Nectar uses risk-based pricing: your rate is personalised based on your unique circumstances and is fixed for the life of the loan. Unsecured interest rates typically range from 9.95% p.a. to 29.95% p.a., with clear, upfront fees and no early-repayment penalties. You can check your rate online first in about 7 minutes using our 100% onine process; getting a quote does not affect your credit score.
• Credit profile: recent repayment behaviour, arrears/defaults, enquiries, and overall credit mix.
• Income stability and affordability: regular income, essential expenses, and existing assets and commitments .
• Bank account conduct (e.g. too many failed payments may prevent you from receiving a loan offer).
• Interest rates (fixed): 9.95%–29.95% p.a. (see calculator and product pages).
• Establishment fee: $240. Admin fee: $1.75 per repayment.
• Loan sizes: typically $2,000–$50,000. Terms: about 6 months to 5 years.
• No early repayment penalties; you can make extra or lump-sum repayments anytime.
Getting your personalised quote uses a soft credit check and won’t affect your score. If you accept the final offer and proceed, a hard credit check is recorded on your credit file. Making on-time repayments cmay help build your credit score.
• Make sure you maintain a strong credit score.
• Keep clean bank account conduct (avoid dishonours/excessive gambling).
• Provide accurate information and connect your bank securely to speed verification.
Nectar Money outlines rates, fees, and terms up front, and runs responsible-lending checks under New Zealand requirements. You’ll see the exact interest rate, fees and total cost before you e-sign.
• Check your personalised rate online (soft check only).
• Review the rates/terms information and the calculator to understand fees and total cost.
• Apply online in about 7 minutes and, if approved and signed within processing hours, funding is often same day.
* A Nectar Money loan requires responsible borrowing checks and must meet standard borrowing criteria. Interest rates 9.95% - 29.95% p.a. fixed. $240 establishment fee, $1.75 admin fee per repayment apply. Please see our privacy policy and rates and terms or visit our FAQs for the most up to date information. This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Nectar Money, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional. We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
