How to get a cash loan without a bank account?

If you’re asking the question ‘Can I get a cash loan without a bank account’, then the answer is no – you cannot get a cash loan without a bank account. The simple reason is that a bank account is required in order to deposit funds into your account. You should take caution when dealing with any company that is willing to lend you cash without a bank account, as it is possible that this company may not be reputable.  A reputable company will use your bank account to transfer funds and, if they do their due diligence, they will also look at your bank statements to best understand your current financial situation. 

It’s a great sign if a company asks to look at your recent financial history via your bank statements, as this is a good indication that they are lending responsibly . Responsible lending works in favour of both the customer and the company, and this is what we do at Nimble. We do this because checking your banking history allows us to evaluate your current finances and decide if we can comfortably lend to you.

We’ll ask you to login to your bank, and will then evaluate your recent finances whilst you are doing your online application. We also enable you to personalise your loan in the early phases of your application – we give you the power to decide how much you want to borrow, and the period of time you would like to borrow for. All of this means that you are in control of your cash loan. 

Once we’ve evaluated your recent bank statements and gone through your application, we’ll come back to you fairly quickly with a decision. We’ll let you know if you’ve been successful and, if so, for how much and for how long. Your loan is paid directly into your bank account via bank transfer. Once approved, you’ll have the money in under an hour (if confirmed before 4.30 pm AEST during banking days).*

The information on this website is general in nature and does not take into account your objectives, financial situation or needs. Terms, conditions, fees and charges apply, and are subject to change. Applications are subject to Nimble’s credit approval criteria. Redraw not available.

Nimble members who have previously borrowed and repaid one or more loans in full may be eligible to apply for up to $10,000 in their Member Area.

For our Small Loans of $2,000 or less, an APR (Annual Percentage Rate) doesn't apply. These loans are fee-based only, and so they don't have an APR. The establishment fee is 20% of the amount borrowed and the monthly fee is 4% of the amount borrowed.

For our Personal Loans between $2,050 and $5,000, the Annual Percentage Rate (APR) is 47.6158% (Comparison rate 65.6597% p.a.) and there is a $400 Establishment Fee. For our Personal Loans between $5,050 and $10,000, the Annual Percentage Rate (APR) is 47.6158% (Comparison rate 47.6158%) and there is no Establishment Fee.

*Funds will generally be transferred within 60 minutes of the loan contract being signed between 9:00 am and 4:30 pm AEST on business days. Clearance times are subject to your bank.

Warning about borrowing