White Goods Loans | Household Finance Loans up to $10,000
What is a white goods loan?

A white goods loan, otherwise known as a household loan, is a personal loan to cover the expense of repairing, replacing or purchasing white goods. White goods are large electrical home appliances that are typically finished in white enamel and can be considered essential goods and services. We offer fast cash loans from $2,500 to $10,000 to cover these modern-day lifesavers.

Types of white goods

You could use a white goods loan to cover expenses for any of the following items:

  • Fridges
  • Washing machines
  • Dishwashers
  • Ovens and microwaves
  • Air conditioners
  • TVs and electrical goods
  • Beds and other furniture

White goods loan for bad credit

Worried your credit history will impact your loan application? Here at Nifty, we like to take a different approach to your credit history. While we conduct credit checks on loan applicants, we will look at your financial situation as a whole. We look at your current relationship with money. So, you can rest assured that your credit score will only be one factor in whether we approve your application.

White goods loans on Centrelink

Not sure if you can apply for a white goods loan while receiving Centrelink? We consider most Centrelink as regular income, so as long as you have been receiving your benefits for at least 3 months and you meet the rest of our eligibility criteria, you can apply for a white goods loan Centrelink with Nifty.

Unfortunately, we cannot provide loans to anyone receiving Jobseeker or Youth Allowance as these are only temporary benefits.

Am I eligible?

We have a few eligibility requirements that all of our applicants must meet. Before you apply, ensure you can say ‘yes’ to the following:

  • You are at least 18 years old
  • You are an Australian citizen or Permanent Resident
  • You have received a regular income into a personal bank account for the last 90 days
  • You have an active mobile number and email address

Frequently asked questions about white goods loans

Still have questions? Here are some of the answers to our most commonly asked questions.

What are the rates and fees?

This will depend on a few factors. The following are things that can affect the rates and fees associated with your loan:

  • The amount you borrow and your loan term
  • Your credit score
  • If your loan is secured or not

For a more detailed breakdown, check out our costs page or use the loan slider at the top of the page.

How much can I borrow?

You can borrow anywhere from $2,500 to $10,000 with our quick cash loan options. Your loan term will vary between 9 and 24 months, depending on your loan amount and your personal preferences.

Do you do employment checks?

We will only conduct an employment check if we need to request more information or verify your employment. If we do need to conduct an employment check, don’t stress – our highly skilled and professional team will not disclose any personal information to your employer, including the reason for your application. However, in most cases, we won’t need to.

Ready to Apply?

Personal Loan Details

Loan Amounts $5,000 – $15,000
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.