What is a personal loan?

A personal loan is finance for just about anything you like. The basics work in the same way a vehicle loan works – we loan you money to take care of whatever you need to take care of, then we figure out a repayment plan that works for you. These repayments are made up of both principal (the amount you borrowed) and interest (the cost of borrowing money) and are paid back over 12 months, 24 months or whatever suits your situation.

Where it differs from a vehicle loan is that generally, a vehicle loan is secured against the vehicle or another asset. A personal loan on the other hand can be unsecured, which means the interest rate is usually a little higher, but you don’t need to front up with an asset for collateral. Don’t worry if it all sounds a little confusing - our team can sit down and figure out the best option for you.

What can I get a personal loan for?

That’s completely up to you. Most people get personal loans for things like home renovation projects, travel, education or weddings. But they’re also helpful for unforeseen expenses such as medical, dentistry and vet bills, broken appliances or emergencies. In fact, one of the more common uses for personal loans is simplifying debt, where we roll all your existing debts into one manageable loan, saving you time and money along the way.

"These guys can sort you a loan for just about anything."

Guardian Guy
Guardian Guy and the team at MTF Finance

The local lending specialists at MTF Finance will get you sorted with a loan that's right for you.

Why choose MTF Finance for a personal loan?

Whatever you need extra cash for, if it’s important to you, it’s important to us. As your local lending experts, we’re committed to great advice, responsible lending and friendly, Kiwi service. Here are just some of the reasons customers keep coming back to MTF Finance:

✔️ Trusted since 1970

We’ve been helping Kiwis do more for over 50 years. And with a Trustpilot score of 4.9 / 5, you can count on us to tailor a loan that’s right for you.

✔️ Same-day approval

We work hard to get your loan approved the same day you apply. From there, you’ll usually have the money in your account just 24 hours later.

✔️ Deal with one person

We’re big into making life easy. So from the moment you apply to the final handshake, you’ll deal with the same friendly MTF Finance team member.

Need some cash to do more? Whatever thing you need a loan for, if it’s important to you it’s important to us. Let’s work it out, together. Talk to your local MTF Finance office today.