and processing your loan.To proceed with cancellation, please contact your Loan Consultant, who will provide you with the appropriate details to facilitate repayment and cancellation. I can’t find the answer to my query? Please contact us here. Debt Consolidation What debts can I consolidate? We like to do this properly which means we take all of your debts into consideration and consolidate them into one loan which is in sync with your pay day. Do you pay debts directly? Yes. We can pay debts directly if we have a Settlement Letter with the details for the settlement, or we will pay the funds to your bank account and you can pay them yourself.If another lender has security over an asset that we are using then we will need to pay this directly to make sure the asset is paid off for the new loan. Can I get some cash at the same time? In most cases we can get some cash for you as well as consolidating your debts. It all depends on your affordability which we will access and confirm the options to you. Insurance What types of Insurance do you offer? We have four different policies to offer depending on your needs:1. Credit Contract Indemnity Insurance (CCI) – This covers you in the event you are unable to work due to sickness, accident, or if you should unfortunately be made redundant. It also repays your loan should you die.2. Vehicle Warranties – Covers against unexpected mechanical or electrical faults.3. Comprehensive Vehicle Insurance – Covers against accident damage and theft.4. Guaranteed Asset Protection (GAP) – This covers against the shortfall if your insurance company pay-out is less than your finance settlement.Fully policy details are provided at the time. We go over the features and benefits of all insurance products to ensure they are suitable for you. All products are optional. What is the cost? The cost of a CCI policy varies depending on the size of your loan and the loan term. Warranties depend upon the year, make, model and mileage of your vehicle. and your driving history. The cost of any premium can be added to your loan or you can pay separately. Please contact us for a quote. Personal Loans What can I use a personal Loan for and do you need security? Personal Loans can be used for any legal reason and we are able to offer unsecured loans up to $75,000 for qualifying applicants. Larger loans may require security and we are able to use motor vehicles, properties, or a variety of other assets. Your consultant will discuss this with you. Property What if my property has a mortgage on it? Most of our clients do have a mortgage on their property. This is not a problem as we calculate the available equity after allowing for this mortgage.Depending on the deal we may require confirmation of the outstanding balance from the mortgage holder. Do I need to have my property insured? Yes we will require proof of insurance over the property as it is security for the loan. What if the property is owned by a Trust? No problem, we have the loan documentation completed in a specific way that you sign as a trustee of the Trust and then normally a guarantee in your personal name. Vehicle Loans Do you do Pre Approvals? Most definitely! We thoroughly recommend getting pre-approved prior to purchasing your next vehicle. All pre-approvals last for 30 days giving you plenty of time to track down that bargain. Alternatively, we can sometimes offer an unsecured loan and pay the funds to you so you can then go vehicle shopping with cash. Do you finance Private Sales? Yes, we are able to finance vehicles bought privately, through Trademe, vehicle tender or auction. We are not affiliated with any car dealers.We can even consider an Unsecured Loan* separate from the car you want to buy so that you get the funds direct to your bank account first. You can then shop for a car with the money ready to go.*Subject to responsible lending checks and lending criteria. Complaints What if I want to make a complaint? We are always looking at ways to improve our service to our customers, if something has gone wrong, we want to know. Please send us an email at enquires@loansmart.co.nz, or call us on 0800 255 155 so we can discuss with you. You can also write to us at: PO Box 28231, Remuera, Auckland 1546 When we receive a complaint, we will: Acknowledge your complaint within 1-2 working days. Initiate our complaints process according to our Complaints Management Policy. Gather and evaluate information about your complaint. If your complaint cannot be resolved immediately, we will provide you with a copy of our Complaints Disclosure document. Respond to you within 20 working days. If we cannot agree on how to resolve the complaint, you can contact Financial Services Complaints Limited (FSCL). FSCL are an independent, not-for-profit, external dispute resolution scheme approved by the Minister of Consumer Affairs. FSCL’s service does not cost you anything and they will help resolve the complaint. You can contact FSCL: 1. by calling 0800 347 257 2. by emailing complaints@fscl.org.nz 3. through FSCL’s website: www.fscl.org.nz 4. by writing to: FSCL, PO Box 5967 WELLINGTON 6011 Currently the interest rates we can offer range from 9.95% APR (Annual Percentage Rate) to a maximum APR (Annual Percentage Rate) of 32.50%. The rate offered will depend upon your credit history and personal circumstances. A typical example of a $10,000 loan that Loansmart can arrange is as follows: Loan Amount $10,000 Interest rate 14.95% Loan Term 60 months Loansmart Fee $745 Loan Repayments $59.91 per week Amount Payable $15,576.98 total Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. How much could you save? Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Loan Types & Borrowing Explained Loan Types & Borrowing Explained Choosing a lender can be confusing — but it doesn’t have to be. Loansmart’s Loan Types & Borrowing Explained break down what to look for, what to watch out for, and how to find the loan that actually works for you. Simple, clear advice to help you borrow smarter and avoid the common traps. Top Resources For Loan Types & Borrowing Explained Need A Loan But Keep Getting Declined? Loans for Not So Good Credit The Pros and Cons of Secured vs Unsecured Loans Car Loans NZ: Why a Car Loan Might Be Smarter Than Paying Cash 7 Ways to Use a Personal Loan For Home Improvement How Loansmart Makes Getting a Loan in NZ Easier All Borrowing Explained Loan Types Need A Loan But Keep Getting Declined? June 27, 2026 If you've been declined for a personal loan, you're not alone. Every day, borrowers search for answers after a bank rejects their loan application... Read More → Loans for Not So Good Credit October 24, 2025 If you’ve ever worried that your not-so-good credit history will stop you from getting a loan, you’re not alone. Read More → The Pros and Cons of Secured vs Unsecured Loans October 1, 2025 When it comes to getting a personal loan, it can feel like there are a million options out there. One of the first things you’ll ... Read More → Car Loans NZ: Why a Car Loan Might Be Smarter Than Paying Cash September 10, 2025 When you’ve saved up a chunk of money, it’s tempting to hand it all over for your next car. Read More → 7 Ways to Use a Personal Loan For Home Improvement August 15, 2025 Your home is more than just where you sleep – it’s your space, your comfort zone, and one of the biggest investments you’ll ever make. Read More → How Loansmart Makes Getting a Loan in NZ Easier August 7, 2025 Getting a loan in New Zealand can feel like a bit of a mission... Read More → Should You Use a Loan for a Holiday? Pros and Cons July 28, 2025 Dreaming of sipping cocktails in Fiji or road-tripping across New Zealand, but your bank account's screaming "not today"? Read More → How a Small Business Financing Loan Can Help You Scale Faster July 22, 2025 Scaling a business is exciting – but it can also be overwhelming. 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Read More → How to Choose the Right Lender – A Borrower’s Checklist May 20, 2025 Choosing a lender isn’t just about snagging the lowest headline rate—it’s about finding a partner who understands your unique needs... Read More → Winter Loans May 13, 2025 The cold weather is on its way, so what better time to get your home, your vehicle, and your finances in check for the chilly ... Read More → What Loan Terms Really Cost You: Interest vs Total Repayment Explained May 6, 2025 When it comes to taking out a personal loan, it’s important to understand interest rates and how they affect the total amount you will pay ... Read More → Looking for the Cheapest Quick Loans? March 13, 2025 When an unexpected expense pops up or an opportunity arises that you simply can’t ignore... Read More → Low Interest Unsecured Loans March 13, 2025 When life throws you an unexpected financial curveball or you need a boost to achieve your next big goal... 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Read More → What to do when looking for an instant loan July 26, 2023 Are Instant Loans Really Instant? If you’re searching for an ... Read More → Car Repair Loans July 26, 2023 How Car Repair Loans Work For many of us, our ... Read More → No Credit Check Loans in New Zealand: What You Need to Know July 21, 2023 Published Date: 21st July, 2023Modified Date: 24th  February, 2026Author: Murray Greig Are ... Read More → Emergency Vet Loans & Finance July 17, 2023 Vet Finance NZ Wide Get the Financial Support You Need ... Read More → What does a loan broker do? July 1, 2023 If you need to borrow money, using a loan broker can be a good way to ensure you’re getting a good deal... Read More → 3 Smart Reasons to Choose Loansmart April 5, 2023 Are you on the lookout for a trustworthy lender? Want more choices? How about some advice on your options? Look no further! Read More → Choosing a lender: One thing you may not know March 27, 2023 Loansmart is a proud member of the Financial Services Federation (FSF). This accomplishment speaks volumes about our dedication to responsible lending practices... Read More → How To Choose The Best Debt Consolidation Loan July 12, 2022 If you are struggling with debt, you may be considering a debt consolidation loan. This can be a great way to get your finances back ... Read More → Getting a loan online vs. going to the bank: Which is the best option when applying for a Personal Loan? May 3, 2022 A lot of people think they have no choice but to choose high cost lenders if they have a poor credit score, but that is ... Read More → How can I get a personal loan with bad credit? March 7, 2022 A lot of people think they have no choice but to choose high cost lenders if they have a poor credit score, but that is ... Read More → Could A Debt Consolidation Loan Help You? March 4, 2022 A debt consolidation loan is an option for anyone with more than one loan. But can they actually help improve your finances over time? Read More → Short Term Loans & Finance August 7, 2021 Short Term Loans A short term loan is a type ... Read More → Emergency Loans August 6, 2021 Fairer fees, lower interest rates Rates from 9.95%* Approval in ... Read More → Get $5,000 for around $55 per week! June 14, 2021 Quick Cash Loans   Get $5000, for around $55 per ... Read More → Weekend Loans May 5, 2021 Finance this weekend The weekend is almost here. Don’t let ... Read More → Bond Loans May 4, 2021 Secure your next rental with a Bond Loan from Loansmart! ... Read More → 24/7 Loans April 29, 2021 Open 24 Hours, 7 Days A Week Flights for that ... Read More → Tiny Home Loans April 8, 2021 Loansmart specialises in Tiny Home Loans, so you can count ... Read More → Dental Loans & Finance April 1, 2021 Need to Smile again? Are you in need of a ... Read More → Got $50 a Week? Get a $5000 Loan Now!* April 1, 2021 Got $50 a Week? Get $5000 Now!* Did you know ... Read More → Funeral Loans NZ March 31, 2021 Losing a loved one or close friend is not something ... Read More → #### Loans Auckland “ Loansmart have an awesome support system in place to help you with your application! This made me feel confident with my decision in what loan company to go with. ” - Classy Car Chargers We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Loans Auckland 800+ 5-star reviewsQuick and easy to applyFast approval and payoutUp to $75,000* with an Unsecured LoanBorrow more with a Secured Loan (Property and/or Vehicles)Helpful, professional teamLoansmart is an Auckland Personal Loan Broker that’s loved, trusted and preferred. Consistently rated 5/5 on Google, we go out of our way to provide a 5-star service to each and every one of our customers. Fast online loans are what we excel at.*Subject to responsible lending checks and lending criteria. Get My Loan Today! Outstanding Customer Service all types of Auckland loans We provide Auckland Personal Loans to all types of borrowers. There isn’t a lending situation we haven’t encountered before and can provide solutions to most.Our friendly Loan Consultants take the time to get to know you, and tailor solutions to meet your needs.Better still, we move fast; hence our tagline – Smarter Loans >>> Faster. Try our Loan Calculator Type of loans include Personal Loans Apply Now! EmergencyLoans Apply Now! Debt Consolidation Loans Apply Now! Fast, Same Day Cash Loans Apply Vow! Home Improvement Loans Apply now! Car Loans Apply Now! WeddingLoans Apply Now! Bad Credit Loans Apply Now! How do our Auckland Loan rates compare to a bank? In some cases the interest rates are lower than a bank, starting at just 9.95%.The actual rate you’re offered will depend on your financial situation. Loansmart is a trusted bank alternative lender that makes it easy to get a fast, low-cost loan. Try our Loan Calculator Easy Unsecured Auckland Loans It only takes a couple of minutes to apply and you should have an answer within a couple of hours.As long as you have regular income paid into your bank account and can meet your loan repayments, you should be able to get an Auckland unsecured loan easily. We take the hassle out of applying for Auckland loans with great customer service and:No face-to-face meetingsNo forms to sign, scan and uploadNo bank statements to print out, scan and emailOur application form takes just a couple of minutes and the entire process is handled online and/or over the phone. Get My Loan Today! Our Process How quick is the process? 1. Apply online in just a couple of minutes. 2. Provide us with a photo ID & recent bank statements. This is done online quickly, easily & securely. 3. We’ll call to introduce ourselves and discuss your needs. 4. We assess your application and find the best options for you. 5. 1-2 hours later* we present our options and you tell us which one you prefer. 6. Loan documents are sent through for you to be signed online. 7. Funds can be deposited into your account on the same day. *Subject to responsible lending checks & lending criteria Smarter Loans >>> Faster You don’t even need a perfect credit score! Although in some situations you may be required to provide security if your credit score is poor. Your Personal Loan Consultant will discuss options with you over the phone, so you know what to expect.Once approved, the money will be in your bank account the same day or next**Subject to responsible lending checks & lending criteria Call us now! Trusted, Proven & Preferred Take control of your borrowing and get a better lending experience too. At Loansmart we focus on meeting your needs, without making you jump through hoops! If you’re looking for an loan in Auckland, you’ve come to the right place.Tens of thousands of people choose us as their lending partner. Many of our customers come back to us when there is a future need. This is because they love what we do and our staff love helping them too.Loansmart is based in Auckland City and has customers in West Auckland, South Auckland, Auckland Central, the North Shore and all over NZ.For a VIP lending experience, apply for a loan online or give us a call. Loan rates start at just 9.95%*. Our process is simple and fast. You could have a decision in just 1 – 2 hours**Subject to responsible lending checks and lending criteria. Apply Online Now Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. How much could you save? #### Loans Christchurch “ Very efficient, responsive, great customer service, positive attitude and an absolute professional! ” - Aisake Kolone We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Loans Christchurch Rates from 9.95%*+800 5-Star Google reviewsSame-day approval and payout*Repayment options of 6 months – 84 monthsUp to $75,000* with an Unsecured LoanBorrow more with a Secured Loan (Property and/or Vehicles)Loansmart is highly reputable in the personal lending industry, we are loved, trusted and preferred.If you’re looking for a loan in Christchurch, from a company that can arrange low-cost loans, we’re the team for you!Consistently rated 5/5 on Google My Business, we go out of our way to provide 5-star service to each and every one of our valued customers. Check out our customer reviews.*Subject to responsible lending checks & lending criteria Get My Loan Today! Outstanding Customer Service More Options For More Chances Of Success We provide Personal Loans to all types of borrowers in Christchurch. There isn’t a lending situation we haven’t encountered before and can provide solutions to most*. Our customers love what we do, and we love helping them too!Our friendly loan consultants take the time to get to know you, and tailor solutions to meet your goals.Better still, we move fast; hence our tagline – Smarter Loans >>> Faster.