Centrelink Loans And Loans For People On Centrelink?

Loans for people on Centrelink are potentially available up to $10,000 through Monzi’s lender-finder service. However, you may be eligible for a Centrelink advance loan through Services Australia.

What are instant cash loans for Centrelink?

A Centrelink cash loan is a credit option for people who receive Centrelink benefits. Moreover, they are also known as pension cash loans, cash loans for pensioners and fast cash loans for Centrelink. In addition, these loans may be available from $300 upwards. If you receive benefits, these loans may be an alternative to payday loans.

It’s simple to apply for short term personal loans. However, it may not always be your best option. As we mentioned above, you may be eligible for an advance through the Services Australia. Often, these Centrelink loans instant outcomes will be a better option than bad credit loans from online lenders.

Applying for Centrelink loans through Services Australia

You should try to apply for Centrelink loans through the Services Australia official website before finding online loans with easy approval.

These Centrelink loans may be an option if you meet the following criteria.

  • You are receiving certain government or Centrelink benefits.
  • Are on a low income.
  • Haven’t received an advance payment in the last 12 months.

These advance loans come with no credit check.

Am I able to get a loan from Services Australia?

You may be eligible to receive a loan from Centrelink themselves. Often, these small loans may be a better option than one from a credit provider, as they can easily be repaid interest-free out of your future payments.

Can Centrelink pay you early?

If you receive certain Centrelink benefits, you may be eligible to apply for an advance payment. In short, this is where the government pays you part of your benefits early. It is then repaid interest-free out of your future payments.

These loans may be a great option for many borrowers who receive Centrelink benefits.

Benefits of an Advance Payment

There are many benefits to accessing Centrelink loans out of your benefits. These include:

  • interest-free;
  • easily repaid out of your future Centrelink benefits;
  • easily accessed online; and
  • having very affordable repayments.

Receive Centrelink? Consider an advance payment before applying for short term loans.

Am I eligible?

It must be noted that not every single person receiving Centrelink payments is eligible for an advance. However, you may be eligible to apply after receiving certain Centrelink benefits for a period of time.

You are able to access a full list of who is eligible from the Services Australia. All you need to do is find your Centrelink payment type (e.g. Youth Allowance or the age pension) and check the availability and requirements.

How do I borrow money from Centrelink?

These Centrelink loans are available through Services Australia and Centrelink. Moreover, the easiest way to apply is online via myGov.

Before you lodge your application, you will need to calculate your income and expenses. You will, in addition, need to supply this information in your application. This is done, simply, so that Centrelink can tell if you can afford to repay your loan.

Once you have this information ready, you can go ahead and apply:

  1. Sign in to myGov and select Centrelink.
  2. Next, click Apply for Advance.
  3. You will, now, be shown if you’re eligible to apply or not.
  4. If you’re eligible, click Get Started.
  5. Follow the steps to lodge your application.
  6. Keep in mind, each screen will have helpful information on how to complete the application.
  7. Lastly, submit your application.

Finally, once your application has been submitted, you will receive a receipt letting you know if it was successful. If successful, you’ll also receive a summary detailing the terms of your advance payment.

How much can you borrow from Centrelink?

There is a limit on how much money the government is able to lend you. This will, after all, depend on what kind of benefit you receive, as well as your individual circumstances. For example, if you’re part of a couple, the amount you may be approved for will change.

Are you, therefore, wondering if you can get a $1,000 Centrelink loan? The answer is, simply, it depends on your circumstances.

To find out more about advance payments, you will need to get in contact with Services Australia directly.

How often can you get a Centrelink advance payment?

You can, generally, get one advance every 12 months. However, this may vary depending on what benefit you receive. Also, the amount of the advance will depend on what benefit you receive.

Again, to learn more, contact Services Australia and they may assist you.

On benefits and looking for an instant loan? You may receive your advance quickly. Therefore, you may not need to apply with lenders offering quick cash loans.

How do I apply for Centrelink?

