Centrelink Loans

Here's some good news if you're looking to take out a loan but worried that you'll be knocked back because of your Centrelink status: you may still be eligible for a Centrelink loan. After all, there isn't just one type of Centrelink benefit - there's Youth Allowance, Mobility Allowance, the Carer Allowance, and many more, all with different levels of support.

At Sunshine Loans, we're the rainy-day loan experts, so we know things don't always go according to plan. If you need a small personal loan between $150 and $2,000, we can help you out with a loan for Centrelink customers. You just need to show us that you have a source of income aside from Centrelink, even if it's just a few days a week at a casual job.


Can I get a loan on Centrelink?

Following our responsible lending practices, we unfortunately cannot provide Centrelink loans to individuals whose only source of income is a Centrelink benefit. However, if you have a form of income on top of your Centrelink benefits, even if it's only small, you can apply for a Centrelink loan with us.

Centrelink Loans for Students

If you're studying at university, TAFE or a similar institution and are working casually, or have some other form of income, you can access Centrelink loans for students to help with emergencies or personal reasons. They're useful if you need a loan for textbooks or course fees.

Loans for Pensioners on Centrelink

Loans for pensioners on Centrelink are available, providing that we are confident you will be able to meet our loan repayment requirements. If you have a form of income, such as money from an investment property, this can be used to meet these requirements.

Bad Credit Loans for Centrelink Customers

Bad credit doesn't automatically disqualify you from a loan. If you're looking for a bad credit loan on Centrelink, we will assess your application and take into account your personal circumstances when making our decision.

Online Loans for Centrelink Customers

Are you a Centrelink customer with a form of income (for example, you may be receiving benefits from Centrelink as a low income earner) looking for a quick cash loan online? Online loans for Centrelink customers are available here, with no need for mountains of paperwork and a quick turnaround time - we can even have money in your bank account today!

How much can I borrow?

At Sunshine Loans, we provide Centrelink loans of up to $2,000 for car repairs, medical emergencies and much more. However, we always recommend that you borrow only what you need in order to avoid negative borrowing habits.

Centrelink Loan Costs and Eligibility

Our Centrelink loans are classified as personal loans. This means that they work like all our other loans, which incur a simple set of costs. There are:

  • Establishment fee: 20% of the amount borrowed
  • Monthly loan fee: 4% of the amount borrowed.

You can read more about our loan costs here.

Apply for a Centrelink Loan

Before you apply for a Centrelink loan, we encourage you to read a little more on borrowing before you make your decision.

If you're ready to bring some sunshine into your day, apply online here. It shouldn't take you more than 5 minutes. You'll just need personal identification and to be able to show us your take-home pay and benefits on a bank statement.

Why choose Sunshine Loans?

We do express loans from $150 to $2,000.

We understand that not everybody is prepared for the unexpected, and that often times in life, when it rains, it pours! As the rainy-day loan experts, we know that sometimes you need a helping hand - but we don't take advantage of the situation either. Our commitment to responsible lending practices means that we support sustainable lending and borrowing. We also have a swift, paperless application process that should take you only 5 minutes to fill out and submit.

Best of all, we can help you get money into your account on the same day you apply for a loan with us!


How long does approval take?

Most of the time, you will be approved and receive money on the day you apply for your Centrelink loan. You'll just need to apply within business hours - meaning, the earlier you apply in the day, the better. Sometimes, banking processes mean that you'll see your money the next day, but this will depend on you financial institution.

How long do you have to be on Centrelink to get a loan?

As part of our responsible lending practices, we ask that you have been receiving Centrelink benefits for a minimum of 90 days in order to apply for a Centrelink loan with Sunshine Loans.

Do you carry out credit checks?

We assess your credit score when you apply for a loan with us to make sure it's truly suited to you. But don't worry - we assess every individual's unique situation when it comes to Centrelink loans.

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