It is not a bank’s general practice to offer payday loans. Payday loans are generally offered by lenders like Nimble who specialise in the payday loan offering. We started Nimble and our payday offering because we felt that banks weren’t lending to people who didn’t meet certain credit criteria. It wasn’t an inclusive process. We wanted to do things differently and lend to people who didn’t meet the traditional, often high, and largely unattainable lending criteria. And that’s how Nimble started.

Back in 2004, we decided that we wanted to remove the traditional barriers that came with lending and create a new and easy way to lend. We started with our application - we knew it had to be vastly different from the way that banks operated. We wanted things to be quick, easy and straightforward, with no hoops of fire to jump through. Our application process was designed to meet these needs - we don’t ask you to upload anything or fill out any paperwork. We ask you straightforward questions that won’t take you long to answer and when you’ve finished application, we’ll get a decision to you quickly. 

In addition to making our application vastly different from the traditional banking norms,  we wanted to include speed in the delivery of our loans. If you're approved for a Nimble loan, you get 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.* We did this because we knew that when you need money, it’s likely that you need it quickly and we wanted to deliver on both speed and ease for our customers. Financially challenging times are difficult enough without having long waiting periods adding to the stress of your situation.