Nectar

If you’re looking for a faster, affordable, and hassle-free personal loan, you have come to the right place.

With Nectar you can apply and receive an answer within just 7 minutes. They also aim to payout the funds to your account on the same day so you don’t have to wait.

Online Personal loans at your fingertips

With a much faster, more thorough assessment they are able to offer you a loan specifically designed for you, your affordability, and your needs. What sets them apart even more from traditional lenders, is their modern digital technology which allows for lower loan costs.

Even though they only process loans between Monday and Friday, 9:00 am to 6:00 pm, you can still apply for a loan at any time through their online 24/7 system from your computer or any mobile device.

With them, you can enjoy a paperless and straightforward application process that is 100% transparent and client-centric.

Your privacy and security are guaranteed

Your security is vital to Nectar which is why they’ve partnered with large companies like Amazon Web Services, Force.com, and Credit Sense to ensure that their online verification process runs smoothly and safely.

So, you can rest assured that neither Nectar, Credit Sense, nor anyone else will be able to view or store your banking details. All your information will be encrypted for your protection, and Nectar will simply view your bank statements to confirm your income and expenses.

If you urgently need money and want to avoid exorbitant rates, Nectar is the online platform you want to use.

Thousands of Kiwis have put their trust in Nectar who they believe in fairness and in giving their customers the best possible deals at a very fast pace.

Flexible and low-cost personal loans

Their personal loan interest rates start from only 11.95% p.a. and you’ll need to pay an establishment fee of only $240 with a $1.75 admin fee per repayment.

With them, you can enjoy great flexibility as you can top up your loan after 16 weeks as well as change your loan term. The best part is that you will be able to make early repayments without any additional cost.

Loan terms of your choice

The choice as to whether to pay weekly, monthly or fortnightly instalments is all yours. Your loan repayments will be divided across your chosen term which could range from 6 months to 5 years. On top of all these benefits, you’ll be enjoying a fixed interest rate tailored to your profile and you can borrow from as little as $2,000 and up to as much as $30,000.

What if I want to borrow more?

Topping up your loan with them is easy and can conveniently be done by hitting the top-up button online.

You’ll be able to do this after 16 weeks of repayment and if you are eligible to borrow more. Depending on your repayment history and affordability they might reward you with an even lower interest rate.