Personal Loan

How much cash do you want?
How long do you want it for?

Loans from $2100 to $4600 require a car, motorbike, boat or caravan to be provided as security. If you cannot provide security, please apply for $2000 or less.


The Annual Percentage Rate for Secured Medium Loans is 48%. Comparison Rate is 66.0347% p.a. This comparison rate is based on a Medium Amount Credit Contract for an amount of $2,500 over 2 years and a $400 establishment fee. Fees and charges are payable.

The maximum you will be charged is a 20% Establishment Fee and a 4% Monthly Fee. Under the current legislation lenders do not charge an annual monthly interest rate for our Small Amount Credit Contracts. You may know this as Annual Percentage Rate or APR(%)

We’re here to help you deal with the times when you haven’t planned for the unexpected. We do personal loans for when you need them most! If it sounds good to you, here’s what you need to know!

What is a personal loan?

A personal loan is a money borrowed over an agreed term, which you can repay in small amounts. At Nifty Loans, we provide a wide range of personal loans that vary in size and loan term. Loans can be used for car repairs, rental bond or even for medical expenses, you can apply through our online portal for a quick, fast and affordable loan solution. Nifty personal loans offer small personal loans up to $4,600 with a maximum loan term of 24 months.

You can apply for a wide range of personal loans with Nifty Loans which may include the following categories:

How much can you borrow with Nifty Loans?

At Nifty Loans we do two types of personal loans. We do small personal loans and we do medium secured personal loans. With our small personal loans, you can borrow between $300 and $2000 repaid over a period of up to 6 months.

With our medium secured personal loans, you can borrow between $2001 and $4600 repaid over a period from 13 to 24 months.

How to apply for a Nifty personal loan?

Our application process is 100% online and it takes less than 5 minutes to complete an online application. Most applications are assessed using innovative technology and have a turnaround time of approximately 60 minutes during normal business hours.

Traditional personal loan applications could take days until you get a reply. Here is where Nifty Loans is different! Once your application is successful, in most cases you will receive the funds into your personal bank account the same day!

How long does it take to apply for a personal loan with Nifty Loans?

Generally, applying for a personal loan with Nifty Loansonly takes a few minutes and we are able to notify most applicants of the outcome within an hour of receiving a personal loan application (during normal business hours of course). This allows our specialist team to review your situation and determine how we are able to help. 60 minutes to approval! It really is that easy!

Who can apply?

The great thing about our Nifty personal loans is that they are open to almost anyone. You just need to meet our requirements that we outline below:

Looking for a loan? You can apply with us if:

  • You’re at least 18 years old.
  • You’re an Australian Citizen or Permanent Resident.
  • You’ve been receiving a regular income into a personal bank account for at least 3 months.
  • You have an active mobile number and email address.

Can you apply for a personal loan if you receive Centrelink benefits?

This is what makes a Nifty personal loan different from other lenders. At Nifty Loans, we give everyone a fair chance. We do not discriminate against Centrelink recipients. We have thousands of clients who receive Centrelink. At Nifty Loans, we simply do it better.

Do you do personal loans for bad credit?

Yes, we do! You’re welcome to apply for bad credit personal loans. While we do perform credit checks here at Nifty Loans, your credit rating is not the only thing we look at. We also look at your recent financial history to verify your income and spending habits. That’s because we find that this gives us a more accurate representation of your relationship with your finances.

Assessing your loan application

The final step in the personal loan application process is to provide us with the necessary documents so we can assess you for one of our personal loan products. If you are calculating your own budget, you can use our personal loan repayment calculator to get a rough estimate of what your personal loan repayments may be.

By law, we are required to get the last 90 days of your bank statements. This information allows us to determine how we can best help you out. These documents can be sent to us automatically using Nifty’s secure software. By entering your online banking customer number and password into a banking gateway (which nobody gets to see except you), your bank statements are safely delivered to us. You can sleep easy knowing none of your information is not stored nor do we have access to your accounts; once the statements are sent your details are erased.

How much does it cost to borrow a personal loan from Nifty Loans?

