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Max Loans: From personal to car loans, and more

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Rather than applying to different lenders to find the right loan, Max Loans does all the hard work for you.

Whether you are looking for a loan for a new car, that dream holiday, home renovations or unexpected bills, Max Loans offers loans tailored to each individual.

It welcomes applications from Kiwis that may have trouble getting finance elsewhere, for example, if you have bad credit or are wanting to buy a classic car.

Max Loans is not a direct lender but acts as a broker to find you the right loan for your needs. It works to understand your unique situation and then negotiates with its pool of lenders to organise a loan agreement to suit.

9.95% - 29.95%

Interest Rate (p.a.)


Max. Loan Amount


Minimum Credit Score


Product NameMax Loans Personal Loan
Interest Rate (p.a.)9.95% - 29.95%
Min. Loan Amount$1,000
Max. Loan Amount$50,000
Loan TermUp to 7 years
More Info

Features and benefits of a Max Loans loan

  • Higher chance of approval. Through having access to a range of lenders, you have a – higher chance of getting approved when applying with Max Loans.
  • No early repayment penalty.If you want to pay back your loan before the end of the loan term, you may not need to pay a penalty depending on which lender Max Loans has arranged your loan through.
  • Range of loan terms. Max Loans will work with you to find a repayment schedule that suits your budget. Interest rates are assigned based on your credit and financial profile, so if you have a good credit rating, you may end up with a lower interest rate.

Types of personal loans available

Max Loans has a range of loan options to suit the needs of different individuals:

  • Secured personal loan. If you have a vehicle or property, you can apply for a secured personal loan to pay for anything that you need.
  • Unsecured personal loan. An unsecured personal loan doesn’t need an asset to be held as collateral, but it does have stricter lending criteria.
  • Bad credit loan. If you have bad credit and have been unable to secure a loan through your bank, Max Loans may be able to help. Having a second chance to pay off a loan can improve your credit profile for the future.
  • Car loan. You can apply for a car loan if you have already found your dream car through a private seller or dealer, or if you want pre approval before you start shopping. All licence types are considered and loan terms can be extended to up to seven years.
  • Classic car loan. While many major lenders won’t finance classic car purchases, Max Loans has been working with car enthusiasts for many years. You can take out a loan to buy a classic car through a private seller, dealer or auction.
  • Debt consolidation loan. If you are struggling to keep on top of your debt, you can apply for a debt consolidation loan. This can pay off credit cards, store finance, personal loans or other debts so you have one loan and one repayment to worry about. You may also save on interest and fees to pay off your debt faster.
  • Emergency loan. You can use an emergency loan to pay for unexpected bills that come up such as medical expenses, funeral costs, vet bills or car repairs.
  • Holiday loan. If you’re planning a dream holiday but don’t have the funds to book everything now, a holiday loan can help with booking tickets when you see a deal that you like.
  • Home renovation loan. With a home renovation loan, you can borrow up to $100,000 unsecured without needing to refinance your mortgage.
  • Wedding loan. There are a lot of costs involved when planning a wedding, so a wedding loan can help you to pay for things like your wedding dress, venue and catering.

You can use the loan calculator on the Max Loans website to work out how much you can borrow based on what you can afford to pay, or find out what the repayments will be based on your desired loan amount and loan period.

Note that this loan calculator includes fees and uses a interest rate and your actual rate may be higher or lower.

What other products does Max Loans offer?

Business loans

Max Loans offers business loans from $5,000 to $300,000 for purchasing assets, expanding your business or for extra cash flow during difficult times. It works with lenders to negotiate the best loan based on your unique situation.

You must have been trading for at least six months and have a minimum monthly income of $6,000.

Home loans

Max Loans also has a mortgage business called Max Mortgages. Home loans are available for buying a first home, building, investment properties and for buying land.

Max Mortgages works to find the right loan agreement through a range of lenders and negotiates on your behalf.

How to apply for a loan from Max Loans

Before applying for a loan, you can use the ‘Quick Assessment’ tool on the Max Loans website. This asks you some basic questions to check your eligibility. If the result says that Max Loans may be able to help, you can click on ‘Apply Now’.

Once you have submitted your application, an account manager from Max Loans will contact you to let you know the outcome or ask for additional information. If approved, your loan will be paid out as quickly as possible.

A guarantor may be required for some applicants.

Eligibility requirements

  • Be at least 18 years of age
  • Be a New Zealand citizen or permanent resident
  • Earn $400 or more a week

Information and documentation

The online application takes around 10 minutes to complete and you’ll be asked to enter details about where you live, your employer, income and any assets you own. You can also provide information about any bad credit issues that may show up on a credit check.

You will need to send Max Loans a copy of your photo ID and bank statements for the last two months.

Further documentation and information may be required depending on the type of loan you are applying for and your financial profile. Your Max Loans account manager will advise you on what is needed.

Compare personal loans

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
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.
LoanSpot Unsecured Personal Loan
8.95% - 27.95%
12 - 60 months
$0 - $10 depending on lender
$195 - $995 depending on lender
Eligibility: Must be 18+, be an NZ citizen/permanent resident, and have an income of least $400 per week.
Unsecured personal loans from $3,000.
MTF Finance Secured Personal Loan
8.45% - 20.45%
3 - 60 months
Eligibility: Must be 18+, be an NZ citizen, resident or have a work visa, and have a regular source of income.
Secured personal loans from $2,000.
Harmoney Unsecured Personal Loan
6.99% - 24.69%
36 to 60 months
$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 $50,000 with no early repayment fees.
LoanHub Unsecured Personal Loan
9.95% - 27.95%
12 - 60 months
$0 - $10 depending on lender
$195 - $995 depending on lender
Eligibility: Must be 18+, be an NZ citizen/permanent resident, and have an income of least $400 per week.
Unsecured personal loans from $3,000.
Pioneer Finance Secured Personal Loan
11.95% - 27.95%
Up to 7 years
$270 - $780 depending on size and security
Eligibility: Be 18+ (may need a guarantor); be a NZ citizen, resident or have a relevant work visa; have a regular source of income
Secured personal loans from $1,000 - $100,000.
Nectar Unsecured Personal Loan
8.95% - 29.95%
6 months to 4 years
Eligibility: Must be 18+, an NZ citizen or permanent resident, and have an income of $350 per week or more (after tax).
Unsecured loans from $1,000 with payouts made within one day of approval. Applications entirely online.
Lending Crowd Secured Personal Loan
3 or 5 years
$250-$1,450 depending on the amount borrowed
Eligibility: Be an 18+ NZ permanent resident, have a good credit history and collateral/security.
A secured personal loan from $2,000 to $200,000 with repayment instalment options.

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