Sometimes you need a bit of extra cash to tie you over to your next pay. Maybe an unexpected bill has popped up or you just need some extra cash for the weekend. Getting a payday loan from a direct lender like Swoosh is a super simple process! Apply online for $2000-$5000 today in NZ and get cashed up ASAP.

What is a payday loan?

Payday loans are a type of small, short-term finance. They are generally characterised by fast processing times and higher interest rates than other kinds of loans.

Swoosh small payday loans are secured, come with a fixed interest rate, and are super easy to apply for!

How payday loans work

Like our other small cash loans, our fast payday loans are designed to be both quick and easy. It only takes a few minutes to apply and our assessors will work quickly to review your application. Once approved, the money will be sent directly to your bank account. Your loan is then paid back over 12 months to make it easy to manage repayments.

The best thing is, if you just need a loan to tie you over till payday, you can pay it off as soon as you like. We won’t charge you any extra fees for making extra repayments or paying your loan off early.

Where can I get a quick payday loan?

Swoosh Finance is a 100% online private lender in New Zealand, meaning you can apply from anywhere, at any time, and get cashed up fast!

Flexible repayment options

Payments will align with your payday and come out automatically, so you don’t need to worry about missing a repayment.

Payments can be made:




Apply for a payday loan online

Apply online 24/7 to get started on the simple 3-step cash loan process:

  1. Complete our online loan application in just minutes.
  2. We review your bad credit loan instantly.
  3. Electronically sign the contract and the money will be deposited directly into your bank account the same day!*

*For contracts returned at or after 4pm (NZDT), funds will be transferred overnight.


We are all about making things simple and easy as! As long as you meet our 4 eligibility requirements, you can apply today:

At least 18 years old

New Zealand permanent resident

Employed for at least 3 months*

Own a vehicle registered in your name**

*Earning a minimum of $400/week

**Vehicle will be used as security for the loan

How much payday loans cost: Rates and fees

Swoosh Finance is all about simple, easy finance. That’s why we’re upfront about our rates and fees. You know what you are dealing with before you make any decisions.

Interest is calculated daily, based on the outstanding balance, and is applied monthly to your account. Our small payday loans have fixed interest rates, so you know exactly how much you’ll be paying for the entire loan term.

If a scheduled payment is returned unpaid, we may issue a $40.00 debit dishonour fee. This fee is not subject to interest, though you’ll continue to pay the usual interest charges as described.

Online cash loan amount $2000-$5000
Application fee $0
Standard establishment fee $300
Account maintenance fee $10 per month
Other fees $25.30 (included in loan)
Annual Interest 48%
Term length 12 Months
Flexible repayment options Weekly, fortnightly, or monthly (based on your paydays)
Loan type Secured (against vehicle)

Payday loans for bad credit in NZ

You can still be eligible for a small payday loan from Swoosh if you have bad credit. We offer everyone a fair go. That’s why we look at your current ability to repay the loan, rather than your past history. All of our small cash loans are secured by a car (or another vehicle), which helps us to offer finance to a wider range of people.

Online Payday Loans | Swoosh Finance NZ

Why do people love our payday loans?

Swoosh Finance customers love our online cash loans because they get them the money they need — without tons of paperwork, hassle, or waiting in long lines. Whether it’s fast cash to deal with an emergency or a little extra for a holiday or purchase, Swoosh is here to help.

Online payday loans can be used for things like:

Unexpected bills

Pay off credit cards

Training courses

Home improvements

Debt consolidation

Travel or flights

+ more!

No matter your reason, apply today for your online loan and we’ll give you a fast answer!

Responsible lending

Swoosh is committed to providing safe, simple finance to people who need it. As a responsible lender, our (human!) assessors review every application to make sure you can reasonably afford to service the loan.

Payday Loan FAQs

We do not offer no credit check loans. Credit checks are an important part of the assessment process and help to protect both the customer and the lender.

Debt consolidation loans are used to roll multiple debts into one. That way you only need to manage one payment each period.

We offer small cash loans for debt consolidation as a direct lender. And we also offer debt consolidation loans through our brokering service.

Our small loans range between $2,000-$5,000 and our broker loans start at $5,000.

Yes, payday loans are legal in NZ and lenders are required to have a licence in order to operate.

We can’t give ‘guaranteed approval no matter what’ on loans. But we can service a wide range of credit types.

Concerned about a bad credit rating impacting your chance of approval? As long as your current financial situation meets our eligibility and lending criteria, you don’t need to worry about the past holding you back.

If you’re having trouble meeting your loan requirements, contact us as soon as possible to discuss your options.