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Testimonials



What to expect when applying for a
Nimble Personal Loan

1. Tell us what you need

You decide how much you want to borrow and for how long

3. Connect to your bank

You connect to your bank and our smart tech runs through your data, doing all the hard work for you

5. You're on the way

Once your loan has been confirmed, your loan will be in your bank account in under 60 minutes*

2. Tell us who you are

You supply us with some pretty run of the mill information on your identity

4. Verify income & expenses

Our smart tech identifies your income and expenses and you confirm

Nimble Personal Loan



About Nimble

FAQs

How much can I borrow?

Our Personal Loan allows potential borrowers to borrow from $5,000 up to $10,000. You select the amount you need and your circumstances will be assessed to determine how much you can borrow.

Loan term; how does it work?

Your loan term is the term in which you will pay off the entire loan. You will be given a payment schedule that you will be required to pay over the course of your loan term.

What’s the approval process?

After you’ve applied online, we’ll be in touch with a decision about your loan application.

Why have I been declined?

There is no “one size fits all” reason for not making it through our application. Every application is different and we’re sorry if you weren’t successful this time but if your circumstances change, please feel free to apply again.

Does Nimble do a credit history check?

Yes, like all responsible lenders, we will run a credit history check. However, this is generally not used as a sole decision maker when it comes to your Personal Loan. We will check your recent bank statements to get a better understanding of your current financial history and we’ll use this information and consider other factors when making a decision on your loan.

How much will it cost?

Our Personal Loan potential borrowers can borrow from $5,000 to $10,000. Your personalised interest rate will depend on a number of factors. Please see our fee statement which outlines the fees and charges applicable to a Personal Loan with Nimble.

What happens if I repay early?

It’s simple! You may make additional payments to prepay all or part of the balance at any time. If you prepay part of the balance early, the amount of the repayments set out in your loan offer and their due dates remain unchanged unless we agree to change the repayments. If you prepay the entire balance, you must also pay us any accrued interest, fees and charges not yet debited to your loan account, enforcement expenses and any applicable early repayment fee set out in the loan offer.  See fee statement for more information.

Can I BPay?

We currently don’t offer BPay. You can call us and we can schedule a direct debit for you or you can make a payment from a debit card on the phone.

What if I can’t repay on the due date?

There are costs associated with missing a payment. This will lead to us charging a late fee and a dishonour fee which will be outlined in your loan offer.  Please see here the fee statement.

How do I pay loan repayments?

Your loan repayments will be automatically debited from your bank account on a date that you have agreed to throughout the application process. This bank account must be an Australian bank account and must be in your name.

When will I get my money?

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.

Lending criteria, fees, terms and conditions apply. Commbank and existing Nimble Visa Prepaid Card 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 9:00am and 4:30pm AEST on business days. Clearance times are subject to your bank. close

Lending criteria, fees, terms and conditions apply. Customers generally have funds transferred within 60 minutes of signing their loan contract between 9:00am and 4:30pm AEST on business days. Clearance times are subject to your bank. close

This fee covers the cost of setting up your loan. It is added to your loan amount, and paid off with the loan. close

Payable if an amount due is not received within 5 days of the due date and then every 30 days until the payment is received in full. close

Payable each time a payment to us under your direct debit or other payment authority is dishonoured. close

Payable each time you request us to vary your loan (e.g. term extension or change to the repayments). close

Payable when the loan term is greater than 2 years but the loan is paid out in full in less than 2 years. close

Payable for each copy of any document you request. close