If you’re not yet a Centrelink customer, then applying for Centrelink loans won’t be an option for you yet. However, if you find yourself needing financial assistance, then it’s important to understand how to apply.

Luckily, it is quite easy.

Firstly, you will need to create a MyGov account (if you haven’t already) and then link it to Centrelink. Then, you’ll need to follow the prompts to submit a claim. Obviously, before applying, you’ll need to determine which Centrelink payment is right for you.

As part of your application, you typically must submit a handful of supporting documents and answer a range of questions regarding your financial situation. Once completed, you can submit your application. From there, it will be processed, and you will usually receive an outcome in the coming weeks.

What types of small personal loans can Centrelink recipients apply for?

You have a few options available to you if you’re receiving Centrelink and are looking for a loan of $2,000 or less. Moreover, you can potentially apply for personal or payday loans while living in Australia:

  • Personal loans. It is possible to apply for small personal loans from $300 to $2,000 from banks, credit unions and other credit providers if you are receiving Centrelink benefits.
  • Payday loans. Small, short term loans potentially available to Centrelink recipients and consumers with poor credit.

Keep in mind, there is no guarantee payday loans will be offered with no credit check. Moreover, be aware that certain Centrelink payments may not be eligible (e.g. Youth Allowance). However, consult with your lender.

Loans for people on Centrelink: can I get a loan if I’m on benefits?

In short, yes!

Monzi’s lender-finder service may be able to pair you with a credit provider who can offer you a personal loan.

Keep in mind, most credit providers are unlikely to offer Centrelink loans over $5,000.

If you are receiving government benefits and have an unexpected expense pop up, you may try to find an emergency cash loan. However, many traditional lenders will automatically refuse your application if these benefits make up part, or all, of your income.

If you also have poor credit, your chances of being approved shrink even more. You could, on the other hand, apply with alternative lenders who offer loans for Aussies receiving government assistance. If you have bad credit and receive government benefits, you may be approved for these loans.

Loans for people on Government assistance

  • Are a way for people on low income to access credit;
  • an option for borrowers on low income to cover an unexpected expense;
  • a fast and convenient way to get cash into your account; and
  • could be transferred into your account the same day you apply.

You could apply for these if:

  • the lender accepts Centrelink benefits as a form of income;
  • These Centrelink payments make up part or all of your income; and
  • if you have bad credit but are still looking for a cash loan.

Monzi may be able to pair you with a lender who could offer loans for personal expenses. In particular, Monzi works with lenders who offer loans from just $300.

On low-income and need a loan? Get Monzi on your side!

Loans for people on Centrelink are, in short, loans for people receiving benefits. Sometimes, finding lenders willing to lend to people receiving government assistance can be difficult. Monzi may, however, be able to start finding the lenders who offer loans to people on Centrelink within minutes.

After all, we’ve made applying easy so that you can submit your application ASAP. The best part? You’ll have one application form to fill in. How’s that for fuss-free lender finding?

In short, Monzi gathers your details from our application form that can be completed in minutes. Next, we pass your information to potential lenders safely and securely and try to pair you with a lender.

Looking for cash loans for low-income individuals? Get Monzi on your side.

What are loans for people on Centrelink?

Put simply, they are credit products available to consumers who receive government benefits.

Therefore, to find credit providers offering these loans, you could use a lender-finder like Monzi. Monzi is potentially able to find lenders offering loans on Centrelink from $300.

These loans might be labelled as instant cash loans no credit check and no credit check loans by other lenders. In short, Monzi may be able to pair you with a lender that accepts government benefits as a form of income.

Also, when you use Monzi, we will do our best to match you with a lender offering cash loans online. Approval is subject to assessment and is, therefore, never guaranteed.

Can Monzi find me an interest-free loan?

Unfortunately, no.

Instead, we can find lenders who may be willing to offer personal loans for people on Centrelink.

Here’s an idea of what everyday Aussies are searching for online when looking for loans on Centrelink.

