Our mission is to help people find a way out of spiralling debt. That shapes how we do things, from the rates we charge to how we work alongside you on your financial reset journey.
On your journey to pay off debt quick-smart, every little bit counts. This is how our rates and fees compare to the ones practiced by other lenders.
Disclaimer: This comparison has been made utilising publicly available fees and rates from Interest.co.nz considering publicly advertised interest rates from Finance Companies for debt consolidation loans and includes application fees. This is not an indication of loan pre-qualification. It is not a quote or an offer of finance. The graph is illustrative and should be used as a guide only, demonstrating how loan amounts can change depending on interest rate and fees.
One-off charge to set up your loan. This covers the costs of assessing the application.
Only charged when the account is overdue by more than 60 days on the final business day of each month.
One-off fee charged if your loan is extended by one month or more (waived if part of a Statutory Hardship application)
If you’re ready to get back in charge of your financial life, here’s how debt consolidation with Money Sweetspot works:
Make a list of all your debts, who they are with and what your repayments are. Contact the
places you have loans with and ask for your current balance and any early repayment fees
that could apply. It would be great to know the interest rate you’re paying too.
We need to make sure that the loan you’ve applied for is affordable for you. Get your
information together around your income and expenses as you’ll need this for your online
Whatever our decision, we’ll explain how we got there and additional support that could help you. If you’re approved you then get settlements from the lenders we’re paying off and we’ll send you a loan contract and direct debit for to sign.
We welcome you into our whānau and celebrate by sending you a $20 The Good Registry voucher to spend as you wish! You’ll have your own Customer Portal where you keep track of your debt-free date and be able to earn and redeem sweet rewards! Between our interest rates, the financial skills you’ll pick up and the points you could earn, you'll pay off your loan in no time!
Reach out, we're always around to answer any questions.
You are protected by responsible lending laws. Because of these protections, the recommendations given to you about our loan products 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. Responsible lending criteria, rates, fees and contract terms apply. For more information visit useful information.
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