FAQs

Your loan questions answered here

You can apply online, or call us on. 0800 88 44 66. You’ll need to have some information handy, like your drivers license and income & expenses.

Yes, $2,000.

21 years old (unless accompanied by a parent co-borrower).

Oxford Finance’s terms are flexible, ranging from 12 months to 60 months depending on the age and nature of the security you can provide us for the loan.

Approximately one business day once Oxford Finance have received all relevant information from you.

The interest rate you will be charged is based on:

  • The type of security provided
  • The value of the security in relation to the loan amount
  • Your previous credit history with other financial institutions
  • Your credit profile and personal profile

Security will usually be a vehicle, boat, registered mortgage or an ‘agreement to mortgage’, supported by a caveat lodged over the title of your property, if you own a house.

Yes. Find out more here.

A guarantor is someone who promises to pay back a loan if the borrower can’t.

For business loans, we often require a guarantor so that if the business is unable to repay the loan, the guarantor becomes responsible for paying the remaining amount. This helps us reduce risk and ensure the loan will be repaid.

Yes, pre-approval can be given if the vehicle or boat fits the loan criteria.

A pre-approval remains current for 14 days.

Yes. Your vehicle needs to be insured against theft and accident damage, and Oxford Finance must be noted on the policy. We can help you to arrange insurance.

There are several optional insurance products that can provide additional protection throughout the life of your loan. These include Loan Repayment Insurance (LRI), Mechanical Breakdown Insurance (MBI), and Guaranteed Asset Protection (GAP). Each product offers different benefits depending on your circumstances.

These optional insurances can be financed within your loan or you can pay for them separately.

Find out more about optional insurance.

Repayments can be made by direct debit from your nominated bank account. If you’d like to make an additional payment to your loan, visit any BNZ branch or via online banking using the account details below. Please include your Oxford Finance loan number as the reference:

Oxford Finance Limited
Bank of New Zealand (BNZ)
02-0108-0153367-00

Yes. Login to your loan account and view your loan balance, transaction history, and more. Learn more about Oxford’s Customer Portal.

If you have purchased your vehicle through a dealer, there’s a process you’ll need to follow. Find out more here.