Debt Consolidation

Struggling with too many bills? Simplify your finances with a debt consolidation loans up to $50,000.

How does it work? We'll repay all of your debts and roll them into one easy loan, with a single payment. This means less fuss and less stress, giving you the chance to get on with your life without piles of confusing payments, endless paperwork and creditors taking up your time and energy.

The maximum term of a debt consolidation loan is determined by your security. Maximum terms range from 3 years for motor vehicle security, and up to 5 years with property security.  

Why consider debt consolidation?
  • Combine your existing loans & hire purchase's into a single loan with a single payment, simplifying your finances
  • A fixed interest-rate means your payments are set for the life of the loan, and you can budget for them with confidence
  • The payment day aligns with your pay day making it easy to manage
  • Fixed terms from six months up to three years
Eligibility criteria
  • You are at least 18 years of age, a NZ citizen or permanent resident
  • You have a regular income
  • You or your guarantor has a freehold car or motor vehicle, or a home or land with sufficient equity

If you are unsure about whether or not we can help, please feel free to contact us on 0800 11 22 74 or simply apply via the button above.

For Xceda’s standard Loan Fees, Terms and Conditions please click here. Interest rates vary from 10.25% p.a. to 29.85% p.a. depending on a number of factors including: the security provided, credit history, serviceability and any existing loan payment history with Xceda Finance.

Loan Criteria includes:

Credit History

Credit history is just one of many factors we assess when reviewing a loan application. 

However, we do understand that most people go through a difficult patch at some stage in their life such as sickness or a relationship breakup, and for many this can affect their credit rating. So when looking at any bad or adverse credit history, we pay particular attention to how a person dealt with it, how long ago it happened and to what extent it was a problem.

Affordability and Stability

As a Responsible Lender, we consider your capacity to meet the loan repayments.

Depending on the repayment amount and your income sources, this may require us getting information about your income and expenses.

We also consider your job and living history to determine whether your capacity to meet the repayments is likely to change during the term of the loan.


In some cases, particularly where there is recent or unexplained bad credit, we may suggest a guarantor to provide additional security.

There has been some changes to Consumer Lending in New Zealand which means it may take you longer when you borrow. To find out more about these changes and how they will effect you, please check out the resources on Financial Services Federations website.

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