*Subject to responsible lending checks & lending criteria Get My Loan Today! Types of Christchurch loans include Personal Loans Apply Now! Paying off Credit Card Debt Apply Now! EmergencyCash Loans Apply Now! Home Improvement Loans Apply Now! Debt Consolidation Loans Apply Now! Fast, Same Day Cash Loans Apply Vow! Bad Credit Loans Apply Now! Car Loans Apply Now! Highly competitive rates In some cases the interest rates are lower than a bank, starting at just 9.95%. The rate you’re offered will depend on your financial situation. Loansmart is a trusted bank alternative that makes it easy to get a Christchurch Personal Loan. It only takes a couple of minutes to apply and you should have an answer within 1-2 hours* . Get your loan approved today!. *Subject to responsible lending checks and lending criteria. Try our Loan Calculator How easy is it to get a Christchurch loan? As long as you have an income and can afford to meet your loan repayments, you should be able to get an online loan easily*.  We take the hassle out of applying for affordable loans with great customer service, and:No face-to-face meetingsNo forms to sign, scan and uploadNo bank statements to print out, scan and emailOur application form takes just a couple of minutes and the entire process is handled online or over the phone.*Subject to responsible lending checks and lending criteria. Give Us a Call! Smarter Loans >>> Faster You don’t even need a perfect credit score Even if you have a bad credit score, we may still be able to help you with bad credit loans; although in some situations you may be required to provide security. The lending criteria of the NZ Lenders we use isn’t as stringent, and so many people who have had lending declined by another company are able to access funds through us.Of course, this depends on your personal circumstances. Your Personal Loans Consultant will discuss options with you, so you know what to expect.*Subject to responsible lending checks and lending criteria. Get My Loan Today Our Process How quick is the process? 1. Apply online in just a couple of minutes. 2. Provide us with a photo ID & recent bank statements. This is done online quickly, easily & securely. 3. We’ll call to introduce ourselves and discuss your needs. 4. We assess your application and find the best options for you. 5. 1-2 hours later* we present our options and you tell us which one you prefer. 6. Loan documents are sent through for you to be signed online. 7. Funds can be deposited into your account on the same day. *Subject to responsible lending checks & lending criteria Take control Take control of your borrowing and get a better lending experience too.At Loansmart we focus on meeting your needs, without making you jump through hoops! If you’re based in Christchurch and looking for a loan, you’ve come to the right place.We do not provide payday loans, instead, we provide affordable loans to people with very diverse credit histories.Our rates start at just 9.95%*, our loan process is simple and you could have a decision in just 1 – 2 hours*.*Subject to responsible lending checks & lending criteria Apply now! Try Our Loan Calculators We have three depending on your needs! Find out –How much you could save with our Debt Consolidation CalculatorHow much you could borrow with our Personal Loan Calculator andHow much your repayments would beFor a VIP Christchurch loan experience, apply online or give us a call! It costs nothing to get a quote. Try our Loan Calculator Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. How much could you save? #### Loans Dunedin “ I have never dealt with a finance institute that had made the whole process so easy.” - T E We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Loans Dunedin Rates from 9.95%*+800 5-Star Google reviewsSame-day approval and payout*Repayment options of 6 months – 84 monthsUp to $75,000* with an Unsecured LoanBorrow more with a Secured Loan (Property and/or Vehicles)Looking for Dunedin Personal Loan? We make it happen.Loansmart has been helping Kiwis when the need arises since 2008. We have tens of thousands of ecstatically happy customers, and many of them return to us when there is a future requirement.This is because they love what we do and we love helping them too. Check out our reviews!*Subject to responsible lending checks and lending criteria. Get My Loan Today! Outstanding Customer Service Need an answer straight away? In just one call we can handle mostly everything for you. We answer our phones right away, so you won’t be put on hold.It’s all part of the VIP lending experience we offer our customers! Try our Loan Calculator Type of loans include Personal Loans Apply Now! Travel Loan Apply Now! EmergencyCash Loans Apply Now! WeddingLoans Apply Now! Debt Consolidation Loans Apply Now! Fast, Same Day Cash Loans Apply Vow! Car Loans Apply Now! Home Improvement Loans Apply Now! Small Loans Dunedin Fast, Easy & Transparent!There’s a reason we’re consistently rated 5/5 on Google Reviews! We know what’s important to our customers and go out of our way to provide a lending experience that’s second-to-none. Check out our loan reviews to see how easy we make it. Dunedin Loans Process How quick is the process? 1. Apply online in just a couple of minutes. 2. Provide us with a photo ID & recent bank statements. This is done online quickly, easily & securely. 3. We’ll call to introduce ourselves and discuss your needs. 4. We assess your application and find the best options for you. 5. 1-2 hours later* we present our options and you tell us which one you prefer. 6. Loan documents are sent through for you to be signed online. 7. Funds can be deposited into your account on the same day. *Subject to responsible lending checks & lending criteria Been declined elsewhere? Many people who have had lending declined by other lenders are still able to access funds through Loansmart. You don’t need a perfect credit score. Even if you have a bad credit score, we may still be able to help you with bad credit loans. The lending criteria of the NZ Lenders we use isn’t as stringent, and so many people who have had lending declined by another company are able to access funds through us. Of course, this depends on your personal circumstances. Your Personal Loans Consultant will discuss options with you, so you know what to expect. Call us now! Fast Loans Dunedin We move fast to get your loan approvedApply in 3 minutes and get an answer in 1-2 hours*We have a wider range of rate options than other lenders, starting at just 9.95%*We take care of everything for you, including sourcing your bank statements online so you don’t have to print & scan them.For a VIP lending experience, apply for a Dunedin Loan online with Loansmart or give us a call. Apply Online Now Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. How much could you save? #### Loans Hamilton “ Amazing, very quick professional Corene Bate definitely made it easy for me and my family couldn't thank you enough.” - Jayani Williams We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Loans Hamilton 800+ 5-star reviewsQuick and easy to applyFast approval and payoutUp to $75,000* with an Unsecured LoanBorrow more with a Secured Loan (Property and/or Vehicles)Helpful, professional teamLoansmart is an NZ Personal Loan Broker that’s loved, trusted and preferred. Consistently rated 5/5 on Google My Business, we go out of our way to provide 5-star service to each and every one of our customers. If you’re looking for a Hamilton Loan that’s processed fast and offers lower interest rates, we’re the financial service provider for you! Fast, same-day loans are our specialty.*Subject to responsible lending checks and lending criteria. Get My Loan Today! Outstanding Customer Service More Options For More Chances Of Success We provide Hamilton Loans to all types of borrowers. There isn’t a lending situation we haven’t encountered before and can provide solutions to most.We work with many lenders around New Zealand so we are able to provide our customers with more options. Our friendly loan consultants take the time to get to know you, and tailor solutions to meet your goals.Better still, we move fast; hence our tagline – Smarter Loans >>> Faster. Try our Loan Calculator Types of Hamilton loans include Personal Loans Apply Now! Travel Loan Apply Now! EmergencyCash Loans Apply Now! Home Improvement Loans Apply Now! Debt Consolidation Loans Apply Now! Fast, Same Day Cash Loans Apply Vow! WeddingLoans Apply Now! Car Loans Apply Now! COMPETITIVE INTEREST RATES In some cases the interest rates are lower than a bank, starting at just 9.95%.Loansmart is a trusted bank alternative that makes it easy to get a fast low-cost loan. It only takes a couple of minutes to apply and you should have an answer within a couple of hours. Try our Loan Calculator EASY LOANS Hamilton As long as you have regular income paid into your bank account and have the ability to meet your loan repayments, you should be able to help you get a loan easily. We take the hassle out of applying for affordable loans with great customer service and:No face-to-face meetingsNo forms to sign, scan and uploadNo bank statements to print out, scan and emailOur application form takes just a couple of minutes and the entire process is handled online and/or over the phone. Get My Loan Today! Our Process How quick is the process? 1. Apply online in just a couple of minutes. 2. Provide us with a photo ID & recent bank statements. This is done online quickly, easily & securely. 3. We’ll call to introduce ourselves and discuss your needs. 4. We assess your application and find the best options for you. 5. 1-2 hours later* we present our options and you tell us which one you prefer. 6. Loan documents are sent through for you to be signed online. 7. Funds can be deposited into your account on the same day. *Subject to responsible lending checks & lending criteria Smarter Loans >>> Faster You don’t even need a perfect credit score! Even if you have a bad credit score, we may still be able to help you; although in some situations you may be required to provide security. The lending criteria of the NZ lenders we use isn’t as stringent as traditional banks, and so many people who have had lending declined through a bank are able to access bad credit loans through us. Of course this depends on your personal circumstances. Your Personal Loan Consultant will discuss options with you, so you know what to expect.*Subject to responsible lending checks & lending criteria Call us now! Take control of your borrowing Take control of your borrowing and get a better lending experience too.At Loansmart we focus on meeting your needs, without making you jump through hoops! If you’re looking for a Hamilton loan, you’ve come to the right place.We do not provide payday loans, instead, we provide affordable loans even to people with bad credit*.Tens of thousands of people choose us as their lending partner. Many of our customers come back to us when there is a future need. This is because they love what we do and our staff love helping them too.Our rates start at just 9.95%*, our loan process is simple and you could have a decision in just 1 – 2 hours*.*Subject to responsible lending checks and lending criteria. Apply Online Now Try Our Loan Calculators Find out:If you could save with our Debt Consolidation CalculatorHow much you could borrow with our Personal Loan CalculatorWhat your repayment could be with our Repayment CalculatorFor a VIP lending experience, apply online or give us a call! Apply now! Try our Loan Calculator Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. How much could you save? #### Loans New Plymouth “ Loansmart assisted me in getting finance and paying off my debt to which I am now debt-free and very happy. ” - Kaara Paterson We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Loans New Plymouth 100% easy online application processRepayment options of 6 months – 84 monthsBorrow up to $75,000* with an Unsecured LoanBorrow more with a Secured Loan (Property and/or Vehicles)Rates from 9.95%*Hello New Plymouth, we’re Loansmart and our mission is to make borrowing money fast, easy and fair.Loansmart provides a bank alternative to access money when you need it. We arrange affordable finance for our customers.Current interest rates start at just 9.95%*. In some cases, this is lower than the main bank’s Personal Loan rates.Best of all, we provide an unbeatable VIP lending experience for each and every one of our customers. These aren’t empty words – see for yourself! Check out our hundreds of 5-star reviews on Google.*Subject to responsible lending checks and lending criteria. Get My Loan Today! Outstanding Customer Service Smarter Loans >>> Faster Loansmart has been in the personal finance space for over 15 years. We have our systems and processes down-pat, so applying for New Plymouth loans is hassle-free and enjoyable.Better still, we move fast; hence our tagline – Smarter Loans >>> Faster. Try our Loan Calculator New Plymouth Loans Process How quick is the process? 1. Apply online in just a couple of minutes. 2. Provide us with a photo ID & recent bank statements. This is done online quickly, easily & securely. 3. We’ll call to introduce ourselves and discuss your needs. 4. We assess your application and find the best options for you. 5. 1-2 hours later* we present our options and you tell us which one you prefer. 6. Loan documents are sent through for you to be signed online. 7. Funds can be deposited into your account on the same day. *Subject to responsible lending checks & lending criteria Bank said ‘No’? We say ‘Yes’ more often Loansmart works with many lenders around New Zealand so we are able to provide our customers with more options. Our lending criteria isn’t as stringent as a bank, and we certainly don’t make you jump through hoops! You can time your repayments to when you get paid and choose from a wide range of options.If you’ve been declined lending by another finance company, or you weren’t happy with the costs they quoted you, try our amazing team.Get a fast quote by filling out our 3 minutes application form. Get My Loan Today! Loan Types Include Personal Loans Apply Now! Paying off Credit Card Debt Apply Now! EmergencyCash Loans Apply Now! Home Improvement Loans Apply Now! Debt Consolidation Loans Apply Now! Fast, Same Day Cash Loans Apply Vow! WeddingLoans Apply Now! Car Loans Apply Now! We Make It Easy Fast, Simple and Transparent!There’s a reason we’re consistently rated 5/5 on Google Reviews! We know what’s important to our customers and go out of our way to provide a lending service that’s second to none.Check out our reviews to see how easy we make it. Try our Loan Calculator Take control of your borrowing Take control of your borrowing and get a better lending experience too. At Loansmart we focus on meeting your needs, without making you jump through hoops!If you’re based in New Plymouth or Taranaki surrounding regions and looking for a brilliant team with outstanding service, you’ve come to the right place. Apply now! Try our Loan Calculator Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. How much could you save? #### Loans Wellington “ Thank you to Loansmart, they were quick and communicative throughout the entire process and made it very easy and hassle-free.” - Jshayna Ratana We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Loans Wellington Rates from 9.95%*Same-day approval and payout*Repayment options of 6 months – 84 monthsUp to $75,000* with an Unsecured LoanBorrow more with a Secured Loan (Property and/or Vehicles)Easy online loan application processHow do we compare to a bank?Loansmart is a bank alternative that’s fast, fair and affordable. Current interest rates we can arrange start at just 9.95%*. This can result in you getting a lower rate than a Personal Loan from the bank.*Subject to responsible lending checks and lending criteria. Get My Loan Today! Outstanding Customer Service How easy is it to get a Wellington personal loan? As long as you have regular income paid into your account and can afford to meet your repayments, it should be pretty straightforward to get a Wellington unsecured loan.Our team is easy to reach over the phone. In fact, you won’t have to wait. Give us a call now for an idea of how much money you could borrow and what your rates could be. Try our Loan Calculator Smarter Loans >>> Faster ENJOYABLE AND AFFORDABLE Loans Wellington Loan repayments are structured so you can comfortably afford to meet your payments. You can apply in no time at all and cash could be in your account the same day or overnight.You can time your repayments to when you get paid to make debt simple, and the loan terms are fair and reasonable. Call us now! Our Process How quick is the process? 1. Apply online in just a couple of minutes. 2. Provide us with a photo ID & recent bank statements. This is done online quickly, easily & securely. 3. We’ll call to introduce ourselves and discuss your needs. 4. We assess your application and find the best options for you. 5. 1-2 hours later* we present our options and you tell us which one you prefer. 6. Loan documents are sent through for you to be signed online. 7. Funds can be deposited into your account on the same day. *Subject to responsible lending checks & lending criteria Easy Loans Wellington with More options than most Loansmart has been lending for over 15 years. We have our systems and processes down-pat, so applying is hassle-free.If you’ve been declined lending by another finance company, or you weren’t happy with the costs they quoted you, try us. It costs nothing to get a quote.Apply for a loan online. Fill in our simple application form and you could have an answer 1 – 2 hours*.