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Contact us / opening hours

Phone: 0800 227 484
Fax: 0800 001 477
Email Address: service@zethus.co.nz
Postal Address: P O Box 11187, Ellerslie, Auckland 1542

We are open during standard business hours:

Monday: 8.30am – 5.30pm
Tuesday: 8.30am – 5.30pm
Wednesday: 8.30am – 5.30pm
Thursday: 8.30am – 5.30pm
Friday: 8.30am – 5.30pm
Unfortunately, we do not operate on Public Holidays.
All supporting documents must be received no later than 4.00pm in order for us to process your application on the same day.
If you apply for a loan over the weekend, your application will be reviewed on the following business day.

Before you apply

A Loanwise loan may be appropriate for a large number of situations including; car repairs, unexpected doctor or dentist bills, to pay off a more expensive loan or consolidate several loans, buying a car, home, boat or to assist with your business cash flow needs

To pre-qualify, you need to meet the below criteria:

  • You need to be at least 18 years old and a NZ citizen or resident currently living in New Zealand;
  • You need to have been permanently employed with the same employer for at least 3 months and you need to be earning at least $350 a week (after tax) excluding government benefits;
  • Your pay needs to be credited on a regular basis into your own NZ bank account that has been open for at least 3 months;
  • You are not currently Bankrupt, under a No Asset Procedure or Summary Instalment Order;
  • You have access to the Internet and a mobile phone.

Please note this is a guide only – in certain circumstances we may not be able to offer you a loan.

You need to have been permanently employed for at least 3 months and earning at least $350 a week (after tax) excluding government benefits. We would be able to lend money to working New Zealanders who could repay the loan without experiencing financial difficulties.
You wouldn’t qualify for a cash loan with us if you are:

  • Unemployed
  • Under ACC
  • A Beneficiary
  • A Disability Beneficiary
  • A Pensioner
  • A Student

As long as you receive a regular income of more than $350 a week (after tax) excluding government benefits, that is directly deposited into your NZ bank account, you may still be approved. However, we review these on a case-by-case basis and are at our discretion.

Provided you have a regular job in addition to your benefit and your salary/wages is your main source of income, you may still qualify for a loan – however, we are unable to help if you are on a benefit only. We are mindful of ensuring any loan will be able to be repaid without causing undue hardship.

We will only approve one loan at a time.

You can apply for:
Unsecured Loans – as little as $1,000 or up to $25,000.
Secured Loans – as little as $1,000 or up to $50,000.

Please note that the maximum amount is partially based on your income after expenses. As a responsible lender, we will only lend a percentage of your regular income - partially based on how much you earn and how much you have left after expenses. This loan affordability check will form part of your online application process.

Unfortunately, not. We require that all loan applications be submitted online, via this website. The online application ensures accurate information is relayed to us, which allows for speedy processing of your loan application. Please contact us if you are having issues on our website, we will be happy to assist you.

Your pay must be deposited directly into your own NZ bank account.

The costs depend on how much you want to borrow and over what period of time you choose. The longer you take out the loan for, the more it will cost you – however, early repayment is allowed at any time and at no charge for unsecured loans. Early repayments on secured loans have a small fee.

For full details of interest, fees & charges, click here.

All costs of borrowing can be found here. Applies to unsecured loans only.

This is an optional fee if you are able to supply a copy of your own third party Insurance details (This must contain an Income Protection Policy).
For our long-term unsecured loans, we must have a valid type of repayment waiver or income protection policy.
Full details of the coverage and terms & conditions of our Repayment Waiver are set out on page 4 of the loan agreement, a sample of which can be found here.

If you have had issues with your credit in the past – such as defaults, judgements and collections – you may still be approved for a loan as we mainly look at your current ability to repay it. However, your application will be declined if you are currently bankrupt or have come off bankruptcy or SIO within the last 6 months.

We understand you may have had and repaid a cash loan with us previously, but to be fair, we need to take into account the applicant's (your) ongoing financial position. Therefore, every loan application is treated on an individual basis.

You can use a joint bank account, as long as your name is on it and we can clearly see your wages / salary being paid to that account and you confirm it is a one signature signing account.

An application can be made online by you at any time, 24/7. You do not have to wait for anything to apply for a loan with us. However, we will only be able to process your application during standard business hours.

An online application submitted through our website stays valid for 5 working days
If we do not receive all required documents by the morning of the fifth working day, then your application will be cancelled.
We make several contact attempts via phone call, email and text during the 5 working days your application is valid to follow up on any missing documentation we require to process the loan.

At this stage, we can only offer one payment type:

Overnight Payment: (Standard and Free of charge)

Application Process

The whole application process is done online. This means you will need to have internet access, your own mobile phone and your own NZ bank account number to apply.
Once you have decided what term, amount and number of repayments you would like, click the Apply Now and fill out our online application form.
If you have filled this out you will then receive a call from one of our helpful staff outlining the short set of documents we require to process your application.
Supporting documents include; latest 90-180 days of bank statements, a valid photo ID, selfie and recent proof of address to process your application.
Once our lending team have received your documents, they will process your application and will provide you with an outcome shortly thereafter.

