# Loan Direct > Personal Loans NZ Wide ### How to Build an Emergency Fund on a Tight Budget If one thing’s for sure, it’s that life is unpredictable. All sorts of things can happen to derail your plans - job loss, car repairs, vet emergencies to name just a few.Without a financial buffer, these can quickly spiral into debt. That’s where an emergency fund comes in. It’s your safety net, your peace of mind.But what if your budget is already stretched thin? Building an emergency fund may seem impossible when you’re just trying to keep up with day-to-day costs. The good news? It’s absolutely possible—by starting small, staying consistent, and making a few smart changes, you can build a solid financial cushion no matter your income.Here’s how. 1. Start With a Realistic Goal A common recommendation is to save three to six months of living expenses. While that’s ideal, it’s not always practical if you’re living paycheque to paycheque.Instead, start smaller. Aim for $500 to $1,000. That amount can still make a major difference in an emergency—and it’s far less intimidating.Once you hit your first milestone, aim for the next. Small wins keep you motivated. 2. Open a Separate, Easy-to-Access Savings Account Keep your emergency fund separate from your everyday spending money. Ideally, open a separate savings account—preferably with no monthly fees and a little interest. This helps prevent accidental spending and keeps your savings goal visible.Look for an account you can access easily when needed, but not so easily that you're tempted to dip into it for non-emergencies. 3. Track Your Spending to Find Hidden Savings One of the most effective ways to save on a tight budget is by knowing exactly where your money is going. Start tracking every dollar you spend. There are a range of free budgeting apps available for Kiwis, but even a simple spreadsheet can do the trick.Look for small, regular expenses that add up: takeaway coffees, streaming subscriptions, dining out, or convenience purchases. Cutting just $2 to $5 a day can save you over $1,000 a year.Redirect these small savings directly into your emergency fund. 4. Automate Your Savings Even if it’s just $10 a week, automating your savings removes the temptation to skip it. Set up an automatic transfer from your everyday account to your emergency fund on payday.You’ll be surprised how quickly small amounts grow when you don’t have to think about it. 6. Cut Costs (Without Feeling Deprived) Saving money doesn’t mean living without joy. It’s about making choices. Consider:Swapping a takeaway meal for a home-cooked version once a week.Pausing unused subscriptions or switching to shared plans.Switching utility or insurance providers for better deals.Every dollar saved can move you closer to your emergency fund goal. And remember—this is temporary. Once your fund is established, you can reassess. 7. Set Micro-Goals and Celebrate Progress Saving $1,000 can feel daunting. But saving $50 twenty times? Much more manageable.Break your target into smaller milestones, like $100 at a time. Each time you hit a target, celebrate in a meaningful (and affordable) way. It might be a relaxing day off, a favourite home-cooked meal, or a walk in nature.Tracking your progress visually—on a chart, app or even sticky notes on the fridge—can help keep the momentum going. 8. Re-evaluate and Adjust Every few months, review your budget and see if you can free up a bit more. Maybe your income has increased or an old debt has been paid off. If so, consider raising your weekly savings transfer.On the flip side, if you’ve had to dip into your emergency fund, don’t panic. That’s what it’s for. Just restart the process and rebuild at your own pace. 9. Avoid High-Cost Debt as an Alternative It can be tempting to use credit cards or payday loans when emergencies arise. But these options often come with high interest rates that trap you in a cycle of debt.Building an emergency fund gives you options and reduces reliance on high-cost borrowing. At Loan Direct, we believe in helping people avoid those stressors by offering fair, fast loans when truly needed—at rates that won’t wreck your budget.We also understand that bad credit isn’t the end of the road. If you’re rebuilding your finances and need a short-term boost while working on your emergency fund, talk to us. You may have more options than you think. How Loan Direct Can Help You Get Started Building an emergency fund on a tight budget takes discipline and patience—but it’s one of the smartest financial moves you can make.Start small. Be consistent. Keep going.Even a modest emergency fund can mean the difference between a minor hiccup and a full-blown crisis. And with a little planning, anyone can get there—even on a tight budget.At Loan Direct, we’re here to support your financial journey. Whether it’s expert advice, access to competitive loan options, or just a friendly chat about your goals, we’re ready to help.Need help finding breathing room while building your emergency fund? A consolidation loan could be the answer you need to find that extra cash to start saving.We move fast—our online application takes just 2 minutes, with approval in 1–2 hours* and same day payout* possible.Ready to get started? Apply now!*Subject to responsible lending checks and criteria. Free Loan Assessment Try Our Loan calculator Excerpt: If one thing’s for sure, it’s that life is unpredictable. All sorts of things can happen to derail your plans - job loss, car repairs, vet emergencies to name just a few... ### How to Spot a Dodgy Lender: Red Flags Kiwi Borrowers Should Know When you're in a tight spot financially, a short term loan can seem like a lifeline. But not all lenders are created equal. Some are in the business of helping, while others are out to exploit. In Aotearoa, there are strong consumer protections in place, but that doesn’t mean every lender plays by the rules.Dodgy lenders still operate—often online—and they tend to target those in vulnerable financial situations. So how do you avoid falling into their trap? In this blog, we’ll walk you through the red flags to watch out for and explain how a reputable loan broker like Loan Direct ensures you’re treated fairly. Red Flag #1: They Pressure You to Act Fast—Too Fast While fast service is great (we offer approval in 1–2 hours* ourselves!), dodgy lenders will often pressure you to commit immediately—without giving you time to read the terms or ask questions. High-pressure tactics like “you must decide now or lose the deal” are designed to keep you from thinking things through.At Loan Direct, we move quickly but never at the expense of transparency. Our process is 100% online, simple, and you’ll always know exactly what you're agreeing to before signing anything. Red Flag #2: Their Interest Rates Are Vague or Sky-High A trustworthy lender is upfront about interest rates and fees. If you can’t find a clear explanation of the total cost of borrowing—or worse, if you’re charged hidden fees down the line—that’s a major red flag.Loan Direct offers secured loans from 9.95%* and unsecured loans from 11.95%*. We work with a network of reputable, low-cost lenders to find you the best possible deal. Transparency is part of our DNA. Red Flag #3: No Credit Check or Assessment of Your Ability to Repay This one might sound appealing—especially if you’ve had credit troubles in the past—but beware. Lenders who don’t care about your ability to repay aren’t doing you a favour; they’re setting you up to fail. They make their money from defaults and late fees.Loan Direct believes in second chances—but with responsibility. We consider your whole financial situation and only connect you with loan options that set you up for success. Bad credit isn’t a deal breaker, but we won’t push you into something you can’t afford. Red Flag #4: The Lender Isn’t Registered or Regulated Every legitimate lender in New Zealand must be registered on the Financial Service Providers Register (FSPR) and adhere to the rules set by the Commerce Commission and the Credit Contracts and Consumer Finance Act (CCCFA). If you can’t find a lender listed on the FSPR or they don’t provide their registration number, steer clear.In addition to being registered as a Financial Service Provider, Loan Direct is an associate member of the Financial Services Federation (FSF)—a trusted body that promotes responsible lending standards. As FSF members, we must act in your best interests when giving advice. It’s one more reason why you can trust us. Red Flag #5: No Real Contact Information If you can’t speak to a real person, that’s a serious warning sign. Many dodgy lenders avoid giving physical addresses or phone numbers. If all you can find is an anonymous web form with no contact information, be cautious.With Loan Direct, you’ll deal with real, experienced loan consultants—people who take the time to understand your needs. We’re here to help, not just to process transactions. You can give them a call now on 0800 255 155. Red Flag #6: No Clear Terms and Conditions Lenders are required by law to provide you with a credit contract that includes all key terms—interest rate, total amount repayable, fees, your rights and obligations. If this isn’t clearly presented, or the language is deliberately confusing, that’s a red flag.At Loan Direct, our terms are clear, concise, and 100% online. We don’t bury the important stuff in fine print. What you see is what you get. Red Flag #7: Upfront Fees Before You Get the Loan Legitimate lenders never ask for large upfront payments just to process your loan. If you’re being asked to pay a “processing fee” or “insurance charge” before you’ve even received your funds, walk away.Loan Direct does not require any upfront payment before your loan is approved and paid out. Our application is free and obligation-free. You only start repaying once you’ve received your funds. What to Do If You’re Unsure If something feels off, trust your instincts. Always:Check the lender on the Financial Service Providers RegisterAsk for written loan termsRead reviews and look for FSF membershipGet advice from someone you trustOr better yet—let Loan Direct do the hard work for you! Why Choose Loan Direct? We know there are a lot of choices out there when it comes to borrowing. But here’s why Kiwis trust us:Access to Multiple Lenders: As loan brokers, we don’t just represent one lender. We use our network to find you the best deal—fast.Same Day Payout Possible: Our online application takes just 2 minutes. Once approved, you could see your funds on the same day*.Great Rates: Secured loans from 9.95%* and unsecured loans from 11.95%*.No Hoop Jumping Required: No complicated forms, no face-to-face meetings. Just fast, straightforward loans.Bad Credit Isn’t a Deal Breaker: We believe in second chances and offer fair options to those with poor credit.Trustworthy and Regulated: As an associate member of the Financial Services Federation, we’re held to the highest standards of borrower care.Expert Local Advice: Our lending consultants are some of the most experienced in the country. We look at your full situation and work hard to find the right solution.Ready to get started? Apply now!*Subject to responsible lending checks and criteria. Free Loan Assessment Try Our Loan calculator Excerpt: When you're in a tight spot financially, a short term loan can seem like a lifeline. But not all lenders are created equal... ### Car Finance in NZ: Should You Get a Pre Approved Car Loan? Buying a car is a big decision - one that often comes with a hefty price tag. For most Kiwis, car finance is part of the journey. But here’s a question that could save you money, time, and hassle: should you get pre-approved for car finance before you start shopping?At Loan Direct, we help New Zealanders get sorted faster with competitive rates, expert advice, and a simple, online process. Whether you’re buying your first car or upgrading the family wagon, understanding how pre-approval works - and the types of loans available - can help you make a smarter financial choice. What Does It Mean to Be Pre Approved for Car Finance? Pre-approval means a lender has reviewed your financial information and agreed, in principle, to lend you a specific amount.It’s not a guarantee, but it gives you a clear idea of your borrowing power before you start negotiating with sellers or dealerships.This means you can start car shopping with the power of being a cash buyer! The Benefits of Getting Pre Approved Car Finance Here’s why pre-approval is a smart first step before you head to the dealership: 1. Know Your Budget Pre-approval tells you exactly how much you can borrow, helping you shop within your means. It stops you from falling in love with a car that’s out of reach. 2. Stronger Negotiating Power Sellers take you more seriously when they know you’ve got financing sorted. It’s like walking in with cash—you’re in a stronger position to negotiate price or extras. 3. Faster Buying Process With finance already lined up, you can close the deal faster and drive away sooner. 4. Avoid High-Interest Dealer Finance Many dealerships offer their own finance options - but these can come with higher interest rates or unfavourable terms. With pre-approval from a broker like Loan Direct, you’ll likely access more competitive rates. Are There Any Downsides? While pre-approval offers plenty of perks, there are a few things to keep in mind:It’s a Snapshot: Pre-approval is based on your financial situation at a given moment. Major changes (like job loss or new debts) could affect final approval.Credit Check: Some lenders perform a full credit check at pre-approval stage, which may impact your credit score if you apply for other loans at the same time.Limited Timeframe: Pre-approvals generally expire after 30–60 days, so you’ll need to act within that window.Overall, the benefits tend to outweigh the drawbacks—especially when you're working with expert brokers like Loan Direct who can guide you through the process. Secured vs Unsecured Car Finance: What’s the Difference? When it comes to car finance, you’ll typically choose between a secured or unsecured loan. Here’s how they compare: Secured Car Loan A secured loan uses the car you're buying as collateral. This means the lender can repossess the vehicle if you don’t meet repayments.Pros:Lower interest rates – Because the loan is backed by an asset, lenders see it as less risky.Higher borrowing limits – You may be able to borrow more, depending on the vehicle’s value.Easier approval – Especially if you have bad credit or a shorter credit history.Cons:Risk of repossession – Miss payments and the lender may take the car.Limited to vehicle purchases – These loans are usually tied to the specific car you're buying.Depreciation risk – You’re still liable for the full loan even if the car’s value drops over time. Unsecured Car Finance An unsecured loan isn’t tied to the car or any other asset. It’s based purely on your creditworthiness and income.Pros:More flexibility – No restrictions on the vehicle you buy. And if you have extra cash leftover, you could use it for whatever you want, like upgrading the car’s stereo.No asset at risk – Your vehicle won’t be repossessed if you default (though your credit rating will suffer).Cons:Higher interest rates – Without security, lenders usually charge a bit more to offset the risk.Stricter lending criteria – You’ll generally need good credit and stable income to qualify.Lower loan amounts – Borrowing limits tend to be lower than secured loans. Which Car Loan Type is Right for You? Here’s a quick guide to help you decide: Scenario Best Loan Type You want the lowest possible rate Secured You have bad credit or limited credit history Secured You don’t want to risk losing your car Unsecured You want flexibility with how funds are used Unsecured You’re buying a car privately or from Trade Me Either, depending on your financial profile At Loan Direct, we offer secured loans from 9.95%* and unsecured loans from 11.95%*. You can borrow up to $75,000 unsecured or $150,000 secured, and we’ll assess your options to find the best fit. How Loan Direct Can Help We’re not just a lender—we’re your loan partner. As expert brokers, we work with a network of low-cost lenders to find you the best deal. More lenders means more chances of approval, especially if you’ve been turned away elsewhere.Bad credit? Not a deal breaker.Fast, 100% online process—no hoop jumping required.Expert local advice—from a friendly team that’s got your back.Apply online in just 2 minutes and get pre-approved in as little as 1–2 hours*. You could be driving away with your new car—and a great loan deal—the same day*.Ready to get started? Apply online today and see what you’re eligible for in just minutes.Apply Now*Subject to responsible lending checks and criteria FAQs: Pre Approved Car Loans in NZ 1. What is a pre approved car loan?A pre approved car loan means a lender has reviewed your financial details and agreed, in principle, to lend you a specific amount. It gives you a clear idea of your budget and borrowing power before you start shopping for a vehicle. 2. Why should I get pre approved for car finance?Getting pre approved for car finance helps you set a realistic budget, negotiate like a cash buyer, and avoid high-interest dealer finance. It also speeds up the buying process, so you can drive away sooner. 3. How long does car loan pre approval last in New Zealand?Pre approvals usually last 30 to 60 days in NZ, depending on the lender. You’ll need to complete your car purchase within this timeframe or reapply. 4. Will a pre approved car loan affect my credit score?Some lenders perform a full credit check when assessing your car loan pre approval, which may temporarily impact your credit score. Always ask your broker what type of inquiry will be used. 5. What’s the difference between secured and unsecured car finance?Secured car finance uses the car as collateral and usually offers lower interest rates. Unsecured car loans aren’t tied to the vehicle and offer more flexibility but often come with higher rates and stricter approval criteria. 6. Can I get car finance with bad credit in NZ?Yes, it’s possible. At Loan Direct, we work with a wide network of lenders—including those who consider applications from people with poor or limited credit history. 7. Is it better to get car finance through a dealer or a broker?Brokers like Loan Direct can often secure more competitive rates than dealership finance and provide personalised advice tailored to your situation. 8. How fast can I get pre approved for car finance with Loan Direct?You can apply online in just 2 minutes and get pre approved in as little as 1–2 hours*, subject to lending criteria. Free Loan Assessment Try Our Loan calculator Excerpt: Buying a car is a big decision - one that often comes with a hefty price tag... ### Same Day Loans: What to Know Before You Borrow When you need access to funds quickly, a same day loan can be a great option. Maybe you’ve been hit with an unexpected bill, you need to arrange urgent home repairs, or you have a short-term cashflow issue. Whatever the reason, fast loans provide a convenient solution — but it’s important to understand how they work, what to watch for, and how to get the best deal.Here’s what you should know before applying for a fast loan in New Zealand. What Is a Same Day Loan? A same day loan is a personal loan designed to provide quick access to money — often within the same day. Approval is typically based on your income, credit profile, and ability to repay, and the process is streamlined for speed.These loans can be either unsecured (no collateral required) or secured (using an asset such as a car or home as security). Borrowers typically use them for emergencies, consolidating debt, or covering short-term expenses. Same Day Loans vs. Short Term Loans It’s important to distinguish same-day loans from short-term loans. While both offer quick access to cash, short-term loans typically have much shorter repayment terms (often due on your next pay) and much higher interest rates. These loans can lead to a cycle of debt if not managed carefully.Short-term loans should really only be a last resort. It’s much better to borrow from a reputable lender who can offer you more favourable terms, like lower interest rates.Loan Direct offers personal loans with structured, affordable repayments, making them a far more sustainable option than short-term loans. You’ll have longer terms, lower rates, and a clear pathway to repayment — without the nasty surprises! How Same Day Loans Work in the Real World Want to see how fast loans really make a difference? Check out these stories from Loan Direct customers. Terry – Urgent Home Repairs Before Sale Terry needed $60,000 quickly to carry out essential repairs on his house before selling it. His bank was slow, taking over a week just to process the application. Time was critical as Terry was looking to sell urgently.Loan Direct stepped in and approved his loan the same day! Understanding it was a short-term need, we structured an interest-only loan for six months, keeping his repayments low. This allowed Terry to carry out the repairs immediately and repay the loan once the house was sold.Terry received the funds almost straight away and was able to move ahead with selling his property. The tailored approach and fast service from Loan Direct made all the difference. Jayda – Emergency Funeral Costs and Debt Help Jayda urgently needed $5,000 to cover funeral costs, but didn’t have the savings and already had a few existing loans. With the funeral happening that weekend, Jayda needed funds fast — something traditional banks couldn’t offer in time.Loan Direct approved her $5,000 loan quickly and ensured the funds were in her account before the weekend. Jayda got the money she needed on time.Afterwards, her Loan Direct advisor reached out to help her consolidate her existing loans. We secured approval for a debt consolidation loan and topped it up to cover some extra expenses. This resulted in $200 a week in savings on her repayments, with the flexibility to make extra payments whenever she can. How Much Can You Borrow? In New Zealand, fast loan limits vary by lender and your personal financial situation. At Loan Direct, you can borrow:Up to $75,000 unsecuredUp to $150,000 securedSecured loans usually offer higher borrowing limits and lower interest rates due to the reduced risk for lenders. Speed Without the Stress One of the key advantages of using Loan Direct is how easy and fast the process is. The application takes just 2 minutes to complete online. From there, you can expect an approval decision within 1–2 hours* and funds paid into your account the same day, depending on the lender and banking cut-off times.We’ve removed the hoops and hurdles — there are no complicated forms or long interviews. It’s a paperless, digital-first process that’s designed with your convenience in mind. What If You Have Bad Credit? Bad credit isn’t a dealbreaker with Loan Direct. We believe in second chances and understand that financial difficulties can happen to anyone. We specialise in finding solutions for people with less-than-perfect credit and can often secure a loan even when others can’t.We also offer debt consolidation loans to help simplify your finances and reduce your repayments. This can be especially helpful if you’re juggling multiple high-interest debts and want to take back control. What Should You Look for in a Same Day Loan Provider? Before you borrow, consider these key factors:Interest rate – Always compare the Annual Percentage Rate (APR), not just the base rate.Loan term – Longer terms reduce repayments but may cost more over time.Fees – Check for setup fees, monthly fees, or early repayment charges.Lender reputation – Work with trusted, licensed providers.Repayment flexibility – Can you make extra payments or align repayments with your pay cycle?Loan Direct keeps things transparent, with no hidden terms. We tailor the loan to your needs — including repayment timing that fits your budget. Why Choose Loan Direct? Here’s what sets us apart from the rest: We move fast – 2-minute application, 1–2 hour* approval, same-day payout* possible More options – We’re brokers, so we compare multiple lenders to find the best deal Great rates – From 9.95%* secured and 11.95%* unsecured Bad credit? – We look for solutions, not roadblocks Hassle-free – 100% online, paperless, and no face-to-face meetings required Expert support – Speak to experienced local advisors who care We understand how urgent borrowing can be — and we’re here to make it faster, easier, and more affordable.  If you're ready to move forward, apply online now and let us do the hard work for you.Apply Now!*Subject to responsible lending checks and criteria Free Loan Assessment Try Our Loan calculator Excerpt: When you need access to funds quickly, a same day loan can be a great option... ### Winter Money-Saving Hacks: Cut Power Bills and Manage Expenses When the New Zealand winter sets in, so do higher power bills and added pressure on household budgets. With longer nights, colder days, and often higher spending due to school holidays or car maintenance, winter can stretch your finances if you’re not prepared.The good news? You don’t need to sacrifice comfort to stay financially healthy. In this blog, we’ve compiled a range of realistic tips to help you slash power bills, manage expenses, and stay in control of your money this winter.Let’s dive in! 1. Be Strategic with Heating Choosing the Right Heater A heat pump is one of the most efficient ways to heat your home, especially compared with other types of electric heaters such as oil heaters and portable fan heaters. According to Consumer, plug-in heaters cost between 23 and 31 cents per kWh to run, depending on your power plan .That means if you run a 2kW heater for 5 hours a day at 25 cents per kWh, you’ll spend $2.50 per day, or $75 per month. Compare that with a mid-range heat pump, many of which have estimated running costs of about $100 per year! Curtains Are Your Best Friend Invest in thermal curtains or add DIY liners to existing ones. Closing curtains before sunset traps heat inside and helps insulate your home overnight. Block Draughts Stop heat escaping under doors, through windows, or via the chimney. Use door snakes, weather stripping, or foam tape to block cold air. These small, low-cost fixes can reduce heat loss significantly. 2. Optimise Electricity Usage Shift Power Usage to Off-Peak Times Some electricity providers, such as Contact, offer lower rates during off-peak hours. Consider running the dishwasher, washing machine, and dryer late at night or early morning. This simple shift can shave dollars off your bill. Use LED Lighting Switching to LED light bulbs is a no-brainer. They use up to 85% less power and last much longer. Replace old incandescent bulbs, especially in high-use areas like kitchens and living rooms. Unplug Appliances Even when not in use, appliances on standby still draw power. Unplug TVs, chargers, and computers or invest in a smart power strip to automatically turn them off when not needed. 3. Make Smart Cooking Choices Batch Cook and Reheat Cooking in bulk saves time and money. It also reduces how often you use the oven or stovetop. Freeze portions and reheat using a microwave or slow cooker—both are more energy-efficient than reheating in the oven. Use Smaller Appliances Microwaves, slow cookers, and air fryers use less power than your standard oven. They're great for soups, stews, or a quick midweek meal, and they cost significantly less to run. 4. Take Advantage of Government Programmes and Discounts Winter Energy Payment If you're receiving a main benefit, superannuation, or a veteran’s pension, you might qualify for the Winter Energy Payment through Work and Income. This helps cover heating costs from 1 May to 1 October. Home Insulation and Heating Grants The Warmer Kiwi Homes programme offers insulation and heating grants for eligible homeowners. A warmer, drier home means you’ll need less heating, so check if you qualify for free or subsidised upgrades. 5. Reassess Your Budget Track Your Spending Winter often brings more indoor living—which can mean online shopping, takeaways, and streaming subscriptions. Use budgeting apps like PocketSmith or Sorted's budgeting tool to see where your money’s going. Cut Unnecessary Subscriptions It seems almost everything is available as a subscription these days, and it’s so easy to sign up! But subscriptions can quickly get out of hand, and you may find yourself paying for things you never use. Take stock of all your subscriptions—Netflix, Spotify, Amazon Prime, gym memberships, etc—and cancel or pause the ones you don’t use. You might be surprised at how quickly these add up. Review Your Insurance Policies Review your home, contents, and car insurance policies to ensure they still meet your needs. Take comprehensive car insurance, for example. Maybe you’ve had your vehicle for a while and the value has dropped, so a switch to cheaper third party car insurance could be a good move. Also, comparing different providers might reveal more cost-effective options or better coverage for the same premium. 6. Be Smart with Groceries Plan Meals & Shop Weekly Meal planning helps reduce food waste and impulse buying. Create a list and stick to it. Buying groceries weekly instead of daily helps you avoid frequent trips where extras sneak into your trolley. Buy Seasonal and Local In-season produce is cheaper and fresher. Look out for deals at your local markets or veggie box schemes. Buying bulk staples like rice, oats, and legumes can also save in the long run. 7. Get a Handle on Debt Winter is a great time to review your debt situation. Are you juggling credit cards, Buy Now Pay Later, or personal loans? Managing multiple repayments with different interest rates can be stressful and costly. Consolidate to Simplify Consider a debt consolidation loan to combine your existing debts into one manageable repayment. This can reduce the overall interest you pay and make budgeting easier. 8. Consider Flexible Financing for Larger Costs Unexpected costs—car repairs, vet bills, or replacing a broken appliance—can throw off your winter budget. If savings won’t stretch, financing these expenses with a low-cost personal loan might make more sense than high-interest credit cards or short-term lenders.Look for a provider who offers:Fast approvalFair interest ratesFlexible repayment optionsTransparency with no hidden fees 9. Get Help if You’re Struggling There’s no shame in needing a hand. If you’re facing a tight winter, don’t wait until it becomes a crisis. Reach out to budgeting services, community support centres, or financial advisers.For fast, practical support, Loan Direct is here to help. How Loan Direct Can Help This Winter https://www.youtube.com/watch?v=D5ogb7XF8oQAt Loan Direct, we understand that life doesn’t stop for winter—and neither should your financial wellbeing. Whether you’re looking to reduce debt, cover unexpected costs, or just create some breathing room, we’ve got the tools to help:Fast, hassle-free application – Apply online in just 2 minutes.Quick approval – Get approved in as little as 1–2 hours*.Same-day payouts – Funds can be in your account the very same day*.Great rates – Secured loans from 9.95%, unsecured from 11.95%.Bad credit considered – We believe in second chances.Expert, local support – Talk to real people who understand your situation.You can borrow up to $75,000 unsecured or $150,000 secured, and we match you with the right lender for your circumstances from our network of trusted partners.Winter may be tough—but with a few smart moves and the right support, you can take control of your finances and make the season work for you.Ready to get sorted faster?Apply now with Loan Direct and enjoy financial peace of mind all winter long.Apply Now!*Subject to responsible lending checks and criteria. Free Loan Assessment Try Our Loan calculator Excerpt: When the New Zealand winter sets in, so do higher power bills and added pressure on household budgets... ### How Do You Fix Your Credit Score? Demystifying Credit Scores: Build and Repair Yours Your credit score plays a big role in your financial life—affecting everything from loan approvals to the interest rates you're offered. But for many Kiwis, the idea of credit scores can feel confusing, even intimidating. What does your credit score really mean? What causes it to drop? And most importantly, how can you improve it—especially if it’s not where you want it to be?We’re here to break it all down in simple terms, so let’s get started. What Is a Credit Score? Your credit score is a number that basically represents how reliable you are at repaying money you’ve borrowed. Lenders use it to assess your financial history and risk level before approving a loan or credit application. In New Zealand, this score typically ranges between 0 and 1,000, and it’s calculated by credit reporting agencies like Centrix, Equifax, and Illion.The higher your score, the lower the risk you’re seen to be—meaning you’re more likely to get approved for loans and offered better interest rates. Conversely, a lower score might limit your borrowing options or result in higher rates. What’s Considered a Low or High Credit Score in NZ? Here’s a breakdown of how credit scores are interpreted in New Zealand. Credit scores are generally calculated by three main credit reporting agencies: Centrix, Equifax, and illion. This is roughly the scale each agency uses:Centrix: 0 to 1,000Equifax: 0 to 1,200illion: 0 to 1,000Each agency calculates its scores slightly differently. With Centrix, for example, a score above 846 is excellent, while a score below 425 is low. What Causes Your Credit Score to Drop? Knowing what brings your credit score down is the first step toward improving it. Here are some of the most common causes: 1. Missed or Late Payments One of the biggest red flags. Missing loan, credit card, or utility payments—even by a few days—can negatively affect your credit score. 2. Defaults If a debt remains unpaid for more than 30 days after receiving a formal notice, it can be listed as a default and stay on your report for up to five years. 3. Multiple Credit Applications Applying for several loans or credit cards in a short space of time makes lenders think you’re in financial strife. Every application leaves a “hard inquiry” on your report, which can drag your score down. 4. Too Much Existing Debt High credit card balances or multiple existing loans can signal that you’re overextended and struggling to manage your finances. 5. Bankruptcy or Insolvency These serious financial events have a long-term impact on your score and remain on your credit file for several years. How Do You Fix Your Credit Score? If your credit score has taken a bit of a dive, the good news is you can always rebuild it! Repairing your credit score doesn’t happen overnight, but small, consistent actions can lead to big improvements over time. Here are practical steps to take: 1. Check Your Credit Report Request a free copy of your credit report from agencies like Centrix, Equifax or Illion. Review it for any inaccuracies or outdated information that can be disputed and removed. 2. Pay Bills on Time Set up reminders or direct debits to ensure you never miss a payment again. Even utilities and phone bills can impact your score if unpaid. 3. Clear Existing Debts If possible, pay down existing debts. Prioritise high-interest loans and try to consolidate where it makes sense—Loan Direct can help with effective debt consolidation solutions. 4. Limit New Credit Applications Only apply for credit when necessary. A flurry of recent applications can suggest financial instability. 5. Use Credit Wisely If you have a credit card, keep balances well below your limit and pay it off in full each month if you can. Or better yet, get rid of it with a debt consolidation loan and potentially save yourself a lot of money in interest charges. 6. Take Out a Small Loan and Repay It On Time This is one of the most effective strategies for rebuilding your credit. A manageable loan repaid consistently demonstrates financial responsibility—and that’s where Loan Direct can make a real difference. Bad Credit? You’re Still in the Right Place At Loan Direct, we know that life doesn’t always go according to plan. A bad credit score may be the result of something beyond your control—job loss, illness, relationship breakdowns, or other setbacks.But here’s the difference: we don’t write you off.Our lending specialists look at your whole picture—not just your score. We take the time to understand your situation, and we work hard to find the best possible loan for you. Whether you’re looking to consolidate debt, cover an emergency expense, or get back on your feet, we can help. How a Bad Credit Loan Can Help: Donna’s Story Here’s an example from one of our clients of how we help people with bad credit.Donna wanted to study so she could get a better job, but she needed a $20,000 loan to pay for the course. Because of some unpaid bills from a past relationship, her credit wasn’t great, and a few lenders turned her down. That’s when Loan Direct stepped in.We looked at her full situation and saw she was serious about turning things around. By using her car as security, we helped her get the loan she needed from a fantastic low-cost lender. Donna was able to start her course and is now on the way to a brighter future—and a better credit score. Fix Your Credit Score with Loan Direct When you take out a loan through Loan Direct and make your repayments on time, you’re actively rebuilding your credit score. That means:You’ll improve your credit profile over timeYou’ll increase your chances of securing better loan deals in the futureYou’ll reduce stress and regain financial controlWe even tailor your repayment schedule to align with your pay cycle, making it easier to stay on track.And remember—our process is 100% online, hassle-free, and designed to move fast:Apply online in just 2 minutesGet approval in 1–2 hours*Receive your funds the same day* Why Choose Loan Direct? Access to multiple lenders: More lenders means more chances of approval.Secured loans from 9.95%, unsecured loans from 11.95%Borrow up to $75,000 unsecured or $150,000 securedSame-day payout* optionsFriendly, expert loan advisors ready to helpYour credit score doesn’t define you—and it certainly shouldn’t limit your future. At Loan Direct, we believe in giving Kiwis a fresh start. Whether you’re building your credit from scratch or working hard to repair it, we’re here to support you every step of the way.Start your journey today—apply online in just minutes and take control of your financial future.Apply now!