Loanplace Blog

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Buying A New Car On Finance? You Must Read This Guide Before You Buy!

Thinking about buying a new car? Awesome. Planning to borrow money to do so?  Don’t sign anything without reading this article. Lots of Kiwis will buy their next new (or used) car from a dealer. You’ll head to the car yard, test drive a few vehicles, then enter into the classic conversation with the car […]

Sep 12, 2019

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3 Ways To Improve Your Credit Rating And Increase Your Chances Of Getting A Loan

When we talk about your ‘credit rating’, we’re talking about your entire history of financial decisions. That might sound scary, but it doesn’t have to be. See, every time you apply for a loan, a mobile or internet plan, mortgage or credit card, for example, the provider has to check whether or not your history […]

Sep 6, 2019

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The Loanplace Guide To Getting A ‘Second Mortgage’

Your mortgage is not what you think it is. It’s not just a debt to the bank that you have to pay off to live in the house you bought. It’s not just another bill you’ve been dealing with every month since you moved in. In fact… It could be your ticket to accessing a […]

Aug 27, 2019

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Self-Employed? How To Overcome The Struggle To Get Approved For Finance

Getting approved for a personal loan in New Zealand depends on one thing; proving a steady and stable income. That’s because lenders need to be able to see that those they loan money to have the means to meet their repayments. You can’t lend someone money if you can’t reasonably expect them to pay itback, […]

Aug 21, 2019

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Read This Before You Borrow Money From A Finance Business In New Zealand

Chances are in the past couple of months you’ve seen or heard some rather scary stories about so-called ‘pay day lenders’. TV news and social media ran stories in June about how the Commerce Commission is taking one business to the High Court of New Zealand over allegations of irresponsible lending.  Naturally, the story has […]

Aug 6, 2019

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Getting Finance For a Car on TradeMe

Did you know you can get finance to purchase cars privately!? This means you can buy a car off TradeMe, off a friend, or even off the side of the road just like you would at a car dealer. This gives you the power to find the exact car you want at a much lower […]

Apr 29, 2019

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3 Ways To Get Out Of Debt Faster

Often in life you can find yourself in a bit of a pickle when it comes to money. Maybe some unexpected bills came up that you were not prepared for. Perhaps you needed to buy a car to get to work. Whatever the reason, it happens, and there are a few things you can do […]

Feb 13, 2019

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What is a Debt Consolidation Loan?

Having to pay off multiple debts at once can often become overwhelming and easily spiral out of control. Perhaps you have a credit card payment due as well as your car loan payment and by the time you pay the credit card, there is no money left over to cover the car loan as well. […]

Jan 22, 2019

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5 Personal Finance Myths

When it comes to personal finance there are a lot of different approaches and ideas out there and often it can be hard to tell what is good advice and what isn’t. Below are 5 of the most common myths around personal finance. 1. Income is the same as Wealth Often people confuse these two […]

Jan 22, 2019