There are a lot of lenders in New Zealand offering personal loans. Customers need to consider before choosing any lenders. Why? Each lender offers loans with a different interest rate being an important role. With a fix interest rate and fees, Aotea Finance is attracting a lot of customers. How to apply for loans of Aotea Finance? 

Fixed interest rate for the entire loans of Aotea Finance contract is not high

In the previous post, introduces people to some of the necessary information that is useful for getting the loans of ANZ, to get more information people can read the article Three types of loans of ANZ you can choose for any purpose. Now, let find knowledge about loans offered by Aotea Finance in the post today.


Just like a lot of article posts about no credit check loans NZ, fast loans New Zealand, loans of Heartland Bank, bad credit loans NZ, …. this post about the loans offered by Aotea Finance also includes some main parts. They are:

1. Some information about Aotea Finance

Aotea Finance is 100% owned and operated by New Zealand. Founded in 1993, the reputation of Aotea Finance as a reliable and reliable loan provider has grown steadily ever since. Aotea Finance has five branches in Auckland – Papatoetoe, Manukau, New Lynn, Panmure, and Takanini. Aotea Finance prides ourselves on personalized service Aotea Finance provide to all their customers.

2. Some requirements to apply for loans offered by Aotea Finance

When you come to see Aotea Finance, you need to bring a form of identification (this can be a valid passport, driver’s license or community service card). Aotea Finance also needs to confirm your current address, such as a phone or electricity bill or a statement with proof of your current address.

If you are a landlord, bring a land or water price requirement, or a Mortgage Statement. If you are renting, bring a tenancy agreement. Aotea Finance will also need a recent bank statement showing transactions in a month and if possible, your latest payment slip.

If you ask a co-loaner for a loan, Aotea Finance will also need identification and confirmation of their address.

Loans of Advaro Finance
Fixed interest rate for the entire loans of Aotea Finance contract is not high

3. Some requirements to apply for a loan from Aotea Finance

Loan Advance Loan Processing Fee
$300-$499 $110
$500-$999 $160
$1000-$1999 $170
$2000-$2999 $230
$3000-$4999 $360
$5000-$6999 $480
$7000 $530

Annual interest rate: Fixed annual interest rate for the entire contract is from 28.95% -35.5%

The default annual interest rate is from 38.95% – 45.50% (10% higher than the stated annual interest rate).

The default interest rate is calculated for any overdue amount since you did not pay on time until the overdue amount was paid.

The following default charges:

  • A default fee of $ 10.00 for any manual execution letter.
  • A default fee of $ 50 for each execution notice, including admission fees and delivery fees for field agents.

Default fees and charges that Aotea Finance may incur if Aotea Finance participates in a third party due to any breach of this agreement or if Aotea Finance enforces this agreement. Such fees and charges may include debt collection and debt recovery fees.

Administrative costs / fees: $ 75.00 or $ 425.00 if the Mortgage / Caveat is registered Security

This post is the information on loans offered by Aotea Finance. Also if you are looking for information about the loans of My Finance, please refer to the Customers can apply for loans of My Finance with term up to 48 months link we just provided in the previous article.

Anita (Team Content) – Loans of Aotea Finance