Instant cash loans on Centrelink
If you’re looking for a small loan to cover unexpected expenses such as medical costs, car repairs or appliance replacements, you’ve come to the right place.
At Savvy, we’re here to help customers on Centrelink benefits get approved for the financing they need quickly and easily. We partner with flexible lenders who can work with your personal financial situation, regardless of your government payments or credit score. Best of all, you can get approved and have the money sent to you as quickly as 60 minutes. Get started with your application now through Savvy and have your expenses covered today.
Features and benefits of instant cash loan
Amounts are available for as little as $300 all the way up to $5,000, making them appropriate for a variety of uses and expenses.
We work with a wide range of income streams, whether that be employment and benefit income or up to 100% Centrelink-based.
With an outcome in 60 seconds and same-day transfer of funds (as quickly as one hour), you can get on top of your expenses fast.
As part of your loan, you can set your repayment time between 16 days and two years to suit your income needs and keep your loan manageable.
You can be certain that your repayments will stay the same from month to month, as they’re based on fixed fees and don’t rely on interest.
You don’t have to worry about mailing or handing in any physical documents when applying, as the whole process is conducted over the internet.
Why choose Savvy for your instant loan?
What types of Centrelink benefits do you consider?
There are a whole range of different types of benefits that can be included as part of your total annual income when applying for an instant cash loan. These include:
- Aged Pension
- Disability Support (NDIS) Pension
- Veterans’ Affairs Pension
- Carer Payments
- Parenting Payment
- Child Care Subsidy
- Family Tax Benefits A and B
- JobSeeker payments (when supplementing Family Tax Benefits)
However, it’s important to be mindful of the fact that not all Centrelink income streams are accepted. If you receive the following, these will not be counted towards your total annual income when applying for an instant cash loan:
- JobSeeker payments (in other circumstances)
- Youth Allowance
The reason that these aren’t accepted in the same way that other forms of Centrelink payments are is that they’re not considered stable income. These are conditional based upon being in a certain employment or study position, which could change. For example, JobSeeker applies to people who are unemployed and looking for a job, with recipients becoming ineligible to receive it once they find employment.
Similarly, Youth Allowance has an age cap and is (in some cases) contingent on looking for work. This means that recipients of these payments could feasibly lose an income stream after taking on their loan if it were accepted.
How to apply for your instant cash loan with Savvy
Complete our application form
By telling us on the above slider how much money you need and what you need it for, you can get your application started. This is primarily for us to find out about your income and employment situation, which has the most bearing on whether you’re able to receive the loan. This only takes a few minutes to complete.