Instant Centrelink Loans
Same day funds up to $5,000
Same day funds up to $5,000
In need of instant Centrelink loans? If you’re receiving Centrelink benefits and need access to fast cash, Fundo offers small loans starting from $500. Our fast online application process is designed to accommodate a variety of income sources, including Centrelink payments, ensuring you can access the funds you need with ease.
Can I get instant loans while receiving Centrelink payments?
Yes, if you’re receiving Centrelink payments, Fundo’s small loans are designed to offer quick and reliable financial support. Fundo understands that those on Centrelink benefits may need access to funds for unexpected expenses, such as medical emergencies or urgent repairs. Our loans start from $500, and the application process is quick and simple. If approved, you could receive your funds on the same day or by the next business day, depending on banking hours and processing times.
We ensure that your Centrelink income is considered during the loan assessment process, allowing us to provide flexible financial solutions tailored to your needs.
How do I get an instant loan on Centrelink?
At Fundo, getting an instant loan while receiving Centrelink benefits is straightforward. Here’s how the process works:
Our process is designed to provide fast and transparent service, ensuring that you receive the support you need when you need it most.
FAQs
Can I apply for an instant loan if Centrelink is my only income?
Yes, you can still apply for a loan as long as your total income, including Centrelink payments, meets the $1,000 per fortnight requirement.
How quickly will I receive the loan?
If your loan application is approved during business hours, you may receive the funds the same day or by the next business day.
What can I use my Centrelink loan for?
You can use the loan for urgent financial needs, such as medical bills, home repairs, or any unexpected expenses.
Will applying for a loan affect my Centrelink payments?
Applying for a loan does not affect your Centrelink payments. However, it’s essential to ensure that taking on a loan will not cause financial hardship.
Are there hidden fees associated with Fundo loans?
No, Fundo is committed to transparency, and there are no hidden fees in our loans. All terms are clearly outlined upfront.
Safe
and Secure. 3 min
application²
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Robert D.
Safe
and Secure. 3 min
application²
Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
Safe
and Secure. 3 min
application²
Loan amount from $500 to $2000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2001 to $5000
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 The comparison rate is specific to a $2,500 loan over a two-year term with a $400 establishment fee and fortnightly repayments. Any deviation in loan amount, term, or additional fees and charges can result in a different comparison rate, and the given comparison rate only applies to the presented example.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Safe
and Secure. 3 min
application²¹As soon as you sign your contract and if all other requirements have been met, 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 it is a weekend or a public holiday, the funds are usually received by the next business day. Fundo cannot guarantee that loan funds will be received within 60 seconds
²Applying for a loan with Fundo usually takes about 3 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.
We typically respond within 2 min or sooner.
I'd like to borrow ($500 - $5000)
