Debt Consolidation Loans… Have You Been Looking For A Lender You Can Trust? Look No Further Than Nifty!

debt consolidation

Debt consolidation on your mind? We’re sure you’re asking who you can trust when it comes to finding a reliable lender. What are the best personal loans for debt consolidation?

If you’ve been googling ‘personal loan for debt consolidation’ it can seem like there are hundreds of different lenders wanting to help, but which ones can you really trust? Identifying the dodgy from the reputable can be almost impossible. So, if you’re looking for a hand when it comes to debt consolidation then look no further. Nifty is the lender Aussies trust when it comes to personal loans online.

Why Trust Nifty?

Well, we know how amazing our team of lenders are but, if you’re new to Nifty, you probably don’t. Our team is highly experienced in providing loan products for lots of different circumstances. We match our customers with loan products for their individual circumstances. When you apply for a personal loan for debt consolidation we will look at the whole picture.

You can be guaranteed our team will never loan you an amount of money that we do not think you are capable of repaying. We are proud of the measures we have in place to ensure that we always follow responsible lending best-practices. That means we are always here to do right by you when it comes to a personal loan for debt consolidation.

Unlike some other lenders, at Nifty we will never spring any unexpected fees and charges on you. What you see is what you get. Before signing a contract or agreement with Nifty we recommend you read it thoroughly to ensure the loan product is right for you. Our lending team is always here to answer your questions. We encourage our applicants to get in contact if there are any questions we can answer. Transparency is something we value highly. At Nifty, we are proud of our lending practices… so, put us to the test. Let us show you what we can do!

100% Online Loans For Debt Consolidation

Nifty Loans are 100% online. That means you can apply for a loan wherever you are and whenever you like! How convenient is that? Gone are the days of pages and pages of paperwork. With an online loan for debt consolidation with Nifty, you could have the cash you need on the same day! We understand that traditional lenders may not be the easiest way of applying for a loan.

In this day and age, applicants looking for the best personal loans for debt consolidation may often have to wait for hours if they apply at the bank. Some other lenders have not modernised the way they conduct their loan assessment process. That means you could be waiting days or even weeks for an answer. At Nifty, we understand this is not ideal when you need cash quickly.

Our team does their best to get back to applicants within the 60 minutes, during business hours. In a world where you can do your grocery shopping from your couch, we don’t think you should have to wait days upon days for approval on a personal loan for debt consolidation.

What Is Debt Consolidation?

So, what is debt consolidation? You might be wondering how a lender could help you with your debts. Well basically, debt consolidation means Nifty could provide you with a personal loan to turn all of your small debts into one regular repayment. A lot of the time, making lots of little repayments can make things difficult. It is easy to forget what is due when and how much money you need in your account on what day. If you miss a repayment, it is easy for the late or failed payment fees to start snowballing.

Often, this is what causes debt to get out of hand… and fast! Combining all of your small debts into one regular payment means you can pay them all at once – on the same day, at the same time. This could you no longer have to micromanage each small repayment. At Nifty, we understand that when you’re looking to get on top, convenience is king!

Debt Consolidation Loan Calculator

Have you been searching the internet for a debt consolidation loan calculator? Well, if you scroll up to the top of the page you could use our loan calculator to enter an amount and repayment period. You will then be able to see what the weekly, fortnightly and monthly repayments could be. It is important to remember, however, that this is only a guide.

For specific advice on your loan repayments, you will need to apply for a loan so our team can assess your individual circumstances. Everyone is different and our team is here to make sure you get the best possible loan for your unique circumstances. So, if you have been googling ‘debt consolidation loan calculator’, we suggest using the one at the top of the page as a guide. If you like what you see, hit ‘apply now’!

What Type Of Debt Consolidation Loan Can I Apply For?

At Nifty, we offer three different types of personal loans for debt consolidation. It is important, before applying, that you consider which loan is right for your individual circumstances. Everyone is different, and everyone has different financial circumstances. Our lending team will do their best to match you with a suitable loan product, however, it is the applicant’s’ responsibility to identify whether or not you are comfortable with the repayments. You might be surprised. We could even provide cosmetic surgery loans, travel loans, IVF loans… even loans for people with poor credit. So, here’s what you could apply for:

Small Loans For Debt Consolidation

Looking for a small amount of cash? Nifty could provide small loans between $300 and $2,000 for debt consolidation. The repayment period for a small loan is 12 months – that means your repayments will be directly debited from your account over this period. Small loans for debt consolidation are unsecured. That means you don’t have to attach any collateral to your loan application. This is handy if you don’t own a car, motorbike, caravan or boat. It is important to also note that small loans cannot be used to consolidate other small amount credit contracts (loans between $1 – $2,000).

Medium Loans For Debt Consolidation

If you’re looking for a medium amount of cash to assist with debt consolidation then Nifty could lend a hand. You could apply for a medium loan of between $2,001 and $4,600 today. Nifty’s repayment period on a medium loan is 13 to 24 months. We will arrange for one regular repayment to be directly debited from your account on an agreed upon schedule over this period.

Medium loans will often require a security to be attached to the application, although this is not always the case. Meaning you may be asked to provide information for a car, motorbike, boat or caravan. It is important to note that we require the applicant to be the sole owner of the vehicle in order to use it as security.

Large Loans For Debt Consolidation

If you’re looking for a larger amount of cash to tackle debt, then a large loan for debt consolidation might be right for you. Nifty could lend you up to $5,000 to kick debt once and for all.

The repayment period on a large loan is also 13 to 24 months. That means our lending team will organise a direct debit repayment over this period – you won’t have to worry about making the repayments yourself, just make sure the cash is in your account. In terms of collateral for large loans, as with our medium loans, security will often need to be provided with the application, however, it is not always necessary.