Centrelink LoansInstant Cash Loans on Centrelink
Small loans for Centrelink customersCentrelink approved loans
Loans on CentrelinkOnline loans for Centrelink customers
Cash loans for Centrelink customers with bad creditQuick cash loans for Centrelink customers
Payday loans Centrelink no credit checkEmergency cash loans for Centrelink customers
Loans for people on CentrelinkInstant cash loans no credit check Centrelink
Fair loans for Centrelink customersSame day loans Centrelink

How much can I borrow?

Monzi may be able to match your application with a lender who may offer personal loans from $300 to $10,000. This, however, will be dependent on your circumstances. As a result, each lender will conduct an assessment on your application and may offer an adjusted loan amount.

Generally, if a lender offers you a lower amount than you applied for, this is because they feel you will be unable to afford your loan repayments out of your future Centrelink benefits. As a guide, some lenders may only offer loans on Centrelink up to $2,000. However, this may vary based on the lender you are dealing with.

Finally, remember that while loans under $2,000 are unsecured, if you intend to borrow more than that, you must secure your loan with an asset (e.g. take out a loan against your car).

Can I get loans for people on Centrelink instantly?

Let’s be real, no one wants to spend hours on a short-term loan application. Chances are you’re already busy, meaning a lengthy process will only frustrate you. At Monzi, we understand!

Nowadays, many of us expect instant cash loans on Centrelink. Moreover, we expect 24/7 access to small loans in Australia. Luckily, Monzi may be able to find you a lender so quickly that it may feel almost instant.

In short, consumers can apply on Monzi’s website from anywhere and at any time. As a result, if you’re up late searching emergency cash loans for Centrelink customers at 2am on a Saturday, you can apply on our website.

Keep in mind, however, if you apply over the weekend, your application may not be processed until the next business day. In any case, apply for Centrelink loans in an instant with Monzi today.

Monzi’s super-fast application

Applying for money loans through Monzi is laser fast. For many, that’s a major perk, as time is money.

Forget about standing in queues with piles of paperwork. No need to try and fit a loan application into your lunch hour. The Monzi process is 100% online so that you can apply at any time of the day or night.

You can apply for a fast cash loan from the comfort of your home or office. You can even apply for a loan while you’re cooking dinner or enjoying a cup of coffee. It’s that easy! But we do suggest that you try to apply during business hours if you are hoping for a same-day reply.

Once we have your application, we’ll do our best to connect you with a lender. The lenders that we can find may offer a quick turnaround time on application outcomes.

How do I use Monzi’s lender-finder service?

Consumers can apply to borrow money from our network of lenders in three easy steps. Need cash today? Here’s how to get started:

Step one

Okay, so an unexpected or emergency expense has just raised its head. Unfortunately, you do not have enough savings to cover yourself. In addition, you receive welfare, making it difficult to secure a loan from a traditional credit provider. What are you meant to do?

Luckily, Monzi’s lender-finder service could provide the answer.

Get started by scrolling up to the loan slider. Next, work out how much money you want to apply for and select by using the loan slider. Finally, once you are happy with everything, click ‘Apply Now’.

Note, the loan slider will give you an estimate of what the weekly, fortnightly and monthly repayments could be. These are, however, simply an estimate. The actual cost of your loan may vary depending on the lender you’re paired with.

Step two

Here, consumers will need to complete our submission form. Don’t worry – we only ask for essential information. As a result, you could complete your submission in a matter of minutes.

Keep in mind, if you are receiving Centrelink, you will need to keep your myGov details handy.

Step three

What we’ve all been waiting for: the outcome.

Depending on when you lodge your application, we’ll try to have an outcome for you within 60 minutes. However, individual applications may vary.

If we successfully match you with a lender, they’ll be in touch. Next, your lender will assess your application. Generally, credit providers will send through a digital loan contract if the application is approved.

Keep in mind, Monzi does not determine the cost of your loan. The lender will work out how much money you will pay back in total.

woman happy after being approved for loans for people on Centrelink

What about payday loans for people on Centrelink?

If you, for example, are receiving the disability support pension and looking for an instant cash loan with no credit check, you may consider applying with a payday lender.

