Admiral Finance – Loan Review
Amount, $1 000 - $50 000 ;Term, 6 - 60 months
Applying does not commit you to any agreement.
Admiral Finance
Admiral Finance is a New Zealand consumer finance company offering personal loans from $1,000 to $50,000 with terms from 6 months to 5 years. Rates start from 23.95% p.a. They focus on customers who may not qualify for bank loans, including those with imperfect credit histories.
Applications can be made online or by phone. Admiral Finance takes a personal approach to lending, looking beyond credit scores to assess affordability. Approval typically takes 1-2 business days.
Admiral Finance is a member of the Financial Services Federation (FSF). Always ensure you can comfortably service the loan before applying.
Admiral Finance repayment example
Indicative repayment scenarios. Always confirm the exact cost of credit on the lender's website before you apply.
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| $20 000 | $6 485.74 | $26 485.74 | 36 months |
How to apply for Admiral Finance
- Apply in only 5 minutes online, or give a call
- One of their team will personally assess your application and be in touch within 60 minutes (during business hours)
- If you’re loan is approved, they’ll release your funds, usually within 24hrs of applying directly into your account or by cash cheque
About Admiral Finance
Admiral Finance is operated by Admiral Finance. Registered location: Admiral Finance Level 1/45 Mandeville Street, Riccarton, Christchurch 8011, New Zealand. New Zealand lenders are expected to operate under the Credit Contracts and Consumer Finance Act (CCCFA) responsible-lending rules — always read the full loan terms before signing.
✓ Pros
- Accepts imperfect credit histories
- Personal service approach
- Member of Financial Services Federation
- Loans up to $50,000
✗ Cons
- High rates from 23.95% p.a.
- Establishment fee applies
- Not suitable as long-term solution
Loan Example
Example: $8,000 over 36 months at 23.95% p.a. = approx. $315/month.
Loan Requirements
- ✓ NZ citizen or permanent resident
- ✓ 18 years or older
- ✓ Regular income
- ✓ Bank statements for last 3 months
- ✓ Valid NZ ID
Loan Features
- Online loans up to $50 000
- Term 6 - 60 months
Frequently Asked Questions
6 - 60 months after submitting your application.
The minimum amount at Admiral Finance is $1,000.
Yes, Admiral Finance offers an online application process. Visit their website to apply.