Moola – Loan Review
Amount, $1 000 - $10 000 ;Term, 6 - 48 months
Applying does not commit you to any agreement.
Moola 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 |
|---|---|---|---|
| $500 | $251.58 | $751.58 | 15 weeks |
| $600 | $301.95 | $901.95 | 15 weeks |
| $2 000 | $1 844.36 | $3 844.36 | 26 weeks |
How to apply for Moola
- Fill out an online application
- Wait for approval
- Receive your funds
Moola eligibility requirements
- You must be over 18
- You must be a New Zealand citizen, resident or hold a current working VISA
- You must not be bankrupt
- You need to receive ongoing income (we can’t lend to beneficiaries)
- You need an active bank account that your pay gets credited into on regular paydays
- You need access to a device with internet connection
- You need your own active email account
- You need your own active cell phone
- You must complete the online application
- You must pass our employer checks
About Moola
Moola is operated by Moola.co.nz Limited.. Registered location: 299 Durham Street North, Christchurch Central City, Christchurch 8013, 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.
Loan Example
Loan amount $500 borrowed and fully repaid after 15 weeks of using the loan. Total amount payable = $751.58. The fee would be $251.58.
Loan Requirements
- ✓ You must be over 18
- ✓ You must be a New Zealand citizen, resident or hold a current working VISA
- ✓ You must not be bankrupt
- ✓ You need to receive ongoing income (we can’t lend to beneficiaries)
- ✓ You need an active bank account that your pay gets credited into on regular paydays
- ✓ You need access to a device with internet connection
- ✓ You need your own active email account
- ✓ You need your own active cell phone
- ✓ You must complete the online application
- ✓ You must pass our employer checks
Loan Features
- Online loans up to $10 000
- Term 6 - 48 months
Frequently Asked Questions
15 - 26 weeks after submitting your application.
The minimum amount at Moola is $500.
Yes, Moola offers an online application process. Visit their website to apply.