Can our interest-free loans help you?
Watch our video to see if a Ngā Tāngata Microfinance loan can help you.
- Are you struggling to pay high interest loans?
- Do you need an essential item such as a fridge or medical fees, but have no savings to pay for it?
- Are you a New Zealand permanent resident/citizen?
- Are you eligible for a community services card?
- Are you happy to work with a financial mentor to get ahead financially?
If you said ‘yes’ to the above, you’ve come to the right place!
Our GetControl loan is for New Zealanders like you, who need a little help getting through a tough patch.
About our Little Loans
- Zero interest charged
- Zero fees charged
- You repay the loan over 2 years
- You get guidance and support from a financial mentor on how to get ahead with money
GetControl
Interest Free Loan – up to $5,000
- To pay off high-interest debt you already have and/or to pay for essential items. We also lend for family wellbeing and asset purchases. .
Click here for NTM-Income-Threshold
Ready to Enquire for a loan? Start here
The process: 9 steps to getting a little loan
In a tight spot?
Our loans are for people who are struggling to pay off rising debt, or who need to buy essential items (like a washing machine or medical fees), but have no savings. Please note – we do not provide loans for vehicle purchases.
You apply for a loan
You spend time working with a financial mentor, over at least 3 sessions to see if GetControl Interest Free Loan is right for you.
If the loan is approved
One of Ngā Tāngata’s team will work with you over the life of the loan, to answer any questions or assist with advice.
Choose your loan term
You can choose to pay the loan off over 6 months, 12 months or 2 years – your financial mentor will help you decide which will work best for you.
You work with a financial mentor
Your financial mentor will coach you on how to create a budget so you can manage your money better in the future, and help you set up your loan repayments.
Your loan is ready
Once your loan is ready, the money will go directly to paying off your debts or buying that essential item you need.
You repay the loan
Your loan repayments will be deducted from your wages or benefit either weekly or fortnightly for the term of the loan.
We help someone else get a loan
You’ve paid it back – good work! The amount of your loan will be made available to someone else who’s going through tough times financially.
Your coaching doesn’t have to stop
We know it’s not easy getting your money under control, so you can keep working with your financial mentor for as long you need to.
Repaying your loan
GetControl
| Repayments per week | Term 2 years (max) | Term 1 year | Term 6 months |
| $500 | $5 | $10 | $20 |
| $1000 | $10 | $20 | $39 |
| $1500 | $15 | $29 | $58 |
| $2000 | $20 | $39 | $78 |
| $2500 | $25 | $48 | $97 |
| $3000 | $30 | $58 | $116 |
| $3500 | $35 | $68 | $135 |
| $4000 | $40 | $77 | $154 |
| $4500 | $45 | $87 | $174 |
| $5000 | $50 | $97 | $193 |
Working with a financial mentor
Together with one of our loans, working with a financial mentor will help you learn to get ahead with money. He or she will work with you to make a budget, show you how to plan ahead, ensure you’re getting all the right benefits, and coach you through any tough times.
The great part is, it’s FREE, plus your financial mentor can keep working with you for as long as you need to get your debt under control or to get ahead financially.
“My financial mentor found easier ways for me to live day to day. It’s a great service, and the people are lovely. I’m feeling much better now. I don’t have to go without any more, or worry about my debts.” – Maria*
* Name changed to protect identity.
