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Finance Direct Personal Loan

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Secured loans starting from 6.49% p.a. from a Kiwi lender

Finance Direct has over 20 years’ experience in providing loans to New Zealanders. As well as being a non-bank lender, Finance Direct launched the peer-to-peer platform Lending Crowd in 2015.

This provider offers loans for personal, auto and debt consolidation use and aims to keep the loan process as simple as possible for its customers.

6.49% - 24.95%

Interest Rate (p.a.)


Max. Loan Amount


Minimum Credit Score


Product NameFinance Direct Personal Loan
Interest Rate (p.a.)6.49% - 24.95%
Min. Loan Amount$2,000
Max. Loan Amount$200,000
Loan TermUp to 60 months
Turnaround TimeWithin 24 hours
More Info

Features and benefits of a Finance Direct loan

  • Secured loans. All Finance Direct loans require either full or partial security with a home, property or boat.
  • Options for bad credit. If you have bad credit, it still might be possible to get approved with a higher interest rate and guarantor.
  • Fixed interest rate. The rate you are given when you sign your loan agreement will not change over the course of your loan term.
  • Loans for self-employed. If you are self-employed, Finance Direct may be able to help you get the finance that you need.

Types of loan Finance Direct offers

  • Personal loan. A Finance Direct Personal Loan comes with flexible financing terms and a fixed interest rate starting from 6.49% p.a. You can use a personal loan for debt consolidation, unpaid bills, a dream holiday or something else.
  • Auto loan. An auto loan from Finance Direct can be used to purchase a new car, truck, boat or motorcycle from a dealer or private seller. Interest rates start at 6.49% p.a. with 6-60 month loan terms.

How to apply for a loan from Finance Direct

Before applying for a Finance Direct Personal Loan, make sure that you meet the eligibility requirements and have checked the rates and fees against other comparable lenders. When you are ready to start, you can fill in an application form on the Finance Direct website.

Eligibility requirements

  • Be at least 18 years of age
  • Be a New Zealand citizen or permanent resident

Information and documentation

As Finance Direct accepts loan applications from people that are self-employed or have bad credit, the documents that you will need to supply can vary. As a starting point, you can expect to be asked for:

  • Valid photo ID: Passport or driver’s license
  • Proof of address: A recent utility bill, bank statement or government letter
  • Proof of income: Bank statements and/or payslips

What other products does Finance Direct offer?

  • Property loan. If you are self-employed, it can be difficult to meet normal bank lending criteria for a mortgage. Finance Direct offers low-doc home loans with competitive low-interest rates starting from 3.39% p.a.
  • Business loans. Finance Direct provides business loans for business acquisition, business cash flow, assets and machinery. Interest rates start from 6.97% p.a. with loan terms of up to 60 months. Repayments can be tailored to meet your business requirements with business assets used as security.

Compare personal loans

Data updated regularly
Name Product Interest Rate (p.a.) Min. Loan Amount Max. Loan Amount Loan Term Monthly Service Fee Establishment Fee
The Lending People Personal Loan
6.99% - 26.99%
1 to 7 years
$0 - $10 depending on lender
$50 - $695 depending on lender
Eligibility: Be 18+, an NZ citizen or permanent resident, in employment and earning at least $500 per week.
Secured and unsecured loans of up to $75,000 from a variety of reputable lenders.
Max Loans Secured Personal Loan
6.99% - 29.95%
1 - 7 years
$0 to $10 depending on lender
$195 to $1,500 depending on lender
Eligibility: Be 18+, an NZ citizen/permanent resident, and have an income of least $400 per week.
Harmoney Unsecured Personal Loan
6.99% - 24.69%
3 or 5 years
$200-$450 depending on loan size
Eligibility: Be a NZ resident/citizen and have a good credit score.
Apply for an unsecured personal loan up to $70,000 with no early repayment fees.
LoanSpot Secured Personal Loan
8.95% - 27.95%
12 - 60 months
$0 - $10 depending on lender
$195 - $695 depending on lender
Eligibility: Must be 18+, be an NZ citizen/permanent resident, and have an income of least $400 per week.
Secured personal loans from $3,000.
Better® Secured Personal Loan
6.95% - 23.95%
12-60 months
$0 - $10 depending on lender
$195 - $695, depending on the lender
Eligibility: Must be 18+, be an NZ citizen/permanent resident, and have an income of least $400 per week.
Secured personal loans from $3,000.
Gem Secured Low Rate Personal Loan
6 months to 7 years
Eligibility: Be 18+, a permanent NZ resident and earning a stable income.
Secured, low-rate personal loans for those with an excellent credit history. Weekly, fortnightly or monthly repayment schedules and no fees for early repayment.
Lending Crowd Personal Loan
5.03% -19.30%
2, 3 or 5 years
$200-$1,450 depending on the amount borrowed
Eligibility: Be an 18+ NZ permanent resident, have a good credit history and collateral/security.
Secured and unsecured personal loans from $2,000 to $200,000. 100% online with no paperwork or early repayment fees.

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