From time to time we all find ourselves in situations where credit cards aren’t accepted or welcomed as a form of payment. So, if you don’t have enough money in your bank account to cover the expense of a broken down car, electricity bill or phone bill, or even that unexpected trip to see a sick loved one – have you considered a cash advance?
That’s where we come in! We get that life doesn’t always go as planned, and it’s in those times when you need a helping hand from someone you can trust.
What is a cash advance?
So, I can hear some of you asking, ‘what exactly is a cash advance?’ Well, put simply, a cash advance is a short-term loan to help you make those life hiccups a little easier to deal with. This cash advance includes an agreement where the borrower must repay the original loan, plus informed fees, over a defined period of time. You apply online and, if your application is successful, you can receive your money as quickly as that same day.
A cash advance is, in fact, a type of loan. A cash advance is similar to a credit card cash advance, except our advance loans go directly into your account!
Why get a cash advance with Nifty?
We are leaders in cash advance now loans and there are several reasons as to why that is. Here is a list of the reasons why:
- Our cash loan application is 100% online and we even consider bad credit. We also do bad credit loans.
- We assess your loan quickly and generally, a loan decision could be granted within 60 minutes of us receiving your complete application during normal business hours.
- We only have a few eligibility requirements to get started! Simply follow the 3 easy steps set out in our online cash advance application. Don’t wait! It can only take a few minutes!
- We assess your loan quickly, and after you are approved we pay your loan amount into your bank account!
- Our fees are completely transparent! All the fees and charges associated with your loan will be clearly outlined in your contract.
How much can you borrow with Nifty?
At Nifty we offer three types of cash advance loans. Small unsecured cash advance, medium secured cash advance and large secured cash advance.
With our smaller loans, you can borrow between $300 and $2,000 that you can repay over a period of 3 to 6 months. Alternatively, you can also get a medium secured cash advance from $2,100 to $4,600 that you can repay over 13 – 24 months. If you’re looking for that extra boost to your funds, you can apply for a large secured cash advance of $5,000 that you can repay over 13 – 24 months.
How much does it cost to get cash advance from Nifty Loans?
As we are proud to state, our cash advance costs are completely transparent and will always be listed on your contract! We have three different structures: one for our smaller cash advances, and two for our larger, secured cash advances. For some examples of these, you can find them at the base of this page or on our dedicated costs page.
Just as each of our customers are different, so are the payable fees and charges that may be associated with our loans. If you do, for example, miss a repayment on your loan, there may be additional fees that apply. While we do clearly list all the payable fees and charges within your loan contract, we are more than happy to answer any questions you have. So, if you’re not 100% sure about the fees surrounding your loan, please get in contact with us. We have a team of amazing loan experts who are more than happy to help.
How do repayments work?
Repayments work by setting up a direct debit so that your repayments come out of your account automatically. This can be organised to come out on a weekly, fortnightly or monthly basis. Your repayments are generally set up to come out of your account around in line with your pay cycle. Just remember to leave some money in your account for your direct debit.
How to apply for cash advance loans?
The way our loans work is very simple, and can be explained in 3 simple steps! Here’s what our cash advance process looks like:
step 1: apply online
Complete our quick and simple in a few short minutes application form, just scroll up and you’ll find our loan calculator. Here, our loan calculator will ask you a few questions about the purpose of your loan as well as some personal details. Then, just click submit!
step 2: decision’s within the hour
We assess your application and provide you with an outcome, usually within 60 minutes during normal business hours. As soon as we have an outcome on your application, we will let you know straight away!
step 3: get your money fast!
If we approve your loan application and you have accepted your online contract, we will transfer the money to your bank account. Depending on the speed of your bank, you could have the funds in your account on the same day as you apply!
What information do you need to apply for a cash advance?
To apply for a cash advance loan you will need to provide some information to support your application. Here is a list of some of the things we need from you in order to process your cash advance application:
- Personal contact details e.g. mobile number and email address
- The reason for your loan
- Your internet banking logins, so you’ll need to have internet banking setup
- MyGov info
- Employment info
Do you do instant cash advance online no credit check?
