Question 1

Who is Pioneer Finance?

Pioneer Finance · Accepted Answer

Pioneer Finance is a New Zealand-owned and operated lender that has been helping Kiwis with finance for over three decades. They provide straightforward lending solutions for real-life needs, with a friendly local team focused on options that fit your goals and budget.

Question 2

What kinds of loans does Pioneer Finance offer?

Pioneer Finance · Accepted Answer

Pioneer Finance offers Personal Lending (Personal Loans, Car Loans, Debt Consolidation Loans, Holiday Loans, Home Improvement Loans, Wedding Loans, Bridging Finance) and Business Lending (Business Loans, Asset Purchase Finance, Cashflow Funding, Stock Purchasing Finance).

Question 3

Who can apply for a loan with Pioneer Finance?

Pioneer Finance · Accepted Answer

You can generally apply if you are over 18, are a New Zealand citizen, permanent resident, or hold a suitable work visa, have employment or a regular source of income, and can demonstrate affordability and verify your identity.

Question 4

How do I apply for a personal or business loan?

Pioneer Finance · Accepted Answer

You apply online via the Pioneer Finance website by completing a quick application form. The process is designed to take around 3 minutes and uses AI to provide a decision in under 60 seconds, with funds typically disbursed the same business day once documents are signed.

Question 5

Will getting a quote affect my credit score?

Pioneer Finance · Accepted Answer

Pioneer states that using the online quote or calculator to get an estimate won't affect your credit score.

Question 6

Can I get a personal loan with bad credit from Pioneer Finance?

Pioneer Finance · Accepted Answer

Yes, Pioneer Finance considers applications from people with less-than-perfect credit histories. They assess each application individually rather than relying solely on credit scores, looking at your current financial situation, income, and ability to repay. Providing security for your loan can significantly improve approval chances and may result in lower interest rates.

Question 7

What are the interest rates and fees?

Pioneer Finance · Accepted Answer

Pioneer Finance offers competitive fixed interest rates ranging from 9.95% to 22.95% per annum. The establishment fee is either $195 for standard loans or $375 for complex loans. There is also a monthly administration fee of $9. Pioneer Finance doesn't charge early repayment fees.

Question 8

How much can I borrow with a personal loan?

Pioneer Finance · Accepted Answer

Pioneer Finance offers personal loans from $2,000 to $200,000. The amount you can borrow depends on your individual circumstances, income, existing debts, credit history, and affordability.

Question 9

Are there early repayment fees?

Pioneer Finance · Accepted Answer

Pioneer Finance highlights 'No early repayment fee' for its fixed-rate loans, meaning you can repay whenever you like without an early repayment charge. On full prepayment, you must pay the remaining unpaid balance plus any legal and third-party costs (including break costs from funders) and security-release costs.

Question 10

Do I need collateral or security for a personal loan?

Pioneer Finance · Accepted Answer

Pioneer Finance offers both secured and unsecured personal loans. Unsecured loans don't require collateral and are approved based on creditworthiness, income, and financial situation. Secured loans require an asset as security (such as a vehicle) and typically offer lower interest rates.

Question 11

What if I'm experiencing financial hardship?

Pioneer Finance · Accepted Answer

A hardship variation is a formal change to your loan contract to help you through financial difficulty. It can include extending your loan term, temporarily postponing payments, or a combination of both. Contact Pioneer's customer support as soon as you anticipate or experience difficulty. Free financial counselling services are available: MoneyTalks (0800 345 123) or Citizens Advice Bureau (0800 367 222).

Frequently Asked Questions

Ready to get a loan decision in 60 seconds?

Frequently Asked Questions

Who is Pioneer Finance?

How long has Pioneer Finance been operating?

What are Pioneer Finance's core values?

Why do Kiwis choose Pioneer Finance?

What do customers say about Pioneer Finance?

What kinds of loans does Pioneer Finance offer?

What types of business purposes can be funded?

Who can apply for a loan with Pioneer Finance?

How do I apply for a personal or business loan?

Will getting a quote affect my credit score?

What checks will Pioneer complete on my application?

What age do you have to be to get a personal loan with Pioneer Finance?

Can I get a personal loan with bad credit from Pioneer Finance?

What documents and information do I need to apply for a personal loan with Pioneer Finance?

Do I need collateral or security for a personal loan with Pioneer Finance?

What's the difference between a secured and unsecured personal loan at Pioneer Finance?

Can I get a personal loan secured against my house with Pioneer Finance?

What loan interest rates and fees are there for Pioneer Finance?

How much does a personal loan cost per month?

How much can I borrow with a personal loan in New Zealand?

Should I get a personal loan or use a credit card?

Personal loan vs car loan - which should I choose for buying a vehicle?

What happens if I repay the loan in full early?

Are there early repayment fees on regular extra payments?

What happens if I miss a repayment or fall into default?

How is default interest calculated?

What default fees might be charged?

What security can be used for business loans or asset finance?

How often can I make repayments?

How will I receive statements?

Is there a mobile app or online access?

What is a hardship variation?

When can I apply for a hardship variation?

How do I apply for hardship support?

How long will it take to get a hardship decision?

Are there external support services available?

How do I make a complaint to Pioneer Finance?

What is the internal complaint process and timeframe?

What if I'm not satisfied with the complaint outcome?

How do I contact Pioneer Finance?

Ready to get a loan decision in 60 seconds?