Example: A loan of $10,000 over 60 Months at 9.95% has fees totaling $495 and a total repayment of $13,254.00 which equates to 60 monthly payments of $220.90. This equates to an Annual Percentage Rate (APR) of 12.05%
1. We are a NZ registered Financial Service provider – FSP Number 7461 and member of Financial Services Complaints Ltd – our FSCL Number is 617.
2. * Rates of 8.95% subject to lending criteria and eligibility. 1 hour approval and same day payout subject to the applicant meeting our lending criteria and supplying all the information we need to process their application. Terms of 120 months only available on secured loans. Unsecured loans offer terms of up to 60 months.
3. You are protected by responsible lending laws. Because of these protections, the recommendations given to you about lending through Loansmart are not regulated financial advice.
This means that duties and requirements imposed on people who give financial advice do not apply to these recommendations. This includes a duty to comply with a code of conduct and a requirement to be licensed.”