Frequently Asked Questions about Finance

Frequently Asked Questions about Turners Finance

Does Turners offer finance?

Turners Finance offers competitively priced loans from as little as no deposit.

Find out more about Turners Finance.

How do I get finance?

Getting personal finance through Turners is quick and easy. You can get finance at any of our branches, or through this website. Apply for Personal Finance now.  Or give us a call on 0800 887 637 if you have any questions.

What can I borrow money for?

As well as cars, you can use Turners Finance to pay for other things like holidays, renovations and debt consolidation.
Find out more about Turners Finance.

Can I get a loan if I’m on a benefit?

Yes, all our loans are assessed for affordability which looks at income against outgoings and what is leftover as the surplus.

How much can I borrow?

The amount you can borrow will depend on your circumstances. Our Turners Finance consultants can help you decide what is affordable for you.  Use our Loan Calculator to find out how much your repayments will be.   Contact your nearest Turners branch  to talk to our Turners Finance team or give us a call on 0800 887 637 if you have any questions.

How much deposit do I need?

Turners Finance can offer finance from no deposit – though conditions do apply.

Can I get a loan if I’ve got bad credit?

We will need you to apply for finance so we can assess the level of bad credit. Sometimes it’s not as bad as you think but we do need to have a look before giving you an answer.

How much will the repayments be?

We have a handy calculator that will show you how much you can borrow and what your repayments will be. Try it now.

Can I get a loan on a learner licence?

While we do prefer a Restricted or Full licence, it is best to talk directly with one our finance experts so we can get a better understanding of your situation and how we can help.

Can I get a loan if my dad/mum puts their name down too?

We would like to ask why you have asked this question. If you have submitted an application we would process it based on your details alone. If this does not approve we would look at the option of a parent as a guarantor. Best to talk directly to one of our finance experts.

Can I get a loan if I’m on a visitor’s visa?

No. You do need to provide a confirmation of stable income to service the loan. For this, you would need to have the correct visa to legally be working in NZ.

Can I get a loan on an international licence?

While we do prefer a Restricted or Full NZ licence, it is best to talk directly with one our finance experts so we can get a better understanding of your situation and how we can help.

What are the rates?

Our interest rates are risk related. Once you have completed an application we can let you know what your rate would be. Our costs of borrowing are available here which explains the rates in more detail.

Can I get a loan if I don’t have a job?

While a job is not a requirement, a stable income would be required to be able to comfortably service the repayments of a loan. It is best to speak directly to one of our finance experts so we can get a better understanding of your situation and how we can help.

How long will finance approval take?

If you submit an online application, we usually allow 24 hours. If you come into one of our branches and complete the application in person, about 10-15 minutes from the time you sit in with one our consultants.

Can I get a loan if I’m on a student visa?

Depends on your income whether you can service a loan or not, it is best to talk directly with one our finance experts so we can get a better understanding of your situation and how we can help.

Can I get a loan if I’m already paying off one?

Depends on your income whether you can service another loan or not, it is best to talk directly with one our finance experts so we can get a better understanding of your situation and how we can help

What if something happens and I can’t afford my repayments anymore?

We offer Payment Waiver – this is a small fee that covers you if you are no longer able to afford your loan repayments.   To find out more about our Payment Waiver Insurance, please call us on 0800 TURNERS (0800 887 637) to talk to one of our friendly staff.