A Closer Look at the Benefits of Small Personal Loans over Credit Cards. 

Navigating the financial landscape can be daunting with a myriad of options available to cater to varying monetary needs. However, a flexible and easy-to-access solution that is increasingly capturing people’s interest is small personal loans. These loans present numerous advantages when stacked against conventional credit cards. In this article, we will explore these benefits and answer common questions about small personal loans. 

Streamlined Application Process 

Whether it’s an unexpected expense or fulfilling a long-cherished dream, small personal loans can be your reliable ally. You can submit your application in a variety of ways – online, over a phone call, or even face-to-face. Our application process is designed to provide swift responses, allowing you to organize your finances more efficiently. 

Adaptable Borrowing Limits 

Our small personal loan offerings range from $2000 to $20,000. The approved loan amount primarily depends on the collateral you provide. Plus, we align your repayment schedule with your pay cycle, making the repayment process straightforward and hassle-free. 

Rapid Access to Funds 

Upon loan approval and completion of the necessary paperwork, the funds become accessible in your bank account by the next business day. We recognize the urgency that sudden financial needs can create. Therefore, we provide expedited money services and round-the-clock telephonic assistance to cater to your immediate financial demands. 

A Fair Approach to Credit History 

While traditional lenders may be reluctant to serve those with imperfect credit histories, our approach is more understanding. We comprehend that everyone’s financial journey is unique and make every effort to approve your loan application.  

Customizable Repayments 

Your small loan repayments can commence from $20 per week. We work in tandem with you to customize repayments to suit your financial abilities. Moreover, there are no penalties or fees if you decide not to proceed with the loan before signing the agreement. As for early loan repayments, they’re absolutely free! 

The Edge of Small Personal Loans Over Credit Cards 

There are compelling reasons why small personal loans might be a smarter choice than credit cards: 


Fit for Use: Our loans start at just $2000, whereas banks often have a minimum cap of several thousand dollars. 

Fast Approval Process: Our loan approval process is swift and efficient, often conducted online or over the phone, and the loan amount can be in your bank account the same day. 

Ease of Use: Managing and repaying a smaller loan is easier, customized to fit your budget and lifestyle. 

Low Hassle Factor: Our loan process involves minimal paperwork and fewer bureaucratic hurdles. 

Availability: Our loans are accessible to all New Zealand residents, provided your credit rating is sound and you have some security. 

Cost Effectiveness: Our interest rates and fees are competitive, especially compared to credit cards. 


Our team at Why Not Finance are ready to help you navigate your unique financial circumstances. Take control of your finances today with our small personal loans. Contact the team at Why Not and talk through your situation to see if we can help.