Alternatives to payday loans for Centrelink Customers

Government advance payments 

Have read the information about getting a payday loan when you receive a Centrelink or other government benefit? If so, and think your chances of being approved aren’t very good, there are other options.

The Australian government do in some cases offer advance payments. This is not a Cash Today loan. It is an advance on your Centrelink or other benefit payments that is repaid to the Australian government.

Some of the criteria include:

  1. You have been receiving a government payment for at least 3 months
  2. You have not requested an advance payment in the last 12 months
  3. You do not owe a debt to the Australian government
  4. You can afford to repay the amount within 6 months
  5. You have a MyGov account linked to Centrelink
  6. You know your income and expenses

You can view more information via Services Australia.

If you are experiencing financial hardship and are not eligible for an advance payment from the Australian Government there are other options available. resources

Free financial counselling

Help with paying bills

Urgent financial assistance

Tips for saving up an emergency fund


Looking to apply for a payday loan?

Find out more and see what your chances of being approved are here.