*Subject to responsible lending checks and criteria. Free Loan Assessment Try Our Loan calculator Excerpt: Your credit score plays a big role in your financial life—affecting everything from loan approvals to the interest rates you're offered. ### EV Loans Explained: How to Go Green Without Breaking the Bank Electric vehicles (EVs) are becoming increasingly popular in New Zealand, offering a sustainable alternative to traditional petrol and diesel cars. With advancements in technology and a growing charging infrastructure, transitioning to an EV is more feasible than ever.However, the initial cost can be a barrier. This is where EV loans come into play, providing a financial pathway to eco-friendly driving. Understanding Electric Vehicle Loans Electric Vehicle loans are similar to any other type of vehicle financing—it’s a personal loan used specifically to purchase an electric or hybrid vehicle. Depending on your financial situation, you may be eligible for a secured or unsecured loan. With Loan Direct, you can borrow up to $75,000 unsecured or up to $150,000 with security attached.Whether you’re buying new or used, through a dealership or privately, EV financing gives you the flexibility to choose the right car for your needs. Why Now is a Good Time to Buy an EV in New Zealand It’s never been a better time to get an electric vehicle in NZ, and there are a few reasons for this: End of Government Subsidies The New Zealand government ended the Clean Car Discount scheme on 31 December 2023, which previously offered rebates for EV purchases. This led to a surge in EV purchases before the deadline, followed by a significant drop in sales. Excess Stock and Dealer Discounts The abrupt end of subsidies left dealers with excess EV stock. To manage this surplus, many dealers have offered substantial discounts on EVs, making them more affordable than ever. Improved Affordability The cost of electric vehicles is coming down, partly due to the reasons mentioned above, but also because there has been a flurry of new EVs to the New Zealand market. This means there are now plenty of options for EVs under $50,000. Why Going Electric Just Makes Sense Switching to an electric vehicle isn’t just about keeping up with the latest trend—it actually makes a lot of practical sense. EVs come with real, long-term benefits that are changing how we think about driving. Lower Running Costs One of the biggest perks of owning an EV is how much cheaper they are to run. Unlike petrol or diesel cars, EVs don’t rely on expensive fuel. Charging up with electricity usually costs a lot less than filling a tank, and those savings can really add up over time.EVs also have fewer parts under the bonnet, which means fewer things that can go wrong. They’re not maintenance free, but they do cost a lot less to maintain than a petrol or diesel car. You won’t need to worry about oil changes, spark plugs, or most of the other regular servicing you’d expect with a conventional car. That all means less time (and money) spent at the mechanic. Better for the Planet Driving electric is a great way to reduce your impact on the environment. EVs produce far fewer emissions than traditional cars, especially if your electricity comes from renewable sources like solar or wind. Less pollution means cleaner air and healthier communities—something we can all get behind. A Smoother, Quieter Drive One of the first things you’ll notice in an EV is how smooth and quiet the ride is. Electric motors deliver power instantly, so you get fast acceleration without any lag. It makes city driving feel easy and responsive, and without the usual engine noise, the cabin stays nice and peaceful. EV Loans With Loan Direct: How We Help You Go Green At Loan Direct, we do things differently. We're loan brokers, not lenders—which means we tap into our network of low-cost lending partners to find the most competitive deal for you. More lenders means more chances of approval, even if your credit history isn’t perfect.Here’s why more people are choosing us for their EV finance:Easy Online Application: Our fast, paperless application takes just 2 minutes.Quick Turnaround: You’ll receive a decision in 1–2 hours*, with same-day payouts available*.Competitive Rates: Secured loans from 9.95% and unsecured from 11.95%.Flexible Terms: Repayment plans from 6 months to 7 years. Payments are aligned with your pay cycle to make budgeting easier.Expert Advice: Our experienced, local loan advisors will guide you through the process from start to finish.Bad Credit? That’s not a deal breaker for us. We believe in second chances and have solutions for those with past credit issues.*Subject to responsible lending checks and criteria.Apply now! Free Loan Assessment Try Our Loan calculator Excerpt: Electric vehicles (EVs) are becoming increasingly popular in New Zealand, offering a sustainable alternative... ### Balancing Multiple Loans: Tips for Staying on Track Taking out a loan can be a smart way to manage major expenses, consolidate debt, or fund big goals. But when you have more than one loan—perhaps a personal loan, a car loan, and a credit card balance—it’s easy to feel overwhelmed. The key to successfully managing multiple loans lies in having a clear strategy and sticking to it.But how do you actually do that? The good news is there are some simple but effective ways to regain control of your loans. Tips for Staying on Track 1. Know Exactly What You Owe The first step in managing multiple loans is getting a full picture of your debts. List out each loan you have, including:Outstanding balancesInterest ratesMonthly repayment amountsRepayment frequencyLoan term remainingSeeing all of this information in one place is essential. It allows you to assess which loans are costing you the most and identify opportunities to save money—such as refinancing a high-interest loan. 2. Prioritise High-Interest Debt If you have several debts, it's generally best to focus on repaying the ones with the highest interest rates first. This is often referred to as the avalanche method.For example, credit cards tend to have higher interest rates than personal or car loans. By channeling extra repayments towards high-interest loans, you reduce the total amount of interest you pay over time, helping you clear your debt faster.That said, if you're motivated by quick wins, the snowball method—where you pay off the smallest balances first—can be a powerful psychological boost. 3. Consolidate Where Appropriate Debt consolidation can simplify your financial life. If you qualify for a consolidation loan, you can combine multiple debts into one single repayment, often at a lower interest rate.Benefits include:Easier budgeting with one repaymentLower overall interest costsImproved cashflowAt Loan Direct, we offer access to a network of lenders, helping you find the most competitive consolidation loan available to suit your circumstances—even if you’ve got bad credit. Learn more about our debt consolidation loans 4. Set Up Automated Payments One of the easiest ways to ensure you never miss a repayment is to automate your payments. Set up direct debits aligned with your pay cycle so your loan repayments go out as soon as you get paid.This tactic not only reduces the risk of late fees, but also protects your credit score—which can take a hit if you fall behind. 5. Stick to a Monthly Budget Managing multiple loans is significantly easier when you’re sticking to a well-planned budget. A budget helps you:Understand your income and fixed expensesIdentify areas to cut backAllocate funds for loan repayments and savingsYou don’t need to be an accountant—just a basic spreadsheet or budgeting app will do the job.At Loan Direct, we encourage borrowers to take control of their finances. That’s why we assess your financial situation thoroughly before recommending a loan, ensuring it aligns with your capacity to repay comfortably. 6. Avoid Taking On New Debt Unnecessarily If you’re already juggling multiple loans, avoid adding new debt unless absolutely necessary. A new loan or credit card might provide short-term relief but can make your situation more complex and costly in the long run.However, if you’re using new borrowing to consolidate or refinance existing debt at a lower rate, it can still be a smart move—just make sure the maths stacks up. 7. Seek Expert Support Struggling to manage your loans? Don’t suffer in silence. Speak to a financial advisor or debt management expert. At Loan Direct, our loan consultants are experienced professionals who understand every kind of lending situation.We work with clients of all credit backgrounds—including those with poor credit—to find loan solutions that suit their situation. Whether you're looking for a fresh start or a smarter way to manage your debt, we're here to help. Case Study: Jarod's Journey to Financial Freedom Here’s a great example from one of our clients of how debt consolidation can make a huge difference.Jarod was overwhelmed by eight different debts, including Buy Now Pay Later arrangements, credit cards, a car loan, a personal loan, and a hire purchase agreement. His weekly repayments totaled $469, leaving him with limited disposable income.Loan Direct stepped in to streamline Jarod's finances. By consolidating all his debts into a single loan, his weekly repayment was reduced to $235. This adjustment freed up $234 each week, providing Jarod with much-needed financial breathing room. Additionally, the consolidation process left him with a small surplus, which he used to address minor home improvements.Jarod now has a simpler repayment plan, less stress about money, and more cash in his pocket. This story shows how Loan Direct can help take a load off your shoulders and set you up for a better money situation. Why Choose Loan Direct Balancing multiple loans doesn’t need to be a struggle. With a clear plan, careful budgeting, and the right support, you can stay on top of your repayments and work towards a debt-free future.At Loan Direct, we’re committed to helping Kiwis take control of their finances. Whether you’re after a better rate, need to consolidate debt, or just want straight-up expert advice, we’re here to make it easy.We move fast. Our application takes just 3 minutes, and we aim to get you approved within 1–2 hours, with same day payouts possible. Let us help you get sorted faster.If you’d like help consolidating or managing your loans, talk to our team today. No hoop-jumping required—just honest advice and great rates. Free Loan Assessment Try Our Loan calculator Excerpt: Taking out a loan can be a smart way to manage major expenses, consolidate debt, or fund big goals... ### Home Improvement Loans: Smart Reno Projects to Tackle This Winter As winter sets in across New Zealand, it's the perfect time to focus on indoor home improvement projects. Not only can these upgrades enhance your comfort during the colder months, but they can also increase your property's value.While some may view winter as a time to pause renovations, this season can actually be an ideal time to tackle interior projects that might be overlooked during busier times of the year.With the support of Loan Direct, turning your renovation dreams into reality is more accessible than ever. Why Winter is Ideal for Home Renovations One advantage of undertaking renovations in winter is the increased availability of contractors. With fewer construction projects underway, you may find it easier to schedule skilled professionals.Winter is also an excellent time to concentrate on indoor upgrades that improve your home's warmth and energy efficiency. Projects such as enhancing insulation, sealing drafts, and updating heating systems can make a significant difference in comfort levels and energy bills.In the following sections, we'll explore top winter renovation projects that can transform your living space into a cosy and efficient haven, ensuring you're well-prepared for the season ahead. Top Winter Renovation Projects 1. Insulation and Heating Upgrades Enhancing your home's insulation can significantly reduce heating costs and improve comfort. Consider adding or upgrading insulation in the attic, walls, and floors. Installing energy-efficient heating systems or heat pumps can also provide long-term savings.The government offers subsidies for some homeowners to upgrade their heating and insulation. If you have a Community Services Card or live in a low-income area, you could be eligible. Go to the EECA website to find out more. 2. Kitchen Renos The kitchen is often the heart of the home, so it makes sense to maximise this space. Updating cabinetry, countertops, and appliances can modernise your kitchen area and improve functionality. Winter is an excellent time to undertake these projects, ensuring your kitchen is ready for entertaining when warmer weather returns. 3. Bathroom Renovations Upgrading bathrooms can enhance daily comfort and add value to your home. Consider installing new fixtures, tiles, or even underfloor heating to create a spa-like retreat. According to some estimates, bathroom renovations are a good investment, adding around $1.50 of value for each dollar you spend! 4. Lighting Enhancements With shorter days, effective lighting becomes crucial. Upgrading to LED fixtures or adding dimmer switches can create a warm and inviting atmosphere. Skylights or larger windows can also be considered to maximise natural light. 5. Flooring Improvements Replacing worn carpets or installing hardwood floors can transform the look and feel of your home. Heated flooring options are also worth considering for added comfort during chilly mornings. Home Renovation Loans with Loan Direct Embarking on home improvement projects requires financial planning, as many renovations aren’t cheap! The good news is, Loan Direct offers tailored solutions to help you fund your renovations efficiently.Here are some ways we can help. Flexible Loan Options Loan Direct provides unsecured loans up to $75,000 and secured loans up to $150,000 or more, depending on your needs and financial situation. This flexibility allows you to choose the best option for your renovation plans. Competitive Interest Rates With interest rates starting from 9.95%, Loan Direct offers competitive financing options that can be more affordable than traditional bank loans. This ensures you can undertake your projects without excessive financial strain. Fast and Easy Application Process Applying for a loan with Loan Direct is straightforward. The online application takes just two minutes, and approvals are typically provided within 1-2 hours*. Once approved, funds can be deposited into your account the same day*, allowing you to commence your renovations promptly. Personalised Support Loan Direct's experienced consultants work closely with you to understand your specific needs and guide you through the loan process. Their commitment to responsible lending ensures that you receive advice tailored to your financial circumstances. Ready to Transform Your Home? Winter is an opportune time to focus on home improvements that enhance comfort and add value. Whether it's upgrading insulation, renovating the kitchen, or improving lighting, these projects can make a significant difference. With Loan Direct's flexible financing options and dedicated support, turning your renovation ideas into reality is within reach.Ready to start your winter renovation journey? Apply now with Loan Direct and take the first step towards a more comfortable and valuable home.*Subject to responsible lending checks and criteria. Free Loan Assessment Try Our Loan calculator Excerpt: As winter sets in across New Zealand, it's the perfect time to focus on indoor home improvement projects... ### Credit Card Loan vs Personal Loan: Choosing the Right Tool for Your Next Purchase When it comes to making a purchase or consolidating debt, there are a few options available—two of the most common being credit cards and personal loans. While both can be useful tools, they each have their pros and cons. So, which one should you choose?In this blog, we’ll compare personal loans and credit cards to help you decide which is the right option for your next big purchase, whether that’s a new appliance, a holiday, or managing existing debt. The Case for Credit Cards Credit cards are one of the most popular payment methods today. They're convenient, widely accepted, and give you a flexible way to make purchases. However, this flexibility can also be a double-edged sword if you’re not careful with your repayments. Why Use a Credit Card? Short-Term Purchases: If you plan to pay off the balance in full within a month or two, credit cards can be a great option. Many cards offer interest-free periods (usually up to 55 days).Rewards and Perks: Many credit cards come with rewards points, cashback, or other benefits, which could make using them appealing for those who pay off their balance in full every month.Instant Access: Credit cards offer instant access to funds whenever you need them, without any paperwork or approval process. However, you do need to go through an application process to get one in the first place. Drawbacks to Credit Cards High Interest Rates: If you carry a balance, credit card interest rates can be sky-high, often exceeding 20% annually. This can lead to you paying significantly more for your purchases than you originally intended.Minimum Payments Trap: Only making minimum payments means you could be paying off your debt for years—and paying a lot more in interest. The Case for Personal Loans On the other hand, personal loans offer a different approach to borrowing money. Instead of paying as you go like a credit card, you’ll take out a fixed amount of money and repay it in regular installments, usually over several months or years. Why Choose a Personal Loan? Lower Interest Rates: Personal loan rates are typically much lower than credit card interest rates. With Loan Direct, our low interest loans start from 9.95% (secured) and 11.95% (unsecured), offering a much cheaper way to borrow money, especially if you’re consolidating debt.Fixed Repayments: Personal loans provide fixed repayment amounts over a set period. This means you’ll know exactly how much you need to pay each month, which can help with budgeting and avoiding surprise costs.Debt Consolidation: If you have multiple credit cards or loans, consolidating them into a personal loan can be a smart move. This often reduces your interest rates and simplifies your payments into a single, manageable amount.Larger Loan Amounts: Depending on your needs and eligibility, personal loans often allow you to borrow larger sums than credit cards, with amounts ranging from $75,000 unsecured to $150,000 secured. Drawbacks of Personal Loans Approval Process: While getting a personal loan is relatively straightforward, the approval process takes a bit more time compared to simply using a credit card. You’ll need to provide proof of income, employment, and undergo a credit check.Set Repayment Periods: You’ll be committed to a repayment schedule, which could restrict your financial flexibility. Real-Life Example: How Personal Loans Can Save You Money A great example of how personal loans can be a smarter financial choice comes from a recent customer of Loan Direct.Jarod was servicing multiple debts at once, paying $469 per week across eight different lines of credit—including several credit cards—which left him with virtually no disposable income.Loan Direct stepped in and swiftly arranged a single debt consolidation facility that paid out all of Jarod’s existing debts.The new consolidated loan required weekly repayments of just $235, slashing his outgoings by $234 each week! This left him with a small cash surplus, which he used to tidy up some loose ends around his home.As a loan broker, Loan Direct doesn’t lend directly but leverages its network of multiple lenders to secure interest rates starting at 9.95%, helping clients like Jarod save substantially compared to their previous high‐rate debts. When to Choose a Personal Loan Over a Credit Card If you’re looking at financing a large purchase or consolidating existing debt, here are some situations where a personal loan might be the better choice:High-interest debt: If you’re struggling with credit card debt that’s hard to pay off, consolidating it into a low-interest personal loan could save you money in the long run.Large expenses: For big-ticket items like renovations, a car, or a holiday, a personal loan gives you the ability to spread the cost over time with more predictable repayments.Stable income: Personal loans work well when you have a stable income and can commit to regular repayments. How Loan Direct Can Help At Loan Direct, we’re not a lender, but a loan broker. This means we can help you compare options from multiple lenders, increasing your chances of getting a better deal. We offer low interest options and flexible repayment terms, so you can find the loan that fits your needs.Our process is simple, and we can help you secure personal loan rates starting from 9.95% for secured loans and 11.95% for unsecured loans. Plus, with fast approval (usually within 1-2 hours*) and same-day payout*, you won’t be left waiting.*Subject to responsible lending checks and criteria. Get it Sorted! Apply Now FAQ - Credit Cards vs Personal Loans 1. What are the pros and cons of credit cards and personal loans? Credit card pros (interest-free periods, perks, instant access) and cons (high interest, minimum payment traps)Personal loan pros (lower rates, fixed repayments, larger amounts, debt consolidation) and cons (approval process, locked repayment terms) 2. Which one is better, a credit card or a personal loan?It depends on your needs. Credit cards are great for short-term spending if you can repay the balance quickly, as they often come with interest-free periods and rewards. However, if you’re carrying a balance or need to borrow a larger amount, a personal loan is usually the smarter choice. Personal loans offer lower interest rates, fixed repayments, and are ideal for larger expenses or debt consolidation—helping you save money in the long run. 3. What are the pros and cons of credit cards?Pros:Instant access to funds – No paperwork or waiting, you can use your credit limit anytime once you’ve been approved.Interest-free periods – Many cards offer up to 55 days interest-free if you pay your balance in full each month.Rewards and perks – Earn points, cashback, or travel benefits when you spend.Cons:High interest rates – Carrying a balance attracts interest rates often exceeding 20% p.a.Debt traps – Making only minimum payments can leave you in debt for years and cost you much more over time.Overspending risk – Easy access to credit can encourage unnecessary spending if not managed carefully. 4. What are the pros and cons of personal loans?Pros:Lower interest rates – Typically lower than credit card rates, starting from 9.95% (secured)Fixed repayments – Set payments make it easier to budget and avoid surprises.Debt consolidation – Combine multiple debts into one lower-cost, manageable repayment.Larger loan amounts – Borrow more than you typically could with a credit card.Cons:Approval process – Requires application, income verification, and credit checks, so it takes a little longer to access funds.Locked-in repayments – You must commit to fixed repayment terms, which reduces financial flexibility. Free Loan Assessment Try Our Loan calculator Excerpt: When it comes to making a purchase or consolidating debt, there are a few options available... ### How Can I Get Money Fast? Here's How to Get Cash Quick with Loan Direct Life doesn’t always wait for payday — sometimes you need access to cash right now. Whether it’s an unexpected bill, car trouble, or a time-sensitive opportunity, it’s natural to ask: "How can I get money fast?" or "How can I get cash quick?"At Loan Direct, we specialise in fast, straightforward cash loans designed to help Kiwis bridge the gap when they need money in a hurry. If you're looking for same-day cash loans or a quick personal loan, you're in the right place.Let’s walk through your options — and how you can apply and get funded fast. Fast Approval, Instant Cash Loans — How It Works Loan Direct offers fast approval loans with the ability to deposit funds into your bank account the same day you’re approved. Our application process is completely online and only takes a couple of minutes to get started.You can apply for amounts ranging from $2,000 all the way up to $75,000 (for unsecured loans), and once your application is reviewed and approved (often within 1–2 hours*), the money can be in your account that same day*.*Subject to responsible lending checks and criteria. Apply Now How Can I Get Money Fast? https://www.loandirect.co.nz/wp-content/uploads/2025/03/Loan-Direct-How-We-Help-You.mp4Follow these steps to get cash quick with Loan Direct: 1. Apply Online in 2 Minutes Fill out our super simple application form.Let us know how much you want to borrow. 2. Provide Supporting Info Upload a copy of your valid ID (like a driver licence).Provide access to your bank statements online using our secure portal — no printing or scanning required. 3. Get a Fast Decision Straightforward applications can be assessed quickly.You’ll often receive a decision within 1–2 hours during business hours*. 4. Receive Funds the Same Day If approved, we’ll deposit the money directly into your account the same day.*Applications are subject to our lending criteria. Complex applications may take longer to asses Apply Now Why Choose Loan Direct? Fast online applicationDecisions in 1–2 hours*Same-day payout*No paperwork hasslesBorrow $2,000–$75,000 unsecuredNZ owned & operated*Subject to responsible lending checks and criteria. Apply Now FAQ Can I get a loan in 2 hours?Yes — most straightforward applications are assessed within 1–2 hours*, and once approved, funds are deposited the same day*. Just make sure to complete all requirements quickly (uploading ID and providing access to bank statements). How fast can I get the money?If you apply during business hours and your application is straightforward, you can receive your funds on the same day*. We process applications in the order we receive them, so the earlier in the day you apply, the better chance you have of getting same-day payout. How can I get money fast if I have bad credit?Bad credit isn’t a deal breaker for us. We specialise in helping people who have less-than-perfect credit scores get affordable loans. As long as you have enough regular income to cover the repayments, there’s a good chance of loan approval. Get in touch with us today to find out how we can help. Do I need to provide bank statements?Yes — as a responsible lender, we’ll need to have a look at your recent financial history to make sure you can make your loan repayments. As part of your application you’ll need to:Upload a copy of your IDProvide online access to your bank statements through our secure link (no need to email or print anything) How can I get cash quick if my application is more complex?More complex applications may take longer to review. To speed things up, ensure all your information is accurate and complete when you apply. Is Loan Direct a trusted lender?Absolutely. Loan Direct has helped thousands Kiwis get access to great personal loans, and we are committed to responsible lending and great customer service.*Subject to responsible lending checks and criteria. Get Started Now If you're still wondering how to get money fast or how to get cash quick, the answer is simple: Apply online with Loan Direct today.It only takes 2 minutes to apply, and you could have funds in your account within hours. Free Loan Assessment Try Our Loan calculator Excerpt: Life doesn’t always wait for payday — sometimes you need access to cash right now... ### Loans Without Bank Statements - Is It A Thing? If you’ve been searching for loans without bank statements, you might be wondering if they really exist. The truth is, traditional lenders often require extensive paperwork, including bank statements, to approve a loan.But here’s the good news: with Loan Direct, you can secure a loan quickly with our hassle-free 100% online process. No need for physical paperwork or bank visits—we make borrowing simple, fast, and convenient. Can You Get Loans Without Bank Statements? Technically, yes! Loan Direct offers a completely paperless solution. While we do need to review your bank statements to ensure you can comfortably repay the loan, this is done 100% online through a secure and private process.Here’s how it works:After you apply, we send you a secure link.With your consent, you grant us access to review your bank statements electronically.Our lending experts assess your affordability, all without you needing to print or send any physical documents.This streamlined approach is designed to save you time, effort, and stress, ensuring you get the funds you need as quickly as possible. Now that’s fast, easy loans with no paperwork! Apply Now What About Bad Credit? Think your bad credit history stands in the way? Think again! At Loan Direct, bad credit isn’t a deal breaker. We specialise in helping people with less-than-perfect credit find a loan option that suits them. If you have a regular income and can show you can manage repayments, there’s a strong chance we can help. Why Choose Loan Direct? Here’s why Loan Direct stands out when it comes to cash loans online with no paperwork:100% Paperless Process: Say goodbye to piles of paperwork. Everything is handled online for your convenience.Secure and Confidential: Your information is safe with us, thanks to our advanced security measures.Fast Loan Approvals: Complete an application in just 2 minutes and, once approved, access your funds on the same day* in most cases.Competitive Rates: Interest rates from 9.95% for secured loans, often better than banks.Expert Support: Our friendly loan consultants focus on understanding your unique situation and finding a solution for you.*Subject to responsible lending checks and criteria. Apply Now Benefits of Loan Direct's Online Process Getting a loan has never been easier. Loan Direct's process offers:Convenience: Apply from anywhere, at any time, with no need for in-person meetings.Faster Approvals: Get your application reviewed and funds approved in as little as 1-2 hours.*Stress-Free Borrowing: Our team takes care of all the hard work while you sit back and relax.Access to Competitive Loans: We work with trusted lending partners to bring you the best deals based on your situation.*Subject to responsible lending checks and criteria. Who Can Apply? The Loan Direct service is available to individuals who:Are over 18 years old.Have a steady income deposited into their bank account.Meet our fair and responsible lending criteria.Even if you have poor credit, don’t worry—we understand that life happens, and we do everything we can to help you move forward. How To Apply Getting started is easy:Apply online in just 2 minutes.Use our personalised, secure link to provide electronic access to your bank statements.Receive a decision within 1-2 hours* and, if approved, get your funds the same day!**Subject to responsible lending checks and criteria. Apply Now FAQ Is There Such a Thing as No Bank Statement Loans?Any reputable lender will need to take a look at your bank statements to make sure you can afford to pay back the loan, but with Loan Direct, this is all done online. That means there’s no need to send us physical statements. Our 100% paperless process is secure and fast for your convenience. How much can I borrow?You can borrow up to $75,000 with an unsecured loan through Loan Direct. Need more? Our secured loans offer limits of $150,000, or even more in some cases! Are Online Loans No-Paperwork Instant to Get Approved? Almost! With Loan Direct, our fast, easy loans with no paperwork can be approved within just 1-2 hours* in most cases. Our fully digital process eliminates the hassle of physical documentation, ensuring a fast, secure, and convenient experience tailored to your needs. Learn more about quick loans with no bank statements.  What Are the Requirements to Qualify for a Loan? To qualify for a loan with Loan Direct, you need to meet a few simple requirements. You must be at least 18 years old, have a valid ID (such as a passport or driver’s license), provide proof of income or employment, and have an active bank account. Our streamlined process ensures fairness and accessibility for a wide range of applicants. Is My Personal Information Safe During the Loan Application Process? Absolutely. At Loan Direct, we prioritise the security of your personal information. Our platform uses advanced encryption and security protocols to safeguard your data throughout the application process. You can trust us to provide a safe and secure lending experience. Free Loan Assessment Try Our Loan calculator Excerpt: If you’ve been searching for loans without bank statements, you might be wondering if they really exist... ### Instant Cash Loans: Do They Really Exist? When you're in need of quick funds, the allure of "instant cash loans" can feel like a lifeline. But do they actually exist, and are they the right choice for you?Let's explore what instant cash loans really mean, the pitfalls of short-term lenders, and how Loan Direct can provide a faster yet responsible alternative that fits your financial needs. Who Needs Instant Cash Loans Life happens, and sometimes financial emergencies arise where you need funds fast. These could include:Unexpected purchasesCar repairsOverdue utility billsEmergency home repairsDuring these moments, it’s tempting to look for immediate solutions—but it’s essential to tread carefully. Instant Cash Loans: Fact or Fiction? The concept of an "instant cash loan" creates an impression of immediate access to money with no barriers. However, the reality is no responsible lender or reputable financial institution can truly provide an instant loan without any checks.Why? Because doing so would neglect essential steps like checking your affordability, credit history, and income. These processes exist not to complicate things, but to ensure borrowers don’t fall into situations where they’re unable to repay.At Loan Direct, we pride ourselves on making loans fast, simple, and accessible—but always responsibly. How Fast is Loan Direct? While truly "instant" loans don’t exist, Loan Direct is extremely close! With us:Loan approvals can be completed within 1-2 hoursOur 100% online application takes just 2 minutesSame-day payouts are possible once your application is approved and documents are signed*At Loan Direct, we’re determined to support your financial needs quickly without cutting corners on responsible lending.*Subject to responsible lending checks and criteria. The Danger of Short-Term Lenders While some short-term lenders may offer very fast loans, it often comes at a cost. High-interest rates and quick repayment periods can make these loans extremely risky, particularly for those already facing financial challenges.This can lead to:Exorbitant interest paymentsDifficulty in repaying within a short timeframeBecoming trapped in an ongoing cycle of debtThat’s why we avoid the short-term lender approach entirely. At Loan Direct, we provide loans with competitive interest rates, flexible repayment options, and transparency, so you can borrow responsibly. Why Choose Loan Direct Over Instant Cash Loans? Here’s why Loan Direct is the smarter choice:Speed Without Compromise: We balance speed and responsibility, ensuring a streamlined process while assessing your financial situation carefully.Tailored Solutions for Every Need: We offer a variety of loans for emergencies, debt consolidation, and more.No Hidden Fees: Transparent processes so you always know where you stand.Flexible Repayment Terms: Borrow without the stress of unaffordable repayments. How to Apply for a Loan with Loan Direct Applying with Loan Direct is fast and hassle-free. Here’s how it works:https://www.loandirect.co.nz/wp-content/uploads/2025/03/Loan-Direct-How-We-Help-You.mp4 1. Fill Out the Application Complete our easy online application form in just 2 minutes, from the comfort of home. Provide Supporting Documents Securely upload your ID and bank statements online. 3. Get Matched We work with multiple lenders to find the best option based on your situation. 4. Approval Receive approval in 1-2 hours*. 5. Payout Funds are deposited into your account, often the same day.**Subject to responsible lending checks and criteria. Apply Now FAQ Can I Get an Instant Cash Loan with Bad Credit?Loan Direct specialises in helping clients with bad credit. While we can’t promise completely “instant” loans, our process is designed to be fast and accessible. If you can demonstrate affordability, we’ll work to find a solution that suits you. Do Instant Cash Loans Exist?Not from reputable, low cost lenders. Reputable lenders always take time to assess your financial situation. That said, Loan Direct offers a very fast service, usually approving loans in 1-2 hours* and providing same-day payouts. How Long Does it Take to Get a Loan with Loan Direct?With Loan Direct, the process is quick:Online application takes just 2 minutesApproval is typically completed within 1-2 hoursFunds can be transferred same day* once approved. Are There Any Hidden Fees with Loan Direct Loans?No. At Loan Direct, we provide transparent breakdowns of all costs, from interest rates to any applicable fees, so you can make an informed decision. What Can I Use My Loan For?Our loans cover a wide range of needs, including:Debt consolidationHolidaysBuying a carHome renovationLarge purchases or special occasions Are Loan Direct's Interest Rates Competitive?Absolutely. We offer some of the most competitive rates in the market, with options starting as low as 9.95% on secured loans*.*Subject to responsible lending checks Free Loan Assessment Try Our Loan calculator Excerpt: When you're in need of quick funds, the allure of "instant cash loans" can feel like a lifeline. ### How to Find the Lowest Interest Rate on a Personal Loan When you're shopping for a personal loan, getting the lowest interest rate possible isn't just a nice to have—it's vital. A lower rate can save you hundreds or even thousands over the life of your loan, making it a critical factor in determining which lender is right for you. Whether you're a first-time borrower or looking to refinance, understanding how interest rates work and how to compare lenders can make all the difference.At Loan Direct, we've made it our mission to help borrowers secure competitively low interest rates, tailored to their individual needs. Here's everything you need to know to find the lowest interest rate on a personal loan. Understanding the Interest Rate on a Personal Loan Before you can secure the lowest interest rate, it helps to understand how rates work.An interest rate is simply the cost you pay for borrowing money. It's expressed as a percentage of the current loan balance.Your interest rate depends on a variety of factors, including your credit score, income, loan term, and whether the loan is secured or unsecured. How credit scores impact interest rates Credit scores play a significant role in determining the interest rates offered on personal loans. Lenders use credit scores to assess the level of risk associated with a borrower. Generally, a higher credit score indicates a lower risk, allowing borrowers to access loans with more favourable terms and lower interest rates.On the other hand, individuals with lower credit scores may face higher interest rates as lenders account for the perceived increased risk. Understanding your credit score and working to improve it can greatly impact the cost of borrowing and the options available to you. Banks vs Online Loan Brokers When considering where to take out your loan, it's important to compare your options. Two common types of lenders are traditional banks and online loan brokers, like Loan Direct. Traditional Banks Banks often take a one-size-fits-all approach to lending, which means that interest rates are usually standardised and not tailored to your personal circumstances. While they can be reliable, this model may leave you paying more than necessary, especially if you have strong financial credentials that aren't being fully taken into account. Online Loan Brokers Loan brokers, on the other hand, work with a network of lenders to find you the best possible deal. At Loan Direct, we use advanced technology and a personalised approach to match you with low-cost lenders offering rates tailored to your individual situation. This means you could end up saving more than you would when going directly to a bank. Secured vs Unsecured Loans Another factor that impacts your interest rate is whether your loan is secured or unsecured. Secured Loans Secured loans are backed by collateral, such as your home or vehicle. Because the lender's risk is reduced, secured loans often come with lower interest rates and higher borrowing limits. For example, Loan Direct offers secured loans with rates starting at 9.95%, making them an affordable option for larger, long-term financial needs.Borrow up to: $150,000 and even more in some circumstancesSuited for: Debt consolidation, home improvements, or other big expenses.Considerations: You risk losing the collateral if you're unable to repay your loan.Take longer to approve. Unsecured Loans Unsecured loans, on the other hand, don't require collateral. This makes them faster to process, as there's no need to assess or value any assets. However, this increased risk for lenders is often reflected in slightly higher interest rates. Loan Direct’s unsecured loans offer rates starting from 11.95%, which are still highly competitive.Borrow up to: $75,000Suited for: Smaller, short-term needs like holiday expenses or emergency repairs.Considerations: Qualification may depend on your credit score and income. Loan Direct’s Process https://www.loandirect.co.nz/wp-content/uploads/2025/03/Loan-Direct-How-We-Help-You.mp4Applying for a loan can feel overwhelming, but Loan Direct makes it simple and hassle-free. Here's how it works: 1. Online Application Start with our quick and secure application. It’ll only take 2 minutes to complete. 2. Provide Supporting Documents Share your photo ID and recent bank statements. This is done online safely and securely. 3. We Find the Best Deal for You Our team evaluates your application and uses our network of low-cost lenders to find the best rates and terms that suit your needs. 4. Approval in 1–2 Hours Within a couple of hours*, you'll have a selection of loan offers. 5. Sign Electronically Choose your preferred loan option and sign the agreement digitally. 6. Get Funded the Same Day Once approved, your funds are transferred to your account—often on the same day!*By acting as a loan broker, we do the heavy lifting for you, giving you access to loans that are competitive, personalised, and flexible. Apply Now *Subject to responsible lending criteria. How Loan Direct Stands Out With over a decade of experience and a proven track record, Loan Direct is proud to offer a borrowing experience that is second-to-none. Here's what sets us apart:Personalised Rates tailored to your unique financial profile.Loan Options from a network of trusted, low-cost lenders.Fast Approval & Funding to get you the money you need, when you need it.Transparent Fees & Terms, so you know exactly what to expect.Plus, our flexible lending criteria mean we can even help borrowers with a less-than-perfect credit history. FAQ How can I get the lowest interest rate on a personal loan?One of the best ways to get the lowest rate is to use an online loan broker, like Loan Direct! We utilise our network of excellent low-cost lenders to get you the best deal. Why apply with just one lender when you can apply with Loan Direct and get access to 10 lenders! It really is the best way to get the lowest rate for you. How does my credit score affect my personal loan application? Your credit score plays a significant role in determining the interest rates and terms offered by lenders. Higher credit scores generally lead to lower interest rates and better loan terms, while lower scores may result in higher rates and fewer options. How can I improve my chances of getting a better interest rate? To improve your chances of securing a better interest rate, focus on boosting your credit score by paying bills on time, reducing debt, and avoiding getting credit checks too often. Did you know that every time to apply for a new utility account (like a phone or power plan), a credit check is done on you? Having multiple credit checks in a short period of time can harm your credit score, so avoid this if you can. How long does it take to get approved for a personal loan? The approval process can vary depending on the lender. Some online lenders, such as Loan Direct, offer fast approvals—often within the same day*—while traditional bank loans may take longer. While Loan Direct doesn’t offer instant cash loans (no reputable lender does), we can provide same day loans subject to responsible lending checks.  *Subject to responsible lending criteria. Free Loan Assessment Try Our Loan calculator Excerpt: When you're shopping for a personal loan, getting the lowest interest rate possible isn't just a nice to have—it's vital. ### How to Consolidate Loans and Credit Cards to Reduce Your Lending Costs Are you tired of juggling multiple loan repayments, credit card bills, and high-interest rates?You’re not alone. For many Kiwis, managing debt across various sources can feel overwhelming—and expensive. However, there is a solution: consolidate your loans and credit cards into one single repayment.Debt consolidation allows you to combine multiple debts into one manageable loan, often with lower interest rates. By doing so, you could save money on interest, reduce monthly repayments, and simplify your finances.Below, we’ll explain how you benefit when you consolidate loans and credit cards, why it’s a cost-effective choice, and how Loan Direct can help you make it happen. Get it Sorted! Apply Now Why Consolidate Loans and Credit Cards? Lower Interest Rates One of the most significant benefits of consolidating your debts is the potential to reduce your borrowing costs. Credit cards, in particular, tend to have relatively high-interest rates. Most standard credit cards in New Zealand carry an interest rate of around 19.95%. By comparison, personal loans—such as those offered by Loan Direct—start from as low as 9.95% secured, and 11.95% unsecured.This means that using a personal loan to pay off credit card debt could significantly decrease the interest you’re paying, helping you save money in the long term. Simplified Payments With multiple debts, it’s easy to lose track of payment due dates, leading to missed payments or additional fees. Don't do this - it negatively impacts your credit score. Consolidating your debt into one loan streamlines your finances by combining everything into one regular repayment. This makes it easier to budget and ensures you stay on top of your financial obligations. Reduced Overall Costs When you consolidate debts, you might have the option to spread repayments over a longer term. This will reduce your monthly repayment amount, freeing up disposable income. Loan Direct’s experts can review your situation to help structure your loan in a way that balances affordability and cost-efficiency. Opportunity to Improve Your Credit Score Consistently making one manageable repayment can prevent defaults or arrears, which might occur when juggling multiple debts. Additionally, consolidating into a single loan shows lenders that you’re proactively addressing your debt, which can positively influence your credit score over time. How Does Debt Consolidation Work? At its core, debt consolidation involves taking out a new loan to pay off your existing debts. Once your debts—whether they’re credit cards, personal loans, or overdrafts—are paid off, you’re left with just a single loan to repay.Here’s a simple step-by-step breakdown of the process with Loan Direct:Apply Online: Submit your details using Loan Direct’s 2-minute application form.Discuss Your Options: One of Loan Direct’s experienced loan advisors will review your application and present you with solutions tailored to your needs.Combine and Simplify: Once approved, your existing debts will be paid off, leaving you with just one repayment at a potentially lower interest rate.Enjoy Peace of Mind: You’ll have a clear repayment schedule and a manageable financial plan moving forward.Even if you have a bad credit history, Loan Direct may still be able to help. Our team specialises in finding solutions for borrowers with varying financial circumstances. An Example of Debt Consolidation in Action A real story from one of our clientsApril was drowning in $35,000 of credit card debt with interest rates nearing 30%, making repayments unmanageable. After being declined by multiple lenders, she turned to Loan Direct as her last hope. Loan Direct reviewed her finances and approved her for a $75,000 debt consolidation loan at a reduced interest rate of 17.95%, combining all her debts into one manageable payment.This lowered her weekly repayments from $700 to $350, easing her financial burden and giving her a fresh start. Loan Direct specialises in helping people like April find affordable solutions to regain control of their finances. Apply Now Why Loan Direct is the Trusted Choice to Consolidate Loans and Credit Cards If you’re considering consolidating your debt, the choice of lender matters just as much as the decision to consolidate.Here’s why Loan Direct is the preferred choice for many Kiwis:Competitive Interest Rates: Loan Direct offers some of the most competitive rates in New Zealand, starting from 9.95% for secured loans. Unsecured loans start from 11.95%, providing affordable options for various borrowers.Fast Approval Process: Time matters when managing debt. Loan Direct offers approval times as quick as 1–2 hours* for most applications. Funds are often available on the same day, so you can act on your debts quickly.Tailored Loan Structures: Everyone’s financial situation is unique. That’s why Loan Direct works with you to structure repayments that fit your budget, spreading payments over a term that works for you without causing unnecessary strain.Expert Guidance: Loan Direct has been helping New Zealanders manage their finances since 2008. Our consultants don’t focus solely on lending—they aim to provide genuine solutions that reduce financial stress.Bad Credit? No Problem: Even if your credit score isn’t perfect, Loan Direct can still help. They specialise in finding workable options for borrowers with less-than-ideal credit histories, helping them regain control over their finances.Easy Online Process: With a simple online application and no paperwork required, Loan Direct streamlines the entire process for your convenience.*Subject to responsible lending checks and criteria. Apply Now FAQ How can I consolidate my loans and credit cards? Consolidating your loans and credit cards involves combining multiple debts into one, manageable payment. With Loan Direct, you can apply online or speak to an experienced consultant who will guide you through the process. They’ll assess your financial situation and create a plan with lower interest rates and simplified repayment terms. Will my existing loans be paid off?Yes, Loan Direct can arrange to pay off all your existing loans. Can I borrow extra cash at the same time?Maybe – it depends on what you can afford. But many of our clients do borrow extra cash, pay off loans and reduce their repayments at the same time. Will consolidating my debt hurt my credit score? Debt consolidation itself doesn’t directly harm your credit score. In fact, by making consistent, on-time payments on your new consolidated loan, you may see your credit score improve over time. It’s important to maintain responsible financial habits to achieve the best results. What are the benefits of loan consolidation?Loan consolidation offers several key benefits, including reduced interest rates, lower monthly payments, and simplified repayment schedules. It can help you save money, reduce stress, and pay off your debt faster. How long does it take to consolidate my debt? The process with Loan Direct is fast and straightforward. Applications can be completed online in just 2 minutes. Once approved, their team works quickly to help you consolidate your debts and set up a manageable repayment plan. In most cases, we can present you with loan options with 1-2 hours*, with same day payout possible*. Who can apply for debt consolidation with Loan Direct? Loan Direct specialises in assisting people who want to regain control of their finances. The most important thing is that you can repay the loan, so as long as you have enough regular income to cover the repayments, there’s a good chance of getting loan approval. Reach out today to see if you qualify! Can I consolidate my loans and credit cards if I have bad credit? Yes, you can consolidate your loans and credit cards even if you have bad credit. Loan Direct understands that financial challenges happen, and that’s why they offer solutions tailored to your situation. While having bad credit may affect the terms you’re offered, Loan Direct works to find the best consolidation plan for you. Consolidating your debts can help simplify payments, lower your monthly expenses, and potentially improve your credit over time with consistent, on-time payments.*Subject to responsible lending checks and criteria. Free Loan Assessment Try Our Loan calculator Excerpt: Are you tired of juggling multiple loan repayments, credit card bills, and high-interest rates? ### Easy Approval Loans Getting a loan doesn’t have to be a stressful, complicated process. At Loan Direct, we’ve redefined the lending experience to make it faster, easier, and more accessible—even for those with not so perfect credit histories. Whether you need funds for emergencies, debt consolidation, or large expenses, we specialise in easy approval loans, making the process, well - easy!Keep reading to find out how we do it. How Loan Direct Delivers Easy Approval Loans? Loan Direct is not your average lender. We’re a loan broker that gives you access to 11 different lenders from just one simple application! That’s 11 chances for approval, increasing the odds that one lender will suit your needs perfectly.Think of us as your partner in navigating the loan landscape—we work hard to match you with the best options so that you can get access to the funds you need quickly, without unnecessary stress.Here’s what makes our process for easy approval loans stand out:Approval within 1–2 hours*Same-day payout* (once approved, the funds are in your account fast!)Easy online application in just 2 minutesA 100% paperless experience, so you can apply from anywhereOptions tailored for bad credit clients, offering second chances with fair termsExpert advisors who genuinely care about finding the right solution for you*Subject to responsible lending checks and criteria Free Loan Assessment Competitive Rates for Any Situation At Loan Direct, we pride ourselves on offering some of the most affordable loan options in New Zealand.Unsecured loans from 11.95%Secured loans from 9.95%You don’t need to worry about exorbitant rates or restrictive terms. Our goal is to provide loans that are fair, customisable, and suit your financial situation. How We Simplify the Loan Experience We understand that financial needs often come with a sense of urgency. That’s why we’ve designed a seamless loan application process that prioritises speed and convenience. Our system works in just a few simple steps: 1. Apply Online Complete our 2-minute application form using your computer or smartphone. 2. Provide Access To Documents Quickly upload your photo ID and bank statements securely online. 3. Advisor Support One of our friendly team members will call to discuss options tailored to your needs. 4. Finding you a Lender We assess your application and present you with suitable matches from our 11 trusted lenders. 5. Approval Within Hours Once you select the best option, your loan will typically be approved in 1-2 hours*. 6. Same-Day Payout* After e-signing your loan documents, the funds are transferred directly to your account.*Subject to responsible lending checks and criteria Free Loan Assessment How to get an Easy Approval Loan with Bad Credit Concerned about a poor credit history? Don’t be. Loan Direct understands that life doesn’t always go as planned, which is why we specialise in easy-approval loans for bad credit clients.Many of our customers have successfully obtained loans despite previous defaults. If you can demonstrate efforts to manage your finances and can afford repayments, we’ll work with you to find a suitable solution. Why We’re Different We only work with low-cost lenders, avoiding predatory high-interest loans.Flexible repayment terms mean you’ll always have manageable instalments.Approval is based on affordability and regular income, not just credit scores.We are experts in consolidation loans, making existing loan repayments a lot more affordable. What Our Customers Are Saying Don’t just take our word for it. Here’s what some of our happy customers have to say about working with Loan Direct: Such a great, professional and hassle-free experience. Julian Sheridan was amazing at his job and helped my whānau and I get a loan quick and easy. Thank you again!" Timothy I was lucky enough to be helped by Shayaan Topiwala, his service was amazing! He made the entire process quick and easy to understand and had great communication throughout. Can’t recommend this company enough!" Pelenise FAQ How easy is it to get loan approval?At Loan Direct, we strive to make the loan approval process as simple and stress-free as possible. Our streamlined application system considers more than just your credit score, so we can provide solutions tailored to your unique situation. Many applicants receive decisions within 1-2 hours*, and if approved, funds can often be transferred the same day. It’s quick, straightforward, and designed with your needs in mind. How much can I borrow? Loan Direct offers unsecured loans up to $75,000, while larger funds are available with secured loans (up to $150,000). How quickly can I get an easy approval loan? Most applications are approved within 1-2 hours*, with funds often paid out the same day*.*Subject to responsible lending checks and criteria Are some loans easier to get than others?Complex financial situations can take longer to process, as it’s harder to get approval. Do you offer easy approval loans for bad credit? Yes! Loan Direct specialises in offering bad credit loans with fair rates and repayment terms designed to help you rebuild your financial stability. Is the process really 100% online? Absolutely. From application to approval, everything is streamlined and paperless for your convenience. Free Loan Assessment Try Our Loan calculator Excerpt: Getting a loan doesn’t have to be a stressful, complicated process... ### Car Repair Loans: Get Back on the Road Fast   Summer is here! With Christmas behind us, it’s time for beach days, road trips, and exciting getaways. But none of that is possible if your car isn’t in working order.Whether it’s a standard service, WOF, or unexpected repairs, now's the time to book your vehicle in to avoid additional costs like towing or emergency repair fees during the holiday rush.If funds are tight, you might be wondering how to cover these expenses. That’s where car repair loans come in! Getting a loan to fix your car can help you get back on the road quickly without breaking the bank What Are Car Repair Loans? Car repair loans, also known as auto repair loans, are a type of personal loan designed to cover car-related expenses.Whether you’re dealing with a flat tyre, engine repairs, or surprise maintenance costs, these loans provide the financial flexibility you need to manage repairs without delay. What Repairs Can a Car Repair Loan Cover? With a car repair loan, you can tackle a wide range of vehicle-related expenses, including:Regular Maintenance: Oil changes, fluid top-ups, brake replacements, or spark plug checks.WOF Costs: Addressing any issues highlighted during Warrant of Fitness inspections to keep your car legal and safe on the road.Tyre Replacement or Puncture Repairs: Essential for both safety and fuel efficiency.Major Repairs: Fixing a faulty gearbox, engine issues, or brake failure.Cosmetic Repairs: Respraying scratches, fixing dents, or replacing broken lights after an accident.Emergency Repairs: Addressing last-minute breakdowns to avoid holiday disruptions. Why Choose Loan Direct for Your Car Repair Loan? When it comes to choosing financial support, Loan Direct is your go-to solution for vehicle repair loans in New Zealand. Unsecured Personal Loans Loan Direct specialises in fast, unsecured personal loans of up to $75,000. This means you don’t need to put your car or any other asset at risk to access the funds you need for repairs. Fast and Hassle-Free Loan Approval Time is of the essence when your car is off the road. Loan Direct simplifies the borrowing process with its easy online application. Most customers receive approval within 1–2 hours* and same-day payout, meaning you can book those repairs quickly and with confidence. Competitive Interest Rates With interest rates starting at 11.95% for unsecured borrowing,*Loan Direct provides a convenient and competitive alternative to traditional bank loans. This is combined with flexible repayment terms of 6 to 84 months, letting you choose a plan that works with your budget. Transparency You Can Trust Loan Direct ensures that rates and fees are clear from the outset—no hidden surprises. Plus, our commitment to responsible lending means we tailor each loan to what you can afford, ensuring you maintain financial control. Flexible Usage The beauty of a Loan Direct unsecured loan is that you can use it how you see fit - so long as it’s legal! Whether it’s for vehicle servicing, emergency repairs, a replacement engine, or even buying new tyres, you’ve got the freedom to allocate the funds where they’re needed most.*Subject to responsible lending criteria How to Apply for a Car Repair Loan with Loan Direct Getting financial support for your car repairs is quick and simple with Loan Direct. You can start your online application right away - it takes just 2 minutes!We’ll be in touch with you to get a few more details to complete your application, and then we’ll get to work connecting you with one of our high-quality lenders.Once submitted, your application will be processed within 1–2 hours* and if approved, your funds can be deposited into your account on the same day*.*Subject to responsible lending criteria. Apply Today Try Our Loan calculator Excerpt: Summer is here! With Christmas around the corner, it’s almost time for beach days, road trips, and exciting holiday getaways... ### Borrow $50k - Get a $50000 Loan From Just $215 Per Week Life doesn’t always go as planned. Whether it’s an unexpected home renovation, a growing family, job loss, or consolidating your debts, there are times when you might need an extra $50,000 to cover essential costs. That’s where $50k loans come in—and choosing the right lender can make all the difference.With Loan Direct, you can borrow $50k from just $215 per week!*This guide will walk you through when a $50k loan may be the right solution for your circumstances, share a real-life client success story, and explain why Loan Direct is the best choice for getting the funds you need quickly and responsibly.*Based on a 12.95% interest rate over a 7-year term. Why You May Need a $50k Loan There’s no one-size-fits-all answer to why someone might need a $50,000 loan, but here are some of the most common situations: 1. Home Renovations or Repairs Fixing a leaky roof or remodelling a kitchen can quickly turn into costly projects. Even smaller home improvements can go over budget once contractors get to work. Maybe you removed a wall and discovered a much larger, more costly issue that requires immediate attention. A loan from Loan Direct can help you cover these expenses while keeping repayments affordable. 2. Expanding Your Family A growing family often means unexpected expenses, from time off work and baby gear to upgrading your car or moving into a larger home. A loan can ease the financial pressure during this exciting life stage. 3. Consolidating High-Interest Debts If you’re juggling multiple credit card balances or loans with high interest rates, getting a debt consolidation loan can save you money in the long term. Plus, it’s easier to manage a single monthly payment. 4. Setting Up A New Home If you're moving into your own flat or new home, there are many things you'll need. A flatting situation involves many people contributing, but when you have to fit one out by yourself, the cost adds up quickly! 5. Relocating to a New City Whether it’s for a new job or a fresh start, moving cities comes with large costs, like hiring movers, paying for temporary housing, and securing a rental deposit. Not to mention all the furniture and appliances you may need to buy. 6. Buying A New Vehicle This may be a nice personal car, work ute equipped with tools, or even a horse float and truck to pull it.You may want to do a combination of these things. Regardless of the reason, borrowing responsibly is crucial. This is where partnering with a trustworthy lender like Loan Direct becomes vital. Choosing the Right Lender for Your $50000 Loan Navigating the world of personal loans can be overwhelming—there are so many lenders and options to choose from. That’s why working with a loan broker like Loan Direct simplifies the process and significantly increases your chances of approval.Access to Multiple LendersInstead of applying to individual lenders one by one, Loan Direct sends your application to multiple options at once. This not only saves you time; it also means you’re likely to secure the best possible terms.No GuessworkLoan Direct’s friendly loan advisors take the guesswork out of choosing a loan. They understand your financial needs and match you to a loan that’s suitable for your situation.Convenient and FastLoan Direct’s 100% online process is designed for busy people. With a 2-minute application form, no paperwork, and speedy approvals (as quick as 1-2 hours*), getting a loan has never been easier.Need proof? Take a look at Jerry’s success story below.*Subject to responsible lending checks and criteria Jerry’s Story: Why Loan Direct Was the Smarter Choice Jerry, a homeowner from Auckland, needed $20,000 for some minor renovations on his house. When he went to his bank to explore his options, he ran into roadblocks—mortgage top-ups would take over a week, and even applying for a personal loan would require days of back-and-forth.Jerry didn’t have that kind of time. After learning about Loan Direct’s fast approval times, he submitted an application. Within hours, the Loan Direct team got in touch with Jerry, and after understanding his needs, they secured an approval for an unsecured loan of up to $75,000.Anticipating that renovation costs can often exceed initial estimates, they encouraged Jerry to reassess his budget with his tradespeople.After further calculations, Jerry decided to borrow $50,000—enough to cover his current renovation plans with a safety net for unexpected costs. Thanks to Loan Direct’s quick and smart solutions, Jerry was able to focus on his renovation without financial stress.This is just one example of how Loan Direct’s team delivers tailored solutions to meet our customers’ needs. Why Loan Direct is the Best Choice When selecting a lender, you want a partner that’s fast, reliable, and transparent. Here’s why Loan Direct is the smarter choice for your $50k loan:1. 100% Online ProcessSkip the paperwork and appointments. From application to signing your loan contract, everything is completed digitally. It’s fast and hassle-free.2. Fast ApprovalsWith Loan Direct, your application process is quick. Approvals are usually sorted within 1-2 hours*, and funds can even be paid out on the same day* if you apply early enough in the day.3. Flexibility to Meet Your NeedsBorrow up to $75,000 unsecured, perfect for projects like renovations or debt consolidation. This amount isn't available from every lender, with some capping it at $35,000 without security. Need more? Loan Direct also offers secured loans of up to $150,000, or more!4. Responsible LendingLoan Direct is a member of the Financial Services Federation and complies with responsible lending guidelines. This means we prioritise your financial well-being and ensure that the solutions we provide are in your best interests.5. Expert GuidanceWith over 15 years of experience in the lending market, Loan Direct’s team knows how to get the best deal for customers. They’re not just lenders—they’re advisors who take the time to understand your unique financial situation.*Subject to responsible lending criteria. Apply Today FAQ Can I get a $50k loan with bad credit?Getting a loan with bad credit is possible if you have enough regular income to cover your loan payments. We believe in second chances, so we might be able to help, even if you have a low credit score. However, we are likely to need security. Feel free to contact us today to discuss your situation and we will do our best to help. Can I get a $50k loan with no credit check?To ensure you are able to repay your loan, we will check your credit when you apply for a loan through Loan Direct. Our responsibility as a responsible lender means we want you to succeed financially. Even if you have bad credit, we can help you get a loan. We can work together to find a positive solution to your poor credit history by learning more about your financial situation and why it is so. Can I get a $50k loan immediately?Before we can arrange a loan, we conduct responsible lending checks, but this doesn’t take long. With Loan Direct, you can get a great deal on a loan within a few hours. What will my repayments be?A $50k loan could cost you as little as $215 per week (based on a 12.95% interest rate over a 7-year term). However, your actual interest rate may vary depending on your individual circumstances. To find out how much your loan payments would be, you can use our free online loan calculator. How much can I borrow?With Loan Direct you can borrow up to $75,000 unsecured, or $150,000 (sometimes even more) with a secured loan. Apply Today Try Our Loan calculator Excerpt: With Loan Direct, you can borrow $50k from just $215 per week!* ### Borrow $5k - Get a $5000 Loan From Just $45 Per Week! Life throws many challenges our way—unexpected bills, back-to-school shopping, or urgent car repairs. If you've found yourself wondering how you'll cover these kinds of costs, a $5,000 loan might be just the solution you need. With Loan Direct you can borrow $5k from just $45 per week!* A $5k loan can give you much-needed financial breathing room when budgets are tight, and expenses pile up. No matter what your financial needs are, a trusted loan provider like Loan Direct makes the process fast, hassle-free, and flexible. *Based on a 12.95% rate over a 3-year term.  What Can You Do With a $5k Loan? A $5,000 loan can serve various purposes, particularly for families or cash-strapped parents whose needs are time-sensitive or essential. Here’s some of the ways a $5k loan could make a big difference in your life.  1. Cover Back-to-School Costs Did you know the average cost of a school uniform for Kiwi kids is nearly $500? Back-to-school expenses for children transitioning into new schools can soar to $1,500-$2,000, including technology requirements, sports gear, stationery, school fees, activity fees and camp fees. If you're managing costs for multiple children, those numbers can quickly add up to $5,000 or more. A loan can provide peace of mind, ensuring your kids have what they need without straining your savings or increasing credit card debt. 2. Pay Off Unexpected Bills or Emergencies Life doesn’t wait for convenient moments to surprise us with expenses. From sudden vet needs to dental appointments or home repairs, having access to cash can mean the difference between panic and preparedness. A $5k loan ensures you can manage emergencies without delaying necessary care or services. 3. Consolidate Debts Juggling multiple loans or credit card payments with high interest rates? Combining them into a single debt consolidation loan can help you regain control of your finances while reducing monthly stress. With Loan Direct, approval is possible even for those with less-than-perfect credit, making debt consolidation one of the easiest ways to simplify repayments. 4. Holiday Loan or Christmas Loan Additionally, this amount of money can also make a significant difference at this time of year when food, entertainment, and present buying can put a strain on your budget. Why Loan Direct Is the Best Choice for $5000 Loans Finding the right loan provider is critical. With Loan Direct, you get access to a seamless, fast, and transparent borrowing experience tailored to your needs.Competitive interest rates: unsecured loans from just 11.95% Get what you need: borrow up to $75,000 unsecured, or $150,000 securedFast approval: we aim to get you loan approval within 1-2 hours*No pesky paperwork: Our 100% online process is convenient, secure and hassle-freeAs financial advisors registered with the Financial Services Federation (FSF), our team will find solutions that are in your best interest. Your financial well-being is a priority for us. The Financial Markets Authority issued Loansmart a Full Class 2 Financial Advice Provider Licence. *Subject to responsible lending checks and criteria How to Apply for a $5,000 Loan with Loan Direct Securing a loan with Loan Direct is simple and straight to the point. Here’s how to get started: Apply Online in 2 MinutesVisit the Loan Direct website and fill out our online loan application form. It’s quick, paperless, and easy to understand. You’ll Hear From UsOne of our friendly loan advisors will give you a call to follow up on your application and get some more details. Finding you a lenderWe get to work putting your application in front of our network of low-cost lenders to find you a great deal. Receive ApprovalAt Loan Direct, we don’t muck around. We aim to issue an approval decision in just 1-2 hours*. Access Your Funds If approved, we aim to have the money paid on the same day*. Depending on your bank, you may be able to access your funds that day or the next. *Subject to responsible lending checks and criteria Apply Today Try Our Loan calculator FAQ Can I get a $5k loan with bad credit?We can’t guarantee it, but if you have enough regular income to cover your loan payments, there’s a good chance you can get a loan with bad credit. At Loan Direct we believe in second chances, so even if your credit score is less-than-great, we may still be able to help you.Get in touch with us today to discuss your financial situation and we’ll do our best to help. Can I get a $5k loan with no credit check?When you apply for a loan through Loan Direct, we’ll do a credit check to make sure you’ll be able to make your loan repayments. We take our obligations as a responsible lender seriously, and we want you to succeed financially. If you have bad credit, don’t worry, that doesn’t mean you won’t get a loan. If we know about your financial situation and the reasons for any poor credit history, that helps us find a positive solution for you. Can I get a $5k loan immediately?Not quite, but almost! As a responsible lender, we do have to do our responsible lending checks before we arrange loans, but this doesn’t take long. With Loan Direct you only have to wait a few hours before you have a great deal on a loan from one of our low-cost lenders. What will my repayments be?That depends on how much you want to borrow and what your loan term is. You can use our free online loan calculator to work out what your loan payments would be. How much can I borrow?With Loan Direct you can borrow up to $75,000 unsecured, or $150,000 (sometimes even more) with a secured loan. Check out our blog on $50000 loans if you’re looking for this amount.  