Same Day Loans NZ For When You Need Quick Cash!

Same day loans could be a great option when you need to cover an unexpected expense. After all, when life throws you a curveball, you likely need fast access to funds. Monzi NZ may be able to match you with a lender potentially offering same day cash loans NZ.

Need to find finance quickly? Monzi NZ might be able to help.

Monzi NZ is a lender-finding service. We do not offer financial advice. Consider seeking independent legal, financial, taxation or other advice to check how the information and ideas presented on this website relate to your unique circumstances.

man sitting by window browsing for same day loans on laptop

What are same day loans?

These loans are similar to any other personal loan in the fact they are made up of:

  • the principal amount;
  • interest; and
  • fees and charges.

Lenders offering quick and easy loans, however, aim to assess applications and transfer funds the same day as you apply. As a result, same day cash loans can often be a great option for covering an unexpected or emergency expense.

How do same day loans work

Lenders offering these loans aim to keep the entire process, from online application to transfer, condensed into one day. In other words, borrowers could apply for, and access, a loan all on the same day.

Therefore, the below process should all happen on the same day:

  1. The consumer lodges their application.
  2. The lender will assess the application.
  3. If the application is approved, lenders will transfer the money.
  4. Hopefully, the borrower is able to access their funds the same day.

Keep in mind, however, that inter-bank transfer times may affect when consumers will be able to access their funds.

We’re Monzi NZ – Kia Ora!

You may be wondering how on earth Monzi NZ is able to help get you quick access to cash? Let us divulge our secrets.

Monzi NZ is a lender-finding service that aims to pair Kiwi borrowers with quality credit providers potentially offering same day personal loans. The best part? We may be able to do this within minutes of applying! In addition, our service is 100% online!

More specifically, Monzi NZ works with a network of trusted credit providers that may be able to offer both secured and unsecured personal loans from $300 to $10,000!

The below table outlines some of the loan products our network of lenders may be able to offer:

Same day loans NZOnline loans same day
Same day cash loansSame day bad credit loans
Small same day loansSame day personal loans

Please note, the above table is just a guide.

Ways to make money immediately

Has an unexpected bill or fine arrived in your mailbox? Have you found yourself in a slight financial pickle? If so, you may find yourself needing quick access to cash. However, other than applying for quick cash loans, what other options are available to you?

The below-list outlines some easy ways you could potentially make a few extra dollars.

Check your home

Australian consumers may be surprised at how much they are able to find. Moreover, you may be able to find much more than a few dust-covered gold coins.

More specifically, remember to check in your pants and jacket pockets, as well as in your car. While checking around your home is indeed a free and immediate way to access your own cash, it may not be enough to cover your expenses.

Sell your old things

If you need quick access to cash, selling your things online could be an easy and convenient option. After all, with platforms like Facebook Marketplace and Trade Me, selling items of value has never been simpler.

All you need to do is upload a photo of the thing you wish to sell, along with a brief description, and wait for the punters. Depending on how it all goes, you could have your old stuff out the door and cash in your account by the end of the day.

How can I get a quick loan?

While ideally, we’d all like to access cash without taking out a loan, it is not always possible. After all, while we could make a few handy extra bucks selling our things, it may not always be enough to cover a major unexpected expense. In these situations, small loans may be a more appropriate option.

Monzi NZ’s lender-finder service may be able to speed the entire process up even more – here’s how:

  1. Enter in the amount you want to borrow plus your ideal repayment terms.
  2. Next, complete the application form.
  3. Monzi NZ will try and match you with a potential lender.
  4. The lender will send through a digital loan contract if you’re successfully matched and your application is approved.
  5. After you approve the contract, the lender can transfer your funds.
  6. Depending on inter-bank transfer times, you may be able to access your loan the same day you apply.

What is the best online loan?

In the world of online lenders, you will soon realise nobody is the same. From consumers to credit providers, everybody’s individual situation may differ. As a result, it is almost impossible to label a specific loan product as the best.

However, in general, the best loan products are ones that:

  • the borrower is reasonably able to afford; and
  • fulfil the borrower’s needs and objectives.

Therefore, before applying for a loan, consider whether or not you can afford it, and whether or not it will be able to cover what you need.

Am I eligible to apply?

Before you can get started with Monzi NZ, there are a few eligibility criteria you will first need to meet. Before you start stressing, note we’ve kept our eligibility crtieria as simple and as open as possible. After all, we want to try and help as many Kiwis as we can.

