Get a last minute loan when you really need it. LastMinuteLoan is a fast and simple, short-term solution, not a long-term problem.
Applying with LastMinuteLoan is super-fast, taking just minutes. A automated system is fully online so no painful face-to-face meetings.
Terms: Minimum 16 weeks to Maximum 52 weeks
Maximum APR of 98% including all fees and charges
On average, people have the money available within minutes of the transfer. Sometimes it may take up to 2 hours, though, depending who you bank with.
Loans are not rolled over or refinanced, and therefore no renewal fee is charged.
The penalties for non payment vary depending on the lender that finally fullfils your loan requirements. They range from civil legal action to ongoing fee's and charges untill the loan balance is settled.
For our Small Loans of $200 to $2,000, an APR (Annual Percentage Rate) doesn't apply. These loans are fee-based only, so they don't have an APR. The Medium Loans have a maximum APR of 48%. The Small Loans have a maximum APR of 98%.
You'll always see a clear breakdown of all your fees and repayments before you confirm your loan. As a quick reference, though, here's a general breakdown of fees:
If you can't repay on time please let the lender know immediately so they can reschedule the repayment. The fee for missing repayments is $15. Other fees and charges may also apply depending on the lender. If you miss a payment, the lender will always try to contact you to attempt to sort out an affordable arrangement.
All participating lenders comply with all government regulations related to short term loans and are compliant. Lastminuteloan is compliant with all regulations related to the referral of loan enquiries.
!WARNING - Do you really need a loan today? *
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
For information about other options for managing bills and debts, www.sorted.org.nz, www.cab.org.nz, www.capnz.org, www.consumeraffairs.govt.nz, www.comcom.govt.nz
Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
The Government's Consumer Affairs website shows you how small amount loans work and suggests other options that may help you.