*Subject to responsible lending checks & lending criteria Get My Loan Today! Type of loans include Personal Loans Apply Now! Travel Loan Apply Now! EmergencyCash Loans Apply Now! Home Improvement Loans Apply Now! Debt Consolidation Loans Apply Now! Fast, Same Day Cash Loans Apply Vow! WeddingLoans Apply Now! Car Loans Apply Now! your lending partner Loansmart aspires to be your lending partner whenever the need arises during your life. We provide loans across Wellington Central, Lower Hutt, Upper Hutt and NZ Wide.Tens of thousands of people across NZ choose us to be their go-to company to arrange a loan to access extra money when it’s needed.For a VIP Wellington loan experience, apply online or give us a call! It costs nothing to get a quote. Apply Online Now Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. How much could you save? #### Loansmart – Smarter Loans, Faster Loansmart - Smarter Loans, Faster Video Summary Discover what makes Loansmart different: smarter personal loans, approved faster. A quick look at how Loansmart helps New Zealanders borrow with confidence and ease. #### Loansmart Limited Disclosure Statement Loansmart Disclosure Statement Loansmart Limited Disclosure Statement Loansmart Limited Disclosure Statement At Loansmart we strive to find the best Personal Loan for your situation, understanding your goals and objectives will enable us to recommend a suitable Personal Loan for you. All our advisers are trained in considering all the options available for you and your circumstances. We have been operating since 2008 and are continually striving to find the best options in the NZ lending market License information 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.We do not provide financial advice service related to:a. Investment products (e.g., shares, bonds, managed funds, etc.) and Kiwi Saver products.b. Estate planning (such as Wills, Enduring Powers of Attorney, and trusts of any description).c. Personal risk insurance (e.g.; life insurance, mortgage protection insurance, serious illness or trauma insurance, medical insurance, disability insurance, etc.,)Our contact details are:Loansmart LimitedPO Box 28 231 Remuera, Auckland 1541Email: enquires@loansmart.co.nzPhone: 0800 255 155 Nature and Scope of Engagement Personal Loan Broker – Loansmart provides advice to our clients about Personal Loans & Credit-related insurance. We only provide financial advice about products from certain providers. For Personal and Vehicle loans, we work with the following lenders: Avanti Finance Limited – 30 Daldy Street, Auckland 1010 Finance Now Limited – 51 Don Street, Invercargill 9810 Pioneer Finance Limited – 106/100 Parnell Road, Parnell, Auckland 1052 Nectar Trustee Limited – Level 1, 22 Fanshawe Street, Auckland 1010 Personal Loan Corporation Limited – 10 The Esplanade, Eastern Beach, Auckland 2012 Community Financial Services Limited – 2-4 Sultan Street, Ellerslie, Auckland 1051 Financial Holdings Limited – 17 Kalmia Street, Ellerslie, Auckland 1051 Branded Financial Services (NZ) Limited – Level 3, 30 Daldy Street, Auckland 1010 Lifestyle Money Limited – Building 6 15 Accent Drive, East Tamaki, Auckland 2013 Geneva Finance Limited – Level 3, 3 Te Kehu Way, Mt. Wellington, Auckland 1060 Oxford Finance Limited – Level 5, 70 Shortland Street, Auckland 1010 The referral partners we use when suitable are: Rhino Solutions Limited – Level 3, 17 Albert Street, Auckland 1010 Aotea Finance – 27 East Tamaki Road, Papatoetoe, Auckland 2025 Prospa NZ – 74 Taharoto Road, Takapuna, Auckland 0622 Broadlands Finance – Level 3, 445 Karangahape Road, Auckland 1010 Loan Market NZ – 22 Kings Crescent, Lower Hutt 5010 For credit-related insurance, we work with the following companies: Provident Insurance Corporation Limited – Floor 1, 61 Hurstmere Road, Takapuna, Auckland 0622 Financial Holdings Limited CCI – 17 Kalmia Street, Ellerslie, Auckland 1051 How we operate To ensure that our financial advisers prioritise the client’s interests above their own, we follow an internationally recognised professional advice process to ensure our recommendations are made based on the client’s goals and circumstances. Advice Conduct Loansmart, and anyone who gives financial advice on our behalf, have duties under the Financial Markets Conduct Act 2013 relating to the way that we give advice. We are required to: give priority to your interests by taking all reasonable steps to make sure our advice is not materially influenced by our own interests exercise care, diligence, and skill in providing you with advice meet standards of competence, knowledge and skill set by the Code of Professional Conduct for Financial Advice Services (these are designed to make sure that we have the expertise needed to provide you with advice) meet standards of ethical behaviour, conduct and client care set by the Code of Professional Conduct for Financial Advice Services (these are designed to make sure we treat you as we should, and give you suitable advice). This is only a summary of the duties that we have. More information is available by contacting us, or by visiting the Financial Markets Authority website at www.fma.govt.nz. Remuneration - How Loansmart gets paid Loansmart Fee – Loansmart may charge a fee based on the size and complexity of the loan. This fee is up to 5% of the loan amount plus $245, to a maximum of $995 for unsecured loans (GST exclusive). For secured loans the calculation is the same, but the maximum fee is $1995 (GST exclusive).Insurance related products – Loansmart may receive a commission on any insurance product that is taken with the loan. The commission amount is a percentage of the insurance premium and will vary depending on the provider.All fees & insurance premiums can be financed as part of the loan (added to the loan).Commission – We may receive a commission from the lender when a loan is completed. The commission amount is a percentage of the loan amount and will vary depending on the lender.Referral Commission – If we are unable to arrange a loan approval for you with one of our lenders and we believe one of our referral partners could assist you, we will refer your application to them. This will be communicated at the time. We may receive a referral commission of up to 13% of the loan amount if this referral leads to you taking a loan with them. Cancellations This section outlines the process for cancelling and refunding a loan.If you wish to cancel your loan before the funds have been advanced there is no fee payable.If you choose to cancel your loan application after the funds have been disbursed, you may do so within the cancellation period stipulated in the Loan Agreement, however, the Loansmart Fee is non-refundable. This means that if you wish to cancel after receiving the funds, you will be required to repay both the full loan advance and the Loansmart fee.The Loansmart Fee is non-refundable because it covers the completion of all necessary steps in the loan process, including the time and resources dedicated to securing and processing your loan.To proceed with cancellation, please contact your Loan Consultant, who will provide you with the appropriate details to facilitate repayment and cancellation. Conflicts of interest We take any perceived or real conflicts of interest very seriously and have a dedicated policy for dealing with such issues whereby we avoid, disclose and/or manage any conflicts so that our client’s interests are placed first.All our financial advisers undergo annual training about how to manage conflicts of interest. We maintain registers of conflicts of interests, and the gifts and incentives we receive. Loansmart monitors these registers and provides additional training where necessary. Loansmart performs an annual review of our compliance programme. Complaints handling and dispute resolution We are always looking at ways to improve our service to our customers, if something has gone wrong, we want to know. Please send us an email at enquires@loansmart.co.nz, or call us on 0800 255 155 so we can discuss with you. You can also write to us at: PO Box 28231, Remuera, Auckland 1546 When we receive a complaint, we will: Acknowledge your complaint within 1-2 working days. Initiate our complaints process according to our Complaints Management Policy. Gather and evaluate information about your complaint. If your complaint cannot be resolved immediately, we will provide you with a copy of our Complaints Disclosure document. Respond to you within 20 working days. If we cannot agree on how to resolve the complaint, you can contact Financial Services Complaints Limited (FSCL). FSCL are an independent, not-for-profit, external dispute resolution scheme approved by the Minister of Consumer Affairs. FSCL’s service does not cost you anything and they will help resolve the complaint. You can contact FSCL: 1. by calling 0800 347 257 2. by emailing complaints@fscl.org.nz 3. through FSCL’s website: www.fscl.org.nz 4. by writing to: FSCL, PO Box 5967 WELLINGTON 6011 Ask us - we are here to help We welcome any questions or queries you have in relation to this important information but more importantly, we look forward to working with you.A copy of this Disclosure Statement can be emailed to you upon request. #### Loansmart News & Industry Updates 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. Top Resources For Loansmart News & Industry Updates Arrears Continue to Improve, But Pressure Remains in Unsecured Lending Arrears Improve Overall, But Unsecured Lending Remains Under Pressure Arrears Peak as Seasonal Pressures Continue Arrears Rise Seasonally as Holiday Spending Bites Our 1,000th review — Yippee! On the Road to 1,000 Reviews: 17 Years of Loansmart, Told by Our Customers Arrears Continue to Improve, But Pressure Remains in Unsecured Lending May 30, 2026 In our April market report, consumer arrears sat at 12.09%, with 473,000 people behind on payments. Read More → Arrears Improve Overall, But Unsecured Lending Remains Under Pressure May 5, 2026 The latest Centrix Credit Indicator (March 2026) shows New Zealand’s credit conditions have improved overall, with consumer arrears falling after last month’s seasonal peak. Read More → Arrears Peak as Seasonal Pressures Continue April 3, 2026 In our February market report, consumer arrears were 12.07%, with 471,000 people behind on payments. Read More → Arrears Rise Seasonally as Holiday Spending Bites February 17, 2026 In our December market update, consumer arrears had dropped to a two-year low, with 11.83% of the credit-active population behind on payments and 459,000 people ... Read More → Our 1,000th review — Yippee! January 20, 2026 As we count down to our 1,000th review, we’ve been looking back on 17 years of helping Kiwis find smarter finance solutions. Read More → Arrears Easing: 468,000 Kiwis Behind on Payments November 13, 2025 After months of stubborn repayment pressure, the latest Centrix Credit Indicator Report (September 2025) finally shows signs of improvement in household finances... Read More → On the Road to 1,000 Reviews: 17 Years of Loansmart, Told by Our Customers October 9, 2025 As we count down to our 1,000th review, we’ve been looking back on 17 years of helping Kiwis find smarter finance solutions. Read More → Arrears Still Rising: 480,000 Kiwis Behind on Payments October 6, 2025 Last month, we highlighted how 478,000 New Zealanders were behind on repayments — a sign that financial hardship was still widespread despite some encouraging trends. Read More → 478,000 Kiwis Behind On Repayments; High Financial Hardship Cases Persist August 9, 2025 As Kiwis continue to face tough economic times, the latest Centrix Credit Indicator Report for July 2025 reveals something many are already feeling: loan arrears ... Read More → Financial Hardship Grows as Arrears Hold Steady July 18, 2025 The latest June 2025 Centrix Credit Indicator shows that while arrears may have stabilised slightly across the country, thousands of New Zealanders remain under growing ... Read More → Mortgage Arrears Hit 8-Year High as Kiwis Seek Faster, Smarter Financial Solutions May 8, 2025 New industry data reveals New Zealand mortgage arrears have climbed to an eight-year high, reaching 1.58% in March... Read More → OCR Drops Not Enough To Give Borrowers Relief – Arrears On The Rise May 8, 2025 Kiwis’ wallets are under pressure right now... Read More → 491,000 Kiwis Behind on Credit Repayments – What This Means for You  March 13, 2025 More than 491,000 New Zealanders are struggling to keep up with their credit repayments... Read More → Urgent Loans for Bad Credit NZ August 1, 2024 If you’re searching for “urgent bad credit loans”, there’s a good chance you’re in this situation... Read More → More kiwis falling behind on car loan repayments May 17, 2024 People with car loans are finding it harder to make their loan payments on time, according to latest data from credit reporting agency Centrix... Read More → Increased unsecured loan limit great news for borrowers April 12, 2024 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... Read More → 480,000 Kiwis fall behind on credit payments March 12, 2024 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... Read More → Cost of Living Loans: Borrowing To Cover Living Expenses February 1, 2024 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 ... Read More → Lending Arrears Overview – July August 29, 2023 Real-life stories of how loansmart helped people with bad credit. At Loansmart, we know that life can throw curveballs that affect your credit... Read More → Loansmart Launches Guides To Making Smarter Financial Decisions August 21, 2023 With the cost of living continuing to increase for many New Zealanders, making smart financial decisions is as important as it’s ever been... Read More → Loansmart Becomes First Loan Broker to Join Financial Services Federation April 6, 2023 Loansmart is proud to announce that it has become the first loan broker to join the Financial Services Federation (FSF)... Read More → 11.9% of New Zealanders are reported to be behind on credit repayments March 13, 2023 With major economic events pushing the cost of living higher and recent weather disasters causing disruption to many lives... Read More → In New Zealand, personal loans are in high demand January 31, 2023 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 ... Read More → New Advertising Requirements Shake Up NZ’s Loan Market October 15, 2021 The NZ loan market is about to undergo another significant shakeup, that will impose restrictions on how lenders advertise from December 2021. Read More → #### Loansmart TV LoansmartTV Watch how Loansmart makes lending smarter. Real Kiwis Real Stories Smart Solutions Hit play and see how smart lending really works.Every story on Loansmart TV is inspired by real Kiwis who’ve turned financial stress into success — with a little help from our smarter solutions.Hover your mouse over any story that catches your eye to learn more, or scroll down to explore even more ways we’ve helped Kiwis get ahead. #### Lower Your Loan Repayments | Debt Consolidation Loan Lower Your Loan Repayments | Debt Consolidation Loan Video Summary Multiple debts with high repayments can stretch any budget. Learn how a Loansmart debt consolidation loan can combine what you owe into one lower, more manageable repayment. #### Need a $1500 Loan for Car Repairs? | Watch This First Need a $1500 Loan for Car Repairs? | Watch This First Video Summary Unexpected car repairs can't always wait for payday. This video explains how a small $1,500 Loansmart loan can cover urgent repair costs and keep you on the road. #### Our Process “ Recently got our personal loan approved all thanks to Loansmart who tried everything to help my family tidy up our debts.” - Peti We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster How To Apply For A Personal Loan Want to know how to apply for a personal loan? We’ve summarised the loan application process in 7 easy steps.  It’s fast and easy to apply for a personal loan with Loansmart. No complicated forms, trips to the bank or the need to scan and upload bank statements. You could have funds in your account today or tomorrow. Learn the loan process so you know what to expect.   How quickly can I get a loan? 1. Apply online in just a couple of minutes. 2. Provide us with a photo ID & recent bank statements. This is done online quickly, easily & securely. 4. We assess your application and find the best options for you. 5. 1-2 hours later* we present our options and you tell us which one you prefer. 6. Loan documents are sent through for you to be signed online. 7. Funds can be deposited into your account on the same day. *Subject to responsible lending checks & lending criteria Helpful, professional and fast - we jump through hoops so you don’t have to! You’ll be assigned a Personal Loan Consultant who will help you through the process,so there are no delays getting the funds to you. Call us Now! Apply Now Smarter Loans >>> Faster But we don’t stop there Your Personal Loan Consultant is with you for the duration of your application. If you have any questions, or your circumstances change, give them a call. Having a Personal Loan Consultant means you don’t need to explain your situation every time you get in touch with us. This way we can provide a faster, more responsive service. To provide the very best Loan experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that wants to help you Call us now! Need More reasons to choose us? Fast, Easy Process Once you’ve applied for a loan with Loansmart, you can sit back and let us take care of the process for you. Our professional team will keep you in the loop so you know exactly where you’re at with your application.We work fast, so you get your loan approved faster. Once your loan is approved, and final steps completed, you can receive payment that day or overnight*!*Subject to responsible lending checks. Experienced & Friendly Team Taking out a loan is a big step. Our team genuinely cares and works hard to get your loan approved while also taking the time to find better options for you.Providing smarter loan solutions is what we do best.Read our 5 Star reviews to learn about the extra effort we put in for each and everyone of our clients. Low Cost Lending There are two types of lenders – ‘High Cost’ and ‘Low Cost’. By definition anyone who charges more than 50% is a high cost lender. All our loan providers are low cost lenders with interest rates between 9.95% to 32.50%. The interest you pay depends on the amount borrowed, your personal circumstances and credit history. Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Personal Loans “ We had approached our bank multiple times and each time were disappointed that they were not able to assist us. Loansmart made it happen.” - RP We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Personal Loans At Loansmart we focus on meeting your needs, without making you jump through hoops! If you’re in need, we can arrange loans from our providers who offer: Rates from 9.95%* Same-day approval and payout* Repayment options of 6 months – 84 months Up to $75,000* with an unsecured loan Borrow more with a Secured Loan (Property and/or Vehicles) Easy online loan application process Loansmart arranges loans through our providers, and a fee for using our service only applies if you enter into a loan arranged by us. Taking out a personal loan is a big step, and we’ve been helping Kiwis with their personal loan needs since 2008. Whatever you need funding for, we’ll work to get you the best possible deal from our loan providers because we believe everyone deserves access to fair, low-cost loans.Loansmart is trusted to provide an excellent online service. This is why we have so many returning customers – our clients love what we do!*Subject to responsible lending checks and lending criteria. Get My Loan Today! GET A FAST PERSONAL LOAN THAT’S FAIRER TOO Choose a repayment plan that works for you Benefit from lower interest rates and fees Pay debt down faster and save on loan costs Set yourself up for success More options for more chances of approval Don’t pay more than you need to and get more options up front. Apply for a personal loan free online or call our team to chat about your situation and ask any questions you have before proceeding. In just one call we can handle mostly everything for you. We have real people ready to talk to you! Try our Loan Calculator WE WANT TO HELP YOU Our team genuinely cares and moves fast to find better Personal Loan options for you. Providing smarter loan solutions is what we do best. Pay down debt faster and affordably with low establishment fee, lower fees and interest rates. Get more options from a team that cares. Locking you into a cycle of high interest, fees and debt is not what we’re about. We want to help you get into a better financial position, with money to make life more comfortable. Call us Now! Apply Now Smarter Personal Loans Looking for a better loan solution? A Personal Loan can be a great way to reach your goals faster, or if you find yourself in need of some extra cash. Whether you’re in need of a new car, house renovation or your dream wedding, Personal Loans enable you to turn your dreams into reality.Better still, we make it easy without the usual loan processing bureaucracy, hassle and red tape that comes with applying through a bank. We use a wide range of loan providers which means we’re more likely to say yes!Unlike traditional loans, with Loansmart it’s all online. There is no need for face-to-face appointments or tedious paperwork. You don’t have to worry about printing out bank statements, scanning and emailing them through. We have a short & free application form to apply. If you prefer having someone to talk to, our friendly staff are available to take your call on 0800 255 155.Loansmart offers a fast, professional loan experience. We’re renowned for providing smarter solutions, to help you save on loan costs. Talk to a team that moves fast to find the best options for you and provides you with a VIP experience.It’s quick and easy to apply. You can apply online or over the phone. We then help you with the next steps of providing Photo ID & Bank Statements securely online.Apply for a Personal Loan online before 1 pm and cash could be in your account the same day or the next morning* – it’s that simple!*Subject to responsible lending checks. Get A Free Loan Assessment Personal Loan Fees, Interest Rates & Loan Terms As with any form of loan you will pay fees and interest on any amount borrowed. Loan costs vary depending on your current financial situation, credit history, total loan amount and repayment period. Loansmart provide access to low-cost lenders with competitive interest rates starting at just 9.95%*. Once approved, your loan amount, interest rate, loan term, repayments and fees are confirmed before you choose to proceed – there is no cost to apply.The Personal Loan repayment terms we can offer vary as we want to ensure you are set up for repayment success. The minimum loan term available is 6 months, and the maximum is 84 months. Having access to longer loan terms can result in a lower repayment amount to give you that extra buffer when creating your budget.Choosing the right company for your Personal Loan can be quite the headache! That’s why we try to make the process simple so you can focus on getting your funds sorted sooner. Loansmart has an online loan calculator,  to help you get an estimate on your loan before you apply. Call us now Types of personal loans Our customers apply for Personal Loans for a wide range of reasons. The most popular loan purposes we encounter are Car Loans, Wedding Loans and Debt Consolidation Loans. These are just a fraction of the types of loans we offer, others include: Emergency Loans Second Chance Loans Dental Loans Vet Finance Tiny Home Loans Rental Bond Loans Funeral Loans Home Improvement Loans Smarter Loans >>> Faster We can help you with Car Loans Find out more Same Day Loans* Find out More Debt Consolidation Loans find out more Home Improvement Loans Find Out More BusinessLoans Find out more WeddingLoans Find out More Bad Credit Loans find out more Small Cash Loans Find Out More *Subject to responsible lending checks. In A Hurry? Need funds Now? EMERGENCY LOANS We understand emergencies happen and when they do you need finance sorted fast. That’s why we offer emergency loans so you can get the funds you need ASAP.We prioritise all emergency loan applications we receive so you can be assured you end up at the top of the queue. Our online loan application form only takes 3-minutes to complete so you don’t have to worry about tedious paperwork. Apply Now Prefer to apply over the phone? We’re keen to talk. Within 5 minutes you’ll have a good idea of what your options are, and we take care of mostly everything in one phone call. Call us now Personal Loan FAQs What can I use a Personal Loan for? Personal loans is a term used to cover a wide variety of loans. You can use your Personal Loan for pretty much any ‘personal’ reason so long as it’s legal! You receive a lump sum payment to cover expenses or purchases. Common uses are – emergency loans, wedding loans, car loans, home renovation loans, and holidays. You can even use a personal loan to consolidate debt into one, typically more affordable, loan. This type of personal loan is called a debt consolidation loan. What security do you use? If you are borrowing up to $75,000, you may not need to provide security. Whether or not you need security will depend on your financial circumstances.  The majority of our loans are unsecured. If you do require security your Loan Consultant will discuss this with you. Typically we can use late model cars as security, or homes.  What if I have a poor credit rating or defaults? We can normally assist if we know the circumstances. In most cases we can still help or we may require additional security. This type of loan is typically referred to as a bad credit loans or, as we like to refer to them – Second Chance Loans. There are many reasons people end up with a poor credit score, and sometimes it’s due to situations beyond their control. We understand this and work hard to find affordable solutions that work for each client.  If you have poor credit, it’s important to choose a company with a team that is empathetic and will take the time to listen to your story. That’s us! We help hundred’s of people each week who have less than favourable credit ratings obtain finance. We’ve been doing it a long time and we are very good at it!  What is the process for applying for a loan? There are essentially 7-steps to loan application success! The great news is we take care of 4 of them for you. All you need to do is apply for a loan online, and provide us with Photo ID & recent bank statements securely online. Learn more about How To Apply For A Personal Loan.  Who will see my application? We treat your application confidentially and the only people who will see your application are Loansmart and any loan provider that we send it to.  What if I need help applying? Just give us a call. Our team of experienced and helpful consultants will talk you through the process. We answer our phones super fast, so you won’t have to wait. Give us a call now on 0800 255 155. How do I get my information to you? You can email or text a photo of your ID to us. No need to print, scan or upload your bank statements. We simply send you a link that authorises us to view your statements online. This is done easily and securely.  Your Personal Loan Consultant will go through this with you. I can't find the answer to my query? Please contact us on 0800 255 155. Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Privacy Declaration Loansmart Privacy Policy Introduction:Loansmart Limited (we, us, our) complies with the New Zealand Privacy Act 2020 (the Act) when dealing with personal information. Personal information is information about an identifiable individual (a natural person). This policy sets out how we will collect, use, disclose, and protect your personal information.This policy does not limit or exclude any of your rights under the Act. If you wish to seek further information on the Act, you can contact our Privacy Officer by email at admin@loansmart.co.nz. Or visit www.privacy.org.nz for further information.Changes to this policy:We may change this policy by uploading a revised policy onto the website. The change will apply from the date that we upload the revised policy.What is personal information?Personal information is information about an identifiable individual. It includes (but is not limited to) name, address, contact details, date of birth, occupations, payment details, employment history and/or details, education and qualifications, financial information, testimonials and feedback, evidence of source of funds or source of wealth (in some cases) and other information.Where we collect your personal information from someone other than you, we will take reasonable steps to notify you that we have collected your personal information, the purpose of the collection, the intended recipients of the information, the name and address of the agency collecting and holding the information, whether the collection is authorised or required by law and, if so, the law that authorises or requires the collection, and your right to access and request correction of that information, unless an exception applies under the Privacy Act 2020.We will use your personal information:to verify your identityto provide services and products to youto market our services and products to you, including contacting you electronically (e.g. by call, text, or email for this purpose)to improve the services and products that we provide to youto respond to communications from you, including a complaintto protect and/or enforce our legal rights and interests, including defending any claimfor any other purpose authorised by you or the Act.Disclosing your personal information:We may disclose your personal information to:Other companies or individuals who assist us in providing services or who perform functions on our behalf (such as mailing houses, hosting and data storage providers, specialist consultants, and legal advisers);Product providers (such as but not limited to lenders and insurance companies);Financial advisers and financial advice providers who may use our services;Other companies or individuals who perform checks (such as but not limited to compliance reviews and audits) that are necessary or desirable under the law on our behalf;Other companies, agencies, or individuals that maintain databases against which your identity may be verified, which may include (but are not limited to) the New Zealand Department of Internal Affairs, and New Zealand Transport Agency;Social media sites on which we may have a presence;Courts, tribunals, and regulatory authorities (such as the Financial Markets Authority, and the Ministry of Justice in New Zealand);Office of the Ombudsman, where a complaint relates to official information;Any person or agency we believe could assist in responding to a serious privacy breach.Office of the New Zealand Privacy Commissioner, where a complaint relates to breach of the Privacy Act 2020;Human Rights Commission, where a complaint relates to discrimination;CERT NZ, where appropriate to assist with the management of a voluntarily notified privacy breachOverseas privacy regulator, where a complaint relates to the actions of an overseas agency; andAnyone else to whom you authorise us to disclose it.Except as described above, we will not disclose your personal information without your written or oral consent, unless we are required to do so by applicable law.Protecting your personal information:We will take reasonable steps to keep your personal information safe from loss, unauthorised activity, or other misuse. Our software is subject to audits to ensure it is continuing to meet security requirements. All data handled in our software is encrypted in transit and during storage and can only be accessed over secure network connections.Storing your personal information:We will only retain personal information as long as it is required for the purposes for which the information may lawfully be used. All data stored online is backed up and can be retrieved in the event of data loss or corruption.Data will sometimes be held on-premises at Level 18, 55 Shortland Street, Auckland 1010, if it is provided to us outside our software.Accessing and correcting your personal information:Subject to certain grounds for refusal set out in the Act, you have the right to access your readily retrievable personal information that we hold and to request a correction to your personal information. Before you exercise this right, we will need evidence to confirm that you are the individual to whom the personal information relates.In respect of a request for correction, if we think the correction is reasonable and we are reasonably able to change the personal information, we will make the correction. If we do not make the correction, we will take reasonable steps to note the personal information that you requested the correction.If you want to exercise either of the above rights, email us at admin@loansmart.co.nz. Your email should provide evidence of who you are and set out the details of your request (e.g. the personal information, or the correction, that you are requesting).Data Breaches:Our Privacy Officer has processes and systems in place in the unfortunate event of a data breach. If such an event occurs, we will promptly identify, report and examine a personal data breach.Internet use:While we take reasonable steps to maintain secure internet connections, if you provide us with personal information over the internet, the provision of that information is at your own risk.If you follow a link on our website to another site, the owner of that site will have its own privacy policy relating to your personal information. We suggest you review that site’s privacy policy before you provide personal information.We use cookies (an alphanumeric identifier that we transfer to your computer’s hard drive so that we can recognise your browser) to monitor your use of the website. You may disable cookies by changing the settings on your browser, although this may mean that you cannot use all of the features of the website.We may use information about your use of our websites and other IT systems to prevent unauthorised access or attacks on our software. We may utilise services from one or more third-party suppliers to monitor the use of our systems. These third-party suppliers will have access to monitoring and logging information as well as information processed on our websites and other IT systems. #### Provident Insurance “ "One of the best insurance providers I have dealt with. Not just because they have approved my claim but the overall experience dealing with this company has been good." - Likhil landge We Make It Easy Rates From 9.95%* We Provide More Options Protecting Yourself with Loansmart through Provident Insurance Motor Vehicle Insurance If you have car insurance that you’re not sure about, or are currently in need of cover, motor vehicle insurance from Provident could be what you need. Get a free quote CreditCare Insurance Enjoy the benefits that CreditCare Insurance offers you with Loansmart’s partnership under Provident Insurance. CreditCare Insurance protects you against the unexpected, ensuring your loan repayments are taken care of when life takes an unplanned turn.More information below: What is CreditCare Insurance? CreditCare Insurance is designed to protect your loan by covering repayments when unforeseen challenges arise.While borrowing offers the freedom to achieve your goals, life sometimes throws curveballs.CreditCare steps in during tough times like accidents, illnesses, hospitalisation, redundancy, income disruption, and even untimely death.With CreditCare Insurance, you can face the future with confidence, knowing you and your family are protected from financial strain should an unexpected insured event occur. Key Features of CreditCare Insurance With CreditCare Insurance, Provident will cover your regular loan repayments, meaning Provident will cover