The Lending People Car Loans

The Lending People is an online platform that acts as a broker for NZCU South, Oxford Finance, Avanti Finance, and other trusted financial institutions in New Zealand. They can match your profile to a lender in less than 60 seconds. They’ve facilitated around $200 million worth of financing since 2012. Because they match you based on the criteria from multiple lenders, your chances of getting approved is higher. 

They take pride in their versatility and their ability to provide various kinds of financing — from cards and bikes, to recreational rides and farm machinery. What’s more, you’ll be able to choose between a secured, partially secured or unsecured loan. With a 100% online lending process, you can get financing quick and convenient. 

Head over to our comparison page and find out if a car loan from The Lending People is the best for you. Compare The Lending People from other offers with glimp!

the lending people nz

Why apply for a car loan from The Lending People?

Applying a car loan from The Lending People will save you time and effort. There’s no need to leave the comforts of your home. From loan application to repayments, and from checking fees to tracking your loan, everything can be done online. You don’t have to waste time looking for deals across various websites because The Lending People will act as the broker to match you with the most suitable lenders. 

Is a car loan from The Lending People right for you?

If you need plenty of time to make repayments, then they’re the right provider to trust since their loan term can range from 1 to 7 years. Since they have secured, partially secured, and unsecured loans, their car loan deal can also be suitable for borrowers with either a limited number or even no assets to register.

Eligibility requirements

Before applying for a car loan, make sure that you meet their eligibility requirements which includes:

  • Income of at least $600 per week
  • New Zealand permanent residency or citizenship
  • A source of income (with proof through virtual verification)
  • Not currently under financial difficulty or bankrupt.
  • NZ Driver's License 
  • Must  be 22 years or older

The Lending People Car Loans NZ - Interest Rates & Fees

Fees and charges

On top of fees that the lender will charge, The Lending People, as a broker, will apply the following charges:

  • Interest rate between 6.99% p.a. to 26.99% p.a depending on the loan amount, your personal circumstances, and security (if provided)
  • Broker fee between $250.00 and $995.00 depending on the complexity of the loan, the loan amount, and the type of loan.

Aside from these, you’ll also be charged with an establishment fee, account maintenance fee, a direct debit fee and an early repayment fee, and a security fee (with security).


You can borrow any amount ranging from $5,000 to $75,000 for a secured and partially secured car loan. Unsecured car loans are limited to $50,000. Applying for a secured loan increases the chances of your application getting approved and with lower interest rates because of the security provided. Once your loan application has been approved, you can sign the digital contract on any device.