What to expect when applying for a Good Loan
We follow the government’s Responsible Lending guidelines, which means that before you commit to a loan, we have to make enquiries so we can be
Our no interest Good Loans are designed to help New Zealanders with limited incomes purchase essential household goods and services.
Good Loans
Focused on long term financial wellbeing
Good Loans are designed to help New Zealanders on limited incomes buy essential items to improve quality of life.
Standard Good Loans can help with buying new items or services, and DEBTsolve Good Loans can help with debt solutions to consolidate debt.
Scroll down for more information before making an enquiry.
We are currently experiencing high demand and it may take several days for our team to get back to you.
Please note:
We provide loans for essential items, but not for cash, vacations, or normal household bills like food or future rent.
If you are a single-person receiving job seeker payments as your main income, we are currently unable to assist with a loan.
If you need urgent financial assistance please contact MSD or go to MoneyTalks to find your nearest financial mentor.
What are these loans for?
The above is a guide only. Our Good Loans team can discuss other loan purposes with you. Loans are not for cash or existing bills.
Our DEBTsolve Good Loans combine debt coaching and advocacy with a possible debt solution loan for unmanageable debt.
Who are these loans for?
You may be able to apply for a no interest loan if your yearly income is less than the amounts listed in the table below:
These amounts are a guide only.
Our loans are designed to help New Zealanders with
limited incomes improve their quality of life
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.
How do they work?
1. ASK
Ask about our loans by talking to one of our Good Loans team. Find contact details below.
2. APPLY
Choose which loan is right for you, then fill out the paperwork with help from our Good Loans team.
3. ASSIST
Our Good Loans team will assist you with your options (including managing existing debts).
4. ASSESS
Our lending team will assess your application & make sure your loan payments are manageable.
5. APPROVE
If approved, we will pay the supplier directly for your item.
How much will I need to pay?
Repayments are examples only. Approved purchases only, paid directly to suppliers/creditors (no cash loans).
“The repayments process is great, it’s all automatic so I don’t need to do anything. The affordability has been spot on. To be honest, I haven’t even noticed the repayments.”
To make an enquiry please complete one of these forms:
For all regions except Christchurch
For Christchurch residents only
Good Loans rights and responsibilities
Good Shepherd New Zealand and the community organisations who work with us to deliver Good Loans take your rights very seriously.
Set out below is what you can expect from us and what we expect from you.
Additional information
Good Loans terms and conditions
Terms and conditions summarises important information relating to your Good Loan.
These form part of our loan offer so we recommend you take some time to read them.
Good Loans privacy statement
This explains what happens to your personal information when you enquire about or participate in the Good Loans programme.
Repayments are examples only. Approved purchases only, paid directly to suppliers/creditors (no cash loans).
*Good Loans lending and affordability criteria apply.
**DEBTsolve loans may be provided alongside debt coaching and advocacy as part of our DEBTsolve Programme.
Related
How Good Loans helped with Aaria’s busy life
Single mum of three, Aaria*, works nights, which means her car is essential to provide for her family while also maintaining their everyday routine. “My
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