To find out how much it costs to get a personal loan with Nifty Loans, just use our easy personal loan calculator on our homepage. Simply drag the sliders to choose how much you want to borrow, and over how long you would like to repay the loan. Our personal loan calculator will tell you how much your repayments are likely to be per week, fortnight or month. The interval you choose for your repayments to be will be entirely up to you. We suggest matching them to your pay cycle as we find this is the easiest way to manage your repayments.

Small unsecured personal loan

Our smaller personal loans which are amounts from $300 to $2000, that you can repay over 6 months, have an establishment fee of 20% plus monthly fees of 4%. To give you an example of what the costs for these personal loans might look like, let’s look at borrowing an amount of $1500 that you repay over 3 months. It will cost an establishment fee of $300 plus additional monthly fees of $180. Therefore the total repayment amount will be $1980. Your repayments will look like this:

  • $165 per week
  • $330 per fortnight
  • $660 per month

Medium secured personal loan

With our slightly larger loans, we require a security to be tied to the asset. This is for amounts between $2001 and $4600. Our cost structure is slightly different for these larger loans. There is an establishment fee of $400 plus additional fees of 48% per annum, or a comparison rate of 66.0347% (which is based on a $2500 personal loan over 2 years). If we take an example of $3000 that you repay over 18 months, it will cost a $400 establishment fee plus $1,378.87 in additional fees. Therefore the total repayment amount will be $4,840.14. Thus, your repayments will look like this:

  • $61.19 per week
  • $122.77 per fortnight
  • $268.21 per month

If you want to look at what your repayments will be for a different loan amount or loan term, a useful tool in our personal loan calculator at the top of the page.

The only other fee you have to be aware of is a $27.50 penalty fee for any missed payments. However, if you make all of your repayments on time you won’t have to worry about being charged this expensive penalty fee.
If you want to learn a little bit more about the allowable personal loans rates Australia, visit the MoneySmart Website.

How do repayments work?

After you receive your Nifty personal loan the next step is to start repaying your loan. The way we arrange repayments is to set up a direct debit so that your repayments come out of your account automatically on your nominated date. We usually suggest matching your payment date to your pay cycle so that you know you will always have enough to cover your repayments amounts, and can avoid being charged a penalty fee.

What are the benefits of borrowing a personal loan from Nifty Loans?

What makes Nifty Loans different from all other lenders is the ethics and values we adhere to when it comes to our lending practices. Our loan repayments are flexible and we are always happy to help out in an unexpected circumstance. There are no hidden fees and we are 100% transparent. You can always use our personal loan calculator to know exactly what your repayments will be and decide whether they will fit in your budget. With Nifty Loans – It’s that simple! Here is a list of the main benefits you can experience if you borrow a personal from Nifty Loans:

You will always speak to a real person!

Just because we are 100% online doesn’t mean that we aren’t real people. Yes, that’s right, pick up your phone and call us, you will always speak to a real person if you have any doubts or concerns – that’s a Nifty Loans promise! Whether it’s throughout your application process, or over your loan term, we’re here to help. You can find out details here.

We do bad credit personal loans!

Lenders claiming to give you guaranteed approval for bad credit is having you on. At Nifty Loans, we don’t discriminate against bad credit. We are firm believers that everyone gets a second chance – Apply now and see why thousands of Australians trust Nifty cash Loans.

Our fees are completely transparent!

That’s right, no hidden cost or surprise fees. Everything is up front and clear, so you don’t have to worry about being charged any more than you bargained for.

You can pay your loan off early if you want to!

At any point throughout your loan term, you feel ready to repay your loan, you can. Plus, we won’t charge you early exit fees. Additionally, if you find that you need to borrow another loan, you can apply for one the very same day you finish paying off your other loan.

Questions to ask yourself before you apply for a personal loan

Before making any decision it’s always a good idea to weigh up the pros and cons beforehand. In doing so it’s a good idea to ask yourself a few questions. The following some questions you may want to ask yourself before you decide to borrow.

