• You must over 18 years of age
• Have New Zealand citizenship or residency or a current work permit
• Provide identification – this is an official form of identification like a current drivers’ licence or passport
• Fully complete an application

Yes Finance is generally more lenient than lenders like banks. We will verify all information provided in the loan application to ensure accurate details have been provided. We will base our lending decision on several factors including:

Security – Typically loans must be secured against unencumbered (freehold) vehicles, boats, personal chattels or property. Where a principal borrower does not have any available security, this may be provided by a partner or relative who would become a party to the loan as a co-borrower or guarantor.

Stability – We consider both your residential status and employment situation. These would need to be stable, and your income will need to be consistent.

Affordability – Your ability to repay your loan and meet your existing outgoings.

Credit History Your credit history is checked and we will require an acceptable explanation for any defaults. If your credit history is not acceptable we will require a guarantor who has a proven credit history.