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A Nimble Medium Loan offers up to $5,000 online with up to 22 months to pay it off.
$5,000
Maximum loan amount
1 hour
Turnaround time
conditions apply*
up to 22 months
Term of loan
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Product Name | Nimble Medium Loan |
---|---|
Minimum loan amount | $2,050 |
Maximum loan amount | $5,000 |
Arrears Fee | $15 |
Loan term | up to 22 months |
Turnaround time | 1 hour - conditions apply* |
Costs | Application fee of $400 + 47.62% p.a. |
Available to Centrelink Borrowers? | No |
If you're struggling financially and would like to speak to someone for free financial advice, information and assistance you can call the Financial Counsellors hotline on 1800 007 007 (open from 9:30am to 4pm, Monday to Friday). If you are suffering financial problems related to the coronavirus pandemic you may be eligible for additional support. Find out more here: https://www.finder.com.au/coronavirus-financial-help
Do you really need a loan today?*
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.
* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
Customers can apply for a loan by visiting the Nimble website and submitting their application directly. Eligible individuals can apply for up to $5,000. If their loan is confirmed before 4:30pm AEST on business days, they can receive their funds within 60 minutes directly into their bank account. Conditions apply.
Repayments will be direct debited from a nominated bank account on the day specified in the loan agreement schedule. Customers can log in to the Nimble Members’ Area any time to manage their loan and check their repayments.
Nimble's Medium Loan's include the following features:
Consider the following interest rates, fees and charges before applying for the Nimble loan:
Before applying, customers should consider whether or not they can realistically afford the loan. Prospective applicants can use the Nimble website to get an estimate of their repayments and work out if it’s affordable on their current budget. They should also consider whether they need the full amount that they are applying for, or if they could get by with a smaller amount. Remember, if the loan recipient is unable to make repayments at any stage there will be additional fees added that will make their financial issues worse.
For those considering applying for the Nimble Medium Loan, head to the Nimble website to get an application started. All applicants should check that they meet the below eligibility criteria before they begin. Applicants need:
Before someone applies, they should make sure that they have the following details on hand to complete their application:
Make sure to compare this loan with similar products before submitting an application.