Or call 09 579 1026 (9am - 5pm)
A Debt Consolidation loan is where we roll your current loans, credit cards and retail hire purchases into one manageable loan. You end up with just one loan to repay, often at a lower rate than credit card and retail finance rates. So get ahead with one simple and affordable loan with weekly, fortnightly or monthly repayments, over a fixed agreed term.
If the interest-free period on that TV from the retail store has expired you could be paying interest of up to 29% p.a. If you consolidate that debt or move that hire purchase into a NZCU personal loan you could be paying as little as 12.95%.
The interest you’ll pay at NZCU Auckland, considers how much you want to borrow, the term of the loan, your income, your other financial commitments and your credit history. We’ll work with your specific circumstances to design a loan that fits your ability to pay. We’ll do our best to arrange the lowest rate possible. And if we can’t help we’ll tell you upfront and suggest alternatives.
Or call 09 579 1026 (9am - 4pm)
Debt Consolidation loans can come with many advantages:
NZCU Auckland provides personal loans with interest rates ranging from 12.95% to 19.00% per annum. Loans are available from $1,000. Loans are to be repaid by instalments of principal and interest over terms with a minimum of 3 months and a maximum of 5 years. Other terms can be made by arrangement. This hot offer from 12.95% is subject to credit criteria and available for new personal loans.
Here’s an example for a $10,000 loan taken out for a term of 3 years at an interest rate of 12.95% per annum. Weekly repayments of $75.94 would be required to repay the loan. This includes a Loan Fee of $200.00 and cost of Credit and other checks of $37.00 which are included in the repayment amount. Interest paid over this period would be $1,608.84 – making the total payable $11,845.84. Our maximum Finance Rate (APR) inclusive of fees is 11.595% per annum. Full repayment of the loan can be made at any time without penalty.