Interest Rates and Standard Fees
Admiral Finance Limited and Quickloans.co.nz
Phone: 0800 200 269
Last updated: November 2024
Standard Interest Rates
| Loan Type |
Minimum Rate |
Maximum Rate |
| Secured Loan |
9.95% |
23.95% |
| Unsecured Loan |
13.95% |
23.95% |
Interest is calculated daily on the unpaid balance and posted monthly.
There are no early settlement fees.
Establishment Fees
| New Advance Amount |
Fee |
| $0 – $399 |
$95 |
| $400 – $499 |
$95 |
| $500 – $599 |
$165 |
| $600 – $799 |
$195 |
| $800 – $999 |
$230 |
| $1,000 – $1,499 |
$275 |
| $1,500 – $1,999 |
$295 |
| $2,000 – $2,999 |
$325 |
| $3,000 – $4,999 |
$350 |
| $5,000 – $9,999 |
$400 |
| $10,000 – $19,999 |
$450 |
| $20,000 and over |
$595 |
| Business Loans or Trusts |
$595 |
Additional fees may apply for:
- Loan top-up: up to $250
- Change of security (non-land): up to $150
- Loan restructure or redocumentation: $95
- Loan variation (not restructure or security change): $50
- Legal documentation (if required): as invoiced
- Collateral inspection (staff): $95
- Collateral inspection (third party): as invoiced
- Credit check with ID/AML: $10
- AML ID report: $7
- Biometric ID verification: $13
- PPSR search: $8 per item
- LINZ title search: $15 per property
- Vehicle search (Motochek or CarJam): $3 per item
- E-bank statement: $3 per request
Loan Administration and Processing Fees
| Fee Description |
Amount |
| Monthly admin fee (third-party direct debit) |
$15 |
| Monthly admin fee (bank direct debit) |
$12 |
| Special statement request |
$10 |
| Request for disclosure |
up to $120 |
| Refund of overpayment |
$20 |
| Unidentified deposit investigation |
$15 |
| Early settlement/prepayment |
$0 |
| Prepayment compensation |
$0 |
Collateral Registration and Discharge Fees
| Fee Description |
Amount |
| PPSR registration |
$8 |
| PPSR renewal |
$8 |
| LINZ mortgage or caveat registration/discharge |
$245 |
Default and Arrears Fees
| Fee Description |
Amount |
| Arrears management fee |
$2 per day |
| Reminder/default letter, SMS, email, or call |
$10 each |
| Property Law Act notice |
$45 |
| Field visit by staff |
up to $95 |
| Field visit by third party |
as invoiced |
| Consumer monitor fee |
$7 |
| Travel or mileage |
per AA rate |
| Default time fee (admin work on default account) |
$60 per hour |
Repossession Fees
| Fee Description |
Amount |
| Repossession warning letter |
$45 |
| Warrant to repossess |
$45 |
| Post-possession or demand notice |
$45 |
| Repossession agent |
as invoiced |
| Storage fees |
as invoiced |
| Return of repossessed items |
as invoiced |
Collection Costs
| Fee Description |
Amount |
| Collection agent commission |
as invoiced |
| Disputes Tribunal fee |
as invoiced |
| Court proceedings fee |
as invoiced |
| Other charges |
as invoiced |
