Borrow up to $70,000 unsecured
Personalised rates from 6.99%¹
Won’t affect your credit score
How to apply online
1. Get to know you
Tell us how much you need to borrow and give us a little information on your finances and yourself.
2. Get your quote
You’ll receive a personalised quote containing your repayments, interest rate and loan limit.
3. Get your money
Once you’ve accepted your quote and sent through some extra information your loan should be fully funded within 24 hours.
What we offer
$2K - $70K
3 or 5 years
$200 or $350
Early repayment fee
- Interest rates from 6.99% p.a. – 19.99% p.a.¹
- Establishment fee of $200 for loans under $5,000²
- Establishment fee of $350 for loans $5,000 and over²
- You can repay weekly, fortnightly or monthly
- Your rate is fixed for the life of the loan
- All loans are unsecured
What our customers say
Money was in my account on the same day I was approved for the loan. Excellent! Wellington , New Zealand
Thre was a system glitch but this was resolved very quickly. New Zealand
highly recommended & have advised family & friends of harmoneys loan services New Zealand
Granted that my credit rating is 1000 and that I have a guaranteed permanent secondary teaching position but I have NEVER experienced or expected anything as smooth as this Harmony process (FYI: I am 57 years old and a property owner of one rental and have gone through many mortgage and loan applications in the last 20 years. I also have an extensive 30-year secondary teaching career alongside this).
Despite my strong credit history, no hire purchases, an $82 000 salary (guaranteed), and a $610 weekly rental income, my regular bank would not loan me the extra $10 000 needed to complete a new sleepout because, in their view, I was reaching beyond a financial ceiling that they would not finance.
It left me in a pretty pickle as I wanted to complete the sleepout in Christchurch before the 2021 academic year so that I could take advantage of the influx of NZ students into the city post-New Year. The conceting and foundation is down already so, really, it is not going to take too much to complete the actual structure.
My regular bank simply did not want to know despite an extremely positive valuation from a registered and accredited valuer.
Getting this loan is actually a kind of miracle for me. The property has been in my family's hands for 45 years but now I am really adding value and getting some good returns on it (I am also not over-leveraged compared to Auckland properties).
All I can say is, THANK YOU Harmony as I don't have to go back to my bank anymore to beg for the funds required.
Can I also add that I am greatly heartened that I can pay the loan back at anytime without any financial penalty. It really is a great deal tbh and I would recommend this lender to anyone out there who is stuck for funds New Zealand
Recommend to all family and friends
And the chat and email responses were fantastic. Kris from Customer Care online chat was there and respond fast. I applied online for a loan from Instant Finance takes a week before they contacted me if still interesting too bad i applied with Harmoney only minutes and i found out that got approved. I m still waiting now for a second quote coz i changed the amount but 24hrs not over yet as promised. Thanks and keep up the good work. When you treat customer right they wont ever leave Auckland, New Zealand
Not too many requirements. New Zealand
Thank to Harmony. New Zealand
Working in the finance industry aside from my errors in submitting its very slick New Zealand
Easy to follow instructions.
I compared with other agencies and harmony had the best offer. , New Zealand
Establishment fee of around 3.2% of loan value perhaps a little high, but understandable given non-secured nature of loan.
Well structured convenants within disclosure documentation setting out obligations and also nature of early repayment if undertaken.
Could be beneficial (for decision making by borrower) to include actual cost of borrowing (including fees) calculator as can be utilised on such sites as Interest.co.nz
Good follow up by help-desk operator. Southland, New Zealand
Work out your repayments
Get a quick estimate of what your repayments might be with a Harmoney Personal Loan
Disclaimer: This calculator provides an estimate only, and a comparison rate, based on the example information provided. Other fees, costs, government charges like stamp duty, and cost savings are not included in the comparison rate but may influence the cost of the loan. Limits, rates, fees, and repayments may differ on application, based on a borrower’s individual credit assessment — see Interest rates and fees for details. This is not an offer, and applications are subject to terms and conditions, approval and funding.
Who is Harmoney?
Harmoney launched in 2014 as NZ’s first licensed peer-to-peer personal loan provider. Since then, we’ve loaned more than $1.7 billion to over 50,000 borrowers in both Australia and New Zealand (March 2020).
Today, we fund loans more traditionally, but our focus remains the same: to make the borrowing experience fairer, faster and more accessible and to remove the inconvenience, awkwardness and uncertainty associated with traditional borrowing.
Our purpose is to help and inspire people to achieve their goals through financial products that are friendly, fair and simple to use. We know that access to money at the right time can make a huge difference and we believe responsible lending is crucial for helping people embrace the opportunities that life presents.
Is a personal loan good for paying off credit card debt?
An online loan in the form of a debt consolidation loan can be an effective way to pay off credit card debt and other debts, but it’s not suitable for everyone.
Why use a personal loan instead of extending my mortgage?
These days, low interest rates for mortgages can make it tempting to increase a mortgage with extra debt to save you interest fees. It’s an option that’s worth considering if you have equity, but it can sometimes end up being more costly in the long run.
We’ve written about the pros and cons of extending your mortgage, to help you make an informed decision about managing debt:
What can I use a personal loan for?
Harmoney online loans are very flexible and can be used to finance almost anything you want to.
Debt consolidation, home improvements and renovations and car finance are popular reasons why people apply for a personal loan. We also offer wedding loans, education loans and personal loans for medical expenses, household items, travel and holidays and more.
If money and finances are holding you back from achieving the things you want in life, talk to us about how a personal loan could help.
Will I qualify for a Harmoney loan?
In New Zealand - to apply for a personal loan you need to:
Be 18 years or older
Be a Permanent Resident or New Zealand citizen
Be earning a stable income
In Australia: to apply for a personal loan you need to:
Be 18 years or older
Be an Australian citizen, Permanent Resident or New Zealand citizen
Be full-time or permanent part-time employed
Have your photo ID documents handy, such as your Australian driver’s licence or passport
Have a clear credit file with no defaults, judgements or bankruptcies
Require a minimum $2,000 loan
When you apply or request a quote for an online loan, we need to know a little about your needs and your finances. We’ll also make some enquiries to help us verify your information. Using this information, we’ll assess your eligibility to receive credit and your capacity to service a loan.
If you qualify for a loan, we’ll provide you with your personal interest rate and the maximum amount you can borrow. There are times when we may not be able to offer a loan, such as if your recent credit history is unsuitable or there is insufficient capacity to service a loan.
What happens if a borrower’s circumstances change?
We know that things don’t always go as intended, despite careful planning. If changes in your circumstances are making you concerned about your financial situation, our customer service team is here to help as best we can.
Our number one piece of advice – don’t ignore the problem, get in touch as soon as possible so we can discuss your options and work through them together. We can also help if you are faced with unforeseen financial hardship.
We're real people and we're here if you need us
Terms and conditions
1. Subject to approval and funding. Harmoney’s interest rates range from 6.99% p.a. to 19.99% 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. 99% of loan applications are funded within 24 hours of loans terms being accepted (based on loans submitted in 2018).
2. Establishment fee of $200 for loans from $2,000 to below $5,000 and $350 for loans from $5,000 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.