Beneficiary Loans

On a benefit and need a cash loan? We can help.

Happy Pacific lady and New Zealand Male

Getting a loan on a Benefit

Subject to responsible lending enquiries and checks

If you are on a government benefit, it can be tough to secure a loan from the bank. The other option is a payday lender, but these come with huge interest rates that can leave you much worse off in the long run.

At MoneyShop, we assess customers on an individual basis and provided you meet all of our standard lending requirements we may be able to provide you with a loan. All loans will be subject to responsible lending enquiries and checks.

If you are on a benefit and need a loan talk to our friendly team today! We have been lending in New Zealand for over 30 years. We are completely transparent about our rates and will ensure your repayment plan is affordable and straightforward.

How much do you need?
Amount $2000
$200
$20,000
Term 26 weeks
26 Payments
52 Payments
$100.63 per week
Calculating...
Loan Details
You are borrowing
$2000.00
Interest
$616.38
You need to repay
$2616.38
26 weekly payments of approx.
$100.63
Minimum repayment term
6 weeks
Maximum repayment term
26 weeks
Annual interest rate
29.95%
You are borrowing
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Interest
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You need to repay
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weekly payments of approx.
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Minimum repayment term
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Maximum repayment term
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Annual interest rate
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Why Choose Moneyshop For Your Beneficiary Loan?

Here at MoneyShop, we aim to approve your application and get you access to your finances as fast as possible. Thanks to our online beneficiary loan application process, you can quickly apply any day, any time.

Apply in 2 minutes

Apply online

Complete our simple online loan application form. It only takes a couple of minutes!

Subject to responsible lending enquiries and checks

Competitive rates

Competitive rates

Your application will be reviewed by one of our team ASAP, and we will send you a response as fast as we can. In some cases, this may be the next business day.

Money in 2 hours

Get Paid

Once your application is accepted, the money is deposited in your bank account! It couldn’t be easier.

What Can Beneficiary Loans Be Used For?

Car loans may or may not involve security, and this can change the terms of the agreement. If you have any questions or concerns, feel free to contact us, and we’ll be happy to help.

Emergency loans

We understand that life can get tough and sometimes you need a helping hand. Whether you need some cash for car maintenance, medical costs, or other emergencies, we have lending options to suit your needs.

When you need a hand

At MoneyShop, we pride ourselves on our prompt, friendly service. We take the stress out of getting a personal loan so you can get the cash you need fast. Apply for a fast beneficiary loan online today or visit a MoneyShop branch near you!

Get Your Cash Loan Today!

At MoneyShop, we pride ourselves on our prompt, friendly service. We take the stress out of getting a personal loan so you can get the cash you need fast. Apply for a fast beneficiary loan online today or visit a MoneyShop branch near you!

Man gets a loan online at computer

FAQ's

$200 - $20,000

If you have all of the required documents to support your loan application, we can process a loan in less than two hours.

Our interest rate varies. It is dependent on a number of factors, such as the security offered for the loan and the duration of the loan. Once determined, the interest rate is fixed for the term of the loan.

Our repayment period is from three months to a maximum of 36 months, from $30 per week.

Yes, normal lending criteria applies.

It depends, give us a call and we can do a credit check to see if we can help.

You must be at least 18 years of age to apply for any form of credit or finance.

See “Repay A Loan” in our Resources section for more information.

We lend on cars, furniture and property. There must be no money owing on your security. If a balance remains, we can sometimes pay this out and build the cost into your personal loan.

If you are unable to provide security, it may be that your situation allows us to lend you an unsecured loan up to the value of $1500. Otherwise, you can arrange a Guarantor. The Guarantor follows the same procedure as if they were borrowing the money and must have suitable security.

Yes we can refinance your loan if you have a good repayment history with us, clear credit and affordability.

Yes, but please note there may be an early repayment fee.

Here to give you a helping hand

Our friendly team are here to help you throughout the entire lending process.