The following are the fees and costs you pay on personal loans and car loans:
| Administration fee |
What you’ll pay to cover the administration costs on your loan. $250 for a personal loan. $275 for a car loan. |
| Early repayment fee |
When you repay your loan in full early. $10. |
| Late payment fee |
If you don’t pay an amount when due under your loan. $35 per late payment. |
| Payment handling fee |
When a payment to your loan account is made in cash. $1.50 per payment. |
Personal loans and car loans are provided by GE Finance and Insurance trading as GE Money. Kiwibank may receive a commission for referring a personal loan or car loan to GE Money. GE Money’s lending criteria, terms and conditions, and fees apply. Fees effective as at 1 April 2013. Fees subject to change.