CantWait is a New Zealand short-term lender offering online loans up to $2,000 with repayment terms from 1 to 15 weeks. The name reflects its target market: borrowers who need cash within a day or two for an unexpected bill, car repair or similar short-term gap, rather than a long-term financing need.
How a CantWait loan works
You apply online with your bank login or statements, ID and proof of income. CantWait assesses affordability under New Zealand's Credit Contracts and Consumer Finance Act (CCCFA) requirements, which means every application goes through an income and expense check regardless of how fast the decision feels. Approved applicants typically see funds arrive the same business day, though exact timing depends on your bank's processing.
Who can apply
- Be over 18 years old
- Be a New Zealand citizen or permanent resident
- Be employed with a regular, verifiable income
What it costs
Short-term loans in this $2,000-and-under bracket in New Zealand typically combine an establishment fee with a weekly interest charge. Because the exact fee schedule can change, confirm the total repayment amount shown on your personalised loan contract before accepting, and compare it against our short term loans category for alternatives in the same bracket.
Frequently asked questions
How much can I borrow from CantWait?
Loan amounts go up to $2,000, with terms ranging from 1 to 15 weeks depending on the amount and your assessed affordability.
Does CantWait check my credit history?
Yes. New Zealand lenders are legally required to assess affordability and check credit history under the CCCFA, even for fast, fully online applications.
Is CantWait suitable for a long-term loan?
No, the maximum 15-week term makes it a short-term option. For bigger amounts or longer repayment, compare our personal loans category instead.