
Get exclusive money-saving offers and guides
Straight to your inbox
Updated
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
When you are a single parent there can be times when finances are tight. Here are some financing loan options including short-term lenders, traditional banks or credit unions as well as alternative financial solutions. All of these are outlined on the page below.
If you're struggling financially and would like to speak to someone for free financial advice, information and assistance you can call the Financial Counsellors hotline on 1800 007 007 (open from 9:30am to 4pm, Monday to Friday). If you are suffering financial problems related to the coronavirus pandemic you may be eligible for additional support. Find out more here: https://www.finder.com.au/coronavirus-financial-help
Do you really need a loan today?*
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.
* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
Yes. Banks, as well as short-term lenders will consider Centrelink applicants for loans. It depends what payments the applicants receive and the annual income, for eligibility criteria and to compare lenders head to this page.
Applicants usually need to be over 18, an Australian citizen or permanent resident and be earning a regular income. You will also need documentation to prove your income, usually with 90 days of bank statements, a form of ID and details of your employment, income assets and debts.
Off the back of Christmas spending, a finance expert has warned that your Afterpay habits could negatively impact your home loan application.
A UCapital unsecured business loan can provide up to $300,000 without security, with repayment terms between 3 and 12 months.
Your guide to home loan LVRs and how you can determine your loan to value ratio.
Do you have to tell your lender if you rent out a room and turn your mortgage into an investment loan?
Need an owner-occupier home loan? Compare rates, understand home owner tax rules and more.
Pepper Money is an Aussie non-bank lender that offers a vast range of personal loans and home loans to customers Australia-wide. Find out more here.
While COVID-19 has delivered a number of economic challenges, there is one area where Australians have benefits – with investment loans now cheaper than they've ever been.
Read Finder's guide to understanding principal and interest home loans.
Find out more about Pepper Money's no fee personal loan and benefit from a competitive rate from 6.95% p.a., zero fees and loan terms of up to 7 years.
Looking to renovate your home? Find out more about Brighte's personal loan for home improvements and ways in which it may be able to benefit you.
Im just interested in your personal help for single mother to seven kids
Hi Lashonda,
Thank you for leaving a question.
You have reached finder, a comparison website that assists users on financial decisions. We are not a loan provider. If you wish to check on lenders who could assist you on this, you may look at the comparison table on this page. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!
Cheers,
Reggie
How can I get a loan today for just a small loan?
Hi Lee,
Thank you for getting in touch with finder.
On this page that you are currently looking at, just click on Go to site button and you’ll be redirected to their official page to process your application online. From the table where various lenders are listed they have different turnaround time of your application like 30 minutes or 1 hour or same day. You may also see their contact number once you’re redirected to their official page.
As a friendly reminder, while we do not represent any company we feature on our pages, we can offer you general advice.
I hope this helps. Please feel free to reach out to us if you have any other enquiries.
Thank you and have a wonderful day!
Have a great day!
Cheers,
Jeni
Hi I had a car accident a month ago and need to come up with the excess money and am having trouble trying to get someone to lend me the money
Hi Letitia,
Thanks for reaching out and we’re sorry to hear about your accident.
If you are looking for find for a small loan (roughly from $100 and $2,000) to finance the excess money you need, please compare your loan options, make sure you meet the requirements/criteria and then get in touch with a lender featured on this page.
Hope this helps.
Cheers,
May
Hi I’ve been in a pretty hard situation of late and I have been approved for a place for my daughter and I . I’m needing a bond alone and unfortunately dept housing can’t help me. I only receive benefits , not the best credit rating can anybody help me with bond loan .Please
Hi Kathy,
Thanks for your question and sorry to hear about your situation.
I can’t recommend a specific lender to you but you can find a list of lenders that you can consider here.
I hope this will help,
Elizabeth
Are there loans for single fathers on centrelink with bad credit who don’t have photo I’d but still 100 points of id thank you.
Hi Daniel,
You can compare loans for Centrelink recipients on this page, but you will need some form of photo ID for most. You can find out what is required on each review page, but you can get a proof of age card from a motor registry if you don’t have your licence so you’re able to apply.
I hope this has helped,
Elizabeth
Hello I’m single mother with four children get no child support money from their father who left me and left me with all the bills can I please get a loan today for I’m in financial crisis. Thank you
Hi Rosa,
Thanks for your question and sorry to hear about your situation.
While payday loans are an option for you, you also have a few other options you can consider before applying for one. If the loan is to cover bills you have the option of calling your billers to ask for an extension or payment plan – this is a standard service provided by utility and other service providers. If this cannot be provided, you also have the option of calling the financial counselling support line on 1800 007 007, which is a free service. I’ve also emailed you two links to other services who may be able to provide assistance.
I hope this will be of some use.
Thanks,
Elizabeth