*During normal business hours.
Sometimes life throws us a curveball. Maybe your visit to the dentist this week ended up being more expensive than you thought, or perhaps you forgot your internet bill was due this month. Whatever you’re dealing with, small same day loans could be the financial solution you’ve been looking for. At Nifty Loans, we offer small personal loans to borrowers who need fast finance. While we ultimately can’t guarantee your application will be approved on the same day, applying is easy with our 100% online process. So, you could receive the money you need quicker than you think! Keep reading to find out more about small same day loans and how Nifty could help you access funding today.
Basically, small same day loans (also known sometimes as short-term loans or cash loans) are personal loans that provide applicants with funding within the same day they apply. Usually, they are short-term, ranging from 6 months all the way through to 24 months and can be between $300 to $5,000 in size, depending on the lender. Although $500 may seem like an insignificant amount to borrow, many Australians need a little financial help with unexpected or emergency expenses. Even if we’re excellent at budgeting, life can sometimes leave us in the lurch and small same day loans might offer the right solution.
Given their fast turnaround, small same day loans are often used to finance immediate or emergency expenses. If you need to pay for white goods, buy big-ticket items, or cover bills – small same day loans could be just what you’re after. Most small loans only cover personal expenses between $300 to $5,000, so it comes down to what you ultimately need the money for and how much you require. For example, if you have a small business and need a loan, then you’ll probably have to consider some other options for finance.
In your search, you may have seen other lenders offering small bad credit same day loans, but of this we recommend you be cautious. Credit checks are an easy way for lenders to determine how suitable an applicant is for finance and are subsequently a common part of loan assessments. If you do have a poor credit history, you can still apply for and access funding in spite of credit checks.
Lenders such as Nifty have provided loans for people with bad credit scores because we adopt a broader approach to credit when assessing a client’s financial situation. We know bad credit can come about from a range of situations and its lasting impact is not always reflective of the bigger picture. We will look at other factors such as your income and payment history to get a more holistic view.
Regardless, it is always good to check your credit rating prior to applying for a loan to get an idea of your current finances. Not sure what your credit score is? It’s easy to check for free! Just use any of the national credit reporting bodies listed on the Australian government’s website.
Nifty Loans is a trusted online private lender that prides itself on giving all Australians a fair assessment. Basically, we can provide personal loans of $300 to $5,000 to a wide range of borrowers, sometimes including those with a poor credit history.
Best of all, applying with us is easy because we only require the essentials. After you have submitted your online application, we will assess your request and find out whether we could supply you with the finance you need. If you even submit your application within AEST working hours, we could get back to you within as little as 60 minutes. No long-winded questions. No drawn-out approval process.
Above all, Nifty believes in responsible lending. Consequently, we will not give someone a loan we believe they are unable to repay. That’s not to say we will discredit applicant’s with poor credit or Centrelink incomes, rather, we endeavour to give fair and comprehensive assessments to all Aussies looking for finance.
Essentially, we have divided our loan products into three tiers: small, medium, and large. Nifty’s small personal loans can cover a range of expenses you may need help within the short-term.
Here’s everything you need to know about our personal loan products:
|Small Loans||Unsecured personal loans between $300 to $2,000 that can be repaid over a periof of 6 – 9 months.|
|Medium Loans||Secured personal loans between $2,001 and $4,600 that can be repaid over a period of 9 – 24 months.|
|Large Loans||Secured personal loans of $5,000 that can be repaid over a period of 9 – 24 months.|
Every application is subject to assessment, however, if you submit your application during our AEST working hours, we will likely get back to you with an outcome in as little as 60 minutes. If approved, the funds will be transferred to your account straight away, provided your bank has partnered with the New Payments Platform. If not, you can expect to receive your funds overnight at the latest (when signed during business hours). For many of our clients, we know time is of the essence. So, we will always strive to provide prompt assessments and ensure you get the money you need quickly.
With our 100% online application, the good news is, you won’t have to be subjected to ridiculously long wait times because it’s so simple to apply! If you really need fast small same day loans, just make sure you meet our eligibility and documentation requirements to make sure the assessment of your application is smooth sailing.
To be eligible for a small loan with Nifty, you must check all of the following points:
If you can tick all of the above eligibility requirements, there are just a few documents you will need to provide with your application before we can conduct an assessment:
Remember, by providing us with the right documents you could speed up your assessment process and increase your chances of receiving a small same day loan.
Before you apply for a loan with Nifty, it’s important to consider your options and what’s best for your personal circumstances. You may wish to weigh up your monthly outgoings and any existing financial commitments (i.e. mortgage, credit cards, other personal loans) to see what kind of impact a personal loan could have. If you’re looking for small same day loans to cover urgent expenses, will you be able to pay off your other costs in the event you take on another loan?
Ultimately, the information we provide is just a guide. We are not financial advisors so these are just things you may need to personally consider. If you have questions regarding our loan products, you can always contact our friendly team for information on fees, repayment requirements, and more. Above all, we at Nifty believe in transparency, so much of this information will be clearly outlined in the loan agreement we issue you, should your application be approved.
Think you’d like to apply for small same day loans? While we may not be able to guarantee same day approval, Nifty’s application is fast, simple and free! Just follow these four steps to get started.
Scroll up now to use our loan calculator to enter your preferred loan amount and repayment period. Once you’re satisfied, hit the ‘apply now’ button and you will be directed to our completely online application form. Should you choose to proceed with your application, this form could take just a few short minutes to complete.
After you’ve submitted your application form just sit back and relax as our team conducts the assessment process. For applications submitted during regular AEST business hours, you could even have an outcome within as little as 60 minutes.
Should your application be approved, a member of our team will be in touch. They will send over a loan contract for you to read and sign. You should ensure you have read through our agreement carefully and made yourself aware of any fees or charges you could incur for late or failed payment. As soon as you’re happy, simply sign and send it back to us!
Once we have received your signed loan agreement, the funds will be transferred to your account straight away, provided your bank has partnered with the New Payments Platform. If not, you can expect to receive your funds overnight at the latest (when signed during business hours).
So, why not give us a go? Small same day loans could be on the cards for you!
Apply with Nifty’s 100% online application today and you could potentially have an outcome within as little as 60-minutes (subject to AEST working hours). We understand how crucial speed can be when you need to cover an emergency expense. So, our team will do their best to get you your cash in hand as fast as possible.
At the end of the day, we’re here to help you find the right loan product to suit your circumstances. So, if you have any questions please don’t hesitate to contact us directly. We will always do our best to answer your enquiry as soon as possible.
Want to learn more about finance? Nifty has what you need to know, check out the Nifty blog for the latest in finance and lifestyle!
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.