Are there any good payday loans companies?

Yes! There are plenty of good, reputable payday loan companies. It’s no secret that the term “payday loan” can come with negative connotations. Lots of these are largely pushed by media tales and hype that is not always accurate. In the same way that you may have heard a horror story about a rip off travel agent, you would not then think that all travel agents are bad. You should apply this train of thought to payday lenders.

So, how can you tell the good loan companies from the bad? Well, reputation is a great place to start. How long has the company been operating for? At Nimble, we’ve been going strong since 2005 and we’ve granted over 1.5 million loans - people know us and trust us because we’re a household name. We encourage our customers to leave us reviews on platforms with ProductReview.com. You can get first-hand information on how customers felt when they took out a loan with us here - from things like transparency to speed, you’ll get a good overview. 

In addition to key factors like transparency and price, our customers often talk about how pleased they were with our customer service experience. Our customer service team are based right here in Australia so you can reach us when you need us most. There are so many benefits to lending with Nimble - perhaps most notably it’s our speed that our customers appreciate. At Nimble, we offer fast approval and funds transfer.* You could receive your small loan within 60 minutes if your loan is confirmed before 4:30 pm on a banking day.

However, it’s not just the application and the receiving of your loan that is hassle-free for our customers. In addition, it’s easy to manage your upcoming payments and stay in the know. Our customers can log in to the Member Area and check on their loan status, find out their payments are due and keep an eye on their payment plan. Things at Nimble are hassle-free from start to finish!

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.

Warning about borrowing