How can I prepare to apply for a loan?

lady applying for personal loans

Many customers find it stressful looking for and applying for loans and are pleasantly surprised by how easy we make it to apply for one here at Alternate Finance. Whether you need a loan for a new car, to consolidate your debt, or for an emergency situation, you need the money as quickly as possible. That’s why we make the application process as hassle-free as we can. So, let’s go through what you need to prepare and the process of applying for one of our loans.

The Loan Application Process

Loan Calculator

The first thing you will need to do before applying for a loan is to check out what your repayments may be with the loan calculator. This calculator makes it easy to see exactly how much you would be borrowing, how much you would be repaying, and it lets you know how long it will take to pay off the loan.

Simply enter the amount you would like to borrow into the calculator and how much you can repay weekly. Then it pops up with how long this will take to pay off. This gives you the chance to play around with it and see how much faster you could pay it off if you increase the payments. Even a little more each week can make a huge difference to the length of the loan.

Online Application Form

Once you’re happy with the amount you’re borrowing, you can head over to our online application form. The quick online application process takes less than 10 minutes to complete, so it doesn’t require a lot from you! You simply need to enter your personal details such as email, phone number, and your full name. You will also need to add in the amount that you would like to borrow and how much you can repay. Plus, we need to know that you can repay the loan so there are some details about your collateral too.


Next, our expert team will review your loan application. They are checking to see whether it is realistic for you to repay the amount borrowed in the time given. We only give out loans that we believe can be repaid in the timeframe by the person in question. It’s part of our commitment to responsible lending.


Within 24 hours of you completing the application form, our team will get back to you with the result. Hopefully, it will be good news for you! Then you will quickly receive the money and can grab those essentials you need.

Once you have been approved, you will need to start making repayments. Make these payments on time every week to avoid racking up late payment fees which will add to the length of your loan.

What Do I Need to Apply for A Loan?

We don’t require a lengthy amount of information from you when you apply for a loan. All it takes is a few details and that’s it! You don’t need to prepare anything, just make sure that you have access to your financial information. Applying for a loan with Alternate Finance couldn’t be easier!

Why Choose Alternate Finance?

Why should you choose to go with Alternate Finance for your upcoming loan? We are all about customer service and offering you the best experience possible. Whether you’re applying for a bad credit loan, car loan, or any other type, we treat everybody the same. Here are some more reasons why you should choose us:

Competitive Interest Rates

Get better interest rates and pay off that loan faster by choosing us. Our highly competitive interest rates start from as low as 13.95%. This is cheaper than what many major credit cards charge! The actual rate that will be offered to you is based on many factors including your circumstances, security, and credit score.

Get Treated Like A Person, Not A Number

One of the main things that our customers love about us is that we treat everybody like a person, not just another number. It’s the personal touch that matters, and our financial experts take the time to listen to you. We try to understand your situation and offer solutions relevant to you, not sell you things that you don’t need!

Community Commitment

Alternate Finance loves getting involved in the community and sponsoring charities in Christchurch and across New Zealand. In the past 3 years alone, we have supported plenty of facilities in Christchurch. These include:

  • Cross Road Youth with a Future
  • Nae Nae Charitable Trust (Billy Graham)
  • Parenting Inc.
  • Ellesmere Food Bank
  • Shirley Boys High School
  • Neighbourhood Trust St. Albans Christchurch
  • Tanden Ministries
  • Gideons
  • Mairehau High School
  • Sharp Trust
  • Youth Alive Trust New Brighton Christchurch

Contact us today to find a supportive ear on the other end of the phone if you need to discuss your situation. If you’d like to apply, head to the loan calculator and apply online now. Get your finances sorted with our help.


Ash is a professional content writer with extensive experience in business development in the financial services. Ash has founded businesses from the age of 19, including franchising ventures, and working alongside some of the largest retailers in the world.

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