Short Term Loans | Quick Personal Loans up to $10,000
Nifty Logo
Apply
Login

Short-term loans to avoid long-term worries

Sometimes, unexpected expenses come out of nowhere. If you don’t have the cash ready to settle your expenses, Nifty offers short-term loans online for eligible applicants. Nifty offers quick cash loans from $2,500 to $10,000 to be repaid over 9 to 24 months. Whether you have urgent medical expenses or a large dentist bill, Nifty Loans may have a loan to suit you.

Nifty Loans is a 100% online lender. We offer one of the fastest loan services in Australia, with instant transfers available upon loan approval. This means you could have your money ready to use within 60-seconds**. We endeavour to deliver you with the fast loans you need.

What is a short term loan?

Short term loans Australia are a form of personal loan used to cover expenses from $2,500 to $10,000. We offer two types of short term loans: medium loans and large loans.

Medium loans are secured personal loans from $2,500 to $4,600. These loans are secured, meaning that an asset must be attached to the loan as security, and can be repaid from 9 to 24 months. Our loans over $2,500 are secured as there is more risk involved for the lender.

Large secured loans range from $5,000 to $10,000. These loans can be repaid over 9 to 24 months and can be used to cover any large personal expenses.

Fore more information about our short term loans, refer to our costs page.

What can I use a short-term loan for?

Icon of a car with it's bonnet open
Urgent car repairs
Icon of a stopwatch
Car registration
Icon of a hand holding a coin
Covering rental bond
Icon of a plane
Taking the family on a holiday
Icon of a calendar with a heart in it
Wedding expenses
Icon of a calendar with a heart in it
Purchasing an engagement ring

How to apply

Applying for a short-term loan is quick and easy. Nifty Loans is a 100% online lender; this means that we handle everything from your application to your repayments online. We are one of Australia’s fastest lenders; we often process our loan applications within 60-minutes* and offer instant transfers** on approval. To apply for a loan with Nifty, follow these simple steps:

Step 1: Apply for your loan online

Select how much you wish to borrow and your repayment terms. Submit your application along with all of your supporting documents.

Step 2: We assess your loan application

Once we have received your application, our team will begin processing. This could take as little as 60-minutes*, depending on your individual circumstances.

Step 3: Review and sign your contract

If your application is approved, we will let you know. Our team will send you a copy of your e-contract for you to review and sign. We encourage you to make yourself familiar with any fees and charges that may apply to you.

Step 4: Receive your money

We will transfer your funds as soon as we receive your signed contract. If your bank supports NPP-enabled transfers, you could have your funds ready to use within 60-seconds**.

Eligibility

Before we can approve your application, we must ensure that you meet our eligibility criteria. Please ensure that you can say ‘yes’ to the following before you apply:

  • You are at least 18 years old
  • You have had a consistent income into your bank account for at least 90 days
  • You are an Australian citizen or Australian permanent resident
  • You have an email address and mobile number
  • You have internet banking set up
Supporting documents

For our team to quickly process your loan application, we must have the following supporting documents.

  • 100 points of ID
  • Your basic personal information (name, D.O.B, address etc.)
  • The reason for your loan
  • Your online banking details (to access copies of your bank statements)
  • Your myGov details (if you receive Centrelink benefits)
Getting a short-term loan with bad credit

Bad credit can make finding a suitable loan difficult. We are an online lender, which means that we are able to take a more inclusive approach to lending. We use bank statement technology to access read-only copies of your bank statements; we do this to assess your income and spending habits. If we determine that you can afford your loan repayments, even with bad credit, we may be able to offer you a bad credit personal loan.

We are guided by responsible lending principles set by ASIC. We may be able to offer you a bad credit loan; this will be completely subject to our thorough individual assessment. We conduct credit checks on every loan applicant in line with responsible lending.

Short-term loans Centrelink

Are you receiving Centrelink benefits and cannot manage an unexpected expense? We offer short-term loans for people on Centrelink. We consider most forms of Centrelink income as regular income. We focus on your ability to repay your loan, not whether you are receiving government benefits. If you have been receiving your Centrelink payments for at least 90 days and meet the rest of our eligibility criteria, we may be able to offer you a fast cash loan.

Frequently asked questions

How much can I borrow with a short-term loan?

We offer loans from $2,500 to $10,000, so you can apply to borrow any amount within this range. We will assess your affordability to ensure that you can manage your loan; if we do not find that you can afford the amount you apply for, we may offer you a lower amount.

Can I get a short-term loan if I have bad credit?

Nifty Loans has offered thousands of Australians bad credit personal loans. We will conduct a credit check and thorough financial assessment to ensure that you can afford to take out a personal loan with bad credit. If we determine that you can manage your loan comfortably, we may be able to provide you with a bad credit loan.

How do I repay my loan?

We will set up a direct debit from your nominated account in line with your pay cycle. This is to ensure that the money for your repayments will be in your account on your payment date. When your loan has been fully repaid, these direct debits will stop.

Do you offer short-term business loans?

Unfortunately, we do not offer short-term business loans. Nifty’s short-term loans are designed for personal use. Short-term business loans are supplied to businesses by lenders that usually start at a minimum of $5,000. Our loans will need to be registered to an individual’s name, not on behalf of an entity or business.

Ready to Apply?

Apply Now