Apply with Nifty to get loans for unemployed people!

loans for unemployed people

Loans for unemployed people are types of personal loans for those without employment. They can be for amounts between $300 and $5,000. Unsecured loans for unemployed people, from $300 to $2,000, have available repayment periods of between 3 and 6-months. Secured loans for unemployed people of above $2,000 have possible repayment periods of 13 to 24-months. The exact costs of loans for unemployed people are dependant upon the loan amount.

What are loans for unemployed people?

Well, they’re just what they claim to be: loans for unemployed people. If you’ve applied for a loan with a traditional lender before and been rejected because you’re on Centrelink or have bad credit, you might think that fast cash loans for unemployed people are a pipe dream. However, getting the finance you need while unemployed is possible!

If you’re unemployed, chances are you’re receiving Centrelink as your income. Even if you’re on top of your spending, a few hefty unexpected expenses could put your budget in jeopardy. Just think how many little things can go wrong in everyday life which would cause a major hassle. What would you do if your car suddenly broke down and you needed to pay for the repair? Or one of the appliances you depend on working, like your fridge or washing machine, gives up the ghost? When you find yourself in an emergency and needs funds fast, who do you turn to?

Well, there are a few options. You could ask your family or friends for help. However, borrowing money from loved ones can become difficult and lead to strained relationships if there are a few bumps along the way. Depending on the amount, you might not know anyone that you trust with enough cash to spare.

Another possible avenue to pursue is by applying with a traditional lender. However, this can be quite difficult for those who are unemployed and receiving Centrelink. A traditional lender might outright reject your application when they see these details. So, what other option do you have for getting finance? By applying with Nifty Loans, of course!

Can I get loans for unemployed people with Nifty?

You sure can! We can offer fast cash loans for unemployed people in the form of loans for people on Centrelink.

In contrast to the traditional lending practices that you might be used to, we take an alternative approach. In the fast-paced world that we live in, time is money. Not only is the prospect of making appointments, waiting in line and filling out paperwork not particularly exciting, but you could also be using that time to do so many other things. At Nifty, we understand how valuable your time is. That’s why we’ve designed our system to be far more streamlined and efficient than what you might expect from a lender.

Life doesn’t always go the way you plan it. Murphy’s Law states that whatever can go wrong will go wrong, and there are some days where that is an undeniable truth. At Nifty Loans, we get it. You don’t take any joy in being faced with a surprise bill that throws your finances a bit out of whack. All you want is to get the funds you need to put yourself back on course. The last thing you want in that situation is to have your application rejected just because your income is made up of Centrelink payments.

If you’ve been searching for a lender that understands, look no further. Apply today from Nifty Loans!

What do I need to apply for loans for unemployed people with Nifty?

Our application is super easy, and we don’t make you jump through hoops. However, there are a few things we need from you before you can apply, and some documents that will help speed up your application even more if you have them on hand.


We want as many Australians as possible to be able to apply with us when they need to. That being said, there are four requirements that you’ll need to meet before you can apply. This information forms the basis of our assessment process.

You must be:

  • 18 years of age or over;
  • An Australian citizen or permanent resident;
  • Have been receiving an income into a personal bank account for at least the past 90 days;
  • Have an active mobile number and email address.

Obviously if you’re applying for loans for unemployed people, we don’t expect that your income will be from a job. Whilst we do require you to have been receiving income for the past 90-days, we are happy to accept most Centrelink payments as part or all of that! That extra level of understanding on our part is what allows us to offer fast cash loans for unemployed people. If you’re after Centrelink loans, why not see if a Nifty loan is right for you?


When you hit that Apply Now button, you’ll be taken to our application form. This should take just a few minutes to complete. But, if you want the time spent filling out an application to really fly by, have these details at the ready:

  • Personal contact details, such as your mobile number and email address;
  • Reason for your loan;
  • Internet banking details;
  • MyGov details (for clients receiving Centrelink benefits);
  • Employment info (if applicable).

With this information by your side, you’ll be done in no time!

Why choose Nifty?

Alright, it’s time for us to back up the claims of how great we are. Here are some of the qualities, in plain terms, that make us so good.

  • Convenient. We’ve said this over and over again, but we really can’t overstate how convenient our service is. Our 100% online service means that you can apply at a time and place that best suits you and your lifestyle. Our website is also mobile compatible, so you can even choose what device you prefer! With no paperwork or appointments involved, applying for a loan from the comfort of your home is now a reality.
  • Fast. Want quick applications? You got it. You can apply with Nifty in just a few minutes. Speedy outcomes? We can provide those too. If you apply during our business hours, our team will aim to provide an outcome within 60 minutes.
  • Secure. We use safe banking technology to access read-only copies of your bank statements and Centrelink statements. This information is encrypted and stored securely, at no point do staff members have access to your login information.
  • Understanding. We know that times can get tough and you might need a bit of financial help once in a while. That’s why we offer fast cash loans for unemployed people!
  • Friendly. We love to hear from our clients, and we’re happy to help if you have any questions. To get in touch, you can either send an email to or call 1300 471 328 during our business hours.

Ready to see these awesome features in action? Scroll up and click Apply Now to get started!

Can I get cash loans for unemployed people if I have bad credit?

Yes, you could also get cash loans for unemployed people with Nifty if you have bad credit.

Like being unemployed, having bad credit is something that traditional lenders tend to look down upon. If they struggle to find a traditional lender that accepts their bad credit, some people might resort to frantically searching online for things like “instant cash loans no credit check unemployed” or “24 7 loans for unemployed”. However, there’s no need to go to these lengths. Just apply with an online lender that understands bad credit, like Nifty Loans!

