Applying For A Centrelink Loan?
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CashPal TeamLast updated 16 August 2022
Can I apply for a loan on Centrelink payments?
Important:“Centrelink loans” is a very common search term online. CashPal does not provide loans for or on behalf of Centrelink and has no relation to Centrelink whatsoever. Some of the lenders CashPal works with may be able to assist if you receive Centrelink as a form of income.
You can still apply for a cash loan through CashPal while receiving Centrelink payments. If Centrelink is your main income source, some of our lenders assess your application like any other — as long as you fulfil the eligibility requirements:
- You need to be 18 years old or over
- You have been paid a regular income into a personal bank account for at least the past 90 days (Centrelink counts)
- You are an Australian citizen or have permanent residency
- You have a direct contact phone number and email address
Read before applying: if you are a Centrelink customer, Centrelink offers interest-free loans and cash advances to its clients. Contact Centrelink directly and ask how they can help before applying for any loan, as most online loans carry high interest rates, fees and charges — visit myGov to find out more.

Speed, costs and repayments
We do our best to match you with an instant cash loan the same day — some call these same day loans. Apply within business hours and the process can be completed within 60 minutes; cash could arrive within the hour if you bank with the same institution as your lender, or the next business day otherwise. Your lender will only approve the loan if they believe you can repay it comfortably.
Costs depend on the lender we match you with — read your contract thoroughly for all relevant costs. Repayments run by automated direct debit on the agreed basis; keep the correct amount in your account so payments don’t bounce (dishonour fees are outlined in your contract), and contact your lender early if you expect trouble making a payment. The application process is 100% online — quick assessment in minutes, matched with a lender, no obligation to accept, and funds sent straight to you once you do.

Need a loan that fits your situation?
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