Beside our Costs of Borrowing above, we have provided a representative example of the total cost of a typical loan as well as an Annual Percentage Rate (APR) showing different costs of our loans.

Your loan contract will clearly show all costs involved with your loan, as required under New Zealand’s Credit Contracts and Consumer Finance Act.  Under that Act, your disclosure statement shows an annual interest rate (AIR) as a percentage and that rate is made up only of the interest.  It does not include credit fees.

However we give you the APR example to comply with Google AdWords Financial Services Policy.

In our sample loan, if you borrowed $5,000 and repaid it over 52 weeks, the total amount you would repay would be $6,348.68.  This is made up of $738.68 of interest, $260.00 of administration fees and $350.00 for the establishment fee (as above).

Under the Credit Contracts and Consumer Finance Act the maximum Annual Interest Rate (AIR) is 26%.

However, when we include credit fees in the calculation for the percentage it gives us the APR. The maximum Annual Percentage Rate (APR) is 26.97%.

Quick Cash Finance has a minimum loan term of 365 days and a maximum loan term of 5 years (1825 days). QuickCash allows you to repay your loan early with no penalty fees for early repayment.

You can view an example of our standard credit contract and disclosure statement here. Or if you would like an individual loan quote, please phone us on 0800 784 252.