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

Establishment fee

What you’ll pay to cover the administration costs on your loan.

$240 for a personal loan.

$240 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 Latitude Financial Services Limited (“Latitude”). Kiwibank receives a commission for referring a personal loan to Latitude. Latitude’s lending criteria, terms and conditions, and fees apply. Rates and fees are effective as of 26 November 2015 and are subject to change.