Weekend loans

Need to apply for a loan at the weekend?

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comparison of loans

Short-term lenders are well-known for providing money when you need it, but there is a cut-off point if you need that cash at the weekend. So, if you find yourself at the end of the week and need a small loan to cover car repairs, emergency home repairs or another unexpected expense, this guide takes you through how to apply and receive the cash you need.

⚠️ Warning: be cautious with short-term loans

If you're experiencing financial hardship and would like to speak to someone for free financial counselling, you can call the MoneyTalks helpline operated by FinCap on 0800 345 123. It is open from 8:00am to 5pm, Monday to Friday and 10am to 2pm Saturday. When comparing short term loans, ensure you take into consideration any fees, charges and rates you may be charged.

Alternatives to short-term loans

Consider these alternatives before applying for a payday loan:

  • Use online Government resources. The Commerce Commission New Zealand website explains how loans works and what to be aware of when borrowing from a lender.
  • Payment plans. Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan or receive an extension on your due date if you’re behind on payments.
  • Contact your creditors. Speak with creditors about extending the due date of your payment, or working out a new payment plan that works for both of you. Seek personal loans elsewhere. Consider a small personal loan from a bank or a credit union. You may qualify for a loan with much lower interest rates than those offered by payday loan companies.
  • Pay with credit card. Consider paying with your credit card to cover your emergency bills or payments. This is not a long term solution, as you’ll need to pay off the balance as soon as possible, but it’s an alternative to a short term loan with high – and immediate – interest rates.

Moola Payday Loan

Borrow up to $5,000 and enjoy a flexible repayment plan.
  • Minimum loan amount: $100
  • Maximum loan amount: $5,000
  • Interest Rate: From 149.65% p.a.
  • Loan term: Up to 368 days
  • Turnaround time: Within the same day
  • Key requirements: Be 18+ years old, provide proof of recurring income
Moola Payday Loan
  • Simple application process
  • Fast turnaround time
  • $0 early termination fee
Go to site More info

Compare a range of short-term loans

Compare brands using the table below to help fund your weekend plans. If you want to read a review, click “more” or “Go to site” to submit an online application.

Name Product Maximum Loan Amount Loan Term Turnaround Time Loan Interest Minimum Monthly Repayment Establishment Fee Account Administration Fee
Moola Payday Loan
Up to 368 days
Within the same day
From 149.65% p.a.
Borrow up to $5,000 and enjoy a flexible repayment plan. Eligibility: Be over 18, have an ongoing source of income, working visa applicants accepted (conditions apply).
Cash Relief Short Term Loan
Up to 42 days
Overnight, or within 60 minutes with fast payment
250% p.a
$58 (less for loans under $400)
$6.10 per month (paid in advance)
Cash Relief offers short term loans of up to $600. Eligiblity: Be over 18, working full time and not rely on welfare payments.

Compare up to 4 providers

How can I apply for a weekend loan?

Receiving the cash before the weekend means submitting a complete application by the cut-off time. Here’s what you need to know to apply:


The eligibility requirements differ between lenders and you need to confirm these before you apply. Typically, you need to:

  • Be over 18
  • Earn a regular income
  • Be a New Zealand citizen or permanent resident
  • ID. You need to provide a form of photo ID, such as your driver’s licence; 18+ card or passport.
  • Bank statements. You need to supply 90 days of bank statements. Some lenders require your Internet banking logins to view these.
  • Income and employment. List how much you earn; your pay frequency; whether you’re employed (plus your employer’s details) or receive Work and Income payments.
  • Loan details. The lender needs to know how much you want to borrow and the duration of the loan.

What should I check before I apply?

There are a few brands out there who can offer you weekend finance. It’s important to compare your options before you apply, to ensure you’re getting a good deal. Here are some questions to ask yourself when looking at what’s available:

  • What fees and rates does the lender charge?
    Cost is an essential consideration when comparing weekend cash loans. Make sure you check out the lender’s product disclosure statement (PDS), so you know precisely the cost involved.
  • How long do I have to repay the loan?
    This differs in its terms and the flexibility of the repayment structure. Most repayment dates line up with your pay frequency, whether that is weekly, fortnightly or monthly.
  • How quickly will I receive my loan?
    You should check the lender’s turnaround time before you apply, to make sure you’ll receive the loan when you need it.

How else can you get money by the weekend?

There are other options you can consider if you need cash this weekend:

  • Credit card. If you already have a credit card, the turnaround time for weekend cash is instant. You can use your card to make a purchase or withdraw money using the cash advance feature. Just keep in mind the interest rate the card attracts and make sure you’re not spending above your means.
  • Personal loan. Some banks offer same-day personal loans to existing customers. If your bank doesn’t provide this, another lender may be able to offer you similar terms, although the approval time may take a bit longer.
  • Overdraft. Once an overdraft facility is set up, you can access the money whenever you need directly from your bank account.

Should you get a loan for this weekend?

Before you apply, consider the following:

  • Can you afford the repayments? The application process may be quick for weekend cash, but that doesn’t mean you should ask for more than you can afford. Do your due diligence before you apply and see if the repayments will work with your budget.
  • Is the lender reputable? Check the lender has a credit licence listed on its site and that it is easily contactable. It should also have its fees and charges clearly listed.
  • Are you eligible for the loan? Make sure you meet the minimum eligibility criteria before you apply. Submitting multiple applications in a short space of time can damage your credit report and make it harder to receive approval for credit in the future.

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4 Responses

  1. Default Gravatar
    TeNovember 11, 2018

    Am i able to get a loan?

    • Avatarfinder Customer Care
      joelmarceloNovember 13, 2018Staff

      Hi there,

      Thanks for leaving a question on finder.

      Receiving the cash before the weekend means submitting a complete application by the cut-off time. The eligibility requirements differ between lenders and you need to confirm these before you apply. Typically, you need to:

      – Be over 18
      – Earn a regular income
      – Be a New Zealand citizen or permanent resident

      Please send me a message if you need anything else. :)


  2. Default Gravatar
    SusanSeptember 22, 2018

    Who pays out cash loans on a Saturday for an emergency?

    • Avatarfinder Customer Care
      JhezSeptember 22, 2018Staff

      Hello Susan,

      Thank you for your comment.

      There are three lenders that are listed above that may be able to consider you for a loan on a weekend. When you’re approved by the cut-off time, you may receive the cash within the day.

      For Cash Relief Short Term Loan, typically you will be approved within minutes if you apply during business hours. Your funds will thenbe transferred into your account the following day, or within one hour if you pay the $10 fast payment fee.

      For The Little Loan Shop Payday Loans, you’ll get a same-day approval during business hours and can receive your loan in as little as 60 minutes.

      For Ferratum Short Term Loan, you may apply online anytime as they are open 24/7 and the applications take just minutes to complete. As soon as your loan is approved, you´ll get your money deposited in your bank account the same day.

      After comparing, you may click the Go to Site button to apply. Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision and consider whether the product is right for you.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


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