Part of the reason why we don’t offer “instant cash loans no credit check unemployed” is because we conduct a credit check on every applicant. This might send some people with bad credit running for the hills, but don’t panic just yet. We perform credit checks as part of responsible lending practices. Whilst it makes up part of our assessment process, it’s certainly not the be all and end all.

At Nifty, we tend to focus more on your current relationship with money rather than your credit score alone. Did you know that some negative credit information can stay on your credit history for up to seven years? That means that a blip from your past could be preventing you from getting a loan from a traditional lender now. But never fear, because Nifty is here! We look at the bank statements you supply us with to get a better idea of your ability to afford a loan.

Want to get a loan, but worried about being judged purely by your credit history? Close those tabs of searches for “instant cash loans no credit check unemployed” and “24 7 loans for unemployed” and apply with Nifty Loans today!

How much do loans for unemployed people cost?

Fast cash loans for unemployed people offered by Nifty are split up into three categories based on the loan amount. There are small unsecured loans for amounts between $300 and $2,000, medium secured loans from $2,001 to $4,600, and large secured loans for $5,000.

Small Unsecured Loans:
Repayment period of 3 – 6 months
Do not require security

Medium Secured Loans:
Repayment period of 13 – 24 months
Requires security

Large Secured Loans
Repayment period of 13 – 24 months
Requires security

You can find some examples of the basic costs of our loans at the bottom of the page and on our costs page. Depending on what type of loan you apply for, other fees and charges may be payable. If you miss a payment or default on your loan contract, you may be charged additional fees. All fees and charges will be clearly outlined in your contract prior to signing. If you have any further questions, don’t hesitate to get in contact with our friendly team of loan experts.

For more information regarding personal loan costs, check out MoneySmart’s personal loan calculator.

How do I repay my Nifty loan?

Repaying a Nifty loan barely requires you to lift a finger. Your main responsibility is just to ensure that you have enough money in your account when your repayment day rolls around. Sound too good to be true? Let us explain.

While sorting out your loan contract, we’ll organise a day for your repayments on either a weekly, fortnightly or monthly basis. This is generally set up in line with your pay cycle. On that day, the allotted repayment will be automatically deducted from your account via direct debit. Once your loan is fully paid off, the direct debit will automatically stop. You are also welcome to pay out your loan early if you wish to – you won’t be charged any extra fees for doing so!

If you find yourself in the unfortunate position where you know that you won’t be able to make a repayment, communication is key. It’s important you let us know as soon as possible of the change in your situation. With enough notice, we may be able to arrange an alternate payment plan that works for all involved. If you don’t notify us and there isn’t enough money in your account for that repayment, the automatic withdrawal could fail and you may be charged extra fees. To avoid this, keep us updated!

Any more questions?

Hopefully the information we’ve provided here has brought you closer to deciding if fast cash loans for unemployed people are what you’re looking for. If they are, Nifty Loans is a great place to apply for them!

Taking out a loan is a big decision, so we understand if you’re still not 100% sure. If you’d like to know a bit more about us, our lending service and how it works, we’re happy to help. You can also check out our costs page if you’re unclear about fees, and the FAQ section for any general questions. If you’re still unsure about anything, please contact us directly and we’ll do our best to help you out.

Speed, convenience, security, great customer service, and of course, fast cash loans for unemployed people. They’re what Nifty does best! Apply today with Nifty Loans!

Read more about quick loan approval online here!

Who can apply?

18 Years and Older Can Apply For Loans

You're at least 18 years old

Personal Loans Australia

You're an Australian Citizen or Permanent Resident.

Emergency Cash Loans When Earning an Income For More Than 3 Months

You've been receiving a regular income into a personal bank account for at least 3 months.

Our Money Lenders Will Be In Contact

You have an active mobile number and email address.

How it works

Small Loans

$300 - $2,000

Quick Small Loans - Borrow Money Now
Loan amounts:$300 - $2,000
Terms:3 - 6 months
Establishment fee:20%
Monthly Fee:4%
APR:N / A *
Comparison Rate:138.37%**

Small Loan Example

Loan amount:$1,000
Terms:6 Months,
(24 weekly repayments)
Establishment fee:$200
Total other fees:$240
Total payable:$1,440
Weekly installments:$60.00

Medium Loans

$2,001 - $4,600

Medium Loans In An Hour Once Approval Has Been Confirmed
Loan amounts:$2,001 - $4,600
Terms:13 - 24 months
Establishment fee:$400
Monthly Fee:$0
Comparison Rate:65.86%**

Medium Loan Example

Loan amount:$2,500
Terms:24 Months,
(104 weekly repayments)
Establishment fee:$400
Total other fees:$1,609.44 (reducing interest)
Total payable:$4,509.44
Weekly installments:$43.36

Large Loans


Get Fast Money Today - Small to Big Cash Loans
Loan amount:$5,000
Terms:13 - 24 months
Establishment fee:Variable
Monthly Fee:$0
Comparison Rate:48%**

Large Loan Example

Loan amounts:$5,000
Terms:18 months,
(78 weekly repayments)
Total Interest:$1,897.54
Total payable:$6,897.54
Weekly installments:$88.43

* Not applicable. Small loans do not charge an annual interest rate.

** 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. Different loans may include other payable fees and charges. All fees and charges will always be displayed on your loan contract.

Who we've helped

Fast Cash Loans Australia With A Good Reputation
Nifty Peronal Loans Customer Reviews

Handy and responsive loan company

"Excellent loan company, only neutral point is only allowed one loan at a time and not allowed to top up loan balance but other than that very happy with the company and service"

- Nigel R


Types of loans