some or all of your loan repayments to your loan if you suffer financial loss as a result of an unexpected insured event covered by the policy.Single, Joint or Double CreditedCare insurance cover is available, through the following levels of cover:Cover Option 1: Covers some or all of your loan repayments in the event of your Death, Hospitalisation, or Bankruptcy.Cover Option 2: Covers some or all of your loan repayments in the event of your Death, Accident, Illness, Hospitalisation, or Bankruptcy.Cover Option 3: Covers some or all of your loan repayments in the event of your Death, Accident, Illness, Hospitalisation, Bankruptcy, or Income Disruption. Key Benefits CreditCare Insurance covers some or all of your loan repayments if you experience financial loss as a result of: Death Covers the remaining amount due under your Credit Contract, in the event of your death, or if you are diagnosed with a terminal illness which will result in your death within 6 months or less. Accident / Illness Covers the instalments due under your Credit Contract, in the event you are unable to work after suffering an accident or illness for more than 7 days and you experience a financial loss as a result of not being able to work in your full-time employment, or if you are unable to work due to becoming a carer for an immediate family member suffering from an accident or illness for no less than 30 days. Hospitalisation Covers the instalments due under your Credit Contract, for up to 6 months, in the event you are hospitalised for 5 or more days and you experience a financial loss as a result of not being able to work in your full-time employment. Bankruptcy Covers the instalments due under your Credit Contract, for up to 6 months or a total of $12,000, in the event you are made Involuntarily Bankrupt. Income Disruption For Salary & Wage EarnersRedundancyCovers the instalments due under your Credit Contract, for a minimum of 2 months and up to a maximum of 12 months, in the event you are made involuntarily redundant.Industrial ActionCovers the instalments due under your Credit Contract, for a minimum of 2 months and a maximum of 6 months or a total of $12,000, in the event your wage or salary stops being paid or is suspended, as a result of Industrial ActionFor Self-EmployedBusiness InterruptionCovers the instalments due under your Credit Contract, for a minimum of 2 months and a maximum of 6 months or a total of $12,000, in the event you suffer financial loss as a result of Business Interruption.Special Allowances: Reimbursement of up to $500 for specified expenses incurred as a result of an accepted claim.Premium Reimbursement: Reimbursement of your Provident Insurance Motor Vehicle Insurance premiums paid during the period covered by an accepted claim. Key Exclusions This is an overview of things that are excluded from CreditCare Insurance, but for the full list please refer to the “What is not Covered” section of the Policy Booklet, which is available on the Provident Insurance website.The policy does not cover:Any cause or condition that was known or should reasonably have been known by you at the start of the Policy.Any medical condition, sign, symptom, event or cause known by you to be in existence at the start date of the Policy, or for which medical advice, diagnosis, care or treatment has been sought, or ought reasonably to have been sought, or provided, in the 12 months immediately prior to the start date of the Policy, or in the event that your condition is related to cancer, in the 5 years immediately prior to the start date of the Policy.Any arrears or amounts owing under the Credit Contract before the insured event takes place.General Conditions (please refer to the Policy Booklet for full details).Maximum claim limits apply. Standdown periods also apply before cover commences.The purchase of this policy is optional and if purchased comes with a 14-day cooling-off period.Please also refer to the“CreditCare Policy Wording”, which can be found at the Provident Insurance website for full details of coverage. How Does it Work? When you apply for a loan with Loansmart, you’ll have the option to add CreditCare Insurance as a layer of protection.Choose the coverage that aligns with your needs. From income disruption to health-related issues, CreditCare is tailored to protect you.If something unexpected should happen, such as sickness or redundancy, your repayments are taken care of, so you can focus on recovering. Get In Touch Today "We work with our customers throughout the life of their loan, and if they have any concerns or their circumstances change, we work with them to resolve any issues. We want to make life easier for our customers, and we believe that personal finance should be neither costly nor stressful to obtain" Murray Greig - Loansmart Founder Call us Now! Apply Now Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Real People, Real Debt Relief Solutions | Loansmart Real People, Real Debt Relief Solutions | Loansmart Video Summary Meet real Loansmart customers who found genuine relief from financial stress. This video shows how tailored debt solutions can ease pressure and restore peace of mind. #### Responsible Lending “ Loansmart assisted me in getting finance and paying off my debt. I am now debt free and very happy! Easy, affordable rates and exceptional customer care. Highly recommended.” - Kaara We Make It Easy Rates From 9.95%* We Provide More Options Loansmart Responsible Lending Code Although Loansmart isn’t the lender directly (We arrange lending via our Loan Providers) we take obligations seriously and abide by all of the current legislation, namely “The Responsible Lending Code”. The Code can be viewed here: Responsible Lending Code (June 2022) [PDF] About Loansmart Loansmart is a Personal Loan Arranger based in New Zealand (only). We have formed relationships with many low-cost Loan Providers so we can access a wide lending criteria for our customers. Our team works hard to provide our customers with suitable lending options based on their personal need & goals. When you apply for a loan we have some responsibilities to you, these include understanding your needs & goals, and your financial situation. Depending on your circumstances the sort of information we may request from you is as follows:Your personal circumstances including your ageWhat existing loans you have and whether they will be repaid with this loanRecent bank statements to confirm your income and expensesWhether your employment is full, part-time, or casualWhat assets you have and their valueDetails of your credit history and your consent to a Credit CheckRequesting to see your identity documents (drivers license/passport etc)To understand your needs we may also ask the following:The amount you would like to borrowWhen you require the fundsThe purpose of the loanThe loan term that best suits your needs/budgetIt is very important to us that you understand your contract and we endeavor to do the following:Make sure you know your rights and responsibilities before you sign the ContractHave clear terms and conditions that are easy to understandEnsure you understand the Interest Rate & Fees that apply to your ContractClearly specify any security being used and ensure you are aware of thisThat you understand what may happen in the event of non-payment (repossession or sale of any property that you have provided as security)This will allow you to make an informed decision about your loan. Other websites that can assist you with borrowing money www.sorted.co.nz www.consumerprotection.govt.nz www.comcom.govt.nz Get A Free Loan Assessment Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Same Day Loans “ I highly recommend Loansmart...fast, easy, honest, polite guidance which resulted in me being approved. The whole process was less than a day.” - Andrew We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Same Day Loans If you need money quickly, a same day loan can help cover urgent expenses without unnecessary delays. Loansmart can arrange loans through our providers, and a fee to use our service only applies if you enter into a loan arranged by us. We provide fast, advisor-led lending focused on meeting your needs, without making you jump through hoops!Apply in 3 minutes and get approved in 1-2 hours*Borrow up to $75,000 unsecured*Compare offers from 11 lenders in one place.Choose with confidence, guided by licensed financial advisors acting in your best interest.*Subject to responsible lending checks and lending criteria. Get My Loan Today! Smarter Loans >>> Faster How quick is the process? 1. Apply online in just a couple of minutes. 2. Provide us with a photo ID & recent bank statements. This is done online quickly, easily & securely. 3. We’ll call to introduce ourselves and discuss your needs. 4. We assess your application and find the best options for you. 5. 1-2 hours later* we present our options and you tell us which one you prefer. 6. Loan documents are sent through for you to be signed online. 7. Funds can be deposited into your account on the same day. *Subject to responsible lending checks & lending criteria Same Day Loan FAQs What Is a Same Day Loan? A Same Day Loan is a Personal Loan, approved and paid the same day*. Many people search for Same Day Loans when they need a Fast Cash Loan, or Emergency Loan. But really any loan approved and paid out the day you apply is a Same Day Loan.*Subject to responsible lending checks & lending criteria. What Can I Use a Same Day Loan For? Pretty much anything you need additional funds for! Loansmart offers many types of loans including: Small Cash Loans, Home Renovation Loans, Weddings Loans, Car Loans and Emergency Loans. How Do I Apply For a Same Day Loan? Simply fill in an online loan application form before 2pm on a business day and, if approved, the funds will be deposited into your account that day. Our online application process only takes a couple of minutes. We will need proof of income and identification in order to proceed with your application, but we make it super easy to do this. How Quickly Can I Get A Loan? The sooner you apply during the day, the better. Applications are processed in the order in which they are received. Some days are busier than others, so it pays to get to the top of the queue by applying first thing! As soon as your loan is approved, funds are deposited into your account. How quickly you have access to funds depends on who you bank with. It could be straight away, or the next day. Can I Apply If I Have Bad Credit or Existing Loans? Yes! We offer a range of finance options including Low Cost Bad Credit Loans and Affordable Debt Consolidation Loans. Our lending criteria is more inclusive than a bank loan. So if you’ve been told ‘no’ before, we may still be able to help. A lot of people apply for bad credit only to find their credit is not that bad at all! If you are unsure about what your credit score is, checkout this helpful guide on How To Check Your Own Credit Score How Much Can I Borrow? The maximum loan amounts you can borrow are $75,000 for unsecured loans, and $150,000 for secured loans. However, the actual amount you can borrow depends on your personal financial situation. Try our Personal Loan Calculator to get an estimate of how much you can borrow.How much you can afford to repay is a key factor in the amount you’re approved for. We’ll use your income and outgoings to assess your affordability ranking. There are lots of handy online budgeting tools you can use to determine what you can afford to repay yourself. Check out this cool online resource from Sorted. What Are Your Loan Repayment Terms? The minimum loan repayment term available is 6 months, while the maximum available is 7 years. Giving our clients access to longer loan terms has allowed them to reduce their loan repayments to better suit their budgets. Can I Apply for A Joint Loan? Yes! You can complete a joint application. If your joint discretionary income is higher than your individual income, this can help your chances of success. Generally we can only do joint incomes with people who are either married or in a relationship.To proceed with a joint application please complete an online application, then inform your loan consultant you wish to add someone too the loan. Does Applying For A Loan Impact My Credit Score? Every time you apply for a loan, a credit check is completed. Details of those checks are kept on file for around four – five years. If you are applying for many loans in a short period of time, this can negatively impact your score. This is because it could indicate that you’re applying for more credit than you can afford to repay. You can learn more about what impacts credit scores on the Government’s consumer protection website.The key thing to remember is this – when applying for a loan, it’s vital to choose the right Loan Company. Here are three factors to consider when deciding which lender to choose.1. Choose a low cost lender. High-cost loans can impact your credit score. Loansmart is a low-cost lender. The maximum amount we charge in annual interest rates is 32.50%. But our lowest interest rate is 9.95%.2. Choose a reputable company. Loansmart is trusted and preferred by tens of thousands of clients across NZ. Having been in business since 2008, we’re proven, experienced and extremely good at what we do! Review our 5-star Loan Reviews on Google My Business.3. Choose a company that can provide more options, for more chances of success. You’ve got a good chance of getting your application approved with us. With more options than other lenders, and a more inclusive acceptance criteria, we say ‘yes’ more often.Remember, every time you apply for a loan a credit check is completed. So it helps to apply with a company that’s more likely to be able to find you a solution, so you don’t have to keep applying! Smarter Loans >>> Faster More options tailored to you Once we have a good understanding of your personal situation and goals, we start to explore options. We look outside the box and go the extra mile to provide smarter solutions, which is why we’re called Loansmart! We’ve built our reputation on arranging faster and fairer finance. To provide you with the best lending experience we Move Fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make It Easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make It Enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make It Affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Call us now! Personal Loan Consultant You’ll be assigned a Personal Loan Consultant who will walk you through the process to ensure there are no delays in getting the money to you. Helpful, professional and fast – we jump through hoops so you don’t have to!But we don’t stop there, your Personal Loan Consultant will be with you throughout the duration of your loan. If you have any questions, or your circumstances change, just give them a call on 0800 255 155. Get My Loan Today! Don't Pay More Than You Need Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Secured Car Loans “ The service from loan smart was 5 stars they spent the time and effort to make sure the approval process was as fast and painless as possible, clear concise emails and phone calls that made the whole application, to approval period, quick and easy to understand.” - Ashe We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Secured Car Loans Need a new car today? Loansmart can arrange easy car loan solutions without making you jump through hoops, and a fee to use our service only applies if you enter into a loan arranged by us.Secured Car Loans up to $150,000Interest rates from 9.95%*Bad credit and second-chance car loansFlexible loan terms from 6 months to 84 months.Quick online process, no paperwork requiredLow establishment feeEasy to understand rates and fees*Subject to responsible lending checks and lending criteria. Apply Now! Buy A New Car The Easy Way Loansmart makes it so easy to buy a new vehicle, whether it’s a family car or a ute for work. No matter what your needs are, we can find a quick solution.Here’s how our secured car loans work:You apply for pre-approval using our super fast online application form.We get your pre-approval the same day* and then you go shopping!Once you’ve found your ideal car, come back to us with the signed sale agreement between you and the seller, the seller’s bank details, and confirmation of your insurance.We pay out the loan and you drive away in your new ride!*Subject to responsible lending criteria Apply Now Benefits of Secured Car Loans In general, a secured car loan gives you access to lower interest rates when compared with unsecured loans. This is because with a secured loan, there is less risk to the lender, so they’re able to lower the cost to you.Another benefit of a secured car loan is a higher spending limit. This means you can get a newer, more expensive car than if you had an unsecured loan. Try our Loan Calculator Is a Secured Car Loan Right For You? A secured car loan is ideal if you’re cost conscious and want the lowest possible interest rate. It’s also a good option if you want a more expensive car, as lending limits are higher with secured loans.If the speed of approval is more important to you, then an unsecured car loan might be a better option. These can be approved and paid out within hours*. With an unsecured loan, we simply give you the cash and you buy whatever car you want with no restrictions. Being a cash buyer can be a huge benefit as you could negotiate a better deal with the seller.Not sure which type of loan you need? Get in touch with our friendly loan advisors for a free chat about your situation and they’ll point you in the right direction.