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  • Loan only suitable for short-term needs. Not suitable for long-term or regular borrowing. By starting a new application you are agreeing to our Terms and Conditions

HOW IT WORKS

Apply online, from anywhere, at anytime.

Fast application

Our quick and easy online application takes 2 minutes. Fill it in. Upload a recent bank statement. Hit apply!

Fast approval

Once approved, we’ll email your agreements. Have a read and agree to the terms online.

Fast money

The cash will be in your account within two hours of finalisation*.
Loan only suitable for short-term needs. Not suitable for long-term or regular borrowing.
*Please note: This will depend on your banking institution. Applications finalised after 8:00pm (NZST) will receive funds by the next morning.

CALCULATE YOUR LOAN

See how much you qualify for today!

Loan only suitable for short-term needs. Not suitable for long-term or regular borrowing.
Please note: For simplicity, we have created this repayment example using a minimum and maximum term of 62 days and over 3 fortnightly repayments. To get a more accurate reflection of what a PPL loan may cost you, simply complete an obligation-free application today.
Percentage rate: Your PPL loan will incur a 1% daily interest charge, which will be added throughout your loan’s duration. However, as an expressed Annual Percentage Rate (APR), this will calculate to be 365%, which may seem high, but because our loans are only a short-term solution, our customers find our rates quite reasonable, especially when compared to other lenders in the industry.

FAQs

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Who is PPL?

Helping Kiwis all over New Zealand, PPL is the specialist in short-term cash advances up to $1000. Unexpected bills? Short on cash this month or in need of a short-term financial boost? We’re here to help! What separates us from others in the industry is not only our competitive rates, but our quick and easy application process which means we can get the funds to you on the same day. We always encourage our clients to only borrow when they need to, and to always borrow what they can repay. We will always do our best to help our clients in every situation by considering all applications and giving everyone a fair go. The PPL motto is to always treat everyone with the same respect and trust, regardless of their personal or other circumstances.

What's the cost of a loan?

A PPL loan has an establishment fee of $64 which covers the creation and management of your loan and 1% per day interest is charged throughout the life of the loan. First-time clients will also have a once-off account set-up fee of $24. The AIR (Annual Interest Rate) is 365% p.a. which seems high, however because our loans are a short-term solution our customers find our rates quite reasonable, especially when compared to other lenders in the industry.

What happens if I miss a repayment?

Here at PPL, we understand that sometimes unexpected things happen and therefore we do not charge default interest or negatively affect your credit rating. We only charge a default fee of $13.00 and the term of the loan is then extended to accommodate for the extra fee and interest. We may attempt a lesser amount on the subsequent payment to ensure payment clears. It’s always best to contact us prior to a payment failing to change or postpone a payment or at the very least once a payment has failed. Remember, we are here to help, not make things worse.

If we are unable to contact you via our collection practices, you may be referred to an external debt collection agency. Additional fees may be applicable once the debt is handed over.