Going about your day-to-day life, you’ll probably see countless ads for instant loans and quick cash. These ads grab your attention but don’t give you much information so that when you do need cash in a hurry, you have no idea how to apply for it. Here you’ll see the basic requirements for getting a payday advance in New Zealand and what you need to get the process started.

Getting A Loan

There are countless financial service providers to choose from that offer payday loans, ranging from banks to other financial institutions. It’s important to make sure that you’re not taking loans from suspicious individuals or a place that’s not a registered financial service provider or a certified lender.

Depending on who you apply to, the specific requirements for taking a loan might differ. For the most part, there are a standard set of requirements that you’ll need to meet to apply for a payday loan.


An important fact to note when taking out a payday loan is that these loans should be taken out for an urgent and moderately sized need, such as a medical expense, car troubles or urgent repairs on your home. These loans shouldn’t be taken out for long-term expenses and trying to apply for one under these circumstances can lead to immediate rejection.

When applying you’ll need an active bank account into which your loan can be deposited. Secondly, you’ll need to provide proof of income. This can be done in the form of a bank statement, showing that you receive a regular and consistent income, and in some cases, you’ll need to earn above a certain amount to qualify for a loan. By assessing your income, the lender will be able to see the loan amount you are eligible for to prevent you from going into debt by paying off that loan. Lastly, you’ll need a form of identification when you take out the loan, which allows the lender to prevent fraud from taking place on your name.

At Cash Relief, we provide payday advances in New Zealand with no fuss and no forms. Aside from the above requirements and earning a minimum income of $450 a week, all you need is internet access, a mobile phone and email address.