Small Loans for Bad Credit | Up to $5,000 | Fast Outcomes | Apply Now

Fast Personal Loans

  • Smart and quick application form, which can be completed in minutes
  • 70% of applicants receive an outcome instantly
  • For applications that do not receive instant outcome, most receive a final outcome within 60 minutes!*
*During normal business hours.

Cash in your bank within 60 seconds

88% of our customers have their funds within 60 seconds of signing their contract.*

Tell me more!

*Only available for NPP enabled bank accounts

Cash in your bank within 60 seconds

88% of our customers have their funds within 60 seconds of signing their contract.*

Tell me more!

*Only available for NPP enabled bank accounts

Fast Personal Loans

  • Smart and quick application form, which can be completed in minutes
  • 70% of applicants receive an outcome instantly
  • For applications that do not receive instant outcome, most receive a final outcome within 60 minutes!*
*During normal business hours.

Looking for Small Loans for Bad Credit? Nifty Could Help!

small loans for bad credit

How to get small loans for bad credit

Experiencing a financial hiccup and on the hunt for small loans for bad credit? The good news is, you can apply for fast small loans even if your credit score is below average. At Nifty Loans, you can apply for a personal loan anytime, anywhere. All you need is an internet connection!

With the quick application process, fast outcomes, and secure repayment options, we can help you get through an unexpected tough situation. If approved, you could even see the cash in your account and ready to use within 60 seconds**!

Who are we?

Nifty is a 100% online lender who offers bad credit fiance and loans to Aussies across the nation who are short cash due to unforeseen circumstances. Our application process is run directly through our website making it a fast, hassle-free streamline to getting a loan. If applicants apply during AEST business hours, we’ll do our best to get back to them with a decision in 60 minutes. We understand the importance of convenience, that’s why we won’t make you stand in a line for hours and print out mountains of paperwork. You can apply from the comfort of your own living room!

If you’re wondering where you can get small loans for bad credit, why not apply with Nifty? We don’t think a mistake you made up to 7 years ago should necessarily affect you today, that’s why we can offer loans to people with bad credit.

What are small loans?

A small personal loan is a short-term finance option that allows you to borrow a small amount of money between $300 and $2,000. The length of this type of loan can be as little as 16 days or as much as 12 months, depending on the lender.

Small loans are a popular solution for urgent cash needs. Sometimes we encounter unexpected expenses such as emergency repairs, medical bills, etc. You could pay high-interest rates on a credit card or wait days for a traditional personal loan to get approved – but why wait? Nifty can provide fast small loans to help you navigate through any emergency easily and smoothly.

How can I get a small loan with bad credit?

It’s easy! Apply online with Nifty and we could have an answer for you in under 60 minutes.* While some lenders won’t provide loans to applicants with poor credit histories, we give all of our applications a fair assessment.

Above all, we understand that bad credit history may result from unfavourable circumstances. Although we do conduct credit checks, we consider other factors when assessing your current financial circumstances.

To qualify for one of our small loans in Australia, you must be over 18, an Australian resident or citizen, and receiving regular income. If you fulfil these criteria, there’s a good chance you could secure a small loan with us.

Which loan company is best for bad credit?

Though there are many loan providers available on the market, Nifty makes applying for personal finance as simple as can be. We use smart technology to assess your loan application quickly while still adhering to responsible lending practices

Here is how we fast-track your process of loan approval:

  • Fill out the short online loan application form on our website. For most of our customers, it takes only a few short minutes to complete.
  • If you meet our small loan eligibility requirements, we will notify you ASAP. Most of the time, we can provide an outcome in under 60 minutes!*
  • Once we receive your signed loan contract, we’ll transfer your funds on the next banking day. If your bank has NPP-enabled payments, that means you could see that cash in your account in just 60 seconds!

Who can apply?

Before you apply, you should make sure you can tick all of the following boxes of criteria. To be eligible you must:

  • be over the age of 18
  • Have an active email address and phone number must be provided
  • Have received some kind of regular income for the last 90 days into an account of your own
  • Need to have internet banking set up

How can I get a small loan fast?

If you’re on the hunt for fast small loans for bad credit, there are a number of ways you can increase your chances of a speedy approval. First, ensure you have all the right information ready to go when you apply, this includes:

  • Your personal details (name, D.O.B etc);
  • Internet banking details (so we can securely access copies of your bank statements);
  • The reason you are applying for your loan;
  • Your MyGov details (if you receive Centrelink);
  • Employment details;
  • Citizenship or residency information.

Next, apply during our business hours and we could have an outcome for you in 60 minutes. If your application is successful, we’ll send you a contract to review and sign. The sooner you send this back to us, the sooner we’ll transfer your funds! Once we’ve got your signed agreement, we’ll send through the money which – if your bank has NPP-enabled payments – could be in your account in 60 seconds!

