Results 1 to 5 of 5

Thread: Finance in NZ

  1. #1
    nickydwuk's Avatar
    nickydwuk is offline God like figure
    Join Date
    May 2007
    Location
    Was Oxford nr Chch, NZ now UK
    Posts
    880
    Blog Entries
    13

    Default Finance in NZ

    Is it possible to get finance to buy a car or anything else as soon as you arrive in NZ? How do they do credit checks - or don't they bother? Do they just want proof of income? Will banks lend to you even if you don't bank with them?
    Nursing Registration sent 5th August 2007
    Job Offer 25th September 2007
    Nursing Registration received 28th December 2007
    Submitted EOI 3rd January 2008 with 150 points
    Selected 17th January 2008
    ITA Received 31st January 2008
    ITA submitted 25th April 2008
    Approved in Principle 3rd May 2008
    Blue Stickers arrived 13th May 2008
    Flights booked for 19th Sept to Christchurch

  2. #2
    Duke's Avatar
    Duke is offline Senior Member
    Join Date
    May 2006
    Location
    Lake Milton, Ohio
    Posts
    156

    Default


  3. #3
    Taffy's Avatar
    Taffy is offline He who shall be ignored
    Join Date
    May 2004
    Location
    Hamilton, NZ
    Posts
    3,408
    Blog Entries
    5

    Default

    Not so much the banks as they are mostly appauling to deal with, and make you feel like the scum of the earth for not having as much cash as they have, but generally shops, car yards etc will be able to arrange finance for you, as long as you have a job. They will credit check you, but your credit history will be clear.
    Taffy

    The greatest mistake you can make in life is to be continually fearing you will make one.

  4. #4
    MotherBear's Avatar
    MotherBear is offline The missing link
    Join Date
    Jan 2005
    Location
    currently Ras al Khaimah, UAE, ex Wales, UK
    Posts
    11,180
    Blog Entries
    1

    Default

    I've heard of people going to NZ short term e.g. on a long holiday and they have bought a car rather than renting, to save money. Unless they've had the cash to buy outright I guess they may have got around it another way i.e. finance of some sort.
    Mother Bear

    Try to bloom wherever you are planted.

  5. #5
    nickydwuk's Avatar
    nickydwuk is offline God like figure
    Join Date
    May 2007
    Location
    Was Oxford nr Chch, NZ now UK
    Posts
    880
    Blog Entries
    13

    Default

    Quote Originally Posted by Duke View Post
    Thanks Duke - I will wait for the postman!!

    That is reassuring about the car yards & credit. I suppose they charge a higher rate of interest - like they do in the UK. Will stores offer the same thing for the purchase of furniture?
    Nursing Registration sent 5th August 2007
    Job Offer 25th September 2007
    Nursing Registration received 28th December 2007
    Submitted EOI 3rd January 2008 with 150 points
    Selected 17th January 2008
    ITA Received 31st January 2008
    ITA submitted 25th April 2008
    Approved in Principle 3rd May 2008
    Blue Stickers arrived 13th May 2008
    Flights booked for 19th Sept to Christchurch

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46