Rating based on 52 reviews

NZCU South

  • Personal loans up to $50,000
  • Low-interest starting from 9.95%
  • Repayment up to 60 months

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Author NZCU South. Screenshot of NZCU South website.
[Accessed March 3, 2023]

About NZCU South

NZCU South is a proud local NZ owned company and credit union member.

They offer various loans and means of credit based on the needs of NZ borrowers. With this range of services and financial products, they can offer a product to suit every situation. NZCU aims to provide lucrative and accredited lending services to anyone who needs some financial help in NZ.

Financial services according to client needs

With many years of experience in the NZ lending industry, NZCU can offer competitive loans and a quick approval time. As an online lender, they provide clients with a quick means to apply without leaving the house.

This online system opens the world of some clients who struggle to get financial support from traditional banks. The NZCU online portal is safe and secure, as there are multiple security protocols in place. All online loan offers are made with complete transparency, without any hidden fees.

Lower interest rates and better fees

By being part of the continuously growing lending world for years and gathering continuous feedback from existing clients, the company can provide the best rates on loans. Beyond offering a transparent and quality service, they also benefit clients from paying lower interest rates and better fees than they will receive anywhere else.

NZCU South Services

NZCU South Loans can provide any NZ client with quick access to a loan for any occasion.

Personal loans can be used for basically anything clients need cash for, whether to pay off debt or invest in the future; NZCU has an offer that can help.  All NZCU personal loans are unsecured, meaning clients don't have to lay down collateral such as their house or vehicle as security.

What can personal loans be used for

  • Debt consolidation loan - A debt consolidation loan is a perfect solution for people who struggle to keep up with multiple short-term loan repayments. By consolidating debt under one loan, they now only pay one reduced instalment.
  • Car loans - Get pre-approved for car financing and get access to a cheaper rate at the car dealership. This also allows clients to understand better what they can afford when searching for new wheels.
  • Holiday and travel - With a personal loan at NZCU, clients can now finally afford the dream holiday they have been holding off for the past while.
  • Home renovation - Home improvements are the easiest way to add value to any property. It is also essential to have access to enough money to ensure that the renovations can be completed.

Apply within minutes without leaving home

All loans are easy to obtain as clients can now either apply online or phone a consultant. Loan assessments are easier to complete as a consultant can do the entire process over the phone or email. NZCU focuses on giving clients a convenient service without making them wait in line to talk to a consultant.

NZCU South – Personal loan

  • Loan Type Personal loans
  • Interest Rate 9.9522.95% p/a
  • Loan Amount up to $50,000
  • Repayment 6 months to 60 months

Benefits of NZCU South

  • Low interest rates
  • Easy online loan applications
  • Unsecured personal loans

Personal loan calculator

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

Get a stress-free personal loan with NZCU South Loans

Get a stress-free personal loan with NZCU South Loans

Get access to customized loans from NZCU South within minutes- and get the extra cash when you need it. The company offers more than unbeatable services fees and interest rates. All processes revolve around what customers want and can afford instead of what benefits the company.

What personal loans have to offer

Their loans are valued between $2K - $50K, giving clients flexible options to choose from, depending on their needs. The amount clients are allowed to borrow is determined by their eligibility and credit record.

They offer flexible repayment terms between 6 months and seven years. The average interest rate on personal loans is 13.95%, giving clients more cash to spend on whatever they please.

Choose between personal loans options

NZCU offers unsecured and secured personal loans, enabling clients access to short-term and long-term loan options. Their services are designed to help clients reach their financial goals without getting into more debt- as the company believes in responsible lending.

What information is needed to apply

Clients need to provide the following information when they apply for a loan-

  • Proof of identification using either an ID document or Driver license
  • Proof of residency
  • Current employment details

More about financial & employment information

Current clients who already have a salary deposited into their NZCU account do not need additional documentation. They do, however, have to provide statements of other bank accounts or forms of debt.

New clients need to provide proof of income using current payslips that detail annual income or the last three payments received. They also need to give information on existing loans, debt or bad credit and expenses to help their assessment.

They provide fast approval and pay-out

Clients can get approved and have cash in their bank account within 24 hours using their quick application process. The company offers repayment plans that fit the applicant's budget – they can choose between weekly, monthly, and fortnightly terms.

Pre-approval - get it today

With NZCU, the client can get a pre-approved loan within minutes to buy a car or even pay bills.

There is no limit to what clients can achieve with a bit of extra cash boost. By having NZCU on their side, they can get access to financial backup without waiting days to receive their cash. Apply now for a personal loan and start funding your future.

Customer Reviews & Testimonials

NZCU is by far one of the best credit unions. Their loan rates and fees are lower than traditional banks.

Eleanor E.
— Christchurch —

I am so glad a family member recommended NZCU South Loans. They helped me out of a tough situation.

Sara F.
— Christchurch —

Smart, affordable and easy to obtain. Highly recommended!

Emmy S.
— Christchurch —

NZCU South Contact

Physical Address

  • 409 Colombo St, Sydenham Christchurch Christchurch Region 8023 New Zealand
  • Get Directions

Postal Address

  • PO Box 7010, Sydenham, Christchurch, 8240, New Zealand

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed