NZCU Baywide has been rated at the top “outstanding value” lenders of secured and unsecured personal loans.
General manager sales, marketing and channels Andrew Quayle said the two five star outstanding value ratings provide existing and new customers with the confidence that their loan products are best practice.
“Our approach to personal lending is simple; it’s about making it easier for borrowers and where possible offering a lower interest rate than a lot of competing banks and credit/store cards."
The awards are given out by Canstar. The Secured Loan category rated finance products for the purchase of a car and are available for the loan amount of $20,000 over a five-year term. Unsecured loans of $10,000 over a three-year loan term were rated for either debt consolidation (including loans exclusively for debt) or holidays.
Canstar tested 30 loan products from 10 providers.
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