Apply Today Try Our Loan calculator Excerpt: A $5k loan can give you much-needed financial breathing room when budgets are tight, and expenses pile up. ### Borrow $75k - Get a $75k Loan From $319 Per Week! When faced with large expenses or financial challenges, a $75k loan can be a game-changing tool. We’re highlighting $75k because this is the maximum we can lend unsecured, but we also offer the flexibility to borrow lower amounts, like a $50k loan.Whether you’re looking to consolidate debt, make home upgrades, or tackle personal projects, accessing loans like these can provide the financial freedom to pursue your goals.With our flexible options, competitive rates, and expert advice, Loan Direct can arrange a $75,000 loan from just $319 per week!*We strive to provide personalised solutions that align with your financial goals and aspirations, empowering you to achieve your dreams with peace of mind.*Based on a 12.95% interest rate over a 7-year term. What Can You Do with a $75k Loan? A loan of this size offers endless possibilities to improve your financial stability or quality of life. Here are some common ways borrowers choose to leverage this opportunity: 1. Buy a New Car Whether you’re upgrading to a family SUV or buying an eco-friendly hybrid, a $75,000 loan lets you finance the vehicle you need without using all your savings. With flexible repayment terms from Loan Direct, you can easily spread out the cost to fit within your budget. 2. Major Home Renovations Looking to add value to your home or finally build your dream kitchen? A $75k or $70k loan is ideal for large-scale home improvements, from adding extra rooms to installing energy-efficient upgrades like solar panels. Beyond enhancing your living experience, these projects can often increase the long-term value of your home. 3. Debt Consolidation Debt consolidation is one of the smartest ways to use a $75k loan. Consolidating multiple high-interest debts into a single, more manageable loan can help reduce your monthly repayments and save you money over time. Here’s a real life example from one of our clients: Shaun was juggling a significant $33,000 loan at an overwhelming interest rate. Despite working full-time with a solid income, Shaun was living paycheck to paycheck due to his weekly loan payments of $1,100.Loan Direct stepped in with a simple solution. We helped Shaun consolidate his debt into a new $43,000 loan with a significantly lower interest rate.Not only did this cover his existing balance, but it also gave him funds to clear other financial obligations.Best of all, his new weekly payment was only $260—a staggering $840 less per week, giving Shaun breathing room to live comfortably.Debt consolidation isn’t just about saving money—it’s about reclaiming control over your finances. How to Get a $75k Loan Applying for a loan with Loan Direct couldn’t be easier. Whether you need funds for personal projects or consolidating debt, we offer fast, straightforward solutions tailored to your needs.With Loan Direct, you can borrow up to $75k without requiring any collateral. An unsecured loan is perfect for those who want flexibility and freedom in how they use their funds.If $75,000 isn’t enough to cover your goals, Loan Direct also offers secured loans for amounts up to $150,000, sometimes even more. Collateral (such as a vehicle or property) is required, but the trade-off is an even lower interest rate to save you more in the long run. Why Choose Loan Direct? When it comes to borrowing, Loan Direct stands out for its speed, affordability, and customer care. Here’s why we’re the preferred choice for so many borrowers: Competitive Rates Rates as low as 11.95% for unsecured loans and 9.95% for secured loans mean you’ll save more in interest over time. Fast Approval Apply online in just 2 minutes and receive approval within 1–2 hours*. Once approved, you could have your funds the very same day!* Hassle-Free Process No need for tedious paperwork or endless bureaucracy. Our streamlined online application makes getting a loan simple and stress-free. Dedicated Support Team Unsure about your options? Our expert loan advisors are here to guide you every step of the way. We work hard to secure the best deal tailored to your needs. Flexible Repayment Plans Spread your payments over 6 to 84 months, giving you the financial freedom to budget effectively. Advice You Can Trust At Loan Direct, we understand how important trust is in financial matters. That’s why we abide by strict responsible lending practices and operate transparently to ensure you feel confident in your borrowing decision.As registered financial advisors registered with the Financial Services Federation (FSF), our team will find solutions that are in your best interest. Our focus is on the financial well-being of our clients. We have been granted a full class 2 Financial Advice Provider Licence by the Financial Markets Authority. Get it Sorted! Apply Now FAQ Can I get a $75k loan with bad credit?There’s a good chance you can get a loan with bad credit if you have enough regular income to cover your loan payments. We believe in second chances, so even if you have a low credit score, we might still be able to help. However, you will likely need security. Don’t hesitate to contact us today to talk about your situation and we’ll do our best to help. Can I get a $75k loan with no credit check?If you apply for a loan through Loan Direct, we will check your credit to make sure you can repay your loan. Our obligations as a responsible lender means we want you to succeed financially. Even if you have bad credit, that doesn’t mean you won’t get a loan. By learning about your financial situation and the reasons for your poor credit history, we can come up with a positive solution. Can I get a $75k loan immediately?We have to conduct responsible lending checks before arranging loans, but this doesn’t take long. With Loan Direct, you can secure a great deal on a loan within a few hours. What will my repayments be?A $75k loan could cost you as little as $319 per week (based on a 12.95% interest rate over a 7-year term). However, your actual interest rate may vary depending on your individual circumstances. To find out how much your loan payments would be, you can use our free online loan calculator. How much can I borrow?With Loan Direct you can borrow up to $75,000 unsecured, or $150,000 (sometimes even more) with a secured loan. Need a smaller amount? Check out our $5000 loan offer.  Excerpt: We strive to provide personalised solutions that align with your financial goals and aspirations... ### Sort Your Finances Out For Christmas Christmas Loans Borrow money for Xmas and consolidate existing debtKiwis love celebrating Christmas with their loved ones, but rising costs can put a strain on their finances.There's a lot to spend money on over the holidays, and keeping up with debt repayments often gets put on the back burner.Over 450,000 New Zealanders are behind on their credit payments, according to latest data from Centrix.Centrix's Managing Director, Keith McLaughlin, says this is up 3.5% from last year.“We expect arrears to rise over the summer period, in-line with forthcoming festive spending and wider seasonal trends.” It really does cost more to celebrate Christmas There's no doubt about it - Christmas costs have increased dramatically in recent years.Buying gifts, hosting parties, and attending events can overwhelm and strain people financially.According to one survey, households spend an average of $1500 during the festive season.The classic tradition of celebrating with food has gotten more expensive for families. While food prices aren’t increasing as much as they were, the cost of food was still 18% higher in July 2024 than in 2023.With the holidays being so expensive, the demand for credit rose by 8% before Christmas in 2023, with many using credit cards and buy-now-pay-later options.As unemployment rises and more people struggle to make ends meet, this trend is likely to continue.Additionally, many businesses close over Christmas and New Year, leaving new employees without income.After Christmas, parents also face significant back-to-school expenses, especially if their children are starting a new school. Reduce the amount you repay on your debt With Christmas being so expensive, it's no wonder households don't have much left over to cover loan payments or bills.The thing is, don't let these slip away from you. You can harm your credit score if you miss a few payments and fall behind.One alternative could be a debt consolidation loan from Loan Direct. This is where we take your existing loans and combine them into a new loan at a lower interest rate.Some of our clients save hundreds of dollars each week this way. It’s so easy - you simply apply using our quick 2-minute online application form, and we’ll do the rest.Within 1-2 hours*, we'll get back to you with some options and you can choose the one that suits you best.*Subject to responsible lending checks and criteria How do we do it? As a loan broker, we shop your loan application around to multiple low-cost lenders so you get the best deal.Having more lenders gives you more chances of getting approved!We can likely help you save money on your loan repayments with rates starting at just 9.95%.Our goal is to make your repayments affordable. That's why we can spread your payments out over a longer period of time - up to 7 years! - to make sure you'll still have money left over.Our goal at Loan Direct is to help our customers succeed, so we make getting on top of their finances super easy.Find out how we can help you, too, by getting in touch with our friendly team! Apply Now Excerpt: Kiwis love celebrating Christmas with their loved ones, but rising costs can put a strain on their finances... ### Could Debt Consolidation Help Increase Your Disposable Income? Families on regular incomes are doing it tough right now.This is no secret, with media reports frequently highlighting the financial distress many people are experiencing.A recent report compiled for Kore Hiakai Zero Hunger Collective shows that families in Auckland earning the median wage are, on average, more than $40 worse off per week than they were in 2023.The report shows that for an Auckland family consisting of 2 parents and 2 kids, about 40% of their income will go on housing, and another 30% on food.That doesn’t leave much room for everything else!When you add in other essential costs like health, insurance, education and transport, you can see why it’s so hard to make ends meet. The role of debt in taking up your disposable income As if taking care of the bare essentials wasn’t difficult enough, throw in a few loan repayments and it can seem like there’s just no way you can get on top of it all.Many Kiwis are paying far too much in interest on their loans, which makes them unaffordable.More than 450,000 people are behind on their credit payments, which shows you that the problem is relatively widespread.During times like this, when finances are extremely tight, it can be easy to put loan repayments on the back burner while you take care of more essential things, like buying food and paying rent.But it’s important not to neglect your obligations, as the consequences of falling behind can be catastrophic for your credit score, and therefore your ability to take out credit in the future. How to reduce your loan repayments At this time of year, with Christmas just on the horizon, the last thing you need is to be stressed about meeting your loan repayments.Instead of skimping on life’s essentials, a much better way to get on top of debt is to structure your loans so you pay less in interest.The best way to do this is with a debt consolidation loan.A debt consolidation loan with Loan Direct combines all of your debt into one low-cost loan. Payments are easier and interest rates can be lowered.If you do this, you can simplify your finances and make life a bit easier since you'll only have one monthly payment to handle instead of multiple payments.It's easier to plan your monthly budget when this loan has a set rate and repayment schedule. The importance of the right loan structure If you opt for a loan with a shorter repayment term, your monthly or weekly payments will be higher. While this approach can reduce the total interest paid over the life of the loan, it can also lead to financial strain and increase the risk of missed payments. Missing payments can damage your credit score, affecting future borrowing options and interest rates. This is why when you apply for a debt consolidation loan through Loan Direct, we work with you to find a loan structure that works for you. By spreading your repayments out over a longer period of time, we can help you free up some income to spend on other things. Here’s an example from one of our clients: Shaun had a large $33,000 loan at a high interest rate, and he was paying so much in repayments that he couldn’t afford to live well. Loan Direct was able to pay off his loan, plus arrange an extra $10,000 cash to help him tie up some loose ends. The new $43,000 loan had a low interest rate of 18.45%, a lot less than he was paying before. His new weekly loan repayments were $260, a whopping $840 less than he was paying previously! At Loan Direct, we love helping people like Shaun enjoy their lives more by reducing their loan repayments. If you want to pay less for your loans and free up more disposable income, get in touch with our friendly team today for a free chat about your financial situation. Apply Now Excerpt: Families on regular incomes are doing it tough right now... ### Low Interest Car Loans When it comes to financing a vehicle, you want the lowest interest rate possible. Low-interest car loans can be an attractive option if you’re looking to save money over the life of your loan.Low-interest loans are the best car loans to look for because you pay less for the loan.Keep reading to learn more about low-interest car loans, including how they work, why interest rates are important, and how to apply for one. What are Low Interest Car Loans? Low-interest car loans are auto loans that have a lower interest rate, designed to help consumers acquire new or used vehicles at a lower cost.The interest rate on a car loan can significantly impact the total cost of the vehicle, affecting monthly payments and your overall financial commitment. Lower interest rates mean less money paid in interest over time, allowing more of your budget to go towards the principal amount—essentially helping buyers save money.With Loan Direct, you can get a car loan from just 9.95%! This is significantly lower than the starting rates from the "big four" banks (BNZ, ANZ, ASB and Westpac), which offer loans starting from between 12.90% to 13.90%.You can also get higher loan amounts with Loan Direct - our unsecured loans have limits of $75,000, and with our secured loans you can get up to $150,000! Other lenders have limits of $30,000 to $50,000.With Loan Direct, you can do more! How To Get a Low Interest Car Loan The interest rate you are offered when you apply for a loan is highly influenced by your credit score, which is essentially a rating of your creditworthiness.If you have made regular loan and bill payments on time and in full, your credit score will likely be good, and therefore you have a better chance of getting a lower interest rate.On the other hand, if you've had trouble paying back loans or making bill payments on time, your credit score might not be so good. In this case, you could be offered a higher interest rate, reflecting the increased risk to the lender.Even if you have bad credit, that doesn't mean you have to settle for a high-cost loan - if you have enough regular income, there's a good chance we can get a positive outcome for you.No matter what your credit score is, by comparing offers from low-cost lenders, you can still get yourself a great deal.The best way to do this is using a loan broker service, such as Loan Direct. When you apply for a loan through us, we put your application in front of multiple low-cost lenders to get you the best deal. Secured and Unsecured Car Loans Another factor that influences interest rates on car loans is whether the loan is secured or unsecured. Secured Car Loans A secured car loan is when the vehicle itself is used as security against the loan.This means if you fail to repay the loan, the car can be taken back, reducing some of the risk to the lender.The benefit of this type of loan is that you can often get a lower interest rate with a secured loan.One of the main drawbacks, however, is that the process of obtaining a secured car loan takes longer than with an unsecured loan. There can also be more conditions attached to the loan, such as the car needing to be a certain age.With a secured loan through Loan Direct, you can borrow up to $150,000. Unsecured Car Loans Unsecured loans - the most common type of loan Loan Direct provides - is when you are simply given cash to spend as you please.Because there's no security, you can go out and buy whatever car you like!It's great to have this freedom, but unsecured car loans tend to have slightly higher interest rates when compared with secured loans.At Loan Direct you can borrow up to $75,000 unsecured. Where to Get a Low Interest Car Loan Finding a low-interest car loan can be a straightforward process when you know where to look. There are various lending sources available, each with their own pros and cons. Credit Unions Credit unions often offer competitive interest rates compared to traditional banks. Being member-owned, credit unions prioritise the financial well-being of their members over profits, which can help you secure a lower interest rate.However, you’ll need to become a member of the credit union, which might require meeting certain eligibility requirements. Banks When seeking a personal loan, banks are a common choice, but they can have higher initial interest rates than some budget-friendly lenders. Not all banks tailor their interest rates to the borrower, so you could end up paying more than you need.Additionally, banks generally impose strict criteria for loan approval. Those with a less-than-ideal credit history may encounter difficulties securing a loan through a bank. In contrast, finance companies and online lenders often exhibit more leniency in their lending decisions and may be willing to extend loans to individuals with challenging credit histories. Online Lenders The rise of online lenders has transformed the way people secure loans. Online providers can offer competitive rates because they have lower overhead costs. Many of these lenders provide a quick and easy application process, often allowing you to receive your funds in less than 24 hours.However, it's crucial to conduct thorough research and review feedback to confirm that they are reliable and credible. Why Using a Loan Broker is Best Loan Direct is an online loan broker that merges fast lending with competitive interest rates to deliver a borrowing experience that is second-to-none.Utilising a loan broker is much better than making multiple loan applications yourself, as each application you make is recorded against your credit score.If you make a few loan applications in a short period of time, your credit score could take a hit. If your credit score is already on the low side, that's the last thing you need!With Loan Direct, you just have to complete one simple online application form and you're good to go.We make your loan affordable by structuring it to suit your circumstances. With the option of a loan term from 6 months to 7 years, we make it easy to meet your loan repayments.We're also fast thanks to our 100% online process! After you complete our super easy loan application form, we can usually get approval within 1-2 hours!*Find out more about why Loan Direct is your first choice for fast, easy loans at great rates.*Subject to responsible lending criteria. Get it Sorted! Apply Now Excerpt: When it comes to financing a vehicle, you want the lowest interest rate possible... ### Pre Approved Car Loans When you're shopping for a car, having cash in your back pocket is a powerful thing. It gives you the freedom to buy any car you like, and gives you the ability to negotiate a better deal.But how can you get these benefits with a vehicle loan? Some lenders offer auto loan pre-approval, allowing you to secure financing before you even step foot in a car dealer or start browsing TradeMe.Keep reading to learn more about what pre-approved car loans are, their benefits, how to get one, and important considerations to keep in mind. What is a Pre-Approved Car Loan? A pre-approved car loan is a loan that a lender agrees to grant you based on your financial situation, credit history, and income, typically before you choose a vehicle. The lender assesses your creditworthiness and provides you with a lending limit and terms, allowing you to approach the car-buying process with a clear understanding of your financial capacity.It means when you start looking for a car, you know exactly how much you have to spend, which makes it much easier to find a suitable vehicle. How much can I borrow? When you get auto loan pre-approval from Loan Direct, you can borrow up to $75,000, with interest rates starting at 11.95%.Want to know what your repayments would be? Try our free online loan calculator to find out! The Difference Between Secured and Unsecured Car Loans There are two main types of car loan: unsecured and secured loans. Loan Direct’s pre-approved auto loans are unsecured, but what does this mean? Unsecured car loans An unsecured loan means the lender simply gives you an amount of cash to spend as you like, with no conditions attached. This flexibility allows you to shop around for the best deal on your preferred vehicle without being tied down to a specific model or dealer. You also have the advantage of negotiating like a cash buyer, which can often lead to better purchase terms.While interest rates are a bit more than for secured loans, the added freedom makes it worth it for many people. Secured car loans With a secured loan, the car itself is used as collateral against the loan. This offsets some of the risk to the lender because they can take back the car if you fail to repay the loan. You can also get lower interest rates with a secured car loan, reflecting the reduced risk to the lender.The downside of secured loans is that the car you want to buy needs to be approved by the lender before you buy it. This slows the process down and also removes your ability to negotiate as a cash buyer. You also get less freedom to choose your car. Benefits of Pre-Approval Getting pre-approval for a car loan offers numerous benefits that can significantly enhance your car-buying experience. Budget Clarity Knowing the amount you can borrow helps you set a realistic budget for your car purchase. This prevents overspending and allows you to narrow down your options effectively. It also alleviates some of the financial pressure associated with buying a car. With your financing settled ahead of time, you can focus on finding the perfect vehicle rather than stressing over how to pay for it. Enhanced Negotiation Power When you're armed with a pre-approved car loan, you approach the dealership or private seller with confidence. Since you have a clear idea of your budget, you can negotiate as a cash buyer, which often allows you to secure a better deal. By showing that you’re financially backed by a lender, sellers may be more willing to make concessions on price or offer additional incentives to finalise the sale. Streamlined Process When you find the right car, having a pre-approval speeds up the loan processing time. You won't have to wait for financing to be approved after you select a vehicle. Pre-approval can streamline the purchasing process by eliminating some of the complexities often involved in securing financing. When you find the right vehicle, you can act quickly because you already have your financing in place. This agility can be especially beneficial in competitive markets where desirable cars can sell quickly. Total Freedom Unlike some car loans, which require the vehicle to be approved before the lender will sign off on the purchase, with a pre-approved loan you can buy whatever car you want, from wherever you want! This means that you have the flexibility to explore a wider range of options, whether you’re considering a new vehicle from a dealership or a used car from a private seller. You won’t be restricted by a list of approved vehicles, giving you the freedom to find your dream vehicle. How to Get a Pre-Approved Car Loan With Loan Direct, getting pre-approved for a car loan couldn't be easier. We're all about speed, so we work lightning quick to get you sorted.To start, simply apply using our super quick loan application form - it takes just 2 minutes!We'll be in touch to get some more details from you and then we'll get to work finding you the best deal.Loan Direct is an online finance broker, which means we put your application in front of multiple lenders.More lenders means more chances of approval! It also means more competitive loan rates, as we use our extensive network of low-cost lenders to get you a better deal.This process also gives you better loan options, as you can choose the one that works best for you.We can usually arrange loan approval within 1-2 hours*, and payout the money the same day*.We're fast because our fully online process means no pesky paperwork to fill out. You don't even have to send in your bank statements - we review those via our secure online portal.By drawing on the latest technology and the expertise of an experienced lending team, we make it happen.*Subject to responsible lending criteria. Can I Get a Pre-Approved Car Loan with Bad Credit? If you have bad credit, it's possible that we can arrange a car loan for you. Bad credit is not a deal breaker for us, and Loan Direct works with customers who have poor credit history to get back on track.If you have regular income and can make your loan repayment as per the loan agreement, there's a good chance you could be approved for a loan.However, depending on your financial situation, a pre-approved car loan may not be right for you. Instead, a secured car loan may be the best option.To discuss your situation, get in touch with our friendly team to find out how we can help. Why Choose Loan Direct Loan Direct specialises in fast, simple loans, with highly competitive interest rates.We’ll take care of all the legwork for you, and together with our lending partners, we'll secure the best deal that fits your needs.Easy online application Flexible loan terms from 6 months to 7 years100% paperless processUnsecured loans from 11.95%* Secured loans from 9.95%Approval in just 1-2 hours*Same day payoutIn addition to vehicle loans, we specialise in personal loans, debt consolidation loans, emergency loans, home renovation loans, and much more!*Subject to responsible lending criteria apply now! ### Best Debt Consolidation Loans & Lenders If you're managing multiple debts, you probably already know it can be overwhelming trying to keep on top of it all. The pressure of juggling various repayment dates, interest rates, and financial obligations can lead to considerable stress and anxiety.Debt consolidation loans offer a practical solution, allowing you to combine several debts into a single payment. Not only can this simplify your financial life, but it may also help reduce your overall interest rates and save you money in the long run.When it comes to lenders who offer debt consolidation there are a lot of options out there, so how can you know which one is best?Keep reading to learn how to find the best debt consolidation loans and what to consider when choosing a lender. What is Debt Consolidation? Debt consolidation is when you wrap up all your high-interest debts into one single loan.It's a great way to make paying things back easier and can even help lower interest rates.By doing this, you can simplify your finances and make life a bit less hectic since you've only got one monthly payment to deal with instead of juggling a bunch of them.This new loan usually comes with a fixed interest rate and a set repayment schedule, making it way simpler to plan your monthly budget.What debts can you consolidate?Credit card balancesPersonal loansShort term or cash loansCar loansBuy-now-pay-later balancesOverdue bills and finesHire purchases Benefits of Debt Consolidation Simplified Payments: When you only have to worry about one monthly repayment instead of a bunch of due dates, it makes life a whole lot easier. It cuts down on the chances of missing a loan repayment, which can save you from those annoying late fees, higher interest rates, and piling on even more debt.Lower Interest Rates: A lot of people find that their overall interest rates drop when they decide to consolidate their debt, saving them money over the loan term.Improved Credit Score: When you start making regular payments on your consolidation loan, you're showing that you can handle credit responsibly, and that can really help boost your credit score!Stress Relief: Juggling a bunch of accounts and due dates can really stress you out. But with debt consolidation, you can lighten that load and just focus on paying off one loan, helping you get on track and feel better mentally.Lower Repayments: Combining short-term loans into one long-term loan often means lower monthly payments. How To Find The Best Debt Consolidation Loan Not all consolidation loans are the same, so it's really important to find a reputable low-cost lender if you want to get a good deal. Find a lender that pays your creditors directly This way, they’ll take care of settling your loans and handling all the back-and-forth for you. It can also help give your credit score a little lift and keep you from getting tempted to use those funds for something else. Loan Direct takes care of paying off your existing debts to make the whole process super easy for you. Make sure it will save you money There might be fees when you consolidate or if you pay your other debts off early, but your savings should be more than those costs since you’ll usually end up with a lower loan interest rate. Make sure to pick a lender that gives personalised rates so you won’t get hit with any sneaky extra charges! Loan Direct offers tailored rates to suit your situation, so you can be sure you're getting the best deal. Make sure you can borrow enough Ensure the lender can cover all your current debts since the amounts can differ. It’s a good idea to shop around for both secured and unsecured loan options. Typically, unsecured loans max out at around $30,000, but some lenders, like Loan Direct, can give you up to $75,000 without needing any collateral. Flexible repayment terms Ensure your repayment plan is affordable, allowing savings while keeping payments high enough to pay off debt quickly. Loan Direct offers repayment periods of up to 7 years and as short as 6 months, so your payments will be comfortable. How Much Could You Save? One of the main drawcards of a debt consolidation loan is the significant cost savings. Because we can combine your debts into a new loan at a potentially better interest rate, your overall loan payments will be lower than before.Here's an example from one of our customers: Jarrod wanted to free up some of his disposable income, as he was paying $469 per week on his debts. We paid off all his debts and got him a debt consolidation loan with a weekly payment of just $235. That gave him $234 extra per week to use however he wanted!Tamara is another one of our customers. She desperately needed cash to repair her car but couldn't afford to pay cash to get the work done. She had several existing loans and couldn't afford any extra loan payments. We managed to get Tamara a debt consolidation loan and give her the cash she needed to fix her car. Her total loan payments were $100 less per week then before!Use our free online loan calculator to find out how much you could borrow. Choosing a Loan That's Best For You Debt consolidation loans are a great way to help people manage their debt and get their finances on track.Picking the best debt consolidation lender, like Loan Direct, can really help you get better rates and flexible terms that work for you.With our competitive interest rates and flexible repayment options, allowing you to borrow over a longer period of time, our loans are fair and affordable.Our simple online application process is so quick and easy - it takes just 2 minutes, and we can usually get approval within 1-2 hours*.Need to borrow a higher amount? We can help with that, too! Our secured loans allow you to borrow $150,000, and sometimes even more.If you have bad credit, that's not a deal breaker. We help people with no-so-great credit scores achieve financial success.Get in touch with our friendly team today to discuss your situation and find out how we can help. Apply Now! Excerpt: If you're managing multiple debts, you probably already know it can be overwhelming trying to keep on top of it all... ### Loans for Fair Credit If you’re searching for “instant loans for fair credit”, chances are you’re worried that your credit score isn’t too flash.There’s a perception that poor or even fair credit scores can limit your chances of getting a personal loan. Some fair-credit borrowers try to hide their credit score from lenders because they’re concerned about their chances of approval.The good news is you can get loans for fair credit scores with responsible lenders, so keep reading to learn about how to get one. The lowdown on credit scores Your credit score is basically a number that shows how good you are at handling money, based on your past credit activities.If you’ve ever borrowed money in New Zealand—whether it’s for a car, a credit card, or even paying a power bill—you’ve got a credit score.Credit agencies crunch the numbers using details from your financial history, like how well you’ve paid off loans, used credit cards, and settled bills.If your score is on the lower side, it usually means you’ve had a tough time keeping up with payments or you’ve got a lot of debt compared to how much you earn. This can make it a bit tricky to get loans or credit cards.Credit scores range from 0 to 1000, with 0 being the worst possible score, and 1000 being the best.According to Credit Simple, most people’s credit score falls between 300 and 850. A score of less than 300 is considered bad.A fair credit score is between 580 and 669, while a “good” credit score is between 670 and 739. How your credit score affects interest rates Generally, bad credit scores attract higher interest rates on loans. This is because from a lender’s perspective, a borrower with a poor credit score is more risky to lend to.But what if your credit score is fair rather than straight-up bad?A fair credit score reflects a history of things like missed payments, maxing out credit cards, or other credit issues, but it’s also a sign of potential.When assessing personal loans for fair credit, loan providers recognise that these borrowers are not outright risky; instead, they may have faced financial challenges that temporarily affected their score.Understanding where you stand can help you make more informed borrowing decisions.To find out your credit score, contact one of the three agencies in New Zealand that provide credit reports: Centrix, Equifax and illion. Improving your credit score The great thing about credit scores is they're not fixed. You can improve them!When you take out credit and make payments on time, or pay bills on time, your credit score goes up.Even if your credit score is poor, if you can make regular loan payments this will really help your situation. How to get loans for fair credit scores If your credit score is fair or you’d like to improve it, it’s important to find a lender that wants to help you succeed.Some lenders are motivated mainly by profit, but at Loan Direct we genuinely care about our customers and want to see them achieve their goals.We work with people with all credit scores - good and bad - and every day we help people with poor credit history find a great deal.How do we do this?We start by listening to our customers and understanding their financial situation. If they have a reasonable explanation for their financial difficulties and enough regular income to cover the loan repayments, there’s a good chance we’ll be able to get them approval.We understand that people make mistakes, and we believe that people deserve a second chance. That’s why we go in to bat for people with bad credit history. How much can you borrow? With Loan Direct, our unsecured loans offer limits of up to $75,000.The benefit of an unsecured loan is you don't have to provide any collateral to secure against the loan.Sometimes we help people with fair credit history get secured loans instead, which helps offset some of the risk to the lender.Our secured loans allow you to potentially borrow more, up to $150,000.Find out how much you could borrow with our free loan calculator. The advantage of using a loan broker Loan Direct is a Finance Broker and our job is to find the best affordable loans for you based on your financial situation.We use our network of low-cost lenders to find our customers the best deal with competitive interest rates.With just one online application, you can have access to multiple lenders. Our application takes just a couple of minutes, and more lenders means more chances of approval!This is also important because making multiple loan applications in a short period of time can negatively impact your credit score. With Loan Direct, you only have to fill out one short online application form.We can usually get approval within 1-2 hours*, and loan payout the same day or next, depending on the time of day you apply.