As part of our assessment of your first application for a Payday Loan NZ we will carry out a credit check.
We understand that from time to time people may have a few troubles and often defaults, but our policies are not as tight as banks and mortgage lenders and approve many applications if you are paid regularly and don’t withdraw all your pay as cash on the day you are paid.
However, there are still cases when applications are declined. If you are now bankrupt, or have an extremely bad credit history, your application will be declined. We may also decline your application if we consider this type of lending is not right for you or if the repayments will cause you financial hardship.