Responsible Lending Information

Frequently Asked Questions

Do lenders have to be honest?

Yes, lenders are required by law to be honest when advertising and selling financial products. The responsible lending code of New Zealand sets out what lenders need to do to make sure they meet their obligations under the Fair Trading Act 1986.

How are borrowers protected by the responsible lending code?

The responsible lending code is designed to protect borrowers by ensuring that lenders take a responsible approach when assessing loan applications. This includes making sure that the borrower can afford the loan repayments, as well as taking into account their other financial commitments.

Do lenders pay the responsible lending code organisation, or is it an independent authority?

The lenders do pay the responsible lending code organisation, but this is to help with the running of the code and not for any favours. The code is there to protect consumers from being given loans they can’t afford and to ensure that when they are given a loan, it is at a fair rate.

Fast, Easy Loans For Kiwis

Applying for your new loan is easy. Get access to your digital loan documents with privacy.



Complete our quick and simple loans online application form in only 7 minutes.



Your application is assessed by human – not a computer who’ll call you back within 60 minutes.



If your loan is approved, you’ll get access to digital loan documents and the money will be paid into your bank account, subject to the responsible lending code and affordability.

Getting started takes only 5 minutes. Our online application form for loans online is fast & easy.