Payday lenders, however, may not always be your best option. After all, certain payday lenders may be very inflexible with the repayment terms. Consumers could then, instead, apply for a personal loan as an alternative.

Personal loans can be offered as both small loans under $2,000, as well as larger loans of up to $10,000. Moreover, personal loans often have repayment terms ranging from several months to years, depending on the loan product. As a result, it may be possible to work the repayments around your regular lifestyle more readily.

Are loans for people on Centrelink with no credit check possible?

Have you been searching for loans online? You may have come across websites offering instant cash loans with no credit check.

Consumers needing cash loans for bad credit on Centrelink often feel that no credit check loans may be their only option. Moreover, if you need instant cash and are unemployed, you may consider applying with a payday lender.

As we mentioned above, payday lenders may not always be your best option. Instead, consider using Monzi’s lender-finding service. We may be able to match you with a lender potentially offering the emergency cash you need.

Admittedly, we cannot guarantee whether or not the lender you’re paired with will conduct a credit check. However, we can guarantee they will look at more than just your credit report.

In other words, even if a lender does perform a credit check, they may also assess your regular income and expenses too.

Are loans for people on Centrelink no credit check ever guaranteed?

Unfortunately, no loan is ever guaranteed. Moreover, we cannot guarantee if you will be offered a loan without a credit check.

If you need a loan but are concerned your credit score will get between you and approval, you have the option of applying with a no credit check lender. These lenders will assess your application based on your income, employment and banking history.

Finally, even if the lender does a credit check on your application, you may still be considered for cash loans bad credit on Centrelink. So, while no credit check loans guaranteed Australia on Centrelink won’t be possible, there may be alternatives available.

Are there payday loans for Centrelink no credit check?

Generally, Monzi will aim to pair you with a personal loan lender instead of a payday lender. There’s no cost for applying, and you are under no obligation to accept the loan contract. It only takes a few minutes to complete the application, and we’ll aim to provide a quick outcome. For bad credit personal loans for Centrelink customers, lenders may perform a credit check, but will also consider your current financial situation (e.g. your income, expenses and any Centrelink benefits).

Payday lenders are generally able to offer amounts up to $2,000. However, certain lenders may offer these loans up to $5,000.

Work out how much money you wish to borrow and what repayments you can afford.

Can I get same day loans for people on Centrelink?

If you’re a Centrelink recipient looking for a loan today, the good news is that a same day outcome on your loan could be possible. However, for this to occur, you must apply during business hours and provide all the information required by Monzi’s lenders to assess your claim.

If you can do those two things, then we may be able to match you with a lender ASAP. From there, they will be in touch to conduct an assessment. While we cannot guarantee if they will offer Centrelink loans, if everything goes to plan, you may receive approval on the same day you apply. At that point, access to your cash will be determined by the relevant interbank transfer times.

So, while loans on Centrelink today may be possible, Monzi cannot provide any guarantees. There are several factors which may affect your processing time, meaning it’s usually wise to account for a little waiting time.

Quick cash loans for Centrelink customers approved in one hour

At Monzi, we know lenders who work fast. They know that you want quick cash loans and they’ll do what they can to process your application quick-smart. If you apply during business hours and provide the necessary details, your assessment could be completed before you know it.

That said, while quick cash loans for Centrelink customers are available, we cannot say if you will receive an outcome within an hour. Processing times do vary. However, we assure that your lender will always do their best to get things done ASAP.

Apply today.

Are there any secured loans for people on Centrelink?

Yes, there may be.

In most cases, offering loans for people on Centrelink represents a risk for lenders, given that your low income may limit your ability to afford your repayments. One way to reduce this risk may be to apply for a secured Centrelink loan.

In short, with a secured loan, you must attach an asset that you own as security. With this, your lender faces less risk, given that they may repossess the nominated asset, if you default on your loan. However, to apply, you must own an asset that meets the criteria. As a guide, cars, boats, caravans and motorbikes are the assets most commonly used.

