Instant Cash Loan Centrelink
Same day funds up to $5,000
Same day funds up to $5,000
Finder
We approved 320+ loans in the last 24 hours!
If you need money fast for an emergency - it might be to fix your car, your laptop, or your teeth - you may be hesitant to apply for an instant cash loan because you’re receiving Centrelink benefits.
But never fear! Fundo is here to supply Centrelink and other government benefit recipients with $500 to $5,000 in fast and easy loan funding to cover life’s little hiccups. If you have unavoidable expenses that need rapid attention, don’t scroll past Fundo! We have your back.
What do I need for an instant cash loan on Centrelink?
If you are on government benefits - or are working and receiving a mix of Centrelink and work income - you could be eligible for a small cash loan from Fundo. You have to be (as of September 2024)
If that sounds like you, you can apply for a small cash loan through Fundo’s easy to use and super secure dashboard. Using your phone, tablet, or computer, you could be done and dusted in three simple steps! If you have all your ID and Centrelink information on hand, it could be even easier! If you’re approved, you’ll get the cash within 60 seconds from contract acceptance. Yep, it’s just that simple when getting an instant cash loan with Fundo!
Do you need to check my credit? I have bad credit.
If you feel you have bad credit, don’t worry! Fundo bypasses the traditional banking system and their need for mandatory credit checks. We assess your application based on your current financial situation, not what happened before. If you give us your information to the best of your ability, we can make a near-instant decision on your application and we may not need a credit check at all. Once we have approved your loan, all you have to do is sign off on your loan agreement and you’re done! You’ll have the cash transferred into your PayID enabled account within 60 seconds, provided you accept the loan contract.
Don’t delay, apply today. When other banks and lenders say no, Fundo says yes!
Instant Cash Loan Centrelink FAQs
How long do I have to repay my small cash loan?
Repayment periods for small instant cash or payday advance loans ($500 to $2,000) can be as short as 5 weeks to 20 weeks, while for medium loans ($2,001 to $5,000) you have the flexibility to choose terms ranging from 9 weeks to 26 weeks. When you apply, you have the option to select the loan term, which we will then include in your loan agreement. It’s important to keep in mind that opting for shorter loan terms will result in higher repayments, while choosing longer terms will have the opposite effect; though your fees (or interest, depending on the size of the loan) will be higher. Try to strike a good balance between the two.
Is it really possible to get approved in three minutes?
In fact, we draw on cutting-edge financial technology that promotes both security and speed. Our assessment process is designed to be quick and efficient, allowing us to provide you with a decision in just minutes. When you accept your contract and if your bank account has PayID (also known as Osko) enabled, we can transfer the funds to your account just as rapidly. Note that the three minute application is an average - your application may take a little longer - or even shorter!
I’m bankrupt, can I apply?
In most cases, you will not be eligible for credit if you are a recently discharged bankrupt or party to a court agreement around outstanding debt. If you’d like to discuss your particular case, email hello@fundo.com.au or call us on 1800 161 391 between 9am - 6pm Monday to Friday, 9am-5pm on Saturdays or 9am-1pm on Sundays (AEST.) You can also use our live text chat during our office hours.
Safe
and Secure. 5 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 5 min
application²
Safe
and Secure. 5 min
application²
Loan amount from $500 to $2,000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2,001 to $5,000
Minimum 91+ days to maximum 2 years
$400 establishment fee, interest at
47.80% p.a. (comparison rate 66.58% p.a.)5
4 Fees are based on loan principal advanced.
5 Comparison rate is based on an unsecured loan of $2,500 over a term of 2 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Safe
and Secure. 5 min
application²Terms and conditions and fees and charges apply. Approval and loan amount are subject to our credit assessment criteria.
¹As soon as you sign your contract, we instantly send the funds to your nominated bank account. If your bank works with the New Payments Platform (NPP), most customers see funds in their account within 60 seconds. If your bank is not NPP enabled, or its a public holiday, the funds are usually received by the next business day
²Applying for a loan with Fundo usually takes about 5 minutes. However, this time can change based on a few things, such as your typing speed, the device you're using, and whether you have all the necessary information ready to go.
³As the approval process is influenced by various external factors, we can't guarantee that you'll receive a decision on the same day. However, most of our customers do receive a same-day response to their application with Fundo, if they submit their loan application and all the requested supporting information by 4pm Sydney time during a regular business day.
Fundo is an Australian direct lender that offers short-term, small loans without any legal jargon or red tape. Our online loans are designed to provide access to a broad range of qualified applicants, including those with less-than-perfect credit.
Finding small loans with flexible repayment terms is now a reality with Fundo - no need to keep searching for 'Debt Consolidation Loans Bad Credit', 'Personal Loan With Fast Approval', or '24 Hours Cash Loans'. Applying for Fundo loans in the future gets more engaging when you pay off your loans in advance penalty-free while also increasing your chances for approval.
Fundo believes that eligible applicants should be able to get closer to the loans they need. If you've been looking for small cash loans through search terms like 'Instant Approval Loans Need Cash Today', 'Payday Loans No Credit Check', or 'Savvy Loans', then you can stop looking now - let us show you how easy it is to apply for a loan with Fundo.
We typically respond within 2 min or sooner.
I'd like to borrow ($500 - $5000)
