Personal Loans

Personal loans starting from 10.95% p.a variable*

Low rates. No hidden fees.

We love not being a bank, it means we can offer you low interest, personal loans with no application fees!

Get on top of debt, purchase a new car, or make your dream holiday a reality - we can tailor our personal loans to suit your budget.

Apply online with our simple personal loan application. Click here to see a quick video about our online loan application process.

Please note: There has been an update to legislation which changes how we can lend you money. For more information about these changes, click here

Before you borrow, make sure you check out the Responsible Borrowing Code.

IMPORTANT - You are protected by responsible lending laws. Because of these protections, the recommendations given to you about our personal loans are not regulated financial advice.

This means that duties and requirements imposed on people who give financial advice do not apply to these recommendations. This includes a duty to comply with a code of conduct and a requirement to be licensed.



Check out the important stuff
  • 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.

  • 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 7 years.

    No application fees 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.

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