^Here's what you need to know

  • Offer only applies to existing unsecured personal loans held with any registered New Zealand Bank that are switched to Gem. Gem will beat the existing loan’s current annual interest rate by 1% p.a.
  • This offer is for a limited time only, applications must be received by 24th March 2018.
  • Latitude Financial Services Limited reserves the right to change or withdraw the offer at their sole discretion at any time.
  • Excludes secured loans, revolving credit and loans tied to mortgages.
  • Gem will disburse funds to your bank to pay out your loan in full.
  • Offered rate applies to new lending only.
  • Credit, lending criteria, terms and conditions and fees apply, including a $240 establishment fee.
  • Gem Loans are provided by Latitude Financial Services Limited, who are not a registered bank.
  • Applicants must provide:
  • Their most recent statement with at least 6 months transaction history.
  • If the personal loan has been open for less than 6 months, then all statements or transaction records available.
  • If the personal loan has only just been drawn down then a copy of the personal loan contract.
  • We may require proof that the loan is unsecured.

The nitty gritty

$240 establishment fee.

$0 early termination fee.

$2000 minimum loan amount.

6 month to 7 year loan terms.

Eligibility criteria
  • 18 years or over.
  • a permanent resident of NZ.
  • earning a stable income.
  • credit, lending criteria, terms and conditions apply.

More information

  • PostShop payment handling fee - $1.50
  • Late payment fee - $35 in the event that you can't make the minimum repayment by your agreed due date

Better interest rates are just the beginning

Payment Flexibility

Pay off your loan weekly, fortnightly or monthly - whatever works for you.

Full Control

Always know where you stand with an interest rate that's fixed for the life of your loan.

Pay it Faster

You could save up to $1,000 in interest just by paying an extra $50 each month*.

How to apply

Applying for a Gem Finance loan online via laptop

Apply online

Get started

Gem Finance Financial representative


Our team is on-hand and ready to help you from
Mon - Fri, 8am - 7 pm
Weekends, 8:30am - 5pm (NZST).
Call us on 0800 422 898

Terms and conditions

*Pay it Faster example is based on a $16,000 loan over five years at 12.99% fixed p.a. by paying an additional $50 per month over the term of the loan.

Example: A Gem Personal Loan of $16,000 borrowed for 3 years with a fixed interest rate of 12.99% p.a. would equate to a total amount payable of $19,731.60 (including a $240 establishment fee).

Outside of this offer, Gem’s standard Personal Loan interest rates range from 12.99% to 29.99% fixed p.a. The rate depends on the amount borrowed, your personal circumstances and credit history. The interest rate and repayment amount remain the same for the life of the loan with no early repayment fee.