Finder makes money from featured partners, but editorial opinions are our own.

Nimble Small Loan

Nimble Small Loan have quick turnaround times and are easy to apply for but feature short repayment terms and high fees.

No reviews yet. Write a review

Are you struggling financially?

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.

⚠️ Warning about Borrowing

payday-warningDo 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:

  • For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor
  • Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
  • If you are on government benefits, ask if you can receive an advance from Centrelink: Phone: 13 17 94

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.


Nimble Short Term Loans

Establishment fee (now 20% of the loan amount) and monthly fee (now 4% of the loan amount)
Nimble offer a fast and easy online application. You can apply today to get approved for up to $2,000.
  • Loan amount: $2,000
  • Loan term: 62 days to 9 months
  • Turnaround time: 1 hour - conditions apply
  • Fees: 20% of loan amount + 4% of loan amount each month
  • Quick and easy Approval
Nimble Small Loan
  • Borrow up to $2,000
  • 100% online application
  • SMS payment reminders
Go to site More info
1 - 2 of 2
Name Product Maximum loan amount Term of Loan Turnaround time Arrears Fee Costs Fortnightly Repayment (for $1500 Loan)
Nimble Small Loan
62 days to 9 months
1 hour - conditions apply
20% of loan amount + 4% of loan amount each month
A loan up to $2,000 with terms up to 62 days to 9 months. Centrelink cannot be your primary source of income.
Nimble Medium Loan
62 days to 48 months
1 hour - conditions apply*
Application fee of $400 + 47.62% p.a. for $2,050 to $5,000
Apply for up to $5,000 and have up to 48 months to repay.
Please note: Nimble Visa prepaid card is no longer available.

How do Nimble Loans work?

Nimble offers loans of between $300 and $2,000. The loan terms vary but will be between 62 days to 9 months.

What is the interest rate on a Nimble Small Loan?

The interest rate on a Nimble Small Loan is represented by the fees you are charged. You will be charged 20% of your principal loan amount as an establishment fee and 4% of your principal loan amount as a monthly fee. This makes up the "interest" you pay on your Nimble loan. The longer you hold the loan and the more money you borrow, the more fees you will be charged

Is Nimble safe?

Nimble is an Australian-based lender that has been operating in the short-term loans space since 2005. Nimble offers assistance via email, social media channels and over the phone to answer any questions.

Pros and cons

  • Straightforward application process. Nimble's Small Loan application takes just a few minutes and eligibility criteria is flexible.
  • Potential for fast approval and funds transfer. Nimble loans offer quick, online approval and you could receive your money within 60 minutes if your loan is confirmed before 4:30pm on a banking day.
  • Flexible loan terms. Loan terms ranging between 62 days to 9 months.

  • Potential for high fees. These types of loans can have much higher fees for borrowing when compared to other personal loans, including late payment fees and more. This makes it important to carefully compare options before deciding whether or not to apply.
  • Your repayment term is limited. Your repayments are based on your pay frequency and are not as flexible when compared to other loan providers. Generally you have to have the Nimble Small Loan repaid within a short period, with a maximum loan term of 274 days.
  • Not available to Centrelink recipients. You can't access a Nimble loan if you are getting welfare payments from Centrelink.

What fees will you be charged?

With a Nimble Small Loan, the total repayment amount will be the amount you borrow plus an establishment fee of 20% and a monthly fee of 4%, both calculated off the principal amount.

If you fail to make your repayments or do not make your repayments on time, you will be charged additional fees. These may include a $15 charge for a missing payment or daily fees of $5 for late payments. The total amount you may pay is capped to twice the amount of what you borrow.

Are you eligible for a Nimble loan?

Generally, to be considered for a Nimble loan you need to meet the following criteria:

  • Be 18 years or older
  • Be employed
  • Be paid regularly into a bank account
  • Not be reliant on benefits such as Centrelink as a primary source of income

How to apply

Clicking the "Go to Site" button will take you to a secure application page. You will have to provide personal details, contact details and financial details which include your pay cycle, monthly expenses, rent or mortgage repayment amounts and your employment details.

Frequently asked questions about Nimble

How quickly will I receive my loan?

If a Nimble loan application is approved by 4:30pm AEST on banking days, the funds may be transferred to a person's nominated bank account within 60 minutes of receiving approval. Loans submitted after these times will be processed on the next business day. The time it takes to receive funds may also depend on the bank. For people with a prepaid Nimble card, approved funds are added instantly.

Am I eligible if I have a bad credit history?

Nimble may consider applications from people with a bad credit history, but this will depend on many factors including the person's current financial situation.

How do I make repayments?

Nimble sets out the repayment dates and amounts in the loan contract and direct debits a person's nominated account on the scheduled repayment dates. Nimble will send a reminder the day before repayments are due so people can make sure they have sufficient funds in the nominated account.

