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05-Nov-2021 By - team

Are you looking for a quick loan to help cover your bills? If you are, then look no further than Centrelink loans. These types of loans are designed specifically for people who are on benefits but need financial assistance. As long as you have an active Centrelink payment and can prove that you pay utility bills, you can get a loan in just one hour.

Centrelink loans with no credit check in for 1hour are a good option for people who have bad credit or no credit. They require no collateral and can be processed in just one hour. So if you need fast cash with little to no hassle, this is the way to go.

Payday loans Centrelink no credit check is a popular search term for people who receive Centrelink but need an additional cash boost. While these loans may, in some situations, be helpful, there may be other alternatives out there.

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What are Centrelink loans?

It is more correct to refer to Centrelink loans like loans for people on Centrelink. This is simply because Centrelink does not provide these loans. Instead, they are offered by credit providers to consumers who receive Centrelink.

Most traditional lenders, like banks, are unlikely to offer a loan to a consumer who receives Centrelink as part of their income. Therefore, Centrelink customers who are looking for credit may have to look elsewhere. However, there are more options available to Centrelink customers. Outside of payday loans, Centrelink has no credit check. We will explore these in a moment.

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Understanding Centrelink payments

It can be easier to be approved for a Centrelink loan when receiving certain types of Centrelink payments over others. For instance, Youth Allowance is a common payment that lenders do not accept as a form of income. Therefore, the first step to applying for a Centrelink loan is identifying what type of Centrelink benefit you receive. This can be done by looking at documents provided by Centrelink. Here is a breakdown of the Centrelink payments that are available and whether lenders generally accept them:

  • Age Pension. This provides monetary support for the retired. Many payday lenders accept this as a form of income, while banks may require supplementary income.
  • Carer’s Allowance. For people who are caring for a dependent person, this allowance provides monetary support. This is generally accepted as a form of income by lenders.
  • Youth Allowance. Young people aged 16 to 24 who are studying, undertaking an apprenticeship, training, looking for work or sick can be eligible for youth allowance. Many lenders do not accept this as a form of income, although some payday lenders will.
  • Austudy. This is for full-time students and Australian apprentices 25 years or older. It can be difficult to get a loan when receiving this payment.
  • Foster Care Allowances. This is a fortnightly payment intended to help support and pay for carers with a foster child. This can be considered as part of an income, but a supplementary income will be required in addition to this allowance.
  • Disability Pension. People who have a physical, intellectual or psychiatric condition that stops them from working can be eligible for the Disability Support Pension. While this is generally accepted, some lenders will not accept this as a form of income.
  • Child Support Payments. This is income received to help cover the cost of raising a child or children. It can be assessed income if the applicant can provide a copy of the Family Law Court Order, bank statements proving they received this income, a letter from a solicitor and a letter from the Child Support Agency (CSA).
  • Family Tax Benefits and Parenting Payments. This is financial support to help cover the costs of raising children. Lenders generally accept family Tax Benefits Part A and B, but having a supplementary income will help. The age of the children will also be taken into consideration.
  • Overseas Pension. For people who receive a pension payment from overseas, some lenders may recognise it as income. This is generally if the pension is coming from Austria, Belgium, Canada, Chile, Croatia, Cyprus, Denmark, Finland, Germany, Greece, Ireland, Italy, Japan, Korea Republic, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Slovenia, Spain, Switzerland or the USA. Applicants might be required to show that the pension is ongoing for some time.
  • JobSeeker Payment. This income supports people financially while they’re looking for work or are unable to work temporarily due to illness or injury. A small number of payday lenders offer loans to borrowers receiving JobSeeker payments.

For those receiving Centrelink payments and looking for a loan, it’s important to consider all the options available before making a decision.

Remember that applying for multiple loans at once can hurt your credit history, making it harder to get approved for loans in the future.

Things to consider when making a Centrelink loan application

  • Eligibility. Check the minimum eligibility criteria listed on Finder’s review pages before you start filling out application forms. If the minimum eligibility is met, applications can be made. However, it’s important to remember that this doesn’t guarantee approval for the loan.
  • “Centrelink accepted”. If this isn’t on a lender’s site, this doesn’t mean it won’t accept government benefits as income. Check directly with the lender to find out if applicants must be employed or if it explicitly states that those on Centrelink cannot apply.
  • Get in contact directly. Get in touch with the potential lender to discuss eligibility. An alternative is to call your current bank to check if that will approve loans for people on Centrelink.
  • Work out if you can afford it. Before applying, check how much the loan will cost, including the comparison rate plus any establishment fees or late payment fees.

What types of loans are eligible for an applicant receiving Centrelink payments?

