*During normal business hours.
*Only available for NPP enabled bank accounts
- It's possible with Nifty.
Ever found yourself in need of money fast? That’s okay, we all find ourselves in that position at some stage. Isn’t it comforting to know that there are options for you to fall back on when times are tough? That’s exactly why we are here! We do fast money loans for when those unexpected moments arise, so not to worry we’ve got your back. Whether you’re looking for bad credit loans or college loans for students – we’re the lender to bank on. So, here’s all you need to know about our loans.
Well, in a nutshell, they can be explained as personal loans that you apply for 100% online. That’s because you don’t even have to leave the house to get a loan. Simply apply online with a device that connects to the internet and voila! You could receive your money the very same day! What’s more is that there is no physical paperwork required, all the documents we need can be submitted to us electronically. Sounds great or what?
At Nifty you can borrow between, $300 and $5,000. We do three
types of loans at Nifty. We do small unsecured personal loans, medium secured personal loans and large secured personal loans. Our small personal loans are for amounts between $300 and $2,000 that you repay over 6 to 9-months. Our medium loans are for amounts between $2,100 and $4,600 that can you can repay over a period of to 9 to 24-months. We also offer large personal loans of $5,000 that you can repay over a 9 to 24-months. Though loans between $2,100 & $5,000 will require a security to be tied to the loan. It can either be a car or a motorbike, and it is just a security for us in the event that you could not repay your loan.
There are no hidden fees when it comes to taking out a Nifty personal loan. All the fees and charges associated with your loan will be clearly laid out in your contract prior to signing. While each loan may carry different costs, we can give you a general idea of the cost of a Nifty loan. For each of the loans listed below, you can find some examples of our basic costs at the bottom of the page.
Depending on what type of loan you apply for, other fees and charges may be payable. You may be charged additional fees if you miss a repayment or default on your contract. For more information regarding the fees and charges surrounding your loan, get in contact with our friendly team of loan experts.
Furthermore, if you’d like to familiarise yourself with the allowable fees and charges for these types of loans just head to the Moneysmart website which outlines all the rules there.
The purpose of your loan is really up to you. Here is a list of some of the reasons people need personal loans:
So, now that you know exactly what fast money loans are, the next thing you are probably wondering is how exactly you can get one? Well, it couldn’t be easier. You just have to hit apply now at the top of this page! In addition, you will need to ensure you have met the eligibility requirement before you apply.
As responsible lenders, we have strict lending criteria to stick to before we lend to anyone. The following is a list of the requirements that one must meet in order to be eligible to apply for a loan:
Along with your application, we will ask you to electronically upload some information to prove you have met the eligibility requirements for the loan application. Here is a list of the things you will need to provide to us as part of your application:
Furthermore, if you are applying for a medium secured online loan (a loan between $2,100 and $4,600) or a large secured loan (of $5,000) we will require details about your asset. The information we will require is:
We pride ourselves on our incredibly quick loan approval time. If you apply within business hours we aim to get back to you with the outcome of your loan application within 60 minutes. Though if you apply outside of business hours, your application will be at the top of our list the next business day.
If we have approved your application, we will extend you a loan offer. All you need to do is review and sign the loan contract, and then we’ll transfer your funds. If you have an NPP enabled bank account, you could even receive this funds instantly!
The New Payments Platform (NPP) is an instant transfer service which allows payments to be made in real-time between customers and financial institutions. This way of making payments is becoming increasingly popular, and a must-have for businesses purely for the fact it’s a faster, simpler way to transfer funds.
Operated by smart technology Osko, it’s becoming well known for its exceptional service and smooth payment transition. Transfers can be completed at any time as it operates 24 hours a day, 365 days of the year for fast and flexible payments. Which means no more waiting until the next business day for the payment to clear, it’s in the account as soon as you press send! *Providing the account transferring to is also NPP approved!
NPP was formed in 2014, and after three years of building and developing the platform, it went live in 2017 to a small number of employees in participating financial institutions. It is now mutually owned by 13 organisations, and as of 2020, more than half the Australian banks have adopted the system, and this will only increase over time.
The way repayments work is we set up a direct debit. That means we organise for your repayments to come out of your account automatically without you having to worry about making the payment on time or not. You can nominate which day you would like your payments to come out of your account and on which payment interval however, we will generally set up your repayments in line with your payday, that way you know you will always have enough money to make your payments on time. You could choose for your repayments to come out of your account on a weekly, fortnightly or monthly basis. Just make sure you keep enough funds available on your repayment day and keep track of your repayments so you don’t come face to face with those nasty dishonour fees.
While we do perform credit checks on our loan applicants it’s not the only thing we look at when it comes to assessing loan applications. We also look at your current relationship with money. That’s because we know that having bad credit doesn’t mean you aren’t going to be responsible with financial commitments. So if you’ve got bad credit, applying for finance is not off the cards for you. Apply today!
The great news is that we do indeed offer a number of loan services such as fast money loans, bad credit loans or green loans for Centrelink recipients. Although we don’t accept all Centrelink applicants, we assess everyone on a case by case basis. For us, the most important thing is to look at your overall income and expenses, and see what you can comfortably afford to repay. That’s because we take our duty as responsible lenders very seriously, and will never lend to people more than we believe they can comfortably afford to repay.
If you are unemployed, applying for finance is not off the cards for you. As long as you are still receiving a regular source of income, like Centrelink into your bank account for at least 90-days we may still be able to help.
There are several reasons why you should choose Nifty. We don’t mean to brag, but we are quite proud of the loans we offer our clients. Here’s why:
We are 100% online which means that we can do really fast and easy money loans! Therefore, our application forms take only a few minutes to complete, and you can receive your funds the very same day!
Another great reason for being 100% online means there is absolutely no physical paperwork that you need to worry about. Everything can be done electronically.
The other great thing about our loans is that all our fees are completely upfront. Everything will be laid out and easy to read for you in your loan contract.
That’s right! If you are ready to pay your loan off early, before the end of the loan term, you can! We are happy for you to pay your loan off early, and we won’t charge you early exit fees. In fact, you will often save on fees and interest doing this. How’s that for flexibility?
Even though we do loans, 100% online, there is still an amazing team of people behind the operations. That means, that at any time throughout your loan term or when you are applying for a loan, there is an amazing team of loan experts here to help you. If you need to contact our team at any time, you can find our contact details here.
To sum up, Nifty Loans is your go-to loan team when you need fast money loans. That’s because we can help out no matter what situation you’re in. So if it sounds like Nifty Loans could help you out when you’re in a pickle, feel free to give us a buzz!
Since founding Nifty in 2016, Bell has continued to make waves within the local financial sector for his continued ambition and willingness to adopt emerging technologies.Read More
$5,000 - $10,000
$2,001 - $4,600
$300 - $2,000
* 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.