Loans for Single Parents

We provide loans to single parents across the nation

Being a single parent can be difficult. More importantly, children can be expensive. Whether it’s school books, new shoes or an emergency trip to the doctor, there is always something that is putting a strain on your budget. At Nifty Loans, we understand that with only one source of income, it is easy for bills to pile up. We provide quick online loans from $300 to $10,000. Whether you have been searching for ‘loans for single mothers’ or ‘loans for single parents’, we will have an option to suit your needs.

What are loans for single parents?

Personal loans for single parents are a type of personal loan that can be used to cover the expenses associated with supporting a child. In addition to this, fast cash loans for single parents can be used to cover other unexpected bills that may become difficult to manage because of your single income. Here are a few examples of what you could use your single parent loan to cover: 

• Car repairs
• Car registration
• Emergency medical expenses
• Dental fees
• Childcare costs
• Education costs
• Purchasing new white goods
• School excursions
• Home repairs
• New appliances
• A holiday for you and the kids
• Travel costs
• School uniforms

Who qualifies for single parent loans?

Along with being a single parent, we have a few other eligibility criteria all of our applicants must meet. Please ensure you can say ‘yes’ to the following before you apply:

• Be at least 18 years old
• Be an Australian citizen or permanent resident
• Have been receiving a regular income into a personal bank account for the last 90 days
• Have an active email address and mobile number

Can I get bad credit loans for single parents?

Are you worried about your credit score? We offer bad credit loans for single parents. If you have had trouble qualifying for loans from traditional lenders because of a poor credit history, a more alternative lender like Nifty may be your solution. We will look at things like your bank statements to get a better understanding of your current relationship with money, not just your past. 

While we must still conduct a credit check as it’s required by law, we will not let a bad credit score stop you from accessing single parent finance. If your bank statements show you have the ability to make your repayments, we may be able to provide you with a personal loan.

Do you offer loans to single parents on Centrelink?

We consider most Centrelink income as regular income. If you are receiving a Parenting Payment, or another regular form of Centrelink income, we may be able to offer you a loan for people on Centrelink. We must be able to see that you have been receiving your Centrelink payments for the last 90 days into your personal bank account. This is to ensure that we have a realistic idea of your finances and that you will have the consistent income required to repay your loan. 

How to apply

Applying for a same day cash loan is easy with our 100% online application process. It could take you less than 10 minutes to apply for loans for single parents by following these simple steps:

Step one: Apply online

Use our loan slider to select the amount you wish to borrow. Once you have done this, press ‘Apply Now’ and fill out the rest of your application, accompanied by any supporting documents needed to assess your application.

Step two: We assess your application

As soon as we receive your application, our team will begin processing. This could take just 60 minutes (if you apply within our business hours).

Step three: Review and sign your contract

If you have been approved, we will send you a copy of your electronic contract to sign. We encourage you to read this carefully, as all of our terms and conditions will be clearly stated in this agreement. Once you’re happy, e-sign and send your contract back to us.

Step four: Get your money

Once we have received your signed contract, we will transfer your funds straight to your bank account. Depending on which bank you are with, you could have your money ready to use within just 60 seconds!

Commonly asked questions about loans for single parents 

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