⚠️ Warning about Borrowing
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:
- 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.
I’m on a disability pension for the last 6 year’s and I’m over 35 with good credit history, just one paid default. Can I get a $15000 personal loan?
Hello Curt.
Thank you for your comment.
Good to Go’s Cash Loan product is also offered to individuals who receive Centrelink income. Your capacity to repay a loan will be considered. However, the lender decides how much they’ll approve you of. So it’s best to contact Good to Go directly and check your options.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Regards,
Jhezelyn
I have $295k. I need $95k to purchase a home unit for $390. I am currently waiting for my Disability claim form centrelink to approved. I am also 2 weeks away from finding out whether an insurance payout of $120.000 from my super company is approved.
Hi Allen,
Thank you for your inquiry and sorry for the delayed reply.
Are you looking for a personal loan of about $95K? If so, I’m afraid that Good to Go only offers loans to people with regular income. Nevertheless, you might want to check with any lenders offering Centrelink loans. Though please note that $95K is already a very big amount for a personal loan, as it is already risky for lenders to lend such an amount.
Meantime, another option for you could be a Centrelink home loans. Please check our guide to know how you can apply while receiving Centrelink payments. It would be advantageous as well to speak to a mortgage broker who can take into account your circumstance and help you find a suitable home loan for you.
Hope this helps.
Cheers,
May
Katherine I am currently 27 weeks pregnant and have 13 weeks to go. I need to know if I should take out a personal loan to help pay for bubs things he will need once born. What do you advise?
Hi Michelle,
Thanks for your message and for contacting Finder.
Yes, you can definitely apply for a personal loan to pay for expenses when your child arrives. Just make sure you have all the eligibility requirements needed to apply for one. You can check the needed documents to apply for a loan.
Also, here is a list of private health insurance for pregnancy and birth. On the page is a comparison table you can use to see which insurer suits you. When you are ready, you may then click on the “Go to site” button and you will be redirected to the insurer’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.
Hope this was helpful. Hope you have a safe delivery!
Cheers,
Nikki
How do I get a loan with bad credit rating
Hi Reece,
Thanks for your inquiry.
Having bad credit can make it difficult to access finance when you need it, but if you’re in that situation you still have some options to choose from. You have both secured and unsecured bad credit loans available to you, but lower interest rates and fees can be found if you’re able to offer security. Lenders may also be more willing to approve you as the loan is less of a risky venture.
Here’s our list of secured bad credit loans to choose from.
Please click the name of the lender to be redirected to our review page and learn more about the lender’s loan offer, rates, and requirements as well as the pros and cons of using their loan service. When you are ready, you may then click on the “Go to site” button and you will be redirected to the lender’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. You can also contact the provider if you have specific questions.
Hope this information helps
Cheers,
Arnold
I’m a stay at home mom on centrelink. I need a loan for $1200 for an emergency situation we have. I know i can pay back the loan with my centrelink allowance (fortnightly) as i live at home (no rent etc) but I’ve been declined from these loan places, would Good to Go be any different?
Hi,
Thanks for your inquiry.
Good to Go can let you borrow $500 to $5,000, and loan terms vary between 4 weeks to 5 years. You can apply for this loan if you’re on Centrelink income and if you have bad credit. If you meet the eligibility criteria above, you can apply for a Good to Go loan online via its website. Keep in mind that the approval will be on a case-by-case basis. So please review the criteria and the relevant Product Disclosure Statements/Terms and Conditions. If you’re keen to know the other lenders that offer loans to people on Centrelink, you should be able to check which lenders do by checking the table found on the page.
Hope this helps.
Best regards,
Rench