Loan Direct

• Short-term loans up to $3,000
• Low-interest starting from 13.95%
• Repayment up to 60 months

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Loan Direct will find the right financial solutions for you

When applying for a loan directly with a lender, the customer faces many problems that they may not even be aware of.

Improve your credit score

Firstly, customers face the task of identifying possible lenders, which can often take days or even weeks, given the vast number of lenders. When researching lenders online, customers may also encounter lenders that hide their fees and mislead the public, sometimes even unintentionally. So even after spending hours conducting research to identify lenders and find out what products they offer, customers may still be greatly disadvantaged.

Another problem arises when customers make multiple applications and are repeatedly denied. This is more common among those with bad credit, as they are more frequently denied credit and are more vulnerable to accepting any offer that comes their way.

Access multiple offers and products

By using Loan Direct, customers can access multiple credit offers and products without the need to conduct research or make any trips to the bank. Their online loan application is just as simple and quick as many of the other applications customers will come across and will provide them with multiple benefits that they simply won't get by applying directly to one lender. The application begins by collecting personal contact details and then asking customers how much they want to borrow, how much they're earning, and what their credit history looks like.

They will then use this information to compile a summary of the customer's needs and find a lender that can offer exactly what is needed. The interest rate that customers are offered will be based on their credit score, income, and personal circumstances, and they will present the top offers.

What will happen once the application is completed?

Once Loan Direct receives the documents, one of their experienced consultants will contact the customer to request supporting documents. This includes proof of address, identity documents, pay slips, and bank statements. For most of the personal loans they deal with, the customer is required to provide some form of security.

This is usually offered in the form of property or equity in a property, allowing the customer to secure a bigger loan amount along with more competitive rates. Typically, any short-term loan over the amount of $2,000 will require some form of security. They will work with the customer to get the most competitive rates, the best terms, and the right loan amount. If customers would like any more information on the online loan application process or service, they can contact Loan Direct either by phone or via email.

Loan Direct is a trusted & reliable provider of short-term loans

In our review, Loan Direct 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.

✅ Loan Direct is a registered credit provider in New Zealand: FSP617