What you see is what you get

Late or non-payment

Annual interest rate

Fee table

With Need Cash Today what you see is what you get

At Need Cash Today we promise there are no hidden costs, no small print and no surprises, what you see is what you get. If there is something you don’t understand either ask our team or check our Q&A.

We pride ourselves on being a responsible lender and to us a big part of that is ensuring that all of our customers understand the fees and charges associated with their loan. Our state of the art online calculator has been designed to help make all of the standard charges clear and easy to understand. Before you apply you will be told exactly how much you will owe in total and when you have to pay it back.

We have made our loans clear and fair because we believe that it is important our customers know exactly what they are getting into. At Need Cash Today, honesty is the only policy.

Late or non-payment of your loan

We have made repayment easy. The money will be taken out by direct debt overnight the night before the dated instalment for funds to be received according to the repayment schedule you have chosen. You just need to make sure that the money is in there on the specified day/s and leave the rest up to us.

If you pay back your loan according to the initial payment schedule then there won’t be any extra costs involved but if for any reason you ask to change the repayment dates or miss a payment then there will be additional charges. We don’t like imposing these but we have extra administration expenses we need to recover and in the case of late or non-payment we need them to serve as a deterrent otherwise no one would pay us back on time.

We will get in touch with you if any of your payments dishonour. In fact, we will call three times a day for the first ten days as the sooner we can come to some kind of arrangement the better for all parties involved.

If you have a genuine reason for this dishonouring we will do everything we can to help you. If you are able to make the payment within the next 48 hours we will not charge a dishonour fee but the additional day or two’s interest will be added to your loan.

If you still haven’t made the payment by the morning of the second business day after your due payment we will charge you an $60 default fee.

If you have dishonoured your loan we will contact you again to talk about repayment options and if your circumstances have changed then we will try to provide a fair outcome for all parties.

If we have not been able to contact you or come to some agreement after ten days or you have dishonoured more than once we will arrange to recover the money by wage deduction. At this point you will be be advised of this action and charged a WDA fee of $60.

If we still have not been paid by you or by a wage deduction via your employer we will lodge your outstanding debt with an External Debt Collection Company with a fee of $60 plus their charges. Finally we may lodge a claim with the court at a cost of $500.

It is important that you talk with us as soon as possible about any repayment problems you might have as the earlier you talk to us the more we can do to help out. If you have experienced some form of hardship—e.g. sickness, redundancy, family bereavement—between taking your loan and your payment we will look to put a new schedule together without adding additional fees. Customers may be asked to prove this hardship.

If you have any doubts about your ability to repay the loan then don’t apply. While we do everything we can to ensure we only give credit to people who can comfortably pay it back, we can only do so much and it is up to you to ensure that you do pay it back on time.

Potential impact to users' credit score

When/where any credit scoring is used for a repaid loan in NZ it will usually positively influence your credit score but if you fail to repay your loan it will negatively affect your credit rating and could result in possible legal action, both of which mean you will struggle to get credit in the future. It really is not worth damaging your credit rating for a small loan so think carefully before you apply and if you do not think that you will be able to repay it on time then act responsibility and don’t apply.

The Annual Interest Rate (AIR)

{{item.InterestRate*365}}% {{item.ProductName}} Term

When you see our annual interest rate (AIR) you might have a slight freak out. The problem is that while the AIR is a standard method of comparing various loans, it was not designed with short term loans in mind. Our loans are for a maximum of {{feesData.MaxLoanDuration}} days and this short duration distorts the AIR in the same way a magnifying glass does.

Many companies would want to hide something like this from their customers, but that’s not how we operate. We want you to understand everything about your loan and this is one of the most common means of comparing different loans, which is why we proudly display it, even if it is a bit frightening at first.

Please click on a product below to see its associated fees.


{{item.InterestRate*365}}% Annualised Interest Rate (AIR)

Interest is charged at {{item.InterestRate}}% per day on the unpaid balance at the end of the day



Apply now!