Received a Centrelink Cash Advance And Need A Lender? Apply With Personal Loan Pal!

What is a Centrelink cash advance?

A Centrelink cash advance is a form of advanced payment that can be accessed by Centrelink recipients. Those in need of other finance options might be interested in secured loans bad credit on Centrelink or online loans for Centrelink customers. Loans for Centrelink customers can vary depending on the lender. They can be secured or unsecured depending on the loan amount, with a maximum repayment period of 24 months.

If you receive Centrelink payments and require access to funds, you have a number of options available to you. We can help you find lenders who may be able to provide you with a personal loan. Keep reading for more info.


How do I get an advance payment from Centrelink?

If you wish to apply for a Centrelink cash advance, just follow these simple steps:


  • Get started: sign in to myGov and select Centrelink;
  • View advance payments;
  • Apply for advance;
  • Review and submit application;
  • Get your receipt;


For a more detailed step-by-step guide, visit the Human Services website.

Do lenders offer personal loans for people who have received a Centrelink cash advance?

Do you find yourself googling ‘Centrelink personal loans’? Thinking you won’t find the fast cash you need because you receive Centrelink? Don’t sweat it. Apply with Personal Loan Pal and we’ll do our best to find you a lender that can say ‘yes’.

Sometimes the unexpected happens and you need access to funds fast. Finding a lender willing to offer you personal finance may seem a daunting task. But, don’t worry. Personal Loan Pal work with lenders who are open to offering you a personal loan.

What is a personal loan?

So, are you wondering what a personal loan is? A personal loan is typically a small loan which is used to finance personal items. Personal Loan Pal provides loans for things like white goods, renovations to the home, vehicle repairs, vacations and any other unexpected bills. It has a much shorter loan term than a mortgage and is generally easier to qualify for.

I’ve previously received a Centrelink cash advance, are you still able to try to find me a lender?

Yes, we can! We work with lenders who know how difficult it is to be on Centrelink and have unexpected expenses to cover. Let’s be real, cars never break down when you’ve got heaps of spare cash, do they? What makes things worse is often people receiving Centrelink payments are considered risky borrowers by traditional lenders.

Although there are some people who take advantage of the benefits scheme – this is not true about everyone! We aim to associate ourselves with lenders who understand how the world works. They know that sometimes you can get laid off from a job because the company has closed, or your contract has ended, leaving you without any other options.

Centrelink serves the purpose of helping to support people and to get them back on their feet. However, it can be very difficult to find lenders willing to help with unexpected expenses.

Here at Personal Loan Pal, we try to find you lenders that look for reasons to say ‘YES!’, rather than looking for reasons to say ‘NO’.

Do lenders deem people that receive a Centrelink cash advance eligible for personal loans?

For most lenders, this is dependent on what type of Centrelink you receive. So, if you are a pensioner, carer, disability pensioner or receiving foster care allowances, you’ll need to have a secondary form of income to be considered for a loan.

People receiving a child support income must provide supporting documentation for their loan application. This will include a Family Law Court Order, bank statements showing their child support payment history, as well as a letter from a solicitor and Child Support Agency.

You may also be accepted for a personal loan if you are receiving pensions from one the following countries: Austria, Belgium, Canada, Chile, Croatia, Cyprus, Denmark, Finland, Germany, Greece, Ireland, Italy, Japan, Korea Republic, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Slovenia, Spain, Switzerland or the United States of America.

Who is not eligible for a personal loan if they have received a Centrelink cash advance?

There are a few conditions which may impact your likelihood of being accepted for a personal loan if you have previously received a Centrelink cash advance. It is important to know these so that, if you do lodge an application through us, you won’t be disappointed. Sometimes, the lenders we find cannot offer Centrelink approved loans, however, if your financial circumstances change, you’re welcome to apply again.

You are not likely to receive a personal loan if you are repaying a Centrelink cash advance from more than 12-months ago. You may also be deemed ineligible if you owe a debt to the Australian government, can’t afford to pay within 6-months or are living outside of Australia.

