We have made loans easy. Our clever loan engine figures out your repayment capacity and determines a loan term that will make your repayments affordable for you, whilst making sure your loan repayments do not drag on.
Unlike some other lenders, we don’t do “pay day” loans. The loan terms we set are never less than 12 months, which means you don’t have to worry about making large unaffordable loan repayments!
Here you can see what your expected loan term will be depending on how much you’re approved for.
|Loan Amount||Term between:|
|$500 - $2,000||12 months||12 months|
|$2,001 - $5,000||24 months||36 months*|
*36 month terms only available for returning customers
The Annual Interest Rate applicable to our Smart Loans is a fixed rate of 36%.
The Annual Interest Rate applicable to our Small Loans is a fixed rate of 75%.
Zero, zip, zilch, nada!
Pay us back the balance of your loan, whenever you like, with no penalty!
Important Borrower Information
Here is some important information for anyone considering taking out a loan.
High-cost credit contracts, such as this, should not be used for long-term or regular borrowing and are only suitable to improve short-term cash flows.
When entering a credit contract you are agreeing to the financial schedule, terms and conditions, privacy disclosures and often an agreement to debit funds from your bank account. You should ensure you have read and fully understand the information in that contract before accepting or signing.
If you are unsure about whether you require a loan today or you would like further general information, you can access some on the NZ Government’s website www.sorted.org.nz
Wallet Wizard adheres to The Code of Responsible Lending and encourages its customers to be familiar with The Code of Responsible Borrowing. You can find a copy of these codes at www.familybudgeting.org.nz
Wallet Wizard refers to these resources as a part of our commitment to socially responsible lending. Wallet Wizard does not claim or imply any relationship or endorsement by the NZ Government in providing the links to these resources.