Cash in your bank within 60 seconds of approval*

- It's possible with Nifty.

Tell me more!

*Only available for NPP enabled bank accounts
Piggy Bank

Cash in your bank within 60 seconds of approval*

- It's possible with Nifty.

Tell me more!

*Only available for NPP enabled bank accounts

Looking for a fast payday loan? Here’s what you need to know

Fast Payday

What is a payday loan? 

Fast payday loans are short-term loans that enable you to cover the cost of personal expenses quickly until you get your next paycheck. Generally, a payday loan will only be for a small amount, with a very high interest rate. Payday loans are now illegal in Australia, but you can find flexible small loan options from a wide range of lenders. The trick is finding the right online lender for the job! 

Nifty is an online neo-lender making it simple for Aussies to borrow the fast cash they need. If you’re looking for a fast payday loan to cover an unexpected expense, we could help you get a payday loan fast. Our smart online application means we could have an outcome for you in just 60 minutes!* Better still, we offer flexible repayment options – so you can set up your repayments to coincide with your pay. Keep reading to learn more or scroll up now to apply!

Can I get a fast payday loan?

Nifty does not offer payday loans as they are illegal in Australia. We do, however, offer SACC’s which are similar in nature. SACC’s or Small Amount Credit Contracts are usually loan amounts under the value of $2,000 and are repaid over a shorter amount of time. Small Amount Credit Contracts can be used to cover a wide variety of expenses and have flexible repayment terms. So, you can align your repayments to coincide with when you get paid. 

If you have been googling ‘fast payday advance’, ‘get cash fast before your payday’, ‘fast payday loans instant decision’ or ‘fast payday loans online’ then remember that a lender who does claim to provide a payday loan is not complying with ASIC’s Code of Responsible Lending.

Get fast personal loans online

If you’re on the hunt for a fast payday loan, Nifty could help you access the funding you’re searching for. Although we don’t claim to offer payday loans, we do offer flexible repayment options that enable you to pay off your loan in line with your pay cycle. At Nifty, we understand that sometimes Aussies just need a little extra help. So, we are making it simpler than ever to access fast, reliable and safe personal loans. 

The best part is, you can apply 100% online without the hassle of a traditional lender. So, if you’re looking for a fast payday loan, consider applying for a personal loan with Nifty. We may be just what you’re looking for!

What if I have bad credit? 

If you’ve been googling ‘fast easy payday loans bad credit’ it is important to remember that Nifty does not provide payday loans. We could, however, approve personal loans for people with poor credit scores. If you’ve tried and failed time and time again to gain approval from a traditional lender then just ask Nifty. We don’t stereotype, so our team won’t judge you based solely on your credit score. 

We will look at where you’re at with your finances now, rather than focusing on the past. After all, people change and so do financial situations. We don’t think you should be judged on something you did up to 7 years ago. 

Wondering how Nifty determines whether or not you’re eligible for a loan with bad credit? Our team will take a look at your bank statements to assess factors like your spending habits, income and existing financial commitments. If we can see you have made an effort to reconcile bad credit you could be eligible for a loan with us.

Can I get an instant loan? 

Unfortunately, all good things take time. At Nifty, we do not guarantee instant loans, but we can guarantee you a fast outcome on a personal loan if you submit your application during AEST business hours. We understand that when you need quick cash there is no time to waste. The good news is if your personal bank is NPP or Osko enabled you could have the money in your account and ready to use in just 60 seconds, once approved. Not sure whether your bank supports instant transfer? Take a look.

Who can apply?

If you’re looking to access fast money before payday with a loan,  there are a few basic criteria you’ll need to meet before you apply with Nifty. All applicants must: 

  • Be over 18-years old;
  • Be an Australian citizen or permanent resident;
  • Have evidence of a regular income for at least 3-months;
  • Have an active mobile number and email address.

Pretty simple, isn’t it! If you’ve got questions regarding our application criteria you can shoot us through a message and we will do our best to get back to you ASAP! 

Paperless application

When you apply with Nifty, we won’t ask you to submit any paper forms whatsoever! Our application process is 100% online. We will, however, need to grab a few important details from you to properly assess your application. You can submit all the necessary documents completely online. 

Here is what we suggest you have handy: 

  • Personal contact details e.g. active mobile number and email address;
  • The reason for your loan;
  • Internet banking details;
  • MyGov details (if applicable);
  • Employment details.

Will Nifty call my boss? 

Yes, in most cases a member of the Nifty team will get in touch with your workplace to conduct an employment check. This is usually a routine part of our assessment and our commitment to responsible lending. The Nifty team understands that your privacy is very important. So, we will never disclose any of your personal information, including the reason why you are applying for a loan. If you’ve got questions regarding Nifty’s employment check process you can get in touch with our friendly team.

Why do I need to submit online banking details?

