Reviews collected under Lending Room, the team behind NeedCashToday
Juggling multiple repayments costs you more than money. We review your debts and match you to the right lender to roll everything into one simpler loan — potentially at a lower rate than you're paying now.
One short form. We review your debts, run one soft credit check, and find the consolidation lender best placed to reduce your rate and simplify your repayments.
List what you owe — credit cards, personal loans, BNPL balances, whatever it is. We assess the full picture and work out what a consolidation loan could look like for you. One form, done once.
We run a soft credit check — zero impact on your score — and match you to the consolidation lender on our panel most likely to approve you at a competitive rate. No repeated applications, no multiple credit hits.
Once approved, your existing debts are paid out directly by the lender. You're left with a single monthly repayment at one fixed rate — and a clear date when you'll be debt-free. No obligation at any stage.
Guide only. Savings depend on your actual rates, balances and lender. Rates 8.99–29.95% p.a. (AIR). Broker fee up to $1,500 and lender establishment fees up to $450 may apply.
Get My Real RateWe're not a lender. We work for you — finding the right consolidation loan from our panel of vetted NZ lenders so you actually come out ahead.
We use one soft check that leaves no mark on your file. Applying to five lenders yourself means five hard inquiries lowering the very score you're trying to protect while reducing your debt.
Tell us about your debts once and we do the work. No repeating yourself across multiple lender websites or fielding calls from lenders you never asked to hear from.
Our panel includes specialist and non-bank lenders who are often more competitive than the major banks on consolidation lending. The right rate makes a significant difference to how much you save.
We review your full debt picture before approaching any lender. That means we only present you with an option that actually makes financial sense — not just whoever will say yes.
Credit cards, personal loans, car finance, BNPL, store cards — we consolidate most forms of personal debt into one clean loan. Apply and we'll tell you what qualifies.
Most applicants hear back the same day. Once approved, lenders typically pay out your existing debts directly within one to two business days — so you're simplified fast.
We work with employed New Zealanders who have a stable income, a clean or near-clean credit record, and debts they want to bring under control.
Full-time, part-time or self-employed with a regular, verifiable income. Lenders need to see that a single consolidated repayment is comfortably within your means.
NZ citizens and permanent residents are welcome. Open and employer-specific work visas with at least 13 months remaining are also accepted.
Having debt is fine — that's what we're here to help with. We look at your overall financial position, not just the total you owe. Not sure where you stand? Apply and we'll assess honestly.
We consolidate across terms of 6 to 84 months. The right structure depends on your total debt, income and what monthly repayment works best for your budget.
Our application takes about 5 minutes. We review your debts, assess your situation and come back with a lender match and a real rate. No credit score impact at this stage — and no obligation to proceed.
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Everything you need to know about consolidating debt through NeedCashToday.
Still not sure? Talk to our team
Debt consolidation means taking out a single new loan to pay off multiple existing debts — credit cards, personal loans, BNPL balances and more. Instead of managing several repayments at different rates and due dates, you have one fixed monthly payment at one rate for one agreed term. NeedCashToday matches you to the right consolidation lender from our panel, without repeated credit checks or multiple applications.
It depends on the rates involved. If we can consolidate your debts at a lower overall rate than you are currently paying, you will pay less interest over the life of the loan. Use the savings calculator above to get an estimate. The key is not to take on new debt after consolidating — otherwise you risk ending up with more total debt than when you started.
No. We use a soft credit check during our assessment which does not appear on your credit file and has no impact on your score. This is different from applying directly with a lender, where each application results in a hard inquiry. Once we match you to a lender, some accept our soft check while others may run their own standard check — we will always tell you before anything happens.
We can consolidate credit cards, personal loans, car finance, store cards, buy-now-pay-later balances and most other forms of personal debt. Mortgage debt cannot be consolidated into a personal loan. If you are unsure whether a specific debt qualifies, apply and we will let you know what we can work with.
