Centrelink benefits and car loans: How we helped Amelia.

About Amelia

Amelia needed a new car to meet the demands of her family.

Amelia is a single mum with a financial situation that isn’t exactly straight forward – she receives benefits from Centrelink and works as much as she can at her casual retail job. In between, there are four children to raise – a challenge for any parent.

Her old car is fast becoming inadequate for her needs. She needs something that can handle the demands of a growing family, and begins looking for finance for an SUV. But there's another problem: bad credit. Specifically, there's a car loan that was originally taken out with her old partner that remains unpaid.

Even though she and her old partner went separate ways, she still carries around a bad credit history from this default. When combined with her casual employment and Centrelink, lenders flatly refused to consider her application for car finance. So she applied with Rapid Finance instead.






Supplemented by Centrelink

Past Credit History

Previous unpaid car loan

How we helped

We presented Amelia's application to two lenders and gave her finance options.

  • Step 1

    We could demonstrate that Amelia's employment was stable and ongoing.

  • Step 2

    We showed that, given her situation, Amelia was working as much as she could.

  • Step 3

    We negotiated with two lenders to give Amelia two finance options.

The outcome

Amelia got two loan options for an SUV

One lender was willing to approve if she organised a payment arrangement for her past default while another would accept if she offered a deposit from genuine savings.

With our help, Amelia purchased an SUV suitable for her family. How could we help you?
Apply for finance today

Other People That Rapid Has Helped

Please Note:
These case studies are based on actual outcomes we have achieved for real people. Their names and photographs have been changed.