*Subject to responsible lending criteria Get A Free Loan Assessment Loansmart Is Hassle-Free Lending When you’re buying a new vehicle the last thing you want is to be spending a lot of time going back and forth with your lender, sorting out paperwork, getting things signed, and so on. 100% online processNo tiresome paper formsLoan documents signed electronicallyNo need to send in bank statementsSame day pre-approval* When you apply for a loan with Loansmart, we jump through all those hoops so you don’t have to.We make borrowing fun with our quick and easy process and hassle-free loans. This leaves you free to go about your day while we arrange your loan through our network of high quality lenders.*Subject to responsible lending criteria Apply Now Car Loans For Bad Credit Score Got a bad credit history but need a new car? Having a poor credit score isn’t a deal breaker for us.Unlike some lenders, we believe in second chances, and our secured car loans are a great way for you to get your credit score back on the right track.Fair interest ratesAffordable, fixed-term loans for up to 7 yearsRebuild your credit scoreMore options give you more chances of successFree and easy online application processWe take the time to understand your situation so we can find the right solution for your needs. Get the complete package from a team that genuinely cares, and goes out of their way to provide fair loan options for you. Apply Now! Secured Car Loans FAQs How is a secured car loan different from an unsecured car loan? A secured loan uses the car as collateral, which offsets the risk to the lender. It means if you fail to repay the loan, the lender can take the car back. An unsecured loan is simpler: you’re given a cash loan and you pay it back, with no security attached at all. What are the benefits of a secured car loan? With a secured car loan you could have access to lower interest rates, depending on your credit history and other debt. You could also be approved for a higher limit so you can get a more expensive car than with an unsecured loan. What vehicle can I buy with a secured car loan? You can buy pretty much whatever you like, but there are some restrictions. Most lenders require the vehicle to be relatively modern (newer than about 15 years), and to have done less than 250,000km, but this depends on the type of vehicle. The vehicle needs to be in good condition and have a current WOF and registration. Do I need insurance? Yes. The car you’re buying needs to have full comprehensive insurance. You’ll also need insurance on any additional vehicles being used as security. Do I need to have a driver’s license? Yes, you need at least a learner’s license to get a secured car loan. How much can I borrow? The amount you can spend on your car depends on several factors, such as your age, type of license (e.g. learner’s, restricted or full), existing debt, and income. How long will it take to get my loan paid out? The process for secured car loans takes a little longer than with unsecured loans. We can usually get pre-approval the same day you apply*. Once you’ve found your car and supplied us with all the necessary information, such as the signed sale agreement, we may be able to pay out the loan the same day, but it depends how early in the day you get that to us. We process loans in the order the applications come in, so the earlier in the day you apply, the better chance you have of getting it sorted more quickly.*Subject to responsible lending criteria. Smarter Loans >>> Faster WHEN BORROWING MONEY YOU CAN TRUST LOANSMART Wedding planning can be a stressful time. So it’s important to choose a company with exceptional customer service. We’ve been in business for over 10 years and helped tens of thousands of Kiwi’s to date with Personal Loans – you could say we’re experts in arranging personal lending. Better still, our loan providers are low-cost lenders offering competitive interest rates starting at just 9.95%*.The majority of our customers actually come back for another loan when they need another round of financing like upgrading a car, doing a house extension, planning a holiday and more. Our customers love what we do, and we love helping them.Read our 900+ 5-star reviews! To provide you with the best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Call us now! Don't Pay More Than You Need Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Secured Personal Loans “ Had a wonderful experience with Loansmart! ….. Very efficient and fast and was the easiest process I've been through. Great stuff Loansmart!” - Erika We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Secured Personal Loans Need to borrow more than $75,000 or looking for a lower interest rate? Loansmart helps New Zealanders access secured personal loans up to $150,000 with flexible repayment options and a fast, simple application process.At Loansmart we focus on meeting your needs, without making you jump through hoops!Borrow up to $150,000* (and more in some cases)Interest rates from 9.95%*Spread your repayments over 6 months to 84 monthsFlexible lending options for a wider range of borrowers*Subject to responsible lending checks and lending criteria. Get My Loan Today! Get Loan smart Secured personal loans can be a smart way to access larger loan amounts while unlocking lower interest rates.By using an asset such as a vehicle or property as security, the risk to the lender is lower, and so borrowers may be able to offer lower interest rates, l and higher borrowing limits than unsecured loans.Whether you’re consolidating debt, renovating your home, purchasing a vehicle, or funding a major expense, a secured personal loan can provide more flexibility and potentially save you money over the life of the loan.At Loansmart, we compare options from up to 11 lenders to help find the right solution for your circumstances. We take the time to understand your goals and recommend lending options that work for both your immediate needs and long-term financial position. Why Loansmart All our consultants are Financial Advisors Loansmart is an associate member of the Financial Services Federation and our loan consultants are Financial Advisers. We support and promote responsible lending practices.This means you can trust us to give you advice that’s in your best interests when taking out a loan. Our loan advisers are experts at finding simple, affordable solutions for all kinds of situations. There’s almost no problem we can’t solve. Get A Free Loan Assessment We don’t just provide loans, but smarter lending solutions Apply once and compare offers from up to 11 lenders, with advice to help you choose the option that’s right for you.Make sure you’re getting a fairer deal from a low-cost lender that cares. Call us Now! Apply Now Borrow more and pay less with a Secured Personal Loan One of the biggest advantages of a secured personal loan is the ability to borrow more while potentially accessing lower interest rates.Because lenders have the added security of an asset, they may be willing to lend larger amounts and offer more competitive rates than an unsecured loan.Secured personal loans are commonly used for:Debt consolidationHome renovationsVehicle purchasesBusiness purposesLarge one-off expensesRefinancing existing lending What Can Be Used as Security? A secured loan requires an asset to be used as security for the loan. The type of security available can influence how much you can borrow and the lending options available to you.Common forms of security include vehicles and property.VehiclesCars and other vehicles can often be used as security for a loan.PropertyHomeowners may be able to use equity in their property to access larger borrowing amounts and potentially lower interest rates.Not sure what security you can offer? Talk to the Loansmart team for a free assessment and we’ll explain your options. Get A Free Loan Assessment To provide you with the very best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Smarter secured personal loans without the hassle of a drawn out process Try Our Loan Calculator Don't Pay More Than You Need Save on fees and interest rates. We can show you how. Talk to a team that genuinely cares and works hard to:Get your loan approved fasterProvide you with more optionsFind you a great deal Call us now! Been declined for a secured loan? We may still be able to help.There isn’t a lending situation we haven’t encountered before and we can find solutions for most.For some borrowers, providing security can open up lending options that may not be available through an unsecured loan. With access to multiple lenders and lending solutions, we can often identify options that other providers may have overlooked. How Much Could You Borrow? Get all your options in one simple call Don’t pay more than you need to and get more options upfront, so you can decide what’s best for you.Call 0800 255 155 for a free 10 minute consultation. Our clients love what we do, and we love helping them. Talk to a team that cares and works hard to get your loan approved faster, and provide you with more options too. Call us now! Secured Personal Loans FAQs What Is a Secured Personal Loan? A secured personal loan is a loan that uses an asset as security. Common forms of security include vehicles, property, or other valuable assets.Providing security reduces the lender’s risk, which can often result in lower interest rates, higher borrowing limits, and more flexible lending options. What is the Difference Between a Secured Loan and an Unsecured Loan? When a loan is secured, it means assets (like a house or car) are used as security, or collateral, against the loan. If you fail to pay back your loan, those assets can be taken by the lender.An unsecured loan means there’s no security taken against the loan. Approval is based primarily on your financial position, credit history, and ability to repay.Because secured loans provide lenders with additional security, they can often offer larger loan amounts and lower interest rates than unsecured loans. How Much Can I Borrow With a Secured Loan? The amount you can borrow depends on your circumstances, affordability, and the type of security being offered.At Loansmart, secured loans are available up to $150,000* and sometimes more, significantly higher than the $75,000 maximum available for unsecured loans.Our team can assess your situation and explain the options available to you.*Subject to responsible lending checks and lending criteria. Can I Get a Secured Loan if I Have Bad Credit? You may be able to access a secured loan if you have a bad credit history.Because security reduces the lender’s risk, secured loans can sometimes be a suitable option for borrowers who have experienced credit challenges in the past.Every application is assessed individually and approval will depend on your current financial situation, affordability, credit history, and the security being offered. How Quickly Can I Get a Secured Loan? Timeframes can vary depending on the lender and the type of security being used.Our team works hard to make the process as fast and straightforward as possible. Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm.*Subject to responsible lending checks and lending criteria. Do I Need to Provide my Bank Statements when I Apply for a Loan? When you apply for a loan through Loansmart, we need to check your financial history to make sure you can afford to take one out. This is part of our responsible lending practices.However, we make it super easy by simply sending you a link for you to send us your bank statements electronically, no paperwork required! Can I Get a Guaranteed Approval Loan? No. A responsible lender can never guarantee loan approval, as every application must be assessed against lending criteria and affordability requirements.However, many clients come to Loansmart after being declined elsewhere. We compare options from up to 11 lenders and may be able to identify alternative lending solutions that better suit your circumstances.While we can’t guarantee approval, we can guarantee that we will do everything we can to help. What Can I Use a Secured Loan For? Secured loans can be used for a wide range of purposes including:Debt consolidationHome renovationsVehicle purchasesBusiness expensesMedical costsTravelRefinancing existing lendingUnexpected bills and emergencies Is a Secured Loan Right For Me? A secured loan may be suitable if you need to borrow a larger amount, want access to lower interest rates, or have circumstances that make unsecured lending more difficult.At Loansmart, our Financial Advisers assess your circumstances, compare options from up to 11 lenders, and explain the pros and cons of each solution, including secured loans, unsecured loans, and debt consolidation loans.If you’re unsure which option is right for you, talk to the Loansmart team for a free assessment and personalised advice. Can I get a better deal if I go through a bank? Not necessarily.Many banks have strict lending policies and may only offer products that fit their own criteria.At Loansmart, we compare options from multiple lenders, giving you access to a wider range of lending solutions. This means we can often identify options that provide more flexibility, better approval opportunities, or a more suitable loan structure for your needs.Talk to our team today to see what options may be available. Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Secured vs Unsecured Car Loans Explained | Which Is Right for You? Secured vs Unsecured Car Loans Explained | Which Is Right for You? Video Summary Not sure whether a secured or unsecured car loan suits your situation? This video breaks down the differences so you can choose the option that best fits your budget and circumstances. #### Sitemap PostsThe Financial Habits Keeping You Stuck (August 12, 2026)How to Spend More Intentionally Without Feeling Deprived (July 31, 2026)Lifestyle Creep: Why Earning More Doesn’t Always Mean Having More Money (July 22, 2026)The Small Purchase Trap: Where Your Money Really Goes (July 16, 2026)Dealing With Mortgage Arrears: How to Regain Control of Your Debt (July 10, 2026)How Retailers Encourage You to Spend More (June 29, 2026)Need A Loan But Keep Getting Declined? 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A real New Zealand story showing how quick funding can give a small business the boost it needs. #### Small Business Loans “ We had approached our bank multiple times and each time were disappointed that they were not able to assist us. Loansmart made it happen.” - RP We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Small Business Loans Loansmart can arrange small business finance loans through our providers without the stress of a drawn-out process, this means better business planning. A fee to use our service is only applicable when you enter into a loan arranged by us.Borrow up to $250,000Interest rates from 9.95%*Spread your repayments over 6 months to 7 yearsMore options tailored to youWe say yes more often!Watch a video on how Loansmart helped a small business secure the funds it needed to grow.*Subject to responsible lending checks and lending criteria.  Get My Loan Today! Fast small business loans For over ten years Loansmart has been helping small business owners borrow the money they need to:Pay an urgent tax billPurchase stockUpgrade equipment and work toolsJump on a business opportunityStarting a business can be tough. We can arrange fast small business loans of up to $250,000, with several options available from financing a business asset through to providing a much needed cash injection. Loansmart will take you through the business step by step.Terms include principal and interest term loans, interest only loans and cash flow financing. Best of all – we move fast! Apply Now! Applied elsewhere but been declined? We may be able to help. There isn’t a lending situation we haven’t encountered before and we can find business plans for most. Loansmart can provide more options than other lenders. With more options, you have more chance of getting your loan approved. Call us Now! Apply Now Eligibility and Funding This can be completed in as little as 24–48 hours*. We pride ourselves on finding the right solution for you and the funds can be used for any purpose.We can look at any situation but our standard terms are:You must have been in business for at least six months and have a monthly turnover of at least $10,000 per month.We don’t always need financial accounts but will require your last six months of bank statements. We can send you a link so these can be retrieved securely online.*Subject to responsible lending checks and lending criteria.  Smarter Loans >>> Faster More options tailored to you Once we have a good understanding of your specific situation and goals, we start to explore options. We look outside the box and go the extra mile to provide smart solutions, which is why we’re called Loansmart! To provide you with the best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Call us now! Get In Touch! Don’t pay more than you need to and get more options upfront, so you can decide what’s best for you. Call 0800 255 155 for a free 10 minute consultation. Our clients love what we do, and we love helping them. Talk to a team that cares and works hard to get your loan approved faster, and provide you with more options too. Get all your options in one simple call. We don’t just provide loans, but smarter lending solutions. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Terms and conditions apply. Call us Now! Apply Now #### Small Cash Loans “ The people at Loansmart are super awesome .. it was so quick and easy to apply for a loan .. no problems at all .. if you need a loan you can't go past them!” - Joseph We Make It Easy Rates From 9.95%* We Provide More Options In a hurry? Need cash now? Small Cash Loans NZ Give us a call. We move fast to get your small loan approved sooner.Fairer fees, lower interest ratesRates from 9.95%*Approval in 1 – 2 hours*Same-day payout*Easy, 100% online or phone processFriendly, experienced teamMore options tailored to youLoansmart provides smarter lending solutions. If you’re in need of easy small loans, get the complete package from a team that genuinely cares. Loansmart can arrange loans through our providers, and a fee to use our service only applies if you enter into a loan arranged by us.