Nifty Personal Loans are short term cash loan specialists! Folks in Queensland can apply for up to $5,000 in just minutes. We’re 100% online, which means no hassle.
As locals ourselves, we know that it’s not always sunny in the sunshine state. No matter what year it is, the cost of living seems to always travel upwards.
This means when those unexpected costs hit, Queenslanders can’t find the funds they need and everyday people are feeling the pinch. Nifty could even offer loans for people with poor credit scores.
What can Nifty Loans do to help?
Well for starters, as a lender, we can offer you a loan. The Nifty Loans Queensland everyday loans range from $300 – $5,000 and repayable over 3 to 24-months. And more good news, because we’re an awesome lender – we can offer you our loans with no paperwork and no hassle!
Nifty Loans is committed to being open and honest with its fees – and ensure that you will know what your loan will cost.
Better yet – we guarantee it. Because we adhere to all relevant State and Federal legislation – As a bonus, if you are looking to settle your cash loan early, we do not charge any early exit fees. This means the earlier you finalise your loan, the more you save! – you can sit back, relax and know your loan is in good hands.
What is a personal loan?
Well – put simply. A cash loans is a short-term lending arrangement – where amounts up to $5,000 are borrowed and the repayment period depends on the amount of the loan.
It is for these people that short term cash loans could come in handy.
What can I use a Nifty Loans Queensland everyday cash loan for?
Nifty Loans is here for you. We understand that no two people are alike – therefore no two loans will be alike.
To cater for the individuality of the great state of Queensland we offer Nifty Loans Queensland cash loan approvals for:
- Rental bond loans;
- Car repair loans;
- Bad credit car loans;
- Emergency expenses loans; and
- Unexpected day to day costs
How your loan is protected in Queensland?
Due to the high demand of personal cash loans and the ‘last resort’ nature of short term lending, the Consumer Credit Legislation Amendment (Enhancements) Bill 2012 was passed.
This legislation covers small loans from $1 to $2,000 outlines key guidelines governing non-bank lenders, which include:
- Establishment fee capped 20% of the original loan amount
- Monthly fees cap – 4% of the original loan amount
- Fee limit – capped at 100% of the original loan amount .
And what if I am on Centrelink?
If you are receiving Centrelink payments – you are also protected by the Australian Governments Protected Earnings Allowance (PEA). The PEA stops short term lenders from approving loan repayments that exceed 20% of a Centrelink clients income. This can span accross multiple loans, meaning a Centrelink client cannot have over 20% of their income going towards short term loan repayments.
For example, if your regular Centrelink income is $100 a fortnight – your maximum fortnightly repayment could not exceed $20.
No hidden costs
At Nifty Loans, we don’t like hidden figures. That’s why all the fees and charges associated with your loan will be laid out for you in your loan contract. In the meantime, for an idea of what our loans might cost, you can find basic examples for the loan types listed below.
- For small personal loans: unsecured loans from $300 to $2,000
- For medium personal loans: secured loans from $2,001 to $4,600
- For large personal loans: secured personal loans of $5,000
Some loan types may have other payable fees and charges. If you do miss a repayment on your loan, there may be additional fees that apply. If you have any questions surrounding the fees associated with your loan, get in contact with our customer service team. They’re happy to walk you through any questions you may have.
Ready to apply?
Great! We’re ready too. Simply send us your completed Nifty Loans Queensland everyday cash loan to get the ball rolling. We know that Queensland can get hot, so you can apply for a loan for an air conditioner with us today! Get your life back into the sunshine and experience the Nifty Finance difference today!
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Want to know more? Nifty tells all about personal loans comparisons.