So, before you get started, just make sure you are:

  • At least 18 years old.
  • A New Zealand Citizen or Permanent Resident.

In addition, make sure you have:

  • A valid mobile number.
  • Personal email address.
  • Received a regular income for the last 3 months.

If you meet and have everything listed above, you can go right ahead and get started with our lender-finder service!

How can I get a same day loan?

The question everyone applying for online loans same day wants to know: when will I see my cash?

Well, ideally the answer is the same day you apply. However, the answer really is a little more complex than that. After all, there are a number of variables that may affect when you will be able to access your money.

  • Inter-bank transfer times. Certain banks may handle transfers like these differently. Therefore, who you bank with may affect how quickly you’ll see your cash.
  • When you approve your contract. Lenders will only transfer your funds after you approve the loan contract. Therefore, if you approve your contract outside of normal business hours, your cash may not be transferred until the next business day.
  • Banking rounds. Be mindful of your lender’s banking rounds. Banking rounds are when credit providers actually transfer the cash. Therefore, if you approve your contract outside of your lender’s opening hours, or over the weekend, you may not see your cash until the next business day.
  • Extra information. Aim to provide all relevant information correctly the first time you apply. Otherwise, lenders may need to stall the loan process to get all the information they need.

Consumers are not guaranteed to receive fast cash loans the same day they apply, even if they are aware of everything listed above.

Can I apply for same day loans if I have bad credit?

Finding finance online is stressful enough at the best of times. In short, it can be hard to know where to turn if you experience a financial snag. If you, however, throw a poor credit record in there, and things may start to feel even more stressful.

Luckily, consumers can still use our lender-finder service, even if they have poor credit. Why? Because our network of lenders may be able to focus on more than just your credit score.

So, if you’re looking for same day bad credit loans NZ, or personal loans bad credit, Monzi NZ might be able to match you with the right lender.

Why does my credit matter for same day loans?

Having a good credit report is important because it gives credit providers an idea of how trustworthy you are as a borrower, based on your past borrowing history.

Moreover, this can directly influence whether or not a lender will offer you a short term loan. More specifically, your lender will use your credit report to help them decide what interest rate to offer you, as well as other charges.

What affects my credit?

In essence, your credit report and credit score reflect your history as a borrower. As a result, repeated displays of good borrowing habits will have a positive effect on your credit score and vice versa.

More specifically, significant negative effects (like defaults) may stay impact your credit report for up to five years.

How can I get my credit back on track?

The list below outlines a few habits that, if done consistently and over a period of time, will improve your credit score.

  • Make payments on time. While this is obvious, it is pretty crucial. In short, always aim to make your repayments on time. In addition, repeatedly failing to pay your utility bills on time may also affect your credit record.
  • Keep credit card balances low. In short, lenders will check how much credit you have available and how much of your credit limit you have used. In short, lenders may interpret you as being financially on edge if you have credit cards that are maxed out.
  • Avoid applying for new credit. When you apply for a credit product, the provider may put in a request to check your credit report. This request will be noted on your report. Put simply, having too many of these credit enquiries may have a negative impact on your credit score.

Where can I check my credit report myself?

New Zealanders are legally entitled to a free copy of their credit record each year. Generally, you are able to access your credit report through one of the three major credit reporting companies in New Zealand:

Stress-less credit checks

Some people are so concerned with their below-average credit score, they feel their only option is to apply with a no credit check payday lender. However, payday loans can sometimes have high fees and charges and may be inflexible when it comes to their repayment terms.

Instead, Monzi NZ may be able to pair you with a Kiwi credit provider potentially offering bad credit personal loans. In short, consumers may be considered for approval even if a credit check is performed on their application.

Does Monzi perform credit checks?

No, as the lender-finder, Monzi NZ will not perform any sort of assessment of your application. Instead, we aim to match your application with a potential lender.

The lender you’re paired with, however, may conduct a credit check as part of their assessment policy. Although, this is at the discretion of the lender themselves. Finally, because Monzi cannot speak for individual lenders, we cannot guarantee whether a credit check assessment will take place on your application.

Space-age banking technology

Consumers will be asked to provide their online banking details when they apply. While this may seem odd at first, there is no need to be alarmed.

Monzi asks for your banking credentials so we are able to provide a read-only copy of the last 90 days of your bank statements to a potential lender. Then, your potential future lender is able to get an idea of you and your current relationship with money.

Moreover, if you have poor credit, but are earning a regular income and have been responsible with your commitments, you may still be considered for approval.

