New project, new hobby, great idea or side hustle you want to breathe life into? Get your plans off the ground with a betterTM personal loan. Competitive rates, no hidden fees, and simple online application – just fast, fair lending.
7.95% - 19.95% p.a.
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. Fees apply, including an establishment fee of up to $150 and an introducer fee of up to $595. Approval is subject to meeting lending criteria, and affordability test applies.
From the least to the most you could expect to pay, we tell you straight away. No hidden rate ranges. No surprises.
Zero Hidden Fees
No hidden finance costs. Understand your offer before you commit. We believe in keeping lending simple.
Save On Interest Costs
The betterTM way - Make lump sum payments when it suits you. Pay off your loan faster and save interest. That’s better borrowing.
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 add the personal touch
We hand-picked our 20+ team with some important attributes in mind: people that love and understand finance, and folk that are driven to help our customers and ensure the process is well understood.
When you apply with betterTM, you’ll get a call from one of the team to discuss your application. It doesn’t take long, but in our book, it’s the most important step in making sure you get the best out of betterTM.
We champion better-borrowing
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 no ongoing fees and clear, transparent information about rates and costs to set up the loan.
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
Leading low interest rates and no surprises
Funds transferred in less than 24 hours
Personal loans – 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.
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.
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.
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 long does it take to get money in my account?
Using innovation and smart technology we can have loans funded on the same day as approval. Banks have their own processing times for the money to show up in your account, but usually received that same night.
Have a question? We’re here to help
Our 20+ strong team are better-borrowing champions – we’re for any questions, big or small.
One of the team will call you asap within business hours
1. *Fixed interest rates for loans range from 7.95% p.a. to a maximum of 19.95% 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 $150 and an introducer fee of up to $595. Example: A loan of $5,000 over 12 months at 9.95% p.a. has fees totaling $495 and a total repayment of $5,796.42 equating to 12 monthly payments of $483.03. 3. Approval is subject to meeting lending criteria, and affordability test applies. Our lender will independently assess whether you are eligible for a loan. We don't provide advice on whether a particular car loan offered by a lender is suitable for you. 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.