Rated 5 out of 5 on Trustpilot by 1,030+ New Zealanders. Apply once and we find the lender from our panel most likely to get you a better deal. No credit score impact. Ever.
How much do you need?
We'll find your best deal based on your credit profile.
Calculator is a guide only. Actual rates and fees depend on your profile and lender criteria. Rates from 8.99%–29.95% p.a. (AIR).
One short form. We handle the matching, the follow-up and the hard work.
Takes about 5 minutes. Tell us your loan amount, purpose and basic situation. Just the once.
We run a soft credit check and match you to the lender on our panel most likely to get you a better deal. A soft check does not affect your credit score.
Our team contacts you with your approval. If it works for you we guide you through to settlement. No obligation at any stage.
Ready to get started?
Apply in 5 minutes. One application. A better loan deal.
Don't let the dealer arrange your finance. Apply once with Lending Room and we match you to the lender from our panel most likely to get you a better rate on vehicle finance. Rates from 8.99% p.a. with no impact on your credit score from our check.
Get up to $500 cashback when you settle a car loan through Lending Room. Ends 31 May 2026.
See full terms on our car loans pageMost people don't realise that applying directly with multiple lenders leaves a mark on their credit file every single time. Five applications means five hard credit checks and a lower score before you've even borrowed a cent.
With Lending Room you apply once. We do one soft check, match you to the right lender and present you with your options. Your credit score stays intact and you get a better result.
Whatever you need the money for, we match you to the right NZ lender at the right rate.
From $3,000 to $250,000 for any personal purpose across New Zealand. Fast assessment, competitive rates from 8.99% p.a.
Learn moreNew or used vehicles. We find NZ lenders who specialise in vehicle finance at rates that work for you.
Learn moreRoll multiple debts into one lower-rate loan with a vetted NZ lender. Simplify repayments and potentially save on interest.
Learn moreFinance your renovation without touching your mortgage. Secured and unsecured options available across New Zealand.
Learn moreFinance new or used boats, jetskis, trailers and motors across New Zealand. Dealer and private sales accepted.
Learn moreCover elective surgery, dental work, fertility treatment and urgent medical costs at competitive rates.
Learn moreFinance your holiday, honeymoon or family adventure with a fixed-rate personal loan from a NZ lender.
Learn moreOpen and employer-specific work visas accepted. Minimum 13 months remaining required. NZ-based income required.
Learn moreUse an asset as security to access larger loan amounts or better interest rates from our NZ lending panel.
Learn moreWorking capital, equipment finance or growth funding from $5,000 to $500,000. We match your NZ business to the right lender.
Learn moreApply once and we will match you to the right lender for your situation.
Apply nowWe are not a lender. We are on your side, working to find you the best deal from our panel of 20+ vetted NZ lenders.
Your credit score is protected
We use a soft credit check that does not appear on your credit file. Applying directly with multiple lenders does.
One application, not five
Fill in one form and we do the work. No repeating yourself across multiple lender websites.
Rates from 8.99% p.a.
Access rates you may not find on your own. Our panel includes specialist lenders not available direct to consumers.
Same-day assessments
In most cases you will hear back the same day. Same-day funding is possible for applications approved before 12pm on business days.
20+ lenders on our panel
We work with a wide range of vetted NZ lenders so we can match you to the right one for your specific situation.
What happens to your credit score
Applying direct
5 hard checks
One per lender. Each one lowers your score.
With Lending Room
1 soft check
No impact on your credit file.
Your credit score stays intact
We help employed New Zealanders get better loan deals. We work with borrowers who have a clean or near-clean credit record.
You are employed
Full-time, part-time or self-employed with verifiable income.
You are a NZ citizen, resident or eligible visa holder
Open work visas and employer-specific work visas with at least 13 months remaining.
You have a good credit history
We work with borrowers who have a clean or near-clean credit record.
You need between $3,000 and $250,000
Personal, business or secured lending across terms of 6 to 84 months.
What to have ready
Having these on hand will speed up your assessment.
Your NZ driver licence or passport
3 months of bank statements
Details of any existing loans or debts
Many NZ lenders decline visa holders outright. We work with lenders on our panel who specifically cater for employed visa holders with stable income.
Visa eligibility at a glance
Everything you need to know before you apply.