Having said this, a willingness to secure your loan if you receive Centrelink does not mean that your application will be approved. Your lender will still assess your application to determine if the repayments would be affordable for your budget.

Can I get a personal loan if I’m unemployed?

Although it’s possible to receive a personal loan when you’re unemployed, lenders may not always be able to do so. After all, credit providers will have their own policies when it comes to lending money to Centrelink customers.

Certain lenders may be able to regard regular Centrelink benefits as income. However, lenders may have their own guidelines around:

  • what kind of benefits can be accepted (e.g. are Youth Allowance payments treated differently to pensions); and
  • how much of your income the benefits make up.

So, if you are looking for easy loans but have no job, consider our lender-finder service. While we cannot make any guarantees, we will try to match you with a lender willing to consider your application.

Instant loans for pensioners

A pension is one example of a Centrelink benefit payment you may receive. Examples of pensions include the age pension or the disability support pension. With this, if you need instant loans for pensioners, Monzi could set you on the right path today.

While lenders may limit the amount you are able to borrow on the pension (e.g. up to $2,000), if your pension payments account for only a portion of your income, you may still be considered for approval. That said, this will only be possible if the loan repayments would not compromise your current budget.

In addition to this, remember that if you are a low-income earner, then borrowing money via a personal loan may not be affordable. Instead, it may be better to investigate some of the options we listed earlier, such as a Centrelink advance payment.

Can I get a personal loan on disability support?

Consumers may be eligible for personal loans through online credit providers if they receive a disability support pension from Centrelink. After all, credit providers may regard regular disability support payments as a form of income. However, remember that your outcome will depend on whether your pension will be sufficient to cover your repayments, as well as your regular income and expenses.

Our network of lenders may be able to offer unsecured personal loans for disability pensioners of up to $2,000. In addition to this, the same may apply to individuals receiving the age pension too.

However, keep in mind that approval is always at the discretion of the lender and subject to assessment. Moreover, investigate every alternative before applying for a loan.

Are Centrelink benefits considered a source of income?

In short, they definitely can be. However, it’s worth understanding that not all lenders will be prepared to offer small loans to Centrelink customers.

In other words, while some lenders may treat Centrelink benefits as a legitimate source of income, others will not. In addition to this, lenders may even differ in how they view the type of benefit payment that you receive.

Given this, it’s worth understanding that if you receive Centrelink payments, approval is never guaranteed. Moreover, it may depend on the lender that you are dealing with and whether or not they offer Centrelink loans.

Personal loans for single parents

If you are a single parent and receive Centrelink, you may still be eligible to apply for quick cash. Regardless of whether you are a single mother, single father, or a grandparent, Monzi can try and help find you a potential lender.

After all, if you need to cover something like car repairs, your regular government benefits may not be enough. So, apply for Centrelink loans for single parents with Monzi today. However, remember that approval is not guaranteed.

I need a Centrelink loan 500 today

No worries.

Apply with Monzi today. We know lenders who may offer you a $500 Centrelink loan if you’re a benefit payment recipient. Best of all, these lenders work fast, meaning you could get an outcome ASAP.

While approval won’t be guaranteed, if you meet the necessary requirements, you could borrow the money you need today. Via Monzi’s lender-finder service, it might be quick, easy and stress-free.

Cash loans for people on Centrelink with bad credit made easy

At Monzi, you can trust that we will attempt to find you a lender fast. There’s no shame in needing a helping hand when it comes to enhancing your quality of life. Or ensuring that the stress and hassle of traditional lenders don’t take their toll on you. That’s why you can apply with Monzi, and we’ll do our best to find you a lender that can offer instant bad credit loans.

Our entire process is quick and easy. While we do have a few eligibility critiera, they’re relatively easy to meet. As a result, being paired with a lender has never been so simple.

Loans for almost anything and everything

Personal loans can be used to cover essentially any personal expense. As a result, they can be spent almost like cash. Therefore, you could use your short term loan to cover anything from a rental bond to travel expenses.

