Dishwasher pack it in? Washing machine starting to mysteriously leak? It’s time to turn to a white goods loan. Let us tell you all about it!
A white goods loan is a helping hand when your life, and appliances, seem to be turning against you. Apply today starting from $300 to $5,000 to find out how a loan can help make life that little bit easier.
Sometimes you just have those days. You’re running late to work, you rush to grab your travel mug from your dishwasher and you realise it’s still DIRTY. Oh no!
Your dishwasher is broken. Usually, it always happens when you’ve just received your energy bill and payday is still 2 weeks away. That’s where Nifty Loans comes in. We know you don’t plan emergencies – no one does. That’s why we offer quick finance for all Australians. Now, you can breathe a sigh of relief knowing that Nifty Loans has your back. Before we tell you more about our loans, we’d better tell who you’re getting into bed with.
When unexpected disasters strike, turn to Nifty Loans for easy finance.
Nifty Loans is your helping hand when you need it most. We are a small loan company dedicated to finding easy finance for all Australians. Our loan service is 100% online. That means no tiresome lines at the bank, no endless meetings and mountains of paperwork just to get some simple finance. That’s right, you can apply from the comfort of your couch or on your lunch break.
Nifty is always just a tap away when the unexpected strikes. We offer secured and unsecured personal loans starting from $300 to $5,000. We believe that small loans should be fast and just plain easy. No complications, no paperwork. That’s Nifty.
Get the facts
Small, online lending may get a bad rap sometimes. There are some lenders out there who will seduce you with phrases like no credit check loans or payday loans. But we’re not like that.
Nifty Loans don’t want you caught up with finance that you didn’t agree to. That’s why every loan is assessed thoroughly to ensure that our clients can afford to make repayments without getting into unnecessary financial difficulty. It’s also why we’re sticking to our commitment to transparency. No nasty surprises – that’s our promise. By providing personalised, fair finance that can help when the unexpected strikes, and laying it all out in your contract, we’re helping Aussies like you get the loans they need to get ahead.
What is a white goods loan?
It is simply either a secured or unsecured personal loan you can use to purchase white goods, such as a dishwasher or washing machine. Applying has never been easier. With our application form that can take only minutes and 60 minute assessment times (in normal business hours), you’ll have your funds before you know it!
You can either apply for an unsecured or secured loan. If you apply for a loan over $2,001, then you must provide equity as security, such as a motorbike, boat, caravan or new/used car.
We know that everyone needs a little help in dealing with the unexpected from time to time, so we know when you need money, you need it fast. That’s why we offer an easy application, fast outcomes and speedy cash. That’s Nifty!
Who is eligible?
You may be thinking, “This sounds too good to be true, there must be a catch.” Well, there’s no catch! We offer easy finance – simple as that. However, we do have a few little requirements you must meet before applying (we are responsible lenders after all):
- You must be 18 years or over
- Be an Australian citizen or permanent resident
- Be receiving a regular income into a personal account for the last 3 months
- Have an active mobile number and email address
That’s it! Just those four little requirements and you qualify for easy finance. Of course, when you submit your application we dig a little deeper to see if you’re suitable for our loan service. If you don’t know whether you qualify for a white goods loan, we encourage you to apply – we pride ourselves on looking at the individual circumstances of each application.
We think that time is money, so we want to save you some with our speedy application. We want to give you all the tools you need to succeed when you’re completing your application. So, to fly through your application, have these details handy:
- Personal contact details e.g. active mobile number and email address
- Reason for a loan
- Bank account details
- MyGov details
- Employment info
If you have these details handy, you’ll have applied for a before brewing your first cup of coffee (or, second!).
Why we ask for your bank account details
If online scams have taught us anything, it’s to be wary of online entities asking for our bank account details. But don’t worry you can trust us. How you may ask? Well, we’ll tell you why we need your bank account details. We utilise the latest in the safe banking technologies to access a read-only copy of your bank statements and expenses. Our loan assessors don’t have access to your accounts. We just want to save you time and hassle. Instead of digging up bank statements and expenses, we can just have a look for you. It’s what makes our online application so speedy!
How to apply?
Simply follow these steps and see how we assess your application:
Part one: Apply online (your only task!)
Applying is made easy with our speedy online application. Did you think that brewing a cup of tea and applying for a loan would take the same amount of time? Well, it’s true. Our online application can take only minutes to complete.