However, there is an exception for those receiving a widow pension, wife pension, age pension, carer pension or disability support pension. We could help you find a personal loan lender if you:

  • Receive at least $400 a week or $800 a fortnight into a personal account from Centrelink;
  • Are an Australian citizen;
  • Are over 18-years of age.

What if I’m currently receiving Centrelink?

The answer is yes, there are certain financial lenders that will give loans to people on Centrelink. If you are unable to receive a personal loan for people who have previously received a Centrelink cash advance, you may still be able to receive a loan for Centrelink customers. In some situations, lenders will have certain conditions that will determine your eligibility.

Do you find lenders offering low-interest personal loans?

People on low incomes may have access to a No Interest Loans Scheme (NILS). This scheme provides people with low incomes access to credit with low-interest rates. People can apply for loans between $300 and $1,200, which can be repaid over 12 to 18-months without interest charges and fees.

This loan can be used to purchase household items, health care items or for car repairs (only for people who have little access to public transport). The scheme is available to those who have a Centrelink healthcare card or pension card.

Source: MoneySmart

How do you find a lender offering cash advance for people receiving Centrelink?

Well, you could spend some time browsing the internet and comparing the different cash advance loan options available to you. You could visit sites like Good Shepherd Micro-Finance or Good Money – in fact, to help you out we’ve given you some extra information about them below. Or you could apply right here, and let us take care of the rest.

Make sure you visit our How It Works page to find out how you can apply for a loan right here. No calls, no lengthy comparisons, just a quick application form and you’re good to go.

How to find lenders that offer loans for pensioners on Centrelink?

We can find lenders that provide loans for pensioners on Centrelink. As your Personal Loan Pal, we can find you a lender that is ready to give you a fair go, even if you receive Centrelink, or you’re on a pension. Therefore, if you’re a pensioner you can apply with us and we’ll do our best to match you with a lender that can help.

Step Up Loan

There are some organisations that provide low-interest loans for Centrelink customers. One organisation called Good Shepherd Micro-Finance operates the Step-Up Loan. They provide loans for people with low incomes and have difficulty accessing credit from the banks.

With them you can apply for a loan between $800 – $3,000 which can be paid back over 3-years with no fees. They are a non-for-profit that helps people to get on their feet.

Good Money

Good money is another organisation that provides loans for people on Centrelink. They offer loans to help purchase household items, car repairs, education expenses and medical expenses.

To apply for a loan with them simply fill out their online enquiry form. Then you will be invited for a face-to-face interview where you will be required to provide your paperwork. Your application will be assessed and then you will be informed of your outcome.

Right here, right now!

Here at Personal Loan Pal, we find lenders who can offer personal loans to people who have previously received a Centrelink cash advance. If you just meet our basic eligibility criteria to use your service, you can apply online in just a few minutes. We’ll sift through the dodgy institutions and try to match you with a lender who may be able to help. Ready to get started? Simply scroll up to the top of this page and let’s begin.

More information

There are other resources available to you if you are struggling financially. For instance, there are community helplines that help you connect to a financial counsellor. They have a simple step-by-step guide to explain how to fix debt problems.

When you are receiving Centrelink payments and need access to funds, it is good to know that you have a few options and support networks available to you. You could apply for a cash advance for people receiving Centrelink payments on the Personal Loan Pal website.

The other option is applying through a specialist not-for-profit lender. They offer low-interest loans for people with low incomes and have a lot of information and support available to you.

So, don’t worry, whatever your situation, there are many supportive avenues for you to take.

Disclaimer: Our suggestions are just suggestions. Whilst find lenders offering bad credit personal loans to those who meet our requirements, we aren’t financial advisors, planners, bankers or lawyers. We aren’t even a lender. Your decisions should always be based on your personal situation and thorough research backed up by the opinion of a professional or two.

Wondering if you qualify for a loan? Personal Loan Pal can let you know!