Yes, for loans of this size and duration we do need to do a credit check to assess and ensure the affordability of your repayments. However, this is only a part of our loan application review process and is not the only information we consider.

Yes, as responsible lenders and to ensure you can afford our loans we may call your employer to verify any information provided during your application process.
We normally only do an anonymous call to your employer during the application stage, but we reserve the right to do a full employer check, This may include contacting your payroll to request any information which may help speed up the processing of your loan application.
Should you default on your loan, your referees and employer may be contacted, but usually only if we can't contact you or make a suitable repayment arrangement.

You can fax or scan and email the following to us:

Latest 90-180 days of bank statements (Bank Verification is compulsory);
Valid Photo ID (Passport, NZ Driver's Licence or Firearm’s Licence);
A selfie of you holding your Photo ID (see our guide here);
Proof of address (less than 3 months old) -Must be from a government agency if no passport; and
Any other document we may request to be able to validate the information provided by you

We need basic information from you to confirm details, and administer the loan responsibly.
The most important information we require is:

Your income details: So we can ensure you are only borrowing an amount you can afford to repay!
Your physical home address: To confirm your residence in New Zealand.
Employment status: To help us confirm your eligibility, as without a job we cannot lend to you!
Pay cycle and the date of your next pay: This allows us to set up your direct debits correctly.

We strive to review all loan applications within 1 hour of getting all the required paperwork from you (8.30am – 4.30pm, business days only).
Any delays in getting your paperwork to us will delay the processing time.

If your loan application has been given final approval, the money will be transferred into your bank account overnight (Monday to Friday excluding public holidays)

If you have changed your mind on the amount that you require, you will need to contact us as soon as possible within the 5 working day period your application has been open. However, if the amount you are requesting is more than your personal application limit or more than we can fund then your application may be brokered out to one of our external lenders.

You can scan or take photos of the documents with your smart phone and email them to us, upload them using our online upload facility or fax them to us.

Repaying your loan

You have the right to cancel the loan at any time. Interest and fees will cease being charged following full repayment. There are no additional costs for cancelling your loan. Any Repayment Waiver Fee charged to you will be refunded in full if you cancel your loan in the first thirty days or otherwise will not be refunded.
Please refer to your Loan Agreement for full terms and conditions, see a sample contract here or visit our Cancellation Rights page here.

It’s easy - we set up an automatic direct debit for your convenience, to make deductions from your bank account when you get paid.
You have to ensure the required cash is available in your bank account as agreed. The total due will then be deducted from your bank account automatically on the repayment date(s). The dates are typically aligned with your payday. All payment dates will be clearly stipulated in your loan agreement.

Because we are a responsible lender, we encourage you to repay your loan as soon as possible. As interest is calculated daily, it is usually in your best interest to make repayments as funds become available to you. We will set up an automatic direct debit on your bank account to match your pay date. For our unsecured loans, early repayment can be made at any time without incurring an early repayment fee. For our secured loans, please see our cost of borrowing on what the early repayment fee will cost. Feel free to contact us to arrange an early repayment.

It can take up to 2 business days for a payment from you to clear, so if you wish to apply for another unsecured loan before then, you will need to send through a bank statement showing that your final payment has cleared. Please consider if reusing our service is appropriate for you.
You can apply for further funds if;

You currently have an open loan and it has been running longer than half of its original term (provided you are currently not in default)
OR
You have paid off your last loan in full.
Usual fees, terms & conditions will apply for any new loan.

If for some reason you are not able to make a repayment on time or you decide you want more or less repayments, then you can contact us and we can look into adjusting your repayments – adjustments are looked at on a case-by-case basis. We must be notified at least 24 hours before the day that your direct debit is due; otherwise we cannot guarantee that the payments can be amended.
Please note:
There is a small fee for this adjustment as set out in your loan contract.
We cannot do adjustments on first loans and are unable to do more than one adjustment on Monthly paid accounts.

Fees will apply for defaults (missed or failed payments) and will be added to your existing loan balance. You can find information on these fees in your loan contract or on our cost of borrowing page.
If you contact us early to arrange a make-up payment, we may be able to waive some of the default fees and interest - see our Repayment Problems page here.

General Questions

Loanwise is an honest online lender committed to responsible lending. We are a NZ government registered lender and our registration number is FSP298566. We check every loan application against a set of strict responsible lending criteria to ensure the affordability and suitability of the loan.

You may need a PDF Reader installed on your computer - you can download it for free from www.adobe.com.

Absolutely!
We provide a 256-bit bank level encryption of data, creating a ‘read only’ service – this means we cannot make any changes or transactions on your accounts. Once the data has been loaded, the connection to the bank is closed immediately.
We have also had our service independently tested by an industry leading security service.
We do everything we can to ensure that only the best level of security is safeguarding your important information.

