Rating based on 37 reviews


  • Loans bad credit up to $500
  • Low-interest up to 49%
  • Repayment up to 31 days

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Author SMART CASH. Screenshot of SMART CASH website.
[Accessed April 17, 2018]

Smart Cash - Quick bad credit loans

Smart Cash is the smartest way to get the cash you need as quickly as possible. We specialize in online loans. Apply online for a loan between $100 and $500 for up to 31 days.

The payment will be debited directly from your account in one payment on your next payday. Smart cash is a proudly New Zealand owned company and we offer the lowest interest rates and the lowest fees.

Smart Cash is a much more affordable loan option

Smart Cash offers bad credit loans with an interest rate of as little as 0.99% per day. We charge a once of establishment fee of $25. The application process is quick and easy.

Complete the online application form and receive an outcome almost immediately. If your loan is approved the funds will be transferred to your account on the very same day for a small fee of only $10.

The requirements to qualify for a short-term loan

  • You must be at least 18 years old
  • You must be a resident of New Zealand
  • You must have steady employment for at least the last 3 months
  • You must earn at least $400 per week after tax
  • You must have a New Zealand bank account in your name
  • You must provide an active e-mail address
  • Provide a working mobile telephone number
  • Provide 3 months bank statements

If you have any current loans that are outstanding we won’t be able to assist you with a loan. You will need to complete the online loan application form and consent to a credit check. During the verification process, we will need to contact your employer to confirm employment and your salary details.


A bad credit score makes it very difficult to obtain a fast cash loan from traditional lenders. We believe that your past financial mistakes shouldn’t haunt you forever and stop you from obtaining a loan when you really need one.

Apply for a bad credit loan in 5 easy steps

  1. Complete the online loan application and sign that you consent to a credit check using the secure electronic signature.
  2. Check your email. You will receive an e-mail with your copy of the loan contract. You will receive a 2nd e-mail asking you to confirm your e-mail address.
  3. You will need to send us a copy of your past 2 month’s bank statements. We will run a credit check and contact your employer to confirm your employment.
  4. We will send you the outcome of your loan application via e-mail within 60 minutes. Sign the agreement and send it back to us.
  5. The money will be transferred directly into your account

If you are a returning customer it will be even easier to obtain a loan in the future. Once you prove that you can make your payments on time you may qualify to borrow more in the future.

Online payday loans

A payday loan is a loan that needs to be repaid by your next pay date. The payment is debited directly from your account. These loans are unsecured loans, but in fact, they are secured by your salary as the money will be repaid automatically.

A bad credit loan is perfect for when you need extra cash to make it until payday. The only disadvantage is that you need to pay the full amount back on your next payday.

This can sometimes push you deeper into debt if you were already struggling in the first place.

SMART CASH – Bad credit loan

  • Loan Type Loans bad credit
  • Interest Rate 49%
  • Loan Amount up to $500
  • Repayment 31 days

Benefits of SMART CASH

  • Interest rates are lower
  • Fast payout
  • Easy loan application

Bad credit loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

Smart Cash - Affordable bad credit loans

Understanding your credit report is very important as every time you apply for a loan for bad credit or open an account your credit history will be checked. In New Zealand, there are 3 different companies that you can contact to get a free credit report.

For a free credit report, contact one of the following:

  • Centrix
  • Dun and Bradstreet
  • Equifax

Your credit report will contain information on your payment history for credit cards, mortgages; car financing, hire purchase or any outstanding debt and defaults as well as the information on your bills such as electricity, gas and your phone are also listed.

Checking your credit score will not negatively impact your credit score and any errors that you find should be reported so that they can be rectified.

Negative defaults are long-term

If you default on a payment it will be recorded in your credit report and even if you have settled the loan it will remain on your credit report for up to 5 years.

What is considered as a bad credit score

A credit score is a number that is given to you according to how risky it would be to grant you a loan. A score that is below 450 out of 1000 is considered as a bad credit score. If your score is above 600 then your short-term loan application will usually be approved without a problem. Contact us for a Smart Cash loan today so that we can help all your financial problems go away.

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SMART CASH is a trusted & reliable provider of loans bad credit

In our review, SMART CASH adheres to the compliance criteria in accordance with the Credit Contracts and Consumer Finance Act 2003, where the granting the loan will not cause financial distress to the consumer.

SMART CASH is a registered credit provider in New Zealand: FSPFSP 241185

Customer Reviews & Testimonials

Within five easy steps, you can have the finance that you need. Smart Cash does not discriminate against their customers and gives everyone the fair chance to get the money that they deserve.

Gerry D
— Napier —

The best thing for me about Smart Cash is their online loan option. I do not have the time to make my way to the bank so being able to handle everything over the phone or internet is amazing!

Laura B
— Greymouth —

Thanks Smart Cash for offering such amazing products and service! You guys truly surprised me and I will definitely make use of your services again in the future.

Peter F
— New Plymouth —


Physical Address

Postal Address

  • PO Box 9168, Auckland, 1149, New Zealand

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday Closed –
  • Sunday Closed –