Unsecured Loans

Looking for a small loan but you don't have security to cover it? Xceda Finance offers unsecured loans of up to $3,000 for new and existing clients.

Am I eligible for an Unsecured Loan?

Each case is judged on its own merit, but some useful rules of thumb apply. We may be able to set-up an Unsecured Loan for you if:

  • You are at least 18 years of age, a NZ citizen or permanent resident; and
  • You have a regular income equivalent to at least $400 per week
  • You have your last 3 months of bank statements showing your regular income- and expenditure 

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 now by clicking the button above.

For Xceda’s standard Loan Fees, Terms and Conditions please click here. Interest rates vary from 19.95% 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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Contact one of our friendly team members to get started!

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