Cash Relief Payday Loans

Cash Relief offers short term loans of up to $600, covering your expenses until your next payday.

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New Zealand payday lender Cash Relief can help you with your unexpected and emergency costs. With loans from $100 to $600 and with bad credit options, Cash Relief could be the solution you are looking for.

You could have a cash advance in as little as one hour to help you pay off anything from medical bills to car payments. Read on if you want to know whether you qualify for a Cash Relief short term loan.

Compare loans on offer from Cash Relief

Name Product Maximum Loan Amount Loan Term Turnaround Time Loan Interest Minimum Monthly Repayment Establishment Fee Account Administration Fee
Up to 42 days
Overnight, or within 60 minutes with fast payment
250% p.a
$58 (less for loans under $400)
$6.10 per month (paid in advance)
Cash Relief offers short term loans of up to $600. Eligiblity: Be over 18, working full time and not rely on welfare payments.

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Types of loans from Cash Relief

Cash Relief specialises in short term loans, helping you cover your expenses if you find yourself short of cash until your next payday. Loans from Cash Relief can range from $100 to $600 and be taken out for a period of up to 42 days. First-time applicants can borrow up to $200, depending on their approved Cash Relief credit limit.

You can repay your loan in a maximum of 42 days if you are paid weekly or fortnightly, or one month if you are paid monthly. The repayments of your first loan will help determine your credit limit for your second Cash Relief loan.

Why should you consider taking out a Cash Relief short term loan?

If you find yourself facing unexpected or emergency expenses you should consider a short term loan from Cash Relief.
Cash Relief short term loans include the following features:

  • Ability to make additional repayments. Cash Relief allows you to pay your loan back early at no additional cost. This means you can save on the daily interest your loan will accumulate.
  • Fast cash. For an additional fee of $5, you can receive your funds just one hour after your loan is approved. Keep in mind, the exact time the funds become available to you will depend on your bank.
  • Low minimum amount. You can borrow as little as $100 from Cash Relief so you won’t have to use a credit card for small unexpected expenses.

How much will it cost you to borrow from Cash Relief?

To take out a loan from Cash Relief, you will be charged an administration fee of $86.00. All Cash Relief loans have an interest rate of 250% p.a and establishment fee of $58 based on borrowing amount. If you wish to receive your funds within 60 minutes of approval, you must pay an additional fast transfer fee of $5.

The following additional fees may apply:

  • Dishonour fee – $10
  • Ezidebit dishonour fee – $14.95

Are Cash Relief loans safe?

Cash Relief is a Registered Financial Services Provider and uses Acorn Finance 2012 Limited as its financial service provider. Cash Relief is also a member of Financial Services Complaints Limited. You can contact Cash Relief during business hours at 0800 081 080.

How to apply for a short term loan from Cash Relief

If you meet Cash Relief’s eligibility requirements, click on “Go to Site” in the table above, to start your loan application:

Applying involves the following steps:

  1. Fill out the online application.
  2. Wait for Cash Relief to verify your details and do a credit check.
  3. Digitally sign your credit contract.
  4. Receive your funds overnight, or within 60 minutes with fast payment.

To qualify for a Cash Relief loan you need to:

  • Be at least 18 years old.
  • Earn at least $450 per week (full time employment).
  • Have your wages paid regularly into your bank account.
  • Earn over half of your total income from paid employment.
  • Not rely on welfare payments.
  • Not be self-employed.
  • Not be bankrupt or with a lot of debt.
  • Have access to the Internet, email and a mobile phone.
  • Provide an original or scanned copy of your driver’s license/passport number during the application process.

Frequently asked questions

Go to Cash Relief's website

Acorn Finance 2012 Limited is registered with the Registrar of Financial Service Providers. Their registration number is FSP246365.

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