Personal Loans Up To $10,000 | Fast Cash For Urgent Expenses
Nifty Logo Jacaranda Finance Logo

What's New?

We’ve become part of the award winning Jacaranda Finance.

Here’s what you can can expect:

  • Competitive personal loan products and rates
  • Money straight to your bank once approved
  • Market leading customer service
  • Fast application outcome
  • Minutes to apply online

Need a loan quickly?

We are one of Australia’s fastest-growing small online lenders. We service online loans up to $10,000 for everyday Aussies – with repayment periods up to 24 months.

Documentation you'll need
  • Personal info
  • Contact Information
  • The reason for your loan
  • Internet banking details
Eligibility criteria
  • Be at least 18-years of age
  • Be an Australian citizen or permanent resident
  • Have an active mobile number and email address
  • Have been receiving regular income for the past 90-days

Ready to apply?

You can apply for up to $10,000
within minutes!

Our Happy Customers

What can I use my cash for?

Personal Loan Calculator
I want to borrow $5,000
Paid back over 12 months
4.8/5 200+ reviews

The Interest Rate for Secured Large Amount Loans is 21.24%. Maximum Comparison Rate is 48% p.a. 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.

Frequently Asked
Questions

What is a personal loan?

A personal loan is a sum of money that you borrow from a lender to use for a personal expense. Lenders range from banks and credit unions to online lenders like Nifty! You then repay the borrowed amount with interest in fixed instalments over a set period of time.

How quickly can I get a personal loan?

Nifty offers one of the fastest loan services in the country. We pride ourselves on being able to offer same day loans to Australians nationwide. We utilise the latest and safest banking and identification technology so you know that your information is safe with us.

Most people submit their application in under 10 minutes. If you apply during AEST business hours then you could get an outcome on your loan in as little as 60 minutes.* If approved, Nifty offers instant transfers, so you could have your money immediately after you’ve signed your contract**.

How much can I borrow?

Nifty personal loans range from $2,500 to $10,000. The repayments period will differ slightly depending on how much you apply for.

Can I get a bad credit personal loan?

Yes, you can! Traditional lenders, like banks or credit unions, will typically see bad credit as a huge red flag. Nifty, however, works a little differently. We approve loans for people with bad credit every single day!

Although we do take your credit score into consideration, we tend to put more weight on factors like current income, repayment commitments, and spending habits. If we can see that you’re able to comfortably afford the loan repayments, then you’ll have a higher chance of getting approved.

What’s the difference between secured and unsecured loans?

Secured loans are personal loans that are secured by an equity/asset. The asset could be any type of vehicle, such as a motorbike, car, boat or caravan. This is to protect the lender of any financial loss in the case that you are not able to repay your loan. Borrowers who attach an asset to their loan are usually allowed to borrow a larger amount as they are considered less of a ‘risk.’

An unsecured loan does not require you to attach an asset of value to your loan. These loan options are considered riskier options for the lender so borrowing amounts tend to be smaller. Unsecured loans are especially convenient when you need to borrow a small amount of cash to cover a small expense.

Do you conduct credit checks?

Yes, Nifty does conduct credit checks on eligible applicants. This is a requirement in our responsible lending guidelines. However, if you have bad credit you shouldn’t let this deter you from applying. We aim to give every Aussie the fair go they deserve at accessing finance. If we can see that you’ve been responsible with money and will be able to comfortably afford the loan repayments, then we can look past your bad credit score.

Can I refinance my personal loan?

Yes absolutely. Refinancing your personal loan refers to paying off your current loan with funds from a new loan with a better rate or terms. If you’d like to refinance a personal loan with a Nifty loan, then you’ll need to let us know when you’re applying. We’ll do our best to find you a suitable loan option.

How do I make repayments?

Loan repayments are made by direct debit. This method of payment takes out the hassle of trying to remember when to make repayments as it’s automatic. We’ll usually align your regular installments with your pay cycle, to ensure there is enough money in your account to make repayments.

Personal Loan Details

Loan Amounts $5,000 – $10,000
Loan Terms 9 – 24 months
Starting Interest Rate (APR) 11.42% (Excellent Credit)
Starting Comparison Rate 14.49% (Excellent Credit)
Ceiling Interest Rate (APR) 21.24% (Average Credit)
Ceiling Comparison Rate 45.56% (Average Credit)
Type of rate Fixed Rate
Repayment options Weekly, Fortnightly, Monthly
Monthly Fee $0
Early repayment fee $0
Average turnaround 60 minutes*
Loan Options Unsecured & secured options

Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $12,389.76. WARNING: This comparison rate is valid 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. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 14.49% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 11.42% (14.49% comparison rate) with a maximum of 21.24% (45.56% comparison rate). The minimum loan term is 9 months and the maximum loan term is 24 months. For more details and examples visit our rates and fees page.