Do payday loans show on credit report?

A responsible lender may run a search on your credit history before offering you a loan. At Nimble, we consider your credit report as well as recent financial history and employment status as factors when deciding on your loan suitability. When a credit check is conducted on you, this will show on your credit report.

You should know that we do everything we can to ensure we can accommodate a change of circumstance for you. 

If you do encounter financial difficulty we encourage you to contact us as soon as possible to avoid encountering further issues. We will work with you to try and create a solution if possible, but we need time to be able to do so. If you know or think you won't have sufficient funds in your bank account to cover your repayment, we ask that you contact us immediately by calling 133 156 (during business hours) to stop the direct debit. By advising us ahead of time, you may avoid the payment dishonour fees imposed by your bank.

There are repercussions should we be unable to work out a plan with you. Should you miss a payment and we can’t reach a repayment agreement, Nimble can record it on your credit file. If we aren't able to collect the money, your account could be escalated to an external collections partner for recovery. This type of lending behaviour can damage your credit history for a significant amount of time, depending on the type of negative information recorded filed in your credit file.

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.

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