Instant Finance Personal Loans

Instant Finance is an independent lender with an extensive branch network, a good option if you want to sit down and talk about your loan.

Updated

For a branch-based borrowing experience, look at Instant Finance. The lender provides a flexible personal loan product which you can apply for online, or at any of the over 20 branches across New Zealand.

Established for over 45 years, Instant Finance has branches on both the North Island and the South Island. The company offers secured and also unsecured loans, you can apply for loans to cover a lot of different needs including home and car repairs as well as debt consolidation and tax payments.

Finder NZ does not currently have access to this personal loan. Please review the loan details, application criteria and terms and conditions on the lender website if you are considering applying for this loan.

Types of personal loans from Instant Finance

Whatever you need the funds for, you can apply for a loan at Instant Finance. Here are some of the types of loans Instant Finance can help you with.

  • Unsecured personal loan. You can apply for a personal loan at Instant Finance without posting any collateral. The lender will evaluate your ability to repay and quote an interest rate based on your credit history.
  • Secured personal loan. When you apply for a personal loan you also have the option to offer your own home or another asset as security, such as a boat, as collateral in which case the lender may offer you better lending terms including a lower interest rate.
  • Car loan. Instant Finance offers car loans which you can use to finance the purchase of a new car. You can borrow over a term of three months all the way up to three years.

Features of an Instant Finance personal loan

With many branches around the country Instant Finance can offer a personal service, with loans including these features:

  • In-branch service. Visit any one of the over 20 branches of Instant Finance to personally discuss your borrowing requirements.
  • Fast online applications. Alternatively, you can also apply online using the straightforward Instant Finance application form. The company will respond quickly and request any further information it needs to complete your application.
  • Variable establishment fees. Small loans carry a lower establishment fee than larger loans, so you are charged a set-up fee consummate to the amount you are borrowing.
  • Flexible repayment period. You can select a repayment period as short as three months, or as long as three years, subject to the Instant Finance lending criteria.
  • Choice of loan amounts. Instant Finance can help you with a quick cash loan for a small amount, or with a larger loan that helps you to finance the purchase of a high-priced asset.

What other products does Instant Finance offer?

Instant Finance provides a number of other consumer finance products, including:

  • MYHome homeware and finance. Purchase a range of homeware including appliances through Instant Finance’s MYHome service, which includes the option to arrange a loan to pay for your purchases.
  • Personal and vehicle insurance. Instant Finance can help you obtain insurance for a range of personal risks as well motor vehicle and breakdown insurance.
  • Easy Driver used cars and finance. You can find help purchasing a used car and get finance too via Easy Driver, a subsidiary of Instant Finance.

Eligibility requirements

  • Age minimum. You need to be at least 18 years of age to apply.
  • Residency. You must be resident in New Zealand as a permanent resident or citizen, or have a valid work permit.
  • Minimum income. Instant Finance does not publish a minimum income requirement, but the company will evaluate your ability to repay the amount you are applying to borrow.
  • Credit file. You’re more likely to be approved if you have a clear credit file, free of missed payments.

Necessary documents and information

  • Proof of identification. Once you’ve applied you will need to supply valid ID.
  • Security on offer. The application form includes a question on what security you can offer as collateral for the loan, including vehicles or your home.
  • Bank statements. Instant Finance will request bank statements once your application has been assessed.
  • Full income details. Include details on your source of income including the name of your employer.

