WHAT IS BENEFICIARY LOANS?
You’ve probably heard the term, ‘beneficiary loan’ before. But what exactly is a beneficiary loan in NZ? It’s pretty simple to our payday loan services, but put simply, they’re for someone who is on benefits — and these benefits are received on a weekly or monthly basis.
If you need money quicker than you’re receiving benefits, then a beneficiary loan is for you. The reasons for needing a loan payment quicker than a benefit payment are many. Bills pile up. Bills are unexpected. It’s just a fact of life whether you’re on benefits or not. That’s why PPL is here, to offer a fantastic service to those truly in need of financial assistance, regardless of personal circumstances.
See how much you qualify for by applying today. All we need is a few simple details, as well as a bank statement.