Unsecured personal loans from 11.9% p.a.*

Unsecured loans

At 11.9% p.a.* NZCU Baywide offers one of the lowest interest rates for unsecured loans New Zealand wide.

Do you need money but don’t have any assets to offer as security? Our super low interest rates provide a great option – don’t hold off and apply today!

^Source: as published on www.interest.co.nz as at 23 May 2017. 

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Unsecured personal loan from

11.9%

p.a.*

affordability and credit score criteria apply

• Completely online

• Fast and easy application

• Minimum $2,000

 

What is unsecured finance?

Unsecured loans are a more expensive, but less risky form of loan for a borrower. Whereas with a secured loan you are required to provide an asset to use as collateral to secure the loan, no collateral is required for an unsecured loan. However, the trade-off for not having to use collateral for your loan are slightly higher interest rates and the amount you can borrow is usually lower. 

The criteria for unsecured finance is stricter and we will need to look a range of things including your affordability, job history, credit score and how much you're wanting to borrow. Similar to secured loans an unsecured loan can be used for just about anything, a holiday, home improvements, weddings, special events and much more. Interest rates for our unsecured loans are some of the lowest in New Zealand, starting from 11.9% per annum*.

If you want to apply for a loan, use our free online loan application form or call 0800 229 943 to speak with one our friendly team today. At NZCU Baywide we don’t just focus on how the numbers look on paper, we listen to your story to help you save.