Although the interest rates are low in New Zealand, the area is riddled with unaffordable housing. This has made consumer credit a key part of a person’s daily money concerns. MoneyHub, to address people’s concern about a loan or mortgage, have developed the one-click personal loan calculator for its website. The calculator can work on a desktop, phone or tablet.
Christopher Walsh, senior researcher at MoneyHub, said the company was happy to have created what is regarded as a premier Personal Loan calculator in New Zealand. The idea was to come up with a functional, safe and easy-to-use calculator that anybody concerned about their financial status could use.
Walsh said the calculator can be used on any device. He said the calculator takes into consideration everything the user must know and what’s important. He continued saying, New Zealanders struggle every day about getting a loan or mortgage – worried about the payments they’ll face if they do.
He said MoneyHub wanted to give people a tool that would allow them to cross-reference numbers they had, giving them the confidence to make smart money decisions for their family. According to Walsh, they hope users will look favorably upon the calculator tool and use it for their daily lives.