Loans For Unemployed People | Fast Loans up to $10,000

Nifty Understands!

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? When you find yourself in an emergency and needs funds fast, who do you turn to?

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!

Loans for unemployed people are types of personal loans for those without employment. They can be for amounts between $2,500 and $10,000. Unsecured loans for unemployed people, from $2,500 to $4,600, have available repayment periods of between 9 and 24-months. Secured loans for unemployed people of above $2,500 have possible repayment periods of 9 to 24-months. The exact costs of loans for unemployed people are dependant upon the loan amount.

Are there other options I could consider?

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!

Although at Nifty we understand that there may not always be other options. So when you need that helping hand, apply with Nifty!

Can I get loans for unemployed people with Nifty?

At Nifty, we can’t accept applicants who don’t receive a regular income. However, if you receive certain Centrelink benefits, we may be able to help you out.

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?


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:

  1. Personal contact details, such as your mobile number and email address;
  2. Reason for your loan;
  3. Internet banking details;
  4. MyGov details (for clients receiving Centrelink benefits);

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

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 do loans for unemployed people work?

Fast cash loans for unemployed people offered by Nifty are split up into two categories based on the loan amount. There are medium secured loans from $2,500 to $4,600, and large secured loans for $10,000.

Loan Type Repayment Period Security?
Medium Unsecured or Secured Loans Repayment period of 9 – 24 months Can provide security
Large Secured Loans Repayment period of 9 – 24 months Must provide 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!


Can I borrow money if I’m unemployed?

We can only approve applicants who receive a regular income – however receiving regular Centrelink benefits can be classified as an income. Nifty can therefore approve loans ranging between $2,500 and $10,000 to people who receive certain regular Centrelink benefits.

Am I eligible to apply for loans for unemployed?

To be eligible for our unemployed loans you must:

  • Be 18 years of age or over;
  • Be an Australian citizen or permanent resident;
  • Have received a regular income for at least the past 90 days;
  • Have an active mobile number and email address.
  • Have internet banking set up.
How can I apply for Centrelink loans?

Step 1: Submit an Application online in minutes.
Step 2: Supply supporting documentation
Step 3: We’ll assess you
Step 4: Get an outcome
Step 5: If approved, review and sign your contract
Step 6: Cash transferred straight to you

Are loans for unemployed available online?

Yes, they are. Nifty’s application process is 100% online meaning you can apply from your own home or on-the-go. Documents are to be submitted online as well – no copying or printing required.

How do I repay my loan?

Nifty’s loan repayments are made via direct debit. We can set up payments on a weekly, fortnightly or monthly basis, however we’ll usually just align repayments with your pay cycle. If you ever need to change anything, don’t hesitate to get in contact and let us know.

Ready to Apply?