What You'll Need

To apply for our personal loans you need to be at least 18 years old and be a New Zealand resident.

The personal loan application is simple to complete, and if approved we will call you to discuss the easiest way for you to sign the documents.

Before you start we will need the following information from you, if applicable:

  • Income details (e.g a recent payslip)
  • Bank statements for 3 months (Don’t worry if you’re already a member and your pay comes into your First Credit Union account)
  • Details of what you can use for security (e.g. a vehicle, savings, property)
  • Details of your outgoing expenses (any automatic payments, direct debits, other loans you are paying off)
  • Information about any loans you are guarantor for

Once your application is complete, you will hear from our team within 1 to 3 working days. If your loan is approved we do require photo ID at the time you sign your loan documents. Check out the ID's we can accept.

Start your application today!

Important Information

*Normal lending criteria apply and T&Cs apply. 

Normal floating rates range from 10.95% p.a. variable to a maximum of 18.00% p.a. variable

Minimum loan term 3 months. Maximum loan term 7 years.

No application fee and no early repayment penalties. 

^Third-party fees such as credit check, credit sense, motor check, PPSR, Docusign and cloudcheck of up to $29.90 per applicant may apply. View our rates and fees here.


Example of the total cost of a loan

When getting a loan it is important to consider the costs involved.

Here is an example of the total cost of a secured car loan:**

Borrowing $10,000
Application fee $0
Third party fee^ $29.90
Total $10,029.90
Total interest $2,393.94
Total amount payable $12,423.84

Over a 4 year term at 10.95% p.a variable rate, weekly repayments would be $59.73.

**Figures are an indication only and does not include loan protection insurance.

^Third party fees of up to $29.90 for Credit Check, Credit Sense, Motor Check, PPSR, Docusign and Cloudcheck per applicant may apply.


First Credit Union's head office is at: 111 Collingwood Street, Hamilton, New Zealand