How to get a payday loan?

In today’s digital-first world most payday loans happen online. A payday loan application should be easy and relatively straightforward and most of them are but you should still do your homework when it comes to getting a payday loan.

The first thing you should do when looking for a payday loan is research. You need to be sure that the company you choose to borrow from has a good reputation. You need to consider what previous customers have said about things like transparency, unexpected fees, customer service and overall experience. A good and reputable company will have plenty of available reviews for you to read and get a better understanding of what you can expect when taking out a payday loan with this company. Nimble have reviews available on ProductReviews

At Nimble, applying for a loan is easy here’s a quick 3 step summary.

1. The application is simple and straightforward and it all happens online. You can apply on the go or from your home from any device - mobile, laptop or tablet. 

2. Following the above, you’ll get a decision.

3. If you're approved, 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.* 

Here at Nimble, we have been lending money in this space since 2004. Since then, we’ve granted over 1.5 million loans to Australians who found themselves in an unexpected and sometimes difficult situation. We’re trusted over and over again because we deliver on speed and our promise of easy application. We lend funds to you via our online application and make everything as easy as possible - we remove the traditional barriers that come with lending.

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.

Nimble members who have previously borrowed and repaid one or more loans in full may be eligible to apply for up to $10,000 in their Member Area.

For our Small 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 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 Personal 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.

*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