Applying for Cash Loans NZ

People around New Zealand require cash loans for a number of reasons. The main reason why people require money in a hurry is that they have an urgent home maintenance job that cannot wait or their vehicle broke down and they cannot get to and from work.

The problem is that obtaining cash loans in NZ isn’t as easy as it used to be. Up until a year or so ago, you could walk into your bank, fill out an application and meet with the bank manager and the money would be in your account within a day or two.

This has resulted in most household maxing out their credit cards and then still being unable to pay for the urgent repairs or items that they need. Going to their bank isn’t an option because bank lending procedures have become so strict that they are declining more applications than approvals.

Search Online

The only solution is to apply to an online financial provider. Online financial providers are mostly private companies that offer financial solutions to households that need cash loans in NZ.

One of these companies is Yes Finance, a leader in the New Zealand financial industry. Yes Finance has been helping New Zealand residents with secured and unsecured loans since 1997 and approve more applications than they decline.

The main focus of Yes Finance is to ensure that you can pay back the amount you are borrowing. They take a number of factors into consideration to see if they can help you. This improves the odds of you being approved.

Yes Finance take age, employment status and credit history, along with some other factors into consideration and then make a quick and informed decision so that the NZ cash loans you have applied for can reach your bank account in the shortest space of time.

With Yes Finance there is an easy and quick online application which must be completed in full to be considered for a loan. All applicants must be over eighteen and be New Zealand residents or have a valid work permit.

The cash loans NZ that they offer are payable over one to three years, depending on the amount of the loan and the terms you both agree to. This financial provider offers unsecured loans up to $2,000 and secured loans between $500 and $25,000.

There is a difference between the two and unsecured loans will require you have an excellent credit history as no security is taken to secure the loan. Secured loans are easier to have approved as you put down some form of security against the loan, reducing the risk to Yes Finance and ensuring you get the money you need in a hurry.

With the easy applicant process offered by Yes Finance, more New Zealand residents are getting the money they need without delay. Payments are taken in monthly instalments by direct debit, which automatically reduces the risk of forgetting to make a payment or being late with a payment, both of which could damage your credit history.