Low interest NZ personal loans from 8.9% p.a.*

Special offer

Canstar Personal Loan

Our 8.9% p.a.* secured personal loan and 11.9% p.a.* unsecured loan are some of the lowest personal loan rates NZ wide.^

Are you thinking of purchasing a new car? Maybe you want to upgrade your home or take your family on a much deserved trip? Whatever your intention, a personal loan from NZCU Baywide could be just what you need to finance your next step in life. Read more about our loans.

^Source: as published on www.interest.co.nz as at 12 January 2017. 

Don’t wait

Apply now

Select the flexible personal loan rate that suits you

secured finance from
8.9% p.a.*

minimum $2,000

affordability and credit score criteria apply

unsecured finance from
11.9% p.a.*

minimum $2,000

affordability and credit score criteria apply

At NZCU Baywide, we don’t just focus on credit scores or how the numbers look on paper. We listen to your story and work with you to find the best personal finance option available for your situation. We offer competitive rates for both, secured and unsecured personal loans. Use the loan calculator above to find out how much you could borrow and how much you could save by getting a personal loan from NZCU Baywide.

Personal finance rates

Our interest rates are priced using a risk matrix that takes into consideration a range of factors including you credit score and affordability. Based on the assessment of your financial information provided we will assign a risk grade and the corresponding interest rate could apply.

Secured personal loan rates

Risk grade Orange Yellow Green Blue
Interest rate %p.a. 8.90% 13.90% 17.90% 21.90%


Unsecured personal loan rates

Risk grade Orange Yellow Green Blue
Interest rate %p.a. 11.90% 15.90% 19.90% 23.90%


Note: These are indicative rates only and may be subject to change without notice.

More information on our loans

  • We have flexible personal loan terms available from 6 to 60 months
  • No early repayment fees - you have the option to make lump sum repayments and pay your personal loan off faster
  • View our personal loan rates and fees here

When applying for a personal 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 loan

+ $200 approval fee

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


Set up over a term of 3 years (156 weeks) at 8.9%p.a. interest = weekly repayments of $111.34


Have questions about our personal loans?

You may find the answer on one of the pages below:

If you have not found your answer, please feel free to contact us.


Helpful Guides and Information


What can I use my personal loan for?

The short answer? Absolutely anything! At NZCU Baywide we don’t decide what you do with your money. Instead, we simply facilitate the loan process, so that as soon as the money hits your account you’re free to live your best financial life.

Whether you choose to pay off some of your debts, step outside your door and explore the world, or simply renovate your kitchen; here are just a few of the ways you could spend your NZCU Baywide personal loan:

Debt consolidation loans

Are your debts are weighing you down? A debt consolidation loan can help you break free from the dreaded debt cycle and start your journey on the path to a better financial life. So whether it’s credit cards, hire purchases or overdue utility bills, a debt consolidation loan can bring all of your debts together into one easy-to-manage monthly repayment with a lower interest rate that can save you time and money.

Car & vehicle financing

Whether you’re picking up a shiny new set of wheels, or financing a used vehicle, we can make the purchasing process easy and ensure you’re behind the wheel sooner rather than later with our pre-approved car loans. A pre-approved car loan will give you the confidence, power and knowledge that you have the finance ready and waiting when the perfect set of wheels comes along.

Holiday & travel loans

Are you holding off on the holiday of your dreams? Need a little extra spending money to make it a trip to truly remember? With a holiday loan from NZCU Baywide, you can finally turn those dreams into reality, and return with the Instagram selfies and holiday snaps to prove it. Just be sure to send us a postcard while you’re out there.

Home renovation loans

Home improvements are one of the easiest, most effective ways to add value to your property. But even if the idea of selling the family home is foreign to you, they’re still a great way to transform the way you live. A long-awaited extra room, perhaps? Or maybe the kitchen of your dreams? It’s all possible with a loan for home renovations.

Unsecured or secured personal finance - what’s the difference?

At NZCU Baywide we specialise in both secured loans and unsecured loans. Typically, secured loans are obtained by using collateral as a form of security - such as a vehicle or boat - which can grant you a larger loan amount and a smaller interest rate. While an unsecured loan, on the other hand, is obtained without the use of collateral or security, resulting in a higher rate and a smaller loan amount.

Keep reading to learn more about how these loan types differ, how assets are used as collateral, as well as which is right for you.

Continue reading 'Unsecured or Secured Finance - What's the Difference?'

What do I need to consider when comparing personal loan providers?

There are more New Zealand personal loan providers competing for your attention than ever before. But beware: not all providers are created equal. Interest rates, fees and charges all vary wildly from one provider to the next. So how do you know which provider is best for you? Read on as we share the 5 things you should consider when comparing loan providers that’ll help you make an informed financial decision.

Continue reading 'What do I need to consider when comparing personal loan providers?'

Use our personal loan calculator above and apply online for your personal loan today. Contact us for more information or to speak with our team.

Applying for a personal loan? Our guides will help you through the process.