Small Loan

This one’s important - we only lend to customers who are over 18, are an Australian citizen or permanent resident, are employed and have no more than 50% of their income coming from Centrelink. If you don’t meet this criteria, we will not lend to you. Our expert team verifies all of these details before offering you credit.

On receipt of your application, our team looks into your financial history and makes an informed decision on whether you can afford the repayments. Just because you meet the above eligibility criteria does not guarantee you a loan offer if we feel it’s not right for you.

If you have been denied a Small Loan, this does not mean we won’t grant you one in the future when your circumstances change. We recommend allowing at least two weeks before applying again.

It only takes minutes to apply for a Small Loan. To make this process even quicker, gather your driver licence/passport and bank login deets. You’ll be pleasantly surprised how pain-free it is to apply.

Our establishment fee is 20% of the principal amount borrowed, and our monthly fee is 4% of the principal amount borrowed each month. As an example, for a $1,000 Small Loan over three months, you’ll be charged a $200 establishment fee and a monthly fee of $40 each month - sounds pretty manageable when you put it in real terms, right?

We’ve been experts in loans since 2005. We've got smart tech and smart people that have granted 1.7 million loans to Australians like you.

Once you've accepted your loan offer, your cash is transferred straight to your bank account within 60 minutes if you accept your loan by 4:30pm AEST on banking days*.

If you can't repay on time, it’s best to let us know as soon as possible as fees and charges may apply, see our Fee Statement for further details. If you’re concerned, contact our friendly customer service team immediately by calling 133 156 or emailing  repayments@nimble.com.au. The team will help you figure out your options.

For our Small Loans of $300 to $2,000, an APR (Annual Percentage Rate) doesn’t apply. These loans are fee-based only, so they don’t have an APR.

Nimble doesn't renew Small Personal Loans by rolling them over or by refinancing the loan, and therefore we don't charge renewal fees. If you’re looking for revolving credit, try our new product Nimble AnyTime (similar to a credit card, but better).

Loan terms for Nimble Small Loans range from 62 days to 9 months, depending on how much you’ve borrowed.

Absolutely! We want you to get on top of your debt as soon as possible, so we recommend paying us back as soon as you feel comfortable. If you want to make any extra payments or pay out your loan early please let our team know by calling 133 156 or writing to repayments@nimble.com.au.

Our team undertakes a credit check on every single new customer applying for a Nimble Small Loan. We may also undertake a credit check if you are a returning customer. If you are bankrupt, in a debt agreement or have multiple adverse listings on your credit file your application will be declined. But your credit history is not an automatic “yes” or “no”.

Your credit history is only part of the puzzle that makes up the decision making process in granting your loan. Our team has been in the biz for years and can see whether you have the financial stability to comfortably repay.