If you are on Centrelink payments you may be eligible to obtain a loan.
There is now a lender that is willing to lend to recipients of Centrelink payments. However, if you are on Newstart you will need to be working in a part time job as well to be eligible.
There are no guarantees of your obtaining the loan you require however if you are in need of funds this is the 1st lender we have found to consider you for a loan.
It only takes 5 minutes to get pre-approved online so it is worth a go. The process does not effect your credit file as your credit file is only accessed after you give approval you wish to go ahead with the loan.
So that means if you are on any of these payments you may be eligible to obtain a personal loan (there may be others we have missed but we have listed some main ones):
- Age Pension
- Baby Bonus
- Bereavement Payment
- Carer Allowance
- Carer Payment
- Carer Supplement
- Dad and Partner Pay
- Disability Support Pension
- Family Tax Benefit
- Parenting Payment
- Partner Allowance
- Single Income Family Supplement