The Lending People car loan

Easily apply online for car loans up to $75,000 with a decision in minutes.

The Lending People finds you the right car loan by matching your profile to the lending criteria of its loan partners.

You can borrow from $2,000 to $75,000 with an interest rate determined by your financial situation and have up to 7 years to repay.

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Product NameThe Lending People Car Loan
Interest Rate (p.a.)6.99% - 26.95%
Min. Loan Amount$2,000
Max. Loan Amount$75,000
Loan SecuritySecured,Unsecured
Loan Term1 to 7 years
Turnaround TimeVaries with lender
More Info

Pros and cons


  • Decisions in 60 seconds
  • Secured, partially secured and unsecured loans available
  • Borrow up to $75,000 with up to 7 years to repay
  • 100% online process
  • Track your application process from your phone
  • Interest rates start at 6.99% p.a.


  • A broker fee applies
  • Early repayment fees

What to consider with a car loan from The Lending People

The Lending People acts as a broker to well-known and respected lenders like Unity, Avanti Finance and Gem Finance to help you get the best loan for your circumstances.

The Lending People prides itself on being able to finance anything with an engine including cars, bikes, boats, recreational vehicles, farm machinery, and motor-homes – accepting all credit types and all licence types.

Features and benefits of financing your vehicle with The Lending People

  • Find the best loan for your circumstances. By connecting with a range of lenders, The Lending People can secure the right car loan based on your situation
  • Interest rates. Interest rates range from 6.99% - 26.95% p.a., and the rate that you get is based on your creditworthiness.
  • Loan terms. Loan terms are between one year and seven years, but it’s possible to get a term of up to nine years for loans secured by a property.
  • Borrowing amount. You can apply to borrow between $2,000 and $75,000 for a car purchase.
  • Fast decisions. Once you submit your application, you’ll receive a decision in as little as a minute.

How much does the loan cost?

The Lending People works with a range of lenders to find the best car loan for you so fees are dependent on the specific loan provider.

These could include an establishment fee, an account maintenance fee, a direct debit fee and/or a security fee. Early repayment fees apply if you pay the full amount before the end of the term.

You may need to factor in a broker fee of up to $995 if you aren’t an existing customer.

How to apply for a loan from The Lending People

Before applying for a loan from The Lending People, check that you meet the eligibility requirements and understand the interest rates and fees that may be applicable to your loan.

Eligibility requirements

  • Be 18 years of age or older
  • Be a New Zealand citizen or permanent resident
  • Be in full-time or part-time employment, or self employed
  • Earn at least $500 per week
  • Not currently bankrupt or in financial hardship

Information and documentation

You will need to supply the following with your application:

  • A New Zealand driver’s licence or passport
  • A recent payslip
  • Bank statements for the last 90 days
  • Proof of address
  • Details of the car you are buying, including its make, model, license plate number and year

Bottom line

The Lending People work with a number of lenders to help you get the best car finance for your situation. You can finance a car purchase of up to $75,000 with interest rates starting from as little as 6.99% p.a.

Compare car finance

Name Product Interest Rate (p.a.) Loan Amount Loan Term Establishment Fee Requirements Table description
Simplify Secured Car Loan
6.50% - 12.95%
$5,000 - $500,000
12 - 60 months
$100 - $500
Requirements: NZ citizen/permanent resident, income of at least $500/month.
See how much you could borrow without affecting your credit score.
MTF Finance Secured Car Loan
10.50% - 22.50%
$2,000 - $100,000
3 to 60 months
Requirements: NZ citizen/permanent resident or have a work visa, have a regular source of income.
Secured car loans from $2,000.
AA Money Car Loan
7.95% - 18.95%
$3,000 - $100,000
12 months - 60 months
Requirements: NZ citizen/permanent resident or visa holder, earn $30,000+ /year (before tax).
Loan approval within an hour.
The Co-operative Bank Unsecured Personal Loan
6.99% - 17.75%
$3,000 - $50,000
6 months - 5 years
Requirements: NZ citizen/permanent resident or have a valid work visa.
Floating-rate, unsecured personal loans from $3,000.
Lending Crowd Secured Car Loan
6.45% - 17.23%
$5,050 - $200,000
3 or 5 years
$350 - $650
Requirements: NZ citizen/permanent resident, have a good credit score.
100% online with no paperwork or early repayment fees.
Nectar Unsecured Car Loan
8.95% - 29.95%
$1,000 - $30,000
6 months - 4 years
Requirements: NZ citizen/permanent resident or have a work visa, income of $400/week (after tax), stable credit history.
Payouts made within one day of approval. Applications 100% online.
CarFinance2U Car Loan
8.95% - 23.95%
$5,000 - No max.
1 - 5 years
Requirements: NZ citizen/permanent resident.
Get pre-approved for your next car in 30 minutes.

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