At Nifty, we take a realistic approach to lending. We may require your online banking details so our team can access read-only copies of your bank statements. What does Nifty do with bank statements? Well, we take a look at your spending habits, income and existing financial commitments to properly assess whether or not you are able to afford a loan. At Nifty, we want to ensure all of our applicants have the means to repay their loan. If you’d like to know more about this process you can contact the team or head to our FAQ page for more information.

What is responsible lending?

Wondering what responsible lending means? Well, it is our commitment to doing the right thing by you. At Nifty, we will always conduct a thorough yet fair assessment of all loan applications. Our team will never approve applicants for a loan they can not repay. All responsible lenders must: 

  • Make reasonable inquiries about the consumer’s financial situation;
  • Take reasonable steps to verify the consumer’s financial situation;
  • Make a preliminary assessment of whether the credit contract is ‘not unsuitable’ for the consumer. 

If you’ve been googling ‘payday loans online fast approval’, ‘best fast payday loans’, or ‘fast payday loans Australia’ be aware that online lenders offering payday loans are most likely not abiding by ASIC’s Code of Responsible Lending. We encourage borrowers to do their research before choosing a lender. Make sure you read the fine print and make yourself aware of the full terms and conditions of a loan product before agreeing. You can find out more about responsible lending practises on the ASIC website

How do I apply?

While we can’t offer fast payday loans, our quick personal loans are the next best thing. Application with Nifty won’t take you hours, in fact, you could complete our form in just a few short minutes. Here’s how it works: 

You set your requirements

Use Nifty’s loan calculator at the top of the page to select your loan amount and a repayment period that suits you. You will then be able to see what the weekly, fortnightly or monthly repayments could be. 

Fill out the form 

You’ll need to complete Nifty’s online application form. If you’re strapped for time, no worries! Our 100% online application form could only take you a few minutes to complete. Keep in mind that if you submit your form during AEST business hours our team will do their best to get back to you in just 60 minutes. 

We assess your application 

Once we receive your application the Nifty team will get to work assessing your application. We’ll do our best to find you a loan product that matches your individual financial circumstances. You can sit back and relax. Let us do the hard work for you. 

Sign your contract 

If your application has been successful we’ll send over an agreement for you to review and sign. Make sure you read through your contact and let us know if there is anything you do not understand. It is important to remember that you may incur a default fee if you miss a repayment. 

Get your cash 

Once our team receives a signed copy of your agreement we’ll transfer the funds. If your personal bank account is NPP or Osko enabled you could have the cash in your account and ready to use in just 60 seconds.  

What if I can’t make a repayment?

Sometimes life gets in the way and making a repayment just isn’t possible – we get it. If that’s the case, let us know! If you don’t think you are going to be able to make your next repayment get in touch with the Nifty team 24 hours prior and we will do our best to arrange an alternative payment schedule. The most important thing is communication. Let us know what’s going on so we can make your life a little easier!

Want to read more?

Still got questions about fast payday loans? Don’t hesitate to reach out to the Nifty team via our Contact page. Alternatively, if you’re interested to read more about personal finance you can head to our blog

Planning a home renovation? Nifty could have the cash to make it happen.

Get a weekend loan without the stress.  

Loan Costs

Small Loans

Small Loans

$300 - $2,000

Loan amounts:$300 - $2,000
Terms:6 - 9 months
Establishment fee:20%
Monthly Fee:4%
APR:N / A *
Comparison Rate:138.37%**
View Example

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
View Loan Details
Medium Loans

Medium Loans

$2,001 - $4,600

Loan amounts:$2,001 - $4,600
Terms:9 - 24 months
Establishment fee:$400
Monthly Fee:$0
APR:47.8%
Comparison Rate:65.86%**
View Example

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
View Loan Details
Large Loans

Large Loans

$5,000

Loan amount:$5,000
Terms:9 - 24 months
Establishment fee:Variable
Monthly Fee:$0
APR:21.24%
Comparison Rate:48%**
View Example

Large Loan Example

Loan amounts:$5,000
Terms:18 months,
(78 weekly repayments)
Establishment fee and Total Interest:$1,897.54
Total payable:$6,897.54
Weekly installments:$88.43
View Loan Details
* 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.

Loan Costs

Small Loans

Small Loans

$300 - $2,000

Loan amounts:$300 - $2,000
Terms:6 - 9 months
Establishment fee:20%
Monthly Fee:4%
APR:N / A *
Comparison Rate:138.37%**
View Example

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
View Loan Details
Medium Loans

Medium Loans

$2,001 - $4,600

Loan amounts:$2,001 - $4,600
Terms:9 - 24 months
Establishment fee:$400
Monthly Fee:$0
APR:47.8%
Comparison Rate:65.86%**
View Example

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
View Loan Details
Large Loans

Large Loans

$5,000

Loan amount:$5,000
Terms:9 - 24 months
Establishment fee:Variable
Monthly Fee:$0
APR:21.24%
Comparison Rate:48%**
View Example

Large Loan Example

Loan amounts:$5,000
Terms:18 months,
(78 weekly repayments)
Establishment fee and 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.

We don’t stop there

No matter what the occasion is, Nifty has your back.