Making Sure You Get the Best Personal Loan
Due to the strong relationships we have built up over a period of years with a variety of lenders we are now able to offer some of the best and most competitive personal loan solutions throughout New Zealand.
This became a natural progression for us. We could see when working with our clients for a mortgage solution that the rates they were paying for personal loans and car finance were higher than what we believed was a fair rate.
We have therefore highlighted some of the basics and options so you can get a feel for our offering.
How much could I borrow?
Minimum Loan: $10,000
Maximum Loan: $30,000
What rates am I looking at?
Secured = from 8.90% - can be secured against vehicle, boat or home
Unsecured = from 11.90% - Comparing that to some of the mainstream banks who’s best rates are between 13.95% and 18.95% dependent upon the lender, make it look pretty favourable.
What are the fees?
The lenders we work with charge $200 fee which is loaded onto the loan. In comparison you will be looking at around $250 fee with the banks.
How long is the loan term?
12 months to 5 years
What if I have credit issues?
Our rates are tiered and can consider a customer's credit issues when pricing.
Our rates are based upon risk so not only do we offer very low rates, we can also consider low credit ratings for a higher rate, we go up to 21.90% (secured) and 23.90% (unsecured)
At Loan Market we need to have a variety of solutions for our client base, and with our simple but comprehensive pricing structure we can do exactly that.
If you are looking to consolidate debts, refinance a personal loan, or purchase a large ticket item, contact us now to review the best option for you.