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100% online

7-minute quote

Interest rates

from 7.95% p.a.*

Borrow from

$2K - $50K

Direct lender

100% kiwi

Unsecured personal loans up to $50k.

$2,000
$50,000

per

Over

Total Payable: $27,363
Repayments as low as
$105.24
Get a personalised estimate
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Won’t affect your credit score.

*Nectar Money's personalised interest rates are from 7.95% - 29.95% p.a fixed based on your unique circumstances. A $240 establishment fee and $1.75 admin fee per repayment applies. Calculator results are a guide based on an 11.95% interest rate and include the above fees.

Get your personalised loan quote as soon as 4:10 pm*

  • 01

    Simple, 7 minute application

    Apply online today and get your personalised loan quote.

  • 02

    Choose a loan option

    Select the amount and payment option that suits you.

  • 03

    Receive funds as soon as today

    If approved, we aim to have the funds in your account the same day as your contract being signed online.

Check your rate
*Nectar Money's personalised interest rates are from 7.95% - 29.95% p.a fixed based on your unique circumstances, and is subject to responsible lending checks, credit criteria and terms and conditions. A $240 establishment fee and $1.75 admin fee per repayment applies.

Up front rates with no hidden fees

  • Loan sizes

    $2,000 - $50,000

  • Establishment fee

    $240. $1.75 admin fee per repayment

  • Interest rates

    7.95% - 29.95% p.a. fixed

  • Loan terms

    6 months - 5 years

Loan Features

  • Loans are unsecured
  • No early repayment penalties
  • We fix your personalised interest rate for the life of the loan
  • You can make repayments weekly, fortnightly or monthly depending on your pay cycle
Find out more about Nectar's interest rates and fees

Eligibility Criteria

  • You must be 18 or over
  • You must have an income of $350 per week (after tax) or more
  • You must be a permanent resident or citizen of New Zealand
  • You must not have any serious bad debts or payment defaults
  • You must have a New Zealand driver's licence or New Zealand passport

What Is an Unsecured Loan?

1. What is an unsecured loan?

An unsecured loan lets you borrow without using an asset (like a car or home) as collateral. You’ll make fixed repayments over a set term, and your offer is based on your credit profile and affordability.

See more: What types of debt should be avoided?

2. How is an unsecured loan different from a secured loan?

Secured loans use an asset as security and may suit larger amounts for eligible borrowers; unsecured loans don’t require collateral, keeping things simple and fast. Choose based on your needs, budget and risk tolerance.

Compare options: A smarter secured loan option (how it works)

3. How much can I borrow and for how long?

You can apply to borrow $2,000–$50,000 with terms from 6 months to 5 years, subject to lending criteria and affordability checks. Pick weekly, fortnightly or monthly repayments to match your pay cycle.

4. What interest rates and fees apply?

Personalised fixed interest rates currently range from 9.95% p.a. to 29.95% p.a. Standard fees include a $240 establishment fee and a $1.75 administration fee per repayment. There are no early repayment penalties.

See details: Rates & Terms

5. How fast can I get the money?

The online application takes about 7 minutes. If approved and documents are signed, funds are typically paid the same day during processing hours.

Helpful read: Choosing the right consolidation loan

6. What can I use an unsecured loan for?

Common uses include consolidating higher-cost debt, car expenses, moving costs, weddings, travel, medical or vet bills, and home essentials. Build a realistic budget before you apply.

Ideas & tips: Personal loans for renters in NZ

7. Do I qualify?

As a guide, applicants are typically 18+, a NZ citizen or permanent resident, have a regular NZ income (around $350+/week after tax), and no serious bad debts or payment defaults. All applications are subject to responsible lending checks.

8. Will applying affect my credit score?

We may run a credit check as part of responsible lending. Checking your own score is a soft inquiry and doesn’t affect it. Making on-time repayments can help improve your score over time.

Learn more: Understanding your credit score in NZ

9. Is an unsecured loan good for debt consolidation?

Often, yes. Replacing multiple higher-cost debts with one fixed-rate loan can simplify repayments and may reduce interest. Compare total costs and avoid borrowing more than you need.

Guide: How to choose a consolidation loan

10. Can I repay early or make extra repayments?

Yes. You can make extra repayments or settle early with no early repayment fees. Paying off your balance sooner reduces the total interest you pay.

Smart borrowing: Debts to avoid (and why)

11. What documents do I need?

Have your NZ driver licence or passport, internet banking access, and details about your employment, income and expenses. Providing complete information speeds up assessment and funding.

12. How do I keep repayments affordable?

Choose a term and frequency that fit your cash flow, set up automatic payments, and consider small extra repayments when possible. If your situation changes, contact us early.

Also useful: Credit score tips that can help with future borrowing

Our latest resources

Keen to better manage your personal finances or understand how personal loans work? We explain how to make better financial decisions, regardless of your personal situation.

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