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Quick Loans

A quick loan online offers same-day approval for up to $20,000 at a competitive low-interest rate starting from 12.5% and a convenient repayment term up to 2 yrs – ideal for resolving financial emergencies, even if you have bad credit.

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Quick & Easy Cash Loans NZ – Bad Credit welcome

Need cash in a hurry? Apply for your instant cash loan online and get approved in just minutes!

These New Zealand lenders offer quick cash loans online with the quickest turnaround times and highest approval rates.

Frequently Asked Questions

Quick loans for financial emergencies

Even if you are doing well with managing your monthly income & spending, financial emergencies can still occur.

If you require money on an urgent basis and you do not have sufficient savings to use, then the emergency loans offered in New Zealand can be of great help to you. Find out how to get the money that you need fast.

Do banks offer quick loans?

The commercial banks in New Zealand should be the main lenders to turn into in case you need money. Many smaller lenders offer faster and easier approval, but they charge higher interest rates and fees. The repayment schedule may be more difficult to follow as well.

You should consider different types of quick loans to choose the most suitable one for your needs.

Unsecured quick loans, no credit checks

There are also known as signature loans as they do not require placing an asset as security. Quick loans are usually unsecured. As long as you have sufficient income to repay the loan, you should get approval.

The interest rate will be higher and the loan will be more expensive to repay since there is no security, but you will not risk losing a valuable asset of yours.

In case of a financial emergency, an unsecured loan may be the best solution. Its repayment may be somewhat more challenging due to the higher interest rate, but you will not have to worry about losing your home or another asset of value if your financial situation deteriorates. You should apply to a lender that will pay personal attention to your situation such as your bank or a credit union.

Quick loan alternatives

There are several alternatives to applying for a quick loan. A family member or a friend will certainly show a great understanding of your situation and may be able to help you out. You should definitely consider asking a close person for help.

If the person agrees to lend you money, you should draw a loan agreement and sign it so that both of you can have peace of mind.

Peer-to-peer loans for cash emergencies

If you are unable to borrow money from family or friends in a cash emergency, you need to find an alternative. Peer-to-peer loans are also available from private individuals who are often willing to show great flexibility while making cash easily available.

Credit cards for cash emergencies

If you already have a credit card, you can use it to withdraw the money that you need. There is a withdrawal fee charged, but you will get the needed cash instantly.

Cost of quick loans in New Zealand

If there is no other way for you to get emergency cash, you may consider using one of the quick loans in New Zealand. These loans are among the most expensive and difficult to repay, but they may be your only option, especially if you have bad credit or small disposable income.

If you take out a quick cash loan, you must do everything to ensure that you will repay it timely and in full. If you extend the loan or get another one of the same type to repay it, you can end up in great debt.

The dangers of Quick Loans

The problem with quick loans is that they can get you into a vicious cycle of borrowing unless you are extra careful. They have very high-interest rates and fees. Interest is charged daily and this makes them even more expensive.

If you keep borrowing to repay the first loan, you will get into even more debt. In this situation, you may not be able to qualify for a less expensive loan from a bank.

How to get a loan fast?

Simply browse our comprehensive selection of top quick loan lenders in NZ and apply online within only a few minutes.

While using quick cash loans may seem to be a straightforward solution, you should always borrow responsibly. The cost of quick cash loans may be far higher than other loan types. This is particularly true for payday loans.

Follow this advice to use quick cash loans in New Zealand effectively and safely.

Quick loan calculator

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The interest rate of a loan will vary based on your credit score and risk profile.
This quick loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

List of direct lenders offering Quick loans

  1. Instant Finance Quick loan

    Instant Finance

    • Loans up to $20,000
    • Term up to 3 years
    • Interest from 19.95%
  2. Finance Now Quick loan

    Finance Now

    • Loans up to $20,000
    • Term up to 5 years
    • Interest from 12.95%
  3. Save My Bacon Quick loan

    Save My Bacon

    • Loans up to $5,000
    • Term up to 52 weeks
    • Interest up to 49.95%
  4. Geneva Finance Quick loan

    Geneva Finance

    • Loans up to $50,000
    • Term up to 5 years
    • Interest from 11.95%
  5. Cash Converters Quick loan

    Cash Converters

    • Loans up to $1,500
    • Term up to 12 months
    • Interest up to 49.95%
  6. Money Shop Quick loan

    Money Shop

    • Loans up to $200,000
    • Term up to 7 years
    • Interest from 29.95%
  7. Loansmart Quick loan

    Loansmart

    • Loans up to $20,000
    • Term up to 5 years
    • Interest from 13.95%
  8. Pretty Penny Loans Quick loan

    Pretty Penny Lo...

    • Loans up to $5,000
    • Term up to 42 days
    • Easy online application
  9. Crester Credit Quick loan

    Crester Credit

    • Loans up to $15,000
    • Term up to 3 years
    • Interest from 22.95%
  10. Pioneer Finance Quick loan

    Pioneer Finance

    • Loans up to $100,000
    • Term up to 7 years
    • Interest from 14.95%
  11. Asset finance Quick loan

    Asset finance

    • Loans up to $50,000
    • Term up to 5 years
    • Interest from 9.95%
  12. Cant Wait Loans Quick loan

    Cant Wait Loans

    • Loans up to $1,500
    • Term up to 70 days
    • Interest up to 39.99%
  13. Pronto Finance Quick loan

    Pronto Finance

    • Loans up to $20,000
    • Term up to 5 years
    • Interest up to 11.79%
  14. Admiral Finance Quick loan

    Admiral Finance

    • Loans up to $50,000
    • Term up to 5 years
    • Interest from 13.95%
  15. QuickCash Finance Quick loan

    QuickCash Finan...

    • Loans up to $50,000
    • Term up to 156 weeks
    • Interest from 18%
  16. Rapid Loans Quick loan

    Rapid Loans

    • Loans up to $10,000
    • Term up to 36 months
    • Interest from 39%
  17. Seed Cash Quick loan

    Seed Cash

    • Loans up to $5,000
    • Term up to 1 year
    • Interest from 0.82%
  18. NZ Credit and Loans Quick loan

    NZ Credit and L...

    • Loans up to $20,000
    • Term up to 7 years
    • Interest from 13.95%
  19. Cash Train Quick loan

    Cash Train

    • Loans up to $1,500
    • Term up to 38 days
    • Interest from 35.2%
  20. Just Cash Quick loan

    Just Cash

    • Loans up to $1,000
    • Term up to 45 days
    • Interest up to 227%
  21. Ferratum Quick loan

    Ferratum

    • Loans up to $1,000
    • Term up to 45 days
    • Interest up to 227%
  22. Simple Cash Quick loan

    Simple Cash

    • Loans up to $3,500
    • Term up to 45 days
    • Interest up to 227%
  23. Handy CASH Quick loan

    Handy CASH

    • Loans up to $1,500
    • Term up to 38 days
  24. Budget Loans Quick loan

    Budget Loans

    • Loans up to $250,000
    • Term up to 60 months
    • Interest from 27.50%
  25. Cash2u Quick loan

    Cash2u

    • Loans up to $20,000
    • Term up to 60 months
    • Interest from 12.95%
  26. NZ Personal Loans Quick loan

    NZ Personal Loa...

    • Loans up to $20,000
    • Term up to 5 years
    • Interest from 13.95%
  27. Chequers Finance Quick loan

    Chequers Financ...

    • Loans up to $1,000
    • Term up to 4 years
    • Flexible repayment options