Personal Loans

Personal loans starting from 10.95% p.a variable*

Low rates. No hidden fees.

We love not being a bank, it means we can offer you low interest, personal loans with no application fees!

Get on top of debt, purchase a new car, or make your dream holiday a reality - we can tailor our personal loans to suit your budget.

Apply online with our simple personal loan application. Click here to see a quick video about our online loan application process.

Please note: There has been an update to legislation which changes how we can lend you money. For more information about these changes, click here

Before you borrow, make sure you check out the Responsible Borrowing Code.

Start your application today!

IMPORTANT - You are protected by responsible lending laws. Because of these protections, the recommendations given to you about our personal loans are not regulated financial advice.

This means that duties and requirements imposed on people who give financial advice do not apply to these recommendations. This includes a duty to comply with a code of conduct and a requirement to be licensed.

Important Information

View all the important information about First Credit Union.

Loan Example

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

What You'll Need

Apply today for your online personal with First Credit Union. Easy and Quick!


Have a question? Check out our FAQ's to see if your question has been answered.

Loan Agreement & General Terms

See a copy of our Loan Agreement and General Terms.

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