Legal Disclosure

Our loan terms are from 1 year to 4 years and our annual interest rates are fixed for the term of the credit contract. Our annual interest rates range from 19.95% to 29.95% with the default interest rate being an additional 10% per annum. The interest rate is determined by your credit profile, the security offered and several other factors that are calculated in accordance with the Credit Contracts and Consumer Finance Act 2003 (CCCFA).

Your credit contract will show your annual interest rate and all applicable credit fees and charges. Refer to ‘Our Fees and Charges’ document on this page for a full list of our fees and charges.

Access to Motor Vehicle Register Information (Section 241 Land Transport Act 1998)

Broadlands Finance Limited is authorised by the New Zealand Transport Agency to access names and addresses of persons registered in respect of motor vehicles and information on those vehicles as recorded in the Registrar of Motor Vehicles, in accordance with section 241 of the Land Transport Act 1998.

Broadlands Finance Limited advises that the name and address of persons who have either applied for finance with Broadlands Finance Limited or have entered into a finance agreement with Broadlands Finance Limited may be obtained from the Registrar of Motor Vehicles in accordance with section 241 of the Land Transport Act 1998.

Broadlands Finance Limited will only access this information for the following purposes:

• When assessing an application to provide finance in relation to a vehicle, to confirm the person registered to that vehicle is the same person to which finance is being proposed to be provided to; or

• Where the Registered Financial Services Provider has an existing security interest on the Personal Properties Securities Register (PPSR) or similar security interest for a vehicle, to confirm the registered person of that vehicle is the person to whom the Registered Financial Services Provider has provided finance for in relation to that vehicle.
Broadlands Finance Limited has been authorised to access information in the Registrar of Motor Vehicles in accordance with section 241of the Land Transport Act 1998 under NZ Gazette notice dated 21 September 2022.

Broadlands Finance Limited advises that any person can notify the Registrar of Motor Vehicles that they do not wish to have their name(s) and address(es) made available under this authorisation.