Reviews collected under Lending Room, the team behind NeedCashToday
Security reduces the lender's risk — and that saving gets passed to you. NeedCashToday matches you to the secured loan lender most likely to approve you at a competitive rate. One form, no credit score impact, no back-and-forth.
One short form. Tell us what you need and what asset you're offering. We handle the matching — one soft credit check, no repeated applications.
Fill in our short online form — how much you need, what you'd like to use as security, and a bit about your financial situation. It takes around 5 minutes and you only do it once.
We run a soft credit check — zero impact on your score — and assess your asset and situation. Then we match you to the lender on our panel best placed to offer you a competitive secured rate and a high chance of approval.
Our team contacts you with your result. If the match works for you, we guide you through to settlement. Most applicants hear back the same day. No obligation at any stage.
Indicative only. Actual repayments vary based on your approved rate, lender fees and loan structure. Broker fee of up to $1,500 and lender establishment fee of up to $450 may apply.
Get My Real RateSecured loans use an asset as collateral, which reduces the lender's risk — meaning lower rates and higher loan amounts for you. Here's what our lenders accept.
Use your car, ute or van as security to unlock better interest rates and access higher loan amounts than an unsecured option would allow.
Use equity in your property as security for a larger secured personal loan at a competitive rate — without needing to refinance your mortgage.
Use your motorbike as security to access better loan terms. Both new and used motorbikes are accepted by lenders on our panel.
Use your boat, jetski or other watercraft as security for a secured loan through NeedCashToday. Dealer and private purchase boats accepted.
Use your campervan or motorhome as security to access competitive secured loan rates from specialist lenders on our panel.
Use machinery, tools or equipment as security for a business or personal secured loan. We match across a range of asset types.
Some lenders on our panel accept term deposits or savings accounts as security for a loan — allowing you to borrow without liquidating your savings.
Have a different asset in mind? Apply and tell us what you have. We'll assess it and let you know whether it qualifies before approaching any lender.
Some lenders will consider assets with existing finance, as long as there is sufficient equity. We assess your full situation before approaching any lender on your behalf — so apply and let us work out what's possible.
We work with employed New Zealanders who have a stable income, a clean or near-clean credit record, and an eligible asset to offer as security.
Full-time, part-time or self-employed with a regular, verifiable income. Lenders need to see that repayments are comfortably within your means — ideally earning $600 or more per week.
NZ citizens and permanent residents are welcome. Open and employer-specific work visas with at least 13 months remaining are also accepted by lenders on our panel.
A good credit record is important. Security can help you access better rates, but lenders still assess your credit history. Apply and we'll review your full situation before approaching anyone.
Vehicle, property, boat, campervan, equipment or savings. The asset must be free of encumbrances or have sufficient equity. Not sure if yours qualifies? Apply and we'll let you know.
Our application takes about 5 minutes. We assess your situation and asset, then 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 secured loans through NeedCashToday.
Still not sure? Talk to our team
A secured loan is a loan where you offer an asset — such as a vehicle, property, boat or equipment — as collateral. The asset gives the lender security, which reduces their risk. That reduced risk typically translates into better interest rates and access to higher loan amounts compared to an unsecured personal loan.
You can borrow from $1,000 up to $250,000 depending on the asset, your income, credit history and the lender's criteria. The value and type of your security plays a significant role in determining how much you can access — higher-value assets typically unlock larger loan amounts.
Rates on our panel start from 8.99% p.a. (AIR). Because security reduces the lender's risk, secured loans generally attract lower rates than equivalent unsecured borrowing. The rate you are offered will depend on your credit profile, the type and value of your asset, the loan amount and the term. We work to find the most competitive rate available for your situation.
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. Once matched, some lenders accept our check while others may run their own standard check as part of their approval process. We will always let you know before anything happens.
Not necessarily. Some lenders on our panel will consider assets that still have existing finance on them, provided there is sufficient equity — meaning the asset's value is meaningfully greater than what's owed. We assess your full situation and work out what's possible before approaching any lender.
If you default on a secured loan, the lender has the right to repossess the asset used as security to recover the outstanding debt. This is the key difference between secured and unsecured borrowing, and it's important to be confident repayments are manageable before proceeding. We only match you to lenders where the loan structure makes sense for your financial position.
A secured loan uses an asset as collateral, which reduces the lender's risk and typically results in lower interest rates and higher loan amounts. An unsecured loan has no collateral — the lender takes on more risk, which usually means higher rates and lower borrowing limits. If you have an eligible asset, a secured loan is almost always the better value option.
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.
Most applicants hear back the same day. Once approved, funding typically takes one to two business days depending on the lender and how quickly supporting documents are provided. Same-day funding is possible for applications fully approved before 3pm on a business day.
A secured loan is a personal loan backed by an asset — most commonly a vehicle, property, boat or equipment. The asset acts as collateral, meaning if you default on the loan, the lender has the legal right to repossess it to recover the outstanding debt.
Because the lender's risk is reduced by the security, secured loans typically offer lower interest rates and access to higher borrowing amounts than unsecured alternatives. For borrowers with an eligible asset, a secured loan is usually the most cost-effective way to borrow.
The right choice depends on whether you have an eligible asset and how important the interest rate is to you. Secured loans offer lower rates and higher limits — but your asset is at risk if you cannot meet repayments. Unsecured loans carry no asset risk, but lenders charge higher rates to compensate for the additional exposure.
For most borrowers with a vehicle or property, a secured loan will result in meaningfully lower total interest paid over the life of the loan. If you are borrowing a smaller amount and the rate difference is minor, an unsecured loan may be simpler. Talk to our team if you are weighing both options.
Lenders on our panel accept a wide range of assets including vehicles (cars, utes, vans), property equity, motorbikes, boats and watercraft, campervans, commercial equipment and in some cases term deposits or savings accounts. The asset must either be owned outright or have sufficient equity — meaning its value is meaningfully greater than any existing finance.
The type and condition of the asset affects both the lender's willingness to lend and the rate they will offer. Newer, higher-value assets in good condition typically attract the most competitive terms.
Yes, in some cases. If there is existing finance on your asset, some lenders will still consider it as security provided there is sufficient equity. For example, if your vehicle is worth $25,000 and you owe $8,000 on it, you have $17,000 of equity that a lender may be willing to work with.
The specifics depend on the lender, the asset type and the amount you are looking to borrow. We assess your situation in full before approaching any lender — so apply and we will tell you honestly what is possible.
We are a broker, not a lender. Our job is to match you to the right secured loan lender from our panel of vetted NZ lenders — including specialist and non-bank lenders not always accessible directly to consumers.
We assess your asset, your situation and your requirements before approaching any lender. That means we only present you to lenders who are genuinely likely to approve your application at a rate that makes borrowing against your asset worthwhile. One form, one soft credit check, one team working to get you the best outcome.
Apply in 5 minutes. No credit score impact. We assess your asset and match you to the secured loan lender most likely to approve you at a rate that makes a real 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.
