Gem: Your Financial Partner in New Zealand
Gem, a part of Latitude Financial Services, stands out as one of New Zealand’s most trusted consumer lending and financing solutions providers. With a strong presence across both New Zealand and Australia, Gem focuses on empowering individuals to manage their personal finances effectively, whether it’s through tailored lending options, flexible payment solutions, or robust partnerships with leading retailers.
What Does Gem Offer?
Gem provides a diverse range of products designed to suit various financial needs:
- Personal Loans : Ideal for home renovations, holidays, or debt consolidation.
- Credit Cards : Everyday credit solutions with competitive terms and added flexibility.
- Interest-Free Finance : Perfect for retail purchases without worrying about upfront costs.
- Insurance Options : Offering added peace of mind for the unexpected.
Whether you’re planning a big life event or simply need manageable credit solutions, Gem’s product lineup is crafted to support your financial goals.
The Gem Family
While many customers recognize Gem for its popular Gem Visa , the company also offers other flagship products, such as Gem Personal Loans and Gem CreditLine , expanding its suite of financial tools to better serve its customers.
A Legacy of Partnership
As part of Latitude Financial Services, Gem benefits from a long-standing legacy of supporting over 2.5 million customers across New Zealand and Australia. Its partnerships with iconic retailers reinforce its reputation as a reliable and forward-thinking financial partner.
How to Connect with Gem
Whether you’re exploring their financial products or seeking advice for your personal or business needs, Gem’s dedicated team is ready to assist. With a focus on transparency and customer-centric solutions, Gem ensures every interaction is straightforward and beneficial.
Gem's Financial Products in New Zealand
Gem, a subsidiary of Latitude Financial Services, offers a comprehensive suite of financial products tailored to meet diverse customer needs in New Zealand. Their offerings include:
Personal Loans
Gem provides personal loans suitable for various purposes, such as home renovations, travel, or debt consolidation. Customers can choose between secured and unsecured loans, with amounts starting from $2,000 and flexible terms ranging from 1 to 7 years. The application process is streamlined, allowing for quick approvals and fund disbursement.
Gem FinanceCar Loans
For those looking to purchase a vehicle, Gem offers car loans with competitive interest rates and flexible repayment options. These loans are designed to make car ownership more accessible and affordable for New Zealanders.
Credit Cards
Gem's credit card offerings include the Gem Visa, which provides 6 months interest-free on everyday purchases over $250. The card also features long-term interest-free deals with various retailers, making it a versatile option for everyday spending and larger purchases.
Gem FinanceInterest-Free and Promotional Retail Finance
Through partnerships with numerous retailers, Gem offers interest-free and promotional finance options, enabling customers to make significant purchases without immediate financial strain. These plans often come with flexible repayment terms and are available at participating stores across New Zealand.
Insurance Products
In addition to lending solutions, Gem provides insurance products designed to offer financial protection and peace of mind. These include options like credit card insurance and personal loan protection, ensuring customers are covered in unforeseen circumstances.
By offering a diverse range of financial products, Gem aims to support New Zealanders in achieving their financial goals with flexibility and confidence.
Fees & Charges for Gem Products
When considering financial products, understanding the associated fees and charges is essential. Gem maintains a transparent approach to costs, ensuring customers are well-informed. Here’s an overview of the fees applicable to their services:
- Establishment Fee : A one-time fee of $240 is applied when your loan is set up.
- Late Payment Fee : If the minimum repayment is not made by the agreed date, a late fee of $45 will be charged.
- Early Repayment Fee : Gem does not charge any fees for early repayment, allowing customers to pay off their loans sooner without extra costs.
- PPSR Registration Fee : For secured loans, a $14 fee is charged for registering the security.
- PPSR Search Fee : A nominal $2 fee applies to perform a Personal Property Securities Register search.
Interest Rates
The interest rates offered by Gem vary depending on individual circumstances, such as the type of product, the loan amount, and the customer’s credit profile.
By maintaining a clear structure for fees and offering flexibility with repayments, Gem ensures its products remain accessible and customer-friendly.
How to Apply and Eligibility for Gem Loans
Gem makes the application process simple and efficient, ensuring you can access the funds you need quickly. Here’s how it works and what you need to qualify:
How to Apply
- Check Your Interest Rate : Use Gem’s online tool to get an estimate of your interest rate in just 2 minutes, with no impact on your credit score.
- Apply Online : Complete the application form online and receive a response within 60 seconds.
- Provide Documentation : Submit the necessary documents, such as banking statements and identification, to support your application.
- Accept the Loan Contract : Once approved, you can digitally accept your loan contract for convenience.
- Receive Your Funds : After accepting the contract, funds are typically deposited into your account within 24 hours.
Eligibility Criteria
To be eligible for a Gem loan, you must meet the following requirements:
- Age : You must be 18 years or older.
- Residency : You must be a permanent resident of New Zealand.
- Income : A stable source of income is required to ensure you can meet repayment obligations.
With a straightforward application process and clear eligibility criteria, Gem makes accessing financial solutions hassle-free and efficient.
Contact Information for Gem New Zealand
If you need assistance or want to learn more about Gem’s products, here’s how you can get in touch:
Address :
8 Tangihua Street, Auckland, 1010, New ZealandPhone :
+64 800 500 505Social Media :