No Fees, No Charges | Focused on Long Term Financial Wellbeing | Friendly & Community Based
What are these loans for?
The above is a guide only. Your community loan worker can discuss loan purposes with you. Loans are not for cash or existing bills.
Our DEBTsolve programme combines specialist debt coaching and advocacy with debt solution loans for unmanageable debt.
Who are these loans for?
You may be able to apply for a no or low interest loan if your yearly income is less than the amounts listed in the table below:
These amounts are a guide only.
These thresholds are current as at 1 April 2021 and are subject to change.
limited incomes improve their quality of life
“When you can’t eat what you like, everything is very bleak & dark. The loan has made an enormous, huge difference.”
– Maria, paid for dental work.
“I really liked that they made sure I would be able to keep up with the repayments and not be left in financial strife.”
– Nicky, bought a used car.
“My daughter has health problems & has to go to hospital. Now I’ve got a vehicle to take her to the medical centre.”
– Billy, bought a used car.
- $300- 2,000 at 0% interest p.a.
- $2,000 – $5,000 at 6.99% interest p.a.*
- Debt solution loans as part of the DEBTsolve programme – up to $15,000 at 6.99% interest p.a.*
- Up to three year term
- Repayments are worked out based on your budget and what you can repay
- No fees or charges
How do they work?
Call your local community loan worker
StepUP Loan only – If you are offered a loan you’ll have 30 days to confirm the item(s) you intend to purchase and provide evidence as to the cost. Approved purchase only, paid directly to suppliers/creditors (no cash loans).
*BNZ terms and conditions and lending criteria apply.
**Loans between $5,000 and $10,000 may be provided as part of our DEBTsolve programme.