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We've been helping Kiwis with personal loans for over 50 years!

Since 1971 our application process has evolved and now our quick & easy online loan approval process allows our customers like you to apply for online loans 24 hours a day, seven days a week, in just a few minutes. After all, we're here to make life easier, not harder.

Applying for loans online has many perks, but for you, it means you can get the ball rolling on your loan anywhere, anytime and we’re that much closer to assessing your application.

If you want to get an idea of what your loan repayment could look like over a specific loan term with our standard interest rate, have a play with our personal loan calculator!

Why Choose Instant Finance

Apply in just minutes

Personalised interest rates from 9.95%

Money in your account within 24 hours

25 Locations across the country & online everywhere

Fast online application
Same day response
Money in your account within 24 hours of approval
Personalised rates

Our customers say the nicest things!

"Excellent help – friendly staff. Always willing to do what they can."
Sheryl, Dunedin
"Excellent customer services skills – friendly. They take a personal interest in the customer; they are quick to help"
Lynette, Waterview, Auckland
"Super friendly staff kept things nice and simple. I absolutely loved the homeware and furniture options available to add to my loan. Very helpful."
Isiah, Dunedin
"Instant Finance rocks! Always finding ways to help whanau with unforeseen bills. Love it!"
Louise, Hastings
"Just the best people to deal with!"
Kelly, Christchurch
"Service is efficient and sufficient. Very helpful, thank you."
Ken, Warkworth
"I feel I am treated professionally and respectfully by all personnel at Instant Finance and they are always very friendly and helpful to me"
Elizabeth, Avondale, Auckland
"Excellent customer service, Kuini and staff at Onehunga are thoughtful and really listened to us. The process was thorough, and we really felt we were listened to."
Katherine and Howard, Manurewa Auckland
"Linwood Instant Finance has great people, customer service and are lovely and kind to talk to. Recommend these guys to everyone"
Renee, Christchurch

Applying online

Get the cash you need when you need it with our fast, online loan approval process.

Our fast online loan application service is perfect if you need to apply for finance quickly without having to leave your couch or call into an Instant Finance branch first!

Applying for a loan online not only saves you time, but also speeds up your processing time. Win, win!

Before you get started, here are some bits and pieces you'll want to have handy to make the process even quicker:

 

  • A valid ID, such as a current New Zealand Drivers Licence or Passport.
  • Proof of income – this can be a bank statement, or if self-employed, an annual return.
  • Proof of your address – a tenancy agreement or a recent utility bill (e.g. telephone or power bill in your name).

Applying at your nearest Instant Finance branch

With 25 Instant Finance branches across New Zealand, many of our customers prefer to apply for a loan in-branch with the assistance of our friendly and helpful staff. They can help answer any questions you may have on the spot, such as how your interest rate is calculated, how to apply for a small cash loan, managing a bad credit history, the impact credit and debt have on interest rates, loans for beneficiaries, instant cash loans, debt consolidation loans, and more.

To find your closest Instant Finance branch visit our Branches page.

More about the online loan application process

  • If you have any questions about applying for a loan online, you can call us on 0800 760 000 (during working hours), and we can assist you with any concerns. Alternatively, you can visit our frequently asked questions page for more general queries.
  • Applying for online loans with Instant Finance is both safe and secure. Our online application form uses a secure internet communications protocol (HTTPS) to ensure that the information you submit is secure and safe. We are proud to be a responsible lender.

To begin your journey to apply for a loan online, complete our loan application, or call us on 0800 760 000 with any questions.

Concerned a bad credit score or past finance may affect you when applying for a loan online?

We know that things don't always go to plan, but we're here to help. As a responsible lender, we listen to your unique loan circumstances and can make lending decisions that are both responsible AND fair for you. Find out more about getting online loans for bad credit.

Our knowledgeable and friendly staff are here to help too and will take the time to understand your current financial situation. From there, our team can establish whether a loan is the best option for you and even help you plan a household budget to make sure you stay on top of your loan repayments.

How Instant Finance loans work at a glance

  • Instant Finance interest rates for personal loans range from 9.95% to 29.95% per annum.
  • Personal loans are required to be repaid by equal instalments of principal and interest over a loan term of between three months and three years.
  • Various fees such as an Establishment and Administration fee apply. Full details of all fees are available here.

     

  • An example:

    • The amount repayable of your loan is made up of your interest rate, plus fees. For example, if borrowing $10,000 repayable over 3 years at an interest rate of 29.95% you would be required to make 156 weekly instalments of $102.96. This repayment is made up of interest, an establishment fee of $270 and an administration fee of $3.00 per instalment.

      Total interest would be $5,323.76 with total fees of $738 making the total payable over the full term $16,061.76.

Loan terms

Our minimum loan term is 3 months, and our maximum loan period is typically 7 years.

Interest rates

Instant Finance provides loans at an annual interest rate from 9.95% to 29.95% per annum.
The rate that applies to your loan will be based on a range of factors including your circumstances, credit history with us or others, the security you can provide and the loan amount.

Once set, the interest rate is fixed for the term of your loan.

Default interest rate

If you get behind in your loan repayments, then we may charge a default interest rate on any overdue loan payments, while they are unpaid.

For our Personal Loan Product, the Default rate that we charge is 10% per annum above the Interest Rate that normally applies to your loan.

For our Consumer Loan Product, the Default rate that we charge is 10% per annum.

On this basis the maximum annual interest rate charged would be 39.95%

Loan fees

Some or all of the following fees are payable at loan commencement, these may be added to the amount you borrow:
Loan establishment fee
A one-off set up fee for your loan.

From $100 to $220 depending on amount of new money borrowed.

Digital ID Verification Fee
A per verification charge through a 3rd party where we meet face to face

$2.55 per person

Digital & Biometric ID Verification Fee
A per verification charge through a 3rd party where the loan is transacted remotely.

$7.70 per person

Security Registration fees
For secured loans where we register an interest in Personal Property items provided as security

$8.05

Administration Fee
A fee payable on each instalment due date of your loan

$3 (per instalment)

Credit and Default fees
Default or other fees that can arise during the course of a loan are shown in our full fee schedule.

Loan Example:

The amount repayable of your loan is made up of your interest rate, plus fees. For example, if borrowing $10,000 repayable over 3 years at an interest rate of 29.95% you would be required to make 156 weekly instalments of $102.54. This repayment is made up of interest, an establishment fee of $220, an ID verification fee of $7.70 and an administration fee of $3.00 per instalment.
Total interest would be $5,300.54 with total fees of $695.7 making the total payable over the full term $15,996.24.