Rating based on 33 reviews


  • Personal loans up to $5,000
  • Low-interest starting from 12.99%
  • Repayment up to 7 years

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Zealy homepage
Author Zealy. Screenshot of Zealy website.
[Accessed March 3, 2023]

About Zealy

Zealy offer New Zealanders personal loans that range from $1,000 to $5,000 – with no fuss and, as can be expected from any modern lender, 100% online! Save time and obtain an online loan that caters to your individual needs. 

Rates that cater to all credit levels

From those who have a poor credit rating to those who are frugal with their spending and savvy with their money, Zealy has an interest rate to cater to you.

Their rates range from 12.99% to 24.99% per annum and are fixed for the term of the loan. What does this mean for you?

Before you even agree to the loan, you will know exactly what your loan repayments will be as well as what you loans will cost you overall.

No paperwork and a simple application process online

As a lender that offer smaller online personal loans, Zealy’s offering is centred around providing loan approval in just seconds and credit loans from a few minutes from receiving a signed loan agreement to a few hours.

Their online loan application is paperless which means, no scanning, no copying and filling in paperwork.

Reasons to use Zealy for you next loan

  • Loans range from $1,000 to $5,000
  • Interest rates are customised to the borrower’s individual credit rating
  • A simple online loan application
  • No early repayment fees
  • Excellent customer service for additional assistance 
  • Loan is paid out within minutes after approval
  • No paperwork, everything is done digitally
  • No security required 
  • Insurance may be included but is not obligatory

Insurance to bring you better value

When hard times show up, keeping up with your loan repayments may be too much for you to manage which is why Zealy have partnered up with insurance provider Quest Insurance.

Credit Contract Indemnity Insurance (CCI)

Although taking out Credit Contract Indemnity Insurance (CCI) is optional it can provide customers with peace of mind knowing that their quick loans will be repaid in full in the event of hospitalisation, disablement, illness or death.

Zealy Services

Zealy offer quick and easy, no fuss personal loans that start at just $1,000 and can be used for anything including emergency expense, buying an engagement ring or taking a much deserved holiday!

In terms of interest, the rate that you will be offered will be based on your personal credit rating with those that have a good credit score being able to access interest rates on the lower end of the range offered.

Transparent fees and rates

When it comes to transparency, Zealy is certainly ahead of the pack, making it easy for borrowers to see what they are liable to pay in fees as well as interest.

Establishment, broker and admin fees

  • All loans will carry an establishment fee of between $195 and $395
  • If you were referred to Zealy by a third party, a broker fee of up to $250 may apply
  • You will be charged an $8.05 fee paid to the Ministry of Business
  • There is an admin fee of $2 per week
  • SMS’s reminding borrowers that their account is overdue will be charged at $0.20
  • You may also incur insurance costs

Loans for people with bad credit

As long as you meet Zealy’s minimum affordability requirements, they will be able to approve you for one of their short-term loans.

If you’ve missed a few payments here and there or have a poor credit record for whatever reason, Zealy will still be able to assist you with a bad credit loan. Bad credit loans will carry a higher rate of interest due to the higher risk that the lender will have to assume.

Need a larger loan?

Zealy is powered by the Lending People, one of New Zealand’s leading online brokers who can assist customers with loans ranging from $3,000 to $75,000 with loan terms that range from 12 months to 7 years.

Loans can be used for just about anything

As with most short-term loans, they can generally be used for just about any expense or purchase that the borrower wishes to use it for. That being said, using a small loan from Zealy to repay existing debts or overdue bills is not a good idea.

Zealy – Personal loan

  • Loan Type Personal loans
  • Interest Rate 12.9924.99% p/a
  • Loan Amount up to $5,000
  • Repayment 12 months to 7 years

Benefits of Zealy

  • Apply 100% online without any paperwork
  • Get a loan without security
  • Repay your loan early without penalties
  • An easy online loan application

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.

Enjoy no early repayment penalties with Zealy

If you choose to repay your loan early, you will not be charged any early loan repayment fees! You should however note that if you do settle early you will not be entitled to an establishment fee rebate.

Online simplicity and speed at its best

As an online lender Zealy aims to make borrowers experience a quick and simple online loan application process. This is achieved through their 100% online, no paperwork application process. And since loans are all unsecured, the process is even quicker and simpler!

How Zealy approve loans in just 60 seconds

Zealy has automated their conditional approval system. This means that once you have completed the application in full and verified your income and expenses, their system will automatically provide you with a decision on your loan in less than 60 seconds!

Apply for any approve your loan on your cell

You can complete the application for your personal loan, verify your income and expenses and review and sign your loan contract on your mobile!

Application requirements

When applying for a personal loan with Zealy you are required to be at least 22 years old, have a stable income, be able to provide an acceptable form of identity and be a citizen or permanent resident of New Zealand.

man holding thumbs up

Zealy is a trusted & reliable provider of personal loans

In our review, Zealy adheres to the compliance criteria in accordance with the Credit Contracts and Consumer Finance Act 2003, where the granting the loan will not cause financial distress to the consumer.

✅ Zealy is a registered credit provider in New Zealand: FSP240365

Customer Reviews & Testimonials

October 2019

The personal loan I got through Zealy is affordable

Greg T
— Auckland —

August 2019

It was quick and easy to apply for a personal loan with Zealy.

Clinton R
— Wellington —

Zealy Contact

Physical Address

Postal Address

  • PO Box 105063, Auckland, 1143, 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