- Outstanding customer service
- 60-second transfers once approved3
- Fast applications1 and same-day loan outcomes2
- Check if you qualify - no impact on your credit score
We're a part of the award winning Jacaranda Finance group.
Here's what you can expect:
Have you ever found yourself in need of some fast funds to help pay for a major life expense? That’s when you can turn to Nifty Loans.
At Nifty, we want to give all Aussies a fair go when applying for finance, no matter their credit score. We help find loans for Australians with bad credit, good credit and everything in between.
How can Nifty help?
At Nifty, we take pride in connecting people with quick approvals and helpful customer service, and we’re one of Australia’s most trustworthy small online lenders.
We work with lenders who can offer all kinds of loans, big and small, and most importantly, will consider more than just your credit history if you’re worried about your credit score. When our lending partner assesses your application, they also take into account your current financial position by considering factors like your income, your expenses and how you’re handling your current financial commitments.
If referred to Jacaranda Finance, you can check if you qualify for one of their loans without impacting your credit score at all!
What are bad credit loans?
Technically, ‘bad credit loans’ aren’t actually a thing, as most lenders don’t specifically offer loans to people with bad credit. Even the term ‘bad credit’ isn’t used by the major credit bureaus like Equifax. Instead, they prefer to use terms like ‘average’ or below average.
A bad credit loan is a term used to describe a type of loan for people with a less-than-ideal recent credit history that might be preventing them from getting the finance they need.
How to apply for a loan through Nifty
The application process with Nifty is super simple. We won’t ask you for hundreds of documents or require multiple phone calls. In fact, a loan could be yours in just four easy steps:
Step 1
You can check if you qualify for a loan with our lending partner before you formally apply. This means your credit score won’t be impacted until you decide to move forward with an application.
Step 2
Use the online application form to apply whenever and wherever you are in Australia. An application can be completed in as little as 5-12 minutes1.
Step 3
Sit back and relax while the loan specialists review your application. Depending on when you apply, you could have an outcome on your application on the same day2.
Step 4
If approved, you could have the funds transferred into your nominated bank account within 60 seconds3!
Nifty Loans aims to give everyone a fair go at applying for quick finance. However, we do have a few requirements to meet before you can apply for a loan:
- Be at least 19 years of age.
- Be employed on a permanent or casual basis.
- Have a consistent income going into your own bank account for the last 90 days.
- Be in control of your finances and handle existing financial commitments comfortably.
- Be an Australian citizen or permanent resident with a fixed address.
- Have an active email address, phone number, and online banking account in your name that belongs to you.
We want to make borrowing cash easy. That’s why you can complete our online application in minutes! But before you begin, have these details handy to really breeze through your application:
- Personal contact details
- Reason for your loan
- Bank account details
- MyGov details (if applicable)
- Employment info
If you have any questions about our application and what you need, don’t hesitate to email our friendly team of loan specialists at info@niftyloans.com.au.
Other benefits of Nifty loans
If you’re looking to improve your credit and build some good financial habits, Nifty could be the right lender for you! We offer the following benefits through our lending partner, Jacaranda Finance:
Comprehensive Credit Reporting
Our partner, Jacaranda, is a registered Comprehensive Credit Reporting (CCR) participant. As your positive credit behaviour will be reported, making your loan repayments on time and in full could help improve your credit score over time.
Check your credit score
Our lending partner, Jacaranda, also makes it easier for customers to check and track their credit score’s progress.
You can track the progress of your credit score with monthly updates to help you monitor your credit in real time by signing into the Jacaranda Finance FastMoney app and opting in.
The best part? Checking your credit score in the app is completely free for customers.
No hidden costs
We are 100% transparent about our loan costs: when applying for a loan, all the possible costs will be in your loan contract.
Our costs do differ depending on the amount you decide to borrow. To check out some of our expenses, you can find some examples on our rates and fees page.
Flexible repayments
Our loans are also highly flexible, allowing you to tailor your repayments to your needs. You can easily manage your loan to:
- Make extra repayments and early loan payouts at no additional cost
- Change the frequency of your repayments (weekly, fortnightly or monthly)
- Change the date your payments are direct-debited from your account
With Nifty, there’s no need to mess around with complicated repayments.
100% online
Nifty operates solely online, meaning you won’t be dragged in to sign endless paperwork. We make it easy to apply for and manage your loan entirely online. With Jacaranda’s mobile app, you can also opt-in to check and monitor your credit score.
Frequently Asked Questions
How fast can I get a loan through Nifty?
Through Nifty, you could have your loan approved on the same day2 if you apply during business hours, and, if approved, your funds paid out in just 60-seconds3. While we can’t guarantee this for every application, applying within business hours will increase your chances of a speedy response from one of our helpful lending specialists.
Does Nifty do credit checks?
As responsible lenders, your lender must make reasonable enquiries to ensure the suitability of a loan, which involves performing a credit check. However, this doesn’t mean your application automatically won’t be successful if you don’t have a high credit score.
The loan assessors give each and every application a fair assessment, so don’t let your credit score stop you from applying.
If you aren’t sure if you qualify, you can check this before you apply without impacting your credit score.
What fees and charges can I expect with Nifty?
The expected fees and charges for your loan will depend on your individual financial situation and the loan amount you are applying for. Your monthly fee rate and interest rate will also be impacted depending on these factors. So, to find a detailed breakdown of the possible costs of a loan, visit the costs page.
What other kinds of personal loans do we offer?
We have a myriad of loans on offer through our lending partner for Australians with all kinds of varying credit scores, such as:
- White goods loan
- Renovation loans
- Car repair loans
- Car registration loans
- Swimming pool loans
- Dental loans
- Holiday loans
- Wedding loans
- Medical loans
- Vet bills and pet finance
And much more. Check if you qualify today!