Debt consolidation

Take the juggle out of debt with one simple loan. Fixed interest rates, fast decisions* and tools to help you reduce debt faster. Better borrowing for a better future.

Three minute application. Fast decisions.


Our benefits

Take charge with debt consolidation

Fixed Interest Rates

From the least to the most you could expect to pay, we tell you straight away. No hidden rate ranges. No surprises.

Debt Reduction Support

Only at better - tools to help you pay your consolidated debt off faster, and save on interest costs. Use our calculator below.

Fast response

Three minute online online application. Lending decisions in three hours or less. And same-day payout*. We won't keep you waiting.

Have a question or two?

Being better informed makes for better decisions.
Check out our handy FAQs and get in touch if you’d like to know more.

Expert debt restructuring

Juggling debt can be stressful and costly. At better™, our team will take the time to talk with you about your debt consolidation application and ensure you are fully aware of the process. We’re here to help you turn difficult debt into one manageable loan, with one repayment and one interest rate. Get back in the driver’s seat of your debt management.


We’re responsive.
We keep it breezy

We built our approach with you, and your time in mind. If you're looking for a fast application decision*, we can have an answer quick smart. Plus, at better™, there's no need to email bank statements or copies of your ID - our smart tech does the work for you, saving you time and hassle. From our quick three minute application, right through to transferring the funds, we've got your time in mind. *Affordability test applies.


We champion

We're on a mission to - bit by bit - make borrowing better.

For example, one of the things we know that understandably frustrates Kiwis, is hidden fees.

Well not at better™. Like to know what you’re signing up for with no surprises? That’s how it should be. At better™ there’s just clear, transparent information about rates and costs. Because clarity, in our book, is better.


What can we help
you make happen?

Big goals, personal possibilities and everything
in between. How can we help you?

  • Apply in three minutes
  • Fast application decisions
    *Affordability Test Applies
  • Smart technology to assess your application faster
  • No deposit finance available
  • Fixed interest rates and no surprises
  • Funds transferred in less than 24 hours


Debt consolidation - the details

Being better informed makes for better decisions. Have a question or two? Check out these helpful FAQs or get in touch with the team.

Can I consolidate existing debt into my new loan to have one payment?

Yes. Debt consolidation loans are very common and are a great way to help people budget better, get on top of their outgoing payments and pay off debt faster and usually at a combined lower rate of interest.

How much can I borrow?

Our minimum loan amount is $3,000 and maximum is $100,000. How much you can borrow within this range depends on your personal circumstances and affordability. It’s important to borrow only what you need and to ensure you can comfortably meet your repayment obligations for the term of your loan. Our team is expert at helping you determine your personal borrowing sweet spot.

How long does it take to approve the loan?

We work hard with our clients to collect all the right information up front before we assess the application. Helping us to approve loans faster, usually within the hour.

What are repayments and what is the frequency?

The repayments of a loan are determined my a couple of factors. Mainly amount borrowed, interest rate and the term of the loan. We have a great calculators for you to run the numbers and see how these factors can suit your budget.
Repayments can be made weekly, fortnightly or monthly via direct debit.

How do I repay my other loans that I am consolidating?

For a debt consolidation loan, we will request for a full settlement statement for all of the debts and credit cards that we are repaying with the new loan. We will pay the finance company directly so you don't have to remember to do so.
It can take a few days for finance companies and credit card companies to allocate the payment to your account to close it on their system.

Have a question? We’re here to help

Our 20+ strong team are better-borrowing champions – we’re for any questions, big or small.

Or request a call here:

One of the team will call you asap within business hours

1. *Fixed interest rates for vehicle and personal loans range from 9.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60 month loan term. The actual interest rate charged to you will depend on your circumstances, the type of lending required, the security provided, and is determined by the lender. 
2. Fees apply, including an establishment fee of up to $450 and an introducer fee of up to $995.
Example: A loan of $5,000 over 12 months at 10.95% p.a. has fees totaling $495 and a total repayment of $5,832.00 equating to 12 monthly payments of $486.00.
3. Approval is subject to meeting lending criteria, and affordability test applies. Our lender will independently assess whether you are eligible for a loan. 
4. One hour application decision subject to affordability test, the applicant meeting the lending criteria and supplying all the required information to process the loan application.
5. Same day payout subject to the applicant meeting the above conditions and completing loan documentation by 12pm.