How to get a cash loan for a car
Getting a cash loan for a car, be it to purchase a car or for car repairs, is easy. There are specific types of loan for this type of lending – a secured car loan, or a cash loan. For most cash loans you can get up to around $5,000.
Applying for a cash loan for your car is straightforward. Especially with a company like Nimble – we’ve built our application process to be straight forward, easy to use and quick. Many people use funds for situations that they just can’t make work.
There are different types of loans available at Nimble, so here’s an overview of these loans:
| Loan feature | Small Loan | Medium Loan |
| Establishment Fee | 20% of loan amount | $400 fee |
| Loan amount | $300 - $2,000 | $2,050 - $5,000 |
| Costs | 20% of loan amount + 4% of the loan amount each month | Application fee of $400 + 47.6158% p.a. Comparison rate^: 65.6597% p.a. |
| Loan terms | 62 days - 9 months depending on the loan amount | 62 days to 22 months |
| Timing | Both Nimble Small and Nimble Medium Loans are offered with fast approval and funds transfer.* You could receive your money within 60 minutes if your loan is confirmed before 4:30pm on a banking day. | |
^This comparison rate outlined on this page is based on our Medium Loan for an amount of $2,500 over 2 years and a $400 establishment fee. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Nimble does not offer loans for $2,500 over a term of 2 years.
See our full Fee Statement for fee details. If you reschedule your repayments after you confirm your loan, additional fees and charges may apply.
When deciding to get a cash loan for a vehicle or vehicle-related expenses, it’s important to do your homework and be sure you understand the terms of your loan.
When deciding to get a cash loan for a vehicle or vehicle-related expenses, it’s important to do your homework and be sure you understand the terms of your loan.
