Question
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Does an APR apply to Nimble?

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.

If you get our Medium Loan, where the principal amount you borrow is between $2,001 and $5,000, your repayments will include the principal amount you borrow from us, plus the establishment fee and interest charges based on the APR of 47.6158%. A comparison rate of 65.6597% p.a. applies to our Medium Loans.*

*This comparison rate is based on our Medium Loan for an amount of $2,500 over 2 years and a $400 establishment fee.

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Nimble does not offer loans for $2,500 over a term of 2 years.

See our full Fee Statement for fee details.