Single mother emergency loans

Emergency Loans For Single Mothers

Are you a single mother looking for a loan? There is finance available when you need emergency funds.

If you're a single mother, there is a variety of reasons why you might need quick finance. Whatever your reason, there are loan options available. You can consider a short-term lender, a traditional bank or credit union or an alternative financial solution. All of these are outlined on the page below.

Wallet Wizard Smart Loan (Up to 2K)

Wallet Wizard Smart Loan (Up to 2K)


47.80 % p.a.

fixed rate

  • Borrow from $500
  • Flexible eligibility criteria
  • Transparent rates and fees
Security Logo

100% confidential application

Wallet Wizard Smart Loan (Up to 2K)

The Wallet Wizard smart loan(Up to 2K) let you access your funds as a flexible line of credit up to $2,000

  • Loan amount: $2,000
  • Loan term: Up to 2 years
  • Turnaround time: 3 hours - conditions apply
  • Fees: 47.8%
  • Wallet Wizard Visa Card
  • Automatic Payments
  • Redraw & Top-up available
Go to site

Emergency loans that single mothers could apply for

Rates last updated August 16th, 2018
Name Product Max. Loan Amount Term of Loan Turnaround Time Costs Fortnightly Repayment $1,500 Product Description
Wallet Wizard Smart Loan (Up to 2K)
Up to 2 years
3 hours - conditions apply
Apply for up to $2,000 as a convenient line of credit.
Credit24 Short Term Loan
6-12 months
Same day - conditions apply
20% of loan amount establishment fee + 4% of loan amount monthly.
A loan with a quick turnaround time and generous loan term. To be eligible, Centrelink must not be 50% or more of your income.
Sunshine Short Term Loans
9-15 weeks
30 minutes - conditions apply
20% of loan amount + 4% of loan amount each month
Apply online with Sunshine Loans and you could borrow up to $2,000 paid directly into your account. Note: Centrelink must not be your primary source of income.
Nimble Short Term Loan
62 days to 1 year
1 hour - conditions apply
20% of loan amount + 4% of loan amount each month
Apply for up to $2,000 and have 62 days to 1 year to repay. Note: Centrelink must not be your primary source of income.
Ferratum Cash Loans
up to 6 months
Same day - conditions apply
20% of borrowed amount + 4% of borrowed amount each month
Ferratum lets you apply for up to $1,900 without a credit check.

Compare up to 4 providers

What options do I have?

  • Short-term loan. These loans let you borrow between $100 and $2,000, or sometimes up to $10,000. You can be in a variety of financial situations, including receiving Centrelink payments, but keep in mind higher fees and rates will apply.
  • Bank loan. Some banks offer same-day loans for existing customers, giving you an option to consider if you need quick cash. Keep in mind you'll need good credit to be eligible, but you can still be considered if you receive Centrelink payments.
  • Alternative finance. There are various low- and no-interest loans available to those on low incomes, as well as charities offering financial assistance. Depending on your circumstances, you may want to consider these.

I receive Centrelink – can I still apply for a loan?

Yes. Banks as well as short-term lenders consider applicants for a loan. It depends what payments you receive and your annual income, but you can find out the eligibility criteria and compare lenders on this page.

What alternative finance options are there for single mothers?

  • NAB StepUP. This loan is an option to consider if you are on a low income and need a loan for essential goods and services. You can borrow between $800 and $3,000 at a rate of 5.99% p.a.
  • No Interest Loans Scheme (NILS). This is offered by Good Shepherd Microfinance and is also designed for purchasing essential goods and services. You can apply for between $300 and $1,200 and repay it over 12 to 18 months. You'll need a health care card or pension card or be on a low income, have resided in your current premises for three months and show a willingness and capacity to repay.
  • Centrelink cash advance. If you receive Centrelink you can have your payments brought forward as a cash advance. Your eligibility depends on how long you've been on Centrelink and how much you receive.
  • Good Money. These loans are available to residents of Victoria that receive Centrelink payments. The funds need to be used for purposes such as vehicle repairs, educational expenses, bills or debts.
  • Services Relief Trust Fund. If you receive a salary and are a member of the Australian Defence Force you can access no and low interest loans that are repaid from your income.

How you can compare emergency loans for single mothers

  • Research the lender. Check the lender’s website and make sure its a reputable company. There have been many cases where scammers have pretended to be a loan provider, so see how easily they are to contact and check the credit licence.
  • Take note of interest rates and fees. Rather than having interest rates, emergency loans have a hefty fee to cover the cost of borrowing.
  • Find out what loan amounts are available. Different lenders may offer different minimum and maximum amounts. You don’t want to borrow more than you need, so you want to apply for a loan for as close to the amount you need as possible.
  • Check if the loan terms flexible. The terms of the loan should also be compared so you have the optimal time for making repayments. Most lenders will require that you pay back the funds within the ‘next payday’ and will automatically deduct the funds from your account.

Things you should consider avoiding about emergency loans for single mothers

  • Be careful of borrowing too much.

When you’re in need of emergency funds it can be easy to borrow more money than you actually need. While this might help your current financial situation, it could cause you more problems in the end. This is because over-borrowing can put you into deeper debt and you may find it harder to repay the loan.

  • Watch out for the expensive fees and penalties.

If you take the first loan you see you might be saddled with high and frequent fees or extra penalties for certain things. For example, if you don’t compare available loans you might find yourself paying an unnecessary application fee or unnecessary ongoing maintenance fees.

Ready to apply? What the single mother should consider

Check you are eligible for the loan before you apply. You 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.

Was this content helpful to you? No  Yes

Related Posts

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy & Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.

10 Responses

  1. Default Gravatar
    LeeJune 10, 2018

    How can I get a loan today for just a small loan?

    • finder Customer Care
      JeniJune 10, 2018Staff

      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!


  2. Default Gravatar
    LetitiaDecember 29, 2016

    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

    • finder Customer Care
      MayDecember 29, 2016Staff

      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.


  3. Default Gravatar
    KathyJuly 7, 2016

    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

    • finder Customer Care
      ElizabethJuly 8, 2016Staff

      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,


  4. Default Gravatar
    DanielApril 22, 2016

    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.

    • finder Customer Care
      ElizabethApril 22, 2016Staff

      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,


  5. Default Gravatar
    October 31, 2015

    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

    • finder Customer Care
      ElizabethNovember 2, 2015Staff

      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.



Ask a question
Go to site