Acorn Finance has been giving New Zealanders a helping hand with unsecured cash loans up to $1000 for more than 10 years. We pride ourselves on our reputation of competitive interest rates, flexible terms and friendly service. Since no collateral is required for an unsecured loan the application process with Acorn Finance is especially quick and easy. Usual loan application criteria apply, i.e. you must be over 18 years of age, a citizen or permanent resident and working full-time. You must also show us 8 weeks of full current bank statements and a proof of address.
At a fixed interest rate of 49.5% per annum and with the loan establishment fee of $86.00, and a monthly admin fee of $6.10, a $1000 loan would be fully repaid in just 6 months with weekly repayments of $50. Similarly, a loan of $500 would be fully repaid in just 3 months with weekly repayments of $50. Repayment schedules are tailored to suit individual needs according to pay frequency and typically instalments are made weekly, fortnightly or monthly. Instalments are deducted automatically from your bank account on the night you get paid which takes the stress and worry out of the loan repayment process.
There are many reasons that people find themselves in a tight spot financially. It might be an unexpected medical or dental bill, a car in need of repair, or a special family celebration. At times like these the criteria for an unsecured cash loan from a conventional lending institution can be just too time consuming and complicated. These are the exact types of situations in which Acorn Finance will continue to help people out with an unsecured cash loan between $500 and $1000.