Rating based on 31 reviews

The Lending Room

  • Short-term loans up to $25,000
  • Repayment terms are flexible
  • Repayment up to 5 years

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The Lending Room homepage
Author The Lending Room. Screenshot of The Lending Room website.
[Accessed April 17, 2018]

The Lending Room - Fast online loans

The Lending Room has been offering great service to the community of New Zealand.

We have gone out of our way to ensure that everyone who comes asking for a loan receives it and gets great financial advice from our consultants as well. Our short-term loan specialists are just a phone call away should you have any queries about your loan application.

A loan for every occasion

Whatever you need to do can be done when your peer-to-peer loan has been approved at The Lending Room. We have personal loans for any occasion. If you want to fix your car or go on an unplanned vacation, our loan options can help.

We will not ask you a number of questions as to why you need credit and what do you intend on doing with it. We believe we are dealing with mature people who will never ask for a loan to misuse it.

The Lending Room loan calculator

The loan calculator is often an estimated amount of what you will be paying for a certain figure you have applied for. It is advisable that clients do this estimation so they have an idea of how much money they will be paying and for how long.

Furthermore, the longer you extend the duration of your quick loan, the more money you will pay but with lesser interest. However, the shorter the period chosen, the higher the interest. A client will then pick a payment plan that is suitable for his budget and his affordability.

The Lending Room Services

The great thing about Lending Room is that we do not specify criteria as far as your loan application is concerned.

We look at your affordability and whether you in the right financial state to afford a loan at the moment. Furthermore, we look at your credit record and how you have been paying your expenses.

What ID do I need to apply?

The ID that we need will depend on each loan application as it differs from one client to the next. However, we usually require your identification book, driver’s license and passport.

Every copy that we require of your identity is strictly confidential and we will never give your information to anyone else or use it for any purpose other than that of your short term loan application.

The Lending Room loan application

Clients need to fill an online loan application where they have to tell us a bit about themselves.

We don’t really ask a lot of questions, however, we do want to know their credentials, where they live, where they work, how much they earn and when they get paid.

Such information is necessary so that we can gather who we dealing with exactly.

The Lending Room – Short-term loan

  • Loan Type Short-term loans
  • Loan Amount up to $25,000
  • Repayment 6 months to 5 years

Benefits of The Lending Room

  • Loans for people with bad credit
  • Affordable loans
  • Easy loan application

Short-term 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.

The Lending Room - Secured short-term loans

Bad credit is not a problem, however, if you have unpaid defaults, that might not work in your favour.

What you will need to do if you still want to be considered for a loan is to get some kind of security such as a car or a house to be used as collateral.

What are the requirements needed to get a loan?

Most clients think they have to meet a great load of necessities to get an instant cash loan. However, we are just looking for basic needs that can be met by anybody. For starters, the client needs to be 18 years or older. The client needs to be working and should earn a salary on a constant basis. They need to be citizens of New Zealand or have permanent residency in New Zealand.

Customer testimonials and reviews

We have a number of clients we have helped with our online loan services and they have nothing but great things to say. The last thing we want is to have clients feel like they can’t count on us when they are in a tight financial spot. What we are always striving to do is to help our customers get the best credit deals that are not only affordable but also practical.

Our loan application is the easiest process and can be done by anybody, both young and old. We don’t want to have the older people saying we have made the application process to be complicated and the younger generation saying it is so “cool”. We have accommodated every age group.

What if I miss a payment?

We know that things tend to be difficult at times and clients may fail to make their loan payments on time. We are not really worried about that, we expect them to inform us in time. By doing this, we may be able to make the necessary changes on their direct debit.

If they don’t tell us and the day of the payment comes and we find that there are insufficient funds in their bank account, we will deem it as a missed payment. If it continues, the customer will eventually have a bad credit rating. It is best to inform us if you face any obstacles that prevent you from paying your loan on time.

Can I pay my loan early?

We encourage our clients to pay their short-term loans earlier than the scheduled date if they can without incurring any fees.

Customer Reviews & Testimonials

They have amazing service which has been the main reason I will always take a loan with them.

Kimberly N
— Auckland —

Your advertising does you justice you are very open with all of your customers and you do not lie or try and make money out of anyone that is why we have chosen you.

Joan O
— Wellington —

I got my loan and that is the happiest I have been to know that the application takes a few minutes and you get your answer.

Sally L
— Christchurch —

The Lending Room Contact

Physical Address

Postal Address

  • PO Box 90339, Auckland, 1142, New Zealand

Opening Hours

  • Monday 08:30 – 17:30
  • Tuesday 08:30 – 17:30
  • Wednesday 08:30 – 17:30
  • Thursday 08:30 – 17:30
  • Friday 08:30 – 17:30
  • Saturday Closed –
  • Sunday Closed –