Wedding Loans

1. What is a wedding loan?

A wedding loan is a fixed-term personal loan used to cover wedding-related costs like venue deposits, catering, photography, attire, and décor. You repay it in regular instalments with a fixed interest rate, so your repayments stay the same.

See more: Guide to Smart Wedding Loans in NZ

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

You can apply to borrow $2,000–$40,000 on terms from 6 months to 5 years, subject to lending criteria and affordability checks. Choose weekly, fortnightly or monthly repayments to match your pay cycle.

3. What interest rates and fees will I pay?

Personalised fixed interest rates currently range from 11.95% 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 the full breakdown on the Rates & Terms page.

4. How fast can we get the money?

Complete the online application (about 7 minutes) to receive an instant quote with your rate, eligible amount and repayment options. If approved and your digital contract is signed, we aim to pay funds the same day (during processing hours).

5. What can we use a wedding loan for?

Anything wedding-related: venue and catering deposits, photographer/videographer, entertainment, attire, flowers, transport, and even contingency for last-minute changes.

Helpful read: Five Ways to Finance Your Dream Wedding

6. How do we keep to our budget without cutting the magic?

Prioritise the moments that matter, get multiple quotes, trim guest numbers, and lock in off-peak dates if possible. DIY selectively (stationery, favours) and track spend weekly.

Tips: Where to Splurge and Save on Your Wedding

7. Can a wedding loan cover the honeymoon too?

Yes—many couples include a modest honeymoon budget in the same loan for simplicity. Build in flights, accommodation and travel insurance, and keep a buffer for exchange-rate shifts.

Read next: Planning your dream honeymoon (a loan can make it possible)

8. Is using a loan smarter than putting it on a credit card?

For larger, planned expenses, a fixed-rate loan provides predictable repayments and a clear end date. Credit cards can be useful for small, short-term costs but unpaid balances often attract higher, variable rates.

Overview: Smart Wedding Loans in NZ

9. Can we make extra repayments or repay early?

Yes. You can make extra repayments or repay early at any time, and there are no early repayment penalties. Paying sooner reduces total interest.

10. What if our plans (or prices) change?

If costs come in lower, pay extra to finish earlier. If they rise, you may be eligible to apply for a top-up (subject to lending criteria). Keep receipts and update your budget as suppliers quote.

11. Do we qualify for a wedding loan?

As a guide, applicants should be 18+, a NZ citizen or permanent resident, have a regular NZ income and valid photo ID, and no serious bad debts or defaults. All applications are subject to responsible lending checks.

12. What do we need to apply?

Have your NZ driver licence or passport, internet banking access, and details about your income, expenses and living situation. Providing complete info helps us assess and fund faster.