Do you offer loans for people with bad credit?

We believe that every New Zealander deserves to live their best financial life, so while a bad credit score can make the process more difficult and can often result in you paying a higher interest rate, it doesn’t necessarily mean that your application will be declined.

Given this, every new application for a personal loan with NZCU Steelsands requires a credit check. From this, we then assess the interest rate as well as the loan terms, and weigh this against any other personal information provided, including your financial profile, credit history and your capacity to repay the loan.

Please Note: Applicants must not be currently bankrupt or entered into a NAP (No Asset Procedure)

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