COMPATIBILITY MODE

It looks like you are running Internet Explorer in compatibility mode, please turn this off to benefit from all functionality on this website.

To do this, click the blue broken page icon in your browser address bar (example below).

compatability mode

JAVASCRIPT DISABLED

It looks like you aren't running java, please turn this on to get the best user experience

JARGON BUSTER

Credit terms explained in brief, plain English. If you need a more detailed explanation, or can't find a term listed, just send us a message.

Account HolderAccrued InterestAcquiring BankActiveAdditional CardholderAdministration FeeAIRAMORTISATIONAnnual FeeAPRArrangement FeeArrearsATMAutomatic PaymentsAvailable CreditBalanceBalance TransferBalloon PaymentBANK ACCOUNTBank ChequeBANK LOANBankruptcyBounced ChequeBreach Of ContractBreak FeeBridging Loan/Bridging FinanceBrokerCash AdvanceCash LoanCashbackCertificate Of TitleCharge CardCharge OffChargebackChargesChequeCHIP AND PINCO-BRANDED CARDSCOLLATERALCommissionCompound InterestCONSOLIDATION LOANConsumer Credit ApplicationCOOLING OFF PERIODCreditCredit ActiveCREDIT AGREEMENTCREDIT BALANCECredit CardCREDIT CARD STATEMENTCredit CheckCredit InactiveCredit LimitCREDIT PROVIDERCredit RatingCredit Reference AgencyCredit ReportCredit ScoreCREDITORCurrent AccountsCut-Off ScoreDebitDebit CardDebt AgreementDebt ConsolidationDEBTORDefaultDEFLATIONDeletion DateDelinquentDEPOSITDepreciationDirect CreditDirect DebitDISPOSABLE INCOMEDOWNPAYMENTDumb DebtDun & BradstreetEAREarly RepaymentEFT (Electronic Funds Transfer)EFTPOSEmployer ContributionsEnquiriesEquityEQUITY RELEASEEXPENDITUREExtended Credit TakerExtended WarrantyFall ThroughFast CashFast LoanFICO ScoreFINANCE CHARGEFINANCIAL ASSOCIATIONFixed RateFLEXIBAL LOANFORECLOSUREFull PayerGoneawayGRACE PERIODGrossGross Interest RateGuarantorHANDLING FEEHigher PurchaseIdentity FraudIFAINCOMEInflationINSOLVENCYInsolventINSTALMENTINSURANCEINSURANCE POLICYInterestInterest Free PeriodInterest RatesINVESTMENTJOINT ACCOUNTJOINT LIABILITYKickstartLate PaymentLate Payment FeeLENDERLiabilityLoanLOAN PERIODLOAN-TO-VALUE (LTV)Locked InLONG TERM DEBTLump SumMastercardMaximum WithdrawalMinimum RepaymentMONEY LAUNDERINGMORTGAGEMORTGAGE BROKERNEGATIVE EQUITYNew Zealand Exchange (NZX)Nominal ReturnNZ SuperannuationOMBUDSMANONLINE BANKINGOUTSTANDING BALANCEOVERDRAFTOVERDRAFT LIMITOVERDRAWNOVER-INDEBTEDOverlimit FeeOVERPAYMENTPAYDAY LOANPAYMENT HOLIDAYPAYSLIPPenalty ChargesPensionPer AnnumPersonal LoanPIN Or PasswordPLASTICPrincipalPromise DatePROOF OF INCOMEProviderPurchase ProtectionQuick LoanRateRATE LOCKREDEMPTION PENALTIESRefinanceRefusalRE-MORTGAGERepayment HistoryREPAYMENT MORTGAGEREPOSESSIONRepossessionSame Day LoansSavings AccountSecondary CardsSecured LoanSHORT TERM LOANShortfallSTANDARD VARIABLE RATESUMMONSSuperannuation SchemeTable MortgageTerm DepositTotal Amount PayableUNARRANEGED BORROWINGUNCLEAREDUnsecured LoanVALUE ADDED TAXVariable Interest RateVedaVISAWITHDRAWALWrite Off

To Top