Rating based on 55 reviews


  • Short-term loans up to $100,000
  • Low-interest starting from 8.95%
  • Repayment up to 10 years

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

About Loansmart

Loansmart is an alternative lender that is changing the lives of local communities with its short-term loan offers for clients looking for Easy Loans for Bad Credit in New Zealand.

They are a registered financial service provider, which is compliant with the Credit Contracts and Consumer Finance Act 2003. This means the lender is dedicated to fulfilling customers' needs and adheres to responsible lending practices.

Game-breaker in the credit lending industry

Loansmart is proud of the fact that they are popular for personalized and prompt service that helps them stay competitive despite the presence of bigger banks. fromThey know sometimes New Zealanders are hard-pressed to find the extra cash for a holiday or a car that needs fixing. Therefore they believe that everyone needs a fair chance to get a short-term loan and welcome with open arms Bad Credit customers into the fold.

They have been labelled as “second chance loans”. They can approve loans within days or even hours of any loan application being lodged. What’s more, clients do not even have to leave their home or office to apply for one of their short-term loans because they operate in the digital space.

A street smart lender

Loansmart offers secured and unsecured loans for Bad Credit from NZ$1,500 to $50,000 at competitive rates of interest. Loansmart places a high premium on ensuring that Kiwis can access their loans quickly and effortlessly.

Backed by the Responsible Lending Code, the company will always make sure through thorough analysis, that bad credit loans clients can afford the loans they are provided with.

Clients, including bad credit loan customers, can be assured of a quick financial solution if they are in the market for a short-term loan. Their experienced staffers who are highly trained in all laws governing the Credit Act, give each client undivided attention and tailor a loan to suit every need.

Loansmart Services

Loansmart is sensitive to New Zealanders’ cash requirements.

They know that sometimes it’s difficult to stretch that budget – even to settle bills. Their quick loans NZ are designed to be used for a variety of purposes when the cash crunch hits.

This includes getting a second mortgage to pay off credit card debt or financing a wedding. There is no red tape or strict loan parameters when applying for a loan with Loansmart. Talk about no-frills and fuss-free service

Loansmart short-term loans

  • Interest rate pegged between 13.95 -29.95%
  • Loan amounts up to NZ$50,000
  • Repayments 6 months to 5 years

Benefits of Loansmart loans

  • Easy online loan application
  • Fast loan approval
  • Flexible short-term loan options

Don’t delay applying for a short-term loan

The first step is to visit the website where there are three loan types available for bad credit loans clients. Once a customer has decided on a loan type, they can use the loan calculator to determine how much they can afford to borrow. The calculator will also determine the cost of the loan to the end of the repayment period, including interest.

Rules that apply to applications for people wanting Easy Loans for bad credit

How the application process works  

  • Click on the website portal – loan application takes 3 minutes to fill out.
  • Proof of residence.
  • Name of employer – proof of employment.
  • Proof of monthly income, including partner or spouse.
  • Credit standing check and monthly expenses.

Loansmart – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate from 8.95%
  • Loan Amount up to $100,000
  • Repayment 6 months to 10 years

Benefits of Loansmart

  • Get fast loan approval
  • Easy online loan application
  • Flexible short-term loan options

Short-term loan calculator

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.

Why wait until payday? Get a quick cash loan in just a few clicks

Loansmart is focused on providing a prompt and no-stress approach to providing loans for Bad Credit clients.

Their online portal is fully integrated and easy to navigate which can save clients time and money.

Further requirements 

  • Loansmart will give feedback immediately to validate.
  • Borrowers must produce proof of ID and 3-month bank statements.
  • The company will run a credit check.
  • Clients must be 18 years or older.

Once Loansmart validates all the information, they will make a personal loan NZ offer, including details of the personal interest rate. The client accepts the offer and Loansmart prepares the agreement for the customer’s approval. Once signed, the funds are transferred to the client’s bank account immediately or, by the next business day. 

Faster Car Loans for Bad Credit customers

Loansmart can help clients with a bad credit car loan if they have a bad credit score. Their bad credit loans for cars help clients drive away with the car that meets their fancy while paying less interest. The cost of the loan is competitively priced.

Bad credit car loans are quick and easy. There are two options in the form of secured and unsecured car loans for bad credit customers. The best option will be up to the client’s situation and credit score. Click on the website for more information.

man holding thumbs up

Loansmart is a trusted & reliable provider of short-term loans

In our review, Loansmart 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.

✅ Loansmart is a registered credit provider in New Zealand: FSP7461

Customer Reviews & Testimonials

Sometimes, even queens need some help. Thankfully I got the help, as well as the friendly assistance from the consultant. My loan was paid out a couple of hours afterward.

Emilia S.
— Queenstown —

I struggled to grasp the online application process, but once my loan was approved it wasn’t long before I had the money. Great job!

Jai A.
— Hastings —

The application process was quick and easy; I had the money within hours.

Talitha K.
— Auckland —

Loansmart Contact

Physical Address

Postal Address

  • PO Box 28 231, Remuera, Auckland, 1541, New Zealand

Opening Hours

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