First Credit Union – Loan details

First Credit Union offers member-owned personal loans in New Zealand with competitive rates and ethical lending values.

Loan amount $500 – $30,000
Interest from 12,95 %
Term 6 – 60 months
Approval 1-3 business days

Pros

  • ✓ Member-owned, fair values
  • ✓ Individual assessment — can help where banks decline
  • ✓ Competitive rates for members

Cons

  • ✗ Membership share required to join
  • ✗ Lower maximum loan than banks

Requirements

  • ✓ Become a First Credit Union member
  • ✓ Regular income
  • ✓ Aged 18 or over
  • ✓ Valid NZ ID
  • ✓ Proof of address

Company information

First Credit Union
28 Grey Street, Hamilton 3204
https://www.firstcu.co.nz

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.nz is an independent comparison portal.