Nectar – Loan details

Amount, $1 000 - $20 000 ;Term, 6 - 48 months

Loan amount $1,000 – $20,000
Interest from 11,95 %
Term 6 – 48 months
Approval 6 - 48 months

Pros

  • ✓ Fast online approval
  • ✓ Open banking verification – no payslips needed
  • ✓ No early repayment fees
  • ✓ Same-day funding often possible

Cons

  • ✗ Rates from 11.95% – higher than major banks
  • ✗ Establishment fee applies
  • ✗ Smaller maximum $20,000

Requirements

  • ✓ NZ citizen or permanent resident
  • ✓ 18 years or older
  • ✓ Regular income
  • ✓ Valid NZ bank account
  • ✓ Reasonable credit history

Company information

Nectar NZ Limited
Nectar - Loans Made Simple 22 Fanshawe Street, Auckland CBD, Auckland 1010, New Zealand
https://nectar.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.