To be eligible for Nectar’s personal loans, borrowers must be:
18 years old or over
An NZ citizen or permanent resident
Have an NZ driver’s license or NZ passport
An NZ bank account
An income of $400 per week (after tax) or greater
Be free of any significant unpaid defaults or previous bankruptcies
Nectar usually lends up to $20,000 for its borrowers, depending on a set of different factors such as your credit history and income.
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