Frequently asked questions

You can use a loan to buy a range of things.

• Buying a motor vehicle, whether it's a car, motorcycle, van or truck

• Buying motorised leisure assets, like a boat, jetski, caravan or motorhome

• Home improvements

• Debt consolidation

• Big purchases, like a trip of a lifetime or a wedding

• Business equipment, like yellow goods;

• And more....

Talk with our loan experts about your plans, to see if we can help realise your goals.

You can view the fee schedules, rates and terms for Simplify loans on our website here Fees and Charges.

Depending on your individual circumstances this can vary. The lender will determine the rate when completing your loan assessment.  It is our job to negotiate the best terms available to you, so you don’t have to.  An indicative guide of what your rate could be will be provided before submitting your application to a lender to ensure you are comfortable with the repayments and terms proposed. To get an estimate of what your loan term, rates and repayments could be, visit our loan calculator.

We make the whole process easy and safe - you can calculate repayments, view best matches, lock in a personalised rate and apply online, directly on your mobile or computer through our website. 

Simplify streamlines both the online loan comparison and application journey, providing a straightforward, hassle-free and transparent process.  We offer both the ability to transact online and with a trusted loan expert. We compare and provide you tailored solutions based on your profile.

Every borrower, lender, and loan is unique, so loan approval times can vary.  Generally speaking, (subject to responsible lending inquiries and supporting documentation), we can get you approved the same business day.   More complex situations can take a little longer, but we will look after the entire process for you. We have a great relationship with our lenders, plus we have skilled loan experts to guide you, so if you are in a hurry and need something arranged quickly, you’ve come to the right place.

With Simplify, when you get an estimate, compare loans and apply for finance, it does NOT impact or affect your credit score. Our no-effect credit check ensures you can check your eligibility for a loan with confidence.

Disclaimer:  When submitting your application to any lender a formal credit enquiry will be placed on your credit file, this can affect your credit score at this time.  Our loan experts will inform you before submitting your application to any lender, so you can complete your application with Simplify, with total confidence.

Our loans start from $5,000. Determining how much you can borrow is based on how much you earn, how much you spend each month, and your credit habits. This calculation is used to figure out your borrowing power – how much you can afford to pay back to a lender each month or repayment period.

There are two types of car loans, secured and unsecured.

With secured car loans you need to provide collateral as security, which is usually the car itself. With unsecured loans you do not require collateral.

Often you will get a better rate with a secured loan. 

Depending on your preferences and circumstances, it can be beneficial to consult a loan expert who can help you find the best loan option for your needs. 

We like to find solutions for everyone.  You will need to be able to provide evidence of your income as part of your application, this may be through bank statements, IRD Statement, your financial accounts or accountant. 

Although some lenders will require a deposit, it’s entirely possible to get a loan without one. It will come down to your own individual circumstances and needs, as well as what you are wanting to borrow the money for.  A deposit can be a useful tool in reducing your interest paid, and loan repayments.

Yes, we provide EV finance for both new and used electric vehicles, and hybrids.

Yes, with some loans you can pay off your loan or add additional payments during the course of your loan. Some loan providers charge an early repayment fee, so it pays to check with one of our loan experts

Yes, If you’re looking to buy a car privately, we can organise the loan and payment to the private seller. Plus, our loan experts can run the Car check, and provide a free valuation to ensure there is nothing owing on the car and you’re not paying too much.

Simplify will complete two vehicle checks on any car you’re looking at, completely free of charge. These are:

• A vehicle history check

• A vehicle valuation check

As soon as you find a car you like the look of, let us know the details. We’ll then carry out the checks to find out if the car is correctly priced. This is important before you pay any money to the dealer or seller. Arrange a callback with one of our loan experts if you’ve found the car you want to finance.

Your privacy is important to Simplify and we invest heavily in our technology and data protection. You can view our Privacy Policy which provides you with information on how we collect, use and store your personal information. Please take a moment to read this policy and understand it.

We always put our customers first, it’s in our DNA and our team of loan experts pride themselves in making customers happy and getting the best loan for your needs. This is why we have continuously received the Feefo Platinum Trusted Service Award over the years with a rating of 4.9/5, and Feefo has named us “Exceptional”. Read what our customers have to say in our reviews.