Loansmart

Loansmart is an alternative lender that is changing the lives of local communities with its short-term loan offers for clients looking for 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. They 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 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 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 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 loan 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