Rating based on 64 reviews

Lending Room

Updated
  • Short-term loans up to $2,500
  • Low-interest starting from 14.99%
  • Repayment up to 6 months
Lending Room homepage
Author Lending Room. Screenshot of Lending Room website.
[Accessed March 3, 2023]

About Lending Room

Lending Room consists of a dedicated team of brokers who are truly passionate about assisting people with their financial needs. Their goal is to help individuals in finding personal loans that suit their unique circumstances.

Whether someone is planning a major home renovation with a secured loan or needs a small payday loan to cover urgent bills, Lending Room is there to provide the right credit solution.

Loan amounts available

They offer a range of personal loans, starting from $1,000 and going up to $30,000. For those in need of smaller, more immediate funds, payday loans are available from $100 to $1,500. With options like these, anyone can find a loan that fits their specific needs.

Support that stands out

Lending Room prides itself on having a warm and approachable support team. These professionals are always ready to assist customers, whether they have questions about the website or need help with their loan application. From start to finish, the team is there to make the process as smooth as possible.

Their mission is to help people secure the credit solutions they need to move forward with their lives. And with an entirely paperless process, there’s no need for scanning, faxing, or visiting a branch. Everything can be done from the comfort of home.

Lending Room Services

They provide Kiwis with a reliable brokerage service that gives them access to some of the best loans online and top deals on the market.

Secured and Unsecured Loans to Suit You

They offer secured and unsecured short-term loans of between $1,000 and $30,000 and payday loans of between $100 and $1,500 - so customers will certainly find a loan to match their needs with the Lending Room.

By applying for a personal loan with the Lending Room, applicants can spare their credit score the damage commonly caused by multiple credit searches - all that’s needed is one application to access a wide range of deals.

An Online Loan Application that Saves Time and Money!

Customers can apply for their quick loan online, and Lending Room will immediately process the application and request additional information and documentation as needed. They offer very flexible repayment terms, giving customers the option to make weekly, fortnightly, or monthly payments that are automatically debited from their account.

In addition to secured and unsecured loans, they also offer payday loans, cash advances, car finance, mortgages, business loans, and debt consolidation loans.

Lending Room – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate 14.9929.95% p/a
  • Loan Amount up to $2,500
  • Repayment 1 month to 6 months

Benefits of Lending Room

  • Affordable short-term loans
  • Apply for a loan with bad credit
  • Quick and easy online application
  • Flexible repayment options

Short-term loan calculator

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

Lending Room – fast loan application & instant approval

Before completing the loan application form, it is highly beneficial to review the loan types available, as well as go through the information provided on the Lending Room’s website.

They offer very helpful and accurate loan calculators that can assist customers in selecting a loan amount they can comfortably afford to repay. Taking out a personal loan that is unaffordable may lead to defaulting on the loan, which could result in hefty penalty fees. The Lending Room endeavors to help applicants compile a credit application that will increase their chances of approval and secure the best rates from their panel of lenders. They will, where possible, suggest adjustments and make recommendations to assist with this.

Why You Should Use the Lending Room

Applying for a loan at the Lending Room is a straightforward, simple, and quick process, which can be completed in just a few minutes. They offer unsecured and secured short-term loans and can likely find a lender to help, even for those with a bad credit history. Generally people with bad credit often struggle to get approved and may submit multiple applications, which negatively affect their credit scores and leave them discouraged.

By applying through the Lending Room, customers have a much higher chance of finding a lender willing to work around a bad credit history and offer a decent rate. For those applying for a cash advance or payday loan, they may even be able to provide an offer and advance the cash on the same day.

Applying for a Loan - New and Existing Customers

When applying for a personal loan as a new customer, applicants will need to provide personal details, contact information, proof of address, acceptable identification, employment information, a basic budget, and a few other details. Once the Lending Room receives the application, they will verify the details and check the applicant’s credit history before forwarding the completed application to their panel of lenders.

This entire process is done online, and there is no need to visit a store or complete complex paperwork. If they are unable to find a suitable loan, they may ask for a guarantor or recommend opting for a secured loan. For existing customers, applying for a loan is even easier and can be done simply by sending a text message with the unique code provided after successfully applying for the first loan.

Customer Reviews & Testimonials

The consultant assigned to me was so friendly and helpful; I managed the application process in a couple of minutes, the same amount of time it took for my loan to be approved. The money was in m...

Kiana K.
— Christchurch —

I applied for the loan and the consultant called me back immediately! Her friendliness won me over, and she helped get my loan approved in minutes.

Kohen A.
— Nelson —

Lending Room Contact

Contact Number

E-Mail

  • not available

Website

Physical Address


Postal Address

  • PO Box 90339, Auckland, 1142, New Zealand

Opening Hours

  • Monday 08:30 – 17:00
  • Tuesday 08:30 – 17:00
  • Wednesday 08:30 – 17:00
  • Thursday 08:30 – 17:00
  • Friday 08:30 – 17:00
  • Saturday – Closed
  • Sunday – Closed