Tools and Resources
Harmoney Limited (FSP373486), Harmoney Nominee Limited (FSP5904148) and Harmoney Services Limited (FSP593769) are licensed to provide a peer to peer lending service under Part 6 of the Financial Markets Conduct Act, 2013.
The conditions of these licences imposed by the Financial Markets Authority are published on www.business.govt.nz/fsp.
Harmoney Limited, Harmoney Nominee Limited and Harmoney Services Limited are registered under the
Financial Service Providers (Registration and Dispute Resolution) Act 2008.
Terms and conditions
Establishment fee of $150 for loans $2,000 to $70,000. Fixed rates range from 6.99% p.a. to 19.99% p.a. on 36 to 60 month terms, with no early repayment penalties.
Example loan. A Harmoney Personal Loan of $20,000 borrowed for 36 months with a fixed interest rate of 6.99% p.a. the total amount you would need to repay would be $22,767 (made up of $20,000 principal, interest of $2,617 and a $150 establishment fee).
You are protected by responsible lending laws. Because of these protections, the recommendations given to you about 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.