IT’S BLACK & WHITE WITH NEED MONEY NOW “BECAUSE LIFE SOMETIMES ISN’T”

Our fee structure is simple, direct and to the point, what you see is what you get.

Interest rate

Our rate of interest is 1.5% per day. This applies to the balance unpaid at the end of the day and amounts to the equivalent of APR of 547.5% per year. Interest only accrues 90 days past the due date on any unpaid payment.

Our Fees

  • To establish your loan account, we charge $25
  • Draws on your account by Direct Debit are charged at $5 each
  • Defaulting on your loan carries a charge of $20
  • A wage deduction fee of $15 is applied
  • Should we be compelled to refer your account to a collection agency, you’ll be charged a referral fee of $50

Currently in Debt? Our Advice

If you’re in debt, then it’s probably most prudent to reduce the amount you currently owe before borrowing more money.

Need Money Now is a responsible lender. Our friendly advice is that you visit the Citizens Advice Bureau or go to sorted.org.nz for more information about effectively managing your money.