Interest Rates (Per Day)
Based on your unique circumstances, interest rates range from 0.06% to 0.08% per day, annual interest rates range from 21.9% to 29.2%.

Establishment Fee (Loan Amount)
($1,000): $150
($1,001 – $3,500): $250
($3,501 – $5,000): $350
($5,000 above): $475

Variation Fee
$25

Admin Fee
A $2 fee will be applied to your account on each repayment

Method of charging interest
Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365.

Interest is charged to your account.

Repayment Information

Payment is made by weekly or fortnightly Direct Debit.

Early settlement
You have the right to repay all or part of the loan at any time. There is no early repayment fee.

Default fees
A missed payment fee of $15.00 will be charged if you do not make your payment in full by the payment due date. There may be other consequences under the contract in the event of default.

Default interest
If your account becomes overdue, default interest will be applied from the moment you fall behind until the account is brought up to date and is charged on the amount due by unpaid. The annual default interest rate is 47.45%. Default interest is calculated daily, based on the annual default interest rate, and will be charged to your account on the same date as your scheduled installment.

PPSR Fees
A fee of $16.50 will be charged to register a security interest if security is required on a loan.

*Normal Credit Criteria
Loans are provided, subject to status by Rhino Solutions operating from Auckland, New Zealand. To apply you must be at least 18+ and have a valid passport or New Zealand drivers licence. The rate you are offered will depend on your personal circumstances, credit assessment procedures, and other related factors. Your application will not be considered without a valid phone number and personal email.