NeedCashToday is a loan broker, not a lender. Instead of applying to multiple lenders one at a time and leaving hard credit marks each time, you fill in one form and we match you to the lender on our panel most likely to get you a better deal.
We run a soft credit check during our assessment. This does not affect your score and is invisible to other lenders.
From your first application to funds in your account. Here is exactly what happens.
Tell us how much you need, what it is for and a bit about your situation. The form takes about 5 minutes. We do not ask for unnecessary information at this stage — just enough to assess your situation and match you to the right lender.
Once you have submitted, we run a soft credit enquiry to assess your application. Unlike applying directly to a lender — which leaves a hard mark on your file every time — our soft check does not affect your credit score and is invisible to other lenders.
We review your application against the criteria of the 20+ lenders on our panel and identify the one most likely to approve your loan at a competitive rate. We do not blast your application to every lender — we make a considered match based on your specific situation, income, credit profile and loan purpose.
One of our team will contact you about your loan approval. We explain the terms clearly, answer your questions and make sure you understand exactly what you are agreeing to before anything proceeds further. No jargon, no pressure.
There is no obligation at any stage. If the approval works for you, we guide you through to settlement. If the terms do not work for your situation, talk to us — we can work through what other options may be available. Same-day funding is possible for applications approved before 12pm on business days, depending on the lender.
Applying to lenders yourself
One application, we do the rest
Every time you apply directly to a lender, they run a hard credit enquiry. This appears on your credit file. Apply to five lenders in a row and you end up with five hard marks on your file — which makes future approvals harder and can push up the rates you are offered.
NeedCashToday runs a soft credit check during our assessment. A soft check does appear on your credit file but does not affect your credit score and cannot be seen by other lenders. Once we identify the right lender and submit your application, the picture changes slightly — some lenders accept our soft check as sufficient, while others will run their own standard credit check as part of their approval process.
What happens to your score when you apply directly vs through NeedCashToday.
Your score stays intact with NeedCashToday. We assess first, then approach only the lender most likely to say yes.
We work best for employed New Zealanders with a good credit history who want a better loan deal without the hassle. Here is who we can and cannot help.
We can help if you are
We may not be the right fit if you have
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Transparent answers to the questions we get asked most often.
Still not sure? Talk to our team
No. NeedCashToday is a registered loan broker, not a lender. We do not lend you money ourselves. Instead we act on your behalf to find the lender from our panel of 20+ NZ lenders most likely to offer you a suitable loan at a competitive rate. NeedCashToday is powered by Lending Room, FSPR registered.
A broker and introducer fee of up to $1,500 applies when your loan is successfully funded. This fee is added to your loan amount, is GST inclusive, and is always disclosed clearly before you commit to anything. You are never under any obligation to proceed. Lender establishment fees of up to $450 may also apply depending on the lender.
No, not from our assessment. We use a soft credit check which does appear on your credit file but does not affect your credit score and is invisible to other lenders. Once we match you to a lender and submit your application, some lenders accept our soft check while others may run their own standard credit check — we will always advise you before that happens.
Not at all. You can withdraw at any stage before a loan agreement is signed. Our team will always present your options and explain the terms clearly before anything is submitted to a lender. The choice to proceed is always yours — there is no pressure and no upfront cost.
The application takes about 5 minutes. In most cases our team will be in contact with you the same day. Same-day funding is possible for applications approved before 12pm on business days, depending on the lender and how quickly documents are provided.
Yes. NeedCashToday is powered by Lending Room, which is registered on the Financial Service Providers Register (FSP486566) and operates in accordance with the Responsible Lending Code. All lenders on our panel are also registered and regulated financial service providers in New Zealand.
If the first lender we approach does not approve your application, we will review whether another lender on our panel may be able to assist. We will always discuss the outcome with you honestly and, if we cannot help right now, explain what you might do to improve your position for the future. A decline from one lender does not necessarily mean you cannot get a loan — it just means we need to reassess your options.
Fill in one form and our team will match you to the lender most likely to get you a better deal. No obligation, no upfront cost, no credit score impact from our check.
Soft credit check only. Broker fee of up to $1,500 applies on successful funding. NeedCashToday is powered by Lending Room, FSPR registered (FSP486566). Rates 8.99–29.95% p.a. (AIR). Full T&Cs apply.
