Consolidate your debts and save

Paul and Trina save $1,416 per month!~

Secured loans from

9.9% p.a.^

Apply now

Here's how Paul and Trina reduced their monthly repayments:

Current debt 

Personal loans with ANZ, Finance Now, Heartland Bank and buy now pay later with Layby, Oxypay and Afterpay as well as a credit card with GEM.

How we helped

  • $50,000 personal loan approved by NZCU Baywide over a 7 year term
  • 14.90% p.a. secured interest rate

Repayment breakdown

  • Previous minimum monthly repayment was $2,381               
  • New minimum monthly repayment now $965             
  • That's a difference of $1,416 per month!

Find out more about debt consolidation here.   


Apply now

~Names changed for privacy reasons. The persons shown in the image above are stock photography models and are not members of Credit Union Baywide.

This example is calculated on a secured loan with full repayments made over a 7 year period at an interest rate of 14.90% p.a. Total repayments over the term of the loan would be $80,905.96 (indicative only). This calculation is intended as an example only and is not an offer from NZCU Baywide.  

^Variable interest rate. Terms and conditions and normal lending criteria apply. An approval fee of $250 and other fees apply. All interest rates and fees quoted are subject to change without notice. View our full list of rates and fees here.



Rates and loan information

loan value

$2K - $50K

loan term

6 mths - 7 years

interest rates

9.90 - 28.90% p.a.

approval fee



Personal finance rates

Our interest rates are priced using a risk matrix that takes into consideration a range of factors including an individual's credit score and affordability. Based on the assessment of an individual's financial information we will assign a risk grade and the corresponding interest rate could apply. Read more about our loans here.


Secured loan

Unsecured loan

Grade Interest rate p.a.* Interest rate p.a.*
Orange A 9.90% 10.90%
Orange B 11.90% 12.90%
Yellow A 13.90% 14.90%
Yellow B 15.90% 16.90%
Green A 17.90% 18.90%
Green B 19.90% 20.90%
Blue A 21.90% 22.90%
Blue B 23.90% 24.90%
Purple A 25.90% 26.90%
Purple B 27.90% 28.90%


View our interest rates and fees here

For information on our loan agreements and terms and conditions click here.

When applying for a credit loan it's important to consider all of the costs involved. 

Below is an example of the total costs included over the term of a secured vehicle loan:

$15,000 personal borrowing

+ $250 approval fee

+ $36.51 third party charges (credit check, vehicle check and registering security over vehicle)


Set up over a term of 3 years (157 weeks) at 9.9% p.a. interest = weekly repayments of $112.74.