*Subject to responsible lending checks and lending criteria.Read more about fast loans! Get My Loan Today! How much cash do you need? Many people apply for a small cash loan online of around $500 – $1,000, thinking that’s all they’ll be able to get. Yet we’ve found that a lot of our clients can borrow more to consolidate other higher interest debts therefore reducing overall loan repayments, saving money, and getting the funds they needed.By borrowing a higher amount they may be able to:Pay a lower interest ratePay off other high interest billsSave on monthly feesLower their total repaymentsGive themselves a bit of breathing roomAnd get the money they originally needed How much could you borrow? Don’t pay more than you need to If you have more than $1,500 in loans or credit card debt, get in touch with us for a Loan Assessment. Don’t pay more than you need to. Make sure you’re getting a fairer deal from a low cost lender that cares. Apply online today! Call us Now! Get A Free Loan Assessment Do you already have a small Cash loan? What about a credit card? If you have more than one loan, it’s likely you’re paying more than you need to in costs. Small loans over shorter periods typically attract higher interest rates and fees, so they can be more expensive. If you’re continually having to top up your small loan or apply for new ones, a larger loan spread over a longer period may be better for you. With Loansmart we have a low establishment fee and look at your entire lending situation, to try and find a better solution for you. How much could you borrow? Smarter Loans >>> Faster We don’t just provide Small loans, but smarter lending solutions To provide our clients with the very best lending experience we: Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!) Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Applied elsewhere but been declined? We may be able to help. There isn’t a lending situation we haven’t encountered and we can find solutions for most. Loansmart can provide more options than other lenders. With more options, you have more chance of getting your loan approved. Call us now! Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Smarter Wedding Loans NZ | Real Loansmart Success Story Smarter Wedding Loans NZ | Real Loansmart Success Story Video Summary Planning a wedding without the financial strain is possible with the right finance. This real success story shows how a Loansmart wedding loan helped a couple celebrate their day, stress-free. #### The Cons of Debt Consolidation: Explained The Cons of Debt Consolidation: Explained Video Summary Debt consolidation isn't right for everyone. This honest video walks through the potential drawbacks so you can decide whether consolidating your debt is the smart move for you. #### The Pros of Debt Consolidation: Explained The Pros of Debt Consolidation: Explained Video Summary Debt consolidation can simplify your finances and reduce stress. This video explains the key benefits of consolidating debt and how it could help you regain control of your repayments. #### Unsecured Car Loans “ Excellent professional service. Fantastic customer service and great outcome. These guys are the BEST." - Basil John We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Unsecured Car Loans Need a new car in a hurry? Loansmart provides fast online loans through our providers, and a fee to use our service only applies if you enter into a loan arranged by us. Get fast loans with more options tailored to you.Unsecured Car Loans up to $75,000Interest rates from 11.95%*Flexible loan terms from 6 months to 84 months.No slow bank process or annoying paperworkFast unsecured car loans approved in 1 – 2 hours* online.Low establishment feeEasy to understand rates and feesSame-day payout**Subject to responsible lending checks and lending criteria. Get My Loan Today! Buy with the freedom of cash Buying a car is so much better when you have the cash in your pocket. Shopping with cash gives you the freedom to choose whatever car you want, from wherever you want.Unlike car finance companies or banks, which may impose restrictions on what car you can buy, Loansmart’s Unsecured Car Loans give you total freedom to make your own decisions.Whether you want to buy a car from a dealer, at auction, on TradeMe or Facebook Marketplace, you’re in the driver’s seat.With cash, you can negotiate a better deal with the seller. You can also make your purchase faster than if you had to wait for a bank or finance company to approve your loan. Apply Online Now Get faster approval With an unsecured loan, you can get your cash more quickly.Secured loans require an asset to be secured against your loan, to offset some of the risk to the lender. The downside of this is that it takes time for the asset to be valued, which pushes out the approval time.With an unsecured loan, you can get approval within just 1-2 hours*, and payment the same day!**Subject to responsible lending checks and lending criteria. Get a Free Loan Assessment How to apply for an Unsecured Car Loan With Loansmart, we take the hassle out of borrowing.Our process is simple – just fill out our 2-minute application form and we’ll be in touch to get some more details from you and discuss your needs.There’s no appointments to attend or pesky paper forms to fill out. You don’t even have to send us your bank statements – we can do that through our secure online portal.We’ll assess your application and get to work finding you a great deal. Within 1-2 hours*, we’ll present you with some options and you choose the best one.Loan documents are sent to be signed electronically, and the funds can be deposited into your account the same day*.At Loansmart, we focus on your needs and provide easy solutions, without making you jump through hoops.*Subject to responsible lending checks and lending criteria. Apply Now! Need a car but have bad credit? Some lenders make it difficult for people with poor credit histories to get a loan, but unlike these lenders, we believe in second chances. If you have enough income to cover your loan repayments, we may still be able to assist you, even if you have a bad credit score.We want to know about you and your financial situation, and we want to make sure we help you in every way we can.Your credit score can be improved with a second chance and the right loan structure. If you have bad credit, don’t worry, just give our friendly team a call and they’ll talk through your situation with you.In most cases, we are able to find positive solutions for our customers, even when they have a poor credit score. Apply Now Unsecured Car Loans FAQs What is the interest rate of an unsecured car loan? Our unsecured car loan rates start from 11.95%. How much can I borrow? Our limit on unsecured loans is $75,000. If you need to borrow more, consider a secured loan, which has a limit of $150,000. What loan term can I get? Our loan terms range from 6 months to 7 years. To help make your loan affordable, we can structure your loan over a longer period to lower your monthly repayments. Where can I buy my car from? From wherever you want! This is one of the best things about an unsecured loan – you have the freedom to buy from a car dealer, TradeMe, Facebook Marketplace, or anywhere else you can find a new set of wheels. What are the benefits of unsecured car loans? With an unsecured car loan, you can shop with the power of cash and negotiate a great deal with the seller. You also have the freedom to choose whatever car you want! With an unsecured loan, there are no restrictions on how you spend the money (as long as it’s legal, of course). Unsecured loans are also faster to process, so you’re likely to get approval more quickly. Do I need car insurance? With an unsecured car loan, it’s up to you to arrange car insurance. It’s not mandatory, as there are no conditions attached to an unsecured loan, but we highly recommend having insurance. The exception to this is with a secured loan, where you could be required to insure the car as part of your loan. Do you do pre-approvals for car loans? Yes. We strongly recommend getting pre-approved prior to purchasing your next vehicle. All pre-approvals last for 30 days, giving you plenty of time to find that bargain. Smarter Loans >>> Faster TO PROVIDE YOU WITH THE BEST LENDING EXPERIENCE WE Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Call us now! Don't Pay More Than You Need Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Unsecured Loans “ Had a wonderful experience with Loansmart! ….. Very efficient and fast and was the easiest process I've been through. Great stuff Loansmart!” - Erika We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Unsecured Personal Loans Need access to funds without using your car or home as security? Loansmart helps New Zealanders access unsecured personal loans up to $75,000 with a fast, simple application process and flexible repayment options.At Loansmart we focus on meeting your needs, without making you jump through hoops!Interest rates from 11.95%* (from 9.95% for secured loans)Spread your repayments over 6 months to 84 months.No drawn-out bank process or tiresome paperworkFast unsecured loans approved in 1 – 2 hours* online.*Subject to responsible lending checks and lending criteria. Get My Loan Today! Get Loan smart Loansmart specialises in unsecured loans. Most of the lending we arrange is unsecured – this enables us to work more quickly to get you the funds you need. When it comes to borrowing you have a lot of options. But unsecured personal loans can differ considerably between providers. Fees, interest rates, repayment terms; they all add up. The difference could be hundreds if not thousands of dollars in costs. That’s money you can be using to repay debts faster, or give yourself a bit of breathing room. Why Loansmart We don’t just provide loans, but smarter lending solutions Apply once and compare offers from up to 11 lenders, with advice to help you choose the option that’s right for you. Make sure you’re getting a fairer deal from a low cost lender that cares. Call us Now! Apply Now Don't Pay More Than You Need Save on fees and interest rates. We can show you how. Talk to a team that genuinely cares and works hard to:Get your loan approved fasterProvide you with more optionsFind you a great dealLoansmart is an associate member of the Financial Services Federation and our loan consultants are Financial Advisors.  We support and promote responsible lending practices. This means you can trust us to give you advice that’s in your best interests when taking out a loan. Our loan advisors are experts at finding simple, affordable solutions for all kinds of situations. There’s almost no problem we can’t solve. Get A Free Loan Assessment To provide you with the very best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Smarter unsecured loans without the hassle of a drawn out process Try Our Loan Calculator Been declined for an unsecured person loan? We may be able to help. There isn’t a lending situation we haven’t encountered before and we can find solutions for most.  Loansmart can provide more options than other lenders. With more options, you have more chance of getting your loan approved. How Much Could You Borrow? Get all your options in one simple call Don’t pay more than you need to and get more options upfront, so you can decide what’s best for you.Call 0800 255 155 for a free 10 minute consultation. Our clients love what we do, and we love helping them. Talk to a team that cares and works hard to get your loan approved faster, and provide you with more options too. Call us now! FAQ's What Is an Unsecured Personal Loan? A secured loan requires an asset, such as a vehicle or property, to be used as security. An unsecured personal loan does not require collateral and is assessed based on your financial circumstances and ability to repay. Approval is based on factors such as your income, expenses, credit history, and ability to meet repayments.Many borrowers prefer unsecured personal loans because the process is often quicker and simpler, with less paperwork and no need for asset valuations. What is the Difference Between a Secured Loan and an Unsecured Loan? When a loan is secured, it means assets (like a house or car) are used as security, or collateral, against the loan. If you fail to pay back your loan, those assets can be taken by the lender.An unsecured loan means there’s no security taken out against your loan, you simply get the cash you need and you pay it back over time.With an unsecured loan, we can get you your funds faster because we don’t have to spend time checking the value of your assets. It’s a much simpler process. Can I Get an Unsecured Loan if I Have Bad Credit? Depending on your credit history, we may require security before we can give you a loan. In the end, it will depend on your financial history as well as your circumstances. Bad credit loans are one of our specialties, and the best part is that they’re low-cost as well.So, if you have a bad credit score and are wondering if you can get a personal loan, contact our friendly team today. Do I Need to Provide my Bank Statements when I Apply for a Loan? When you apply for a loan through Loansmart, we need to check your financial history to make sure you can afford to take one out. This is part of our responsible lending practices.However, we make it super easy by simply sending you a link for you to send us your bank statements electronically – no paperwork required! Can I Get a Guaranteed Approval Loan? No. A responsible lender can never guarantee loan approval, as every application must be assessed against lending criteria and affordability requirements.However, many clients come to Loansmart after being declined elsewhere. We compare options from up to 11 lenders and may be able to identify solutions such as a debt consolidation loan, which can simplify existing debts and potentially lower repayments while improving affordability.When you apply for a loan through us, we work quickly to find low-cost loans that suit your needs. Our goal is to get you what you need without adding to your financial burdens by taking a look at your credit history and financial situation. While we can’t guarantee approval, we can guarantee that we will do everything we can to help. What Can I Use an Unsecured Personal loan For? Unsecured personal loans can be used for a wide range of purposes including debt consolidation, home repairs, travel, medical costs, education expenses, and unexpected bills.  Is an Unsecured Personal Loan Right For Me? An unsecured personal loan may be suitable if you need quick access to funds and don’t want to use your home or vehicle as security. However, the most suitable loan will depend on your financial situation, borrowing needs, and long-term goals.At Loansmart, our Financial Advisers assess your circumstances, compare options from up to 11 lenders, and explain the pros and cons of each solution, including unsecured loans, secured loans, and debt consolidation loans.If you have a poor credit history, a secured loan may be a more suitable option. Likewise, if you need to borrow more than $75,000, security will be required.Still unsure? Talk to the Loansmart team for a free assessment and personalised advice on your options. Can I get a better deal if I go through a bank? Not necessarily. Many banks offer a “one-rate-fits-all” approach to lending. So if you’ve got a good credit score, and good discretionary income, you might end up paying more through a bank.Banks typically offer up to $30,000 for unsecured loans, but online lenders like Loansmart can offer up to $75,000. That extra $45,000 can make all the difference if you’re renovating, buying a car or consolidating loans. Check out this article here for more information on the differences between banks and online lenders. Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### Unsecured Personal Loan for Your Car | Instant Car Loan Approval Unsecured Personal Loan for Your Car | Instant Car Loan Approval Video Summary An unsecured personal loan can get you behind the wheel without using your car as security. Learn how Loansmart offers fast car loan approval with flexible, unsecured options. #### Videos Videos Small Business Loan Approved Fast | Jasmine's Business Boost See how Loansmart helped Jasmine secure fast small business loan approval to grow her venture. A real New Zealand story showing how quick funding can give a small business the boost it needs. Watch Video Need a $1500 Loan for Car Repairs? | Watch This First Unexpected car repairs can't always wait for payday. This video explains how a small $1,500 Loansmart loan can cover urgent repair costs and keep you on the road. Watch Video What Do Customers Think of Loansmart? 