Our lifestyle loans are a personal loan product tailored specifically for police and their families. Our lifestyle loans are at very competitive interest rates. Secured loans come with an extend credit facility to make managing your finances easier. This means you only have to apply for your loan once, and you can redraw up to your approved credit limit when the need arises. All you will need to do is send us a signed Extend Credit application form and we will do the rest.

What can we offer you? We offer a solution with our secured and unsecured loans. Easy to apply Fast approval Great interest rate For secured loans, we can offer you up to $250,000 over 20 years (subject to our normal lending criteria). We also offer unsecured loans up to a maximum of $5,000 over 5 years.

Interest Rates

Our interest rates are reviewed regularly to ensure we remain competitive and that you are getting the best rate we can offer at any time.

What can I use as security?

Government Superannuation Fund (GSF) or Police Super Scheme (PSS). The Credit Union will hold a charge over your superannuation.

How do I apply for a loan?

Download a loan application form. Complete it and send in with proof of income (a copy of your most recent payslip).

If you are applying for a secured loan, we will also need a copy of your latest superannuation valuation.
To use your PSS as security we need a current update of your PSS.
This is available at www.pss.superfacts.co.nz.

Simply send us a copy of the page showing your contribution, name and the value should you leave your employer.  Alternatively you can call Mercer on 0800 777 243 to arrange a valuation.

For more information please call 0800 429 000 - We can discuss your different options and assist you in preparing your Credit Union loan application.

Normal lending criteria apply

What will it cost me in fees?

A loan establishment fee of 1% up to a maximum of $100.00. Our loan protection insurance is free.

FAQ'S

Click here to see some frequently asked questions regarding Lifestyle Loans.

The Police and Families Credit Union is not a registered bank.