Can't find what you're looking for? Contact our team
We use a soft credit check during our assessment which does not appear on your credit file or affect your score. After we match you to a lender, some accept our soft check while others may run their own standard credit check as part of their process.
Every time you apply directly with a lender they run a hard credit check that leaves a mark on your file. Apply to five lenders separately and your score takes five hits before you have even borrowed a cent. With Lending Room you apply once, we assess your situation and match you to the lender from our panel most likely to get you a better deal — all with a single soft check that does not affect your score.
We review your application and match you to the lender on our panel most likely to get you a better deal. We do not blast your details to every lender at once. You receive a tailored match based on your situation.
Yes. We accept open and employer-specific work visas with at least 13 months remaining, provided you have a regular NZ-based income and a good credit history.
Yes. We match businesses to lenders for term loans, working capital and equipment finance. Apply once and we find the right fit for your business.
A broker and introducer fee of up to $1,500 applies when your loan is successfully funded. This fee is added to your loan amount and is GST inclusive. It is disclosed clearly before you commit to anything and you are never under obligation to proceed. Lender establishment fees may also apply depending on the lender.
In most cases you will hear back the same day. Same-day funding is possible for applications approved before 12pm on business days.
The minimum is $3,000 and the maximum is $250,000, depending on the lender and your personal circumstances. Loan terms range from 6 to 84 months.
Rated 5 out of 5 on Trustpilot
A personal loan is a fixed amount borrowed from a lender, repaid in regular instalments over an agreed term with interest. Unlike a credit card which revolves, a personal loan has a defined end date — you know exactly when it will be paid off and what each repayment will be. In New Zealand, personal loans are available from banks, credit unions, finance companies and specialist non-bank lenders, with rates and criteria varying significantly between them.
Most personal loans in NZ are unsecured, meaning no asset is required as collateral. Secured personal loans, where you offer an asset such as a vehicle, typically attract lower rates because the lender carries less risk. Loan terms generally range from 6 to 84 months and amounts from $3,000 to $250,000 depending on the lender and your profile.
Personal loan rates in NZ currently range from 8.99% p.a. to 29.95% p.a. The rate you are offered depends on a combination of factors that vary by lender, which is why the same borrower can receive very different rates from different lenders.
Your credit score is one of the most significant factors. A clean credit history with no missed payments or defaults typically unlocks lower rates. Even a near-clean record can qualify with the right lender, though the rate offered may be higher to reflect the additional risk.
Lenders want confidence you can service the loan. Full-time employment is viewed most favourably, but part-time and self-employed borrowers with verifiable, consistent income can also qualify. The strength and stability of your income directly influences which lenders will consider you and at what rate.
Larger loan amounts and longer terms carry more risk for lenders and can attract higher rates. A shorter term typically costs you less in total interest even if the monthly repayment is higher. Use the calculator on this page to compare total repayment across different terms before you decide.
Always compare the total repayable amount, not just the interest rate. A low rate with high establishment fees can cost more overall than a slightly higher rate with lower fees. Our team walks you through the full cost of any offer before you commit.
Every time you apply directly with a lender in NZ, they run a hard credit check that is recorded on your credit file. This is visible to other lenders and can lower your score, sometimes significantly, if you make multiple applications in a short period. The problem is that most borrowers apply with several lenders to compare rates, which results in several hard checks before they have even borrowed a cent.
Lending Room runs one soft credit check during our assessment. A soft check does not appear on your credit file and does not affect your score — giving you access to 20+ lenders with a single inquiry rather than one hard check per lender.
It can be tempting to borrow a little extra as a buffer, but every dollar borrowed accrues interest for the full term of the loan. Work out the exact amount you need before you apply and stick to it. If your situation changes you can always apply again.
A holiday loan does not need a 7-year term. Matching the loan term to how long you will realistically benefit from what you are borrowing for keeps the total cost proportionate. A car that will last 5 years justifies a 5-year loan. A holiday is better repaid in 12 to 24 months.
Some NZ lenders charge a fee if you repay your loan early. If you think you may want to make extra repayments or clear the balance ahead of schedule, check the lender's terms before committing. Our team will flag this for any offer we present you with.
Our application takes about 5 minutes to complete. We handle the matching on your behalf with no credit score impact.