What if I can't repay my loan?

If you are experiencing financial hardship and don't think you will make a repayment, you should notify the Nimble Repayments Team as soon as possible by calling 113 156 between 7am and 7pm Monday to Friday, or between 9am and 5pm on Saturday.

More guides on Finder

  • Fundo small loan

    A review of Fundo's small loan. Find out if this loan is right for you.

  • Spot by Douugh

    Spot allows you to borrow money instantly and repay it in 4 instalments with a fixed fee. Here's how to decide if it's right for you.

  • What bankruptcy loans can I apply for?

    If you've declared bankruptcy and need a loan, there are options available.

  • Wagepay

    With a Wagepay pay advance, you can access up to 25% of your salary ahead of payday.

  • Low income loans

    Find out what options are available and how much you need to earn to be eligible for a small personal loan.

  • $1,200 loans

    If you're in need of a small loan up to $1,200 there's a range of lenders available. You can submit your application online and find out if you've been approved in seconds, and your loan amount can be in your account within a day. $1,200 loans are available if you have bad credit.

  • Quick loans

    Apply for a quick loan and see your money soon after you've been approved – sometimes within the hour.

  • Spot Loans Personal Loan Review

    Applying for a personal loan doesn't have to be a lengthy complicated process, and this simplified way is just what Spot Loans offers. You can apply for a loan of between $500 and $3000 with Spot Loans.

  • Getting a loan while on Centrelink

    Receiving Centrelink payments doesn’t cut off access to credit. People receiving DSP, Newstart, parenting payments or other government payments may be eligible for a range of loan options.

  • Loans for pensioners

    Many pensioners think it's not possible for them to take out loans to access much-needed funds. However, there are finance options available to those receiving the pension. Read our guide to find out what financing is available.

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

108 Responses

    Default Gravatar
    CecilDecember 25, 2018

    Can i apply if I’m in the Philippines

      ValDecember 25, 2018Finder

      Hi Cecil,

      Happy Holidays!

      Thank you for reaching out to Finder. Unfortunately, the Nimble Small Loan is available to Australian residents. However, there are loans that you can check if you are in the Philippines. Please refer to Finder PH personal loans guide for more information.

      Hope this helps. Please don’t hesitate to contact us for anything else.


    Default Gravatar
    AnonMarch 21, 2018

    Hi. For research, what are the monthly fees for Nimble?

      JhezelynMarch 22, 2018Finder

      Hi Anon,

      Thank you for your comment.

      For Nimble, your repayments could be consisting of the amount you borrow plus 20% of your principal loan amount as an establishment fee and 4% of your principal loan amount as a monthly fee.

      Before you take out the loan, you’ll know how much you have to pay because the fees are clearly outlined.


    Default Gravatar
    MariaMarch 20, 2018

    I am not working from 2000 I been a stay home mum but I can’t get any loan from anywhere. I get the centrelinks benefits.

      JhezelynMarch 23, 2018Finder

      Hi Maria,

      Thank you for your comment.

      Nimble payday loan isn’t available for Centrelink recipients, unfortunately. However, there are still lenders that may consider you for a loan. You can check with the lenders found on our comprehensive guide to getting a loan on Centrelink payments.

      Please click the name of the lender to be redirected to our review page and learn more about the lender’s loan offer, rates, and requirements as well as the pros and cons of using their loan service. When you are ready, you may then click on the “Go to site” button and you will be redirected to the lender’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.


    Default Gravatar
    TrishaMarch 20, 2018

    When I apply how long will it take to get the money?

      JhezelynMarch 20, 2018Finder

      Hi Trisha,

      Thank you for your comment.

      Once Nimble approves you loan application, you could receive your money within 60 minutes into your nominated bank account if loan is approved by 4:30pm AEST during banking days. For the loans submitted after that will be processed on the next business day. Note that the time it takes to receive your loan depends on your bank as well. You’ll receive your funds instantly if you are approved if you have a prepaid Nimble card.

      You can get a prepaid Nimble card if you ask for this when you’re approved. This will be sent to you within 3-4 days.


    Default Gravatar
    DavidsonMay 17, 2017

    I need $1000 to start-up a business in 2 days time. Is it possible to get a loan?

      JasonMay 18, 2017Finder

      Hi Davidson,

      Thank you for your enquiry.

      Yes, it is possible to get a loan. Your eligibility for a loan will depend on the requirements and the lender you apply with.

      You may refer to our list of startup business loans and check out the guides and tips on how to select the loan that fits your needs.

      Alternatively, you may refer to our guide for a comparison of quick short term loan options and lenders that offers a quick turnaround time for loan application.

      Before applying for any loan, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.

      I hope this helps.

      Kind regards,

Go to site