Providing Fast Loans in NZ for those with a Bad Credit History

Have urgent expenses that need tending to but past credit issues are making it a problem? Even if you have bad credit, Loan Direct can often help, we pride ourselves on offering fast and simple solutions based on your current status rather than your past. We require you to complete a quick online Application to start the ball rolling or call us to discuss you situation – 0800 323 130 0800 323 130

How can you provide loans to people with credit issues?

In order to offer loans to people with Bad Credit we need to do a thorough assessment of your ability to repay this loan. This is done by looking at your overall profile and bank statements, often, we can still assist those with bad credit to get loans anywhere in NZ. By embracing technology we are still able to approve most loans within two hours.

In some instances we may require some security to be added to the loan in order for the finance to be approved. This can be a Motor Vehicle or Property, if this is not an option we can look at adding a Guarantor to the loan.

We understand that life can sometimes throw you a curve ball at you when you least expect it. We put a priority on assessing your loan as fast as possible making the whole process fast, easy and transparent. Contact our team on 0800 323 130 0800 323 130 or apply online to find out the options available to you.

We do not offer Short Term loans, all Loan Direct loans are for terms of six to sixty months.

Our current interest rates range from 13.95% APR (Annual Percentage Rate) to a maximum APR (Annual Percentage Rate) of 29.95%. The rate offered will depend upon your credit history, security offered and your overall credit profile, all rates are fixed for the term of the agreement.

A typical example of a $3,000 loan through Loan Direct would be as follows:

Loan Amount $3,000
Establishment Fee $295
Weekly Admin Fee $3.46
Payments over 24 months @ 13.95% $39 per week
Total cost payable over 24 Months $4154.88

We are a NZ registered Financial Service provider – FSP Number 7461 and also a member of Financial Services Complaints Ltd – our FSCL Number is 617.

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