Do you need to apply for a small personal loan?

It’s a good idea to consider your purpose for borrowing the personal loan. Is your purpose for borrowing a loan urgent? Or can it wait until a more suitable time?

Have I done a personal loan comparison?

Before you take the leap to borrow money, you may want to do a personal loan comparison. This means looking at what other loans out there too and make sure we are the right lenders for you!

Can I afford the repayments?

This is an important one! While we will never lend anyone more than we believe they are able to afford to repay, though it’s still important for you to make sure you are able to fit the repayments into your budget. You can do this using our personal loan repayment calculator at the top of the page to work out what your repayments will be. Another useful tool is Money Smart’s Budget Planner, which helps you to work out what all your expenses are in relation to your income.

Am I eligible to apply for a personal loan?

Before beginning a personal loan application, make sure you’re eligible. We recommend reading the “FAQ” and “Costs” sections on our Nifty Loans website which explains how to apply for a personal loan. To apply for a personal loan, you will need a mobile phone, email address and preferably have online banking. During the personal loan application process, you will need to provide some general information in order for us to get to know you better. This includes your identification and income details as well as what the personal loan is for and how much you need. Any information you provide us with is treated with the highest confidentially and protected by strict privacy laws.

In summary

You’ll find Nifty’s customer service is second to none. We consider ourselves one of the most responsible lenders in the industry. With us, you’ll find the best personal loans Australia has to offer!

Where to apply for a personal loan? – Nifty Loans!
How to apply for a personal loan – refer Nifty website.
Apply for a personal loan – wherever and whenever it’s convenient for you.

So, if you need a personal loan, you’ve come to the right place. We can help you to solve a financial setback. It’s as easy as applying online, and before you know it your money is in your account. So what are you waiting for? Apply today!

who can apply?

Looking for a loan? You can apply with us if:

  • You’re at least 18 years old.
  • You’re an Australian Citizen or Permanent Resident.
  • You’ve been receiving a regular income into a personal bank account for at least 3 months.
  • You have an active mobile number and email address.
Need to know more? Check out our FAQs

how it works.

small personal loans.

  • Loan amounts: $300 – $2,000
  • Terms: 3 months – 6 months
  • Establishment fee: Up to 20%
  • Monthly fee: 4%


Loan Amount: $500
Term: 10 weeks, repayable weekly
Principal amount: $500
Establishment fee: $100
Total other fees: $60
Total monthly fees: 4% per month over 10 weeks
Total payable: $660
Weekly installments: $66

medium personal loans.

  • Loan amounts: $2,001 – $4,600
  • Terms: 13 months – 24 months
  • Establishment fee: up to $400.
  • Annual Percentage Rate (APR): 48%
  • Comparison Rate: 66.0347%


Loan Amount: $3,000
Term: 18 months, repayable weekly
Principal amount: $3,000
Establishment fee: $400
Total other fees: $1,378.87
Total payable: $4,840.14
Weekly installments: $61.27

Want to know something nifty? See how it works!

How customers rate Nifty’s Personal Loans
plf Overall rating: 4.4 out of 5 based on 55 reviews.

Nifty Personal Loan is the best!

5 5 1
Nice and quick. I was kept well informed in every step. So far so good.


4 5 1
Excellent! Very prompt and efficient!


4 5 1
Prompt Response. Clear understanding of requirement and helpful customer service.


5 5 1
Quick, easy and fast service!

Personal Loan

5 5 1
Amazing and easy to use. Absolutely great system. I love how you guys investigate bad credit rather than fail applications. I am very happy overall, and I will use your services again.


5 5 1
quick approval, pleasant experience.


4 5 1
Great and amazing service, would recommend you to anyone without hesitation.

quick personal loans service

5 5 1
Extremely dependable and effective service.

thank you

3 5 1
The application process was really simple and friendly customer support. No issues up to this point.

fast process

3 5 1
Very happy with overall result and process, will definitely use Nifty again.

fast personal loan approval

5 5 1
Efficient and fast service. Loved it!!


5 5 1

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