Weekend Loans

In 2018, the average amount we lent was $812, our customers used us for a range of things from booking a trip away to spending time at home making emergency repairs.

By the time the weekend comes round, most of us have put in a 40 hour week at work. Then there’s all that comes after work – exercising, cooking, kids, school run, seeing friends and family – is there enough time in the day for anyone? You’ll hit Friday and be ready for a break. That break might mean a trip, an adventure or some retail therapy.

A Weekend Loan could really come in handy for you and, at Nimble, we’re all about handiness when it comes to loans.

What is a Weekend Loan?

Simply put, a Weekend Loan is just another term for a Cash Loan. As you can imagine, the person seeking a Weekend Loan is likely to need the loan for the weekend. That could be anything from a weekend away to funds required for a long weekend spent renovating. We call these loans all sorts of names - Payday Loan, Short Term Loan, Fast Loan etc.

The truth is, whatever the purpose, the fundamentals remain the same. With Nimble, your Weekend Loan will fall under one of two types of loans - a Nimble Small Loan or a Nimble Medium Loan. We’ll tell you all about those options to help provide some clarity.

Weekend Loans with Nimble

As mentioned above, there are two types of loans available with Nimble. To help you make a decision on which one would be most suitable for you, we’ve created the below table.

Loan Feature Small Loan Medium Loan

Establishment Fee

20% of loan amount

$400 fee

Loan Amount

$300 - $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

62 days to 9  months depending on the loan amount

62 days to 22 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*.

 

^This comparison rate outlined on this page 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. If you reschedule your repayments after you confirm your loan, additional fees and charges may apply.

Here is some information on each loan and the advantages of using this type of loan for your consideration.

Small Weekend Loan

Something crop up? Simply don’t have the funds at the moment to make it stretch? A Small Nimble Loan is commonly used to help with things like this. The Small Loan amounts range from $300 to $2,000 and the maximum loan term is 62 days to 3 months.

Here are some advantages to this type of Weekend Loan:

  1. Speed is always the name of the game with a Nimble Loan so, if you need a Small Loan quickly, we’ll always deliver on this. You could receive your small loan within 60 minutes* if your loan is confirmed before 4:30 pm on a banking day. So you can get your Weekend Loan just in time for the weekend!

  2. We don’t skip on customer care when it comes to a Small or Medium Nimble Loan. You can reach out 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.

  3. When you need a Weekend Loan, you are likely to want things to be quick and easy. You don’t need to worry about that with your Nimble Member Area - an area designed specifically for you and all your loan update needs.

Medium Weekend Loan

A Medium Loan can help with bigger costs. As you can imagine, this type of loan is a little bit different in terms of both purpose and conditions of the loan agreement, but the advantages are similar.

  1. Regardless of the amount of money, we don’t compromise on our promise to get your Weekend Loan to you quickly.

  2. You’ll have a longer repayment term with a larger sum of money but you can continue to utilise your Nimble Member area where you can keep up to date with your repayment schedule.

  3. We’re still here for you, and you can call us anytime you need to!

How can I get a Weekend Loan?

With all Nimble Loans, we make things as easy and as hassle-free as possible. We are built to be accessed from anywhere and from any device - laptop, tablet or mobile. Our application process is designed to be completed online, you don’t need to speak with anyone or worry about filling out lots of paperwork. You decide how much money you’d like and for how long. After the application process, we’ll give you a super speedy answer and, once approved, you’ll get your money within 60 minutes*.

Once you get your Weekend Loan, you might want to consider some of these top tips from the people who know loans best!

Plan, plan, plan It doesn’t have to be a large detailed excel sheet, it might even be some rough calculations and notes on your phone. Whatever you decide to do, planning how to make your loan work and planning for your repayments is important.

Got a question? Just ask If you don’t want to call us, but you want some more information that you can’t locate in your Member Area or contract, then no worries! Just send us an email at customercare@nimble.com.au or reach out on Facebook, and someone will get back to you.

Track your spend! There are heaps of free apps available that will help you automatically track your spend. Make sure that you’re budgeting efforts are not wasted and take the hard work out of tracking by utilising one of these free apps.

