Moola specialise in providing fast little loans online. You can borrow $100.00 - $5000.00 for between 2-170 days.

We are so confident in the speed of our system that we guarantee to have the money in your bank within 60 minutes of approval.

When you get a loan with Moola, you know exactly what you are getting, we promise there are no hidden costs, no small print and no nasty surprises. What you see is what you get.

Our loans have been designed to provide quick, clear and fair finance for Kiwis who need help making ends meet.

Moola is a registered Financial Service Provider with NZ Govt. Reg No. FSP211325

The Credit Agreement will be governed by the Credit Contracts and Consumers Finance Act

Moola belongs to the dispute resolution scheme Financial Service Complaints Limited

• Establishment fee - $28.00.
• $2.00 per direct debit charged when we deduct payment from your account.
• $11.00 extension fee should you require additional time to repay.
• Interest is charged at 1.50% per day on the outstanding balance of the loan.
• $30.00 wage deduction fee if you fail to repay your loan.
• $23.00 default fee if you fail to make your payment.

• Establishment fee - $28.00.
• Processing fee - $45.00.
• $2.00 per direct debit charged when we deduct payment from your account.
• $11.00 extension fee should you require additional time to repay.
• Interest is charged at 0.75% per day on the outstanding balance of the loan.
• $30.00 wage deduction fee if you fail to repay your loan.
• $23.00 default fee if you fail to make your payment.

• Establishment fee - $28.00.
• Processing fee - $45.00.
• $2.00 per direct debit charged when we deduct payment from your account.
• $11.00 extension fee should you require additional time to repay.
• Interest is charged at 0.50% per day on the outstanding balance of the loan.
• $30.00 wage deduction fee if you fail to repay your loan.
• $23.00 default fee if you fail to make your payment.

See Moola Fee Table

We will get in touch with you if any of your payments dishonour and if you have a genuine reason we will do everything we can to help you. If you are able to make the payment within the next 48 hours we will not charge a default fee of $23.

If we have not been able to come to some agreement after ten days, or you have dishonoured more than once, we will arrange to recover the loan by wage deduction.

If we still have not been paid we will lodge your outstanding debt with an external debt collection company and may lodge a claim with the court at a cost of $500.

If you have experienced some form of hardship—e.g. sickness, redundancy, family bereavement—between taking your loan and your payment we will look to put a new schedule together without adding additional fees.

If you fail to repay your loan it will negatively affect your credit rating.

You are able to apply to extend your loan, only once, for a $11 extension fee with weekly customers able to add one week, fortnightly able to add two weeks and monthly customers not able to extend at all due to the length of their pay cycle. We do not offer renewals/refinancing on loans so there are no renewal or refinancing fees.

Moola loans are only suitable to improve short term cash flow requirements.

If you are already in debt then we would advise you not to get a Moola loan. You should talk to the Citizens Advice Bureau or go to sorted.co.nz for budgeting advice.

If you have any questions about our loan, or do not understand what you are signing you should seek independent legal advice.

Contact Moola