To start, scroll up and use our loan calculator to begin your application. Firstly, select how much you wish to borrow and for how long. Then, select how frequently you wish to make your repayments; either weekly, fortnightly or monthly. Pop in your mobile number as well so you can verify your identity. Once, you are happy with your loan terms, click the Apply button and you’re already on your way to completing your application.
Part two: Initial Outcome
We don’t like cheesy suspense here at Nifty Loans, so minutes after you apply we’ll give you an initial outcome for a loan advising if we can move to a final assessment. Whilst your crushing those candies keep an eye on your notifications for incoming updates.
Part three: Assessing your application
After we let you know that you qualify for our service, we will begin the process of assessing your loan application. Whilst we assess your loan, we adhere to responsible lending practices. We won’t approve an applicant that cannot afford to repay their loans. We don’t want our clients to end up in worst financial shape.
Part four: Delivering your moolah!
Congrats, if you’ve made it this far it means you’ve been approved! Once you sign on the dotted line your moolah, your funds could be sent out to you on the same day (if you have accepted you contract in normal business hours). You could apply over breakfast (maybe a new coffee machine?), and have your moolah at the latest overnight! Times may vary depending on the speed of the banks, but you’ll have your funds overnight at the latest.
Now you know the in’s and out’s of applying. If you do have any questions, contact our loan specialists – they’ll have all the answers you’ll need (about loans, of course).
No invisible costs
At Nifty Loans, we believe that honesty is the best policy. That’s why are 100% upfront about all our loan costs. We don’t hide our costs in invisible ink at the bottom of your loan contract (no need for a black light!). You can find our costs all over our website, but in case you missed them, here they are again:
For small unsecured personal loans from $300 to $2,000
- Establishment fee: A once-off fee of 20% of your principal
- Ongoing fee: Monthly fee of 4% of the principal
- Missed repayment fee: Unfortunately, if you miss a repayment we charge your account a $27.50 dishonour fee
For medium secured personal loans from $2,001 to $4,600. Loans over $2,000 require equity as security, such as a boat, caravan, motorbike or new/used car
- Establishment fee: A once-off fee of $400
- Ongoing fee: An annual percentage rate of 48% of the principal
- Missed repayment fee: If you miss a repayment, then we charge your account $27.50
For large secured loans: $5,000
- Ongoing fee: An annual percentage rate of 21.24% of the principal
- Missed repayment fee: If you miss a repayment, then we charge your account $27.50
And that’s it! Just those little costs. Nothing more – we promise!
Our easy loan experience doesn’t stop once you sign your loan contract. We offer easy repayments as well! Much like our application process, our repayment system utilises the latest in safe banking technology to save you time and hassle. We simply set up a direct debit to your nominated bank account and your repayments will be automatically transferred once they’re due. It’s that easy. No need to worry about setting hundreds of reminders only to forget to the due date anyway. Now, you can spend your time on what you do best, rather than worrying about due dates.
Do we perform credit checks?
The short answer is yes, we do perform credit checks as part of our responsible lending practices. However, don’t let that deter you from applying for quick cash loans. We are more lenient in this regard than traditional lenders. Nifty Loans understands that sometimes life just happens and we don’t think your future self should continually pay the price. We want to give any Australian a fair go for easy and accessible finance.
Do we offer white goods loan bad credit?
Yes! If you have bad credit and looking for finance, we can help you out! We believe in second chances. So, if you think you may not be approved for online loans, think Nifty! Instead of simply looking at your credit score, our loan specialists look through your credit history to find and highlight your good qualities and really make you shine.
Do we offer white goods loan for people on Centrelink?
Much like our white goods loan bad credit, we do offer loans for people on Centrelink. If you’re receiving Centrelink and looking for finance, then you may have been knocked. But, at Nifty, we consider Centrelink payments as regular income as long as you’ve been receiving it for at least 3 months. So, if you receive Centrelink and you’re on the hunt for finance consider Nifty Loans.
Let’s be friends
So, now you know everything there is to know about white good loans, so perhaps it’s time to put your knowledge to the test and scroll up to apply now!
You may be experiencing information overload, but don’t worry if you have unanswered questions about our service. You can head to the FAQs page at any time and see if your answer is waiting for you.
If you’re looking for a car loan, Nifty can now help you out, bad credit and all!