*Commbank customers are transferred funds within minutes of confirming their loan, 24/7. Customers of other banks or financial institutions, 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.

Look No Further For Quick Loans on Weekends

It is a fact of life that when you need cash for an emergency, you might not be able to wait until a weekday.

Traditionally, it was impossible to get quick loans on weekends – especially if you had to apply in person in the bank. Reams of paper, countless signatures, and you wouldn’t necessarily get an answer the same day.

Since 2005, Nimble has been making access to money easier for those who need it. We have funded over 1.6 million loans since then, for everything from car breakdowns and unexpected vet bills, to car purchases. We were the first Australian company to offer paperless applications in 2009, and in 2011 we perfected a straight-through application process that required no human interaction. Then, in 2013 we began making payments every day, not just Monday to Friday – which we think makes us the best place to get same day weekend loans. Depending on who you bank with, you may even have access to your funds over the weekend.

Nimble offers several loan types with great rates and charges, and we pride ourselves on being transparent throughout the application process. We want to make sure that you get the right loan amount, at the best possible interest rates, with repayment terms that suit you and your affordability. With an Australian-based call centre working over the weekend, and a wealth of information at your fingertips on our website, we want you to feel confident to apply for small weekend loans with us.

Choosing the Right Loan for Your Weekend Needs

Firstly, let’s talk about what you need the loan for. Is it an unexpected vets bill, or a car breakdown? You may only need a small amount of cash, but if payday isn’t until next week, finding immediate funds might not be easy.

A Small Cash Loan of $300- $2000 would be perfect for you. We charge a 20% establishment fee, and then 4% of the principal each month – and you can repay from 62 days to 9 months, depending on circumstances.

If you are looking to make a purchase, for rental bonds, or a last-minute holiday, then you may need a Medium Cash Loan. With loan amounts from $2050 - $5000, the Medium Cash Loan has an establishmentfee of $400. The repayment term is anywhere between 62 days and 22 months – depending on circumstances.

To qualify for application to receive a Small or Medium Cash Loan, you must be over 18, an Australian resident, employed, not bankrupt and have no more than 50% of income from Centrelink.

For bigger purchases, we also offer quick and easy personal loans up to $25,000 and a quick car loan online up to $50,000.

Our Same Day Weekend Loans Are Here When You Need Them

We are proud to have approved over 1.6 million loans over the last 15 years. We have helped people to buy their dream car, pay unexpected bills and go on holiday with our weekday and weekend loans.

Whenever you need a quick and easy way to get a quick payday loan online, think of Nimble – we are designed differently, we have reimagined lending to make money available in as little as 60 minutes* once confirmed. In our modern lives, we have an expectation that everything should be done at the touch of a button – so why not loans, too?

Choose Nimble and get a quick loan today*!

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 a good idea to consider how much money you think you’ll need before applying for your loan. This way you can make sure you get what you need and you don’t borrow in excess. There are some other things to consider when applying for your loan, so you know:
  1. Your main source of income must not be Centrelink.
  2. You must be over 18 years and employed.
  3. You must have an active bank account with internet banking.
*Commbank customers are transferred funds within minutes of confirming their loan, 24/7. Customers of other banks or financial institutions, 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.

FAQs

Being on Centrelink does not automatically rule you out of eligibility when it comes to applying for a short term cash loan. To be eligible for a Nimble loan, you do need to be working though. If you're dependent on Centrelink benefits, we will review your application to see if a Nimble loan is right for you.

Depending on your circumstances or even if you have bad credit or a default on your file, you may still be eligible for a Nimble loan.

We take many factors into consideration when we assess your loan application, including your current situation, whether you are steadily employed and what other money you owe.

We understand your past may not be who you are today so if you have a black mark on your credit history, we may still be able to help.

Our costs are crystal clear. Everything you need to know about Nimble cash loans is in plain English and big print. You know upfront exactly what the costs are and there are no sneaky, hidden fees to worry about.

Transparency is one of our core values, and we want you to be 100% confident that you've made the right choice when you apply for a fast cash loan from Nimble.

Feel free to reach out if you have any questions and call us on 133 156, or connect via email - customercare@nimble.com.au