Payday Advance – Loan Review
Amount, $500 - $3 000 ;Term, 3 - 12 months
Amount
$500 – $3,000
Rate from
49,45 %
Term
3 – 12 months
Approval
3 - 12 months
Applying does not commit you to any agreement.
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.