Income ManagementPersonal Finance

Cash Loans for Centrelink and Bad Credit

Been refused by the banks? Frustrated with the lack of cash loan options? If you are in need of some quick cash, a microloan is just for you!

Fast approval, flexible terms, poor credit acceptance & apply online

Microloans are a great way to receive cash quickly for financial emergencies. They are ideal for people who don’t quite fit the general lending criteria of the banks.

A person may qualify for microloan even if they are in any of the following circumstances:

• Self employed
• Have no tax returns
• Have no savings history
• Have bad credit or missed payments or defaults
• Are on a pension
• Have a low income or on Centrelink

If you happen to fall into any of the above situations or similar circumstances, a microloan could be an ideal financial solution for getting a quick cash loan. Below are some popular providers of cash loans to people who find it hard to obtain loans from the banks.

Advanced Payments for Centrelink recipients – If you are currently on Centrelink payments, you may be able to request and “advanced payment”. This allows you to access a lump sum of cash quickly and can be repaid over a short period of time from future Centrelink payments. Refer to the Human Services website for more details and application process.

If you are on Centrelink you may also be eligible for advanced payments. This allows you to receive some of your normal payment earlier to help with any shortfall. It is a great way to obtain financial assistance without going into debt from trying to secure a loan.

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1 Comment

  1. August 14, 2018 at 12:23 am — Reply

    I’m in need of $500 emergency cash to get to my mums funeral in Sydney can you help

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