*Subject to responsible lending criteria. Personalised solutions Loan Direct provides access to lending that's tailored to you.Personal loansUnsecured car loansDebt consolidation loansWedding loansHome renovation loansFast cash loansWe offer personalised rates tailored to your situation, so you always get the best deal for you.That's our advantage compared with traditional lenders, like banks: we have the ability to offer personalised solutions, not a one-size-fits-all approach that may leave you paying more than you need to.We also offer flexible loan terms and other loan options to make monthly repayments more affordable. With a minimum loan term of 6 months and a maximum loan term of 7 years, we can structure your loan to ensure you can make the monthly repayments comfortably.Get in touch with our friendly team today to find out more about how we can help.*Subject to responsible lending criteria. Apply Now! Excerpt: If you’re searching for “instant loans for fair credit”, chances are you’re worried that your credit score isn’t too flash... ### Loans for Good Credit If you’re on top of your finances and you’ve got a good credit score, congratulations! You may be eligible for personal loans for good credit, which usually offer lower interest rates than for those with fair credit scores.Having a good credit score is a wonderful achievement: you have paid your loan repayments on time, you take care of your bills promptly, and you don’t have too much existing debt.A good credit score opens you up to getting a better deal when it comes to getting a loan.This is because you’re seen as less risky to some lenders, so they’re more confident in offering you a lower interest rate.We say “some” lenders, because not all offer personalised rates based on your credit score.Keep reading to learn more about why you may get a better deal on loans for good credit from an online loan broker compared with a traditional lender, like a bank. Why credit scores matter Your credit score is a number between 1 and 1000, which helps lenders make decisions about offering you a line of credit.It’s not just loan companies that use them - utility companies also look at your credit when you take out a power or phone plan.Your credit score is influenced by your past credit history. So, if you pay your bills and make loan payments on time, your credit is likely to be good.However, if you miss your monthly repayments, or you’re late paying your bills, your credit score will take a hit.There are other factors that make up your credit score, such as how long you’ve had credit accounts, the total amount of money you owe, and how many times recently you have asked for a new line of credit. What is a good credit score? There are three providers of credit checks in New Zealand: Equifax, Centrix and illion.The precise definition of a “good” credit score varies depending on which credit check company you’re dealing with.Each company has slightly different ways of calculating credit scores. Band illion Centrix Equifax What this means Excellent 800 - 1000 893 - 1000 800 - 850 Those with a score in this range are considered low-risk borrowers and might have an easier time getting a loan or credit card. Very Good 700 - 799 825 - 892 740 - 799 Have demonstrated positive credit behaviour and should be eligible for most lines of credit. Good 500 - 699 706 - 824 670 - 739 Nothing significantly negative in your credit report, so still considered relatively low-risk. Should be eligible for credit. Fair 300 - 499 496 - 705 580 - 669 Seen as riskier for lenders, you might still be able to get credit but there may be conditions attached. Poor 1 - 299 1 - 496 300 - 579 There may have been significant issues in your credit history, meaning lenders will be cautious about lending. However, this score can be improved with good credit behaviour. If your credit score is poor, don’t worry, this doesn’t mean you can’t get credit. It just means your interest rate may be a bit higher, reflecting the added risk, or there might be other conditions attached to your loan.Loan Direct works with people who have bad credit history, helping them rebuild their credit scores so they can enjoy the freedom that comes with an improved credit score. Does a good credit score mean a better interest rate? If your credit score is good it means you’ve been diligent in paying your bills and loan repayments on time, and lenders can be more confident that you’ll do the same with future lines of credit.However, this doesn’t necessarily mean you’ll get a better interest rate, but it depends on the lender.It's generally more expensive to borrow from a bank, who tend to take a one-size-fits-all approach to lending. For example, BNZ, ANZ, ASB and Westpac charge between 12.90% and 13.95% for personal loans (as at August 2024).Loan Direct’s rates start from just 9.95%.We can do better because we believe good credit behaviour should be rewarded. By offering personalised rates tailored to you, with Loan Direct you can get a better deal. How do we do it? Loan Direct is an online loan broker, which means we don’t lend you money directly: instead, we put your loan application in front of multiple low-cost lenders.More lenders means more chances of approval! It also gives you much more choice.After we’ve presented your application to our lenders, we come back to you with options and you pick the deal that’s best for you.Not only do you get the low rate you deserve, but you only have to make one application.This is important because making multiple loan applications in a short period of time can harm your credit score.By just making one, your good credit score will be preserved.With Loan Direct, you can borrow up to $75,000 unsecured, or $150,000 secured.We take the hassle out of borrowing, making the whole process super easy so you can just sit back and let us do the hard work for you. Apply Now! Is 700 a good credit score in NZ? A credit score of 700 is generally considered a very good score in New Zealand, depending on which credit reporting agency you’re looking at:illion: 700 falls into the Very Good range (700–799)Centrix: 700 is at the lower end of the Good range (706–824)Equifax: 700 sits within the Good range (670–739)This means you’re seen as a relatively low-risk borrower. You’ve likely demonstrated positive credit behaviour, and in most cases, you should be eligible for credit with favourable terms. Keep up the good habits and you may move into the Very Good or Excellent range over time. How does my credit score affect my personal loan application? Your credit score plays a significant role in determining the interest rates and terms offered by lenders. Higher credit scores generally lead to lower interest rates and better loan terms, while lower scores may result in higher rates and fewer options. How can I improve my chances of getting a better interest rate? To improve your chances of securing a better interest rate, focus on boosting your credit score by paying bills on time, reducing debt, and avoiding getting credit checks too often. Did you know that every time to apply for a new utility account (like a phone or power plan), a credit check is done on you? Having multiple credit checks in a short period of time can harm your credit score, so avoid this if you can. How long does it take to get approved for a personal loan? The approval process can vary depending on the lender. Some online lenders, such as Loan Direct, offer fast approvals—often within the same day*—while traditional bank loans may take longer. While Loan Direct doesn’t offer instant cash loans (no reputable lender does), we can provide same day loans subject to responsible lending checks.  How much is a $20,000 loan for 5 years?If you have a good credit score, your weekly repayments on a $20,000 loan over 5 years could be $111. This is an example based on 12.95% annual interest rate. The actual rate you qualify could be more or less depending on your financial situation.  Excerpt: If you’re on top of your finances and you’ve got a good credit score, congratulations! ### Fast Cash Lending Your Guide to Fast Approval Loans Need cash fast? Frustrated with how long it takes to get a loan approved through a bank? Don’t want to pay high interest rates?We hear you. When you have a financial emergency, you don’t want to be kept waiting for a week just to find out whether you can borrow money.What’s more, some lenders take advantage of people needing quick cash loans by charging massive interest rates.Fortunately, there are lenders out there who offer the best of both worlds: fast loans at low cost.This article outlines what you need to know about getting a fast-approval loan. Fast Cash Loans: What Are They? A fast cash loan is a type of short-term loan that is designed to provide borrowers with quick access to cash.Unlike traditional bank loans that may take several days or even weeks to process, fast cash loans are typically approved and funded within a matter of hours.This makes them an ideal option for those who need access to cash in a hurry. Finding a lender If you’re looking for a fast-approval loan, it’s important to choose your lender carefully.Try to avoid short-term lenders, who offer loans to cover you until your next payday.These types of loans often attract massive interest rates and fees if you don’t pay off the loan quickly.Instead, use an online loan broker who can approach multiple lenders on your behalf and get you the best deal.Loan Direct specialises in arranging quick loans that are also low-cost.Here’s an example that illustrates why fast loans are so important.We recently had a client who urgently needed funds to cremate her horse.As if her situation wasn’t difficult enough, the banks she applied with told her it would take at least a week for them to assess her application.She needed the funds sooner, so she approached us and we quickly arranged a loan that same day.Loan Direct doesn’t keep you waiting. We make borrowing super quick and easy because life is stressful enough without waiting days or even weeks to get the money you need. The faster way to get a loan How is Loan Direct so fast?It starts with our simple 2-minute application form. It’s so easy! You just give us a few key pieces of information and our savvy loan advisors will be in touch to get some more details.Depending on your situation, we can usually get loan approval within 1-2 hours*, and have the funds deposited into your account that same day*.The money should appear in your account that day or the next morning, depending on your bank.Loan Direct is fast because of our 100% online process.There’s no pesky paperwork to fill out or appointments to attend. Everything is done digitally from wherever you are.We do the running around so you don’t have to, and with our lending partners, we will find the right deal for you.*Subject to responsible lending criteria. The loan broker advantage Using a loan broker like Loan Direct gives you a massive boost when applying for a loan.By putting your application in front of multiple low-cost lenders, you have a higher chance of getting approval.Also, your credit score won’t be harmed by making multiple applications.Did you know that if you make multiple loan applications in a short period of time your credit score can go down?Using a loan broker avoids this. With a single application you get access to our network of top quality lenders. How to get a fast approval loan with bad credit Bad credit isn’t a deal breaker for us.In many cases, we are able to help people with bad credit get access to funds.Loan Direct can help you access an affordable loan with lower interest rates and fair conditions.To help you meet your repayment obligations on time, we arrange loans that are reasonable and structured to meet your needs.Having the ability to comfortably meet your repayment obligations will help you improve your credit score.We take the time to understand your financial situation so we can help you find the right solution.For example, if affordability is an issue, we can arrange a loan over a longer period to make the payments lower.We only use low-cost lenders so we can also offer lower interest rates to make your loan more affordable. How much can you borrow? If you want a fast approval loan, an unsecured loan is the best way to achieve this.Unsecured loans mean there is no security attached to the loan, making the approval process much faster.With Loan Direct, you can borrow up to $75,000 unsecured.Alternatively, with a secured loan, you can borrow up to $150,000, but the process takes longer because the asset that you’re using as security needs to be valued.Use our free online calculator to find out what your repayments would be. Contact our friendly loan advisors Excerpt: Need cash fast? Frustrated with how long it takes to get a loan approved through a bank? Don’t want to pay high interest rates? ### Low Interest Personal Loans What You Need to Know About Low Rate Personal Loans When looking for a personal loan, it's important to find one with the lowest interest rate available. This reduces your loan repayments, making it more affordable for you. However, with many different options and loan providers available, it can be challenging to figure out where to begin.Keep reading for information on low-interest personal loans and how to get one. Before making a decision, consider all your options. Here are some reasons why short-term loans can be problematic, and what to consider instead. What are low rate personal loans? A low-interest personal loan typically features a reduced interest rate when compared with other loan options.This results in lower interest charges throughout the loan term, meaning potential savings for you.Low-interest personal loans are commonly available from financial institutions like banks, credit unions, and online lenders. But that doesn’t necessarily mean they are cheaper than online lenders like Loansmart. More on this later.It is advisable to compare prices when shopping for loans, as some lenders offer better rates than others.If you have a good credit history, you are more likely to receive a low-interest rate. People with bad credit can still get a personal loan, but the lender may charge a higher interest rate because of the increased risk.Secured loans can also be cheaper than unsecured loans, as there’s less risk associated with them for the lender.You can use a low rate personal loan for whatever you need the extra cash for, whether it's for a new car, living expenses, medical expenses, or anything else you need. What loan providers offer low interest loans? Various lenders offer low rate personal loans, and the best provider for you will depend on your specific situation.BanksWhen looking for a personal loan, banks are a popular option, but they may have higher starting interest rates compared to some low-cost lenders.Furthermore, banks typically have strict requirements for loan approval. Individuals with a poor credit history may face challenges obtaining a bank loan.Finance companies and online lenders may have greater flexibility in lending decisions, including the possibility of offering loans to individuals with poor credit histories.Credit unionsLow-interest personal loans are offered by credit unions as well. Members frequently receive advantages from non-profit financial institutions, such as lower interest rates.Individuals can become members of a credit union by meeting specific eligibility requirements and opening a savings account.Online lendersOnline lenders also offer low-interest personal loans. However, not all offer low rates. Due to their lower overhead costs, these lenders typically have simplified application processes and can provide competitive rates.Before choosing an online lender, it is important to conduct research and read reviews to ensure they are reputable and trustworthy.Loan Direct is a trusted online loan provider that specialises in connecting Kiwis with fast, low-cost loans that help them reach their financial goals. What are the differences between online lenders and banks when it comes to personal loans? Borrowing from an online lender offers advantages like lower costs and increased flexibility.When comparing bank loans to personal loans, it is important to note that the starting interest rates for personal loans through the "big four" banks in New Zealand - BNZ, ANZ, ASB, and Westpac - range from 13.90% to 13.95%.In contrast, Loan Direct has a starting rate of 9.95%. Online lenders also typically have more flexibility on the interest rates they can charge.Banks typically offer standardised interest rates to all customers, while online lenders provide personalised rates based on individual circumstances.Individuals with a high credit score and disposable income may incur higher costs when obtaining a loan through a bank.Online lenders, like Loan Direct, may also provide higher lending limits than traditional banks. Loan Direct offers higher loan amounts, up to $75,000 in unsecured loans, compared with banks, which typically offer up to $30,000.An additional $20,000 can provide significant benefits when renovating a home, buying a car, or consolidating debt.If you need to borrow more, secured loans are also available. A secured loan is when something you already own - like a car or a house - is put up as security against your loan, reducing the risk to the lender.Find out how much you could borrow with our online loan calculator. Benefits of using a loan broker Loan Direct is a loan broker, which means we put your application in front of multiple lenders to find the best deal for you.This method has the benefit of only needing only one application. Applying for multiple loans can potentially harm your credit score, so it is advisable to minimise the number of loan applications you submit.Customers can select the best option for their needs, and our team will take care of the rest to ensure a quick and easy process for obtaining the necessary funds with favourable terms.The best part about getting a loan online is there's no paperwork. We make the process so easy with our fully digital process, leaving you free to get on with your day while we do the hard work of finding you a great low-cost loan.Fast, friendly service is what you can expect from Loan Direct. You can count on us to find a great deal for you.Contact Loan Direct today for a free chat about how we can assist you. Why choose Loan Direct Loan Direct provides more than just personal loans. We also specialise in debt consolidation loans, so you can combine your existing debt into one new low-cost loan. Check out our guide on how to get the best debt consolidation loans. This is a great option because instead of making multiple loan payments, you make just one monthly repayment. You can also do weekly payments if that works better for you.Loan Direct also provides car finance loans, same day loans and bad credit loans.Loan Direct is passionate about helping you get on top of your personal finances. We offer a range of finance options to make it easy for you to achieve your goals. Contact our friendly loan advisors Excerpt: When looking for a personal loan, it's important to find one with the lowest interest rate available ### Short Term Loans What You Need to Know about Short Term Loans For people who need a bit of cash quickly, short-term loans are a good option. While this type of lending is controversial due to its risks, some still find it attractive.It is important to understand the drawbacks of borrowing from a lender that only allows you to repay the loan within 6 weeks if you need cash quickly. You may be better off with other options financially.Before making a decision, consider all your options. Here are some reasons why short-term loans can be problematic, and what to consider instead. What are short term loans? A short term loan is a type of unsecured loan or personal loan. "Short term loans" refer to loans taken out for a short period of time. Usually, it's for a small amount (less than $1000).Borrowers are expected to repay these loans within a few weeks, or when their next paycheck arrives. Using a short-term loan, you can pay for items you need today or pay cash up front for larger purchases.In addition to car repairs and overdue bills, short-term loans can also be used for living expenses, emergencies, and special treats.If you pay back the loan within a few weeks, the interest is manageable. Short-term loans can quickly cause problems for you financially because you pay more interest the longer you take to repay them. Short term loans should be avoided if money is already tight There is a good chance that you are already struggling financially if you are looking for a short-term loan. Ultimately, if you do not pay off a short-term loan in a timely manner, your financial situation can get much worse. The interest rate increases significantly after the initial loan term, which is usually just a few weeks. The high debt servicing costs make you even more indebted after that, resulting in a debt cycle where you cannot pay your bills.Many people who take out short-term loans find themselves in this situation. Before you take this route, contact Loan Direct. We help all sorts of borrowers and can find solutions for most.We will provide you with options based on your financial situation as soon as we have assessed it. You may opt to consolidate your existing loans into a one that’s more affordable, while borrowing extra cash. Contact our friendly loan advisors Advice that's right for you It's important to trust your finance company when you take out a loan. Loans should be taken out only when they are in your best interest, not the lender's.Is it possible to tell if they are acting in your best interests? Yes! Consider one that belongs to the Financial Services Federation (FSF).Loan Direct, through our parent company Loansmart, demonstrates its commitment to responsible lending practices by being a member of the Association.According to the FSF Code of Conduct, we must always act in the best interests of our clients. Learn more about our responsible lending practices Interest rates: What you need to know Interest rates are one of the reasons why short-term loans can be problematic for borrowers. Lenders charge interest to borrowers for borrowing money from them. Fees are calculated as a percentage of your loan amount.For someone with a good credit history, an interest rate of 12.95 per cent might be typical. The interest you would pay on a $500 loan would be just under $65 over a year.Short term loans typically have interest rates over 50%. These loans are considered high-cost loans. The interest on short-term loans is typically calculated per day since they are intended for very short loan periods.A daily rate of 0.25% to 0.80% might seem like a small amount, but when it comes to repaying a loan over time, the amount adds up quickly.The interest on a $500 loan over a four-week term, for example, would be almost $20. Paying it back over 12 months would cost you about $250 in interest and penalties.Short term loans with a minimum loan term of six months are available from Loan Direct. This is because we want to ensure that our customers can repay their loans comfortably.Paying off your loan over a longer period of time makes your repayments more affordable. This means you can improve your credit rating by making payments on time, and if you have a good credit rating, you should be able to get a better interest rate.Our short term loans come with a customised repayment schedule and rates depending on your situation. New rules targeting predatory lending Previously, the lending market in New Zealand was populated with many short term lenders. New laws targeting these lenders were introduced in 2021, which resulted in many of them leaving the market.With the new regulations, loans can only be charged a total of 100% in interest and fees, and compounding interest on high-cost loans is prohibited. We support this initiative as responsible lenders that protect people in financial hardship.It is true that some lenders, including high-cost lenders, have a profit-driven motive.By arranging smarter loans, Loan Direct helps clients through difficult times. There is a need for emergency loans In spite of Loan Direct's belief that short-term loans should be the very last resort, emergency loans are available to those who need money immediately. Sometimes, you need cash very quickly for an emergency.If you find yourself in that situation, we are here to provide caring financial assistance. At Loan Direct, we make it so easy! We provide fast loans direct to you, often paid the same day or the next*Simply complete our quick 3-minute online application form, and we'll be in touch for more information. Then, we'll put your loan application in front of 11 different lenders so you can choose the best deal.With smart solutions that meet your needs, we work hard to get you a fair deal. Short-term loans: are they right for you? There are also several other borrowing options available at Loan Direct that may be more suitable for your needs. Our debt consolidation loans are a popular option with people looking to reduce their monthly repayments. We also offer larger loans for amounts up to $150,000.With a secured loan, you can borrow larger amounts. Our process is very straightforward: after submitting the online application form, a member of our credit team will get in touch with you to go over the options with you.Understanding our clients allows us to provide them with the most appropriate borrowing solutions.You can get a free Loan Assessment and see how much money you could save by restructuring your loans to lower your interest rate or extend your repayment period. Get a free loan assessment Applying for a short-term loan With our easy online application process, you can apply for a short-term loan now.Rates range from 9.95 per cent to 35.50 per centLoans are available both secured and unsecuredIn most cases, we can get a decision on your loan within one dayThe funds for your loan are released on the same day that it is approved*If you wish, you may make additional paymentsFlexible lending criteria*Subject to responsible lending checks and lending criteria. Apply for a loan Loan repayment calculator Use our free personal loan calculator to see what your weekly payments could be!Your monthly income and existing levels of debt will determine what you could borrow.We will offer you a rate based on your financial situation. It is possible that you will pay more or less than the estimate provided here. Find out what your repayments would be The benefits of choosing Loan Direct Loan Direct is the right choice when you need a quick loan. No matter how much cash you need, our team is here to help.Even if you have bad credit, our team can find smart solutions to your financial difficulties with our bad credit loans. A minimum term of six months is required for all our loans, which begin at $2,000.The majority of our lending is unsecured, but sometimes we need to use a car or another asset as security. Contact us today for a free loan assessment.We can examine your financial situation and discuss some options with you free of charge.Knowing where you stand can help you make an informed decision. Get a FREE loan assessment Loan Direct loans let you do more In just three minutes, you can apply for a loan anywhere in New Zealand with Loan Direct.You can submit an online application at any time from any device. Applying online doesn't even require you to provide your bank account details. We can easily access that information through a secure link. You will receive your money the same day your application has been approved*.As long as you have a regular income and can afford your repayments, we should be able to offer you a solution. Upon receiving your application, a dedicated Loan Direct lending consultant will contact you.The repayment options we offer are flexible. Depending on when you get paid, you can make weekly, fortnightly, or monthly payments. Learn more about our loan process *Subject to responsible lending criteria. Short-Term Loans FAQ Is it possible to get a short-term loan without a credit check?In New Zealand, lenders must verify your ability to repay money before lending it to you. In order to determine whether or not you are capable of paying off your debt, lenders will run a credit check.It isn’t impossible to get a loan with bad credit, and you can improve your credit score if you are diligent about making payments on your loan.You don’t have to hide your credit score with Loan Direct. Our fast, fair, affordable loans have helped thousands of borrowers regardless of their credit history.With Loan Direct, people with poor credit histories can get bad credit and second chance loans. Is it possible to get a loan in one hour?Before lending you money, lenders need to do some checks, so there are no “1-hour loans” or “instant loans.” Through Loan Direct, it is possible to get a same-day loan.With Loan Direct, you won’t have to wait. After you complete our 3-minute application, we will contact you to discuss your application. Once you’ve chosen the best deal, we’ll transfer the money to your account.If the contract is completed online and any additional steps are taken before the end of the day, cash can be paid the same day. Depending on your bank, it may arrive the same day or the next morning.Find out more about Loan Direct’s emergency loans. Are short-term loans guaranteed to be approved?A responsible loan broker ensures you can afford a loan before arranging it.The most important thing to us is that people achieve financial success and freedom and that their credit ratings are not damaged by defaulting on their loans.Since we are proud members of the Financial Services Federation, we will always look out for your best interests when arranging loans for you. Is it possible to get a short-term loan without a bank statement?New Zealand consumer credit laws require lenders to conduct affordability checks before granting loans. Bank statements from the last three months are required when you apply for a loan through Loan Direct.Based on your income and expenses, we determine whether you can repay the loan. Find out how Loan Direct works. Excerpt: For people who need a bit of cash quickly, short-term loans are a good option. ### 7 Things you must know to improve your credit score Apply Now! Excerpt: Check out our handy infographic to learn about the 7 best ways to improve your credit score. ### Unsecured Personal Loans NZ In today's uncertain economic climate, many people in New Zealand may find themselves looking for "unsecured personal loans nz", meaning they are in need of additional financial support.Whether it be for unexpected vehicle repairs, home renovations, or debt consolidation, unsecured personal loans can provide a solution for those seeking a quick and convenient way to access funds without putting up collateral.In this article, we will explore the benefits of unsecured personal loans in New Zealand and how they can help individuals in need of financial assistance. What is an unsecured personal loan? An unsecured loan is a type of loan that does not require any collateral to secure the funds. This means that you don't have to put up any assets, such as your home or car, as security for the loan. Instead, the lender will assess your ability to repay the loan based on your income and financial history. How much can I borrow with an unsecured personal loan? At Loan Direct, our focus is on giving you access to affordable loans with lower interest rates and fair conditions.We offer unsecured personal loans of up to $50,000, with interest rates from as low as 9.95%*. Depending on your financial situation, we can offer secured loans up to $150,000.We strive to set you up for repayment success, not failure, so we’ll structure your loan to make sure it’s affordable for you.By spreading your repayments over a term from 6 months to 84 months, you can rest assured you will have some breathing room and won’t be placed under financial pressure. What Personal Loan Interest Rate Can I Get? If you’re looking for a personal loan, you want the lowest-cost loan, and that in part means the lowest interest rate. But what’s the best way to get a low-interest personal loan?There are so many options and lots of different loan providers out there, so it can be hard to know the best route to take.When you apply for a loan through Loan Direct, we scout different lenders to find you the best deal.One of the biggest advantages of this is you only have to make one loan application, but it gets put in front of multiple lenders. Making too many loan applications can hurt your credit score, so make as few as you can. The rate you're offered will depend on your financial situation. Our personalised interest rates start at 9.95%*. Is Taking Out A Personal Loan From A Bank Cheaper? Many people assume taking out a personal loan from a bank is cheaper than going to an online lender, but that's not always the case.Borrowing through a bank can actually be a more expensive option. At the time of writing (March 24), BNZ, ANZ, ASB and Westpac all offer personal loans starting at 12.90%-13.95%. Kiwibank is 19.95%. In contrast, Loansmart’s starting rate is 3-4%* lower than this.Bear in mind that interest rates aren’t the only thing to consider when looking at low-cost loans. Loan costs include repayment fees, establishment fees, and monthly service fees, so make sure to look at them too. How Quickly Can I Get An Unsecured Personal Loan? Loan Direct’s process is handled completely online so there is no drawn-out bank process or cumbersome paperwork. We offer fast unsecured loans approved the same day subject to responsible lending checks.We do need to assess your ability to repay your debt, and for this, we send you a secure link to access your bank statements online. This is done pretty quickly.Find out how much you could borrow with our personal loan calculator*Subject to responsible lending criteria. Benefits of low rate unsecured personal loans 1. Quick approval process Unsecured personal loans in New Zealand typically have a quick and easy application process, allowing borrowers to access funds when they need them most. This can be especially helpful for those facing unexpected expenses or emergencies that require immediate financial support. 2. Flexible use of funds Unlike some other types of loans that may have restrictions on how the funds can be used, unsecured personal loans in New Zealand offer flexibility in how the funds can be used.Whether it be for debt consolidation, home renovations, emergency loans, holiday loans, or any other personal need, borrowers have the freedom to use the funds as they see fit - so long as it’s legal! 3. No risk of losing assets One of the main advantages of unsecured personal loans is that there is no risk of losing your assets if you are unable to repay the loan. Since there is no collateral involved, you do not have to worry about losing your home or car if you fall behind on payments. This can provide peace of mind for borrowers who may be hesitant to put their assets at risk. Can I get an unsecured personal loan with bad credit? If you have a bad credit history, we may need security in order to give you the loan. However, it depends on your financial history and your circumstances. Bad credit loans are our specialty, and the best thing is they are low-cost loans too. So, if you’re wondering if you can get a personal loan with bad credit, get in touch with our friendly team today. There isn’t a lending situation we haven’t seen before, and we have solutions for most of them. A poor credit score can be caused by a wide range of reasons. Our goal is to understand why our clients have bad credit and give them a second chance.It is quite common for us to help people with poor credit lower their monthly repayments with debt consolidation loans. By combining all their debts, including overdue bills, into a single loan that is spread over a longer period of time, we are able to ease some of the pressure. As a result, they're more likely to make their payments on time and rebuild their credit score. Get a free loan assessment Why Choose Loan Direct Loan Direct is a lender with a difference. Our simple, direct lending process takes all the hassle out of getting a loan.As a finance broker, Loan Direct's goal is to find the best loan terms for you based on your circumstances. We do the legwork so you don't have to, and liaise directly with our lending partners.Loan Direct (through our parent company Loansmart) holds a Financial Advice Provider Licence from the Financial Markets Authority and is an associate member of the Financial Services Federation. This means you can trust us to provide you with reliable, impartial advice that is in your best interests. Apply Now! Excerpt: In today's uncertain economic climate, many people in New Zealand may find themselves looking for "unsecured personal loans nz" ### Quick Loans and Instant Loans: What You Need to Know If you’re searching for things like “quick loans no bank statements”, or “instant cash loans online no paperwork”, then it’s likely you need cash, fast, online, and without the hassles of printing or scanning paperwork.Sounds like a tall order, but not for Loan Direct.Here’s how we make it happen.With Loan Direct, everything is done online: simply provide us with a few key details and we can get the ball rolling.We send you a link to provide access to your bank statements online, and we assess your application from there - no printing or scanning!Then, we’ll put your loan application in front of a range of lenders to get you the best deal. It couldn’t be easier - or quicker!Our simple, direct lending process means there’s no need for you to take precious time to come visit us face-to-face.Let us give you the best of both worlds - fast loans and competitive interest rates, direct to you!So, what are the benefits of getting a loan online? Is an online loan better than going to a bank? While banks are often the first places people think of when they need a loan, there are some advantages to choosing an online loan through a loan broker, like Loan Direct.An online loan simply means everything is done online and there’s no need to visit a branch or fill in any paperwork to get your loan sorted.Loan Direct is an online loan broker, which means when you apply for a loan through us, we approach several different lenders with your application so you can get a better deal.These are some of the reasons an online loan can be better than going to a bank: Online Loans can work out cheaper A website review of personal loan rates from New Zealand’s largest banks found standard rates starting at 12.90%, compared with 9.95% with Loan Direct. Personalised interest rates Why is this important? The rates offered by banks for personal loans can be found online. Although some offer lower rates for students and homeowners, it's a pretty one-size-fits-all approach. If you have good credit and discretionary income, you may get a better deal by going direct to Loan Direct! You could borrow more online Most banks offer up to $30,000 in unsecured loans personal loans, but online lenders like Loan Direct can offer as much as $75,000 (Even more if you add a vehicle or property as collateral). You can make a big difference when you have an extra $20,000 when you're renovating, buying a car, or consolidating debt.  