Personal loans from 7.9%p.a.*

We could help you with a loan between $2K - $60k for whatever suits your lifestyle. Plus it’s a simple 100% online process!

Personal loans from 7.9% - 25.9% p.a.*



Canstar winner 5 years in a row  CANSTAR Outstanding Value Personal Loan  CANSTAR Outstanding Value Personal Loan  CANSTAR Outstanding Value Personal Loan  CANSTAR Outstanding Value Personal Loan  CANSTAR Outstanding Value Personal Loan

Use a loan for vehicles, holidays, home renovations, or to sort your bills.


 Personal loan details 

loan value

    $2K - $60K     

loan term

6 mths - 7 years

interest rates

7.9% - 25.9% p.a.

approval fee*



Rates and information


Our interest rates are priced using a risk matrix that takes into consideration a range of factors including an individual's credit score and affordability. Based on the assessment of an individual's financial information we will assign a risk grade and the corresponding interest rate could apply. Read more about our loans here.


Secured loan

Unsecured loan

Grade Interest rate p.a.^ Interest rate p.a.^
Orange A 7.9% 8.9%
Orange B 9.9% 10.9%
Yellow A 11.9% 12.9%
Yellow B 13.9% 14.9%
Green A 15.9% 16.9%
Green B 18.9% 19.9%
Blue A 21.9% 22.9%
Blue B 24.9% 25.9%


^Note: These interest rates are indicative only and may be subject to change without notice.
As published on as at 29 September 2021.


View our interest rates and fees here


For information on our loan agreements and terms and conditions click here.


When applying for a credit loan it's important to consider all of the costs involved. 

Below is an example of the total costs included over the term of a secured vehicle loan:

$20,000 personal borrowing

+ $200 approval fee

+ $29.44 third party charges (vehicle check and registering security over vehicle)


Set up over a term of 7 years (366 weeks) at 7.9% p.a. interest = weekly repayments of $72.05. 


Ready to see what you can borrow?

Use our lending calculator and apply online for finance today. Contact us for more information or to speak with our team.



Have any questions?

You may find the answer on one of the pages below:

If you have not found your answer, please feel free to contact us.


What can I use it for?


The short answer? Absolutely anything! At Credit Union Baywide we don’t decide what you do with your money. Instead, we simply facilitate the lending process, so that as soon as the money hits your account you’re free to live your best financial life.

Whether you choose to pay off some of your debts and boost your savings, invest in your future with a term investment, step outside your door and explore the world, or simply renovate your kitchen; here are just a few of the ways you could use your finance.


Borrow money for a car or vehicle

Car & vehicle

Whether you’re picking up a shiny new set of wheels or a used vehicle, we can make the purchasing process easy and ensure you’re behind the wheel sooner rather than later. Our pre-approved vehicle finance gives you the confidence, power and knowledge that you have the money ready and waiting when the perfect set of wheels comes along.


Travel and holiday loans

Holiday & travel

Are you holding off on the holiday of your dreams? Need a little extra spending money to make it a trip to truly remember? With a holiday loan from Credit Union Baywide, you can finally turn those dreams into reality, and return with the Instagram selfies and holiday snaps to prove it. Just be sure to send us a postcard while you’re out there.


Loans for home renovations

Home renovation

Home improvements are one of the easiest, most effective ways to add value to your property. But even if the idea of selling the family home is foreign to you, they’re still a great way to transform the way you live. A long-awaited extra room, perhaps? Or maybe the kitchen of your dreams? It’s all possible with Credit Union Baywide.


Debt Consolidation Loans - Get it sorted

Debt consolidation

Debts weighing you down? Debt consolidation can help you break out of the dreaded debt cycle and start your journey to a better financial life. So whether it’s credit cards, hire purchases or overdue utility bills, consolidation can bring all of your debts together into one easy-to-manage monthly repayment with a lower interest rate that can save you time and money.



Helpful finance guides


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What should I know before applying to a lender?

So you’ve shopped around, done your research, and now you’re ready to apply. Congratulations! But before you do, we think there are a few more things you should consider. Keep reading to learn how they could save you time and money. 



Secured or Unsecured Personal Loans?

Unsecured or secured personal finance - what’s the difference?

We specialise in both secured and unsecured finance. Secured is typically obtained by using collateral - such as a vehicle - as a form of security, while unsecured is granted without the use of collateral or security. Click through to find out how each type affects your interest rate and total limit.



Comparing Personal Loans Providers

What do I need to consider when comparing providers?

There are more providers in New Zealand now than ever before, but they're not all created equal. Interest rates, fees, and terms vary from one provider to the next. So how do you know which is best for you? Read on as we share the 5 things you should consider to help you make an informed decision.



personal finance questions2

9 questions every Kiwi should ask before they apply for finance

If you're considering a loan, chances are you've asked a lot of questions. But do you know if they've been the right ones? For example, can you keep up with the repayments? The answers could determine the success or failure of your application, so keep reading for a full list of questions you should be asking.



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3 top tips for getting a low rate on your next borrowing

Applying for finance in New Zealand is easy-as, but finding one that combines the best terms, conditions, fees, and interest rates can be that much more difficult. So how do you land a deal that boasts a great rate? Keep reading to learn how and save yourself hundreds if not thousands in the process.



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5 mistakes New Zealanders should avoid when taking out a loan

Mistakes are a part of everyday life, teaching you how to learn, grow, and improve. That said, a financial mistake can make for quite the costly lesson! Keep reading to save yourself the hassle of learning the hard way and avoid making these mistakes so many Kiwis make.



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