Payday Loans

In 2018, the average amount we lent was $812 and people used us for a range of things from booking their dream holiday to emergency repairs on their home.

Two words that make some people grind their teeth. Let’s face it, the term Payday Loans doesn’t exactly have a good reputation. People associate this term with loan sharks, gangsters, hidden fees, and ever-changing terms and conditions.

The truth is that for companies like us - we’re very much the opposite of that. We are transparent about all of our fees, always. We’ve also been around since 2005 and only going from strength to strength, so we’ve done something right!

What is a Payday Loan?

This type of loan is sometimes called a payday advance, salary loan, or small-dollar loan. It's a small, short term unsecured loan. The name is thought to be associated with these types of loans relying heavily on previous payroll or employment records. So if you remove the general fear associated with the term, it’s just another word for Cash Loan or Short Term Loan. People use these loans when they simply haven’t managed to make their budget management work that month or around that time.

What is the Nimble Payday Loan offering?

At Nimble, we take a look at your income and expenses to make a decision on how much we think you can comfortably borrow. This does include looking at your transaction history, and we do this super quickly and securely with a no-fuss approach. So we can tell you a little about our loans, we’ve created this handy little table below that gives you an overview of our 2 loan types so you can compare Nimble Loans.

Compare Nimble Loans

Loan Feature

Small Loan

Personal Loan

Establishment Fee

20% of loan amount

For loans $2,050 to $5,000: $400

For loans $5,050 to $10,000: $0

Loan Amount

$300 - $2,000

$2,050 to $10,000


20% of loan amount + 4% of loan amount each month

For loans $2,050 to $5,000:

Establishment fee of $400 + 47.6158% p.a. Comparison rate: 65.6597% p.a.**

For loans $5,050 to $10,000: Comparison rate: 47.6158% p.a.

Loan Terms

62 days to 9 months depending on the loan amount

62 days to 23 months


Both Small and Personal Loans are offered with fast approval and funds transfer*.

Please see our full Fee Statement for fee details. If you reschedule your repayments after you confirm your loan, additional fees and charges may apply.

It’s useful to have an understanding of the costs and features associated with each of our Nimble Loans. It’s also good to have an idea of how each one works, so we’ve given you some more information on these types of loans below.

The Nimble Small Loan, is this a Payday Loan?

Yes! Just like the Nimble Loan, this unsecured loan is considered a Payday Loan, a Short Term Loan or a Cash Loan. There are many different names given to this type of loan, but largely they all mean the same thing.
This type of loan can help you out with the little things you just didn’t anticipate.
As in the above table, we’re always transparent about our costs and how we work. The Nimble Small Loan amounts range from $300 to $2,000 and the loan term is 62 days to nine months.
  • We’re fast with this type of loan as we are with all our loans. 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.
A great benefit of both loan options is the online Member area. You can log in here to check on your loan status, find out when your payments are due and keep an eye on your payment plan.
  • Providing fast Payday Loans doesn’t mean we aren’t here for a chat if you need us- we don’t compromise on our customer care. With this type of loan, and our other Nimble Personal Loans, you can reach out to us at any time. We are easy to contact, and our call centre is based in Australia so we’re always here if you need help with your Nimble Loan.

The Nimble Personal Loan, is this a Payday Loan?

No! It's similar to a Nimble Small Loan, but does not classify as a payday loan. Here's how it differs:
  • It shouldn’t be shocking to learn that this type of loan gives you access to a larger loan amount. The Nimble Personal Loan allows you to apply for between $2,050 and $5,000
  • Because you are now borrowing larger amounts of money, this means you’ll have a longer repayment term. Like in our smaller loan offering, you can now select repayments to meet your budget and needs. We have terms available for up to 23 months. Loan terms vary depending on your individual circumstances.
  • You’ll still have access to your online Member Area where you can log in to manage your loan and keep up to date with your repayment plan.

How can I get a Payday Loan from Nimble?

Well, it’s all very easy if we do say so ourselves! And we built it to be this way - to be as easy to use as possible and so that you could apply from any device - laptop, tablet or mobile.
Step One Having done your homework on the types of loans available to you through Nimble, it’s now time to decide how much money you’d like to borrow and for how long. Just login and begin!
Step Two Next, we’ll have you some pretty basic questions about your identity, and we’ll ask you about your income and expenses.
Step Three Once we’ve verified your details, most people will get an answer within minutes. Your loan is paid directly into your bank account via bank transfer. Once approved you could have the money in under an hour (if confirmed before 4.30pm AEST during banking days).*
Nimble Payday Loans

When you think about payday loans in Australia, do you envision back alleys and dodgy storefronts, with gangsters coming after you for a late payment and loan sharks hitting you with hidden fees? You're not the only one with that vision, but the reality of payday loans online with Nimble is completely different. Since 2005, we've been focused on offering some of the best payday loans in Australia, and our growth is a true, homegrown Aussie success story.

