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.
Repayment details
REPAYMENT EXAMPLES
NO INTEREST LOANS
LOW INTEREST LOANS
- $300- $1,500 at 0% interest p.a.
- $1,500 – $5,000 at 6.99% interest p.a.*
- Debt solution loans as part of the DEBTsolve programme – up to $10,000 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?
1. ASK
Ask about our loans by contacting your community loan worker. Find yours below.
2. APPLY
Choose which loan is right for you, then fill out the paperwork with your community loan worker.
3. ASSIST
Your community loan worker will assist you with your options (including managing existing debts).
4. ASSESS
The loan provider will assess your application & make sure your loan payments are manageable.
5. APPROVE
If approved, the supplier is paid directly for your item.
Call your local community loan worker
Whangārei
Auckland
Hamilton
Tauranga
Rotorua
New Plymouth
Napier
Palmerston North
Porirua
Wellington
Christchurch
Invercargill
Hastings
Call BudgetFirst
06 878 0541
Nelson
Blenheim
Timaru
Oamaru
Central Otago
Dunedin
Balclutha
Call Presbyterian Support Otago
0800 477 711
Christchurch
Call Aviva
0800 2848 2669
If you are not able to visit your provider in person, please call our phone-based team
0800 466 370
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.
Step Up Advanced Personal Loan T&Cs 2021
BNZ Standard Terms and Conditions
Personal Account Service & Facility Fees
Latest resources
Good Loans: My second chance
How can I make a difference as a Tongan?
