Personal Loans
Personal Loan 2016 Star Ratings
CANSTAR Personal Loan Star Ratings is a sophisticated and unique ratings methodology that compares both Cost and Features of Personal Loans. CANSTAR star ratings represent a shortlist of financial providers, enabling consumers to narrow their search to providers that have been reviewed, assessed and ranked.
Report released as of December, 2016
2016 5-Star Rated Products
Secured Personal Loans
- NZCU Baywide
- The Co-operative Bank
- TSB Bank
Unsecured Personal Loans
- Harmoney
- NZCU Baywide
- TSB Bank
Numbers crunched by Canstar Researchers
Despite a number of OCR cuts, the majority of personal loan rates have not followed suit, CANSTAR reports.
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CANSTAR has released the 2016 Personal Loans Star Ratings Report, looking at 30 products from 10 lenders.
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Out of 30 products across 10 lenders, NZCU Baywide is a 5-star winner for personal loans.
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Out of 30 personal loan products across 10 lenders, Harmoney has picked up a CANSTAR 5 star-rating for the second year running.
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About Star Ratings
Canstar’s Star Ratings are unique. We evaluate literally thousands of products from hundreds of financial institutions. Our expert researchers analyse every product by comparing price and features to determine what represents value.
View 2015 Personal Loans Star Ratings