These terms and conditions are the rules for the Nectar Money Credit Builder promotion (Rules).
The Rules apply to applicants applying for a Credit Builder loan (Participant).
Nectar Money’s credit builder loan is designed to help participants build their credit. Nectar Money reports repayment history to New Zealand credit bureaus so each on-time repayment helps build a stronger credit profile over time.
A Credit Builder loan is a $1,000 6 month interest free loan. Normal $240 establishment and $1.75 admin fee per repayment apply.
The offer is only open to Participants that have not had a Nectar Money loan.
This offer is not available with any other special offers from Nectar Money.
Nectar Money will only make 200 Credit Builder loans available.
Responsible lending checks and lending criteria apply.
Nectar can cancel or change the Rules at any time for any reason. This will not affect you if your Credit Builder Loan has already been approved.
We won’t be responsible for any costs, losses or damages incurred by you or anyone else in connection with the promotion. We do not provide any guarantee that taking a credit builder product will improve your credit score with a specific credit bureau.
We agree to observe your privacy rights under the Privacy Act 1993. You can read more about this in our privacy policy here. You agree to accept the terms of our privacy policy.
