How to get a cash loan

Getting a cash loan doesn’t need to be hard work. These days, it’s usually paperless and applications tend to happen online. Applications should be swift and easy to use, with no hoops of fire to jump through.

At Nimble, we’ve been lending to Australians since 2005 and we’ve granted over 1.7 million loans. That’s pretty impressive, right? We became a household name because we removed the obstacles associated with traditional lending. We were the first company in Australia to offer paperless applications! We wanted to make things easier for our customers when they were financially stressed, and that’s exactly what we did. 

So, how does a Nimble application work? It’s pretty straightforward. You can apply on the go or at home – and best of all you can use either your mobile, laptop or desktop. 

Here’s an overview of how it all works.

1. Firstly, we ask you to tell us how much you would like to borrow and for how long. This gives you the ability to personalise your online loan. The objective here is that your loan will work for you around your terms. Following this, we check your employment and identity – it’s super straightforward. You don’t need to upload any documents and everything happens online. 

2. We then ask you to securely login to your bank so we can evaluate your recent bank transactions. We do this because it’s a straightforward way to understand your financial history. 

3. Then, you will find out a decision on your loan. If your application is successful, your money will be with you in a short time frame. If you're approved, you can be paid within 60 minutes of confirming your loan when you confirm your loan by 4:30 pm AEST during banking days. Depending on your bank, you may be paid within minutes of confirming your loan 7 days a week, including public holidays.*

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.

For our Small Personal 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 Medium 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 Medium 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. For our Medium Loans between $10,500 and $25,000, the Annual Percentage Rate (APR) is 29.99% (Comparison rate 29.99%) 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.

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