ANZ - ANZ Debt Consolidation Loan

Looking for a smarter way to manage your debt? Choose an ANZ Debt Consolidation Loan! Offering one of the lowest interest rates on the market, this loan option will help you to pay off your debt faster and get your finances under control. Check out our Debt Consolidation Calculator to see how much you could save.

How it works

Consolidate all your debts into one loan. You pay a fixed interest rate for the term of your loan, which means you always know exactly what your repayments are.

Product information

Eligibility criteria

Manage your loan online

Loan purpose

Consolidate all your debts - whether you owe money on your credit card, store card or hire purchases or you have an overdraft or other personal loan.

Interest rate

You pay a fixed interest rate for the term of your loan, which means you always know exactly what your repayments are.

What's more, with ANZ's great low interest rate, you could save money too!

View current fixed interest rate*

Loan approval fee

$250

Loan amount

You can apply to borrow any amount from $3,000.

Flexible loan term

Structure your loan to suit your needs, with repayment terms ranging from one to seven years.

Repayment frequency

Choose weekly, fortnightly or monthly payments to suit your budget.

Extra repayments

You can make extra loan payments any time at no extra cost.

Early repayment

If you'd like to pay off your loan in full, visit any ANZ branch or phone us - we'll be happy to help.**

Loan protection insurance

Loan protection insurance gives you the reassurance of knowing that your minimum loan payments will be covered if you:

are made redundant
are declared bankrupt
are unable to work because of disability
die (maximum of $50,000 paid).

For help working out the premium and loan repayments for your loan protection insurance:

Calculator icon ANZ Personal Loan Repayment Calculator

Access

You can manage your loan via:

You can view your loan balance via:

ANZ Mobile Phone Banking

* Interest rates are subject to change.

** Note you may have to pay an early repayment fee.

To apply for an ANZ Debt Consolidation Loan:

you must be over 18 years old
you must be a permanent New Zealand resident
no more than two people can apply jointly
you must apply for $3,000 or more. If you'd like to borrow less than this, an ANZ credit card may suit you better.

Application criteria

If your wage/salary has been deposited into an ANZ bank account in the last three months, we'll verify your income from your account information.

If not, we'll need to see one of the following:

one payslip, dated within the last four weeks, showing year-to-date figures
one payslip, dated within the last four weeks, showing your annual base income
a letter from your employer on their letterhead, dated within the last four weeks, confirming your annual income and employment type (eg full or part time)
for the self-employed, copies of your last two years' balance sheets/annual accounts and profit and loss statements and copies of your personal tax return.

If you have other income (eg rent, dividends) please contact us to discuss your particular requirements.

If you're applying online, we'll phone you when we receive your application to discuss the easiest way for you to provide proof of income information.

View loan details

Select your loan account in ANZ Internet Banking and you'll be able to see: