Centrelink Loans
Receiving Centrelink payments? Cash Train’s Centrelink loans are designed to give people go.
Why get a Centrelink loan with Cash Train?
Easy loan applications
Breathe a sigh of relief knowing you can apply online in just minutes.
Fast approval process
We value people’s time. Expect a quick decision regarding your loan application.
Responsible lenders
For over 20 years, Cash Train has been one of Australia’s leading lenders.
Eligibility requirements
As a responsible lender, we're proud to provide loans our customers can comfortably afford.
To be eligible for a loan, you must:
Existing customers can benefit from a faster borrowing process. As your trust rating improves, you may borrow more money with any subsequent loan - as long as you meet loan payments, the loan meets your requirements and objectives and repay your loan in full, on time and can afford the higher amount.
Our application process
Applying for a Centrelink loan with Cash Train is as simple as 4 easy steps.
Apply online
Submit your application online at any time. All you have to do is answer some simple questions.Get a loan offer
Get a fast conditional loan offer* outlining the terms and total cost of your loan while you wait for final approval.Loan approval
We’ll assess your loan application to give you a fast decision. The outcome will depend on each unique circumstance as we balance speed with responsible lending.Get your money
After we approve your loan, pick up your money from your Branch or get your funds transferred as a lump sum to your nominated bank account within 30 minutes.**What can I use a Centrelink loan for?
Paying one-off costs
Bridge financial gaps with a top-up when you need it most.
Rental bond deposits
Pay your deposit with confidence and secure your dream home.
Moving costs
Say hello to your next chapter with stress-free finance solutions.
Unexpected expenses
Tackle life's surprises with emergency cash loans for Centrelink customers.
Car loans
Cover car repairs and get back on the road sooner.
Definition & Features
Application fee
A fee that is charged when you apply for a personal or cash loan and your loan is approved.
Extra repayments
Extra repayments are made after the establishment of the loan and could help reduce fees and repayment term.
Loan use
The conditions for use of loan. Our loans can not be used for general living expenses such as rental payments or grocery costs.
Loan term
The length of the loan. Generally, shorter loan terms have lower rates and longer loan terms mean lower repayments and higher fees rates.
Rates, fees, and limits
Why our customers love us
Learn why we're one of Australia's trusted lenders.Example loan costs
EXAMPLE: Our Cash Loans incur a 20% Establishment Fee and a 4% monthly fee, based on the amount borrowed. For example, a small loan of $1,000 over 3 months has fees and charges totalling $320 (1 x $200 + 3 x $40), resulting in a total repayment of $1,320. The minimum loan term is 2 months and a maximum of 12 months. An APR (Annual Percentage Rate) does not apply to Cash Loans.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
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Frequently Asked Questions
Can you get a loan on Centrelink?
Cash Train’s primary requirement for a cash loan is proof of income – which includes regular Government benefits like Centrelink payments or the age pension. While this must be confirmed by a Centrelink income statement, Cash Train has helped many people on Centrelink secure a cash loan.
What loans can I get on Centrelink?
If you’re receiving Centrelink payments, you may be eligible for a cash loan or a personal loan with Cash Train. Your loan options will depend on your total income, regular expenses and your ability to make repayments. Each application is assessed on a case-by-case basis to provide prospective borrowers with the best possible outcome.
How to get a loan on Centrelink payments?
Cash Train has a quick and easy online application process that asks a series of questions to determine your suitability for a Centrelink loan.
What's unique about Cash Train's Centrelink loans?
Most lenders will reject individuals receiving Centrelink payments, low-income households or those with a bad credit history on this status alone. However, at Cash Train, we're committed to giving all applicants a go. Unlike many lenders, our team will assess your loan application based on your overall financial position and whether you can comfortably afford to meet your loan repayments.
Can you get a bank loan while on Centrelink?
While this will depend on the applicant’s individual circumstances, most banks will require prospective borrowers to have a stable income from regular work when applying for a loan.