Do you have an unexpected bill which you need to pay today? Do you not have the time to go through the hassle of doing complicated paperwork? Do you want a same day cash loan yet have a bad credit rating?
If so, then we can give you a short term day loan of up to $1,000 today and take away your money worries.
We’re an NZ online lending company which specializes in same day cash advances.
This means whether you’ve been hit with an unexpected bill for your car, medical expenses, or any other unforeseen cost, with our online cash loans we’re here to help you solve your problem ASAP.
When you need money fast, you don’t want to go through a complicated process where you have to fill out paperwork and then wait a long time to see if your loan has been approved. Instead, you want your unexpected costs to be paid as soon as possible. This is why we’ve created a simple process where you can get payday loans into your account in 3 simple steps.
First, you can use our quick calculator to select the same day loan amount and repayment term, then complete the online application form.
Your funds will be transferred directly into your bank account within 60 minutes after your application has been approved.
We will automatically deduct repayments from your bank account depending on your loans agreed repayment schedule calculated during your application.
* Please note, this only applies to business hours, and, depending on your bank, the time can vary until the funds arrive in your account.
When you need a same day loan, time is off the essence.
Other quick loan NZ lending institutions limit you to applying for your cash loan during working hours. However, to ensure you get your loan in the fastest time possible, we have a 24/7 online application system.
This way we can process your application and give you your quick and easy loan in the fasted time possible, even if you’ve a bad credit rating.
Everything is also done digitally, which means you don’t have to print off or sign any documents. Instead, you can simply sign your short term loan agreement online using your mouse or trackpad. It couldn’t be simpler.
This means you can apply for cash advances with us quickly and easily at any hour or any day and have it within 60-minutes of it being approved. All you need is a mobile device or a computer with internet access.
“I just wanted to email and say thank you to the team at Need Money Now. I can’t believe how quickly they processed my application, and how quickly I had the money. Really helped me out.”
To get a day loan from us, you need to meet certain criteria. For example, you must earn over $400 per week net from ongoing employment.
Please note, this doesn’t include any income you may be getting from benefits, self-employment, your pension, or disability benefit.
We pride ourselves on being more flexible than traditional lenders, however, there are some basic criteria that you will need to meet.
These include being over the age of 18, and also currently in full-time employment amongst other criteria.
To view our full list of eligibility criteria to determine whether or not you will qualify for a same day loan, please visit our Do I Qualify information page.
If you are still not sure that you meet the requirements, than you can always contact one of our friendly team members for advice on your application.
You can find the full list of our criteria on the Do I qualify page.
We are a responsible lender, which means we will tell you all costs associated with your cash loan clearly and upfront. This means you can make an informed decision when taking out cash advances with us.
We charge interest on personal credit loans at a rate of 1.5% per day, which is equivalent to an APR of 547.5% per annum. You can view a full list of our Borrowing Costs here.
So you can clearly understand how much is paid back on a typical loan type, we have created a fictitious example below so you can see the potential costs and repayment options involved in paying back a fast loan.
Example – $500 Loan
Let’s take the example of Andrea. Andrea earns $600 net a week and would like to borrow $500 for urgent dental work.
She is paid on Wednesdays. Today is Monday 10th July, and Andrea is next paid on Wednesday 13th July.
Having chosen 5 repayments, Andrea’s loan repayments will be on the following dates:
Andrea’s final loan repayment is therefore on the 10th August. Andrea’s personal loan was approved and paid on Monday 10th, meaning Andrea will be borrowing the money for 30 days.
The total fees on the $500 Andrea borrows will be:
Establishment fee: $25
Direct Debit fee ($5 per transaction): $25
SMS fees: $6 Once to verify her and one reminder the day before each direct debit.
Interest (30 days @ 547.5% per annum): $150
Total repayment amount: $706
Her repayment schedule and loan amounts will be:
13th July: $141.20
20th July: $141.20
27th July: $141.20
3rd August: $141.20
10th August: $141.20
Total repayment amount: $706
You can be sure when you upload and save your personal documents with us your details are completely secure.