So, the short answer? YES! At Nifty Personal Loans, we’re on your side if you receive Centrelink benefits.

How much cash do you want?
How long do you want it for?

Loans from $2100 to $4600 require a car, motorbike, boat or caravan to be provided as security. If you cannot provide security, please apply for $2000 or less.

Repayments

The Annual Percentage Rate for Secured Medium Loans is 48%. Comparison Rate is 66.0347% p.a. This comparison rate is based on a Medium Amount Credit Contract for an amount of $2,500 over 2 years and a $400 establishment fee. Fees and charges are payable.

The maximum you will be charged is a 20% Establishment Fee and a 4% Monthly Fee. Under the current legislation lenders do not charge an annual monthly interest rate for our Small Amount Credit Contracts. You may know this as Annual Percentage Rate or APR(%)

Receiving Centrelink payments is not a mark against your character. Sometimes we all need a helping hand to boost finances and get us back on track. Loans for people on Centrelink can sometimes be tricky to find. As a result, navigating the sea of lenders that do provide loans for people on Centrelink can be gruelling. In addition, receiving Centrelink payments should not define your entire financial image. As a result, knowing how to look for loans for people on Centrelink can be tricky. Furthermore, certain lenders will automatically judge your situation without even seeing the whole scope of your finances.

So, are there loans for people on Centrelink?

Yes! Traditional lenders may be less flexible when it comes to loans for people on Centrelink, however, don’t fear! There are plenty of variable options for people on Centrelink. It can be difficult navigating the course of loans for people on Centrelink, so here are some handy tricks to keep up your sleeve when you’re on the hunt.

Tips for applying for loans for people on Centrelink

  • Know whether you’re eligible: Before applying for a loan, if you’re on Centrelink, it’s important to know if you’re eligible. Therefore, scan through the minimum requirements for that lender, and see if you meet the criteria before applying. However, most loans for people on Centrelink are assessed on a conditional basis.
  • Read the fine print : Loans may be advised for people on Centrelink, however, it’s important to check other conditions surrounding the approval. Such as a regular income, or employment requirements.
  • Shop around : Furthermore, browse the loan market for the best option that suits your financial needs. Ultimately, decide on a personal loan you can afford to repay.

So, when applying for loans for people on Centrelink, it’s important to know what payments you’re receiving and how they’ll affect your loan application. Furthermore, if you don’t know already what kind of Centrelink payments you are receiving or understand how they can work better for you, then you need to investigate and find out how you can make your Centrelink payments work better for you.

So, the most common Centrelink payments are:

  • Family Tax Benefit
  • Child Support Payments
  • Age Pension
  • Carer’s Allowance
  • Unemployment Benefits

In addition, the different types of Centrelink payments may be accepted varies from lender to lender. At Nifty loans, we accept these Centrelink payments:

  • Aged care pensions and disability pensions
  • Carer’s allowance
  • Family tax benefit
  • Veterans allowance
  • Widow or widower’s allowance
  • However, we generally don’t accept Newstart, Youth Allowance or Farm household allowance as we consider them a temporary source of income.

What’s so great about a personal loan?

Receiving Centrelink payments should not bar you from borrowing money when you need to. A small personal loan provides flexibility for your finances. As a result, there is a myriad of reasons for taking out a small cash loan. In addition to providing you with some inspiration, here a list of reasons people take out personal loans:

However, your reason not on the list? No worries – cash loans can cater to most expenses.

So, what are the benefits of a personal loan?

Loans for people on Centrelink have many benefits when it comes to sorting out your finances. Sometimes life calls for a little pick-me-up and that’s exactly what a personal loan is! Furthermore, here are just some of the benefits of a same day approval personal loan:

  • The interest rate is lower than the average credit card: Furthermore, the interest rate on a small personal loan is less than taking out debt on your credit card. So, use a personal loan next time your washing machine breaks down or your kids desperately need new soccer boots!
  • Flexibility, flexibility, flexibility! A personal loan can be utilised for any purpose. As a result, the world is your oyster when it comes to personal loans for people on Centrelink.
  • Consolidate debt: If you have multiple loans, consolidating all your debt into one loan can reduce your repayments in the long run. As a result, consolidating your debt will provide a low-interest rate compared to paying off multiple loans.
  • Emergency funds : So, need money quick? A personal loan is the ticket! Loans for people on Centrelink are typically approved within the same day if you apply for a loan within business hours.
  • Boost your credit score : It may sound counterintuitive to boost your credit score by borrowing more money, however, if you borrow a loan and pay it off on time it may help your credit score.
  • Nifty and loans for people on Centrelink

    At Nifty Loans, we know that applicants on Centrelink would have already suffered from an onslaught of paperwork when applying for their benefits. Therefore, at Nifty we offer no paperwork loans for people on Centrelink! So, our loans for people on Centrelink are fast and hassle-free.

    To be eligible for a Nifty cash advance here’s what you need:

    1. You need to be an Australian citizen
    2. Over 18 years of age
    3. You have been receiving a regular income into a personal bank account for 3 months (we consider Centrelink payments as a regular income)
    4. Have an active number and email address (when you apply for a loan for people on Centrelink, we will be spending you important information through both these channels so keep an eye out!)
    5. Furthermore, if you are not receiving enough from Centrelink per week or fortnight to qualify, it is worth having a look at what other Centrelink benefits you may be entitled to and maximise your payments before you apply for a loan.