Payday Loans Australia: The Nimble Difference

We think getting quick approval for payday loans should be the norm, not the exception. We think payday loans for anyone who needs it should be straightforward, fair, and fast.

Clear Terms

You always know what you're getting with Nimble. All our fees and terms are laid out clearly in language that normal people use. Once you have your loan, you can be sure the terms will never change unless you choose to change them yourself. If you ever have a problem, question, or concern, it's easy to reach us by phone or online.

A Fast Process

When you decide you need the kind of payday loans direct lenders like Nimble can offer, getting online and applying is simple. You simply connect with us online from your own computer and device, and we take a look at your regular income and expenses. We can tell quickly whether we can get you a loan and how much, and if we're able to process the application by 4:30 pm on a banking day, you can usually get your money within 60 minutes.

Instant Payday Loans Online in Australia

Some of the concerns people have about the term "payday loan" come from the word "payday" itself. In the old days, these loans were basically an advance on a person's next paycheck, and the whole loan would have to be paid off, plus interest, as soon as the next month's paycheck came through.

That's not the way we do things at Nimble. A "payday" loan is simply a quick cash loan online. You don't have to repay the whole thing on your next payday, and you choose which day of the month your repayments are processed. With Nimble fast loans, you can pay back the loan between 62 days and 9 months depending on the loan amount for a small loan and between 62 days and 23 months for a personal loan. You choose the schedule when you apply.

Choosing Your Loan

For all our quick loans, you're eligible to apply if you're employed, have an active bank account with online banking, and are over 18.

How Much Do You Need?

Before you apply for any loan, it pays to sit down and figure out exactly what you need. You don't want to miss something and borrow too little, but you also don't want to overestimate what you need and pay interest when you don't have to. If you need an emergency loan, for example, here are some questions to ask yourself:

  • How much income do I have coming in from all sources?

  • What exactly are my non-negotiable expenses, like rent and food?

  • After I use any spare income and savings, how much is the shortfall?

  • How much can I afford in repayments?

Small Loans

The Nimble Small Loan is a great option for those unexpected debts like a vet or dental bill, car repairs, or a temporary uptick in regular expenses. The small loan can be anywhere from $300 to $2,000, with an establishment fee of 20% of the loan amount.

Personal Loans

The Nimble Personal Loan is for those larger needs like a wedding, larger medical bills to cover, or when you need a new roof. These loans are from $2,050 to $5,000.

Getting Approved

In most cases, we can get your money to you within 60 minutes of confirming your application when it's all finished before 4:30 pm on a banking day. If you apply outside of business hours, we'll always get back to you as fast as possible: the next business day, in most cases. We're responsible lenders at Nimble, and our job is to make things easier for you, not harder! That means we'll only loan you what it's clear you can afford to pay back. It also means that while we will run a credit check, it's not the only criteria we consider, and we take the time to understand why your credit is the way it is.

Setting Up Repayment

When you choose your loan and apply, you select repayment amounts that fit your budget and choose the date each month that works best for you to repay. Then we set up a direct debit on your account so you never have to worry about remembering the right date or find yourself stuck because a payment didn't go through. We'll send you a reminder email the day before so you can be sure you have the funds you need in the account.

If you ever need to change your repayment schedule, simply call us at 133 156 to discuss your repayment options and see how you can avoid fees. If you find you're able to pay off your small or medium loan early, great! We're thrilled, and we never charge you fees for paying these off early.

Getting Your Next Loan

We're here when you need us at Nimble, and if you've paid off one loan and are ready for another, we're happy to get it done through the same quick process as the first time. Once we've confirmed that your final payment on a loan has cleared, you're free to apply again. We consider each loan application separately and always take the same care with each application.

Nimble's Payday Loan Online: Servicing All of Australia

When you need fast cash, visit Nimble right away for an easy online application process and a quick decision. Our online loan options are for everyone in Australia, so whether you're looking for payday loans in Sydney or payday loans in Perth, or even an online pensioner payday loan, all you need is an Internet connection to reach out to Nimble.

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. 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. Depending on your bank, you may be paid within minutes of confirming your loan 7 days a week, including public holidays.

**The comparison rate for loans between $2,050 and $5,000 is based on an unsecured loan for an amount of $2,500 over 2 years and a $400 establishment fee, and the comparison rate for loans between $5,050 and $10,000 is based on an unsecured loan for an amount of $10,000 over 3 years and a $0 establishment fee.

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

#Nimble AnyTime is a Continuing Credit Contract. As long as you pay on time each month, you'll have access to your available balance continuously, without the need to reapply. Usage of the Nimble Anytime Virtual Mastercard is subject to the Nimble AnyTime terms and conditions. Clearance times on cash advances are subject to your bank and the time of your request.

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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.

Warning about borrowing