Reviews collected under Lending Room - the team behind Payday Advance NZ.
Rated 5 out of 5 on Trustpilot by 1,030+ New Zealanders. One application, one soft credit check - we match you to the lender most likely to offer you the best overall deal across rate, terms and fees. Takes about 5 minutes.
Get a car loan. Get up to $500 back.
Settle a car loan through Lending Room before 31 May 2026 and receive up to $500 as a Prezzy Card. Min. loan $10,000.
How much do you need?
We match you to the lender most likely to get you the best deal.
Indicative rate 13.95% p.a. Actual rates 8.99%–29.95% p.a. (AIR). One soft check. No credit score impact.
One short form. We handle the matching, the follow-up and the hard work - you just wait for your best deal.
Takes about 5 minutes. Tell us your loan amount and your basic situation. Just the once - no repeating yourself across multiple lender websites.
We run a soft credit check and match you to the lender on our panel most likely to get you the best deal - across rate, terms and fees. No credit score impact from our check.
Our team contacts you with your approval. If it works for you we guide you through to settlement. Funds can be in your account the same day. No obligation at any stage.
Rated 5 out of 5 on Trustpilot
Whatever you need the money for, we match you to the right NZ lender at the right rate - across rate, terms and fit.
From $1,000 to $250,000 for any personal purpose. Fast assessment, competitive rates from 8.99% p.a.
Find my best deal →New or used vehicles. Don't accept the dealer's rate - we find specialist vehicle lenders who may offer you a significantly better deal.
Get my car loan deal →Roll multiple debts into one lower-rate loan. Simplify repayments and potentially save significantly on interest.
See my options →Finance your renovation without touching your mortgage. Secured and unsecured options available.
Find my best deal →Finance new or used boats, jetskis, trailers and motors. Dealer and private sales accepted.
Find my best deal →Cover elective surgery, dental work, fertility treatment and urgent medical costs at competitive rates.
Find my best deal →Finance your holiday, honeymoon or family adventure with a fixed-rate personal loan from a NZ lender.
Find my best deal →Open and employer-specific work visas accepted. Minimum 13 months remaining. NZ-based income required.
See my options →Use an asset as security to access larger loan amounts or better rates from our NZ lending panel.
Find my best deal →Apply once and we match you to the right lender for your situation - rate, terms and fit.
Check My Options
Dealer finance means one lender, one rate, no comparison. Apply once through Payday Advance NZ and we match you to specialist vehicle lenders from our panel who may offer you a significantly better deal — with no impact on your credit score from our check.
We are not a lender. We are on your side, working to find you the best deal - across rate, terms and fit - from our panel of 20+ vetted NZ lenders.
Your credit score is protected
We use a soft credit check that does not appear on your credit file. Applying directly with multiple lenders leaves a hard check every time.
One application, not five
Fill in one form and we do the work. No repeating yourself across multiple lender websites.
Rates from 8.99% p.a.
Access rates and terms you may not find on your own. Our panel includes specialist lenders not available direct to consumers.
Same-day assessments
In most cases you will hear back the same day. Same-day funding is possible for applications approved before 12pm on business days.
20+ lenders on our panel
We work with a wide range of vetted NZ lenders so we can match you to the right one for your specific situation and loan type.
FSPR registered broker
Fully licensed and registered on the Financial Service Providers Register. Your application is handled securely and in full compliance with NZ financial regulations.
What happens to your credit score
Applying direct
5 hard checks
One per lender. Each one lowers your score.
With Payday Advance NZ
1 soft check
No impact on your credit file.
Your credit score stays intact
We help New Zealanders with a range of credit backgrounds get better loan deals. Most people who apply are surprised by what they can access through our panel.
You are employed, self-employed or have regular income
Full-time, part-time, self-employed, benefit and pension income may all be accepted depending on the lender.
You are a NZ citizen, resident or eligible visa holder
Open work visas and employer-specific work visas with at least 13 months remaining are accepted.
You are aged 18 or over
You must be at least 18 years old to apply for a loan in New Zealand.
You need between $1,000 and $250,000
Personal, car, business or secured lending across terms of 6 to 84 months.
What to have ready
Having these on hand will speed up your assessment.
Your NZ driver licence or passport
3 months of bank statements
Details of any existing loans or debts
NZ bank account and mobile number
Many NZ lenders decline visa holders outright. We work with lenders on our panel who specifically cater for employed visa holders with stable NZ income — one application, no credit score impact.
Everything you need to know before you apply.
Can't find what you're looking for? Contact our team
A payday advance is a short-term loan designed to help you cover expenses before your next payday. In NZ, payday advances and personal loans are regulated under the Credit Contracts and Consumer Finance Act (CCCFA). We work with 20+ lenders and match you to the right one for your situation - whether you need a small advance or a larger personal loan.
No. We complete a soft-touch credit enquiry during our assessment which does not appear on your credit file or affect your score. After we match you to a lender, some accept our soft enquiry while others may run their own standard credit check as part of their process.
Every time you apply directly with a lender they run a hard credit check that leaves a mark on your file. Apply to five lenders separately and your score takes five hits before you have borrowed a cent. With Payday Advance NZ you apply once, we assess your situation and match you to the lender from our panel most likely to approve you - all with a single soft check that does not affect your score.
The application takes about 5 minutes to complete. In most cases you will hear back the same day. Same-day funding is possible for applications approved before 12pm on business days. Timing depends on the lender and your bank's processing times.
Through our panel of lenders you can borrow from $1,000 up to $250,000. The amount available depends on the loan type, your credit profile and the lender's criteria. Loan terms range from 6 to 84 months.
Interest rates range from 8.99% p.a. to 29.95% p.a. (AIR) depending on the lender, loan type and your credit profile. A broker fee of up to $1,500 (GST inclusive) and lender establishment fees may also apply. The actual rate offered to you is determined by the lender and disclosed fully before you commit to anything.
Yes. We accept open and employer-specific work visas with at least 13 months remaining, provided you have a regular NZ-based income. We work with lenders who specifically cater for employed visa holders.
Many lenders on our panel accept benefit income, self-employment income and other non-traditional income sources. As long as you have a regular, verifiable income and meet the basic eligibility criteria, you are welcome to apply.
A broker fee of up to $1,500 (GST inclusive) applies when your loan is successfully funded. This fee is added to your loan amount and disclosed clearly before you commit to anything. You are never under any obligation to proceed. Lender establishment fees may also apply depending on the lender.
Our application takes less than 5 minutes to complete. One soft credit check. We compare 20+ NZ lenders and match you to the right one for your situation, rate and terms. No obligation at any stage.
