The following are the fees and costs you pay on personal loans and car loans:
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.
|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.