We know unexpected situations happen every day, so when you need cash, it’s our job to make getting a loan as easy as possible for everyday Kiwis like you. We built our loan eligibility criteria with one simple goal: to help as many Kiwis as possible get the money they need when they need it. Here we cover what type of loans we offer at Why Not Finance and what you need to get the ball rolling on your loan application today!

What do you need to apply for a loan with us? Well, we don’t ask for a lot, promise!

Be over 18

Taking out a loan is a big commitment. We need to know you can manage the responsibility, so we only accept loan applications from those 18 years and above.

Live in New Zealand

To meet our loan eligibility, you must reside in NZ as a resident, citizen, or on a working visa and be able to show us proof of address.

Have Two Valid Forms of ID

You’ll need to have two forms of ID, including one photo ID (passport or driver’s licence); the second form could be a community services card or even a bank card with your name and signature. For non-NZ residents, we need to sight your passport before we can approve your loan.

Proof of Income

We are committed to ensuring Kiwis don’t get in over their heads regarding loan payments. Our team requires your three most recent pay slips (your latest financial records if you are self-employed) and your previous three months of bank statements. In doing so, our team gets a complete picture of your financial situation and can work with you to find the best loan and repayment schedule possible.

Loan Security

Our loans are predominantly security-based, so you will also need some form of collateral in the form of car, property, or transferable securities such as life assurance policies or shares.

What Type of Loans can You get with Why Not Finance?

Whether it’s a burst pipe, rapidly sinking your bathroom, or a car engine that’s developed a Covid-like cough, Why Not Finance will have a loan to suit your money troubles. Here is a list of the loans we can offer you:

• Personal loan
• Vehicle loan
• Small business loan
• Consolidation loan
• Travel loan
• Wedding loan

Be prepared for anything life throws at you with a loan from Why Not Finance.

Don’t Sweat the Small Stuff or the Big Stuff with Why Not Finance

When your car starts chugging through its last breaths, you don’t have time to wait for your loan to be approved. With Why Not Finance, loan eligibility is simple, and approvals happen within hours. Fill out one of our application forms; it only takes a few minutes. Start your journey towards financial freedom today!