Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months receiving a rate of 10.48% (12.56% Comparison Rate). A borrower with an excellent credit history can expect to pay a total of $12,054.24. WARNING: This comparison rate is valid 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 with the lender that finances your loan. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 12.56% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 10.48% (12.56% comparison rate) with a maximum of 24% (41.50% comparison rate). The minimum loan term is 12 months and the maximum loan term is 36 months. For more details and examples visit our rates and fees page.

Looking for no credit check loans for Centrelink recipients?

If you’re on Centrelink and your credit rating is less than perfect, you might’ve struggled to get approved for finance in the past. You may have even been googling ‘no credit check loans guaranteed Australia Centrelink’ and hoping for the best. The truth is, having a poor credit score and being on Centrelink can be seen as a huge red flag to a lot of traditional lenders, such as banks and credit unions.

At Jacaranda, we are committed to giving everyone a fair go at accessing personal loans. What does that mean? Although we cannot offer no credit check loans, we can offer loans to people with bad credit and to Centrelink recipients. That’s right! We’re the lender with a difference. Read on to find out more about our personal loans from $2,500 to $15,000.

No credit check loans guaranteed in Australia with Centrelink

No credit check loans: Do they exist?

To break it down, Jacaranda cannot provide ‘no credit checks loans guaranteed Australia Centrelink.’ This is simply because we will always conduct a credit check when assessing your loan application. This is part of our commitment to responsible lending. However, unlike traditional lenders like banks or credit unions, we may reject your application based on other factors although this may be attributed to your credit score.

We understand that the reason you may be searching for these types of loans is because you have bad credit. You’ll be glad to know that we look at more than just your credit score when assessing your loan application. Instead we prefer to look at your bank statements. This allows our assessment specialists to assess your income, spending habits, and relationship with money to determine if you can comfortably afford the repayments on a loan.

Can I apply if I receive Centrelink?

The short answer is yes! It can be hard to get approved for a loan from a bank or credit union if you’re on Centrelink. But Jacaranda Finance prefers to have a fresh approach when it comes to Centrelink. We can treat certain types of government benefits as a regular form of income. So, as long as you’ve been receiving regular Centrelink benefits for the last 90 days into a personal bank account, you’re eligible to apply. All you need to do is scroll up to the top of the page to begin your application.

Unfortunately, Jacaranda Finance cannot guarantee approval to all Centrelink recipients. For example, we cannot accept Newstart and Youth Allowance payments either as these are only temporary benefits.

No credit check loans guaranteed in Australia with Centrelink

What loans do we offer?

Jacaranda cannot offer no credit check loans guaranteed Australia Centrelink, however we can offer bad credit loans to Centrelink recipients. If this is what you’re after, there are 3 types of personal loans you can apply for with us. These are:

Loan Type Secured Options Loan amount Loan term
Medium Loan Secured or Unsecured $2,500 to $4,600 12 to 24 months
Large Loan Secured or Unsecured $5,000 to $15,000 12 to 24 months

For information on our interest rates and fees, head over to our costs page. Alternatively, for more general information on personal loan interest rates, visit the Moneysmart website.

Am I eligible to apply?

We cannot provide no credit check loans guaranteed Australia Centrelink. However, we provide personal loans to a wide range of people. As our commitment to responsible lending we have a set of simple criteria you will have to meet in order to be eligible for our online personal loans. To apply you need to:

  • Be 18 years of age or older;
  • Hold Australian citizenship or permanent residency;
  • Have an active mobile number and email address;
  • Be receiving a regular income into a personal bank account for the last 90 days;
  • Have internet banking set up.

That’s it! Do you meet all five of the eligibility requirements? If so, you can scroll up to the top of this page to apply now.

What documents will I need?

At Jacaranda, we won’t make you jump through hoops when applying for our online personal loans. We just need a few simple personal and financial details. We recommend having the following details handy before applying so you can breeze through the application process:

  • Personal info (name, D.O.B etc);
  • The reason for your loan;
  • Internet banking details;
  • Your MyGov details (if you receive Centrelink benefits);
  • Employment details and employer contact info.

How do I apply?

Although we don’t provide ‘no credit check loans guaranteed Australia Centrelink’, applying for our bad credit loans is super simple. Just follow these steps:

Step 1: Apply online

Scroll up to the top of this page to find our loan calculator. Select the amount you’d like to borrow and the repayment period and click ‘Apply Now.’ You’ll then be taken to our online application. Fill in the details and then hit ‘Submit.’ This step usually only takes people a few minutes to complete.

Step 2: We’ll assess you

Our team of assessment specialists will then get to work assessing if a personal loan is suitable and affordable to you. If you apply during our regular business hours, you could get an outcome in as little as 60-minutes!2

Step 3: Review and sign your contract

If you’ve been approved for a loan, you’ll be sent an electronic copy of your loan agreement. Read though the terms thoroughly and when you’re happy, simply just e-sign it.

Step 4: Get your cash!

Once we’ve received your signed copy of our contract, a member of our team will transfer your funds. If you have an NPP-enabled bank account, you could have the funds in your account and ready to use in 60-seconds!3

Heard enough?

We know it’s a lot to remember, but applying for one of our personal loans is extremely easy. Even though we cannot provide no credit check loans guaranteed Australia Centrelink, you could still be approved for a loan despite your poor credit score and Centrelink payments.

Submitting an application can take you just a few minutes. We’re 100% online meaning you can apply from the comfort of your own home and get an outcome in 60-minutes2. You have nothing to lose. Scroll up to find our loan calculator and apply now!

2If applied within our standard business hours. 60-minute outcomes are not guaranteed.
3If you have an NPP-enabled bank account.