No Credit Check Loans Guaranteed Australia Centrelink

When a big bill comes in that you can’t avoid paying such as an urgent car repair, appliance replacement, or medical invoice, it can be a massive shock - not only to our hip pocket but our headspace. Where will I get such a big sum of money on very short notice? We may have our savings tied up in term deposits, ETFs, or other financial products which we can’t sell off quickly - and are designed for the long-term. We also may be hesitant to put up any of our prized possessions up for collateral or in hock.

If we know we have bad credit, looking for a loan solution is made that much tougher. People with bad credit may be refused a loan by the bank - and you might have to jump through several hoops of questions, document submission, and the third degree by several different bankers or lending specialists. It can be all too hard, especially if you are under stress. If you are on Centrelink benefits, sometimes asking for an advance will simply take too long and disrupt your normal flow of income.

Fundo offers small instant loans with no credit check guaranteed for Australians receiving Centrelink benefits. We offer loans ranging from $500 to $5,000 to customers who may have bad credit or are receiving Centrelink payments, and applying couldn’t be easier using our Fundo Dashboard.

Our Fundo Dashboard is engineered to be as simple as possible to use - our internal data shows that our wonderful customers finish their application within three minutes on average - and if they are approved and agree to their loan contract, they can have the funds in their PayID enabled bank account within 60 seconds.

If a huge bill or urgent expense like immediate travel is bearing down on you, get Fundo on the case - even if you are receiving Centrelink benefits.

Stress less - get an itty bitty loan from Fundo!

Am I eligible for a no credit check loan on Centrelink?

If you are on government benefits or have bad credit (perhaps both) you may have concerns that you will not be able to get a small loan. Where other mainstream lenders say no, Fundo endeavours to help everyone get a loan, if they qualify.

To see if you are eligible, you need to check off the following criteria:

• Being at least 18 years of age
• Be an Australian resident
• Receiving at least $1,000 per fortnight of taxable income, of which government benefits may be included
• Being able to verify this income, if required

If you can tick all these off as well as comfortably pay back the loan on time and in full without any difficulty, you can apply for an instant cash loan without a credit check at Fundo today! Click here to open our Fundo dashboard and you could have $500 to $5,000 funded in a flash!

Remember - honesty is your best policy. You don’t have to be accurate down to the dollar, but we do need to know a complete picture of your financial situation before we can make a decision!

Remember: the information here is general in nature and should not be a substitute for professional financial advice.

No Credit Check Loans Guaranteed Australia Centrelink FAQs

Can you guarantee I won’t need a credit check to get approved for a small loan?

If you can demonstrate you have adequate income and can pay back the loan comfortably, we do not need to proceed with a formal credit inquiry when you apply.

It's a common misconception that every financial product, whether it's your mobile phone postpaid plan or buy now, pay later options, always needs a formal credit check from the lender. Lenders look at various pieces of information to determine if you qualify for a small or medium-sized loan, based on what you share with them. Fundo’s advanced and secure application system will only perform a credit check if you give us your express written consent. We totally get that unexpected credit checks can be stressful, especially when you're in a tough spot. 

However, due to consumer credit protection laws, we cannot categorically guarantee that we can waive a formal credit check in every single case.

What are the repayment terms?

If you need a little extra cash, you can borrow an instant cash loan ranging from $500 to $2,000, with repayment terms between 5 to 20 weeks. For something a bit larger, a medium loan is available from $2,001 to $5,000, with repayment terms of 9 to 26 weeks. Plus, you get to choose how often you want to make your repayments—whether that's weekly, fortnightly, or monthly! You can easily set up direct debit and forget about it or choose to make extra repayments whenever you want—plus, there’s no penalty for paying things off early!

What information do I need to supply to get a small loan?

We kindly request some basic information to better understand your financial situation. This includes details about your sources of income, employment status, living situation, and bank account information. We will also ask for 100 points of Government approved ID. We want to make sure that any loan we approve truly helps you improve your financial situation, so we’ll only move forward when we’re confident it’s the right choice for you.

Can I talk to someone if I need help?

Yes! You can reach us during our staffed office hours Monday to Friday (9:00 a.m. to 6:00 p.m.), Saturday (9:00 a.m. to 5:00 p.m.), or Sunday (9:00 a.m. to 1:00 p.m.). You may call, use our live text chat, or email us and we’ll do our level best to help you and answer any of your questions.