Good Loans

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. 

Our loans are designed to help New Zealanders with
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

Up to $10,000 6.99% interest P.A.
  • $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 
Repayments include interest and are approximate only.

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

Call The Salvation Army 0800 854 009

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

More useful resources

StepUP low interest loan
No interest loan

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.

Good Shepherd NZ, Bank of New Zealand and Ministry of Social Development