Personal Loans Directory — New Zealand 2026
Compare personal loans from major banks, online lenders and credit unions. Links go directly to official websites. Rates are approximate and depend on your credit profile.
New Zealand Personal Loan Providers
Click the website links to visit the official lender pages. Starting rates shown are indicative for well-qualified borrowers and change frequently.
| Lender | From Rate (p.a.) | Typical Amount | Term | Website |
|---|---|---|---|---|
| Harmoney Online | from ~6.99–7.99% | $2,000 – $100,000 | 1 – 7 years | harmoney.co.nz |
| Simplify Online | from ~7.25% | Varies (often vehicle-focused) | 1 – 5 years | simplify.co.nz |
| Heartland / Finance Now Online | from ~8.95% | Varies | Varies | heartland.co.nz |
| Nectar Online | 9.95% – 29.95% | $2,000 – $40,000 | 6 mo – 5 years | nectar.co.nz |
| GEM Online | 9.99% – 29.99% | Varies | Varies | gemfinance.co.nz |
| BNZ Bank | from ~12.65% | $1,000 – $30,000 | 3 – 60 months | bnz.co.nz |
| ANZ Bank | ~13.90% | $3,000 – $50,000 | 6 mo – 7 years | anz.co.nz |
| ASB Bank | ~13.90% | From $2,000 | 6 mo – 7 years | asb.co.nz |
| Westpac Bank | from ~13.90% | Up to $50,000 | 6 mo – 5 years | westpac.co.nz |
| Kiwibank Bank | from ~13.95% | Varies | Varies | kiwibank.co.nz |
| Co-operative Bank Bank | from ~8.99% | $3,000 – $50,000+ | 6 mo – 5 years | co-operativebank.co.nz |
| Unity Credit Union | secured from ~9.90% | $2,000 – $60,000 (secured) | 1 – 7 years | unitymoney.co.nz |
| First Credit Union Credit Union | from ~10.95% | Varies | 1 – 5 years | firstcu.co.nz |
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Quick Guide to Personal Loans in New Zealand
Banks vs Online Lenders
Major banks (ANZ, ASB, BNZ, Westpac, Kiwibank) often charge higher rates but may offer convenience for existing customers. Online lenders such as Harmoney frequently offer more competitive risk-based rates.
Credit Score Matters
Your credit history strongly influences the rate you receive. Stronger profiles unlock the lowest advertised rates from specialist lenders.
CCCFA Protections
All lenders must comply with the Credit Contracts and Consumer Finance Act. They are required to assess affordability and provide clear disclosure of rates and fees.
Check the FSPR
Only deal with lenders registered on the Financial Service Providers Register (FSPR). Reputable lenders display their FSP number clearly.
Frequently Asked Questions
What is a competitive personal loan rate in NZ?
For strong credit, rates starting around 7–10% p.a. are competitive. Bank unsecured rates are often higher (around 13–14%+). Always compare total cost including fees.
Can I get a personal loan with average credit?
Yes. Specialist and non-bank lenders often have more flexible criteria, though rates will be higher. Credit unions can also be a good option for members.
Do applications affect my credit score?
A hard credit check can have a temporary impact. Some lenders and brokers offer soft checks or pre-qualification first.
Are early repayments allowed?
Most modern personal loans allow early repayment. Some charge fees — always check the loan terms before signing.
This page is an educational directory only and does not constitute financial advice, a credit offer or a recommendation. Interest rates, fees and eligibility criteria change frequently and depend on your individual circumstances. Always verify current details on the lender’s official website and consider seeking independent advice. Lenders must comply with the Credit Contracts and Consumer Finance Act 2003. We are not affiliated with any lender listed.