Auckland, New Zealand, October 17, 2019 –(PR.com)– The steep interest rates on credit cards can undermine their convenience, and personal loans with lower rates should be considered an attractive option to consolidate credit card debt, according to Nectar. One of New Zealand�s leading online loan companies, Nectar believes that using a personal loan for credit card payments makes sound financial sense for Kiwis struggling with mounting debts.
Late credit card repayments can have a negative impact on a credit score, and more recent late payments will have a proportionately larger impact. Ultimately, these credit struggles can impact a credit score for some time.
Personal loans, meanwhile, are labelled, installment loans, by credit agencies and, like credit cards, paying them in a timely manner can boost your credit score. This is yet another reason why Nectars personal loans are a great solution to credit card debt. Not only can Kiwis effectively refinance their credit card debt with lower interest, they can do so to the benefit of their credit scores.
Entirely New Zealand owned and operated, Nectar has revolutionised the loan process in New Zealand, putting the power back into the hands of borrowers and helping Kiwis regain control of their financial futures. With their 100% online process, Nectar empowers Kiwis to get the money they need when they need it, using real-time credit decision technology to provide flexible loan offers in as little as seven minutes.
With competitive rates and flexible terms, Nectar offers personal loans in NZ to take the sting out of credit card debt.
For more information regarding the simplicity and convenience of Nectars 100% online personal loan system, click here: https://app.nectar.co.nz/apply/getstarted
Let’s block ads! (Why?)
New slot tournament, Blackjack Quest and poker event here this month SYDNEY--(BUSINESS WIRE)--A new month…
AUBURN HILLS, Mich.--(BUSINESS WIRE)--#safety--Teijin Automotive Technologies held a ribbon cutting today to celebrate the opening…
VANCOUVER--(BUSINESS WIRE)--Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) (ASX:CSC) announced the voting results from…
DUBLIN--(BUSINESS WIRE)--The "Indonesia International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value…
KCAS Bio continues to expand its global reach and has selected Crux Biolabs (Melbourne, Australia)…
Strengthens end-to-end RCM offering to healthcare providers Expands service capabilities to US physicians’ practices, and…