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Zealy Unsecured Personal Loan

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No need to wait around for an answer. Zealy will tell you if you are approved or not within 60 seconds.

Powered by The Lending People, Zealy provides online unsecured personal loans to New Zealanders. Being 100% online, the loan process is quick and stress-free, and you can enjoy lower fees since there are no shopfronts or high overheads to take into consideration.

Whether you are looking for a personal loan for car repairs, travel, dental work, home renovations, pet care or to buy an engagement ring for that special someone, Zealy offers unsecured loans of up to $10,000 with 36 months to pay.

12.99% - 24.99%

Interest Rate (p.a.)

$1,000

Max. Loan Amount

N/A

Minimum Credit Score

Details

Product NameZealy Unsecured Personal Loan
Interest Rate (p.a.)12.99% - 24.99%
Min. Loan Amount$5,000
Max. Loan Amount$1,000
Loan TermUp to 36 months
Turnaround TimeSame day
More Info

Features and benefits of a Zealy loan

  • 60-second decisions. Once you submit your application form you’ll get a response within 60 seconds. This is applicable to both applications made during business hours and after hours.
  • Personalised rates. Zealy loans have an interest rate of between 12.99% - 24.99%. The rate you receive will be based on your credit score and current financial situation.
  • Overnight payments. Your loan will be credited to your bank account overnight, but in some cases, you may have money in your account the same day you apply.
  • Loan amount. You can borrow between $1,000 and $5,000 when you take out a personal loan with Zealy.
  • No early repayment penalty. If you pay back your loan early, you won’t be penalised with early settlement fees.
  • 100% online. Zealy Unsecured Personal Loans are 100% digital so you don’t need to leave home to sort out your finance.
  • Unsecured loans. All Zealy Unsecured Personal Loans are unsecured, so you can still apply even if you don’t have any assets.
  • Loan top-ups. As long as you have a good repayment history, you can top up your loan after 6 months.
  • Credit Contract Indemnity Insurance (CCI). This optional insurance covers your loan repayments when you are not able to. When an unexpected event such as an accident, terminal illness, disablement, death or redundancy occurs, you can have peace of mind that your payments are taken care of without putting a burden on your family or credit score.

How to apply for a loan from Zealy

Before applying for a Zealy Unsecured Personal Loan, make sure to check the interest rate, fees and features against other comparable lenders. If you meet the eligibility requirements and are ready to start your application, head to the Zealy website and click on ‘Apply Now’.

Eligibility requirements

  • Be 22 years of age or older
  • Be a New Zealand citizen or resident
  • Be employed
  • Have an acceptable credit history
  • Have a New Zealand Driver’s Licence or passport for ID verification

Information and documentation

When you complete the application form you will be asked to enter your personal details, income and expense information. You will also need to upload a copy of your photo ID.

So that Zealy can verify your income and expenses, you will need to have internet banking and give permission for Zealy to access it. This is done securely using bank-grade technology.

Zealy is not able to see your password or do anything other than view the last 90 days of bank statements.

Zealy does not accept emailed bank statements so if you are not comfortable with your income being electronically verified then a Zealy personal loan may not be for you.

Once you submit your application you will receive a credit decision within 60 seconds. You can then review your loan agreement and sign your contract online from your laptop, tablet or mobile phone.

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%
$2,000
$75,000
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 Secured Personal Loan
8.95% - 27.95%
$3,000
$75,000
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%
$3,000
$250,000
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.
Harmoney Unsecured Personal Loan
6.99% - 24.69%
$2,000
$50,000
36 to 60 months
$0
$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.
Max Loans Secured Personal Loan
8.35% - 27.90%
$1,000
$100,000
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.
Take out a loan before 24 December 2020 and be entered into a draw to win a trip to Queenstown for 2. Ts&Cs apply.
Nectar Unsecured Personal Loan
8.95% - 29.95%
$1,000
$20,000
6 months to 4 years
$0
$240
Eligibility: Must be 18+, an NZ citizen or permanent resident, have an income of $400 per week or more (after tax) and a stable credit history.
Unsecured loans from $1,000 with payouts made within one day of approval. Applications entirely online.
Lending Crowd Secured Personal Loan
5.03% -15.44%
$5,050
$200,000
3 or 5 years
$0
$450 - $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 $5,050 to $200,000. 100% online with no paperwork or early repayment fees.
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