Moola – Loan Review
Amount, $1 000 - $10 000 ;Term, 6 - 48 months
Amount
$500 – $2,000
Rate from
40,00 %
Term
3 – 6 months
Approval
15 - 26 weeks
Applying does not commit you to any agreement.
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.