Payday Loans for Single Parents

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

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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.

Financial hardship

If you're experiencing financial hardship and would like to speak to someone for free financial counselling, you can call the Financial Counsellors hotline on 1800 007 007. It is open from 9:30am to 4pm, Monday to Friday. When comparing short term loans, ensure you take into consideration any fees, charges and rates you may be charged. It's important to weigh up all your options before applying for any form of credit.

⚠️ 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.


Nimble Short Term Loan

Finder Exclusive:
50% discount on the establishment fee (now 10% of the loan amount) and monthly fee (now 2% of the loan amount)

Nimble offer a fast and easy online application. You can apply today to get approved for up to $2,000.
  • Loan amount: $2,000
  • Loan term: 62 days to 9 months
  • Turnaround time: 1 hour - conditions apply
  • Fees: 10% of loan amount + 2% of loan amount each month
  • Quick and easy Approval
Nimble Short Term Loan
  • Borrow up to $2,000
  • 100% online application
  • SMS payment reminders
Go to site More info

Loans options to compare

Updated September 19th, 2019
Name Product Maximum Loan Amount Term of Loan Turnaround time Arrears Fee Costs Fortnightly Repayment (for $1500 Loan)
62 days to 9 months
1 hour - conditions apply
10% of loan amount + 2% of loan amount each month
Finder Exclusive: 50% discount on the establishment fee (now 10% of the loan amount) and monthly fee (now 2% of the loan amount)
A loan up to $2,000 with terms up to 62 days to 9 months. Centrelink cannot be your primary source of income.
9-12 weeks
30 minutes - conditions apply
20% of loan amount + 4% of loan amount each month
A small loan up to $2,000 that you repay over 9-12 weeks. Loans approved and funded in as little as 30 minutes. Centrelink must not be your primary income
Up to 2 years
3 hours - conditions apply
Apply for up to $2,000 and be able to access your approved loan as a convenient line of credit.
22 - 52 weeks
Same day - conditions apply
Up to $2,000 - 20% establishment fee + 4% monthly.

Above $2,000 - $400 + from 8.7% to 48% APR
Borrow from $1,000 to $5,000 with same-day funding and no early repayment fees.
6-12 months
Same day - conditions apply
20% of loan amount establishment fee + 4% of loan amount monthly.
Credit24 offers this loan up to $2,000 and gives you 12 months to repay.
3-12 months
1 business day
Establishment fee from 10% of loan amount + monthly fee from 2%
A small loan between $500 and $2,000 that can be funded in 24 hours.
3 to 12 months
1 business day
10% of loan amount + 2% of loan amount each month
A small loan up to $2,000 from a lender backed by NAB. Transparent eligibility criteria and competitive costs.

Compare up to 4 providers

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 9 months$2,000
9-12 weeks$2,000
up to 6 months$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.

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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26 Responses

  1. Default Gravatar
    DaleJanuary 31, 2018

    Hey guy’s just looking for a fast loan for a wedding trip. Cheers

    • Avatarfinder Customer Care
      JonathanFebruary 23, 2018Staff

      Hi Dale, thanks for your inquiry.

      Please see this page for personal loans related to weddings/ wedding trips.



  2. Default Gravatar
    JacquelineJune 6, 2017

    I’m overdue with my rent by $400 and my credit isn’t that good. I have been declined almost everywhere. I have 2 kids and I have to pay my rent. Where could I get a loan? Thank you.

    • Default Gravatar
      JonathanJune 6, 2017

      Hi Jacqueline!

      Thanks for the comment.

      You may check our loans on this page to see which one works for you.

      Click “Go to Site” green button to proceed with your application. Take note that this is subject to lender’s credit approval.

      Hope this helps.


  3. Default Gravatar
    RebeccaDecember 6, 2016

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

    • Avatarfinder Customer Care
      DeeDecember 6, 2016Staff

      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.


  4. Default Gravatar
    TerriSeptember 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

    • Avatarfinder Customer Care
      MaySeptember 1, 2016Staff

      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.


  5. Default Gravatar
    RosaJune 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????

    • Avatarfinder Customer Care
      ElizabethJune 21, 2016Staff

      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,


  6. Default Gravatar
    PatriciaNovember 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?

    • Avatarfinder Customer Care
      ElizabethNovember 16, 2015Staff

      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.



  7. Default Gravatar
    donnaOctober 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?

  8. Default Gravatar
    ShikeraAugust 18, 2015

    Please help me my Account debit

    • Avatarfinder Customer Care
      ElizabethAugust 18, 2015Staff

      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.



  9. Default Gravatar
    XboxAugust 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?

    • Avatarfinder Customer Care
      ElizabethAugust 3, 2015Staff


      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.



  10. Default Gravatar
    rosaJuly 18, 2015

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

    • Avatarfinder Customer Care
      ElizabethJuly 21, 2015Staff

      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.



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