Need Money Quickly – Same Day Loans in Melbourne

Life is rarely straightforward, and when something comes up that needs you to stretch your finances, it is just one of those things you won’t have budgeted for it. Whether it is an unexpected vet bill for a beloved pet, or a vehicle breakdown – or even a last-minute bargain aeroplane trip that you just can’t miss – you can almost guarantee that it will happen before payday. That is where a same day loan in Melbourne can make a real difference – getting that cash you need, faster than you might think.

Nimble has been helping Australians just like you find the right loan for their needs since 2005 – and we like to think we have an option that could be considered as Melbourne’s best same day loan. Here at Nimble, we wanted to make accessing loans easier for everyday Australians, removing the roadblocks that traditional loan applications were known for.

The first thing we did was take away the piles of paperwork. In 2009, we pioneered paperless applications for our Australian payday loans. There is no need for all that unnecessary paper, so we streamlined the process and made the most of the technology we had available to help our customers get the loan they needed.

Of course, then there is always the problem of making an appointment to apply for a loan, usually in a bank. We decided that this also took too long, so we created ‘straight through’ applications in 2011 which, in many cases, meant there was no need for any human interaction in the process at all.

How Much Can I Borrow With A Same Day Loan in Melbourne?

Here at Nimble, we offer four types of loans, based on the amount you need to borrow and for what reason you are borrowing.

For those urgent bills, last-minute expenses and emergencies, a Small or Medium Cash Loan is available as a Same Day Loan in Melbourne. Offering amounts between $500- $5,000, the Small and Medium Cash Loans are a great option when you need financial help quickly.

Small and Medium Cash Loans require that you be an Australian citizen over the age of 18, employed and have less than half of your income from Centrelink. These are repayable over 13 weeks – 39 weeks for the Small Cash Loan and 7 months to 15 months for the Medium Cash Loan, depending on how much you borrow.

Each of these short-term money loans can be considered a same day loan in Melbourne – thanks to our smart technology we can make a decision on your loan application very quickly, the funds could be paid in as little as 60 minutes* once confirmed.

We Strive To Provide Melbourne's Best Same Day Loan

When you apply with Nimble you will have access to the exclusive Member Area where you can track your application, keep an eye on your repayment schedule, and see when your next payment is due.

Whether you are looking for a same day loan in Melbourne for an emergency, a car purchase, or to do some home renovations, Nimble is here for you and can help you get a fast loan now.

Compare Nimble Loans

Loan Feature Small Loan Medium Loan

Establishment Fee

20% of loan amount

$400 fee

Loan Amount

$500 - $2,000

$2,050 to $5,000

Costs

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

Application fee of $400 + 47.6158% p.a.

Comparison rate:** 65.6597% p.a.

Loan Terms

Loan terms 13 weeks to 39 weeks depending on the loan amount

7 months to 15 months

Timing

Both Nimble Small and Nimble Medium Loans are offered with fast approval and funds transfer*. You could receive your money within 60 minutes if your loan is confirmed before 4:30 pm on a banking day.

 
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.
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.
 
When you take out a Short Term Loan with Nimble, we have some general rules that will apply to everyone.
So you know:
  • You must be over 18 years and employed
  • You must have an active bank account
  • Your main source of income must not be Centrelink
*Customers generally have funds transferred within 60 minutes of signing their loan contract between 9:00 am and 4:30 pm AEST on business days. Clearance times are subject to your bank.

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.

**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. Nimble may not offer loans for these amounts over these terms. See our full Fee statement for fee details.

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.

*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

Connect & Follow