Mini Loans from $2,500 to $10,000 | Fast Outcomes Online
Mini cash loans online to avoid mini headaches

A mini loan online can be used to cover any personal expenses you cannot reasonably manage without financial aid. Nifty Loans offers mini loans from $2,500 to $10,000 for eligible Australians in need of a short term loan. Whether you need urgent medical attention or your car has broken down and needs to be fixed, a mini loan can be used to alleviate some of the stress involved with sourcing the money to cover your costs.

Nifty Loans is an online lender which allows us to specialise in delivering fast and efficient loan outcomes. It also means that you can apply for a mini cash loan online form anywhere in Australia; all you need is an internet connection and mobile phone and you can apply for a small loan online.

What are mini loans Australia?

A mini cash loan is a personal loan that can be used to cover small expenses. We offer two types of personal loans: medium loans and large loans.

Loan Type Security Loan Amount Loan Terms
Medium loan Unsecured or Secured $2,500 to $4,600 9 to 24 months
Large loan Secured $5,000 to $10,000 9 to 24 months

You can find a more detailed breakdown of our loans on our costs page. We offer both secured and unsecured personal loans. Our large loans are secured loans which means that an asset must be attached to the loan as security.

Most common uses for mini loans

We receive thousands of loan applications from everyday Australians in need of a short term financial solution. These are some of the most common reasons we receive loan applications for a personal loan:

  • Urgent car repairs
  • Car registration costs
  • Medical expenses
  • Dental/orthodontic bills
  • Unexpected bills
  • Travel costs
  • Engagement ring finance

We have standard eligibility criteria all of our applicants must meet before we can process their small personal loan online. Please ensure you meet the following eligibility requirements before you apply:

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

While we do provide no paperwork loans, we must still receive electronic copies of your supporting documents in order to process your application. Please ensure that you provide the following documents when you submit your application to receive the fastest loan outcome.

  • Your basic personal information (full name, date of birth, address etc.)
  • 100 points of identification
  • The reason for your loan
  • Your online banking details
  • Your myGov login details (if you currently receive Centrelink benefits)

Bad credit mini loans

If you have been searching for “mini cash loans no credit check”, you may have bad credit. Nifty Loans is an online lender which allows us to be more lenient than traditional lenders with our credit lending requirements. We provide bad credit personal loans to eligible applicants in need of credit. We conduct a thorough financial analysis to ensure that each of our applicants can manage their loan repayments. If we find that you can currently manage a loan even if you have bad credit, we may be able to provide you with an online loan. We have helped thousands of everyday Aussies with bad credit histories access quick finance.

We are required to conduct credit checks on every applicant in line with the responsible lending guidelines set by ASIC.

FAQs about mini loans Australia

Do you provide instant mini cash loans?

Unfortunately, we cannot guarantee an instant mini loan online as every application we receive is subject to an individual assessment. However, we endeavour to process our loans within 60-minutes* so if you need cash now, we can provide you with a quick loan.

How much can I borrow?

You can apply to borrow money from $2,500 to $10,000 and our team will conduct an assessment of your situation to ensure you can manage your loan. Your repayments will depend upon how much you borrow.

What are the fees and charges?

Your personal loan contract will include all fees and charges that may apply to your loan. Interest rates offered to you will be highly influenced by your current credit score. You may also be charged other fees like an establishment fee or monthly fee; this will clearly be outlined to you.

Can I pay off my loan earlier than my agreed loan term?

We do not charge early payout fees on our same day loans. This means that you can repay your loan at any time without incurring early settlement fees, which can range up to $800. Paying off your loan early can save you money on interest and monthly fees.

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.