*During normal business hours.
‘Loans without bank statements’ are loans provided to applicants without first looking over their bank statements. It can seem like an inconvenience to provide bank statements and have to go over months of transaction history. Fortunately, Nifty Loans allows you to apply for personal loans 100% online. This means no wasting time printing hard copies of your bank statements. We believe in making loans simple, so all of our applications are completely paperwork free.
It is a legal obligation for lenders and credit providers to abide by the responsible lending guidelines set by ASIC. Responsible lending protects consumers from incurring debt they will not be able to repay. Here at Nifty Loans, we look at read-only copies of your bank statements to ensure that taking on a loan is a feasible option for you. We will never grant loans that we do not think you will be able to comfortably repay.
We provide loans without bank statements in Australia to applicants that provide us with their online banking details. We will look at your online bank statements using third-party encryption, so you don’t need to worry about finding them. Our 100% online application form involves no paperwork so you can complete it within minutes anywhere, anytime. All you need is an internet connection and a computer or smartphone.
We ask for your internet banking details so that we can access read-only copies of your bank statements and expenses using third-party encryption. We will never be able to make any changes to your accounts or access your money in any regard. All we will do is assess your finances, using both screenshots of your bank statements and a credit check, to ensure that the loan amount and terms you are requesting will be reasonably comfortable for you to repay.
Nifty Loans offers fast cash loans from $300 to $10,000 in three tiers of loan amounts: small loans, medium loans and large loans.
Small loans range from $300 to $2,000 and can be repaid over a period of 6 to 9 months.
Medium loans are for loan amounts from $2,001 to $4,600 and can be paid back over a 9 to 24 month period.
Large loans are for any loan amount from $5,000 to $10,000 and can similarly be paid back over 9 to 24 months.
Interest rates and fees on your loan will completely depend on how much you are borrowing and other factors like your credit score. For more information about our fees and charges, check out our costs page or scroll up to use our loan calculator.
Ready to apply for a quick loan with Nifty? All you need to do is follow these simple steps.
Scroll up and use our loan calculator to determine your loan amount and repayment terms. Once you’re happy, press ‘Apply Now’ and finish the rest of our online application process. This should take you less than 10 minutes.
Once we have received your application, with all the required supporting documents, we will begin processing your request. We will do our best to get back to you within 60 minutes* of submitting your application (if you apply within AEST business hours).
If your application is approved, we will let you know and send you through an electronic contract for you to review and sign. We encourage you to make yourself familiar with our terms and conditions, as well as any additional fees you could incur with things like late payments. Once you’re happy, sign your contract and send it back to us.
Once we receive your signed contract, we will transfer your funds straight to your bank account. You could have the money ready to use within 60 seconds** (depending on which bank you are with).
We only have a few requirements from our applicants. Before you apply, please make sure you can say ‘yes’ to the following:
Not sure what supporting documents you will need for your application? To streamline your application process, please ensure you have the following documents handy.
Still have a question? Here are some answers to our most commonly asked questions about loans without bank statements.
It is required by law that we abide by the responsible lending obligations set by ASIC. As part of this obligation, we must see online copies of your bank statements before we can approve your loan application. We will never grant loans that we don’t think you’ll be able to comfortably repay.
We consider most Centrelink income as regular income, so as long as you have been receiving your benefits for at least 90 days, you should be eligible for a personal loan with Nifty. Unfortunately, we cannot provide loans to people receiving Jobseeker or Youth Allowance as these are only temporary benefits.
We will set up a direct debit to withdraw funds on the same day that you’re paid. We do this to ensure that you’ll always have enough money in your account to meet the repayments. When your loan has been paid back in full, these direct debits will stop. All you need to do is ensure the money is in your account on your nominated day.
We will not charge you an early settlement fee for paying out your loan before the loan term ends. If you are in a position to pay off your loan early, you’re welcome to do so. By doing this you can save money in monthly fees and interest.
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.