As long as you are on a Centrelink payment scheme, No credit check loans guaranteed – Australia Centrelink payment-based loans are available and you can still easily get a loan for your immediate monetary needs.

For people in this situation, this guide will cover your needed information on getting Centrelink-based loans and their basic terms and conditions.

Accepted Centrelink payments for loans

Centrelink is a social security government assistance payment used for many different situations. Payments are made steadily and are reliable. Centrelink now give more Australians options for borrowing cash or credit.

If you have one or more of these types of Centrelink payments you may use them to avail of this loan:

  • Age Pension
  • Assistance for Isolated Children Scheme
  • Austudy
  • Carer Allowance
  • Carer Payment
  • Carer Supplement
  • Child Care Subsidy
  • Concession Cards
  • Crisis Payment
  • Disability Support Pension
  • Double Orphan Pension
  • Essential Medical Equipment Payment
  • Family Tax Benefit
  • Health Care Card
  • JobSeeker Payment
  • Mobility Allowance
  • Parental Leave Pay
  • Parenting Payment
  • Partner Allowance
  • Pension Bonus Scheme
  • Pensioner Education Supplement
  • Remote Area Allowance
  • Special Benefit
  • Widow Allowance
  • Youth Allowance

There are even more specific types Centrelink payments used for other purposes.

However, not all of these may be accepted as fund sources; Other companies may have more limited options eligible for Centrelink payments. In some instances, the loan will only be eligible if the loan is going to be used for the same purpose as the Centrelink payment, or more vital products and services.

The more generally accepted types of loans are for the following applications:

  • Disabled
  • Students
  • 18 to 24-year-olds with a youth allowance
  • Seniors with local or overseas pensions
  • Carers
  • Families and parents
  • Unemployed and jobseekers
  • Child support and foster care

Advantages and limitations

  • Usual loans start at $500 up to $5000. This is to minimise debt traps and unforeseen issues in completing the loans.
  • No credit checks.
  • Faster online loan applications. Approvals are done within minutes.
  • Zero to low interest for the majority of providers.
  • Some companies will be less lenient with some of the common credit checks and eligibility. A minimum income ceiling or employment requirement may be imposed by some companies.
  • For bigger amounts of more than $5,000, certain conditions will be applied such as collateral or additional income.
  • There may be other fees (establishment fees etc.) in addition to monthly fees.


The main requirement is no more than 50% of your Centrelink payment and the minimum loan prerequisites. It is understood that most applicants in these situations can only commit to certain conditions and will not be in the best financial position.

  • 18 years and old and over
  • Australian permanent resident
  • Must be on a Centrelink payment program
  • Minimum income is more than 50% of the Centrelink income
  • Identification
  • Bank account information
  • Open lines of communication
  • Tax File Number or TFN
  • Marriage Certificate (for family or parent loans)

Where and how to get these loans?

Centrelink payment-based loans are available online. Most applications will be completed in minutes as long as you have the minimal requirements and meet eligibility.

Many other loan and credit services today can accept Centrelink as your source of funding. Make sure to narrow search strings to include “Centrelink payment loans” or “Centrelink accepted”.

Aside from popular online loan and credit offerings are a few alternatives as well. There are loans too from the government and other institutions, with different terms (to be discussed below).

Are there other alternatives?

If common loan companies can’t accept your application, fret not: There are further options to be able to borrow for that emergency cash need. You will just need the minimum requirements.

All these loans may require a specific Centrelink payment; Others will accept general Centrelink payments, while some are offered directly from Centrelink. There will be different terms applied from loan companies and other credit lenders, so pay attention to the details:

  • Centrelink cash advance:
    You can get a part of your income support or Family Tax Benefit as a cash advance. You can pay it later with the same Centrelink payments broken up into 13 fortnightly payments. Apply directly online at Centrelink’s website to check all details.
  • Unsecured personal loans:
    Some loan companies offer smaller unsecured personal loans, with different minimum interest rates. Make sure to review these terms before committing as there may be clauses or additional fees involved.
  • No-interest loan scheme or NILS:
    Offered by the government at not extra cost or interest. This is geared more towards important daily needs, healthcare, car repairs, household needs, and other emergencies. Requirements are:
    • Pension or healthcare cards from Centrelink
    • At least more than 3 months living in the current address
    • Proof and commitment in paying the loan within 12 or 18-month periods
  • Pension loans:
    Senior citizens can apply for a pension loan up to 1.5 times the maximum payment of the pension fortnightly. Once approved, you will receive the amounts per fortnight in a set amount until the loan amount you applied for is completed. The current annual interest rate will be 4.5%.
  • Concession Cards:
    Certain Centrelink payment receivers are eligible to receive concession and healthcare cards. These cards can be applied to healthcare, medicine, utilities, important daily needs, and other related expenses. Many institutions accept concession cards to provide lower rates and prices that can ease many daily expenses for cardholders. Each state has different concession benefits, so please confirm first upon applying.

Loans and grants for members of the Australian Forces

The government recognises the needs of currently income-reduced serving members. The following are the zero-interest loan and grant assistance schemes:

  • Defence Force Income Support Allowance (DFISA): Defense Forces employees can receive this support allowance to add to their current income. You would need to meet some requirements and eligibility which puts you on the program.
  • You can also apply for loans from the Army Relief and Trust Fund (ARTF) for up to $5,000, as well as hardship grants of up to $2,500.
  • The Royal Australian Navy Relief Trust Fund can extend loan help of up to $7,000 as well as non-refundable grants.
  • There is also a Royal Australian Air Force Welfare Trust Fund open for loans and grants under the Air Force service. Online applications are accepted.