Single Parent Loans

Payday Loans for Single Parents

Information verified correct on April 27th, 2017

A financial solution that can give you the funds you need today.

If you’re a single parent and in need of a loan, you might feel like you have limited options. This may be because you work part-time and so don’t meet the minimum income requirements set by lenders, or you may be receiving some kind of government benefits that makes you ineligible for personal loans. Either way, if you find yourself unable to access traditional personal loans or credit cards, you might want to consider a short term loan.

Sunshine Short Term Offer

Sunshine Short Term Offer

This is a short term loan offer with a fast and easy online application for bad credit borrowers who are employed. You can apply today to get approved for up to $2,000.

  • Loan Amount: $2,000
  • Loan Term: 9 weeks
  • Turnaround Time: 30 Minutes - conditions apply
  • Total Cost of Borrowing $100: 20% of borrowed amount + 4% of borrowed amount each month
  • Bad credit borrowers OK
  • Quick and easy Approval
  • No Credit Checks - Must be employed

    Loans options to compare

    Name Product Max. Loan Amount Term of Loan Turnaround Time Costs Product Description
    Sunshine Short Term Loans
    9 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. Family Business since 1999.
    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 a short term loan and you could borrow up to $2,000
    Ferratum Cash Loans
    Up to 6 mths
    Same Day if approved
    20% of borrowed amount + 4% of borrowed amount each month
    A small loan from Ferratum lets you borrow up to $1,900 without a credit check
    Cash Train Loans
    10 weeks or 3 months
    1 Business Day
    20% of principal amount (establishment fee) + 4% monthly charge
    Apply for a Cash Train loan and get up to $2,000 sent straight to your bank account. Fast online application

    Compare up to 4 providers

    Warning about Borrowing

    payday-warningDo 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:

    • For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor
    • Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
    • If you are on government benefits, ask if you can receive an advance from Centrelink: Phone: 13 17 94

    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.

    The single parent payday loan comparison

    Compare the features of the payday loans below before you apply.

    Payday LoanLoan TermMaximum Loan Amount
    10 weeks or 3 months$2,000
    62 days to 1 year$2,000
    9 weeks$2,000
    Up to 6 mths $1,900

    How do payday loans work?

    Payday loans are small, short term finance solutions that are designed to be repaid in line with your pay frequency and income. You’re usually able to borrow between $100 and $5,000 for a period of 16 days to six months, or up to $5,000 for one year. The turnaround time is quite quick and can be an option for people on lower incomes, receiving benefits or who just need the money quickly.

    Be mindful that these loans often come with higher fees and small loan terms, so make sure you can meet your repayment obligations before committing to anything.

    I receive Centrelink benefits, can I still get a loan?

    Yes, there is a range of lenders that will consider borrowers who receive Centrelink benefits as income. You can find out what options you have, and the eligibility criteria you need to meet, on this page.

    My credit history is not good. Will I be eligible for a payday loan?

    The majority of payday lenders will consider you for a loan even if you have bad credit. Lenders may have other eligibility criteria you need to meet, such as receiving a regular income or having more than 50% of your income come from Centrelink. As long as you meet the minimum criteria set by the lender (which you can find on review pages) you can apply.

    How to find the right loan for you

    If you're in need of quick funds you may be tempted to apply for the first loan you see, but there are a few things to keep in mind:

    • How much you can borrow. Lenders usually offer between $100 and $2,000, but if you're a first-time borrower you may only be eligible for less. There are higher loan amounts available – up to $5,000 and $10,000.
    • When you need to repay the loan. You will usually be offered loan terms to suit your pay frequency. For example, if you get paid fortnightly your repayments will be set to be taken from your account every two weeks. Loan terms can extend up to one year.
    • What the fees are. If you borrow less than $2,000 you will pay a maximum establishment fee of 20% and a maximum monthly fee of 4%, both based on what you borrow. Loans $2,001 to $5,000 have a maximum annual rate of 48% p.a. plus a $400 establishment fee.
    • When you will receive the funds. You can usually receive your funds on the same day you are approved, although some lenders may transfer it to you the next business day.

    What other financing options do single parents have?

    There are various alternative financing options that single parents can consider.

    • NAB StepUP. If you receive a low income and are borrowing money for essential goods and services, you can consider this option from NAB. You can apply for between $800 and $3,000 and you'll receive a low rate of 5.99% p.a. to repay what you borrow.
    • Centrelink cash advance. Borrowers on Centrelink payments can consider bringing one of their payments forward for a cash advance. Keep in mind you can only receive one per year.
    • Good Money. Single parents in Victoria who receive Centrelink payments can consider this loan. The funds need to be used for essential purposes such as vehicle repairs, medical or educational expenses, bills or debts.
    • Charities. There are various charities, including the Salvos or Anglicare, that can offer you emergency financial assistance.
    • Free financial counselling. If you need a loan due to problems with your finances, you can receive some free financial help by calling 1800 007 007.

    Related information: How you could get a loan on Centrelink benefits

    Things to consider before applying for a payday loan

    While payday loans can seem like a good solution to take advantage of, there are a few drawbacks to be aware of. One is the extremely high interest rates and fees that are charged by payday lenders. While ASIC has strict regulations in place to keep these costs below a certain level, they are still a high-cost product. Use the payday loan calculator below to get an idea of what your repayments will be.

    This calculator is designed to provide you with an estimate based on the numbers you enter. Your personal details are not taken into account and all calculations are based off the calculation model. This calculator is not intended to be the sole source of your information when making a decision regarding your loan, and this calculator also does not guarantee your eligibility. The calculator works off the following assumptions: fees do not change for the life, your lender will charge a 20% establishment fee and a monthly fee that is 4% of your principal loan amount. You may want to seek advice from a financial professional before signing up to a loan.

