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. Debt consolidation is available as part of our DEBTsolve programme.
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 – if you are eligible for a Community Services Card you may also be able to apply.
These thresholds are current as at 1 April 2020 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 consolidation loans 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
Nelson
Blenheim
Timaru
Oamaru
Dunedin
Balclutha
Christchurch
All other regions call Good Shepherd NZ 0800 466 370
Step Up Loan Terms and Conditions
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 for debt consolidation may be provided alongside debt coaching and advocacy as part of our DEBTsolve programme.
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