Debt consolidation loans secured from 7.90% p.a.*

Bundle all your debts into one monthly repayment with a Unity debt consolidation loan. 100% online application.

Debt consolidation loans secured from 7.90% p.a.*

Bundle all your debts into one monthly repayment with a Unity debt consolidation loan. 100% online application.

Select a loan that suits you

secured loans from
7.90% p.a.*

Minimum $2,000 - maximum $60,000. Affordability and credit score criteria apply.

unsecured loans from
8.90% p.a.* 

Minimum $2,000 - maximum $60,000. Affordability and credit score criteria apply.

                    

From 1 December 2021, our lending process will look a little different as we comply with new lending laws. This means the way we assess loans has changed, and we’ll take a few extra steps to make sure a loan is both suitable and affordable for you. You can download information on these changes here.                                                 

Loan details

Loan value

$2K - $60K

Loan term

6 months - 7 years

Interest rates

7.90 - 25.90% p.a.

Approval fee

$200

What is debt consolidation?

Debt consolidation rolls all of your outstanding credit cards, hire purchases, and other debts into a single loan. No more hassle. No more stress. Just a single, easy-to-manage repayment, often with a lower interest rate. The sooner you consolidate your debts, the sooner you could start saving money. 

Looking to apply? At Unity we don’t just focus on how the numbers look on paper, we listen to you. We can take the stress out of your debt by reducing monthly repayments and helping you to pay it off quicker. With your debts sorted, you'll be free to investsave, or just relax and live your best financial life.

                                      

When applying for a loan it's important to consider all of the costs involved. Below is an example of the total costs included over the term of a secured vehicle loan:

Personal borrowing

$20,000
+

Approval fee

$200
+

Third-party charges

$29.44
=

Total borrowed

$20,229.44

Set up over a term of 7 years (366 weeks) at 7.9% p.a. interest = weekly repayments of $72.05.

This example is calculated using a floating [secured] rate of 7.9% p.a. over a 7 year term. Total cost of borrowing over the term of this loan would be $26,387.13 (indicative only). This example is not an offer from Unity.  The amount you can borrow, loan term, interest rate and your repayments will vary depending on your personal circumstances. Secured floating interest rates from 7.90%p.a. to 24.90% p.a. Terms and conditions and responsible lending criteria apply. Once funded a $200 approval fee and other fees will apply. Click here to view all rates and fees.

Ready to see what you can borrow?

Use our lending calculator and apply online for finance today. 


Personal finance rates

Our interest rates are priced using a risk matrix that takes into consideration a range of factors including an individual's credit score and affordability. Based on the assessment of an individual's financial information provided we will assign a risk grade and the corresponding interest rate could apply.

 

Secured loan

Unsecured loan

GradeInterest rate p.a.^Interest rate p.a.^
Orange A 7.90% 8.90%
Orange B 9.90% 10.90%
Yellow A 11.90% 12.90%
Yellow B 13.90% 14.90%
Green A 15.90% 16.90%
Green B 18.90% 19.90%
Blue A 21.90% 22.90%
Blue B 24.90% 25.90%

^Note: These interest rates are indicative only and may be subject to change without notice.
As published on interest.co.nz as at 29 September 2021.

View our interest rates and fees here. For information on our loan agreements and terms and conditions click here.


Helpful guides and information

What is debt consolidation and how does it work?

What is debt consolidation, and how does it work?

Debt consolidation sees you combining all your existing debts into a single loan. It makes managing your debts that much easier. Read on to find out how the process works.

Read More...

What are the benefits of debt consolidation?

What are the benefits of debt consolidation?

Whether it’s finance for a new cara holiday, or renovations, debt adds up fast. Have you considered debt consolidation? Click through to learn more about the benefits.

Read More...

What sorts of debts can I consolidate?

What sorts of debts can I consolidate?

Credit cards? Hire purchases? Secured or unsecured personal loans? Click through to find out what debts you can - and can't - consolidate with a debt consolidation loan.

Read More...

How does consolidating loans affect my credit?

How does consolidation affect my credit?

Will debt consolidation negatively affect your credit score? Or is this nothing more than a financial myth? Read on to find out how it might actually improve your credit. 

Read More...

Blogs & guides

Looking for more info? Check out our other guides.