Nimble $5,000 Medium Loan review

Nimble Medium Loan

Nimble Medium Loan


47.62 % p.a.

Fixed rate


65.66 % p.a.

comparison rate

  • Borrow up to $5,000
  • Bad credit OK
  • SMS payment reminders
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100% confidential application

More info Go to site
What happens when I click Go to site?
  • Clicking Go to site will take you to your Online Application on the product issuer's website. You do not need to be an existing customer of this provider to apply.
  • Your application will typically take you no more than 10-15 minutes to complete
  • You'll be given a decision on your application from the lender and you could have the money in your account within 24 hours.
Click here to start your application >>

If you need to borrow a little more, Nimble lets you apply for up to $5,000 with the Nimble Medium Loan.

No matter what you need the loan for, whether it’s to pay a large bill or make a large purchase, you may want to consider a Nimble Medium Loan. You can apply for up to $5,000 online and have up to 2 years to pay it off.

Product NameNimble Medium Loan
Minimum Loan Amount$2,050
Maximum Loan Amount$5,000
Arrears Fee$15
Loan TermUp to 2 years
Turnaround time1 hour - conditions apply*
CostsApplication fee of $400 + 47.62% p.a.
Available to Centrelink Borrowers?No


  • Larger maximum borrowing amount
  • Loan terms Up to 2 years


  • High loan cost
  • Not available to Centrelink earners
  • 18+ Employed
  • Active bank account
  • Your main source of income must not be Centrelink

How does Nimble’s Medium Loan work?

Start by clicking "Go to Site" and submitting your application directly with Nimble. You can apply for up to $5,000. If your loan is confirmed before 4:30pm AEST on business days, you can receive your funds within 60 minutes directly into your bank account. Conditions apply.

There’s no need for you to remember to make payments, your repayments will be direct debited from your account on the day specified in your loan schedule. You can log in to the Nimble Members’ Area any time to manage your loan and check your repayments.

Features of the Nimble Medium Loan

If you apply and are approved for Nimble’s Medium Loan, you’ll have access to the following features:

  • Higher loan amount. You can apply for between $2,050 and $5,000 with the Medium Loan.
  • Longer repayment terms. Once you’re approved, you can select repayments to meet your budget. Terms are available Up to 2 years.
  • Automatic repayments. You won’t need to remember to make repayments. On the scheduled date, the repayment will automatically be direct debited out of your account. You’ll receive an SMS repayment reminder before the scheduled date.
  • Account management. You can manage your loan and check your repayments through the Nimble Member’s Area

How much does the loan cost?

Consider the following interest rates, fees and charges before applying for the Nimble loan:

  • An establishment fee of up to $400 applies
  • Interest rate of 47.62% accrues daily and is charged monthly in arrears based on the outstanding balance of your loan
  • A payment dishonour fee of $15 will be charged if there are insufficient funds in your account on the repayment date
  • A reschedule fee of $15 is charged each time a payment is rescheduled

What to consider before submitting your application

Before you apply, consider whether you can afford the loan. Use the Nimble website to get an estimate of your repayments and work out if it’s affordable on your budget. Also consider if you need the full amount you are applying for or if you could get by with a smaller amount.

Ready to apply? Here’s how

If you’re considering applying for the Nimble Medium Loan, click Go to Site to get your application started. Check you meet the below eligibility criteria before you begin:

  • You’re over the age of 18
  • You’re employed
  • Your primary income isn’t from Centrelink

Before you apply, make sure you have the following details on hand to complete your application:

  • Personal details. Your name, contact information and a form of ID.
  • Employment information. You need to indicate whether you are employed full-time, part-time or other.
  • Financial details. Your income, expenses and assets.
  • Banking information. You’ll need your Internet banking logins so Nimble can verify your financials.

If you’re in need of a larger loan, Nimble’s Medium Loan is one to consider. Make sure to compare it with similar products before you apply.

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8 Responses

  1. Default Gravatar
    SravanMarch 19, 2019

    Hi, I am looking for a loan of 4000$. I have bad credit. But now I have a full-time job and I also work part-time as well. I wanted to know if I am eligible. I m pretty sure my bad credit file might hold me back. I recently cleared a loan amount of 1700 with another financial organisation. Would that help my application? I am in urgency for funds.

    • Avatarfinder Customer Care
      JoshuaMarch 20, 2019Staff

      Hi Sravan,

      Thanks for getting in touch with Finder. I hope all is well with you. 😃

      Yes, it is possible for you to get a loan even if you have bad credit. Please go to this page. On that page, you will learn how to be approved for a $4000 loan with bad credit. Moreover, that page has a table that you can use to compare lenders based on maximum loan amount, loan term, costs, and others. After you are done comparing, you can then click on the “Go to site” green button to learn more or initiate your application.

      Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision. Moreover, check the eligibility requirements as well and consider whether the product is right for you.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  2. Default Gravatar
    KristianAugust 23, 2017

    Hi , I would like to know what the minimum repayments for a $3000 loan would be as I am coming into a inheritance in the next 6 months thanks

    • Avatarfinder Customer Care
      HaroldAugust 23, 2017Staff

      Hi Kristian,

      Thank you for your inquiry.

      Typically, minimum loan repayment based on the loan amount will be provided by your lender. Should you need to further discuss this matter you can contact them here.

      I hope this information has helped.


  3. Default Gravatar
    JacquelineNovember 25, 2016

    My loan was unsuccessful as my employer pays me by cash not into my acct is there another way I can apply with proof of income?

    • Avatarfinder Customer Care
      MayNovember 25, 2016Staff

      Hi Jacqueline,

      Thanks for your question and I’m sorry to hear about the rejection of your application.

      Generally, lenders would require you to provide proof of your income source to assess your financial position and your ability to repay the loan. Usually, for applicants who are paid in cash, banks or lenders would consider them as having an unstable employment.

      For a chance to be accepted, you may have to provide an evidence of all your income plus endorsements from your employer. Depending on the state you live in and the tax regulations, you may or may not be required to pay tax. So having that income record in your tax, it will also mean that you can have the documentation to show to the lender. Please refer to this guide for credit when paid in cash, which might be useful.

      Also, before submitting any application for a credit, make sure to review the eligibility criteria and requirements so that you would know if you qualify for the loan or not.


  4. Default Gravatar
    Britt-IngerJuly 13, 2016

    Are you giving loan to swedish citizens living in sweden. It isa emergency

    • Avatarfinder Customer Care
      ElizabethJuly 13, 2016Staff

      Hi Britt-Inger,

      Unfortunately Nimble only provides loans to current residents of Australia. You’ll need to contact a lender in Sweden if you’re in need of a loan.

      Sorry I couldn’t be of more assistance,


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