Small same day loans

At times, all we need is a little financial pick me up to see us through those uncertain periods. After all, if you just need a few extra hundred to cover some pesky bills, applying for a loan of a few thousand may put you in rougher financial waters than before you started.

Monzi NZ works with a network of lenders offering a variety of personal loans, potentially ranging from $300 to $10,000. Why? To give Kiwi consumers the flexibility they deserve. Therefore, if you need something small to cover a rogue phone bill or something larger to pay for international flights, Monzi may be able to match you with a potential lender.

I’m looking for low interest same day loan

Looking for the lowest interest rate possible? After all, a low interest rate means a cheaper loan same day, so it only makes sense.

It must be noted, however, each lender may offer different rates. As a result, Monzi NZ cannot shed light on what kind of interest rate you may be charged. To get a better idea of what you may pay, get in contact with your lender directly.

I need same day loans with easy approval

Are you asking yourself what the easiest fast loan to be approved for is? Well, unfortunately, we can’t give you an answer to that one.

After all, there are too many variables at play to offer a genuine answer to this question. Namely, different lenders will have different assessment criteria. Furthermore, just as lenders all differ, so too do consumers.

Applications open 24/7

At Monzi, we’re proud of our 100% online business model. Not only is it super convenient and paperwork free, but consumers can lodge an application at any time; Monday to Friday, Weekends, and everything inbetween.

If you, however, apply outside of normal business hours, we may not be able to try and find you a lender until the next business day. Keep in mind, this includes weekends. Therefore, if you lodge an application on Saturday morning for example, we may not be able to get to your application until the next business day.

Emergency cash to keep you sane

If your budget has been derailed by an emergency or unexpected expense, your life doesn’t need to be derailed too.

A same day loan found offered by one of Monzi’s lenders could be your ticket to getting back on track. Moreover, these loans can be applied for in minutes, assessed in no time, and made available even quicker!

Why was I declined?

Having your application declined is never fun. Moreover, it can often leave us feeling downtrodden and annoyed, especially if you aren’t sure why you were declined.

The truth is, there could be a whole manner of reasons why your application was declined. In short, lenders are required by law to assess whether or not a loan product is suitable for the consumer in question.

These are known as the lender’s responsible lending practices. In essence, lenders will assess your application so they are sure that:

  • the loan product will satisfy the borrower’s needs and objectives; and
  • the borrower will be able to afford the repayments without enduring substantial hardship.

So, while Monzi cannot tell you why you were declined, it is likely in your best interest. Despite being annoying, it is much better to be declined then approved for a loan that is unsuitable for you.

How do I make repayments?

Same day loans are designed to be as convenient and easy as possible. This, however, doesn’t just refer to the loan application process.

Generally, credit providers and borrowers will reach an agreement on the repayment cycle. This may include the repayment terms (how long you have to pay the loan off) as well as the repayment schedule (whether you want to make weekly, fortnightly or monthly repayments).

The lender will set up a direct debit from your bank account.

Finally, we cannot guarantee the number of repayments you will have to make.

Same day loans for any situation

Heaps of Kiwi consumers love same day personal loans because of the flexibility they afford. In other words, you could use your personal loan to cover a huge variety of personal expenses.

Below are some examples of the more popular reasons Kiwis apply for personal loans:

  • Medical bills
  • Rental bond/moving costs
  • Emergency travel costs
  • Holidays
  • New clothes, shoes or jewellery
  • Business expenses

We’re right here

Despite being 100% online, providing great customer service and support are central to Monzi NZ’s mission. Therefore, if you have any questions about our lender-finder service, you can reach out to a real person at

We’ll aim to answer your question as quickly as we can. If, however, you apply outside of normal business hours, we should have a response for you by the next business day.

Apply Now

Factor In


Two credit cards
Two credit cards

Here are some costs you may incur if Monzi is able to match you with a lender today.

Loan amount

$300 - $10,000


12 months to 24 months


Interest Rate between 1.5% and 20% per month

$2,500 repaid over 13 months would have 56 weekly repayments of $75.05. Total interest $1702.80. Total amount repayable $4,202.80. This example is based on a monthly interest rate of 9% and an AIR of 108%.

WARNING: This is a repayment estimate only. Your lender will determine the exact fees, terms and loan amounts available for you, which may alter your repayments. Annualised Interest Rates (AIR) could be as high as 292% depending on your personal situation.
Note, your lender may offer you different terms, fees or loan amounts based on your individual circumstances, needs and their own lending criteria. Please check your contract before signing