You have a few options if you’re receiving Centrelink payments and are in need of a loan. Generally, you’ll find lenders that can offer you:

  • Personal loans. It is possible to apply for small personal loans from banks, credit unions and other lenders when the applicant receives payments from Centrelink. It’s important to note that applicants will have to meet a minimum income requirement, and not all types of Centrelink income are accepted. 
  • Payday loans. These are small, short term loans that are available to Centrelink applicants and those with bad credit. Also referred to as cash loans, they are usually for up to $2,000, although sometimes up to $5,000 or more is available. Since these loans are riskier for lenders, they are more likely to charge higher interest rates on these types of loans.
  • Car loans. A secured car loan might be an option from a lender that accepts Centrelink applicants. Applicants can purchase a new or used car and use it as security for the loan to get a lower rate.
  • Overdrafts. An overdraft is linked to a bank account and allows users to draw up to and include a certain limit, usually if there’s an emergency. Customers who have a good history with their bank may be approved, even if they receive Centrelink payments.
  • Alternative financing. Depending on your financial situation, there are also many community financing programs and alternative sources of financing that are definitely worth considering, as well as an advance from Centrelink. 

Just how long does it decide to try to obtain a Centrelink loan?

Bad Credit Centrelink Loans

Will you be certainly one of the thousands of Australians who have got bad credit or even a bad credit score? It’s more prevalent it harder to find a loan quickly, and it is not impossible as you think and whilst having a bad credit rating can make. We are able to assist cash is found by you in an hour with no credit checks even though you’re on Centrelink repayments. You’d be astonished just how fast and simple it could be! Discover more about finding a Centrelink for those who have bad credit.

Centrelink Lease or Purchase Loans

The loans are quick and always have no fuss. But are you aware getting a quick Centrelink loan could really save some serious money? Do not hire through costly rent-to-buy businesses. Instead, spend cash it yourself for it by using a Centrelink loan and own! Some Centrelink customers are utilising rental for washing machines, fridges, freezers and televisions. Then you should, and over the product’s lifetime, if you rent, you could pay up to $2,000 more.

Personal loans Vs payday loans Centrelink no credit check

You could, additionally, apply for a personal loan.

Personal loans often differ from payday loans as they have longer repayment terms. This often translates into more affordable regular repayments. Personal loans may also have more flexible repayment terms.

Lenders offering personal loans online can also, often offer many of the positives of payday loans. For example, some personal loans can be applied for 100% online and may be transferred to your bank the same day.

However, finding the right personal loan online can often be time-consuming and even feel overwhelming. After all, there is a huge number of lenders online who offer personal loans. Who, then, has the time to sift through different lender options?

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Frequently Asked Questions About Centrelink Loans

What Happens if a Repayment is Unpaid?

If you know that you will not be able to pay in due time, you must immediately communicate with your lender. When this happens, missing a repayment will mean additional fees. The lender may help if you inform them ahead of time and not when it’s past repayment schedule. The lender will help you figure out a plan so that the situation can be managed.

Do You Have to Accept the Loan?

If you are dissatisfied with any of the terms on the instant loan offered to you by the lender, you have every right to reject it. You can simply tell the lender that you do not want to proceed with your loan application, and the lender will terminate your loan application.

What loans Can I get on Centrelink?

In short, our lenders may be able to offer three types of loans for people on Centrelink:

  • A small loan amount unsecured, $300 up to $2,000 for the easy financial loans term.
  • A medium loan amount secured $2,001 to $4,600 for the loan term.
  • A large loan amount secured, $5,000 to $10,000 for the loan term.

Can you take out a loan on Centrelink?

A Centrelink Loan is just a loan tool that can be used by people using Centrelink resources. If you do receive Centrelink benefits, you should also check your ability to qualify for a Centrelink Advance Loan or other government Centrelink support before applying for one of our loans.


What to weigh up: The pros and cons of a Centrelink loan


  • Cover your needs more quickly. Rather than painstakingly saving up, you can pay for what you need more quickly with the help of a loan.
  • Make repayments over time. Getting a loan to cover a cost breaks up the payment for the thing(s) you need over time. Not paying for an expense (particularly a larger one) all at once can be easier on your budget, particularly if you have to be careful with your money month to month.
  • More interest-free/low-interest options are available to you. Being on a lower income means that you are more likely to qualify for no interest or low-interest loans that are offered by not-for-profits and other organisations.


  • Difficulty being approved for traditional loans. You’re generally less likely to be approved for most traditional loans than someone on a higher income if you’re on Centrelink. This is particularly the case if Centrelink makes up more than 50% of your total income.
  • Difficulty meeting repayments. It may be difficult to factor loan repayments into an already stretched budget. This is especially true for personal or payday loans, which have higher interest rates and fees than loans offered by not-for-profit institutions.
  • You are getting trapped in a debt cycle. Getting into debt is risky for anyone, as it can lead to further debt if you fail to make payments on time. If you are ever unable to make a loan repayment, it’s crucial to contact your lender ahead of time to let them know.

One of the best things about personal loans is that they can be used for many personal expenses. Therefore, you can use your loan to cover anything from car registration, car repairs, education costs or even for a holiday.

To apply for a loan while on Centrelink payments, it’s important that you first check whether or not you are eligible for the loan in question before applying, as this will differ from loan product to loan product. The application process will also differ, depending on which type of loan you are opting for. Most applications can be made 100% online.

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