    How you can apply

    Applying for a payday loan is simple. You can start by comparing your options using the comparison table on this page. Once you’ve found a loan, click the "Go to site" button to be redirected through to the lender’s online application form.

    You'll need to provide a form of ID, 90 days of your bank statements (some lenders can connect straight to your bank account to receive these) and details of your employment and financial situation.

    The application won't will won't take long to complete and you should receive an instant response as to whether you have been approved. Once you’ve signed the loan contract, you will receive your loan amount within the time specified by the lender.

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    22 Responses to Payday Loans for Single Parents

    1. Default Gravatar
      Rebecca | December 6, 2016

      Were can i get a loan without a drivers licence and birth

      • Staff
        Anndy | December 6, 2016

        Hi Rebecca,

        Thanks for your questions.

        Lenders just need a way to verify your identity. If you don’t have a driver’s license, some lenders may accept birth certificate along with your Medicare card, etc. However, it’s best to confirm this with the lender before you apply.


    2. Default Gravatar
      Terri | September 1, 2016

      I am a single Mum and take in foster children. I am in need of a new car but can’t quite afford it. I am needing a bigger car due to having more than one child at a time.

      Wanting to know if I am able to borrow any money as I am only on benefits.

      Please advise
      Thank you and Regards

      • Staff
        May | September 1, 2016

        Hi Terri,

        Thank you for your inquiry.

        There are actually lenders that accept applications from people who are receiving Centrelink benefits. Please review the criteria and find more information about the loan options available for you from our guide on this page.

        Hope this helps.


    3. Default Gravatar
      Rosa | June 21, 2016

      Hello I’m single mother with four children and have poor credit desperately need of a urgent single mothers payday loan today who can help me please????

      • Staff
        Elizabeth | June 21, 2016

        Hi Rosa,

        You can find some of your loan options on the page above, and once you’ve found a loan you want to apply for and are eligible for you can click “Go to Site” to submit your application. You can check more details of any of the loans by clicking on the name of the loan.

        I hope this helps,


    4. Default Gravatar
      Patricia | November 16, 2015


      My question is I’m a single working mum on centrelink payments and I receive child support payments as well. I currently haven’t been receiving hours at work for no apparent reason which has left me behind in my rent and I’m desperate for emergency help. Will I be eligible for a loan?

      • Staff
        Elizabeth | November 16, 2015

        Hi Patricia,

        Thanks for your question.

        If you are unsure when your next pay is coming in, then a payday loan may not be the best option for you – one option you can consider is a Centrelink cash advance, where one of your Centrelink payments is brought forward to help you pay for any immediate payments. You can get in touch with Centrelink to apply.

        There are also a few community financial assistance programs detailed here that can help you pay for essential household items. If you are in need of emergency financing you should get in touch with a charity organisation who can help you with essentials for you and your child.

        I hope this information has been of use.



    5. Default Gravatar
      donna | October 10, 2015

      I’m a discharged bankrupt. And a single mum 0f 3 young ones and a 20yr old undergoing cancer i able to get a loan for a second hand caravan to take my children on a small holiday over christmas?

    6. Default Gravatar
      Shikera | August 18, 2015

      Please help me my Account debit

      • Staff
        Elizabeth | August 18, 2015

        Hi Sm199616,

        If you would like to apply for a loan you can compare lenders on this page. Once you’ve found a lender you want to apply with, click ‘Go to Site’ to submit your application.



    7. Default Gravatar
      Xbox | August 2, 2015

      I am a single mom of two boys. I have had a really rough few months after splitting from my ex. I am needing help getting clothes and stuff for them for school and also for a apartment we have been staying with family and friends. I just need help getting back on my feet. Are there any loans I could get fast?

      • Staff
        Elizabeth | August 3, 2015


        Thanks for your question and sorry to hear about your situation.

        The loans on this page are all ‘fast’ loan options, but there are a few alternative loan options that you may be eligible for. These include the No Interest Loans Scheme and a StepUP Loan and are detailed towards the bottom of this page. You may also want to get in touch with the free financial counselling service on 1800 007 007 as they will be able to provide more personal financial advice.

        I hope this will help.



    8. Default Gravatar
      | July 18, 2015

      Am I eligible for a payday loan for single mothers on pension in financial crisis please thank you.

      • Staff
        Elizabeth | July 21, 2015

        Hi Rosa,

        Thanks for your question.

        Your eligibility depends on a number of factors, including your financial circumstances, credit history, etc. You can find out about your loan options on this page and apply online when you find a lender that’s right for you.

        I hope this has helped.



    9. Default Gravatar
      gloria | June 14, 2015

      How can I get a loan im on single parenting payment centrelink government.
      have 4 dependents all under5 just moved in to a new house.

      • Staff
        Elizabeth | June 15, 2015

        Hi Gloria,

        Thanks for your question.

        You can find a list of lenders who will consider you for a loan while receiving Centrelink payments on this page. You can also learn about some of your alternative financing solutions on this page.

        I hope this has helped.



    10. Default Gravatar
      kerramarnie | June 11, 2015

      Hello, I was just needing help im on youth allowance(centrelink) needing help for a loan. My sister is having her wedding on the weekend and looking for help to get there.

      • Staff
        Elizabeth | June 11, 2015

        Hi Kerramarnie,

        Thanks for your question.

        You can find out about your loan options while receiving Centrelink on this page. There’s a list of lenders on the page that will consider you for a loan, and once you find a lender you want to apply with just click ‘Go to Site’.

        I hope this has helped.



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