Can I get an Instant Loan online with no paperwork? People looking for instant loans can find fast solutions with Loan Direct.It's not possible to get an "instant loan” as such, but if you're looking for one, you probably need cash quickly.You can certainly get same-day loans, but any responsible lender will need to verify your ability to repay the loan before lending you money.Applying for a loan with Loan Direct is easy. Simply provide us with some basic information and we'll handle the rest.You will need to provide us with a photo ID and bank statements (Done in seconds online using a secure link we provide).When you apply online, you won't need to take time out of your busy schedule.Even better, our process has no paperwork! You can do it without paper documents from a smart phone or computer anywhere. So easy! Can I get a quick loan with no bank statements? If you're searching for 'quick loans no bank statements', either you don't want to submit paperwork or... you have something to hide.A responsible, low-cost lender, such as Loan Direct, will need to determine your ability to repay your debt. It is best to avoid the alternative if you don't want sharks circling. It's not a good idea to borrow money from lenders who won't do these checks. Doing so will end up costing you a lot more in the long run! Avoid the financial and mental stress at all costs.But here's the thing - we may be able to help you even if you're struggling to manage your money right now.Here’s how we do it.One way we help people reduce their loan repayments and increase their discretionary income is through debt consolidation loans. There are many people who can borrow extra cash at the same time, subject to responsible lending checks naturally. Lowering your repayments is possible by paying off your existing debts and taking out a lower-cost loan spread over a longer period of time. Let’s get your bank account looking healthy again! Fast approval, same-day loan Once we’ve got all the information we need from you, we can usually get approval within 1-2 hours.After that, we’ll arrange to have the funds deposited into your bank account the same day.Depending on your bank, and the time of day we get the approval, the funds may appear that day or overnight.The earlier in the day you apply, the better the chances of getting your funds that same day. FAQ's Can I get a loan without paperwork?We offer online loans 100% online – no paper work to print & scan or long forms. We use a secure link for bank statements to be sent to us in seconds online very simply. Is it possible to get a loan without submitting my bank statements?It is necessary for us to assess to your bank statements. The purpose of this is to determine your ability to repay the loan. It is important that your repayments are affordable.A secure link will be sent to you once you apply so you can submit your statements to us with no fuss – no printing, scanning or emailing. The process is quick, easy, and secure. Bank statements do not need to be emailed to us. What if I don't have much discretionary income?We make loan payments as affordable as possible at Loan Direct. We’ll look at all aspects of your borrowing situation. If you are struggling to repay your existing loans, we can help you consolidate them with a debt consolidation loan.We offer flexible repayment options and lower interest rates to make payments more affordable. Can I get a short-term loan from you?We offer loans with a minimum term of six months. For most borrowers, short-term loans aren’t the best option. Do you live paycheck to paycheck? By reducing your monthly loan repayments and giving you a top-up, we can make living more comfortable for you. Why would I need an instant loan?An instant loan is basically a personal loan, and you can use it for anything – unanticipated expenses, medical expenses, everyday expenses, travel expenses, vet payments – pretty much anything you need cash for fast. But that doesn’t mean they get approved instantly! It’s still subject to responsible lending checks. Are you able to provide unsecured loans?Most of our loans are unsecured, but if you have bad credit, you may need to put a car as collateral. What is the maximum amount I can borrow?It depends on what you can afford. Our loans start around $2,000 and go up to $50,000 unsecured and $150,000 secured, though we sometimes lend more. What will my repayments be?For an estimate of what your repayments will be, use our personal loan calculator. How much are your interest rates?Our interest rates start at 9.95%. However, if you have bad credit you’ll pay more than this. The most you’ll be charged is 35.50%. Apply Now! Excerpt: If you’re searching for things like “quick loans no bank statements”, or “instant cash loans online no paperwork” ### Secured Loans vs Unsecured Loans: The differences explained In New Zealand, when it comes to borrowing money, one of the key decisions you will need to make is whether to take out a secured loan or an unsecured loan. Each type of loan has its own advantages and disadvantages, so it's important to understand the differences between them before making a decision. What is a secured loan? Secured loans are backed by collateral, or security, such as your home or car, which reduces the lender 's risk in case you are unable to repay the loan. Because of this, secured loans typically have lower interest rates and higher borrowing limits compared to unsecured loans. However, if you default on a secured loan, the lender has the right to repossess the collateral to recoup their losses. Typical assets used as security Examples of things that can be used as collateral for a secured loan include your house, car, savings account, or other valuable assets. The value of the collateral will determine the amount you can borrow and the interest rate you will be charged. How much can I borrow with security? Loan Direct provides secured personal loans up to $150,000. In some cases we can lend more. The amount you can borrow will depend on your financial situation. What is an unsecured loan? Unsecured personal loans do not require any collateral, making them less risky for borrowers but more risky for lenders. Because of this higher risk, unsecured loans tend to have higher interest rates and lower borrowing limits compared to secured loans. However, if you default on an unsecured loan, the lender does not have any collateral to repossess. How much can I borrow without security? Loan Direct provides unsecured personal loans up to $75,000. The amount you can borrow will depend on your financial situation. This is in some cases up to $25,000 more than you can borrow from a bank. What Is A Secured Loan For Bad Credit? You may need a secured loan for bad credit - but not always. It depends on how poor your credit score is, and how much you want to borrow. Secured bad credit debt consolidation loans are more common. Since all existing debts are repaid, a new debt is often taken out over a longer period with lower interest rates, so repayments are less.Getting loans approved is easier when repayment amounts are lowered. Key differences between secured loans vs unsecured loans Risk for the borrower and lender With a secured loan, the borrower risks losing their collateral if they are unable to repay the loan, while the lender has a lower risk due to having security against the loan amount. On the other hand, unsecured loans do not require any collateral, making them less risky for borrowers but more risky for lenders. Interest rates and borrowing limits Secured loans typically have lower interest rates and higher borrowing limits compared to unsecured loans. This is because the lender has security against the loan amount with a secured loan, reducing their risk. Repayment terms Secured loans often have longer repayment terms compared to unsecured loans. This is because the lender may be more willing to offer a longer term for a secured loan due to the lower risk involved. Credit requirements Because secured loans have collateral, lenders may be more willing to offer them to borrowers with lower credit scores. Unsecured loans, on the other hand, may require higher credit scores or a stronger financial history in order to qualify. If you have bad credit and want to know if you will qualify for a low-interest unsecured loan, ask for a free loan assessment. What type of loans does Loan Direct offer? Loan Direct offers both unsecured and secured loans, but most of our lending is unsecured. This is because our focus is on a simple, direct lending process that allows our customers to get the cash they need quickly. Unsecured loans offer a big advantage in this way, as there is no need for us to assess collateral to estimate its value, which adds a lot of time to the loan approval process.However, there are instances where we are unable to offer unsecured loans. This includes when the borrower has a bad credit history or wants to borrow a large amount. In these cases, we may need some security in order to get the loan. Even if you have a bad credit score, we may be able to help, it just depends on your circumstances. Contact us for a free loan assessment Excerpt: In New Zealand, when it comes to borrowing money, one of the key decisions you will need to make is whether to take out a secured loan or an unsecured loan. ### The Good Guide to Bad Credit Personal Loans Are you in need of a loan but have been struggling with bad credit? In New Zealand, obtaining a loan with a less-than-perfect credit history can be challenging. However, there are options available for those with bad credit to still access the financial assistance they need. This guide outlines some of the key aspects of bad credit loans in NZ, including: Why your credit score might be better than you think How to get an online loan if you have bad credit Getting a personal loan if you have bad credit Is it possible to get guaranteed approval with bad credit? How to get an urgent loan with bad credit Secured loans for those with bad credit Understanding bad credit A credit score is a number that represents a person’s creditworthiness, based on their credit history. In New Zealand, anyone that has ever had credit of any kind - including things like hire purchases, car loans, a credit card, a power bill, or a mobile phone plan - will have a credit score. This score is usually calculated by credit agencies using information from past financial transactions, such as loan repayments, credit card usage, bill payments and other forms of debt. A low credit score indicates that the person may have had difficulty repaying debts in the past or currently has a high level of debt relative to their income. This can make it challenging for them to access traditional forms of credit, such as personal loans or credit cards. How a bad credit score affects loan applications Having a bad credit score can significantly impact a person’s ability to obtain a loan. Lenders typically use credit scores as one of the key factors in determining an applicant's creditworthiness. A low credit score may result in higher interest rates, stricter repayment terms, or even outright rejection of the loan application. There are, however, lenders in New Zealand, like Loan Direct, who specialise in providing bad credit loans to people with less-than-perfect credit histories. These lenders understand that past financial difficulties do not necessarily reflect an individual's current financial situation. By assessing the borrower's ability to repay the loan based on their current income and expenses, these lenders can offer more flexible terms and conditions compared to traditional lenders. Why using a loan broker is good for your credit score One thing many people don’t know about credit scores is that making a lot of loan applications in a short period of time can negatively impact your credit score. So, how can you shop around for a lender without affecting your credit score? This is where a loan broker like Loan Direct comes in. We take your application and put it in front of 11 different lenders. We then get you the best deal from those lenders, all from that single application. This way your credit score is not affected by your applying for multiple loans. Learn more about getting a Bad Credit Loan LEarn More Your credit score might not be as bad as you think People searching for “loans for bad credit history” may think that because they’ve had trouble paying back a loan in the past their credit score is forever tarnished. The truth is, it is possible to rebuild your credit score by making loan repayments and bill payments on time. Even if you have a less-than-perfect credit score, there may be positive aspects of your credit history that can help improve your chances of obtaining a loan. For example, if you have a strong payment history with certain creditors (companies you have credit with) or have successfully paid off previous loans, this can demonstrate to lenders that you are capable of managing debt responsibly. Additionally, lenders may take into consideration other factors such as your income, employment stability, and overall financial situation when evaluating your loan application. If you can show that you have a steady income and are in a stable financial position, this can help offset a lower credit score. Getting a bad credit personal loan At Loan Direct, having bad credit isn’t a dead end for us. With our loans, people with poor credit histories have the opportunity to access loans in a timely and affordable way. Our debt consolidation loans are one way we help people lower their loan repayments and reduce their financial pressure. Many people can borrow extra cash at the same time, subject to responsible lending checks naturally. We specialise in providing personal loans for bad credit, as this gives our customers the opportunity to rebuild their credit score while improving their financial situation. Bad credit loans online The best thing about using an online loan broker like Loan Direct is that everything is handled online. There’s no paperwork involved, meaning we can get approval faster, without all the hassle. Our online loan process couldn’t be simpler: simply give us a few details using our 3-minute application form, and we’ll get back to you to discuss your needs. We then assess your application and find the best options for you, and within 1-2 hours we’ll contact you to choose the best offer. We can usually have the funds in your account the next business day. Bad credit loans - guaranteed approval NZ-wide There’s no such thing as a “guaranteed approval bad credit loan”, as lenders need to do checks to make sure their lending is responsible. However, Loan Direct finds positive solutions for most of our customers. After you apply for a loan through us we work fast to find low-cost loans that work for you. We’ll take a look at your credit history and financial situation to see what you can afford, and then work to get you what you need without putting you under additional financial stress. So, while we can’t guarantee approval, we can guarantee that we’ll do everything we can to try and help you. Urgent Loans for Bad Credit Need money urgently but have a bad credit history? Loan Direct can help with that. Our loan consultants are highly experienced and look at your entire lending situation to try to find a better solution for you. If you have bad credit, it may take a little longer for us to find you a good deal, but there’s no lending situation we haven’t seen before. Loan Direct is able to find ideal solutions for the majority of our customers, even those with bad credit. We’ve been doing this for years and have processed thousands of applications, so we know our stuff. What’s more we are Financial Advisors and associate members of the Financial Services Federation, so we are the right people to talk to if you have bad credit. Secured Loans for Bad Credit If you have a bad credit score, you may need to provide security or collateral, in order to get your loan over the line (Read our article secured vs unsecured loans ). Depending on your situation, putting up some security - like a car, house or other asset - can help reduce some of the risk to the lender. This makes it more likely you’ll get approved for a loan. There are cases where we can approve unsecured loans for bad credit, but this depends on things like your income, the amount of debt you have, and your credit history. FAQ's Can I borrow money with bad credit?Yes! Having bad credit isn’t a deal breaker for Loan Direct. We’ve helped thousands of people access credit through our simple, online process, even those with bad credit. Your credit history may have positive aspects that can help you obtain a loan, even if you have a less-than-perfect credit score. Get in touch with our expert loan consultants for a free loan assessment. What is the interest rate on a bad credit loan?At Loan Direct, our interest rates start at 9.95%, but the actual rate we can offer you may be higher if you have a bad credit history. However, we want to see you thrive financially, so even if you have to pay a bit more in interest, we’ll make sure your loan repayments are affordable for you. What is a bad credit debt consolidation loan?In case you are struggling to meet your current loan payments, and need to borrow some extra cash, consolidating your current loans can help ease the financial strain. Your loan repayments will be lower if you spread them out over a longer period so you can manage your money better. Are bad credit loans secured or unsecured?Most of Loan Direct’s lending is unsecured, but we sometimes arrange secured loans for people who have bad credit, or who want to borrow large sums of money. There’s no hard and fast rule about this, it depends on your circumstances and your financial history How can I improve my credit score?Having a bad credit score can make it hard to get a loan, but the great news is you can improve it! One of the best ways to improve your credit score is to make loan and bill payments on time and in full. When you do this, a positive score goes on your report, so it gets stronger and stronger over time. This is called “positive credit reporting”. Be aware that some loan providers do not offer this, so your loan payments with them will not improve your credit score. Make sure you check this before taking out a loan. Loan Direct does positive credit reporting on all our loans, so by taking out a loan through us, you can improve your credit score. Do you guarantee approval for bad credit loans?As responsible lenders, Loan Direct does not guarantee approval for any loan. Our mission is to set our customers up for financial success, and taking on more debt may not be in the best interest of some who apply for a loan. However, we are able to find positive solutions for most of our customers. Apply Now! Excerpt: Are you in need of a loan but have been struggling with bad credit? ### Travel Loans Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Travel Loans Turn Your Dream Trip Into Reality With a Travel Loan Loan approval in just 1 - 2 hours* 100% online process - no pesky paperwork Simple online application Same day payout* Secured loans up to 150k Unsecured loans up to 75k Rates from 9.95%* *Subject to responsible lending checks and criteria What Is a Travel Loan? A travel loan, also known as a holiday loan, is a type of personal loan that covers travel expenses.These loans provide a lump sum amount that you can use to pay for a wide variety of costs, from airfare and hotels to excursions and meals.Unlike credit cards that often come with high interest rates, travel loans generally have lower rates and fixed repayment terms, making them a more predictable and manageable option for financing trips. Get it Sorted! Apply Now Things You Can Do with a Travel Loan Travel loans offer flexibility, allowing you to cover nearly every aspect of your adventure.Book Flights and Transportation: Long-distance travel can be pricey, especially during peak seasons. A travel loan can help you snag tickets early to save on costs and secure good deals.Stay in Comfortable Accommodation: With a travel loan, you can choose accommodation that suits your preferences without stretching your budget.Plan Activities and Experiences: Ever wanted to go on safari or take a cooking class in Italy? With a travel loan, you can pack your itinerary with unforgettable experiences.Cover Emergency Expenses: Travel loans provide extra financial flexibility to cover unexpected costs, such as canceled flights, medical emergencies, and lost luggage.Special Occasions: Planning a honeymoon, destination wedding, or family reunion abroad? A travel loan lets you focus on creating memories rather than worrying about finances. Get it Sorted! Apply Now Loan Direct How much can I borrow? With Loan Direct you can borrow up to $75,000 unsecured. This is the ideal way to fund that weekend getaway or long-term adventure. You simply get the cash with no conditions attached!Want to find out what your repayments would be? Try our free online loan calculator to find out. Try Our Loan calculator Loan Direct Why Loan Direct Is the Best Choice for Travel Loans When it comes to financing your travel dreams, Loan Direct sets the standard for reliability, flexibility, and customer service.Competitive Interest Rates: Check out how you can secure the lowest interest rate on a personal loan.Processing Speed: Some lenders have processing times of several days, but with Loan Direct you can get approval within just 1-2 hours!*Flexible Repayment Options: Pay off your loan over 6 to 84 months, ensuring maximum affordability.*Subject to responsible lending checks and criteria Get it Sorted! Apply Now Loan Direct We Make Borrowing Money Hassle-Free One of the best things about Loan Direct is our simple, stress-free process. Our seamless online system ensures you complete your initial application form in just 2 minutes, saving you time and effort.Once we receive your application, our friendly team will get in touch to confirm some more details from you before they get to work connecting you with a lender.We only work with high-quality, low-cost lenders so you can be sure you’re getting a great deal with Loan Direct.In most cases, we can get loan approval within just 1-2 hours*, with same day payouts possible if you apply early enough in the day.The bottom line is that Loan Direct is here to help you secure the funds you need exactly when you need them!*Subject to responsible lending checks and criteria TRY OUR LOAN CALCULATOR ### Holiday Loans Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Borrow $10k from just $68 per week! Holiday Loans Tick off your bucket list destinations with Loan Direct’s fast and affordable travel loans! Dreaming of sandy beaches, bustling cityscapes, or serene mountain retreats? Loan Direct is here to help you pack your bags and make those travel goals a reality! With our fast holiday loans, your dream trip is just a click away. Fast approval within 1-2 hours* Same day payout* Borrow up to $75k unsecured Unsecured rates from 11.95% Easy online application Loan term from 6 months to 7 years *Subject to responsible lending checks and lending criteria. Loan Direct Specialises in Affordable Travel Loans If you want to have a great holiday but you’re not sure if you can afford it, Loan Direct is here to help. We specialise in providing flexible and affordable travel loans designed to fit your budget.With competitive interest rates and the ability to borrow amounts that suit your plans, we ensure that financial worries don’t stand in the way of your adventure. Borrow $5k starting at $55 per week* Borrow $10k starting at $86 per week* Borrow $20k starting at $89 per week* Want to borrow a different amount? Use our free online loan calculator to find out what your repayments could be! How Much can I borrow? *Subject to responsible lending checks and lending criteria. Tailored Holiday Loan Packages At Loan Direct, we understand that travel dreams come in all shapes and sizes. Whether you're looking for a quick weekend getaway or an extended overseas adventure, we offer a variety of borrowing options to meet your needs.We believe that financing your holiday should be as enjoyable as your trip itself! Our repayment plans are tailored to fit your financial circumstances. Choose terms from 6 months up to 7 years, with repayments that suit your cash flow. This flexibility allows you to travel with peace of mind, knowing your loan is manageable and won’t strain your finances. Loan Direct Quick and Easy Application Process Applying for a holiday loan with Loan Direct couldn’t be easier. Our online loan application process is designed to be user-friendly, allowing you to complete your application from the comfort of your home.With the ability to submit your application within just a few minutes, you won’t have to waste time waiting in long lines or dealing with mountains of paperwork. Get it Sorted! Apply Now Bad Credit Score? We Find Solutions For Most Borrowers. If your credit score isn’t so great, there’s a good chance we can still help you. At Loan Direct, we believe in second chances, so even if you have some bad credit history, we’ll still do our best to find a positive outcome for you.Just get in touch with our friendly team for a free chat about your personal circumstances. If you have enough regular income to cover your loan repayments, there’s a good chance we’ll be able to arrange a loan for you. Get it Sorted! Apply Now Loan Direct Could A Debt Consolidation Loan Help Increase Your Disposable Income? We offer our clients more than just money, we provide advice on how to manage debt. If you already have loans, and need a bit extra, we can look at consolidating them into one lower cost loan, with lower interest rates and repayments.Over the years, we've helped thousands of people get a better deal on their loans, and we've made their lives easier as a result.Here are some examples from our customers: JarrodJarrod wanted to free up some of his disposable income, as he was paying $469 per week on his debts. We paid off all his debts and got him a debt consolidation loan with a weekly payment of just $235. That gave him $234 extra per week to use however he wanted! TamaraTamara is another one of our customers. She desperately needed cash to repair her car but couldn’t afford to pay cash to get the work done. She had several existing loans and couldn’t afford any extra loan payments. We managed to get Tamara a debt consolidation loan and give her the cash she needed to fix her car. Her total loan payments were $100 less per week than before! Are you paying too much for your existing loans? Could you lower your repayments and get a top up? Find out. Give us a call or apply online. Get it Sorted! Apply Now ### Car Loans Loan Direct Fast bad credit loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Car Loans Need a new car? Get a fair, affordable vehicle loan super fast with Loan Direct. Loan interest rates from 9.95%Loan terms from 6 months to 7 yearsPre-approval in just 1-2 hours*100% online processEasy online application processShop as a cash buyerAs a loan broker, we give you access to our network of fantastic low-cost lenders, giving you more chances of getting a great deal. That's our big advantage over traditional lenders, like finance companies or banks. We do the running around so you don’t have to, and with our lending partners, we will find the right deal for you.*Subject to responsible lending checks and criteria apply now! Unsecured Car Loans Enjoy the freedom of being a cash buyer Buying a car is much better when you have cash in your back pocket. It gives you the freedom to buy any car you want, from anywhere. And because you have the money, you can potentially negotiate a better deal with the seller.With a pre-approved car loan from Loan Direct, you can essentially shop as a cash buyer. After getting pre-approval from one of our low-cost lenders, you can go looking for your dream car with confidence. When you find a car you like, you won’t have to wait to get approval from your lenders and go through a lengthy loan process. It’s already sorted!Whether you find your ideal ride on TradeMe, Facebook Marketplace, at a dealer or auction, you have the peace of mind of knowing that when you find that perfect car, you can have it!Loan Direct's pre-approved car loans are unsecured loans - with interest rates starting at 11.95%, you can borrow up to $75,000. Apply Now Secured Car Loans Want to borrow more? Want a lower interest rate? If the $75,000 limit isn’t enough, Loan Direct also offers secured vehicle loans with limits of up to $150,000.Secured loans require an asset to be used as collateral against the loan, in this case, it will be the car itself. This offsets some of the risk to the lender, but it also potentially gives you a lower loan interest rate, which starts at 9.95% for secured loans.Here’s how it works:Using our easy online application form, you can apply for pre-approval.After you get pre-approval, you can begin shopping the same day!*If you've found the perfect car, just provide us with the signed sale agreement between you and the seller, along with the seller's bank details and proof of insurance.After we pay out the loan, you can drive away in your car!*Subject to responsible lending criteria Get it Sorted! Apply Now Which type of car loan is right for you? An unsecured car loan is great if you just want the cash to go and choose the car you want. It’s the fastest way to get a vehicle loan - we can usually arrange pre-approval in just 1-2 hours*. So, if you want a car right away, an unsecured loan may be the best option.Secured loans take a bit longer to process, but they’re a great option if you want the lowest loan interest rate possible. You can also get access to higher spending limits with a secured loan.Not sure which one you need? We have friendly loan advisors who can help you find the right loan for you.*Subject to responsible lending checks and criteria. Try our free loan calculator How to apply for a car loan with Loan Direct When you apply for a loan with Loan Direct, you get access to our simple, easy loan application process.After you complete our easy 2-minute online application, we’ll be in touch to get some more details before we put your application in front of multiple lenders.More lenders mean more chances of being approved! We only work with high-quality, low-cost lenders so you can be sure you’re getting the best deal.After 1-2 hours* we’ll come back to you with some options, and you pick the deal that works best for you.All the loan documents are signed electronically, so there’s no pesky paperwork to do!Best of all, we can usually have the funds in your account the same day!**Subject to responsible lending checks and criteria. Get it Sorted! Apply Now Car loans for bad credit Have a bad credit history but need a new car? We believe in second chances, which is why we help people with poor credit scores to own a new car.Some lenders are reluctant to help people with a bad credit rating, but at Loan Direct we take a different approach. If you have enough regular income to cover your loan repayments, there’s a good chance we can find a positive outcome for you.Quick approval process & loan payoutCompetitive interest rates from low-cost lendersMore loan options = more chances of successTerm options up to 7 years at an affordable rateSimple online loan processBad credit car loans are no problem for the team at Loan Direct. Get in touch with our friendly team to discuss your situation - they take the time to listen so they can help find the best solution for you. apply now! ### Bad Credit Car Loans Loan Direct Fast bad credit loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Bad Credit Car Loans Need a bad credit car loan? Apply in just 2 minutes and have your loan approved today!*Unsecured car loans from 11.95%Borrow up to $75,000 unsecured, or $150,000 securedApproval within 1-2 hours*Easy online processFriendly loan advisors*Subject to responsible lending checks and lending criteria. apply now! How to Get a Car Loan with Bad Credit If you have a poor credit history but need a new car, you might be concerned about your ability to secure a loan. Many individuals with low credit scores assume that obtaining a car loan is impossible, but that's not necessarily true. Loan Direct works with people everyday with bad credit scores to help them get back on track.We firmly believe that a poor credit score shouldn't result in high interest rates and hidden fees; our goal is to create a fair borrowing experience. When you seek a car loan through Loan Direct, we'll reach out to discuss your unique situation, understand the reasons behind your low credit score, and explore your available options. If affordability is a concern, we can make the loan easier on your finances by extending the repayment period. If you have regular income, and your existing debt is under control, there is a good chance we will be able to find a positive outcome for you.Our extensive network of low-cost lenders allows us to tailor a solution that meets your needs. We pride ourselves on high approval rates, even for those facing credit challenges. Apply Now Loan Direct Helps You Improve Your Credit Score When you apply for a car loan, responsible lenders must consider your credit history when deciding whether or not to lend you money. If you have a history of missing payments on debt or bills, your credit score might be poor.Your credit score ranges from 1 to 1000, with 1 indicating the lowest and 1000 the highest possible rating. A score of 500 is deemed acceptable, while most individuals fall within the range of 300 to 850. Scores below 300 are classified as poor credit.The encouraging news is that a bad credit score isn't permanent—it can be improved! Many financial institutions and utility companies participate in "positive credit reporting", which means that consistently making your loan repayments on time and in full can actually boost your credit score. At Loan Direct, we are a positive reporting provider, which means taking out a loan with us gives you the chance to enhance your credit score. Get it Sorted! Apply Now Types of Car Loans There are two main types of car loans: unsecured and secured loans. They both have their benefits, but which one is right for you depends on your individual circumstances.Unsecured car loansSimply borrow an amount of cash to spend as you like. Freedom to shop as a cash buyer.Buy a car from anywhere - TradeMe, Marketplace, car dealer, or at auction.No conditions on the car you buyBorrow up to $75,000Interest rates from 11.95%Secured car loansThe vehicle itself is used as collateral against the loanCar needs to be approved by lender before loan is givenPotentially lower interest rates from 9.95%Borrow up to $150,000Not sure which one is best for you? Get in touch with our friendly team today for a free chat! Try our free loan calculator The Benefit of Making Just One Application If you are struggling with bad credit but urgently need a car loan, you might think applying for a loan with various lenders will improve your chances of approval. However, this approach can be counterproductive. Each loan application triggers a credit check, which is recorded on your credit file. When your credit file shows multiple checks in a short time frame, it can signal “credit distress,” indicating you may be facing difficulties in meeting your financial obligations. This is why working with a loan broker like Loan Direct can be hugely beneficial. When you apply for a loan through us, we present your application to several low-cost lenders. You only need to submit one loan application and undergo just one credit check. This is great for you since it won’t adversely impact your credit score. Plus, sending your application to multiple lenders increases your chances of receiving approval! Get it Sorted! Apply Now Why Choose Loan Direct Loan Direct is your local team delivering world class service. We specialise in quick, seamless loans that eliminate unnecessary hassle. As a fully online loan broker, our process is designed for your convenience—no paperwork, no frustrating appointments; you can manage everything from anywhere you like. Our online application form takes just 2 minutes to complete, and we can usually get approval within 1-2 hours*.Our dedicated team strives to secure affordable loans at competitive rates, ensuring you don’t pay more than necessary. With interest rates starting at 9.95%* and flexible loan terms ranging from 6 months to 7 years, we’re equipped to find the perfect solution for you. We are specialists in personal loans, bad credit loans, debt consolidation loans, and much more.Reach out to our friendly loan advisors today for a complimentary, no-obligation discussion about your financial situation.*Subject to responsible lending criteria apply now! ### Apply Now FB Apply For A Loan Online! 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 valid photo ID please apply once you have received one. Identification Type *NZ Drivers LicenseNZ PassportOther PassportNZ Driver License numberVersion numberNZ 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 Anything extra If there is anything else you would like to tell us: Privacy Declaration & the Disclosure Statement *Tick box to accept the Privacy Declaration & the Disclosure StatementI hereby consent to electronic disclosure to the email address provided in this Application and consent and agree to the terms of the Privacy Declaration. You also confirm you have read and understood our Disclosure Statement and the type of advice we do and do 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 . Right, lets get you sorted faster...