Check your rate in just 3 minutes
^Rates tailored to you from 8.99% - 22.99% fixed p.a. New lending only. Rates dropped on 13/04/21.
With Gem's huge Rate Drop you can save big on interest. Plus, there are other benefits you can work to your advantage too, like paying your loan off faster and saving even more. Check your rate in just 3 minutes - why not do it right now?
Fees & charges
Payment Handling Fee
|$1.50 per payment|
|Late Payment Fee||$35 if you don't make the minimum repayment by your agreed due date|
|Early Repayment Fee||No early repayment fee, so you can pay your loan off sooner at no extra charge!|
What will my repayments be?Let's calculate
Why choose a Gem loan?
Tailored to you
When it comes to a personal loan, we work out your loan rate by looking at things like your credit history, how much you want to borrow and your current needs, then tailoring it to you.
At Gem you can choose to pay weekly, fortnightly or monthly. Plus, there's no early repayment fee so you can make extra repayments whenever you like and pay your loan off sooner.
Let’s talk loan details
|Fixed rate||For the life of the loan|
|Loan amounts||From $2,000|
|Repayments||Weekly, fortnightly, or monthly|
|Loan terms||6 months - 7 years|
|No early repayment fees||Pay your loan off sooner, at no extra charge!|
How to apply
- Check your eligibility and complete your application
- Provide any required documents such as payslips and identification
- Securely accept your contract online
- Within 24 hours of your contract acceptance the money should be in your account
- Be 18 years or over
- Be a permanent NZ resident
- Be earning a stable income
Frequently asked questions
About my Gem Personal Loan
Application and approval
Fees, charges and interest
^Rates range from 8.99% to 22.99% fixed p.a. for unsecured personal loans and from 6.99% to 18.99% fixed p.a. for secured personal loans. Your interest rate depends on your personal circumstances and credit history. The interest rate and repayment amount remain the same for the life of the loan. And if you choose to pay your loan off sooner, we will not charge you an early repayment fee.
Credit and lending criteria, and fees apply including a $240 establishment fee.
Example: An unsecured Gem Personal Loan of $20,000 borrowed for three years with an interest rate of 8.99% fixed p.a. would equate to a total repayment amount of $22,933.80 (including a $240 establishment fee).