Centrelink Loans
We could help get your Centrelink loan application approved, quickly and easily - apply with no extra marks on your credit file!
We could help get your car loan application* approved1, quickly and easily - with no extra marks on your credit file!
Also check out car loans for pensioners.
For car repairs and other personal loans on benefits up to $60,0001, see our Centrelink loans page.
Home loans on Centrelink are also possible1, up to $2,000,000 even with bad credit, arrears or defaults.
* Rapid Finance is not affiliated with Services Australia, but may be able to assist those receiving Centrelink benefits.
1 - Approval is subject to an applicant's overall profile. Your application will undergo a credit check, but only at the final stage, if we have found a lender looking to accept your application.
A Centrelink car loan is a vehicle finance option for people who receive government benefit payments as part or all of their income. It’s designed to help eligible applicants buy a new or used car, even if they’ve been declined by banks or mainstream lenders.
At Rapid Finance, we specialise in helping people in difficult situations—whether you're on Centrelink, self-employed, working part-time, or have had credit issues in the past. We consider a range of factors, including your benefit type, financial stability, and ability to repay, not just your credit score.
You may qualify even if your income is mainly from Centrelink, provided your expenses are manageable and your loan is affordable.
With over 20 years of experience, Rapid Finance works to match you with lenders who understand your circumstances—so you can find a car loan that suits your needs and budget.
Getting a car while on benefits? It's not only possible; it may be easier than you think! At Rapid Finance, we get it. Not everyone's situation fits the typical mould, and that's okay. We're here to help you get that car you've been dreaming of, no matter where your income comes from.
Our team knows that benefits like Family Tax Benefits, Parenting Payments, and the Aged Pension are real and important income sources for many Aussies. We've been doing this for over 20 years, helping thousands of people just like you get car loan applications approved, when on Centrelink.
All you need to do is complete the short form at the top of this page, give us a few personal details, tell us what money's coming in, and a quick look at your bank statements and Centrelink Income Statements.
Following that, usually, in just a day or two, we can give you an answer and confirm any loan pre-approval amount. After that, you can get started looking for your next new car or used car.
So, don't let anything hold you back. With a friendly team like Rapid Finance by your side, getting into the driver's seat is closer than you think.
This is a specialised type of car loan tailored for individuals who receive benefits from Services Australia. Rapid Finance understands that traditional banks or mainstream lenders are unlikely to consider benefits as a reliable form of income. Therefore, we offer tailored financing solutions for recipients of qualifying benefits to help them finance their dream car, bike or boat etc... Even if you have bad credit concerns, we may be able to assist and get your loan approved.
Yes, it really is possible! Rapid Finance has over 20 years of experience in assisting borrowers who receive Centrelink payments obtain vehicle finance. While some benefits are accepted for car loans, our dedicated finance professionals are here to help guide you through the process.
Learn more in our guide, Can I get a loan if I'm on Centrelink.
Yes, that is possible with a personal loan on Centrelink. As a personal loan, the funds from the loan can be transferred directly to your account, up to $30,000 or more in some cases. Many loan purposes can be considered besides car repairs, such as emergency bills or expenses, rental bonds, home improvements or holidays for example.
Eligibility largely depends on the type of benefit you receive. At Rapid Finance, we generally accept individuals receiving Family Tax Benefits, Parenting Payments, Disability Pension/DSP, Aged Pension, and Carer's Pension. However, other criteria, such as your credit history and affordability, will also be considered.
Benefits Accepted:
Benefits Not Accepted:
We usually accept Family Tax Benefits, Parenting Payments, Disability Pension/DSP, Aged Pension, and Carer's Pension - see our pensioner car loans page for details. Unfortunately, Youth Allowance and Newstart Allowance are not accepted for a loan with us.
At Rapid Finance, we currently do not accept applications from those on Youth Allowance or Newstart Allowance for car loans.
If you qualify, you could borrow $10,000 and up to $200,000 with Rapid Finance for your car loan. However, the exact amount will depend on your affordability and individual circumstances. If 100% of your income is from Centrelink, then the amount you could borrow would be adjusted in consideration to affordable repayments. If you're looking to borrow a small amount, under $10,000, we can refer your application to an approved partner.
To review your loan affordability, see our cal loan calculator, where you can review your weekly, fortnightly or monthly repayments to determine how much you could safely afford to borrow towards your car or other vehicle.
While being on benefits can sometimes equate to unemployment, it's essential to note that not all benefits are treated the same. If you receive one of the accepted government benefits, like the Disability Pension/DSP or Aged Pension, you might be eligible. Centrelink payments can be considered in the same way as other sources of income. Our team at Rapid Finance is here to assist and understand your unique situation.
Yes, you could, depending on your other circumstances! Rapid Finance specialises in assisting those who may have had a bad credit history in the past, get access to car loans with bad credit. We even offer a free credit check report without leaving a mark on your credit file. Our goal is to help you improve your credit profile over time.
Another option to consider, which is not a car loan, is a rent to own car agreement. This avoids the issues often experienced by people on benefits, as no credit check is often required. The vehicle is leased to the customer, over the rental period, with the option to purchase the vehicle, if the customer chooses, at the end of the rental agreement.
Absolutely. At Rapid Finance, we consider certain benefits as part of your income, making it possible for you to secure a car loan. While not all lenders will consider these payments towards your income, we have partnered with a range of lenders who are willing to accept many benefits as income.
As well as car loans, your benefits' income could be considered for a home loan on Centrelink or a personal loan on Centrelink.
Our application process is straightforward and can be completed in a few minutes. Typically, after we have received all the information we need, you can expect an approval decision within 24 to 48 hours, ensuring that you're not left waiting.
Yes, it could! By securing a car loan through Rapid Finance and making your repayments on time, you could demonstrate your financial responsibility, which can positively impact your credit rating. Moreover, our team can work with you and provide guidance on improving your credit profile over time.
Check your eligibility. See our basic qualifying asset finance criteria below¹
| Description | Typical Cost* | When It Applies |
|---|---|---|
|
Rapid Finance Costs & Charges
|
||
| Financial Assessment | Free | Enquiry |
| Credit Check Review | Free | Enquiry |
| Assessment of Supporting Documents | Free | Enquiry |
| Broker Fee | Variable | On settlement |
| Application Fee | Variable | On settlement |
|
Lender Costs & Charges
|
||
| Lender Application Fee | $295 – $995 | Added to the loan |
| Risk Fee | Variable (up to 10% of loan amount) | Added to the loan |
| Monthly Account Fee | $10 – $30 | Monthly |
*Typical costs vary depending on lender, loan amount, asset type, and your individual circumstances.
All fees and charges are valid as at 25/01/2026 and subject to change
While every effort is made to be as accurate as possible, there are a lot of factors involved due to the number of lenders on our panel. We will provide the applicant with a detailed quote and credit proposal disclosure on their individual circumstances before providing credit assistance
We could help get your Centrelink loan application approved, quickly and easily - apply with no extra marks on your credit file!
We could help you with a bad credit car loan. Get your second chance car loan with the help of Rapid Finance.
So how do you go about obtaining car finance to remedy your circumstance if you’re on Centrelink? Where there’s a will, there’s a way.
Yes, it is possible to get a home loan on Centrelink. As experts in alternative home finance, we could help get your application approved with affordable terms.
If you're applying for a car loan on Centrelink, your potential lender will require a Centrelink Income Statement. It could save you both time & stress to know what this document is & how to access it before beginning your application.
Can you get a loan if you're on Centrelink payments? Forget what you might have heard - the real answer might surprise you.