Compare alternative personal loans in New Zealand

Data indicated here is updated regularly
Name Product Interest Rate (p.a.) Min. Loan Amount Max. Loan Amount Loan Term Monthly Service Fee Establishment Fee
Harmoney Unsecured Personal Loan
6.99% - 29.99%
$2,000
$50,000
36 to 60 months
N/A
$200-$450 depending on loan size
Apply for an unsecured personal loan up to $50,000 with no early repayment fees. Eligibility: Be a NZ resident/citizen and have a good credit score.
Pioneer Finance Personal Loan
11.95% - 27.95%
$1,000
$100,000
Up to 7 years
$12
$270 - $780 depending on size and security
Secured personal loans from $1,000 - $100,000. Eligibility: Be 18+ (may need a guarantor); be a NZ citizen or permanent resident; have a regular source of income
Nectar Personal Loan
8.95% - 29.95%
$1,000
$20,000
6 months to 4 years
N/A
$240
Unsecured loans from $1,000 with payouts made within one day of approval. Applications entirely online. Eligibility: Must be 18+, an NZ citizen or permanent resident, and have an income of $400 per week or more (after tax).
Admiral Finance Secured Personal Loan
13.95% - 23.95%
$1,000
$50,000
6 to 60 months
N/A
$125-$595 depending on loan size
A secured loan from $1,000 to $50,000 with a quick online application process. Eligibility: Be an 18+ permanent NZ resident, have collateral/security, earn at least $450 per week.
Lending Crowd Personal Loan
6.49%-16.78%
$2,000
$200,000
3 or 5 years
N/A
$250-$1,450 depending on the amount borrowed
A secured personal loan from $2,000 to $200,000 with repayment instalment options. Eligibility: Be an 18+ NZ permanent resident, earn $30,000 or more, have a good credit history and collateral/security.
QuickLoans Personal Loan
9.95% - 23.95%
$1,000
$20,000
6 to 60 months
$12
$95-$595 depending on loan size
Borrow up to $20,000 and apply online within 5 minutes. Eligibility: Be over 18, hold permanent NZ residency, have collateral/security, earn at least $450 per week.
Teensy Personal Loan
22.95% - 29.95%
$1,500
$5,000
6-24 months
$15
$195
Eligibility: Must be at least 22; in full time employment or receive a full-time benefit; have a minimum income of $500 per week after tax; be a New Zealand citizen or permanent resident.
Save My Bacon Flex Loan
49.95%
$1,000
$5,000
8 - 52 weeks
N/A
$95
Medium term loans from $1,000 to $5,000 with no hidden fees. Eligibility: Be 18 or over, have an income of at least $400 per week and be a NZ citizen, permanent resident or have a valid work visa.
NZCU South Personal Loan (Unsecured)
10.90% – 28.90%
$2,000
$50,000
Up to 7 years
N/A
$250
An unsecured personal loan up to $50,000 with personalised repayment options. Eligibility: Be an 18+ permanent NZ resident or non-resident on a working visa, earn $500+ weekly.
ANZ Personal Loan
12.90%
$3,000
$40,000
6 months to 7 years
N/A
$115
NZCU South Personal Loan (Secured)
9.90% - 28.90%
$2,000
$50,000
Up to 7 years
N/A
$250
A secured personal loan up to $50,000 with personalised repayment options. Eligibility: Be an 18+ permanent NZ resident or non-resident on a working visa, earn $500+ weekly.
BNZ Advanced Personal Loan
12.65% (students/graduates) - 17.85% (standard)
$1,000
$30,000
3 months to 5 years
N/A
$50
Kiwibank Personal Loan
13.95% - 18.95%
$2,000
N/A
6 months to 7 years
N/A
$240, $0 for Graduate Pack customers
Loan Spot Personal Loan
9.95% - 24.95%
$3,000
$50,000
1-5 years
N/A
$276
Personal loans at fixed interest rates starting from 9.95% p.a and get funded within 48 hours.
MyFinance Secured Personal Loan
13.95% to 24.95%
$1,000
$30,000
Up to 48 months
N/A
$220-$420 depending on loan size
Secured personal loans from $1,000 with competitive interest rates. Eligibility: Be 18+ and an NZ resident
Gem Personal Loan
12.99% - 24.99%
$2,000
N/A
6 months to 7 years
N/A
$240
The Co-operative Bank Personal Loan
6.99% - 19.99%
$3,000
$50,000
Up to 5 years
N/A
$200
Max Loans Personal Loan
9.95% - 29.95%
$1,000
$50,000
Up to 7 years
N/A
Varies with lender
ASB Personal Loan
12.95% - 19.95%
$2,000
N/A
Up to 7 years
$2
$99
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