What's a Cash Loan?
The next step up from a Little Loan, our Cash Loans range from $1,000 to $1,400 and are repayable over a reasonably short term - under 1 year – being anywhere from 6 to 12 months.
Similar to Little Loans, our Cash Loans are great when extra-large bills or unexpected expenses crop up that simply wouldn’t be covered by one pay.
We offer competitive interest rates, with discounts available for those with vehicle security. There are no early repayment penalty fees, so you can pay it off ahead of schedule if you like.
Our process is 100% online and once approved, we can usually have the funds in your account on the same day!
How much can I borrow?
Teensy Cash Loans range from $1,000 to $1,400. If you need more than this, please check out our Personal Loans.
Use our Loan Repayment Calculator to help estimate what repayments you can afford.
The amount you can borrow will depend on your personal situation, such as your income, weekly expenses, and credit history.
Who can get a Cash Loan?
Cash Loans are for private individuals (ie. not for self-employed people or for business purposes).
You must be over 22 years of age and a New Zealand Citizen or Permanent Resident.
You will need to be able to show income to prove you can service the loan. Your minimum income per week must be more than $500 after tax, and this can be from Permanent Employment or ACC, via a Benefit (such as Domestic Purposes Benefit), or a combination of the two. We do not however accept Temporary or Seasonal work for income.
Please note you will need to be able to provide Photo ID to apply – eg. Drivers Licence, Passport or NZ Firearms Licence.
Need a fast and easy little loan? We can help!
We aim to look at all new applications within 60 minutes of receiving them, or faster. As soon as your loan is approved we can issue the loan documents immediately for signing. This is completed 100% online (including signing them) using the latest software and quality IT partner companies to make the flow of information as quick, painless and secure as possible.
Once we receive back your signed loan docs we will put the funds in your account that day (provided all documents are received before 4pm that day).