0800 399 666

What is " DEBT BUSTER LOAN "?
This personal loan is a debt consolidation loan taken over a short term at a low rate of interest. ( From 12.95%,,, subject to security and credit criteria ) 

Why are your interest quoted on the website?
We have our lead rates ( ie best available rates ) on the home page of the web site. The interest rate we can offer will be the most competitive available but will vary according to the client's security and individual circumstances.

What if my credit rating is poor?
Our flexibility allows us to deal with borrowers in all categories, however a higher interest rate would normally apply and additional guarantees may need to be put in place.

What do you mean by security?
To protect ourselves, we need to have first call on something you own. This could be a car, boat or property. Al  our loans are secured either fully or partially.

How long will my pre-approval last?
A pre-approval remains 'live' for 30 days.

Will my application remain confidential?
The only people who will see it are ourselves and the finance company with whom we place the business.

How much can I borrow?
The amount borrowed will depend on the borrower's credit history, ability to repay, and the security available.

How long does it take to process my application?
In straightforward cases, once we have acknowledged your application, we can get approval in an hour or two. If there are complexities, it could take 24 hours.

What are your application fees?
There are no up front fees applicable when applying for a loan, however once approved a documentation fee can sometimes apply. The amount of the documentation fee is dependant on the applicants deposit and creditworthiness.

Can I change the amount of my loan after it is approved?
Yes, just let us know you new requirements and we can process it without re-application, this is subject to the repayments still falling within your disposable income guidelines.

What is a credit reference?
Sometimes loans can only be approved subject to a statement from previous lenders that you have been able to make payments on similar loans in the past.

What is a guarantor?
Occasionally there will be a need for a loan to be guaranteed by a parent (or parent-in-law). The guarantor needs to be living in New Zealand and have a good credit rating. In a case of serious default on the loan, the guarantor will be legally responsible for any outstanding amount.

How are repayments processed?
Repayments need to be by automatic payment, direct debit or internet banking from your nominated bank account.

If my circumstances change can I pay back the loan early?
Yes!