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About Nifty Personal Loans

Nifty Personal Loans is an innovative lender that utilises the latest cutting-edge technology as well as years of experience in the financial services industry to deliver short, medium and long term loans to thousands of Australians. We want to give every Australian who is seeking easy finance a fair go. That’s why we look at clients who have bad credit and are receiving Centrelink payments

Nifty offers three different loan types; Small loans ($2,000 and below), Medium loans ($2,100 to $4,600) and Large loans ($5,000). Each type is designed for different a situation and, as such, have different costs and fee structures. For examples of each loan type and a detailed breakdown of the costs, please visit our Costs page. Please note that our Medium and Large loans will often require a vehicle as security.

We believe that everyone deserves a fair go, regardless of your financial past. We do conduct credit checks, however, we look at more than just your credit score. Nifty Loans look at your current relationship with money, as well. It can always be trusted that we’ll assess your individual situation, verify your details thoroughly and only lend you an amount you can comfortably afford to repay.

The Application Process

We take the stress out of applying for a loan. Simply submit an application online, which should take no longer than a few minutes. The loan application is paperless and in most cases, you could receive a decision within 60 minutes if you apply within normal business hours.

Having your mobile, email and banking details is always handy when starting a new application. We’ll let you know if we need any extra info via text and email. So, after you apply keep an eye on your notifications.

No. Small loans of $2,000 and below are unsecured and do not require any sort of asset to be used as collateral. Medium and Large loans are a little different. A vehicle may be requested to be used as security. Adding a security against the loan greatly reduces the risk to the lender, this allows us to be a little more lenient when assessing the application. Please note: A vehicle can only be used as security if the applicant is the registered owner of said vehicle.

We only accept applications online, as we are 100% online. We have made our application process as quick and easy as possible. As long as you have access to the Internet you will be able to apply for a Nifty Personal Loan on any device. You can apply for a Nifty Loan from anywhere (as long as you’re connected to the internet), you could be in Byron soaking in the sun, or tasting some wine in the Barossa Valley – wherever you are, Nifty is right in your pocket.

Yes! You can apply with Nifty Loans if you are bankrupt (although there may be some changes to our assessment criteria). If you’ve been discharged from bankruptcy you are also welcome to apply for fast loans. We understand that life doesn’t always go to plan and we’re not in the business of saying no to loans if you can afford the repayments.

We do perform a credit check or a formal credit enquiry. We consider credit checks an important aspect of our responsible lending policy. However, we do look at more than just your credit score. We also look at your current relationship with money, and that includes income and expenses. For all loans, we ensure that we only lend to customers when we know they can afford one of our loans.

Our digital application is smart, fast and very easy. This means you can still apply outside of business hours 24/7. Once we open, our loan specialists will aim to have an outcome for your within 60 minutes, however, this time can fluctuate depending on the number of applications. You can complete our application in minutes, with zero need for paperwork or headaches! If you have any queries, simply contact us and one of our friendly operators will be able to assist.

Every application is assessed against our responsible lending guidelines; we consider your income amount, income stability, loan and direct debit history, dishonour percentage etc. In short, there really is no ‘chance’ of getting approved, it is very case by case. If an application has been unsuccessful within the past 7 days, there is a good chance the outcome will be the same.

The best thing to do now is sit back, relax and wait for an outcome. Our team will be in contact if we require any additional information. If you’re approved, we’ll send over an electronic contract for you to review and sign. Once we’ve received the signed contract, we’ll transfer the cash to your nominated bank account.

After you sign your electronic contract, we release the money to your bank account, if confirmed by 4:30pm AEST (during banking days). Otherwise, the payment will be processed on the next business day. Access to your money is subject to normal bank transfer times and your bank, however they should be available at the very latest overnight the day the funds are sent. It’s that easy.

Bank Statements

We are required by law to obtain the past 90 days of your most recent bank statements. We use these both as a form of identification and a platform to assess your financial suitability. Please be aware that we may request bank statements from any account you have previously owned (open or closed), this is to ensure our income and expenditure assessment is as accurate as possible. We use the latest the safe banking technology to deliver the fastest results and at the same time safeguard your information.

We access your recent bank statements through our trusted partners, who use the same technology used by a number of other financial services companies. This means you can avoid all the messy and time consuming work of getting your bank statements to us. It is not possible for anyone at Nifty Finance to see or access your online banking password.

Fees and Repayments

We charge standard fees and rates for our Nifty Personal Loans. To view detailed information about the costs of our loans, please visit our costs page.

Repayments are made by direct debit, usually in line with your pay cycle. This takes the hassle out of making repayments as the money is automatically deducted from your account when nominated. If any changes need to be made, feel free to contact our team for amendments. The power is yours when it comes to repayments.

Other fees and charges may be applied in the event a contracted repayment is missed or amended. These will always be outlined in the loan contract. So, make sure your account is topped up with some moolah before your next repayment is due.

There are no extra costs to pay out your loan early! In fact, paying out your loan early may save you money on monthly fees or interest! Isn’t that Nifty?!

If you can’t make a repayment, you should contact us straight away. Our friendly customer service team will be happy to discuss your situation.

We understand your circumstances may change after taking out a loan. If you are experiencing financial hardship, you should contact us immediately, and we may be able to vary your contract. Contact 1300 471 328 or email us

How can I Contact Nifty

You can contact us using the details on the contact us page.

Should you not be satisfied with the service you have received, please let us know. For more information on how we manage complaints, please see our dispute resolution policy.

Existing Customers

Yes & no. Generally, you can have one small loan ($2000 and under) and one medium loan ($2100 and above) at a time. If you currently have a small loan, you are welcome to apply for a medium or large loan of $2,100 and above. If approved, your two loans will run side-by-side with two separate repayments. (Please be aware the assessment process can vary between the two loans.) If you currently have a small loan and you were looking to re-apply for an additional small loan, your existing one will need to be paid in full before we can extend an additional offer. If you currently have a medium loan, you can also reapply for another medium loan and we can look at redrawing or refinancing your original loan.

You can apply for a loan at any time. We will assess each loan application to make sure it will be suitable for you in line with our responsible lending obligations.

We don’t have a login portal or app, but we are working on it. In the meantime, if you need information about your account, such as statements or balances, you can contact us through our contact us page.

If you need information about your account, such as statements or balances, you can contact us through our contact us page.