Debt Consolidation

Take back control of your finances

100% Online 6.99% p.a.* to 29.99% p.a.* Up to $70K, Unsecured
*Subject to approval and funding. Harmoney’s interest rates start from range from 6.99% p.a. to 29.99% p.a. and are offered based on the individual borrower’s credit assessment according to Harmoney’s credit scorecard. In order to be approved and list your loan you must meet Harmoney’s credit criteria and responsible lending requirements. Fees, charges, terms and conditions apply

Over 11,769 Kiwis have taken back control with a Harmoney debt consolidation loan. How can we help you?

“I want to … ”

Some of the benefits of debt consolidation could include …

Simplify debt

Take confusion and worry out of debt with one single monthly repayment.

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Have you ever been charged late fees because of a repayment date mix–up? Can’t remember what repayments are due when, or how much it all adds up to?

Take back control and simplify your debts with one monthly repayment.

One monthly repayment

Debt consolidation replaces two or more existing debts — such as credit cards, personal loans and hire purchases — with a single loan.

No more juggling of numerous interest rates, repayment schedules and amounts with different creditors. Debt consolidation simplifies this into one interest rate, one repayment schedule, and one creditor.

No early repayment fees

At Harmoney, we think it’s unfair to penalise Borrowers for paying back their debt sooner. That’s why we don’t have early repayment fees. If Borrowers can pay back their loan sooner and become debt-free, we think that’s great.

The process is quite easy to follow. The communication from Harmoney through each process was fantastic and help was offered every step of the way. I can’t speak highly enough of this company.

Sandra, Canterbury. May 2017.
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Lower repayments

For when you need to lower your repayments to free up some cash.

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Life can take unexpected twists and turns. New opportunities come knocking, changing needs pop up. In those times, debt consolidation can help. By combining your debts into a single loan you may free-up the extra cash you need.

Spread out repayments

Harmoney offers Borrowers 3 or 5 year loan terms. By spreading repayments over a longer term you may reduce your monthly repayments. (Keep in mind, a longer loan term will increase the total interest paid.)

(Under some circumstances, where a 3 year term would introduce financial stress, a 5 year term is required.)

Fairer interest rates

If you have a good credit history you may qualify for a lower interest rate with Harmoney. That’s because we assess each loan application individually and offer an interest rate based on that assessment.

No early repayment fees

If you decide to repay your loan sooner, you’ll pay no early repayment fees or penalties. Simple.

The communication from Harmoney through each process was fantastic and help was offered every step of the way. I can’t speak highly enough of this company.

Sandra, Canterbury. may 2017.
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Be debt-free sooner

With a personalised interest rate, you could pay less total interest.

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Is it time to take care of outstanding debt? With a fairer interest rate and flexibility to repay your debt sooner, you could be debt-free sooner than you think.

Fairer interest rates

If you have a good credit history you may qualify for a lower interest rate with Harmoney. That’s because we assess each loan application individually and offer an interest rate based on that assessment.

No early repayment fees

At Harmoney, we think it’s unfair to penalise Borrowers for paying back their debt sooner. That’s why we don’t have early repayment fees. If Borrowers can pay back their loan sooner and become debt-free, we think that’s great.

Exceptional customer service, efficient, easy, stress free for all of us. Thank you all for helping us all breathe a lot easier. I’m so glad to have taken the advice to give the people at Harmoney a go!!

Sandra, Canterbury. may 2017.
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Try our calculator — Let’s work it out

Try our debt consolidation calculator to work out how a debt consolidation loan could help you simplify your debts and take back control.

Debt Consolidation Calculator

Free download — debt consolidation guide

This quick guide (PDF) gives answers to some common questions around debt consolidation.

Download our free guide to debt consolidation

A better borrowering experience for Kiwis.

Harmoney is a peer-to-peer money marketplace — where everyday people can borrow money from (and lend money to) other everyday people.

If you're borrowing, why is this a great option for you? We give you access to fairer rates, and the flexibility to borrow money on your own terms.

Find out how it works.

Harmoney has matched Borrowers and Lenders for loans totalling $585 million.

13,190 for debt consolidation 4,431 for home improvements 3,549 for travel 1,958 for used vehicles 1,392 for business cash flow 1,076 for household items

… plus 8,553 other loans.

And the national press are taking notice…

Start your application.

“How much would you like to borrow?”

Select your preferred loan term

36 month term

60 month term

Enter amount from $1,000-$70,000
$1,000 $70,000
  • 100% online application
  • Rates from 6.99% p.a. to 29.99% p.a.
  • Up to $70,000, unsecured
  • Funded in hours**

** 99% of loans are funded in 24 hours after submission to the marketplace (FY17).

* Subject to approval and funding. Estimate based on an interest rate of 6.99% p.a. and we offer 3 and 5 year terms. Harmoney’s interest rates range from 6.99% p.a. to 29.99% p.a., are offered based on the individual borrower’s credit assessment according to Harmoney’s credit scorecard. In order to be approved and list your loan you must meet Harmoney’s credit criteria and responsible lending requirements. Fees, charges, terms and conditions apply.