*Subject to responsible lending checks and lending criteria. At Loan Direct our Mission is to​ Deliver Fast, Low-Cost Lending We are online loan specialists that provide our clients with access to funds quickly and at highly competitive interest rates. How do we achieve this?By drawing on the latest technology and the expertise of an experienced lending team, we can have loans approved the same day or next*.Our team moves fast and works efficiently. With us you deal with one person – no long queues, complicated forms, or drawn out bureaucratic processes. You deal with an experienced lending professional right from the start until your loan is settled. We have the experience, products and knowledge to find a solution that is right for you at payments that suit your budget.*Subject to responsible lending checks and lending criteria. How Much can I borrow? Our Fast Loan Process After you complete our easy online application, we put it in front of multiple lenders to get you the best deal. We’ll come back to you within 1-2 hours* with options, and you choose the one that works best for you.In most cases, we can have your loan approved the same day you apply* and have the cash deposited into your account immediately. Depending on your bank, the money could appear in your account that same day or the next day.We process applications on a first come first served basis, so the earlier in the day you apply, the better chance you have of getting it all sorted the same day.*Subject to responsible lending criteria. Our Process "A massive shoutout to Kimberley.D for all her hardwork. Appreciate your great effort and your professionalism, throughout the process you've went above and beyond just to make sure I received the service I and other customers needed. Always ahead of us and keeping us up-to-date all the time until we got paid out.Thankyou so much for your GREAT WORK and THANKS Loansmart. Cheers from Lia😀" Patrick WK "Would like to give a HUGE SHOUT OUT to stefanie wilson she went above and beyond to get us a loan to consolidate our debts, it took a little while but we got it. So thankyou thankyou thankyou so much stefanie for all your hard work." Dale N Alec Mckenzie "Great work only took one day to sort it, Awesome! Thank You Andrea Malcolm for getting that done and for contacting me about finding some money, just Great!" Ihaka Hema "Outstanding professional service in particular to Melvyn - who if he had a super power(s) it would be professional-friendliness/laser-eye focus to detail/communicator extraordinaire/speed with out compromise. Grateful and recommend this service for responsible financial support. Karen & Malcolm." Malcolm "A huge shout out to Kapila, who was absolutely amazing with my debt consolidation application. The whole process was so simple and easy. Kapila ensured I was kept up to date with everything happening. A wonderful, phone manner. A very hard working lady indeed. Thank you, thank you Kapila" AnznSkip "Shayaan Topiwala - great service, quick turnaround & awesome comms throughout. Thank you - was indeed in need." Maria Graham Previous Next Loan Direct Types of Loans What can you use a personal loan for? Short answer - pretty much anything! Consolidate Debts Paying off Credit Cards Vehicle Loans Extra Spending Money Family Expenses Emergency Loans Holiday Loan Loan Direct Frequently Asked Questions Find below the most frequently asked questions, if you can't find the answer to your question below feel free to contact us from our contact form or give us a call on 0800 255 155. What do I need to send you? As a responsible lender, we need to identify you and also make sure you can afford the loan repayments. We need a valid photo ID such as a Passport or Driver’s License. The easiest way to do this is to email us a photo taken from your phone. We also need confirmation of your income & expenses, we get this by requesting the last 90 days of your bank statements. You will be provided with a secure link that authorises us to view your statements online. Your consultant will go through this with you. How do I get my information to you?The easiest way to provide a photo ID is to email us a photo taken from your phone. We also need confirmation of your income & expenses, we do this by requesting the last 90 days of your bank statements. You will be provided with a secure link that authorises us to view your bank statements online. 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 Loan Consultant is and their contact details. Your consultant will request the last 90 days of your bank statements and Photo ID, then proceed to complete your application fully. Once the application is ready your Loan Consultant will send it off to the lenders for approval, this typically takes between one and two hours and your consultant will contact you if we have any queries or need to clarify anything. You have approved my loan what happens now?We will arrange to talk on the phone so we can discuss and disclose all of the loan details with you, this phone call will be followed by an email to reconfirm all of the loan details. We then have your loan documents sent through to you – 99% of the time they will be emailed and can be signed online with no printing or witnessing requirements. What happens once I sign everything?Once the contract has been accepted you are basically done! Depending on your approval, there may be one or two more things we need to satisfy all of the lender’s loan conditions such as settlement letters so we can pay off other debts for you. Funds can then be paid to you! Depending on which bank you’re with, you will receive your funds later that day. If they are returned after 3.30PM the funds may not go through until the following day (it depends on the lender too). 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. Sometimes we will require security to be added to the loan, this could be a vehicle or a home. Who will see my application?We treat your application confidentially and the only people who will see your application are us and any Finance Company that we send it to. I can’t find the answer to my query?Please contact us here. ### Unsecured Loans Loan Direct Fast unsecured loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Unsecured Loans At Loan Direct we can help you access an affordable unsecured loan with lower interest rates and fair conditions. We’re your go-to Online Loan Specialists Unsecured Loans up to $75,000 Interest rates from 9.95%* Spread your repayments over 6 months to 7 years. No pesky paperwork or time-consuming bank processes Approval within 1 – 2 hours* online Low establishment fee Easy to understand rates and fees Same-day payout* *Subject to responsible lending checks and lending criteria. Get it Sorted! Apply Now Fast Unsecured Loans and Competitive Interest Rates We’ve merged fast lending with competitive interest rates to deliver a borrowing experience that is second to none. We work hard to make the borrowing experience quick and seamless.Many of our customers get loan approval within 1-2 hours*, and receive their money the same day*. Most of our lending is unsecured, which is how we’re able to work so fast.A secured loan uses assets (such as a car or home) as collateral. If you don't repay your secured loan, your lender can take those assets.Unsecured loans don't require security; you simply borrow cash and pay it back over time.The process of getting an unsecured loan is much faster since we do not assess the value of your assets before providing you with your funds.*Subject to responsible lending criteria Apply Now Loan Direct How much can I borrow? Loan Direct specialises in providing fast, simple loans with rates that are sometimes better than banks! Borrow up to $75,000 unsecuredPay off your loan over 6 to 84 monthsEasy online application with fast payoutThe great thing about an unsecured loan from Loan Direct is that you can use it for whatever you need. Whether you need funds for debt consolidation, home renovations, emergency loans, holiday loans, or any other personal need, you have the freedom to use the funds as you want - as long as it’s legal!If you need to borrow a larger amount, we offer secured loans of up to $150,000 Sometimes we can lend above this amount. You need to have an asset you can use as a collateral, but in addition to the higher lending limit, you may also be able to get a lower interest rate with a secured loan. Try Our Free Online Loan Calculator Why choose Loan Direct Loan Direct is your first choice for fast, hassle-free borrowing that’s also low cost. We’re fast, and we believe that low-cost lending can be delivered the same day or the next*.By drawing on the latest technology and the expertise of an experienced lending team, we make it happen.Unlock more financial possibilities with leading loan brokersGet fast service from a friendly, attentive team. We work hard to find you a great deal.We take the hassle out of finding a loan by doing all the hard work for you.Still have questions? Contact Loan Direct today and our friendly loan advisors will be happy to discuss your options with you.Our associate membership in the Financial Services Federation helps us promote responsible lending. Because of this, you can trust us to provide you with loan advice that's right for you.*Subject to responsible lending criteria Get it Sorted! Apply Now ### Fast Loans Loan Direct Give us a call or apply online Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Fast Loans If you want the best of both worlds – fast cash loans and competitive interest rates, apply today.Need cash in a hurry? Loan Direct provides fast cash lending direct to you.We understand that financial emergencies happen, that’s why our team of savvy professionals uses the latest technology to deliver the fast results you need.You can apply in just 2 minutes and receive a response within 1-2 hours*. A deposit is made into your account on the same day as approval*.Fast, Simple Loans - In some cases, at better rates than banks!*Subject to responsible lending criteria. How Much Can I Borrow? About Loan Direct Fast Personal Loans Direct To You!Unlock more financial possibilities with Loan Direct. It's our job as a loan broker to find the best deal for you.We do all the legwork so you don't have to. With our network of low-cost lending partners, we'll find you the best deal. Approved in just 1 - 2 hours* 100% paperless process Easy online application Same-day payout* Unsecured loans up to 75k Rates from 9.95%* *Subject to responsible lending criteria Apply Now! Loan Direct Our Fast Loan Process After you complete our easy online application, we put it in front of multiple lenders to get you the best deal. We’ll come back to you within 1-2 hours* with options, and you choose the one that works best for you.In most cases, we can have your loan approved the same day you apply* and have the cash deposited into your account immediately. Depending on your bank, the money could appear in your account that same day or the next day. Check out more about our easy approval loans and how you can get cash fast. We process applications on a first come first served basis, so the earlier in the day you apply, the better chance you have of getting it all sorted the same day.*Subject to responsible lending criteria. Our Process What makes Loan Direct so fast? We are 100% online, which enables us to eliminate some of the time-consuming parts of borrowing, like paperwork and appointments. With Loan Direct you deal with one person, so there are no long queues, complicated forms, or drawn-out bureaucratic processes.Most of our lending is unsecured. This is much faster to process than secured loans, which require assets to be valued so they can be used as security against the loan. Unsecured lending is more straightforward, so we can process applications more quickly. Apply Now Instant Loans at Competitive Rates Loan Direct is your first choice for competitive fast loans. With interest rates starting from 9.95%*, in some cases we can offer better rates than banks!Compared with banks, we can provide our clients with greater flexibility and options due to the less stringent lending criteria of our New Zealand-based lenders. Our team should be able to arrange you a loan pretty easily if you have a regular income and can afford the repayments. Get it Sorted! Apply Now Fast Loans with Bad Credit Can you get a fast loan if you have bad credit?Having a bad credit score isn’t a deal breaker for us. Loan Direct works with people who have a poor credit history to rebuild their credit scores by arranging affordable low-cost loans.We care about our clients. When you contact us, you’ll be dealing with real people who take the time to understand your needs and situation.If you have bad credit but have enough regular income to cover the repayments, we may still be able to help. Get in touch with our friendly loan advisors today so we can help find the right solution for you. Contact Us Loan Direct Why Choose Loan Direct? Take control of your borrowing and alleviate stress with a low-cost loan suited to you from a friendly team that really does care.  Loan Direct can offer its customers:Flexible repayment optionsThe ability to spread your repayments over a longer period so it’s more affordable for youLower interest ratesLump sum paymentsDon’t sacrifice your future by taking out an emergency loan from a high-cost loan business. We can provide low-cost financial options to all sorts of borrowers. How Can I Apply For An Emergency Loan?Complete the loan application form online, or call us directly.You will be provided with a secure link that authorises us to view your statements online. Bank statements enable loan companies to verify your income.Your Loan Consultant will be in touch quickly to complete the applicationYour loan is assessed and a decision is madeOnce your loan is approved and you accept it, funds are deposited in your bank account the same day*.By embracing the latest technology, loan processing is fast and paperless. Income verification is handled online with no need for you to send us paper bank statements. Save valuable time and money, choose a reputable finance business with fairer fees, interest rates and conditions. You can contact us by email, via our online application form or phone. We answer straight away during business hours. With Loan Direct we look at your entire lending situation, to try and find a better solution for you. *Subject to responsible lending checks and lending criteria. 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. Using a network of NZ Loan Providers we have build strong relationships with, Loan Direct can provide more options than other lenders. With more options, you have more chance of getting your loan approved.Try our Personal Loan CalculatorsCall us now!See our Loan FAQs page for answers to our commonly asked questions.  Getting a LoanLoansmart Limited (FSP #7461, trading as Loan Direct) holds a Full Class 2 Financial Advice Provider Licence issued by the Financial Markets Authority to provide financial advice, and is a member of Financial Services Complaints Ltd, our FSCL Number is 617. *Rates of 9.95% are subject to lending criteria and eligibility. 1-hour approval and same-day payout subject to the applicant meeting our lending criteria and supplying all the information we need to process their application. We do not offer “short-term” loans, the terms offered by our providers range from 6 months to 84 months. Get it Sorted! Apply Now ### Secured Loans Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Secured Loans Have you got a big purchase in mind? Perhaps you're looking to consolidate existing loans and get a better deal? When you need to borrow a lot of money, an unsecured loan limit of $75,000 probably won't cut it. With a secured loan from Loan Direct, you can borrow up to $150,000, and sometimes even more. Loan Direct Specialises in Fast Secured Loans Typically secured loans can take a bit longer to get across the line. Loan Direct, on the other hand, moves quickly. Using the latest technology and an experienced lending team, we aim to deliver them the same day or the next.Borrow up to $150,000 (higher amounts available on application)Many loans are paid on the same day*100% online, fast and easy to applyOne application gives you rates and repayment options from many lendersRates from 9.95%**Subject to responsible lending checks and lending criteria. TRY OUR LOAN CALCULATOR Low Cost Secured Loans Unlock more financial possibilities with leading loan brokers. We work hard to find you a great deal.Loan Direct works with a variety of low-cost lenders to provide our clients with more and better options.Our competitive interest rates start at just 9.95%. Your loan rate depends on a number of factors, including your credit history, discretionary income, and loan size. Our Loan Calculators can give you an idea of what you might pay, but your actual interest rate will be tailored to you. TRY OUR LOAN CALCULATOR Loan Direct Alternatives to Secured Loans Unsecured personal loansLoan Direct offers secured lending alongside our popular unsecured loans to offer flexible solutions that suit your needs. No collateral is required for these loans. Through us, they are usually available up to $75,000, but many other lenders cap this limit at $30,000. Unsecured loans may be difficult to obtain if you have a poor credit score. The amount you can borrow depends on your discretionary income, credit score, and financial history. Find Out More Why Choose Loan Direct Loan Direct is a loan broker, meaning we put your loan application in front of multiple low-cost lenders to get you the best deal. You don't have to run around filling out forms and liaising with lots of lenders because we do the legwork for you.Making just one application is great for you because making too many loan applications in a brief period can negatively impact your credit score. Our application process is simple: just fill out our quick 3-minute application form with your contact details and we'll be in touch to get some more information, such as your employment details.Our approval process is quick and easy - we can usually get loan approval the same day* you apply, and have the cash in your account either that day or the following day. Our friendly staff provide fast, professional service every time.We also provide bad credit personal loans, unsecured loans, and debt consolidation loans.*Subject to responsible lending criteria. Learn more about our process What is a Secured Loan? A secured loan is a type of loan that is backed by collateral, such as a vehicle, property, or other valuable asset. This collateral serves as security for the lender, providing them with a guarantee that they will recoup their money if the borrower defaults on the loan. This lowers the risk to the lender. Without the security, you might not be able to gain such a large loan. Get it Sorted! Apply Now Loan Direct How Do Secured Loans Work? Secured loans work by using an asset as collateral to secure the loan. When a borrower applies for a secured loan, the lender evaluates the value of the asset being offered as collateral. The lender then determines the maximum loan amount based on a percentage of the asset's value. This is known as the loan-to-value ratio.In the event that the borrower defaults on the loan, meaning they are unable to make the agreed-upon payments, the lender has the right to seize and sell the collateral to recover the outstanding amount. This provides the lender with a level of security and greatly reduces their risk, hence the term "secured" loan. Learn more about the difference between secured and unsecured loans What are the Advantages of Secured Loans? A secured loan can be a good alternative to an unsecured personal loan for several reasons: Lower interest ratesDue to the reduced risk for lenders, secured loans can come with better loan terms and lower interest rates compared to unsecured personal loans. This can result in substantial savings over the life of the loan. Higher borrowing limitsSince secured loans rely on collateral, lenders are more willing to offer larger loan amounts. This can be beneficial for large purchases or funding major expenses like home renovations or educational expenses. At Loan Direct, we provide secured lending of up to $150,000, compared with $75,000 for unsecured loans. We can sometimes go above this amount too. Easier approvalSecured loans can be easier to obtain than unsecured loans, especially for individuals with bad credit scores or a limited credit history. TRY OUR LOAN CALCULATOR Is a Secured Loan Right for Me? Deciding whether a secured loan is right for you depends on your individual circumstances. Here are some factors to consider: Risk of losing your assetWith a secured loan, there is a risk of losing the collateral if you default on your loan repayments. If you’re confident in your ability to repay the loan and don’t mind putting your asset at risk, a secured loan can be a viable option. Loan Direct always strives to make your repayments manageable and set you up for success. You can do more with a secured loanSecured loans are commonly used for significant purchases or investments, such as buying a house, car or home renovations. If you have a specific purpose in mind for the loan and need a higher borrowing limit, a secured loan may be the right choice for you. Keep in mind that because of the higher loan amounts, your loan will also likely be for a longer period of time, meaning you will also pay more interest than if you took a loan over a shorter period. If you have bad credit historySecuring a loan with collateral can increase your chances of approval if you have a poor credit score. Lenders may be more willing to lend to you when they have the added security of an asset. Bad credit loans are one of Loan Direct’s specialties – if you have poor credit history, get in touch with our friendly team today to see how we can help. We help people with bad credit rebuild their credit score by keeping their loan cost affordable so they can make payments on time. If you have other loans you want to consolidateSecured loans can also be used for consolidating many different loans, paying off bills and getting extra cash at the same time. This is a good way to reduce your repayments and make them more manageable. By spreading your repayments out over time, and consolidating lots of high-cost loans into one low-cost one, you can reduce your monthly payments. Get it Sorted! Apply Now ### Guides ### Loan Direct Disclosure Statement Disclosure Statement Disclosure Statement for Loansmart Ltd T/A Loan Direct Disclosure Statement At Loansmart Ltd 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) 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 Limited33 Broadway, Newmarket, Auckland 1023Email: enquires@loansmart.co.nzPhone: 0800 255 155 Nature and Scope of Engagement Personal Loan Broker - Loansmart Ltd  provides advice to our clients about Personal Loans & Credit related insurances. We only provide financial advice about products from certain providers.For Personal Loans, we work with the following lenders:Avanti Finance LimitedFinance Now LimitedPioneer Finance LimitedNectar Trustee LimitedPersonal Loan Corporation Limited (PLC)Community Financial Services Limited (CFS)Financial Holdings Limited (FHL)Branded Financial Services (BFS)Lifestyle MoneyGeneva FinanceFor Credit related insurances, we work with the following companies:Provident Insurance LimitedFinancial Holdings Limited CCI 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.The Six-Step Process:Getting to know you, your situation, financial goals and objectivesGathering relevant data on your current situationAnalysing data and assessing viable solutionsProviding recommendationsImplementing recommendationsOngoing review (where relevant staying on track) Advice Conduct Loansmart Ltd, 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 interestsexercise care, diligence, and skill in providing you with advicemeet 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 1546When 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 2572. by emailing complaints@fscl.org.nz3. through FSCL’s website: www.fscl.org.nz4. 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. ### Fees and Interest Rates Fees and Interest Rates Loan Direct Fees and Interest Rates Your 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:Interest rates start from 9.95%, these are set by the loan provider when they approve the application.It is free to complete an application. 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)The fee will be notified to you before you enter into a loan. This 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.nzwww.comcom.govt.nzIf you have any queries with regards to the above, please contact us on 0800 255 155 or email enquiries@loansmart.co.nz. ### Responsible Lending Code Responsible Lending Code Loan Direct Responsible Lending Code Although Loan Direct 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 Loan Direct Loan Direct is a Personal Loan Arranger. We have built relationships with many of the best NZ Lenders so that we have as many options as possible to offer to our customers. Our team of Loan Consultants work hard to provide our customers lending solutions that are best suited to their personal needs & 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 moneywww.sorted.co.nzwww.consumerprotection.govt.nzwww.comcom.govt.nz ### Privacy Policy Privacy Policy Loansmart Limited Trading As Loan Direct Privacy Declaration PRIVACY AUTHORISATION: FINANCE APPLICATIONSPrivacy Act 2020 – Loansmart Ltd is committed to protecting your privacy and maintaining security of the information you provide to us. We abide by the laws relating to privacy and safeguarding of information.Privacy Act 2020 – Personal Information Notice and DeclarationI/we declare that:I/We understand that there is no obligation to provide personal information but failure to do so may prejudice my chance of obtaining finance.  I declare that the information contained in this application is true and correct.I/We have also disclosed any other names I am known under.I/We are aware that if we have deliberately provided false information in this application, I/we could face fraud or dishonesty charges in the courts.Privacy Act Acknowledgement, Authorisation and How the Information Will Be Used by Loansmart LtdI/We authorise Loansmart Ltd and all related companies (as defined in the Companies Act 1993) to use and disclose the personal information I have provided to undertake all necessary enquiries and request, collect, check and exchange information (both now and in the future), including but not limited to personal, commercial and financial information about me and references, from:Any Credit Reporting Agency credit providerThe NZTA (NZ Transport Agency),Ministry of Justice,My employer(s),Accountant,Or any other sourceI/We understand and authorise Loansmart Ltd to assess my creditworthiness, providing credit to me, administering and enforcing this Agreement, offering me insurance, maintaining credit records with Loansmart, a related company and external agencies, marketing goods and services provided by Loansmart, a related company or any other supplier nominated by us.I/We also authorise Loansmart to disclose information about any loan arising out of this application to any potential assignee of this loan, guarantor or to any person providing services in connection with refinancing this loan, or to any person or organisation I have authorised to obtain information, at any time in the future.I/We acknowledge and agree that in order to facilitate a Credit Reporting Agency’s credit reporting services Loansmart will disclose to such agency information about me for that purpose, including any updates of such information. The Credit Reporting Agency will hold that information on their systems for that purpose. Loansmart will also collect and disclose my positive credit information including repayment history to credit reporters. If I default in my payment obligations to Loansmart, I understand that the information about that default may be given to any Credit Reporting Agency and they may give that information about my default to other Credit Reporting Agency customers.I/We understand that Loansmart will meet its obligations to me under the Privacy Act 2020I/We understand that such information will be held by Loansmart at their business address and by other parties for the purposes described above.I/We understand that I have the right to access and correct personal information held about me in accordance with the Privacy Act 2020I/We I confirm that I do not have any outstanding traffic, parking or other fines, do not have a criminal record and am not a undischarged bankruptIf you apply for finance through us, we will share the personal information you give to us with one or more potential lenders.  If we do so, those lenders may use your information in order to:process your application for finance;assess your creditworthiness;verify your identity in accordance with anti-money laundering legislation;comply with any other legal obligations; andif your application is successful, provide you with an offer of finance.In order to do those things, those lenders may disclose your personal information to, and collect personal information about you from, certain third parties, including:credit reporting agencies (credit reporters), from whom you authorise the lenders to collect information about your identity, current credit obligations and credit history;identity verification agencies;the New Zealand Transport Agency’s ‘Driver Check’ service;the Ministry of Justice, in order to obtain fines information;government agencies and regulators, or anyone else with whom a lender is required to share that information for the purposes of complying with all applicable laws; andany third-party service provider, including professional advisors and public registers.If a lender discloses the fact that you have applied for finance to a credit reporter, you agree that the credit reporter may keep that information and disclose it to its customers (which may include disclosing it to other lenders from whom you apply for finance in the future).  You can ask credit reporters for a copy of any credit information they hold about you and to update it, if necessary. More information is available at https://www.privacy.org.nz/privacy-act-2020/codes-of-practice/crpc2020/.Further I authorize Loansmart Ltd to use my personal information for merchandising, market research and offering additional services including newsletters from Loansmart Ltd or the offer of additional credit facilities.Personal Property Securities Act 1999I/We waive my right to receive Verification Statements or Financing Change Statements under the PPSA.  I acknowledge that I am able to request such statements by contacting Loansmart in writing.Electronic Communication:I/We agree that Loansmart may use electronic communication (including email and SMS/text message) for the purpose of making disclosure to me pursuant to the Credit Contracts and Consumer Finance Act 2003, providing me with notices and/or changes to Loansmart Terms and Conditions and/or any other reason such as marketing of services and products.Website Privacy Statement and Terms of Use The internet is used on a day to day basis and it’s important to us to assist our customers to retain their privacy when using our website. We are committed to protecting your privacy by complying with the Privacy Act 2020.Sharing Your InformationGenerally, we will only disclose your personal information with your consent or if required or as permitted by New Zealand law.Links to other WebsitesOur site may contain a number of links to third party websites and online resources that are not owned or controlled by Loansmart. If we have provided links to any third party site for your assistance, this does not imply that we share or endorse the opinions expressed or material appearing on such websites. We therefore do not assume responsibility for the content or practices of any of these third parties. We strongly advise that you read the privacy statements of the sites you visit as a result of following a link posted on our site.I/We acknowledge that I/We have read/accepted the above Privacy Declaration & Authorisation ### FAQ's Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Frequently Asked Questions Find below the most frequently asked questions, if you can't find the answer to your question below feel free to contact us from our contact form or give us a call on 0800 255 155. General Debt Consolidation Insurance Personal Loans Property Loans Car Loans Complaints General What do I need to send you? As a responsible lender, we need to identify you and also make sure you can afford the loan repayments.We need a valid photo ID such as a Passport or Driver’s License. The easiest way to do this is to email us a photo taken from your phone.We also need confirmation of your income & expenses, we get this by requesting the last 90 days of your bank statements. You will be provided with a secure link that authorises us to view your statements online.Your consultant will go through this with you. How do I get my information to you?The easiest way to provide a photo ID is to email us a photo taken from your phone.We also need confirmation of your income & expenses, we do this by requesting the last 90 days of your bank statements. You will be provided with a secure link that authorises us to view your bank statements online.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 Loan Consultant is and their contact details.Your consultant will request the last 90 days of your bank statements and Photo ID, then proceed to complete your application fully.Once the application is ready your Loan Consultant will send it off to the lenders for approval, this typically takes between one and two hours and your consultant will contact you if we have any queries or need to clarify anything. You have approved my loan what happens now?We will arrange to talk on the phone so we can discuss and disclose all of the loan details with you, this phone call will be followed by an email to reconfirm all of the loan details.We then have your loan documents sent through to you – 99% of the time they will be emailed and can be signed online with no printing or witnessing requirements. What happens once I sign everything?Once the contract has been accepted you are basically done!Depending on your approval, there may be one or two more things we need to satisfy all of the lender’s loan conditions such as settlement letters so we can pay off other debts for you.Funds can then be paid to you!Depending on which bank you’re with, you will receive your funds later that day. If they are returned after 3.30PM the funds may not go through until the following day (it depends on the lender too). 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.Sometimes we will require security to be added to the loan, this could be a vehicle or a home. Who will see my application?We treat your application confidentially and the only people who will see your application are us and any Finance Company that we send it to. Cancellatons - after the loan has been advancedThis 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 can consolidate all debts. Typically the best outcome for the customer is to consolidate all existing debts into the new loan. This leaves you with only one payment to keep track of in the future. The solution that your Loan Consultant arranges for you will be based on your specific needs and goals, and what is possible for us to have approved for you by the lenders. Do you pay debts directly?Yes. We can pay debts directly to settle them for you if we have a Settlement Letter with the account details and amounts for us to pay. Otherwise, we will pay the funds to your bank account and you can pay them yourself. This can depend on the loan conditions, sometime the lender will require us to pay the loan directly from the loan funds so they can be sure it’s been settled in full. Can I get some cash at the same time?Yes.Most of the time we have extra funds approved for the customer as well as consolidating their debts. It all depends on your affordability which will be assessed and your Loan Consultant will discuss the options with you. Insurance What types of Insurance do you offer?We have four different policies available as follows: 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 – This covers the vehicle against accident damage and theft.4. Guaranteed Asset Protection (GAP) – This covers you against the shortfall if your insurance company payout is less than your loan settlement. We go over the features and benefits of all insurance products to ensure they are suitable for you. All products are optional and are fully underwritten. 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?Money from a Personal Loan can be used for anything you like (as long as it is legal!) and we are able to offer unsecured loans up to $75,000 subject to lending checks and lending criteria.Larger loans may require security and we are able to use motor vehicles, properties, or a variety of other assets.Your Loan Consultant will discuss this with you. Property Loans 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. It will depend on your trust, but all trustees will likely need to agree & sign the contract. Car Loans Do you do Pre Approvals?Most definitely! We thoroughly recommend getting pre-approved prior to purchasing your next vehicle. Pre-approvals normally 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 directly 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. 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 2572. by emailing complaints@fscl.org.nz3. through FSCL’s website: www.fscl.org.nz4. by writing to: FSCL, PO Box 5967 WELLINGTON 6011 ### Thank You Thank You Time to check your emails! Your application is being assigned to one of our team now. They will send you an email with the next steps to proceed and help you all the way through your application. You may need to check your Junk / Spam folders.Do you want to learn more about our process? Watch the video belowhttps://www.loandirect.co.nz/wp-content/uploads/2024/07/Loansmart-25-July-Explainer-Video-V.2.mp4 Home Page Loans Loan Calculator About Contact Us ### Loan Calculator Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Calculate an Estimation How Much Can I Borrow? 