How To Apply

Apply for a Personal Loan – Your Way

Applying for a personal loan with First Credit Union is quick and easy. You can choose:

  • Online: Complete your application in just 6–10 minutes from the comfort of your home.
  • In-branch: Visit your nearest branch and our friendly team will guide you through the process. 
  • Over the phone: Our Call Centre is open Monday 10.00am to 5.00pm and Tuesday to Friday 8.00am to 5.00pm and will be happy to help with any inquiries.

What you’ll need: 

  1. Your internet banking login details to securely upload your last 90 days of bank statements via Credit Sense. (*only required if you are not receiving your wages into an FCU account) 
  2. Details of any security you can offer (e.g., vehicle, savings, property)
  3. Information about any loans you guarantee 

What happens next? 

  • After you’ve completed and submitted your application, we’ll send you a link via email so you can check in on the status of your application—keeping you informed every step of the way.
  • Our lending team will review your application and will contact you within 1–3 working days
  • If approved, we’ll call you to arrange the easiest way to sign your documents
  • You’ll need to provide photo ID when signing (see our list of acceptable IDs)

Applicant Checklist

✔Choose how you want to apply: Online (6–10 mins), In-branch or over the phone

✔ Your internet banking login details (for Credit Sense upload) (if your wages don’t come into an FCU account)

✔ Details of security (vehicle, savings, property)

✔ Details of any loans you guarantee

✔ Valid photo ID 

Start your application today!

Open online form

Important Information

*Normal lending criteria apply and T&Cs apply. 

Normal floating rates range from 10.95% p.a. variable to a maximum of 18.00% p.a. variable

Minimum loan term 3 months. Maximum loan term 5 years.

No application fee and no early repayment penalties. 

^Third-party fees such as credit check, credit sense, motor check, PPSR, Docusign and cloudcheck of up to $29.90 per applicant may apply. View our rates and fees here.

 

Example of the total cost of a loan

When getting a loan it is important to consider the costs involved.

Here is an example of the total cost of a secured car loan:**

Borrowing $10,000
Application fee $0
Third party fee^ $29.90
Total $10,029.90
Total interest $2,393.94
Total amount payable $12,423.84

Over a 4 year term at 10.95% p.a variable rate, weekly repayments would be $59.73.

**Figures are an indication only and does not include loan protection insurance.

^Third party fees of up to $29.90 for Credit Check, Credit Sense, Motor Check, PPSR, Docusign and Cloudcheck per applicant may apply.

 

First Credit Union's head office is at: 111 Collingwood Street, Hamilton, New Zealand