2783 days ago

Things you need to know before you borrow $$...

Your friends at Neighbourly

Hey neighbours, are you thinking of borrowing money by taking out a loan?

Before you do - there's a few things you really need to know about. Take a minute and read the tips below to ensure you're asking the right questions and getting the best loan for you.

1. Shop around! Interest rates, fees and terms must be made available to you by the lender. Make sure you compare details and make an informed decision about what loan is best for you.

2. Choose a lender. Did you know that when you borrow money to buy something, you don’t have to borrow from the same person who is selling the goods?

3. Understand. Whoever is loaning you the money must ask questions to make sure you can afford the loan. They also need to help you understand the key terms of the loan.

4. Be prepared. You'll need to provide your lender with information to show that you can afford to repay the loan. This might include proof of income and expenses so make sure you have it ready.

Don't get on Auntie's bad side and do your research! You can find more information here.

Your friends at Neighbourly
Find out more

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More messages from your neighbours
1 hour ago

Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬

The Riddler from The Neighbourly Riddler

Make a hearty dish. Take just half a minute. Add four parts of kestrel. Then just add one. What have you made?

(Trev from Silverdale kindly provided this head-scratcher ... thanks, Trev!)

Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!

Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.

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28 days ago

Donations

Jane from Naenae

Hi Neighbours,If your having a spring clean,i would be more than happy to take your stuff to pass on.I am also looking for clean jars if any one has any please.Not taking any Clothing till closer to opening.Thanku

6 days ago

Poll: Should the government levy industries that contribute to financial hardship?

The Team from Neighbourly.co.nz

As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙

One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.

So we want to hear what you think:
Should the government ask these industries to contribute?

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Should the government levy industries that contribute to financial hardship?
  • 59.5% Yes, supporting people is important!
    59.5% Complete
  • 26.2% No, individuals should take responsibility
    26.2% Complete
  • 14.4% ... It is complicated
    14.4% Complete
1120 votes