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 our full fees and charges guide. Typical fees may include:

• Establishment fee

• Early repayment fee (sometimes waived)

Administration fee We’ll always be transparent so there are no hidden costs. 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.

Comparing loans with Simplify does not affect your credit score. Submitting a full application will place a credit enquiry on your file, which may impact your score slightly. We’ll always let you know before submitting your details to a lender.

With Simplify, when you get an estimate, compare loans and apply for finance,

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.

Yes. The main categories are:

• Secured Loans – the car is collateral (lower rates).

• Unsecured Loans – no collateral (higher rates).

• No-Deposit Loans – 100% finance for approved borrowers.

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. 

Not always. Some lenders prefer a deposit, as it reduces risk and lowers your repayments. However, many customers are approved without one. If you can pay a deposit, it usually means:

• Lower interest costs overall

• Smaller monthly 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. Whether you’re buying from a dealer or a private seller, we can arrange the loan and pay the seller directly. We also provide a free vehicle history and valuation check to ensure:

• There’s no money owing on the car

• The price you’re paying is fair

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 provides two free checks before you buy:

• Vehicle History Report – confirms if the car has money owing, been stolen, or written off.

• Vehicle Valuation Report – ensures you’re paying a fair market price. This protects you from overpaying or inheriting someone else’s debt.

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.