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 Loan Direct 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 12.95% – our Annual Interest Rates (AIR) range from 9.95% – 35.50% 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 ### Thank You Thank You Thanks for getting in touch! Your message was successfully received, one of our team members will get in touch with you in the next few hours.Do you want to learn more about our process? Watch the video belowhttps://www.loandirect.co.nz/wp-content/uploads/2024/07/Loansmart-25-July-Explainer-Video-V.2.mp4 Home Page Loans Loan Calculator About Contact Us ### Home Renovation Loans Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Home Renovation Loans Loan Direct are experts in arranging quick renovation loans. We make it easy to get your home improvements sorted, without the hassle of a drawn-out process.No quotes or valuations required (99% of the time)Fast decisions*100% easy, online process (no tiresome paperwork)Renovations are exciting. Brainstorming ideas, exploring options and bringing those plans to life is one of the best things about owning your own house. At the same time, you can protect your investment by tending to repairs, and creating a bespoke look and feel that’s uniquely you.*Subject to responsible lending checks and lending criteria. How Popular Are Home Renovation Loans? House Renovation Loans are becoming more and more popular with people setting up to work from home and also home-and-income solutions.Because we're spending more time at home, building projects have become a priority for property owners. Not only do renovations make staying at home more enjoyable, they add value to your asset.As the housing market continues to reach new highs, investing in your home is an easy decision to make. TRY OUR LOAN CALCULATOR How Much Can I Borrow For A Home Improvement Loan? Loan amounts of up to $75,000 unsecured are available, and more by added security such as your home (this can be done without affecting your mortgage).Our home improvement loan rates are highly competitive, and start at just 9.95%*.Loan terms range from 6 months and go through to 7 years.Having your home renovation loan approved ahead of time can help minimise the stress of renovating.Renovation projects can be costly, so if you work out what you'll need to borrow first and get approval before you start, you can move ahead with confidence.*Subject to responsible lending checks and lending criteria. Get it Sorted! Apply Now Loan Direct How Much Will My Repayments Be? Our helpful team can provide you with a renovation loan estimate, so you know in advance what your repayments will be. We offer personalised interest rates that are tailored to each customer's individual circumstances. Your Loan Consultant will explore all the viable avenues, so you have more borrowing options. Get it Sorted! Apply Now How Easy Is It To Get Approved For A Home Improvement Loan? Home improvement loans are like personal loans.As long as you have a stable income and can afford to meet your repayments, it should be relatively easy to get your loan approved.But of course, this depends on your financial circumstances. We take our Responsible Lending requirements seriously, so affordability is an important factor in eligibility. Get it Sorted! Apply Now How Easy Is It To Apply For A Home Improvement Loan? Apply in just a couple of minutes and one of our people will be in touch quickly to discuss your borrowing options with you, and try to have a loan approved within 1-2 hours*.If you're approved, money could be in your bank account the same business day or the next*. What’s more, everything is handled online.We provide you with a secure link to complete so we can view your bank statements online, so there's no need to download and email them to us.*Subject to responsible lending checks and lending criteria. TRY OUR LOAN CALCULATOR Loan Direct Unsecured Or Secured Home Renovation Loans What’s The Difference?An unsecured renovation loan does not require you to refinance or break mortgages and is a totally separate loan from your first mortgage. You don't need to provide us with details of your renovation or have pre or post-valuations for us to release funds. We provide what you need in one lump sum at the start.Generally, we can only arrange up to $75,000 as an unsecured loan. If your renovations are on a larger scale we will look to include your home as security on the loan. This can be done without affecting your existing home loan. Get it Sorted! Apply Now How Much Will You Need To Borrow? Enter the amount you need for your project into our loan calculator. Take into account materials, builders costs, other trade services like plumbers, electricians, tilers, and building consent costs. Then add on an extra 5-10% as a buffer (which can be paid back onto the loan if not needed).Our loan calculator will give you an estimate of what your loan repayments could be. Your actual interest rate and repayments will depend on your financial situation, how much you want to borrow, and the term of your loan.Our team prides itself on providing exceptional customer service and finding the right solutions for each client. Make sure you get the best options for you. Fill in our 2-minute application form, or phone one of our experienced Loan Consultants. TRY OUR LOAN CALCULATOR Loan Direct Bank Said No? Our loan company may be able to help. Typically banks require a loan-to-value ratio (LVR) of 80%, but we can work with less than that.Our Loan Consultants will explain your options to you when you give us a call or apply online.Make your home more enjoyable and create a beautiful, comfortable environment with a loan for DIY from Loan Direct. Get it Sorted! Apply Now Loan Direct Why Loan Direct? When borrowing money it pays to know the people you are dealing with. Loan Direct is highly reputable in the industry since 2008. Our experienced Loan Consultants look at all lending solutions and work hard to get you the best deal. Benefit from fairer terms, fees, interest rates and a team that cares. Ready To Get StartedVisit our FAQs page to check out answers to our commonly asked questions *Fixed interest rates range from 9.95% p.a. to a maximum of 35.50% p.a. on a minimum of 6 months to a maximum 84-month term. Getting a LoanLoansmart Limited (FSP #7461, trading as Loan Direct) holds a Full Class 2 Financial Advice Provider Licence issued by the Financial Markets Authority to provide financial advice, and is a member of Financial Services Complaints Ltd, our FSCL Number is 617. *Rates of 9.95% are subject to lending criteria and eligibility. 1-hour approval and same-day payout subject to the applicant meeting our lending criteria and supplying all the information we need to process their application. We do not offer “short-term” loans, the terms offered by our providers range from 6 months to 84 months. Get it Sorted! Apply Now ### Bad Credit Loans Loan Direct Fast bad credit loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Bad Credit Loans Give us a call or apply online in just 2 minutes. We move fast to get your loan approved sooner. Lots of options for more chances of successSame day approval and payout*Easy, 100% online processFriendly, helpful team*Subject to responsible lending checks and lending criteria. Loan Direct Can Help you Get A Bad Credit Personal Loan Loan Direct provides loans to people with a poor credit history, helping them access loans quickly and affordably. There isn't a lending situation we haven't encountered before and we can find solutions for most.There are many reasons why people end up with a bad credit score, and sometimes it's not entirely their fault. They may have lost their job, became ill and were unable to work, faced unexpected expenses, acted as a guarantor for someone who defaulted on payments and so on.Life is unpredictable and when you find yourself in a spot of trouble, it helps to have a friendly team that will listen to you without judgement. If you can provide a reasonable explanation for your credit history, we’ll do everything we can to get your personal loan approved. TRY OUR Loan CALCULATOR How Do You Choose a Company for Bad Credit Personal Loans? The most important thing to know when choosing who to apply with for a bad credit loan is that there are two types of lenders:1. High-cost lenders 2. Low-cost lendersSadly, many people think that if they have a bad credit history, High-cost Lenders are their only option. But these types of loans attract high fees, and interest rates of over 50% per annum and have shorter repayment periods. In times of stress, the last thing you need is to put yourself under more pressure.By taking on a high-cost and short-term loan, you’re more likely not to be able to meet your repayments, and so your credit score will decline even further. Get it Sorted! Apply Now Loan Direct Can Help You Access an Affordable Loan Loan Direct is different. We can help you access an affordable loan with lower interest rates and fair conditions. We arrange loans that are reasonable and structured to help you meet your repayments on time. By ensuring you have the ability to comfortably meet your repayments, you'll be able to improve your credit score. We help you achieve this through:Lower interest rates, because we only use low-cost lendersLonger repayment terms, so it's easier for you to meet your repaymentsTiming your repayments with when you get paid, so it's easier to budgetLoan Direct 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. We can provide more loan options than others, so you can work towards improving your finances. Get it Sorted! Apply Now Can You Get a Small Loan With Bad Credit? Absolutely! Loan Direct can provide loans for people with bad credit. Types of loans include: Paying off debts Emergency loans Paying bills on time Paying off credit cards Car and vehicle finance Medical and dental expenses School fees Personal Loans Loan amounts start at $1,500 and go up to $75,000 unsecured*, and more if want a secured loan*.The period of time your loan is structured for will depend on how much you're borrowing, and what you can afford to pay each month.*Subject to responsible lending checks and lending criteria. Get it Sorted! Apply Now What Is The Lending Criteria For A Bad Credit Loan? Lenders look at three key factors when making application decisions:Affordability - can you meet your loan payments?Regular income - is regular & consistent income going into your bank account?Equity/Security - is a loan with collateral the best option for you? Not always, but in some cases the lenders will require some form of security. Secured or equity loans are a valid loan option if you're falling short of meeting our lending criteria. TRY OUR LOAN CALCULATOR How Do You Apply For a Bad Credit Loan? Simply fill in our short online application form and we’ll be in touch. Loan applications are assessed as soon as we receive them, and we aim to have an answer to you within 1 - 2 hours*. Income verification is simple too. We provide and secure link that authorises us to view your statements online, so there is no need to download, print out, scan or email them back to us.Everything is handled electronically, so we don’t have to meet face-to-face. We move fast to provide financial decisions within a couple of hours. Once approved, loan funds will be in your bank account the same day or next*.*Subject to responsible lending checks and lending criteria. How Can You Improve Your Credit Score?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. This will help to ensure you don’t miss repayments in the future, so you can rebuild your credit score. Every time you pay a bill or make a payment on time, it helps improve your credit score. Loan costs make a big difference in meeting your payments so it’s important to try and find the cheapest loan for your financial situation. Get a Second Chance Loan Apply today and you could have a decision in just a few hours. It only takes a few minutes to apply and our process is simple and easy. Loan Direct takes the stress out of borrowing money. We’ve been doing this since 2008 and have a reputation for providing fairer terms, lower interest rates and exceptional customer service. Our experienced Loan Consultants work hard to get you the best deal and look at all your options. Ready To Get StartedVisit our FAQs page to check out answers to our commonly asked questions *Interest rates range from 9.95% p.a. to a maximum of 35.50% p.a. on a minimum of 6 months to a maximum 84-month term. Getting a LoanLoansmart Limited (FSP #7461, trading as Loan Direct) holds a Full Class 2 Financial Advice Provider Licence issued by the Financial Markets Authority to provide financial advice, and is a member of Financial Services Complaints Ltd, our FSCL Number is 617. *Rates of 9.95% are subject to lending criteria and eligibility. 1-hour approval and same-day payout subject to the applicant meeting our lending criteria and supplying all the information we need to process their application. We do not offer “short-term” loans, the terms offered by our providers range from 6 months to 84 months. Get it Sorted! Apply Now ### Debt Consolidation Loan Direct Pay down debt more affordably Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Debt Consolidation Loans Do you have more than one loan?Are you looking for solutions to reduce your lending costs?Would you like to pay down debt faster and more affordably?One of our most popular application reasons is for a debt consolidation loan which can help you pay down debt more affordably and save on loan costs. A debt consolidation loan is a type of personal loan that combines all your debt balances including credit cards, overdrafts and personal loans, and puts them all together in one easier to manage payment. This takes the hassle out of trying to juggle lots of loan repayments and is a great option for people who are paying more than they need to in loan costs. Reduce Your Monthly Repayments The goal is to fully repay your current loans (if they no longer suit your needs), and carry over the combined debt balance into a new loan at a lower repayment amount, and hopefully, a lower interest rate.By having one larger loan over a longer period, instead of multiple short-term debts, you can potentially: Reduce your fees Reduce your loan costs Reduce your repayments by spreading them over a longer term You can potentially improve your credit score too, as you only have to concentrate on meeting one loan repayment each month. A single low-cost loan is easier to keep track of than multiple high-cost debts. Get it Sorted! Apply Now How Can a Debt Consolidation Loan Help Me Manage My Finances Better? Our Loan Consultants are highly experienced and look at your entire lending situation, to try and find a better solution for you.If you're concerned you may be paying too much in loan costs, talk to our team.We’ll discuss debt consolidation options with you, and see how we can help you repay your debts more affordably. Give Us a Call! Loan Direct Don't Pay More Than You Need Loan Direct has been helping New Zealanders with their borrowing needs since 2008. Our clients love what we do, and we love helping them too.Get a repayment plan that works for youSet yourself up for success, not a failure!Pay debt down faster and save on loan costsPay off all overdue bills and current debts Get it Sorted! Apply Now How Much Can You Borrow With a Debt Consolidation Loan? This depends on your income, ability to meet repayments and financial circumstances. You can try our handy loan calculator for an indication of what your repayments could be.Or you can apply now for a quote estimate. It only takes 2 minutes to fill in our loan application, and as soon as we receive it one of our lenders will be in touch to discuss your options.Loan Direct can arrange up to $75,000 unsecured and more with a secured loan. 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. TRY OUR LOAN CALCULATOR How Much Could You Save by Taking Out a Debt Consolidation Loan? Give us a call or fill in an application form. In just 10 minutes we can give you a good indication of how much you could save.Our personal loan rates start at just 9.95%*. Your application for personal finance could be approved in just a few hours.Better still, we make it easy by taking care of everything for you, including a simple and secure link that authorises us to view your statements online. No printing or downloading! Get it Sorted! Apply Now Loan Direct Do You Provide Debt Consolidation Loans To People With a Bad Credit History? Absolutely! If your credit score is less than perfect or even ‘bad’, we can try to help you get back on track and take control of your borrowing. We loan money to all types of borrowers. Our team may even be able to help you save money by providing more favourable loan terms. Naturally normal lending criteria applies, but we do everything we can to help you get sorted. In some cases we may require security, but we'll discuss this with you when you apply. Are You Concerned About Your Financial Situation?Don’t put yourself under unnecessary stress. 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. Talk with a team that genuinely cares and works hard to:Get your loan approved fasterProvide you with more optionsFind you a great dealLoan Direct is renowned for providing exceptional customer service.There is no need to make an appointment, just call or fill in our quick and easy loan application. Commonly Asked QuestionsVisit our Loan FAQ page and check out the answers to our commonly asked questions. You can also check out our guide on how to consolidate loans and credit cards to reduce your lending costs. *Fixed interest rates range from 9.95% p.a. to a maximum of 35.50% p.a. on a minimum of 6 months to a maximum 84-month term. Getting a LoanLoansmart Limited (FSP #7461, trading as Loan Direct) holds a Full Class 2 Financial Advice Provider Licence issued by the Financial Markets Authority to provide financial advice, and is a member of Financial Services Complaints Ltd, our FSCL Number is 617.*Rates of 9.95% are subject to lending criteria and eligibility. 1-hour approval and same-day payout subject to the applicant meeting our lending criteria and supplying all the information we need to process their application. We do not offer “short-term” loans, the terms offered by our providers range from 6 months to 84 months. Get it Sorted! Apply Now ### Emergency Loans Loan Direct Give us a call or apply online Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Emergency Loans Give us a call or apply online in just 2 minutes. We move fast to get your loan approved sooner. Loan Direct Our Team Moves Fast Rates from 9.95%* Approval in 1 – 2 hours* Same day payout* Easy, 100% online process Friendly, experienced team Loan Direct can arrange emergency loans. In difficult times it helps to have a team you can rely on.Our team moves fast so you can access emergency funds sooner.*Subject to responsible lending checks and lending criteria. Get My Loan Today! How Much Can You Borrow With An Emergency Loan? Emergency loans are a type of personal loan. You can apply for loan amounts of up to $75,000 unsecured. How Easy Is It To Get An Emergency Loan? Emergencies and unexpected expenses can be stressful, but as long as you have regular income and can afford to meet your repayments, it should be relatively easy to meet our lending requirements. How much can I borrow? What Does It Cost To Get An Emergency Loan? Emergency loan lenders vary considerably in costs. Some are short term lenders that charge high interest rates and loan costs. Repayment periods are shorter too, so it may not be as easy to make your payments on time.Loan Direct does not offer payday loans, instead we work with low-cost lenders that offer cheaper interest rates ranging between 9.95% - 35.50%. Your actual rate will be tailored to your personal circumstances. You’ll have 6 months - 7 years to repay your loan, so budgeting is easier too. Get it Sorted! Apply Now Can You Get an Emergency Loan if You Have Bad Credit? You don't need to have a perfect credit score to apply for an emergency loan. Borrowers with all types of lending profiles including bad credit are considered.All interest rates fall between 9.95% - 35.50%. However, you may be required to provide security if your credit score is especially poor. You will also likely pay a higher interest.Don't pay more than you need to. Make sure you're getting a fairer deal from a low-cost lender that cares. Get it Sorted! Apply Now What Can You Use An Emergency Loan For? Emergency expenses Funeral costs Medical bills Dental loans Vet bills Vehicle repairs School expenses Bond costs Tuition loans Family emergency travel Mortgage repayments TRY OUR LOAN CALCULATOR Loan Direct Why Choose Loan Direct? Take control of your borrowing and alleviate stress with a low-cost loan suited to you from a friendly team that really does care.  Loan Direct can offer its customers:Flexible repayment optionsThe ability to spread your repayments over a longer period so it’s more affordable for youLower interest ratesLump sum paymentsDon’t sacrifice your future by taking out an emergency loan from a high-cost loan business. We can provide low-cost financial options to all sorts of borrowers. How Can I Apply For An Emergency Loan?Complete the loan application form online, or call us directly.You will be provided with a secure link that authorises us to view your statements online. Bank statements enable loan companies to verify your income.Your Loan Consultant will be in touch quickly to complete the applicationYour loan is assessed and a decision is madeOnce your loan is approved and you accept it, funds are deposited in your bank account the same day*.By embracing the latest technology, loan processing is fast and paperless. Income verification is handled online with no need for you to send us paper bank statements. Save valuable time and money, choose a reputable finance business with fairer fees, interest rates and conditions. You can contact us by email, via our online application form or phone. We answer straight away during business hours. With Loan Direct we look at your entire lending situation, to try and find a better solution for you. *Subject to responsible lending checks and lending criteria. 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. Using a network of NZ Loan Providers we have build strong relationships with, Loan Direct can provide more options than other lenders. With more options, you have more chance of getting your loan approved.Try our Personal Loan CalculatorsCall us now!See our Loan FAQs page for answers to our commonly asked questions.  Getting a LoanLoansmart Limited (FSP #7461, trading as Loan Direct) holds a Full Class 2 Financial Advice Provider Licence issued by the Financial Markets Authority to provide financial advice, and is a member of Financial Services Complaints Ltd, our FSCL Number is 617. *Rates of 9.95% are subject to lending criteria and eligibility. 1-hour approval and same-day payout subject to the applicant meeting our lending criteria and supplying all the information we need to process their application. We do not offer “short-term” loans, the terms offered by our providers range from 6 months to 84 months. Get it Sorted! Apply Now ### Personal Loans Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Personal Loans No complicated forms, face-to-face meetings or the need to tell us your life story! Just efficient, cost effective lending that's tailored to you. Personal loans direct to you, at highly competitive interest rates Loan Direct Specialises in Fast Personal Loans Approved in just 1 - 2 hours* 100% paperless process Easy online application Same day payout* Secured loans up to 150k Unsecured loans up to 75k Rates from 9.95%* secured & 11.95% unsecured *Subject to responsible lending checks and lending criteria. How Much can I borrow? At Loan Direct our Mission is to Deliver Fast, Low-Cost Lending We are online loan specialists that provide our clients with access to funds quickly and at highly competitive interest rates. How do we achieve this?By drawing on the latest technology and the expertise of an experienced lending team, we can have loans approved the same day or next*.Our team moves fast and works efficiently. With us you deal with one person – no long queues, complicated forms, or drawn out bureaucratic processes. You deal with an experienced lending professional right from the start until your loan is settled. We have the experience, products and knowledge to find a solution that is right for you at payments that suit your budget.*Subject to responsible lending checks and lending criteria. Get it Sorted! Apply Now Loan Direct How Do Our Personal Loan Interest Rates Compare? A lot of people think that if you want a low cost loan a bank is your only option. But that’s not necessarily true. In some cases our personal loan rates are cheaper than banks. Loan Direct only provides low interest personal loans, no matter what your credit score!The lending criteria of our New Zealand based lenders isn't as stringent either, which means we can provide our clients with more options and greater flexibility. If you have a regular income and can afford to meet your repayments, it should be pretty straightforward for us to arrange a loan for you. Get it Sorted! Apply Now Loan Direct Types of Loans What can you use a personal loan for? Short answer - pretty much anything! Consolidate Debts Paying off Credit Cards Vehicle Loans Extra Spending Money Family Expenses Emergency Loans Holiday Loan Get it Sorted! Apply Now Loan Direct Debt Consolidation Loan A debt consolidation loan is a very popular type of personal loan. If you have lots of high-interest loans, combining them into one easy to manage,  low-cost loan could help you save in loan costs.Try our Debt Consolidation Calculator to work out how much you could save by combining all your debts into one loan. TRY OUR LOAN CALCULATOR Loan Direct How Much Could Your Repayments Be? Try our Personal Loan Calculator to find out. Actual repayments will depend on your financial situation, but this tool can provide you with a good indication. Concerned a Bad Credit Score May Prevent You From Getting a Loan?Don’t be. With Loan Direct you may still be able to get approved for a personal loan if you have bad credit.Unlike other lenders, bad credit loans aren’t a ‘no-go’ for us. Many of our clients have defaulted on payments in the past, but can explain why and have made real efforts to get back on track.When you apply for a personal loan with us we try hard to find you options. Take Control of Your Borrowing and Get a Better Lending Experience TooAt Loan Direct we pride ourselves on delivering a lending experience that is second-to-none. Our team is one of the most experienced in the country, settling hundreds of loans throughout NZ each month. By embracing the latest technology with an efficient process, we move much faster than other lenders. We provide loans for good credit, loans for fair credit and even loans for bad credit.  Why Choose Loan Direct For Your Personal Loan?We have been operating for over a decade now (Since 2009) and each month over 20% of our business comes from clients we have dealt with before. This is a testament to our staff and the excellent service they provide. Here’s how we ensure our customers’ satisfaction.We keep you informed every step of the wayWe discuss all possible loan options so you can make an informed decisionWe work hard to deliver competitive interest ratesWe move fast and provide more options that mostWhilst Personal Loans are our specialty we also offer Debt Consolidation Loans, Home Improvement Loans and assist people with Bad Credit that require finance.Our team is highly respected, customer-focused and responsive. So, if you want the best of both worlds – fast loans and competitive interest rates, apply now. Funds could be in your account today or tomorrow morning if you apply before 1pm.If you’re sick of the stress and hoop-jumping other finance companies put you through, and want to experience what makes us different, give us a call or apply online. We look forward to assisting you. Get it Sorted! Apply Now ### Apply Now Apply For A Loan Online! 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 valid photo ID please apply once you have received one. Identification Type *NZ Drivers LicenseNZ PassportOther PassportNZ Driver License numberVersion numberNZ 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 Anything extra If there is anything else you would like to tell us: Privacy Declaration & the Disclosure Statement *Tick box to accept the Privacy Declaration & the Disclosure StatementI hereby consent to electronic disclosure to the email address provided in this Application and consent and agree to the terms of the Privacy Declaration. You also confirm you have read and understood our Disclosure Statement and the type of advice we do and do 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 . Right, lets get you sorted faster...*Subject to responsible lending checks and lending criteria. ### Contact Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Contact Us You can contact us on our toll-free number 0800 255 155 or by filling out the form below. Our other contact details are as follows. Phone 0800 255 155 Email loans@loandirect.co.nz Physical Address Loansmart Limited33 BroadwayNewmarketAuckland 1023 Postal Address P O Box 28 231RemueraAuckland 1541 Get In Touch First Name *Last Name *PhoneEmail *Message *Submit by FormLiftPlease Wait... Success! Something is wrong with your submission. ### About Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct About Us Loan Direct is a Finance Broker and our job is to find the best deal available for you based on your circumstances. We do the running around so you don’t have to and with our lending partners will find the right deal for you. Loan Direct is a trading name of Loansmart Limited and Loansmart has a class 2 Financial Advice Provider Licence issued by the Financial Markets Authority to provide Financial Advice. With over 15 years of experience in the lending market, you can rest assured that we know what we are doing and look forward to providing great service to you. You can view the Loansmart Disclosure statement here Loansmart 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. Loan Direct Get Sorted Fast When you apply for a loan we have some responsibilities for you, these include that we understand your needs and your situation. This will allow you to make an informed decision about your loan and rest assured all information provided will be kept confidential. Depending on your circumstances the sort of information we may request from you is as follows: Your personal circumstances including your age What existing loans you have and whether they will be repaid with this loan Recent bank statements to confirm your income and expenses Whether your employment is full, part time or casual What assets you have and their value Details of your credit history and your consent to a Credit Check Requesting to see your identity documents (drivers licence/passport etc) TRY OUR LOAN CALCULATOR Loan Direct Getting Sorted 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 endeavour 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)Give you this information at the time you apply and have details on our website Get it Sorted! Apply Now ### Our Process Loan Direct Fast personal loans direct to you! Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Our Process Do you need money today? Loan Direct can provide same day loans* to those in employment and who have regular income paid into their bank account – it really is that simple!*Subject to responsible lending checks and lending criteria. Loan Direct 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. One – two hours later* we present our options and you tell us which one you prefer. 6. Loan documents are sent through for you to e-sign. 7. Funds are deposited into your account the same day*. TRY OUR LOAN CALCULATOR *Subject to responsible lending checks and lending criteria. Loan Direct Your First Choice For Competitive Loans We believe that low-cost lending can be delivered the same day or next*. By drawing on the latest technology and the expertise of an experienced lending team, we make it happen. *Subject to responsible lending checks and lending criteria. Get it Sorted! Apply Now ### Loans Loan Direct Interest Rates from 9.95%* Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Your Online Loan Specialists Our Lending team is one of the most experienced in the country and look at all options for you. We can even offer interest rates lower than banks and other finance companies in some cases. Bad Credit Loans Car Loans Debt Consolidation EmergencyCash Loans FastLoans Holiday Loans Home Renovations Loans Personal Loans Secured Loans Unsecured Loans "A massive shoutout to Kimberley.D for all her hardwork. Appreciate your great effort and your professionalism, throughout the process you've went above and beyond just to make sure I received the service I and other customers needed. Always ahead of us and keeping us up-to-date all the time until we got paid out.Thankyou so much for your GREAT WORK and THANKS Loansmart. Cheers from Lia😀" Patrick WK "Would like to give a HUGE SHOUT OUT to stefanie wilson she went above and beyond to get us a loan to consolidate our debts, it took a little while but we got it. So thankyou thankyou thankyou so much stefanie for all your hard work." Dale N Alec Mckenzie "Great work only took one day to sort it, Awesome! Thank You Andrea Malcolm for getting that done and for contacting me about finding some money, just Great!" Ihaka Hema "Outstanding professional service in particular to Melvyn - who if he had a super power(s) it would be professional-friendliness/laser-eye focus to detail/communicator extraordinaire/speed with out compromise. Grateful and recommend this service for responsible financial support. Karen & Malcolm." Malcolm "A huge shout out to Kapila, who was absolutely amazing with my debt consolidation application. The whole process was so simple and easy. Kapila ensured I was kept up to date with everything happening. A wonderful, phone manner. A very hard working lady indeed. Thank you, thank you Kapila" AnznSkip "Shayaan Topiwala - great service, quick turnaround & awesome comms throughout. Thank you - was indeed in need." Maria Graham Get it Sorted! Apply Now Description Personal Loans Business Loans Debt Consolidation Vehicle Loans Property Loans ### Home Interest Rates from 9.95%* Loan Direct Your first choice for competitive loans Apply Now Easy Online Application Rates From 9.95%* Fast Loan Payout Loan Direct Your Online Loan Specialists Loan Direct has merged fast lending with competitive interest rates to deliver a borrowing experience that is second to none.We believe that low-cost lending can be delivered the same day or next*. By drawing on the latest technology and the expertise of an experienced lending team, we make it happen. Why should you have to go through a bureaucratic, drawn-out process if you're earning a regular income and cannot maintain your repayment schedule?If you want the best of both worlds - fast, easy loans and competitive interest rates, apply today.*Subject to responsible lending checks and lending criteria. Get it Sorted! Apply Now Types of Online Loans What Would You Like To Apply For? Our lending team is one of the most experienced in the country and look at all options for you. We can even offer interest rates lower than banks and other finance companies in some cases. Our lending team is one of the most experienced in the country and look at all options for you. We can even offer interest rates lower than banks and other finance companies in some cases. Bad Credit Loans Personal Loans CarLoans Debt Consolidation Emergency Cash Loans FastLoans Holiday Loans Home Renovations Loans Personal Loans Secured Loans Unsecured Loans Why Loan Direct? Exceptional Service and Competitive Rates Our Exceptional Service sets us apart You’ll be dealing with real people We take the time to understand your needs Bad credit history is not a dead end for us Company representatives nationwide Our loan application process is quick and easy Transparent terms and conditions Competitive interest rates LEARN MORE ABOUT US "A massive shoutout to Kimberley.D for all her hardwork. Appreciate your great effort and your professionalism, throughout the process you've went above and beyond just to make sure I received the service I and other customers needed. Always ahead of us and keeping us up-to-date all the time until we got paid out.Thankyou so much for your GREAT WORK and THANKS Loansmart. Cheers from Lia😀" Patrick WK "Would like to give a HUGE SHOUT OUT to stefanie wilson she went above and beyond to get us a loan to consolidate our debts, it took a little while but we got it. So thankyou thankyou thankyou so much stefanie for all your hard work." Dale N Alec Mckenzie "Great work only took one day to sort it, Awesome! Thank You Andrea Malcolm for getting that done and for contacting me about finding some money, just Great!" Ihaka Hema "Outstanding professional service in particular to Melvyn - who if he had a super power(s) it would be professional-friendliness/laser-eye focus to detail/communicator extraordinaire/speed with out compromise. Grateful and recommend this service for responsible financial support. Karen & Malcolm." Malcolm "A huge shout out to Kapila, who was absolutely amazing with my debt consolidation application. The whole process was so simple and easy. Kapila ensured I was kept up to date with everything happening. A wonderful, phone manner. A very hard working lady indeed. Thank you, thank you Kapila" AnznSkip "Shayaan Topiwala - great service, quick turnaround & awesome comms throughout. Thank you - was indeed in need." Maria Graham Get it Sorted! Apply Now