# Harmoney Loan to Family Member — New Zealand

Help a family member

A family member needs help — with a deposit, an emergency, or getting back on their feet. You want to help, but lending your own savings can strain both your finances and the relationship.

You have the funds to help, with a clear repayment plan that keeps your own budget on track.

A Harmoney personal loan lets you borrow $2,000 to $50,000. The loan is in your name, assessed on your income and credit — the family member is not a party to the loan. Your rate is fixed, there are no monthly fees, and you can pay it off early with no penalties.

Harmoney holds Financial Service Provider licence FSP 593769.

Typical amount for this purpose: $2,000 – $50,000 — guidance, not a product limit; the loan amount range below applies.

## How loan to family member finance works

- Check your rate: A soft inquiry in as little as 2 minutes — no impact on your credit score.
- Choose your loan: Pick an amount and term that fits your budget.
- Get funded: 93% of approved loans are paid out within 24 hours. Subject to responsible lending inquiries.
- One repayment: Fixed weekly, fortnightly, or monthly — you choose.

## Lending to family — things to consider

**Be honest about what you can afford.** Only lend what you can manage to repay yourself if the family arrangement does not work out. The loan is in your name — you are responsible for every repayment.

**Put it in writing.** Even between family members, a simple written agreement about the amount, purpose, and any repayment expectations avoids misunderstandings later.

**Keep your own budget on track.** Factor the loan repayment into your own budget before you commit. Use the calculator on this page to see what the repayments look like.

## Personal Loan (unsecured)

- Interest rate: 7.99% p.a. – 24.99% p.a. (fixed)
- Loan amount: $2,000 – $100,000 (increments of $100)
- Terms: 3, 5 and 7 year
- Repayments: weekly, fortnightly and monthly
- Establishment fee: $150
- No monthly fees, no early-repayment fee.

### Important information

Harmoney Services Limited (FSP593769). Dispute resolution: Financial Services Complaints Limited (FSCL) – a Financial Ombudsman Service, membership 5288.


The rate offered depends on your individual credit assessment. Fees, charges, terms and conditions apply.