If your income includes Centrelink, access to credit should still be clear and straightforward. MeLoan offers personal loans from $500 to $5,000 with terms of 2 to 6 months and repayments set weekly, fortnightly or monthly. We look at today’s affordability using your income, essential expenses and recent banking, then show the total cost and every repayment date before you accept.
A Straightforward Option When Payments Don’t Stretch
Some bills cannot wait for the next benefit date. A small, scheduled personal loan can help cover essentials without reshuffling every other cost. Applications are completed online, documents uploaded securely, and approved payouts are usually sent the same business day when you accept during business hours. You pick the smallest amount that solves the problem and a timetable that fits your budget.
What Are “Centrelink Loans” and How They Differ from Government Advances
“Centrelink loans” are standard personal loans available to people who receive Centrelink payments. They are different from Services Australia Advance Payments, which draw against your upcoming benefit, and from No Interest Loan Scheme (NILS) options offered by community providers for specific essentials. If an advance or a no‑interest option can cover the bill, check those first. When a personal loan remains the practical path, apply only for an amount you can comfortably repay.
Why Apply with MeLoan
Fast Outcomes During Business Hours
Urgent costs need quick decisions. With complete documents, assessments run promptly during business hours and you will see a clear outcome. After you accept an approved offer, we aim to send the payout the same day so you can move on.
Licensed and Regulated in Australia
Your application is assessed under the National Consumer Credit Protection Act 2009 and the National Credit Code. We hold the required Australian credit licensing and operate under ASIC oversight, so lending stays safe, transparent and within the rules.
Australia-Wide, Fully Online
Apply from any state or territory and complete the process on your phone or desktop. Secure, read‑only banking connections and encrypted uploads keep your information protected from application to final repayment.
Helpful, Local Support from Application to Final Repayment
Questions pop up. Our team can help you understand your offer, move a repayment date if your benefit day changes, or discuss short‑term support if circumstances shift. You will not be left to guess at any step.
Eligibility and Documents
- Eligibility - 18 or over, Australian resident, regular income (including Centrelink), and a transaction account in your name. A credit enquiry may be recorded with Equifax, Experian or illion as part of responsible lending.
- Documents - Government photo ID, recent income proof and the last 90 days of bank statements for your main account. Centrelink statements may be requested to confirm payments.
How to Apply for a Centrelink-Friendly Personal Loan
- Start your application on our secure site and consent to checks.
- Upload identification, recent income proof and 90 days of bank statements.
- MeLoan assesses affordability and, if approved, presents an offer that shows the total cost and every repayment date.
- Accept when ready. We trigger the transfer and set up direct debits on the schedule you choose.
How We Assess Affordability and Use Credit Information
We focus on a practical budget: incoming benefits and wages, essential living costs and existing commitments. Read‑only bank data keeps the assessment accurate and helps align repayment dates to your payment cycle. As part of responsible lending, a credit enquiry may be recorded with a credit reporting body, and recent account conduct carries more weight than an old score.
Approval Timing: What Helps and What Can Slow It Down
Clear ID, full bank statement pages and matching names move fastest. Lodging and accepting during business hours also helps. Delays can arise from unreadable uploads, name mismatches, public holidays or first‑time payee holds at some banks.
Compare Your Options Before You Borrow
Services Australia Advance Payments
An interest‑free advance for eligible recipients. It draws from future benefits and is repaid via your Centrelink payment. Check Services Australia for eligibility and limits.
No Interest Loan Scheme (NILS)
Community providers offer $100 to $2,000 interest‑free for essential goods and services to eligible applicants. If your need fits, this can be the lowest‑cost option.
MeLoan Personal Loan
Where an advance or NILS cannot cover the cost or timing, a small personal loan may suit. You see all costs and dates up front, choose repayments that match your payment cycle and can pay out early without a fee.
Fees, Terms and Early Payout
Amounts range from $500 to $5,000 with terms of 2 to 6 months. Repayments can be weekly, fortnightly or monthly. All fees and any interest are shown before you accept. There is no fee for early payout, and where interest applies it is recalculated to your payout date.
Your Rights and Where to Get Help
If we cannot resolve a complaint together, contact the Australian Financial Complaints Authority on 1800 931 678. For free, confidential financial counselling, call the National Debt Helpline on 1800 007 007. For privacy and data rights, see the Office of the Australian Information Commissioner (oaic.gov.au). Lending is regulated under the National Consumer Credit Protection Act 2009 and the National Credit Code with ASIC oversight.
FAQs About Centrelink Loans
Can I apply if Centrelink is my only income?
Yes. We assess affordability from your current benefits, any other income and recent banking. Approval depends on a schedule that fits your budget.
Will you align repayments to my benefit day?
Yes. Weekly, fortnightly or monthly dates can be set to land after your payment. If your benefit day changes, contact us early and we will adjust.
Do you accept joint bank accounts?
We can, provided you are a named account holder and the application name matches the bank record. Mismatches can delay approval.
What if my payment type or amount changes mid‑loan?
Tell us as soon as it happens. We can review dates and amounts to keep the schedule manageable and discuss short‑term support if needed.
Can I reduce the amount after seeing the offer?
You can request a smaller amount before acceptance. Asking for more may require a quick reassessment to confirm affordability.
Can I use Centrepay to make repayments?
Repayments are by direct debit on the agreed dates. If Centrepay becomes relevant for a specific case, talk to the team and we can explain options.
What if I cannot make a repayment?
Contact us early. Options under the National Credit Code may be available to ease pressure. Late fees can apply if payments are missed.
Will you make a credit enquiry?
A credit enquiry may be recorded with Equifax, Experian or illion as part of responsible lending. Recent account conduct carries the most weight.
Is early payout allowed?
Yes. There is no fee for early payout. Where interest or monthly fees apply, they are recalculated to your payout date, which can reduce the total cost.
Are you affiliated with Centrelink or Services Australia?
No. MeLoan is not part of Centrelink or Services Australia. We assess and fund personal loans independently through our partner CashPal.