You should contact us as soon as you can; as default fees and/or default interest will apply for missed or failed payments. Please click here for assistance on what to do.

For full details of what events are covered under your repayment waiver and any exclusions – please refer to page 4 of your loan contract or page 4 of our Sample Contract online.

Please click here to fill in our form to request our repayment waiver application and guide.
Once submitted, you should receive our PDF application and guide within 48 hours.

We strive to provide a quality service to all of our customers. However on occasions things don’t always go smoothly, but don’t worry we will endeavour to put things right.
As a responsible lender, we are a member of an independent dispute resolution scheme operated by Financial Services Complaints Limited (“FSCL”) and approved by the Ministry of Consumer Affairs.
Please click here for information on our complaints process and details on our independent dispute resolution scheme.

You are eligible to apply for unforeseen substantial financial hardship if:

1. You have not been in default for more than 2 months; and
2. You have not missed 4 or more payments; and
3. You have not previously applied for hardship in the last 4 months (unless your current application is due to materially different reasons than the last application); and
4. The cause of your financial hardship was NOT reasonably foreseeable to you at the time you took out the loan.

Please click here to fill in our form to request our financial hardship application and guide.
Once submitted, you should receive our PDF application and guide within 48 hours.

BEFORE YOU APPLY

You most probably do if you meet the following criteria:

  • You need to be at least 18 years old and a NZ citizen or resident currently living in New Zealand;
  • You are not currently bankrupt, under a Summary Instalment Order or No Asset Procedure;
  • Your income needs to be credited on a regular basis into your own NZ bank account that has been open for at least 3 months;
  • You have access to the Internet and a mobile phone.

A Loanwise Brokered loan may be appropriate for a large number of situations including; car repairs, unexpected doctor or dentist bills, to pay off a more expensive loan or consolidate several loans, buying a car, home, boat or to assist with your business cash flow needs.

We will only approve one loan at a time

You can apply for:
Unsecured Loans – as little as $1,000 or up to $25,000.
Secured Loans – as little as $1,000 or up to $50,000.

The amount that you may be able to borrow will depend on a number of factors including income, affordability of repayments, credit agency score, security provided, the number of borrowers or guarantors on the loan, etc. Our network of lenders will take all of this information into account if they contact you with a loan offer.

As a broker we will place your loan directly with an external lender - all Interest, fees and charges, terms and conditions will be explained prior to you accepting any loan offer.

If you have had issues with your credit in the past – such as defaults, judgements, and collections – you may still be approved for a loan. However, you cannot be currently bankrupt, under a summary instalment order or no asset procedure. Note your credit history will in most cases affect the interest rate offered by the external lenders.

Part-Time
If you are working part-time and are earning less than $400 a week (after tax) you may still be eligible for a loan. You may be required to provide a guarantor, joint applicant or security for one of our external lenders to provide you with a loan.
Self-Employed
You may need to provide your financials for the previous year and a statement of your current financial position before one of our external lenders may look at providing you with a loan.

All loan applications will be reviewed on a case-by-case basis.

External lenders have different lending criteria so you may be required to provide a guarantor, joint applicant or security for one of our external lenders to provide you with a loan.

Your pay must be deposited directly into your own NZ bank account.

APPLICATION PROCESS

Apply on our website for the amount that you would like to borrow. If you are applying for a joint loan or a loan including guarantors, please also include this information in your application. We will require some supporting documents like latest 90-180 days bank statements and proof of address, a valid photo ID with a selfie to process your application, all of which can be provided electronically speeding up the application process.

Yes, for loans of this size and duration we do need to do a credit check to assess and ensure the affordability of your repayments. However, this is only a part of our loan application review process and is not the only information we consider.

Yes, as responsible lenders and to ensure you can afford our loans we may call your employer to verify any information provided during your application process.

You can fax or scan and email the following to us:

Latest 90-180 days worth of bank statements
Valid Photo ID (Passport, NZ Drivers Licence or Firearms Licence)
A selfie of you holding your Photo ID (see our guide here)
Proof of address (less than 3 months old)
Any other documents we may request to validate the information provided by you

We strive to review all loan applications promptly. Any delays in getting your paperwork, employment verification, settlement figures or security information can delay the processing time.

Once your loan application has been given final approval, the money will be transferred into your bank account that night (Monday to Friday excluding public holidays) however each external lender may have different processing times which may delay you receiving your money.

If your loan has not been paid out, you can cancel your application by contacting us. Once a loan has been paid out by one of our external lenders then you will need to contact that lender directly to see if you can cancel the loan, and what fees & interest if any, you will need to pay to cancel your loan. Check your loan agreement for information on your rights to cancel.

REPAYING YOUR LOAN

Please talk to your external lender directly if you have any questions regarding repaying your loan.
Questions can include;

How to make payments (and any processing charges involved)
Early Repayments
I am unable to make my payment on the due date
What happens if I default
I am in financial hardship
I need to make a claim on my insurance

GENERAL QUESTIONS

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