No, we will conduct a credit check once an application has reached the final stage of assessment. However, don’t let that deter you from applying for cash loans! We don’t simply look at your credit score to assess your application, we also look at your current relationship with money. That’s why we look at your bank statement and expenses. So, if you have bad credit, don’t worry, just fill out our application form online and click submit.
Wow, online fast cash advances that’s pretty quick!
We understand that things don’t always go to plan and people can easily make mistakes, but we can help! Apply now and Nifty can get you an outcome on a fast cash advance loan in 60 minutes (during normal business hours)!
We are 100% online, just complete our application form and, we’ll do our best to approve your application! It’s time to move onward and upward!
Once approved, we pay you fast!
Once you accept your online loan contract, we will be transferring the money to your bank account soon! Deposit times are subject to the speed of your bank, although, most clients receive their funds overnight at the latest (Provided the contract is signed within business hours).
A nifty personal loan is easier on the pocket than you’d expect!
Because Nifty cares about you and no business is too small for us! We will go out of our way to ensure that you are getting the loan you need – for the amount that best suits your situation.
So, just scroll up and apply for small loanstoday!
Why do people need cash advances?
There are several reasons why people may need a cash advance. There are many things that crop up in life, meaning that life doesn’t always go as planned. The most common reasons people choose to get cash advances are listed below:
This includes things like white goods and other large, important furniture items. These are usually very expensive, and if your fridge breaks down unexpectedly, this is something you can’t live without for very long.
Believe it or not, car registration is one of the biggest reasons people apply for personal loans. That’s because it’s a big sum of money that you have to pay all at once, and people don’t always have these funds readily available. There is now the option that allows you to pay twice a year, meaning that the cost is much more manageable.
Another reason people borrow money is in order to help pay for an unexpected car repair bill. Not everyone has comprehensive insurance, meaning any damage made to your car could need to be covered by you. Alternatively, if you do have car insurance you may have to pay an excess fee and this can even be as much as $1,000.
You may even want a cash advance to help fund your Black Friday shopping spree!
Another reason people may want to borrow a loan is in order to pay for a professional training course. If people want to up-skill in order to land a job, they may need to take a course to make them more employable.
Emergency travel costs
If you are travelling and have an emergency, a cash advance online can help you get out of a pickle. For instance, you need to fly interstate for an emergency or you have had to pay for accommodation while overseas which you haven’t budgeted for? You could quickly apply for a cash advance and your problems would be solved straight away.
Questions to ask yourself before you get a loan?
Getting a loan is a not a decision to be made lightly. You may really need the finances, but it’s still important to remember that you are entering into a contract and have a financial commitment to repay your loan. Here is a list of some of the important things to keep in mind before applying for a cash advance:
What is the purpose of your cash advance?
This is an important question to ask yourself when it comes to deciding whether to get a loan or not. Is the reason you need a cash advance urgent? Or can your purchase wait until it is a more convenient time?
Have you met the eligibility requirements?
We only have a few basic eligibility requirements that you need to meet before you can apply. However, if you do not meet the eligibility requirements you will unfortunately not get approved.
Can you afford the repayments?
While we do make a financial assessment on every applicant to ensure you are able to afford to repay the loan, it’s still important for you to check whether you can comfortably fit the repayments into your budget. Otherwise, you could end up getting yourself into an unmanageable debt situation.
Do I agree with the terms and conditions of the loan contract?
Another important question to ask yourself before you dive into getting a loan is whether you agree with and will be able to comply with all the conditions of the loan contract. Once we approve your application we’ll extend you an offer and send you the loan contract. If there is anything that you disagree with or are not happy with, you can choose to decline the offer if you wish. However, if you are happy with all the terms outlined in the loan contract, you can go ahead and accept!
So why choose Nifty Loans?
In summary…why not choose Nifty Loans? We’re fast, we’re fair and we’re here for you when you need help getting back your financial stability and success! At Nifty we put our people first, and that means you. We think we’re pretty responsible, but you should see for yourselves. If you have any questions about us as a lender, have a read of our credit reporting policy.
So, what are you waiting for? Start your partnership with Nifty Loans and apply now!