Unsecured personal loans

Borrow without using a car or home as security.

Searching for “unsecured” or “no-security” loans? We’ll compare suitable options from our lending partners that are assessed on your income, expenses and credit profile.

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Why an unsecured loan?

Practical finance, no collateral required

If you don’t own a home, don’t want to encumber a vehicle, or simply prefer not to pledge security, an unsecured personal loan could be a fit. We’ll help you compare options and shape a structure that works for your budget.

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No asset on the line

Borrow without using a car or property as security.

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Assessed on your profile

Lenders consider income, expenses and credit history.

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Use it for all sorts

From consolidating debt to home essentials or repairs and more.

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Transparent costs

We outline interest, fees and term so you can compare total cost - not just the rate.

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Before you choose unsecured, know the trade-offs

The best choice balances access, cost and repayments:

  • Borrowing limits can differ - Unsecured loans may have lower maximums than secured options.
  • Pricing reflects risk - Rates and fees can be higher without collateral; compare the total cost over the term.
  • Your profile matters - Income stability, expenses and credit history influence eligibility and pricing.
  • Repayment flexibility - Check whether extra/early repayments are allowed and if fees apply.
  • Only borrow what you need - The right amount and term help keep interest paid in check.
  • Consider alternatives - If you have suitable security, a secured loan might cost less overall.

Not sure what fits? Tell us your goal and budget — we’ll map the options in plain English.

Borrowing with confidence

Clear advice for unsecured loans

Choosing unsecured? We’ll map the path—documents, affordability and next steps—so the process fits your circumstances.

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Choose the right type

We’ll explain unsecured vs secured in your situation and model the cost differences before you decide.

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Structure that fits

Balance amount, term and features so repayments work for your cash flow - without surprises.

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Plain talk, no jargon

  • Straight answers, realistic timeframes and quick updates from a NZ-owned team.

Check your unsecured loan options

Answer a few questions, see indicative repayments, and decide if you want to proceed. There’s no obligation — and a human is here if you’d like a second opinion.

Your questions, answered

Unsecured loan FAQs
Considering an unsecured loan? These are the questions we hear most—about eligibility, costs and documents—answered simply so you know what to expect.

What is an unsecured personal loan?

A loan that doesn’t use a car, home or other asset as collateral. Approval and pricing are based on factors like income, expenses and credit history.

Are unsecured loans more expensive than secured loans?

Often, yes — removing collateral can mean higher rates/fees. We’ll show the total cost side-by-side so you can choose confidently.

How much can I borrow without security?

It depends on affordability, your credit profile and lender criteria. 

Do I need a guarantor?

Typically not, but some lenders may allow or require one in certain cases. We’ll make this clear if it applies.

What documents will I need?

Usually NZ photo ID, recent bank statements, proof of income (e.g., payslips) and proof of address. We’ll let you know.

Can I repay early?

Many lenders allow extra or early repayments; terms and any fees vary. We’ll flag this up-front.

Will checking options affect my credit score?

We can often give an initial view without impact. A full application usually involves a credit enquiry on your file.

*Fixed interest rates for vehicle loans range from 7.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. Fixed interest rates for 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. 

Fees apply, including an establishment fee of up to $350 and an introducer fee of up to $995. Also, lenders may charge a PPSR fee of between $0 and $14. For example: On a loan of $10,000 over 24 months at 9.95% p.a. with Establishment and Introducer fees totalling $495 and a PPSR Fee of $7.39, the total amount to repay is $11,627 which is 24 monthly payments of $485. Those amounts don’t include ongoing fees, such as Service Fees, charged by the lender. You can find full fee information in the loan contract. We recommend that you check the fees before accepting the loan offer. See more about lender fees here.

Approval is subject to meeting lending criteria, and affordability test applies. Our lender will independently assess whether you are eligible for a loan.
Same day payout subject to the applicant meeting the above conditions and completing loan documentation by 12pm.