Rating based on 55 reviews



  • Short-term loans up to $20,000
  • Low-interest starting from 13.95%
  • Repayment up to 5 years

In-page navigation

Loansmart homepage

Author Loansmart. Screenshot of Loansmart website. [Accessed September 2, 2021]

About Loansmart

Loansmart is an alternative lender that offer secured and unsecured personal loans of $1,500 to $50,000 to Kiwis all over the country.

We are a registered financial service provider that is dedicated to fulfilling our customers' needs while abiding by the responsible code of lending. If you want to finance a car, consolidate debt or take a holiday - we have a finance solution that will meet your needs at the most affordable rates.

Staying competitive in the industry

We pride ourselves in our ability to stay competitive amongst big banks and mainstream lenders while still maintaining our personalized and quick service, that our customers respect us for. While banks and credit unions may take weeks to approve your credit application - we do within days and sometimes even hours and - you never have to leave your home or office to do it. If you want a quick financial solution, in the form of a short-term loan, with competitive rates - then Loansmart is the lender for you. 

Loansmart Services

We offer both secured and unsecured short-term loans up to $50,000 at rates that range between 13.95% and 26.95%.

Our quick loans can be used for just about any purpose from getting a second mortgage to paying off your credit card debt or financing a wedding. This is because we offer very diverse loan amounts and tailor repayment schedules and terms to suit our customers - with us, there is no red tape or strict loan parameters.

We have the best deals

Our rates are by far more competitive than other online lenders and our customer service cannot be matched even by some of the largest and most mainstream lenders on the market. Our consultants are well trained and versed to assist clients with any of their financial queries, circumstances and needs and are always available to help. If you're looking for a personal loan in NZ, you've certainly found the right partner! 

Loansmart Short-term loan

  • Loan Type Short-term loans
  • Interest Rate 13.95 – 29.95% p/a
  • Loan Amount up to $20,000
  • Repayment 6 months to 5 years

Benefits of Loansmart

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

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

While banks seem to make it their business to make it as hard and stressful for people to apply for credit, Loansmart seeks to challenge this marketing-dominating nuisance and help Kiwis access finance quickly and effortlessly.

Get to know Loansmart

To begin the easy Loansmart application process all you have to do is visit our website where we have laid out the three loan types we have available. Once you’ve decided which loan type you're looking for you can then use our loan calculator to determine how much you can afford to lend and what a loan will actually cost you. Typically you will secure a lower interest rate by applying for a secured short-term loan however, our unsecured loans are a great option for people with good credit or those who are looking for lend smaller amounts.

Loan features designed for Kiwis on the move

Our loan term ranges from 6 to 60 months and we do not offer payday loans which typically carry a loan term of 7 to 45 days. The lowest amount that Loansmart is willing to offer is currently $1,500 and this will come at a much more affordable rate than you will find anywhere else on the internet. With Loansmart you can apply online in a matter of minutes but we also help clients apply for loans over the phone.

Our online application typically takes 2 to 3 minutes to fill out; we will ask you how much you're looking to borrow, what kind of loan you need, your residential address, the name of your employer, your employment duration, your monthly income and, the income of your partner or spouse, your credit standing (unsure bad, good or very good) and, your monthly expenses.

How we will process your loan application

Once we receive your information, we will process your details, validate your information and run a credit check which will help us determine what you customized interest rate will be. Apart from the interest rate other fees that you may want to consider are our once off loan application fee and our weekly admin fees which are and, will continue to, remain highly acceptable and competitive.

Once we have done the basic checks we will then request additional supporting information and document including your identity document, proof of address and pay slips or bank statements among other relating to the security you're intending to put up.

We will then make a personal loan offer and suggest the most appropriate loan term as well as tell you what your personal interest rate will be. You can then notify us if you accept the offer and we will then prepare the necessary agreement for your approval. Once this has been completed and signed we will transfer the funds immediately or, by the next business day. 

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

  • Level 4, 238 Broadway Newmarket Auckland Region 1023 New Zealand
  • Get Directions

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