Looking for a private school loan?

So, now you know how to apply, are you wondering who is eligible to apply for a school fee loan? The good news is, we like to keep our application criteria as simple as possible. Here is what you’ll need to meet if you’d like to apply for a loan for private school fees:

• All applicants must be over 18-years old;
• You must be an Australian citizen or permanent resident;
• All applicants must have been receiving a regular income for at least 3-months;
• Have income paid into a personal bank account;
• You must have an active mobile number and email address.

If you can say yes to the criteria above then you could scroll up to the top of the page and use our loan calculator to get started on an application.

That’s right, Nifty’s online application is completely paperless. At Nifty, we don’t believe in overcomplicating the application process with a whole bunch of long-winded paper forms. Our application form is 100% online and can be accessed from almost any device – including your smartphone. You won’t even have to submit paper copies of required documentation. This can all be done online. Here is what we suggest you have handy:

• Personal contact details e.g. active mobile number and email address;
• The reason for your loan;
• Internet banking details;
• MyGov details (if applicable);
• Employment details.

Want to know what the interest rate could be on a personal loan for school fees? At Nifty, we assess every application on a case-by-case basis. That means we cannot explicitly state what your individual interest rate could be. If you’d like to get a better idea of the possible cost of a private school loan, we encourage you to head to the top of the page and use our online loan calculator. You will be able to input your desired loan amount and the repayment period to view what your weekly, fortnightly or monthly repayments could be.

At Nifty, we are committed to responsible lending. Wondering what responsible lending is? Essentially, it is our commitment to doing the right thing by you. At Nifty, we conduct a thorough assessment of all loan applications to ensure our clients are able to afford to repay their loan. All responsible lenders must:

• Make reasonable inquiries about the consumer’s financial situation;
• Take reasonable steps to verify the consumer’s financial situation;
• Make a preliminary assessment of whether the credit contract is ‘not unsuitable’ for the consumer.

If you want to know more about responsible lending you can head to ASIC’s website for more information.

With the introduction of instant banking, Nifty is now able to make funds available quicker than ever. If your bank account is NPP-enabled you could have the funds in your account and ready to use in just 60 seconds**. Instant banking is making it simpler for Aussies to get the cash they need without any of the hassles. Not sure if your bank account is compatible with instant transfers? Click here to check it out.

At Nifty, we know how expensive private school fees can be. Not only do you have to fork out an arm and a leg each term, but parents also have to find the cash to cover uniforms, textbooks, laptops – the list goes on. The good news is, there is no need to do it alone. If you haven’t had much success with traditional lenders, Nifty could give you the fair go you deserve. We pride ourselves on delivering down to earth and friendly service.

We know that when you need a loan to pay private school fees there is no time to wait in line at the bank. At Nifty, we cut through the red tape so you get the best possible chance at a compatible loan product. If you’ve got questions or concerns do not hesitate to contact our team. We strive to ensure your borrowing experience is as stress-free and simple as possible. Call us for a chat or send us a message and we will do our best to get back to you as soon as possible.