What kind of loan can I apply for?

Good questions. Nifty offers small medium and large loans to applicants. Before you apply, it’s a good idea to check out the details and see what is going to work best for your circumstances.

Small loans

Nifty offers small loans from $300 to $2,000 that can be repaid over a 6-9 month period. Small loans don’t require collateral such as a car or boat as they are unsecured. So, they are the perfect quick fix. If you’ve run into trouble and need a quick fix then a small loan might be for you.

Medium loans

Medium loans are available for cash between $2,001 to $4,600 and can be repaid over a period of 9 to 24 months. You’ll need to attach something to a medium loan – this is what we call equity or collateral. Equity could be anything from a car to a motorbike to a caravan, it’s up to you.

Large loans

Large loans are personal loans available at $5000. The repayment period on large loans can also be repaid over a 9 – 24 month period.

Can I apply for a loan with bad credit?

Definitely! Requirements for small loans vary from one provider to another. Provided you meet our eligibility criteria, we could approve you for one of our small loans regardless of your credit history. We support customers with quick processing and a smart application form that eliminates the need for paperwork. While we don’t view your credit score as the final deciding factor, we will look at your income and spending habits. At the end of the day, we want to ensure you will be able to comfortably repay a personal loan with us. 

Apply Online for a Small Loan with Nifty Personal Loans Today

Nifty Loans has helped people across Australia access easy and fast small loans for bad credit when they need it most. By choosing us, you could get a small loan valued up to $2,000 to cover a wide range of expenses.

If that sounds good to you, scroll up to apply now and start your application! Alternatively, for more details on our loan products continue browsing our site or shoot us a message on our Contact page.

*Subject to when you submit your application

**Only available for NPP enabled accounts

We don’t stop there

No matter what the occasion is, Nifty has your back.

Our Happy Customers

Loan Costs

Small Loans

Small Loans

$300 - $2,000

Loan amounts: $300 - $2,000
Terms: 6 - 9 months
Establishment fee: 20%
Monthly Fee: 4%
APR: N / A *
Comparison Rate: 138.37%**
View Example

Small Loan Example

Loan amount: $1,000
Terms: 6 Months,
(24 weekly repayments)
Establishment fee: $200
Total other fees: $240
Total payable: $1,440
Weekly installments: $60.00
View Loan Details
Medium Loans

Medium Loans

$2,001 - $4,600

Loan amounts: $2,001 - $4,600
Terms: 9 - 24 months
Establishment fee: $400
Monthly Fee: $0
APR: 47.8%
Comparison Rate: 65.86%**
View Example

Medium Loan Example

Loan amount: $2,500
Terms: 24 Months,
(104 weekly repayments)
Establishment fee: $400
Total other fees: $1,609.44 (reducing interest)
Total payable: $4,509.44
Weekly installments: $43.36
View Loan Details
Large Loans

Large Loans

$5,000

Loan amount: $5,000
Terms: 9 - 24 months
Establishment fee: Variable
Monthly Fee: $0
APR: 21.24%
Comparison Rate: 48%**
View Example

Large Loan Example

Loan amounts: $5,000
Terms: 18 months,
(78 weekly repayments)
Establishment fee and Total Interest: $1,897.54
Total payable: $6,897.54
Weekly installments: $88.43
View Loan Details
* 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.

Loan Costs

Small Loans

Small Loans

$300 - $2,000

Loan amounts: $300 - $2,000
Terms: 6 - 9 months
Establishment fee: 20%
Monthly Fee: 4%
APR: N / A *
Comparison Rate: 138.37%**
View Example

Small Loan Example

Loan amount: $1,000
Terms: 6 Months,
(24 weekly repayments)
Establishment fee: $200
Total other fees: $240
Total payable: $1,440
Weekly installments: $60.00
View Loan Details
Medium Loans

Medium Loans

$2,001 - $4,600

Loan amounts: $2,001 - $4,600
Terms: 9 - 24 months
Establishment fee: $400
Monthly Fee: $0
APR: 47.8%
Comparison Rate: 65.86%**
View Example

Medium Loan Example

Loan amount: $2,500
Terms: 24 Months,
(104 weekly repayments)
Establishment fee: $400
Total other fees: $1,609.44 (reducing interest)
Total payable: $4,509.44
Weekly installments: $43.36
View Loan Details
Large Loans

Large Loans

$5,000

Loan amount: $5,000
Terms: 9 - 24 months
Establishment fee: Variable
Monthly Fee: $0
APR: 21.24%
Comparison Rate: 48%**
View Example

Large Loan Example

Loan amounts: $5,000
Terms: 18 months,
(78 weekly repayments)
Establishment fee and Total Interest: $1,897.54
Total payable: $6,897.54
Weekly installments: $88.43

* 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.