3 months24 months
Total Repayment:
Weekly Instalments*:

* Repayment amounts are indicative only based on Annual Interest Rate of 49.95%, and will be finalised during your application process. Lower rates may be offered on a case-by-case bases. Instalment frequency is determined by your pay cycle. Fees, interest and terms and conditions apply to our loans - refer to our cost of borrowing section for more details.

Payday Loans – Quick and Fast

With our affordable Payday Loans you stay in control and know where you stand. Use our handy slider to give you an overview of the total loan costs, then once you’re happy, you can go to our application form to confirm the amount you want to borrow in more detail.

Fast and transparent payday loans NZ

homeAt Payday Loan we believe in responsible lending, and our BorroWise framework encourages you to only borrow what you can afford to pay back. We’re here to help you through an unavoidable financial situation by lending you a small, affordable cash loan until your next payday – not get you into financial hot water with credit cards or long-term loan schemes. Click here to read more about BorroWise.

The BorroWise model is to lend only what someone can afford to repay, and to make the process as quick and easy as possible. So while you sleep easy, our BorroWise owls will be hard at work helping you get back on your feet overnight.

Easy application process with Payday Loans NZ

  • Our online, no-obligation application process only takes few minutes
  • You can accept our Loan Contract online.
  • We process the forms quickly for a same-day decision
  • The funds could be in your account overnight

Please Note: Our loans are designed for short term use only and should not be used as a long term funding option. Products with lower interest rates or for a more appropriate term may be available from other lenders. We encourage you to save interest on our loans by making early repayment (full or partial) at any time for no additional cost.


Our Loans are $500 – $5,000, usually over a 3-24 Month Term
AIR / APR (Annual Interest Rate) Our AIR goes up to 49.95% per annum. An Establishment fee of $125 applies. IMPLICATIONS OF NON PAYMENT: To avoid additional costs please repay your loan according to agreed terms, however where a non-payment (or other default) occurs the following applies; Default Fees: A fee of $10 applies to each missed or failed payment. A fee of $5 applies for each reminder letter. Other Costs: Any additional charges or costs are set out on our Cost of Borrowing section. Collection Practices: We undertake collection of our loans in accordance with legal requirements and industry standards and will promptly contact you should you miss a payment date. Credit Score Implications: A repaid loan should positively influence your credit score. However a missed payment, failed payment or unpaid loan is likely to negatively impact your credit score.

Assistance available:

For information on Repayment Problems, Unforeseen Financial Hardship, Repayment Waiver, or Complaints, please refer to the Contacts page of our website or the terms of your loan agreement.

For contact details or information on our free independent disputes resolution scheme operator: Financial Dispute Resolution Service, refer to our Complaints page or visit www.fdrs.org.nz.

For contact details or information on independent confidential budgeting services or advice, refer to our External Resources page or visit www.moneytalks.co.nz.