You must be at least 18, a NZ citizen, permanent resident, or valid visa holder, and have a regular verifiable income.
No cost to apply or receive a decision. If your loan proceeds, we may earn a commission from the lender. Lenders may also charge an Establishment Fee. All costs are disclosed upfront before you commit.
Yes, where total income is regular and sufficient to service the repayments. The assessment focuses on affordability within your total income and existing commitments.
No. Apply first and we will confirm exactly what is needed at each stage.
Yes. Nomu Finance Limited (FSP1011169) is registered on the Financial Service Providers Register and holds a FAP licence issued by the FMA. Verify at fsp-register.companiesoffice.govt.nz.
Secured loans up to $100,000. Unsecured personal loans generally up to $75,000. Terms from 1 to 7 years. The actual amount depends on income, expenses, existing commitments, and credit history.
Photo ID (driver's licence or passport), three months of bank statements for all active accounts, and proof of income (payslips, employment letter, or IR3 summary of earnings if self-employed). A Kiwi Access Card is not accepted as primary ID.
We review your application, match you with suitable lenders, and submit on your behalf. We'll keep you updated by SMS and email throughout, or get in contact by phone, email, or WhatsApp.
The application takes about 5 minutes. Once documents are received we review and submit to lenders as soon as possible. Funds are usually available within 24 hours of approval. Applications are not processed on Sundays or public holidays.
A joint application includes both applicants' income and commitments. Whether this increases the approved amount depends on the combined net surplus and the creditworthiness of both applicants. In many cases the primary borrower's credit profile carries the most weight in the assessment.
Yes possibly, where missed payments are isolated or defaults are no longer active, and current income and affordability are sufficient. Each application is reviewed individually. If you have multiple active defaults, speaking with a free financial mentor at moneytalks.co.nz first may be more useful.
Yes. Provide an IR3 Summary of Earnings from myIR or a statement from a registered accountant.
An IR3 Summary of Earnings from myIR or a statement from a registered accountant, supported by three months of bank statements.
It may. Lenders reflect risk in their pricing. The actual rate depends on your individual circumstances and lender matched.
Vehicles, debt consolidation, home improvements, medical and dental costs, holidays, life events, or family emergencies. Any lawful purpose, provided the loan is affordable.
One new loan pays off multiple existing debts. Instead of several payments at different rates and dates, you make one regular repayment.
Any health-related cost - specialist consultations, surgery, dental treatment, fertility support, rehabilitation, optical, hearing, or other health expenses. Funds are paid to your account.
Yes. Holiday loans may be used for flights, accommodation, tours, cruises, family visits, and other travel-related expenses.
A secured loan uses an asset as security - generally a lower rate and up to $100,000. An unsecured loan requires no asset - generally a higher rate and up to $75,000. Nomu offers both.
Cars, utes, SUVs, motorcycles, scooters, boats, jet skis, caravans, motorhomes, and campervans - new or used, dealer or private sale. Loans can also cover repairs or modifications.
Yes. All lenders on our panel fund private sales. You will need a sale and purchase agreement - we have a template available.
Yes. We can assess a maximum lending amount before you find a vehicle. Pre-approval is subject to the vehicle meeting lender criteria.
Not always, but it can help - particularly at the higher end of your budget. Some lenders may require one where the loan-to-value is tight.
The Personal Properties Security Register records finance registered against a vehicle. Buying a vehicle with undisclosed existing finance means that debt may follow the vehicle to you. Check ppsr.companiesoffice.govt.nz before buying privately.
Yes. Finance may be available for both new and used caravans, subject to lender criteria relating to age, value, condition, and intended use.
Finance may be available for a wide range of motorcycles, including sports bikes, cruisers, touring bikes, adventure bikes, dirt bikes, mopeds, and learner-approved motorcycles, subject to lender criteria.
Finance may be available for a wide range of marine craft, including trailer boats, runabouts, fishing boats, sailing boats, pleasure craft, jet skis, outboards, trailer upgrades, marine repairs, and refurbishments, subject to lender criteria.
Not always. Whether a deposit is required depends on factors such as the caravan's value, age, loan amount, and lender requirements.
Yes. Many lenders can finance motorcycles purchased from private sellers. You'll typically need a signed sale and purchase agreement and comprehensive insurance with the lender noted as an interested party. We have a sale and purchase agreement template available and can work directly with the seller to help collect the required information.
Mechanical Breakdown Insurance helps cover the cost of certain unexpected mechanical and electrical failures after the manufacturer's warranty has expired. Cover varies by policy, vehicle age, and claim type. Refer to the policy wording for full details of cover, exclusions, and limits.
Comprehensive vehicle insurance generally covers events such as accidents, theft, fire, and damage. Mechanical Breakdown Insurance is designed to help cover certain unexpected mechanical and electrical failures that occur during normal vehicle use. They cover different risks and many vehicle owners choose to hold both.
Loan Protection Insurance may help cover your loan repayments if you are unable to work due to specified events such as illness, injury, disability, or involuntary unemployment. Cover, waiting periods, exclusions, and benefit limits vary by policy.
Payment Protection Insurance is designed to help meet your repayment obligations if a covered event affects your ability to make payments. The level of cover, benefit period, exclusions, and eligibility requirements depend on the policy selected.
Comprehensive insurance is usually required by lenders on secured vehicle loans. Mechanical Breakdown Insurance, Loan Protection Insurance, and Payment Protection Insurance are generally optional products. Any insurance selected and its cost will be fully disclosed before you procee
Most lenders use direct debit - weekly, fortnightly, or monthly. You can choose your repayment frequency and start date, which is typically aligned to your pay cycle. Your adviser will confirm the details when your loan is approved
Contact your lender as soon as possible. Lenders must consider hardship applications under the CCCFA. Options may include a payment holiday or restructured schedule. Free support is available at moneytalks.co.nz or 0800 345 123.
Lenders deduct existing repayments and living costs from your net income. The remaining surplus determines the maximum repayment they can approve, from which the loan amount is calculated.
This depends on your lender. Some allow extra payments at any time, others may charge a small proceesing fee. Check your loan contract.
Contact your lender as soon as possible - ideally before the payment is due. Most lenders can work with you if you communicate early. Missed payments without notice may result in default fees and a negative credit file impact.
We are a licensed financial advice provider working across a panel of NZ lenders. Complete one application and our technology identifies which lenders suit your circumstances. One application, no multiple credit enquiries, no guesswork
Nomu stands for "No More Uncertainty". Most people don't know which lender to approach or what options may be available. We help simplify the process with one application and a team that does the legwork for you.
Nomu is based in Kohimarama, Auckland, and proudly serves customers throughout New Zealand. While our team is locally based, our digital application process allows us to help customers nationwide.
No cost to apply or get a decision. If your loan proceeds, Nomu charges an Introducer Fee and may also receive a commission from the lender. All costs are disclosed upfront