Horizon is a mutual financial services organisation and as such is owned by its members, each one of whom is a shareholder. You don't need to be a member to apply for a loan, however if your loan is approved you will subsequently become a member.

Learn more about opening an account.

The minimum amount you can borrow is $500 for a Personal Loan (secured or unsecured) and $5,000 for a Car Loan. You may wish to consider a credit card or overdraft for smaller amounts. The maximum amount you can borrow is $30,000 with an unsecured loan, although this will depend upon your circumstances. Secured loans are dependent upon the security offered. In all circumstances our personal loans are limited by your ability to meet your repayments. Do you wish to calculate how much you could borrow? Use our Car Loan Calculator.

You can arrange to make your loan repayments either by payroll deduction, direct debit from your savings or transaction account, online or phone banking transfer, at any of our branches or by a direct debit from another financial institution. 

Statements are produced monthly or six monthly. Duplicate statements can be requested at any time from our office. Account information also available through our Online and Phone banking services.

The security required for a new car loan is a Goods Security Agreement over the new car. A fee is payable. 

The security required for a used car loan is a Goods Security Agreement over a vehicle. Examples of the type of vehicles that we can use are a car, caravan, motorcycle, trailer or boat and trailer. A fee is payable.

In the event you are facing financial hardship we encourage you to contact your local branch and we can work with you through the hardship. Read more about Financial Hardship.

Why choose us?