Applying through NeedCashToday does not affect your score because we use a soft check. Over the longer term, successfully consolidating and consistently repaying a single loan can actually improve your credit profile — you reduce the number of open accounts, lower your credit utilisation, and demonstrate reliable repayment behaviour on a single account.
Rates on our panel start from 8.99% p.a. (AIR). The rate you are offered depends on your credit profile, income, the total amount you are consolidating and the loan term. We work to find the most competitive rate available for your situation — not just whoever will accept you.
The application takes about 5 minutes. Most applicants hear back the same day. Once approved and settled, the lender typically pays out your existing debts directly within one to two business days — leaving you with a single new loan and nothing left to chase.
A broker and introducer fee of up to $1,500 applies when your loan is successfully funded. This is clearly disclosed before you commit and there is no obligation to proceed at any stage. Lender establishment fees of up to $450 may also apply. There are no upfront fees to apply.
A previous decline does not necessarily mean you will not qualify through NeedCashToday. Different lenders assess applications differently, and we work with specialist and non-bank lenders who take a broader view of your situation. Apply and we will give you an honest assessment of your options.
A balance transfer moves credit card debt to a new card at a low or zero interest rate for a limited promotional period — typically 6 to 24 months. If you cannot clear the balance before that period ends, the revert rate is often very high. A consolidation loan gives you a fixed rate for the full term with set repayments, so you know exactly when you will be debt-free. If you have a mix of credit cards, personal loans and other debt, a consolidation loan is usually the more predictable and practical option.
Debt consolidation means replacing multiple debts with a single new loan. Instead of juggling several repayments at different rates and due dates — credit cards, personal loans, BNPL balances, store cards — you combine them into one fixed monthly payment at one agreed rate for one set term.
Whether it is a good idea depends on the numbers. If the consolidation rate is lower than your weighted average rate across your existing debts, you will pay less interest overall. If the term is longer, your monthly payment may also be lower — even if the total interest cost is similar. The right answer depends on what matters most to you: reducing monthly outgoings now, or paying less interest overall.
Applying for a consolidation loan through NeedCashToday does not affect your credit score because we use a soft credit check at the assessment stage. This is different from applying directly with a lender, where each application results in a hard inquiry on your credit file.
Once your consolidation loan settles and your previous debts are paid out, your credit profile often improves over time. You reduce the number of open credit accounts, lower your overall credit utilisation, and build a track record of consistent repayments on a single account. For most borrowers who stay disciplined, consolidation is a net positive for their credit profile over the medium term.
The most common mistake is paying off credit cards through a consolidation loan and then running them back up again. This leaves you with more total debt than when you started — the consolidation loan plus new card balances on top.
If you are consolidating credit card debt, consider whether to close or reduce the limits on those cards after settlement. This removes the temptation and ensures the consolidation actually moves you forward rather than just shuffling the problem.
A balance transfer moves your credit card debt to a new card with a low or zero interest promotional period — typically 6 to 24 months. It can work well if you can confidently clear the balance before the rate reverts. If you cannot, the revert rate is often significantly higher than where you started.
A consolidation loan gives you a fixed rate for the full term with set repayments, so you know exactly when you will be debt-free. It can also consolidate different types of debt — not just credit cards. If you have a mix of credit cards, personal loans and other balances, a consolidation loan is usually the more practical and predictable path. Talk to our team if you are weighing both options.
We are not a lender — we are a broker. That means our job is to find the right lender for your situation from our panel of vetted NZ lenders, including specialist and non-bank options not always available direct to consumers.
We review your full debt picture before approaching any lender. That means we only present you to lenders who are realistically likely to approve your application at a rate that makes consolidating worthwhile. One soft credit check, one form, one team working to get you a better result than going it alone.
Apply in 5 minutes. No credit score impact. We review your debts and match you to the lender most likely to consolidate at a rate that actually makes a difference.
Soft credit check only. Broker fee of up to $1,500 applies on successful funding. NeedCashToday is powered by Lending Room, FSPR registered. Rates 8.99–29.95% p.a. (AIR). Full T&Cs apply.
