Lending Crowd Personal Loans

Lending Crowd is a New Zealand provider of peer-to-peer personal loans.

Logo of Lending Crowd, a fintech lending platform

Lending Crowd was launched in NZ in 2015. It’s a peer-to-peer lending provider that is part of Finance Direct, which offers loans from its own funds in addition to brokering loans from third-party financial institutions. Quick, easy and 100% online, Lending Crowd offers a hassle-free loan experience.

What personal loan options does Lending Crowd offer?

Here’s an overview of the loans offered by Lending Crowd:

  • Lending Crowd offers long-term personal loans from $2000 to $200,000. Loan terms can be either two, three or five years
  • Fixed interest rates start from 8.95%
  • There are no fees for early repayment

Lending Crowd has a three-tier fee structure to establish a loan: 

  • $2000 to $20,000: $200 fee
  • $20,050 to $50,000: $250 fee
  • $50,050 to $200,000: $300 fee

How do I apply for a Lending Crowd personal loan?

Lending Crowd’s business is 100% online, so to apply for a loan, simply visit the Lending Crowd website and click to begin the application process. By submitting your wage and credit rating details, you can obtain a quote in seconds. Typical pieces of information you may need to include in your application include:

  • Valid proof of identification, such as your passport or drivers licence
  • Proof of income
  • Your typical expenses such as rent/mortgage payments, household costs, insurance, etc
  • Any current outstanding debts

You’ll also need to meet the following requirements:

  • Be a person (i.e. not a company or other legal entity)
  • Be a New Zealand citizen with a valid NZ driver licence or NZ passport
  • Be over 18 years of age when applying

To find out how much you could afford to borrow, check out Canstar’s personal loan repayment calculator.

Compare Personal Loans with Canstar

Lending Crowd

Canstar Research
Rating:
Award: Outstanding Value Car Loan

Secured Personal Loan A1 5-Year Fixed

Car Loan

View the 2022 Personal Loans Star Ratings Report

Written by: Caitlin Bingham | Last updated: October 17, 2023