How is Nimble responsible?
Our smart little loans are responsible because:
Nimble is designed to put you in control so you know exactly what's happening, and you stay out of trouble. We've assembled the finest mathematicians and software developers to build our clever technology. It does all the hard work so you don't have to. We take extra special care to lend you an amount that you can comfortably repay.
We offer a short-term solution, not a long-term problem. Traditional lenders like to lock you into borrowing more than you need, for longer than you need. Nimble is for borrowing small amounts of money for a short amount of time. You repay your loan within several weeks and get on with your life. And as part of our responsible lending criteria, we cap all late fees at 45 days.
We want you to repay quickly and get on with your life. Profiting from late fees is inconsistent with our company mission and values. Nimble uses a fee structure that results in a slight loss for us on overdue accounts. This incentivises us to lend the right amounts to people who can comfortably repay them.
Our members are responsible, hard-working, employed Australians. They're smart decision makers who like to stay in control and out of long-term debt. Even when they're caught off guard by unexpected little expenses, they're on top of things with Nimble's smart little loans.
We're transparent. Banks make money when you make mistakes. They make money from confusion. We show you a breakdown of all the costs upfront, before you apply. All in plain English and big print. There are no sneaky hidden fees to worry about.