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Nimble Small and Medium Short Term Loans

Compare loan options from $300 up to $25,000 with Nimble

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Operating since 2005, Nimble offers small and medium short term loans with different amounts and repayment term options. The fees you'll pay will also depend on how much money you borrow. Like most short term loans, Nimble loans are designed to be short-term financial option and should not be used to fix long term financial problems. You can learn more about this form of credit and compare your options in this guide to Nimble short term loans.

⚠️ 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 Payday Loans

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 23 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.

What loans are available?

Nimble offers three different short term loans:

  • Small loan. This is a loan between $300 and $2,000 that can be repaid over a period of between 62 days to 9 months.
  • Medium loan. Nimble also offers a larger loan between $2,050 and $5,000 which can be repaid over 23 months.
  • $2,050 - $25,000 loan. Nimble also offer a loan upwards of $2,050 and up to $25,000 for customers looking for that little bit more finance. These loans are available on terms from 2 months up to 4 years.

What features does Nimble offer?

  • Fees. The fees you'll pay will depend on the type of loan you apply for. Small short term loans will attract an establishment fee as well as monthly fees. The medium loan will be charged an application fee plus an interest rate. You can compare the current fees that apply in the table above. Arrears fees will also apply if you don't pay your repayments on time.
  • Repayments. Nimble sets out the repayments in the contract but you can choose your loan term and repayment structure. Your payments will be direct debited out of your account on the set repayment days, which you can check in the Nimble Members Area, and Nimble will also send you a reminder the day before payments are due. If you think you can't make a repayment on time, contact Nimble immediately to discuss your options.
  • Turnaround. If the loan is approved before 4.30 pm on a business day, you can expect to see your money in your nominated bank account within one hour. This may vary between banks.
  • Visibility. Nimble offers detailed information about the company and its services on the website.

What to know about Nimble

Nimble launched in November of 2005 after the company's founders saw a gap in the short term and payday loan market. They aimed to develop a business which stood out from the other loan providers that were available at the time. Since the company's inception that have approved over 1,000,000 loans.

What are the risks of short term loans?

  • Unaffordable repayments. Short term loans are an expensive way to borrow money and should only be used as a last resort. Check the size of each repayment and ensure you will be able to pay it on time. Unaffordable repayments can lead to late fees that will only make things worse.
  • High rates and fees. Rates and fees on short term loans are high but there are rules in place so be sure to check your lender is not charging you more than ASIC allows. Also, look at what you would be charged if you are late on a payment or if you default on the loan altogether.
  • Unreputable lenders. All Australian lenders should be accredited by ASIC. Check for a credit licence on the ASIC Register and ensure that the lender is easily contactable.
  • Impact on credit score. Every loan application shows up on credit reports. While lenders might not consider credit history, applying for lots of loans within a short period can have a negative impact on your credit score in the future.

How do you apply?Nimble smart little loans logo

To apply with Nimble simply follow the secure link on this page to their online application form. The application will take a few minutes and you need to meet the following criteria to be eligible:

  • Be over 18
  • Be employed
  • Not depend on Centrelink benefits

If you have bad credit history Nimble may still consider you for a loan. Although if you are currently bankrupt, in a part nine debt agreement or have especially bad credit history your application will not be approved.

While the system verifies your details automatically, on some occasions Nimble will need to do additional checks in order to approve your loan. To apply you will need to provide personal details, employment details and details of your finances including your pay cycle, rent or mortgage repayments and your next pay date.

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41 Responses

    Default Gravatar
    MichaelOctober 30, 2018

    I receive age pension of $670 per fortnight. I do some consultancy work from time to time and paid by the hour. It is not consistent and I am seeking some part time work to supplement my pension, in addition my wife runs a small ABN agency and earn an additional $500 – $700 per month on top of her age pension of $670 fortnightly, I assist her in this work. The income pays for our extra’s on living expenses. I am seeking a small loan for some dental work I need. We own our house and car. Can you suggest a lender who may consider my application?


      JeniNovember 10, 2018Finder

      Hi Michael,

      Thank you for getting in touch with Finder.

      Currently, to be eligible for a Nimble short-term loan your main source of income must not be Centrelink. Since you mentioned that you have other sources of income, I suggest that you contact them directly if you consider applying with them to know your chances of being approved.

      If you are looking around in getting a small loan for your dental needs, you may refer to our list of pensioner loans to search for the lender that suits you.

      I hope this helps.

      Please feel free to reach out to us if you have any other enquiries.

      Thank you and have a wonderful day!


    Default Gravatar
    AltafAugust 26, 2017

    I have low credit score and I have no bad credit and defaulter but I. Don’t why I am not getting loan I had Dicline before.
    Can I get Lon $ 5000 it is very urgent
    I am self employed

      Default Gravatar
      MariaAugust 26, 2017

      Hey Altaf,

      Thank you for reaching out to us.

      You may find useful information on how to understand your credit report by reading our Experian credit score guide. You’ll also read about various factors that affect your score. It also includes a link to get your credit score for free.

      As finder is an online comparison service and is not a product issuer, it would be best to get in touch with a lender featured on our pages to discuss your eligibility or options.

      You may compare options on this page on Loans Up To $10,000 Even With Bad Credit.

      Before applying for a loan, please ensure that you meet the eligibility criteria and requirements of the loan option or lender and make sure to read the details, as well as the relevant PDS/ T&Cs of the loan option before making a decision and consider whether the product or option is right for you.

      I hope this helps.


    Default Gravatar
    CarmelFebruary 9, 2017

    I have just been approved for a nimble loan.I have money coming through in a couple of weeks.Can i wait till it come through 2 make a full payment instead of a fortnightly one?

      DeeFebruary 10, 2017Finder

      Hi Carmel,

      Thanks for your question.

      When you apply for a Nimble loan, Nimble sets out your repayments in a contract based on the pay frequency you indicated and agreed upon. Your payments will be direct debited out of your account on the set repayment days.

      If you want a different repayment term, you may directly contact Nimble to inquire if this is possible.


    Default Gravatar
    AigaNovember 22, 2016

    Can people from New Zealand apply for Nimble loan??

      DeeNovember 22, 2016Finder

      Hi Aiga,

      Thanks for your question.

      Unfortunately, Nimble only accepts loan applicants who are Australian residents.


    Default Gravatar
    ErnestDecember 23, 2015

    I need help to start and open my business if just 35,000

      ElizabethDecember 23, 2015Finder

      Hi Ernest,

      You can find a list of lenders that can help you finance your start-up business. This guide will help you on the types of funding options available to startups and financial guides for startups.

      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.

      I hope this has helped.



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