Frequently Asked Questions

What is the eligibility criteria for a Nectar Money loan?

Nectar Money loans fit a wide variety of customers because each loan is tailored to each person’s unique credit situation and history. We look at overall affordability — not just a credit score — using secure digital verification for a fast, fair decision.

Our loan process is very quick and we will keep you informed along the way.

Borrowers must:

  • Be 18 years old or over.
  • Be a NZ citizen or permanent resident.
  • Have a NZ drivers license or NZ passport.
  • Have a NZ bank account.
  • Have an income of $350 per week (after tax) or greater.
  • Not have any significant unpaid defaults or previous bankruptcies.