Loans for Financial Hardship

Sometimes, life just won't cut you some slack. When this happens, we're here to try and make your day a little brighter. We offer hardship loans up to $2,000 to help you get back on your feet or in case of emergencies.

Hardship Loans

It can be difficult to admit that you're in financial hardship, but it's important to understand that it can happen to anybody at any point in life. Examples of circumstances that can cause financial hardship and could qualify you for a loan for financial hardship include:

  • Injury or illness that prevent you from working
  • Natural disasters, such as floods or bushfires
  • Significant life events, such as the death of a family member
  • An unexpected increase in bills or other expenditures.

Hardship loans can help you through these rocky periods of life. If you're considering a loan for financial hardship, we encourage you to give us a call so we can talk about your situation in-depth and make appropriate plans for you.

Financial Hardship Loans for Unemployed

Hardship loans for the unemployed can be difficult to attain. At Sunshine Loans, we require you to be able to show us that you are earning $300 per week (take-home pay) in order to apply for a loan. It can be a combination of government benefits and wages but unfortunately, we cannot provide assistance to those whose only income is Centrelink or similar. This is because we follow responsible lending practices.

Hardship Loan for Bad Credit

If you have bad credit, that's okay – we may still be able to offer you a hardship loan for bad credit. Credit history isn't always a true indicator of how you will handle your money now or in the future, and we always take into account your individual situation when you apply.

Hardship Loans for Students

Balancing study and work can be difficult, which is why we are happy to provide hardship loans for students to help pay for course fees, textbooks and more. We just need you to show us that you can earn $300 per week through a combination of work and government benefits such as Austudy, and we'll help you out with a small loan.

How much can I borrow?

We offer loans of up to $2,000. However, we encourage you to borrow within your means and to request only what you need and are comfortable with paying back.

Hardship Loans Costs and Eligibility

The cost of our loans for financial hardship are outlined on our loan costs page. In general, we ask for a 20% establishment fee and an ongoing fee of 4% per month, both calculated from the total amount borrowed.

Apply for a Hardship Loan

We understand that financial hardship can be incredibly stressful. Call us today to talk to a friendly staff member about our loan options, or apply online in as little as 5 minutes.

Why choose Sunshine Loans?

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

We call ourselves the rainy day experts – because we know that sometimes in life, when it rains, it pours. Whether you need support while looking for a job or need to pay off unexpected bills, we offer quick loans with no hidden fees.

We are committed to responsible lending practices, and we have a quick application process that shouldn't take more than 5 minutes to fill out.


How does a hardship loan work?

A hardship loan works like any other personal loan. Simply let us know your reason for a loan, and we'll lend you the agreed amount of money. Our loans usually run for 9 weeks, meaning you'll need to be confident that you can pay back your loan in that period of time.

How long does it take to receive approval?

If you apply within usual business hours, we can potentially approve your loan and have money in your account in the same day. The earlier in the day you apply, the better.

Do you carry out credit checks?

We assess your credit score when you apply for a loan to help determine that it's suited to you. But don't worry – we assess every individual's unique situation when it comes to a loan for financial hardship.