Loans for Disability Pension Recipients

Can I get a loan if I am on a centrelink disability pension?

Yes. The Cash Direct Disability Pension Eligible Loan is for people who have qualified for a disability benefit from Centrelink. They may be living with a carer or parents who also offer financial and other support. If you earn > 50% of your income from Centrelink, your total loan repayments can not exceed 10% of your total income.

If you’d like to estimate repayments for a Medical Loan, try our Medical Loan Calculator.

The Centrelink Disability Support Pension, or DSP, provides payments if you have a permanent physical, intellectual or psychiatric condition which stops you from working.

You may be eligible for the Disability Support Pension if you meet both:

• Non-medical rules
• Medical rules.

You can access more information about the Disability Support Pension here

Not everyone with a disability or mental health condition is eligible for the Disability Pension. If you are not you might be eligible for other payments which can be found here.

Our Centrelink Disability Pensioner loan allows customers to borrow between $200 and $3,000 over a 1 to 12 month period. They suit those who don’t need to borrow a lot and prefer flexible repayment terms from 1 to 12 months. They are designed to get you out of a tough spot if needed for example; if you have an unexpected bill, medical expenses, need new disability support equipment or even for vet fees for your pet.