Rated 5 out of 5 by 1,260+ Kiwis. We compare your application across 20+ vetted NZ lenders and come back with the best deal on rate, term and fees. One application. We handle the rest.
Most applicants hear back the same business day. Not sure you qualify? Check here →
We run a soft credit check during our assessment. This does not affect your score. Once matched, some lenders accept our check while others may run their own. "Best deal" means rate, term, fees and fit, not just the lowest headline rate.
Estimate your repayments.
Slide to see what your loan could look like across our panel.
Indicative rate 12.95% p.a. Actual rates 8.99%–29.95% p.a. (AIR). One soft check. No credit score impact from our check.
One short form. We handle the matching, the lender conversations and the follow-up so you only have one decision to make.
Tell us your loan amount, purpose and basic situation. Takes about 5 minutes and you only ever do it once.
We run a soft credit check and match you to the lender on our panel most likely to get you the strongest deal across rate, term and fees.
Our team walks you through the full cost picture before you commit to anything. You decide whether to proceed. No obligation at any stage.
Ready to get started?
One form. We do the searching. You choose the deal.
Dealer finance means one lender, one rate, no comparison. Apply once through Lending Room and we match you to specialist vehicle lenders from our panel who may offer you a significantly better deal — with no impact on your credit score from our check.
Every time you apply directly with a lender, they run a hard credit check. Apply to five lenders and your score takes five hits before you have borrowed a cent. We search across our panel so you only need one.
Your credit score stays intact
Our soft check does not appear on your credit file. Applying direct with multiple lenders leaves a hard mark each time, lowering your score at exactly the wrong moment.
Access to specialist lenders
Our panel includes lenders who specialise in personal finance, including some not available directly to consumers, with rates from 8.99% p.a.
Matched to the right lender
Not every lender suits every borrower. We look at your full picture and send your application to the lender most likely to get you the best outcome.
We are on your side
As a registered NZ loan broker (FSP486566), we are required to act in your interest and disclose all fees clearly before you commit to anything.
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
One soft credit check. No score impact. No obligation to proceed.
Whatever you need the money for, tell us once and we find the right lender for your situation.
From $3,000 to $250,000 for any personal purpose. Specialist lenders. Fast assessment. Rates from 8.99% p.a.
Find my best dealNew or used vehicles. Dealer finance rates are often significantly higher than what specialist vehicle lenders offer.
Get my car loan dealRoll multiple debts into one fixed-rate loan. One repayment, one lender, potentially less interest overall.
See my optionsFinance your renovation without touching your mortgage. Secured and unsecured options available.
Find my best dealNew or used boats, jetskis, trailers and motors. Dealer and private sales both accepted.
Find my best dealElective surgery, dental work, fertility treatment and urgent medical costs. Competitive fixed rates.
Find my best dealHoliday, honeymoon or family adventure. A fixed-rate personal loan with a repayment schedule you can plan around.
Find my best dealOpen and employer-specific work visas accepted. Minimum 13 months remaining. NZ-based income required.
See my optionsUse an asset as security to access a larger loan amount or better rate from lenders who specialise in secured lending.
Find my best dealWorking capital, equipment finance or growth funding from $5,000 to $500,000. Matched to the right lender for your business.
Find my best dealApply once and we match you to the right lender for your situation.
Find my best dealWe work with employed New Zealanders who have a good credit history. Here is what lenders on our panel typically look for.
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 need between $3,000 and $250,000
Personal, business or secured lending across terms of 6 to 84 months.
Not sure if you qualify? Apply and we'll let you know. In most cases we respond the same business day.
What to have ready
Having these on hand speeds 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 NZ income. If your visa has at least 13 months remaining and you have a good credit history, it is worth checking your options.
Everything you need to know before you apply.
Still have questions? Talk to our team
When we say we find your best deal, we mean the most favourable overall lending package for your situation, not just the lowest interest rate. A loan with a low headline rate but high establishment fees, an unsuitable term or a repayment structure that does not match your cash flow may cost you significantly more in total.
We look at the full picture: interest rate, loan term, establishment fees, repayment frequency and lender fit for your credit profile and purpose. We present you with the offer we believe gives you the strongest overall outcome and walk you through the full cost before you commit to anything. You are never under any obligation to proceed.
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 on our panel most likely to get you the best deal, all with a single soft check.
We review your application and match you to the lender on our panel most likely to get you the best deal. We do not send your details to every lender at once. You receive a tailored match based on your situation, loan type and credit profile.
About 5 minutes. You will need your basic personal details, income information and an idea of how much you want to borrow. Having your driver licence or passport and 3 months of bank statements on hand will speed up the assessment once we receive your application.
Yes. A recent bank statement helps us understand your full financial situation so we can match you with the lender most likely to approve you at the best rate and terms. Without it we are working with only part of the picture.
Most NZ lenders now require statements through a verified secure connection rather than PDFs. The process takes 2 to 5 minutes, uses bank-grade encryption with read-only access and your login details are handled directly between you and your bank. They never reach our system.
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 is added to your loan amount and is GST inclusive. It is disclosed clearly before you commit to anything. Lender establishment fees may also apply.
In most cases you will hear back the same business 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 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 and repaid in regular instalments over an agreed term. 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 loans, where you offer something like a vehicle, typically attract lower rates because the lender carries less risk. 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 and repayment history are among the most important factors. A clean record with no missed payments or defaults typically unlocks lower rates and more lender options.
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.
Larger 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.
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 recorded on your credit file. This is visible to other lenders and can lower your score if you make multiple applications in a short period. The problem is that most borrowers apply with several lenders to compare rates, resulting in several hard checks before they have borrowed anything.
A soft credit check is different. It lets a lender or broker review your credit position without leaving a mark on your file. It does not affect your score and is not visible to other lenders. Lending Room runs one soft check during our assessment, giving you access to 20+ lenders with a single inquiry rather than one hard check per lender applied to directly.
Every dollar borrowed accrues interest for the full term. Work out the exact amount you need before you apply and stick to it.
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 financing keeps the total cost proportionate.
Some NZ lenders charge a fee if you repay early. If you might want to clear the balance ahead of schedule, check the lender's terms before committing. Our team flags this for any offer we present.
We match you to the right lender from our panel of 20+ vetted NZ lenders and walk you through the full cost picture before you commit to anything.
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