Payday Advance – Loan Review
Amount, $500 - $3 000 ;Term, 3 - 12 months
Applying does not commit you to any agreement.
Payday Advance 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 | $150.26 | $650.26 | 3 months |
| $700 | $163.85 | $863.85 | 3 months |
| $1 000 | $423.73 | $1 423.73 | 10 months |
How to apply for Payday Advance
- Apply Online
- Check your loan
- Following approvala
Payday Advance eligibility requirements
- You need to be at least 18 years old and a NZ citizen or resident currently living in New Zealand
- You need to have been permanently employed with the same employer for at least 3 months
- For our loans, you need to be earning at least $350 a week (after tax) excluding government benefits
- Your pay needs to be credited on a regular basis into your own NZ bank account that has been open for at least 3 months
- You are not currently Bankrupt, under a No Asset Procedure or Summary Instalment Order
- You have access to the Internet and a mobile phone
About Payday Advance
Payday Advance is operated by Zethus Holdings Limited. Registered location: 18th Floor/188 Quay Street, Auckland CBD, Auckland 1010, 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 3 months years of using the loan. Total amount payable = $650.26. The fee would be $150.26.
Loan Requirements
- ✓ You need to be at least 18 years old and a NZ citizen or resident currently living in New Zealand
- ✓ You need to have been permanently employed with the same employer for at least 3 months
- ✓ For our loans, you need to be earning at least $350 a week (after tax) excluding government benefits
- ✓ Your pay needs to be credited on a regular basis into your own NZ bank account that has been open for at least 3 months
- ✓ You are not currently Bankrupt, under a No Asset Procedure or Summary Instalment Order
- ✓ You have access to the Internet and a mobile phone
Loan Features
- Online loans up to $3 000
- Term 3 - 12 months
Frequently Asked Questions
3 - 12 months after submitting your application.
The minimum amount at Payday Advance is $500.
Yes, Payday Advance offers an online application process. Visit their website to apply.