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Category: Financial Security

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Looking to book a holiday, buy that perfect dress for your wedding, or just need a little extra cash to tide you over? Nimble can help.

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February 26th, 2020

What is the Difference Between a Traditional Bank and a Neobank?

Traditional banks have long held a monopoly over the Australian banking sector. In an effort to modernise, most have released digital banking apps so customers can bank at any given hour of the day.  However, a new dawn in banking is coming – 100% digital banks, or neobanks, are making ...

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November 27th, 2019

What is a Neobank and Why Should You Make the Switch?

In its simplest form, a neobank is a bank that operates on digital and mobile platforms, and not out of ...

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November 26th, 2019

Frugal V stingy? How to save money and not be a cheap friend

There’s a fine line between being frugal, and being flat out stingy. Nobody wants the reputation of being a cheap ...

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November 5th, 2019

How Much Can I Borrow With a Personal Loan?

Personal loans fill the gap when you need to pay for something but don’t have the big savings needed to ...

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October 29th, 2019

What Does a Bad Credit Rating Actually Mean for Me?

A credit rating or ‘credit score’ can determine whether or not you are approved for a credit card or loan. ...

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October 25th, 2019

10 Tips for Managing Your Personal Loan Repayments

There are many reasons why people take out personal loans. They can be used to consolidate debt, pay off credit ...

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August 19th, 2019

12 Ways to Make Money Without Having a Traditional Job

Have you had enough of being a teacher, farmer, architect, accountant, lawyer, insurance agent, police officer, social worker or sales ...

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We're Here

to Give You a Hand When You Need It

Looking to book a holiday, buy that perfect dress for your wedding, or just need a little extra cash to tide you over? Nimble can help.

apply now

The information on this website is general in nature and does not take into account your objectives, financial situation or needs. We recommend you consider the Product Disclosure Statement and Financial Services Guide, relating to the Nimble Visa Prepaid Card before making any decision. The Nimble Visa Prepaid Card is issued by Heritage Bank Limited (ABN 32 087 652 024, AFSL 240984, ACL 240984). Nimble Australia Pty Ltd is involved in the promotion and distribution of the Nimble Visa Prepaid Card and is a Corporate Authorised Representative 344 603 of EML Payment Solutions Ltd (ABN 30 131 436 532, AFSL 404131).

Copyright © 2019 Nimble Australia Pty Ltd (ABN 91 135 501 807, Australian Credit Licence 386010)

*Terms, conditions, fees and charges apply, and are subject to change. Applications are subject to Nimble’s credit approval criteria. Redraw not available. Customers generally have funds transferred within 60 minutes of signing their loan contract between 9:00 am and 4:30 pm AEST on business days. Clearance times are subject to your bank.

**The comparison rate for Medium Cash Loans is based on an unsecured loan of $2,500 over a 2 year term and a $400 establishment fee. The comparison rates for Personal Loans are based on an unsecured loan of $10,000 over a 3 year term and a $195 establishment fee.  Nimble does not offer loans for these amounts over these terms. See our full Fee statement for fee details.

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.

For our Small Loans of $2,000 or less, an APR (Annual Percentage Rate) doesn't apply. These loans are fee-based only, and so they don't have an APR. The establishment fee is 20% of the amount borrowed and the monthly fee is 4% of the amount borrowed. For example, a loan of $1,000 repaid over 3 months equates to a total amount payable of $1,320 comprised of $1,000 principal (amount borrowed), $200 establishment fee and $120 in monthly fees.

For our Medium Loans between $2,050 and $5,000, the Annual Percentage Rate (APR) is 47.6158% (Comparison rate 65.6597% p.a.) and there is a $400 Establishment Fee. A Medium Loan of $3,000 borrowed over 1 year would equate to a total amount payable of $4,289 (including a $400 establishment fee). 

For our Personal Loans between $5,000 and $25,000, the Annual Percentage Rate (APR) is from 8.99% to 29.99% (Comparison rate 10.31% p.a. to 31.49% p.a.). ***There is a $195 Establishment Fee for Personal Loans between $5,000 and $10,000, and a $250 Establishment Fee for Personal Loans between $10,000 and $25,000. A personal loan of $10,000 borrowed for 2 years with the minimum Annual Percentage Rate (APR) of 8.99% p.a. (10.31% p.a. comparison rate), would equate to a total amount payable of $11,148 (including a $195 establishment fee). ^Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We will confirm your actual interest rate in your loan offer document.

Copyright © 2019 Copyright © 2019 Nimble Australia Pty Ltd (ABN 91 135 501 807, Australian Credit Licence 386010)

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