The interest rate is the price that the financial institution will charge for lending you the money for Cash Flow Finance in NZ. Before deciding, compare different offers, but do not focus only on the nominal interest rate, but on the APR, (more accurate if you examine loans with the same repayment period).
The APR is a somewhat complex calculation that includes the nominal interest rate and the commissions that can be applied to your loan, taking into account the term of the operation. It is a much more reliable indicator of the real cost of the loan.
Some loans may have a low nominal interest rate, but many commissions for other concepts (opening, cancellation, partial amortization, study). If we add all the concepts, we can discover that a loan at 3% of nominal interest is more expensive than another at 5%, but with less commissions, for example.