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Science 2012-11-29 2 min read

New Line of Lending on Track to Launch in New Zealand

Cash Train,a short term lending website,will go live in December 2012 to coincide with the launch of a fast-paced TV commercial introducing the product-offering short term loans to New Zealand residents after completing a simple online application.
New Line of Lending on Track to Launch in New Zealand

WEST PERTH, AUSTRALIA, November 29, 2012

A new TV campaign is due to air in New Zealand introducing a new method for everyday people to borrow a small amount of cash quickly for everyday emergencies. The animated TV commercial for www.cashtrain.co.nz will show a train speeding across the screen with cash flying through the air, with a voiceover explaining the advantages of the product.

Cash Train loans will be available from $250 to $1000 and paid direct into customers bank accounts within hours of the loan's approval. After completing a simple application, customers will be presented with a loan offer in seconds, in line with customers emergency cash needs.

Similar to payday loans, Cash Train customers will need to show an income of over $1,800 a month. Customers will also have to be over eighteen and have their income paid directly into their bank accounts in order to take advantage of the product.

In line with the company's responsible attitude to lending, checks will be made to ascertain the affordability of loans offered to customers. While not excluding customers based on a bad credit history, Cash Train will need to confirm that any loan offered is affordable and can be repaid on the agreed date or dates without causing unnecessary difficulty.

Cash Train is a trading name of handyCASH Ltd., a New Zealand company based in Tauranga, New Zealand with a customer support team available during office hours based in New Zealand while assisted by Cash Train's Australian support team out of hours giving Cash Train's customers extended access to help and assistance if needed.

Tim Dean, Cash Train's Managing Director enthuses "We are all very excited about the launch of Cash Train in New Zealand after the huge success of Cash Train in Australia. The TV ad is very fast paced and animated and gives a really good idea of how fast and easily new customers can pick up the money they need in hours and not days or weeks as with traditional forms of borrowing."

Cash Train's website and TV campaign are anticipated to launch together in early December 2012. Further details will be posted in the days leading up to launch on the company's website www.cashtrain.co.nz.

About First Stop Money Ltd.
handyCASH Ltd is a New Zealand registered company, company number 4019379; a registered Financial Services Provider, FSP254425; and a member of the Financial Services Complaints Ltd External Dispute Resolution Scheme, member number 4607.

First Stop Money Ltd. is one of Australia's fastest growing online short term lenders. Founded in 2009 by CEO, Tim Dean, the company provides small amount, short term loans to thousands of Australian consumers in employment every month. First Stop Money is an Australian Credit Licence holder, 390999.

For more information, contact Tim Dean or Lucy Auchincloss on (+61) 89322 6666.

Website: http://www.cashtrain.co.nz/