Why Choose The Lending People Car Loans in NZ?
Everything can be done online with The Lending People, from application, repayments, to checking fees and tracking the progress of your loan. They can help you save the time and effort required by matching you with the best lenders for your needs.
You need to be a permanent NZ resident or citizen who is 22 years of age or older
An income of at least $600 per week
Currently not under financial strains or bankruptcy
An NZ driver’s license
How does The Lending People Car Loans in NZ work?
You are able to borrow any amount between $5,000 and $75,000 for secured and partially secured loans. On the other hand, unsecured loans are limited up to $50,00 only. Going with a secured option of course, improves your chances of approval as well as significantly lowering your interest rates.
Interest rates typically range between 6.99% to 26.99% p.a., depending on the amount borrowed, as well as your personal circumstances and security provided. You can also expect broker fees between $250 and $995 depending on the complexity of the loan and other similar factors. Your loan terms can range from 1 to 7 years, depending on your own financial capability.