Write a list of:
There are a few methods of paying off debt, so the trick is to find the one that works for you. This is usually the way to go.
If the amount you’ve set aside in your budget doesn’t cover all your minimum repayments, it might help to:
Here's some stuff that can help:
Debt doesn't always have to be a dirty word. There’ll be times in your life when you’ll need to borrow in order to achieve your goals, like buying a house. Knowing when it’s okay to go into debt, and what types of borrowing are available to you, is really important. Check out our Guide to debt for all the types of lending we can help with.
This is intended as general information only. It does not take into account your financial situation and goals and is not personal advice. For advice about your particular circumstances please see a financial adviser, or make an appointment with a Kiwibank Wealth Adviser.
Kiwibank lending criteria and credit limits apply. This offer is not available on existing Kiwibank credit card balances or for transfers to any Kiwibank business credit cards. Interest will be charged on the amount you transfer from the date the transfer is processed. After 6 months your balance transfer will be treated as a purchase and our standard interest rate for purchases will apply. That rate will also apply to any new purchases you make on your card. Standard interest rates are subject to change. If you have more than one balance transfer, payments applied to balance transfers will be applied to the balance transfer with the lowest interest rate first. You must transfer a minimum balance of at least $200 from another bank credit or store card.
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.