Secured personal loans from 9.9% p.a.*

Secured loans

At 9.9% p.a.* NZCU Baywide offers one of the lowest interest rates for secured loans in New Zealand.^

Do you need some extra cash for a new car, a family vacation or home improvements? If you have assets to be used as security, we could offer you low interest rates with our secured personal loan. 

^Source: as published on www.interest.co.nz as at 25 July 2017. 

Don’t wait

Apply now

Secured personal loan from

9.9%

p.a.*

Affordability and credit score criteria apply 

• Completely online

• Fast and easy application

• Minimum $2,000

 

What is a secured loan?

A secured loan is where you (the borrower) use an existing asset be it a car, property or item of fiscal value to act as a security deposit on your loan. Offering an asset to act as security on your loan will enable you to borrow larger amounts of money and gives you access to a better, lower interest rate than if your loan was unsecure. However, in the event that a borrower is unable to repay their loan, the asset could be repossessed in order to cover the costs of the loan.

An NZCU Baywide secured loan is typically secured by a vehicle. A secured loan allows us to offer you a secure personal loan of greater value than the security you provide. The amount we are prepared to lend you will vary on your affordability and credit score. Additional terms and conditions may apply.

Fill out our online loan application form today to see what we can do for you. At NZCU Baywide we don’t just focus on how the numbers look on paper, we listen to your story and help you save.

If you have any additional questions or want to talk with a member of our team, call us on 0800 229 943 or email us today.