      Therefore, you can visit the Department of Human Services and do a free Centrelink benefits check to make sure you are receiving all the benefits you are entitled to for your circumstances.

    Responsible Lending

    At Nifty personal loans we adhere to responsible lending policies to provide you with the most suitable instant loan for your circumstances.

    As a result, we urge you to consider, before you borrow money, whether the loan repayments are going to be realistic for you. Furthermore, as we adhere to responsible lending practices, we will never lend you more than you can afford to repay.

    Things you should consider when applying for a loan when you’re on Centrelink

    So, is it going to be affordable?

    It is easier to accept money and much harder to pay it back, so, you should consider this when applying for a loan and only apply for loans when you really need to.

    Why loans for people on centrelink may be knocked back

    If we are unfortunately unable to help you with a loan at this time it is usually because we are adhering to our responsible lending obligations and you may not be able to afford to repay the loan at this point in time.

    Therefore, giving yourself the best chance at approval is a huge head start to getting the loan you want, when you want it and fast!

    Furthermore, get in touch with one of our friendly customer service staff and discuss what the best option for your loan situation would be they are more than happy to help you through the process or give you advice on what you can do.

    So, receiving Centrelink? Apply today for fast and easy loans for people on Centrelink.

    How to qualify for a nifty personal loan

    You are at least 18 years of age.

    You are an Australian Citizen or Permanent Resident.

    Receive a regular income into a personal bank account for at least 3 months.

    Receive at least $400 per week or $800 per fortnight from an employer or Centrelink.

    Q

    Not be in financial hardship or be considering entering any form of bankruptcy.

    You must show evidence of being able to handle financial commitments on your bank statements (regular payments, direct debits, etc.).

    Q

    You must not have received a Centrelink Emergency payment within the last 3 months.

    R

    If you meet these criteria, apply now and receive an outcome within 60 minutes* (in normal business hours).

    don’t believe us?

    Here’s what our customers have to say!

    Loans For People On Centrelink: The Ultimate Guide Overall rating: 4.8 out of 5 based on 20 reviews.

    Always great service from nifty, hassle free, quick, highly recommend it to my friends. Keep up the customer service guys

    Deb L

    5.0
    2018-02-09T15:04:43+00:00

    Deb L

    Always great service from nifty, hassle free, quick, highly recommend it to my friends. Keep up the customer service guys
    Nifty is the Best! They give you a fair go regardless of previous mistakes. Always gives you reminders of when repayments are due.

    Jeff

    5.0
    2018-02-09T15:05:14+00:00

    Jeff

    Nifty is the Best! They give you a fair go regardless of previous mistakes. Always gives you reminders of when repayments are due.
    Excellent people at Nifty happy to help out a single mum in need. Thanks Nifty For helping my little family though a small hurdle.

    Tanya

    5.0
    2018-02-12T07:38:56+00:00

    Tanya

    Excellent people at Nifty happy to help out a single mum in need. Thanks Nifty For helping my little family though a small hurdle.
    I had at a very tough stage with both my car registrations coming as well as a few other bills were all piling up. So I needed a quick fix.

    Kylie

    4.0
    2018-02-13T11:28:18+00:00

    Kylie

    I had at a very tough stage with both my car registrations coming as well as a few other bills were all piling up. So I needed a quick fix.
    Quick and easy to apply. Fast and efficient getting your loan . No hidden fees and a happy family to take on holidays

    Ado F

    4.0
    2018-02-13T11:28:45+00:00

    Ado F

    Quick and easy to apply. Fast and efficient getting your loan . No hidden fees and a happy family to take on holidays
    4.0
    5

    How do customers rate Nifty’s loans for people on Centrelink?

    plf Overall rating: 4.3 out of 5 based on 52 reviews.

    This is much needed

    ★★★★★
    5 5 1
    Nifty were great I was in desperate need of finance and they were the only ones to help. Others advertise how good they are but then when you apply for finance they won't lend. Thanks to nifty my Christmas will be a little easier.

    Wonderful

    ★★★★★
    5 5 1
    It was wonderful to do the loan so easy and fast return. In the bank the next day. Will definitely be doing another loan though them in the near future.

    Great

    ★★★★☆
    4 5 1
    I am relieved nifty gave me a centrelink personal loan while my cash flow was a bit tight. It enabled me to keep working and the repayment plan is reasonable enough to avoid causing any hardship.

    Look after centrelinkers

    ★★★★★
    5 5 1
    Most companies give people on centrelink small amounts but nifty gives a fair go. I was approved $800 on my first loan.

    Awesome team

    ★★★★★
    5 5 1
    The team at nifty are so easy to deal with. makes all the difference for me 🙂

    Fast loans

    ★★★★☆
    4 5 1
    Had to get emergency car repairs and nifty helped me get that done.

    Name
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    How much cash do you want?
    How long do you want it for?

    Loans from $2100 to $4600 require a car, motorbike, boat or caravan to be provided as security. If you cannot provide security, please apply for $2000 or less.

    Repayments

    The Annual Percentage Rate for Secured Medium Loans is 48%. Comparison Rate is 66.0347% p.a. This comparison rate is based on a Medium Amount Credit Contract for an amount of $2,500 over 2 years and a $400 establishment fee. Fees and charges are payable.

    The maximum you will be charged is a 20% Establishment Fee and a 4% Monthly Fee. Under the current legislation lenders do not charge an annual monthly interest rate for our Small Amount Credit Contracts. You may know this as Annual Percentage Rate or APR(%)