Borrowing costs

4.99 per cent is the median two-year rate in the market.

Personal loan: ASB offers unsecured loans from 13.95 per cent to 19.95. ANZ offers 18.95 per cent for unsecured loans. Secondtier non-bank lenders charge up to about 30 per cent.

Car loans: 13.6 per cent*

Credit cards: 19.1 per cent* Store cards: 19.7 per cent* Peer-to-peer lenders: Rates vary according to your credit score. Harmoney’s rates range from 6.99 per cent to 29.99 per cent. Payday lenders: 468 per cent* *On average. Source: Tom Hartmann, CFFC