What’s good about Good Loans?

August 11, 2021

Our Good Loans programme is designed to give you a helping hand whilst improving your long term financial wellbeing.

Our no interest Good Loans provide a fair and affordable way for you to purchase essential items or services.

The loans are up to $7,000 and can be used for second-hand cars, car repairs, new household appliances, computers, course costs or medical expenses.

Debt solution loans may also be available as part of our DEBTsolve programme. DEBTsolve combines debt coaching, advocacy and debt solution loans of up to $15,000 to help with unmanageable debt. 

Good Loans provides an alternative to third-tier lending and reduces the risk of high interest. It has no fees or charges, is not-for-profit and is community-based – making it a fair option for a loan. 

How does it work?

First you’ll arrange an appointment with your Good Loans Advisor or phone-based Good Loans Advisor – depending on where you are in Aotearoa.

Next you’ll work with your Good Loans Advisor to choose the right Good Loan for you.

There are no credit checks for our no interest loans.

Once you’ve selected the appropriate loan together, you’ll fill out an application for a Good Loan with your Good Loans Advisor. This includes looking at your expenses, existing debts and budget to ensure you’re ready for the loan.  

Then we will assess your application to make sure your loan payments are manageable.

If the application is successful, your Good Loan payment will go directly to the supplier of the services and goods you need – meaning these loans are not for cash.

If your application isn’t successful, your Good Loans Advisor will be able to offer other forms of support that may be useful, or work with you to reapply in the future.

What do our clients say?

We’ve seen Good Loans have a life-changing impact on our clients’ lives.

Clients can buy an essential item like a car, washing machine or laptop that has a real impact on their day-to-day life.

Our client Aroha shared:


“I don’t know where my daughter and I would be without my car. Knowing that I can just take my daughter to A&E if I need to is really important to me. It’s given me so much independence.”

Click here to read Aroha’s story

We’ve also seen clients gain the skills and knowledge they need to make more informed financial decisions as part of the application process that includes a financial conversation with a Good Loans Advisor.


You may be able to get a no interest Good Loan if your yearly income is less than the amounts listed in the table below:

You also need to:

Enquire today

To find out more about Good Loans or to find your nearest Good Loans Advisor visit our Good Loans page

Or if you want to enquire now online, click the button below. 

Family in the sun

Good Loans, is a joint initiative with BNZ and supported by MSD, designed to support those who need a financial helping hand whilst improving personal and financial wellbeing.

Picture of Good Loans team

Good Loans team

Good Shepherd NZ

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