We Like Happy Customers!

At Nifty, we love making our customers happy! Here are some of the loans we have provided…

Quick Cash Loans OnlineAmountApproved
Speedy Loans OnlineAUD ($)700
Quick Cash Online For Bad CreditAUD ($)2,200
Cash Loans For Bad CreditAUD ($)5,000

Disclaimer: The above examples are for demonstrative purposes only. They do not, in any way, reflect the terms of your possible loan, or the amount you may be approved for.

Who Is Eligible To Apply?

So, by this stage, you might be wondering who is eligible to apply for a debt consolidation loan. Well, the good news is, we keep the application criteria as simple as possible. At Nifty, we focus on what we need to assess your loan and cut through all the unnecessary questions. So, if you can meet the following criteria you could apply for a personal loan with Nifty today…

  • You must have an active mobile number and email address
  • Applicants must be over the age of 18
  • A regular income must have been deposited into your own personal bank account for the last three months
  • Applicants must have internet banking set up
  • All applicants must be able to prove you are an Australian citizen or permanent resident

Pretty simple isn’t it! At Nifty, we don’t think a personal loan should be complicated. So, if you can meet these requirements, you are welcome to apply. If you are unsure whether or not you will be approved leave it to us. We will do everything we can to match you with a suitable loan product – so, there is no need to stress.

What Documents Will I Need To Apply?

If you’re thinking about submitting an application then you are probably keen to know what sort of documentation you’ll need with you. As with our application criteria, we only need the basics. We won’t ask you to answer any unnecessary and long-winded questions. We just need your basic personal information. So, here’s what you’ll need with you during the application process.

  • Personal info (name, D.O.B etc.)
  • Your internet banking details
  • The reason you are applying for a loan
  • Your MyGov details (if you receive Centrelink benefits)
  • Your employment details and employer contact info
  • All applicants must be able to prove they are Australian citizens or permanent residents

Why Do We Need Your Internet Banking Details?

Why does Nifty need your internet banking details? Before you panic, we don’t actually access your real bank account. Nifty uses the latest in safe banking technology to look at read-only copies of your bank statements.

Why do we look at read-only copies of your bank statements? Well, we like to take a look at the whole picture. Instead of basing our assessment off your credit score, our lending team will take a look at your spending habits and regular payments/transactions. We want to find a loan product that is compatible with your personal financial situation – we like to take a realistic look at your finances in order to make an accurate assessment.

How Do I Apply?

Well, lucky for our applicants, submitting an application for the best personal loans for debt consolidation is easy! Here’s how you do it…

Step 1: Head up to the top of the page and use our debt consolidation loan calculator to enter an amount and repayment period. You will then be able to see what the weekly, fortnightly and monthly repayments could be. To proceed, all you need to do is hit ‘apply now’!

Step 2: Once you’ve hit ‘apply now’ you’ll be directed to our super quick online application form. This could only take you a few minutes to complete. Once our team receives your completed form they can begin the assessment. The good news is you could even have an answer within 60 minutes, during business hours.

Step 3: If your application is successful our lending team will send you a contract to read and sign. At Nifty, we encourage you to read the agreement carefully. It is important to make sure the contract you are signing is appropriate for your individual circumstances. If you have any questions at all we encourage applicants to get in touch. Once we’ve received your signed contact the Nifty lending team will schedule your cash for transfer. Access to funds is subject to interbank transfer times.

Nifty now offers immediate inter-bank transfers! Read about instant banking here.

Who can apply?


You're at least 18 years old


You're an Australian Citizen or Permanent Resident.

Hand holding up 3 fingers

You've been receiving a regular income into a personal bank account for at least 3 months.

Email address @

You have an active mobile number and email address.

How it works

Small Loans

$300 - $2,000

small potplant
Loan amounts:$300 - $2,000
Terms:3 - 6 months
Establishment fee:20%
Monthly Fee:4%
APR:N / A *
Comparison Rate:138.37%**

Small Loan Example

Loan amount:$1,000
Terms:6 Months,
(24 weekly repayments)
Establishment fee:$200
Total other fees:$240
Total payable:$1,440
Weekly installments:$60.00

Medium Loans

$2,001 - $4,600

medium potplant
Loan amounts:$2,001 - $4,600
Terms:13 - 24 months
Establishment fee:$400
Monthly Fee:$0
Comparison Rate:65.86%**

Medium Loan Example

Loan amount:$2,500
Terms:24 Months,
(104 weekly repayments)
Establishment fee:$400
Total other fees:$1,609.44 (reducing interest)
Total payable:$4,509.44
Weekly installments:$43.36

Large Loans


large potplant
Loan amount:$5,000
Terms:13 - 24 months
Establishment fee:Variable
Monthly Fee:$0
Comparison Rate:48%**

Large Loan Example

Loan amounts:$5,000
Terms:18 months,
(78 weekly repayments)
Total Interest:$1,897.54
Total payable:$6,897.54
Weekly installments:$88.43

* Not applicable. Small loans do not charge an annual interest rate.

** WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Different loans may include other payable fees and charges. All fees and charges will always be displayed on your loan contract.

Who we've helped

man sitting with phone
quotation mark

Great friendly service

"I couldn't afford my repayments for a while as I was having a few personal issues - I spoke to Barry who provided me with a number of options and was really understanding and helpful- thanks Barry"

- Sarah Lindall


How customers rate Nifty's Personal Loans

Debt Consolidation Loans... Have You Been Looking For A Lender You Can Trust? Look No Further Than Nifty! Overall rating: 4.6 out of 5 based on 232 reviews.

Types of loans