1,000 Verified Reviews and Real Experiences Loansmart has reached over 1,000 verified customer reviews. Hear what real New Zealanders say about their borrowing experience and the service behind every approved loan. Watch Video Real People, Real Debt Relief Solutions | Loansmart Meet real Loansmart customers who found genuine relief from financial stress. This video shows how tailored debt solutions can ease pressure and restore peace of mind. Watch Video Debt Relief That Reduced Repayments | Emmett's Story Emmett was juggling multiple repayments until Loansmart helped consolidate his debt into one lower payment. Watch how the right loan reduced his monthly outgoings and the stress that came with them. Watch Video Secured vs Unsecured Car Loans Explained | Which Is Right for You? Not sure whether a secured or unsecured car loan suits your situation? This video breaks down the differences so you can choose the option that best fits your budget and circumstances. Watch Video Unsecured Personal Loan for Your Car | Instant Car Loan Approval An unsecured personal loan can get you behind the wheel without using your car as security. Learn how Loansmart offers fast car loan approval with flexible, unsecured options. Watch Video Improve Your Credit Score Fast (7 Smart Tips) Your credit score shapes the loans and rates you can access. These seven practical tips show how to improve your credit score faster and strengthen your borrowing power. Watch Video Loansmart - Smarter Loans, Faster Discover what makes Loansmart different: smarter personal loans, approved faster. A quick look at how Loansmart helps New Zealanders borrow with confidence and ease. Watch Video From Loan Declined to Approved | Sophie's Story After being declined elsewhere, Sophie turned to Loansmart and got the approval she needed. Watch how a fresh look at her situation turned a setback into a success. Watch Video From Debt Stress to Renovation | Bad Credit Loan Even with bad credit, the right loan can open new doors. This story follows a customer who moved from debt stress to funding a home renovation with a Loansmart bad credit loan. Watch Video Smarter Wedding Loans NZ | Real Loansmart Success Story Planning a wedding without the financial strain is possible with the right finance. This real success story shows how a Loansmart wedding loan helped a couple celebrate their day, stress-free. Watch Video From Mortgage Arrears to Relief | A Smart Debt Solution Falling behind on a mortgage is frightening, but solutions exist. Watch how Loansmart helped a customer move from mortgage arrears to financial relief with a smart debt solution. Watch Video Lower Your Loan Repayments | Debt Consolidation Loan Multiple debts with high repayments can stretch any budget. Learn how a Loansmart debt consolidation loan can combine what you owe into one lower, more manageable repayment. Watch Video The Pros of Debt Consolidation: Explained Debt consolidation can simplify your finances and reduce stress. This video explains the key benefits of consolidating debt and how it could help you regain control of your repayments. Watch Video The Cons of Debt Consolidation: Explained Debt consolidation isn't right for everyone. This honest video walks through the potential drawbacks so you can decide whether consolidating your debt is the smart move for you. Watch Video #### Wedding Loans “ Loansmart goes above and beyond for each customer. Their staff are so friendly, full of advice, patient, efficient, reliable but most of all very helpful.” - Chrissy We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Wedding Loans At Loansmart we focus on meeting your needs, so you can plan your special day with confidence. Thousands of happy couples choose Loansmart for their wedding finance packages, and here’s why:Loan Interest Rates from 9.95%*Approval in 1 – 2 hours and same-day payout*Easy, 100% online or phone process3-minute online application formFriendly, experienced teamLess stringent lending criteriaPlanning for a wedding is a mammoth task, and costs can be overwhelming. A wedding loan arranged by Loansmart through our providers can make it a little easier, and a fee to use our service only applies if you enter into a loan arranged by us.We understand the extra touches that are needed for your big day – the perfect menu, a stunning wedding dress, charming gifts for guests, flowers, decor, table arrangements and more. Should you have a fancy venue in mind, we can fund that too!*Subject to responsible lending checks and lending criteria. Get My Loan Today! Wedding Finance - We make it easy What’s your dream wedding day? Is your Pinterest board filled with lavish weddings featuring huge wedding cakes and an extravagant ceremony? Or perhaps a casual wedding with a laid-back celebration is more your style? No matter what your dream wedding plans look like – we can help you fund it.A competitive wedding loan can help you tick off your wish-list, so you can host a memorable wedding – one that you, your partner and your family can cherish forever. Better still we make the application process fast, easy and enjoyable.Our team can help you access funds in a hassle-free way. Weddings are exciting, and we love helping our clients. We don’t want you to overlook any aspect that could make your wedding unforgettable, so we work hard to get your loan approved. Try our Loan Calculator Fairer terms with more options tailored to you Our clients love what we do, and we love helping them. Talk to a team that cares and works hard to get your loan approved faster, and provide you with more options too. Call us Now! Apply Now Hassle-free Wedding Loans Our quick and easy application process allows you to choose a repayment plan that suits you. Our loan providers offer lower interest rates a low establishment fee and fast, friendly service.  Apply for a loan online for wedding finance or use our personal loan calculator to see what your repayments might be. Or, reach out to one of our helpful Personal Loan Consultants. Apply Now! Wedding Loan FAQs How Much Does A Wedding Cost? The average wedding can cost upwards of $35,000 and depending on your financial circumstances this may not be possible.Typical wedding costs to consider include: catering, event hire, decor, bride & bridesmaid dresses, suit hire and more. These things add up and can put you well-over budget with many couples making the decision to go without. Additional money from a wedding loan ensures you don’t miss out on anything. Check out how to fund your big day without stress with smarter wedding finance.  What Is A Wedding Loan? Wedding loans are personal loans that can be used towards any wedding expenses. Planning your dream wedding is a mammoth task, and costs can be overwhelming. A personal wedding loan arranged by Loansmart can help make it a little easier. A loan can cover your entire wedding or serve as extra money towards unexpected costs if needed. What Can I Use A Wedding Loan For? Any type of wedding related cost! We understand the extra touches that are needed for your big day – the perfect menu, a stunning wedding dress, charming gifts for guests, flowers, decor, table arrangements, a wedding planner and more.Should you have a fancy venue in mind, we can fund that too! Loansmart can arrange funds for holidays too for a perfect honeymoon. So when working out your wedding budget, be sure to factor in the cost of a holiday so your dream day can turn into a dream week or two! How Much Can I Borrow For Wedding Financing? Borrow up to $75,000 for unsecured loans and more with a secured loans. We can arrange hassle-free wedding loans start from 9.95%* and repayments can be spread over 6 months to 7 years.  What Are Your Loan Terms? We can provide wedding loans to people in employment, who have regular income paid into their bank account and pass a credit check; it’s really that simple!Do you have a bad credit score or outstanding debts? Learn more about our low cost bad credit loans and debt consolidation loans to make loan repayment easier. How Do I Apply For A Wedding Loan? It’s easy! Apply for a Personal Loan by 1pm and if approved the money will clear that evening or the following morning*. You can apply for a wedding loan on any device through our online loan application form – it only takes three minutes!*Subject to responsible lending checks and lending criteria. Can I Get A Wedding Loan If I Have Bad Credit? If you have a stable income, and can afford to meet your loan repayments, there’s every chance your loan will be approved.Even if you have a poor credit history, you may still be able to get a quick wedding loan. We look at your personal circumstances, and seek to understand what led to you defaulting on payments.If you can provide a reasonable explanation, and you’re in a better position to meet your monthly payments, then why shouldn’t you get a second chance! In some circumstances, if you don’t quite meet our normal lending criteria, we may offer you a secured wedding loan. This is where we require some form of security against your borrowing. But most of the time we approve unsecured wedding loans. Can I Apply For A Joint Loan? Absolutely. You can even apply for a joint debt consolidation loan. Coming into a marriage, most people have their own debts: credit cards, car loans and personal loans. To ensure that monthly expenses are affordable for you both, you can request a Loan Assessment. This is where one of our lending experts looks at your combined loan amounts and costs, including your monthly repayments.They then look at different options to help save you money. By combining many small, short term loans over a longer repayment period, and with a lower interest rate, you can save on loan costs and make it easier to meet your month to month expenses. Try out Debt Consolidation Loan Calculator for an indication of what you could save in fees and interest. Smarter Loans >>> Faster WHEN BORROWING MONEY YOU CAN TRUST LOANSMART Wedding planning can be a stressful time. So it’s important to choose a company with exceptional customer service. We’ve been in business for over 10 years and helped tens of thousands of Kiwi’s to date with Personal Loans – you could say we’re experts in arranging personal lending. Better still, our loan providers are low-cost lenders offering competitive interest rates starting at just 9.95%*.The majority of our customers actually come back for another loan when they need another round of financing like upgrading a car, doing a house extension, planning a holiday and more. Our customers love what we do, and we love helping them.Read Our 1000+ 5-Star Reviews! To provide you with the best lending experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a professional team that cares Call us now! Don't Pay More Than You Need Loansmart is highly reputable in the personal lending industry and has been providing services since 2008. Our experienced lending specialists work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now #### What Do Customers Think of Loansmart? 1,000 Verified Reviews and Real Experiences What Do Customers Think of Loansmart? 1,000 Verified Reviews and Real Experiences Video Summary Loansmart has reached over 1,000 verified customer reviews. Hear what real New Zealanders say about their borrowing experience and the service behind every approved loan. #### Why Choose Us “ I highly recommend Loansmart...fast, easy, honest, polite guidance which resulted in me being approved. The whole process was less than a day.” - Andrew We Make It Easy Rates From 9.95%* We Provide More Options Smarter Loans >>> Faster Why Loansmart Looking for a team that can arrange professional, low cost lending without all the hassle? Prefer to deal with one that’s proven with hundreds of 5-star reviews? You’ve found us!Fairer fees, lower interest ratesRates from 9.95%*Approval in one-two hours*Same day payout*Easy, 100% online or phone processFriendly, experienced teamMore options tailored to youLoansmart has been helping New Zealanders with their borrowing needs since 2008. Much of our the loans we arrange now are for existing customers. This is because our customers love what we do, and we love helping them.Choose a company that works hard to provide the best loans.*Subject to responsible lending checks and lending criteria. Get My Loan Today! Get the best loan for you When it comes to borrowing, you have lots of choices. But the differences between loans and lenders can be huge. Fees, interest rates, customer service, terms – they’re all important.At Loansmart we work hard to provide you with the complete package. So how do we do this? Choose a loan company that works hard for you Once we have a good understanding of your personal situation and goals, we start to explore options. We are a company that goes the extra mile to provide smart solutions, which is why we’re called Loansmart! Call us Now! Apply Now Your current situation How many loans do you currently have?How much are you paying for them?What is your financial situation? Your desired future How much would you like to borrow?How much can you afford to pay each month?When would you like to have your loan paid off? Smarter Loans >>> Faster To provide the very best Loan experience we Move fast Most loans can be approved and paid the same day*, so long as we have everything we need from you before 3pm. *Subject to responsible lending checks and lending criteria. Make it easy No need to scan and sign, fill in and upload lengthy documents. All we need is Photo ID and recent bank statements (we make that super easy and secure too!). Make it enjoyable We keep you updated every step of the way, so you always know where you’re at with your application. Make it affordable We work hard to find you the best deal we can. After all, we know what a difference those extra savings can mean. Get a fairer deal, faster from a company that cares Call us Now! Apply Now No Hoop Jumping Required! Loansmart arranges lending without the hassle of a drawn out process. We won’t make you jump through hoops, instead we jump them for you!We work hard to find you a great dealWe provide you with more optionsWe move fast so you get your funds sooner Get My Loan Today! Kiwi-As! Loansmart is 100% New Zealand owned and operated company. We’ve been helping tens of thousands of Kiwis for over 17 years. No matter where you are in the country we can assist you to get back on track, get ahead and get sorted. Low Cost Lending There are two types of lenders – ‘High Cost’ and ‘Low Cost’. By definition anyone who charges more than 50% is a high cost lender. All our loan providers are low cost lenders with interest rates between 9.95% to 32.50%. The interest you pay depends on the amount borrowed, your personal circumstances and credit history. We Say Yes More Often Had lending declined? We may be able to help. There isn’t a lending situation we haven’t encountered before and we can find solutions for most. Not all situations will meet our lending requirements; however, once we have an idea of your individual circumstances we can put forward a good case on your behalf. Apply online or call us to get started. Yes, We Offer Bad Credit Loans Even if you’ve defaulted on loans in the past, it’s quite possible we can help you get the money you need now. Our team gets to know your lending situation, and what’s changed for you. We’re interested in your story.Find out more about our Second Chance loans. Trusted & Preferred We are committed to responsible lending to make every aspect of your loan transparent so there are no surprises.There are no hidden fees and our quick loans have fixed repayments so you will have certainty and peace of mind throughout the period of your loan. Fast, Easy Process Once you’ve applied for a loan with Loansmart, you can sit back and let us take care of the process for you. Our professional team will keep you in the loop so you know exactly where you’re at with your application.We work fast, so you get your loan approved faster. Once your loan is approved, and final steps completed, you can receive payment that day or overnight*!*Subject to responsible lending checks. Personal Loan Consultant You’ll be assigned a Personal Loan Consultant, who will be with you for the duration of your loan.If you have any questions or your circumstances change, just give them a call. Having someone who understands you, means you don’t have to explain your financial situation over and over again. Experienced & Friendly Team Taking out a loan is a big step. Our team genuinely cares and works hard to get your loan approved while also taking the time to find better options for you.Providing smarter loan solutions is what we do best.Read our 5 Star reviews to learn about the extra effort we put in for each and everyone of our clients. Get A Free Loan Assessment Loansmart is a highly reputable company that’s been lending since 2008. Our experienced Personal Loan Consultants work hard to get you the best deal.Benefit from fairer terms, fees, interest rates and a team that cares. Get A Free Loan Assessment Why Loansmart We Say Yes More Often Applied elsewhere but been declined? Loansmart provides more options than other lenders. With more options, you have more chances of getting your personal loan approved. More Options Tailored For You Pay down debt faster and more affordably with lower fees and interest rates. Don’t pay more than you need to and get more options. Interest Rates From 9.95%* Our competitive personal loan rates range from 9.95% - 32.50%. *Subject to credit criteria and the credit profile of the applicant. Longer Repayment Options With loan terms from 6 months to 84 months, tailored to your needs. Faster Approval Process By providing us with your photo ID and recent bank statements online, your personal loan application could be approved in just 1 - 2 hours. *Subject to responsible lending checks and lending criteria. Same Day Payment* *If you complete the online contract and any additional steps before the end of the day, then funds can be paid to your account. Depending on your bank, you may receive the funds that day or the next morning. 100% Easy, Online Process No need to print, scan or upload statements. We simply send you a secure link that authorises us to view your statements online. Borrow up to $75,000 Unsecured or more with a Secured Loan The amount you can borrow and whether or not security is required is subject to standard lending criteria. We can use property (Caveat) or motor vehicles as security on a loan to increase the loan size, rates and terms. Get the complete package from a team that genuinely cares, and works hard to provide better loan options for you. Get Loansmart! *Subject to responsible lending checks. Call us Now! Apply Now