What do we mean by "confirm your loan"?

Once you're approved for a Nimble loan, you'll get to set up the loan by selecting your loan amount, repayment frequency, first repayment date and your repayment amount.

When you're happy with your customised schedule you're ready to confirm your loan. We'll show your loan contract and any other relevant information. As soon as you agree to all the T&Cs and click "I Agree" you've confirmed your loan, then your money is sent to you.

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.  

Warning about borrowing