So, whether you need extra cash to get you back behind the wheel, or to cover a new set of pearly whites, Monzi may be able to help. With one application we may be able to match you with a lender offering fast loans in no time. As a result, Monzi is your new best friend in finance. Best of all, we may match you with lenders offering Centrelink loans too.

How to apply for financial hardship

Emergencies strike without warning. Moreover, you may find yourself unable to afford your contractual repayments. In this situation, get in contact with your lender as soon as possible.

Here is how you apply for hardship:

  • Get in contact with your lender’s hardship department.
  • Provide evidence of hardship. This can include:
    • medical certificate
    • payslips
    • bank statements
    • separation certificate.
  • Lender assesses your hardship application.
  • Lenders may offer a restructured loan upon approval.

Personal loans for people on Centrelink: am I eligible to apply?

As we mentioned, we do have some basic criteria that must be met before we can start trying to find you a lender. But don’t worry too much, they’re nice and simple:

  • You must at least 18 years old.
  • Receive a regular income into a personal bank account for at least 90 days.
  • Be an Australian Citizen or Permanent Resident.
  • Have a current mobile number and email address.

Do you meet these criteria? Fantastic! Now you simply need to work out how much money you need. And just remember, while we can’t guarantee if you’ll be offered instant cash, we can promise that we’ll do our best to find a super speedy lender for you.

Is Monzi’s lender-finder service for you?

It’s hard to know which lender or lender-finder service to trust these days. With so many options, it’s difficult to know where to start.

Luckily, Monzi makes it easy. All you need to do is work out how much money you want to apply for.

At Monzi, we aim to make the process of applying for a loan as easy as can be. We cut out the frills and mystery of quick money loans. We present our customers with a loan application that’s fast, stress-free and easy. Then, put them in touch with lenders who may be able to help out.

Centrelink loans and loans on Centrelink: apply today

If you need loans for people on Centrelink, submit an application to get the process started. Fill out our online application form, and we’ll do our best to find a lender who can help you.

Lenders potentially offer secured and unsecured loans from $300 to $10,000.

Always work out how much money you need before applying.

While there are no guarantees in life, Monzi might make finding a potential lender simple and stress-free. For extra information on borrowing, visit ASIC’s MoneySmart website.

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You won't use a penny to apply for our lender-finding service, but here's some costs you could expect from a lender

Loan amount

$300 - $2,000


12 months (minimum)

12 months (maximum)


20% upfront establishment fee

+ 4% monthly fee


Loan Amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.

Under the current legislation, most small personal loan providers don’t charge an annual interest rate (you’ll know this as an APR) %. The maximum you will be charged is a flat 20% Establishment Fee and a flat 4% Monthly Fee. The maximum comparison rate on loans between $300 and $2000 is 199.43%. The minimum and maximum loan term is 12 months. 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.

Loan amount

$2,001 - $4,600


13 months (minimum)

24 months (maximum)


48% Annual Percentage Rate (APR)

67.41% Comparison Rate p.a.


Loan Amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principal Amount) + $400 (Establishment Fee) + $1,379.06 (reducing interest) = $4,779.06 total repayable over 18 months with weekly installments of $61.27.

The Annual Percentage Rate (APR) for Secured Medium Loans is 48%. The Typical Comparison Rate is 67.41% p.a. The minimum loan term is 13 months and the maximum loan term is 24 months. 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. Click here to see a worked example.

Loan amount

$5,000 - $10,000


13 months (minimum)

24 months (maximum)


21.24% Annual Percentage Rate (APR)

48% Comparison Rate p.a.


Loan Amount of $10,000 over 24 months repayable weekly (104 weekly repayments). $10,000 (Principal Amount) + $5,577.12 (Interest) = $15,577.12 total repayable over 24 months with weekly installments of $149.78.

The Annual Percentage Rate (APR) for Secured Large Amount Loans is 48%. Maximum Comparison Rate is 48% p.a. The minimum loan term is 13 months and the maximum loan term is 24 months. 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. Click here to see a worked example.