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Pensioner Loans

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Need low income loans for pensioners? Get cash now! Champion Loans help Centrelink customers with fast cash loans for pensioners up to $5000.  
 
We provide pensioner loans for low income to buy cars, move house, pay unexpected bills, cover extra school costs – if you need money quick we have a loan to suit. 

Unlike other lenders we believe pensioners deserve a chance. We understand that it can be tough to manage on a Centrelink pension and sometimes you just need a little help.  

Our cash loans are affordable, with payments tailored to fit your budget. We’ll deliver a fast approval so you can get on with your life, stress free.  

We love helping people which is why we also provide personal loans for Centrelink customers with bad credit history.

If you’re receiving a Centrelink aged pension, single parent pension, disability pension or carer’s pension then Champion Loans is here for you.  

We've been helping pensioners with easy low income loans for over 20 years! 
 

Am I eligible?

Our criteria is simple, to apply for any of our fast cash loans you'll need to be

  • Over 18 years old
  • An Australian Resident
  • Be receiving a regular income - wages, self employed, Centrelink pension

Unfortunately we're unable to help if your only income is Newstart, Youth Allowance or Austudy.
 

What about low income loans for Centrelink customers with bad credit?

Looking for personal laons for pensioners with bad credit and are worried you won't qualify for a loan? Don't be. 

Here at Champion Loans Maroochydore, we take a flexible approach for all customers. We understand people go through ups and downs in life and sometimes this can affect your credit history often leading to bad credit. By looking at many factors of your current financial situation we don't have to reply on your credit history alone. If you have a bad credit such as a default or been through bankruptcy in the past, you're still eligible to apply to get a loan. 

You're also welcome to contact your personal loan officer to discuss your situation. 
 

I'm a disability pensioner, can I apply?

Yes! If you're a first-time customer and receiving a Centrelink disability pension you're eligible to apply for disability loans up to $5000. 
 

How do I apply for a pensioner loan?

Applying for our easy approval online pensioner loans is, well, easy - complete our application form in minutes. 

We'll provide a simple online system to submit your bank statements and identification. You can also email in documents if you prefer. 

While we can't guarantee we will provide same day cash loans for pensioners, we will  have an answer for you very quickly. Signing your contracts is just a click of a  button and can be done on phone or computer. 

Have more questions about easy low income loans for pensioners? Get in touch by calling  07 5452 7400 or via our contact page. 

 

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Terms & Conditions 

  • Minimum repayment period is 5 months. Maximum repayment period is 5 years. 

  • Nominal Annual Percentage Rate of interest charged as defined by S.153 of the National Credit Code:

  • Minimum 12.00%  Maximum 48.00%

  • Example 1: Principal $1000, Establishment Fee $200 (20% of principal as per NCCP Act), Total Monthly Fees $240 (4% of principal as per NCCP Act), Total Cost $1440. Comparison Rate 

  • Example 2: Principal $2500, Establishment Fee $400, Total cost including interest $3657 (based on 25% interest over 2 years). Comparison Rate 37.86%. 

  • WARNING: This comparison rate is true 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. 

  • Champion Loans does not offer $2500 loans over 2 year

?older couple sitting on floor laughing have disability pensioner loans to pay off

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Calculate your repayments 

Step 1: Select Loan Amount
 
Loan Information:
  • $The maximum you will be charged is a flat 20% Establishment fee and a flat 4% Monthly Fee with a comparison rate of 132.23% p.a. This comparison rate is based on a small amount credit contract of $700 repaid over 12 months with an establishment fee of 20% any monthly fees of 4%.
  • $The above repayment is based on an interest rate of 48.00% and establishment fee of $400.
    Comparison Rate: 69.38% p.a. This comparison rate is based on a loan for an amount of $2500 over 2 years and a $400 establishment fee .
  • $The above repayment is based on an interest reate of 48.00% and establishment fee of $0.00.
    Comparison Rate: 48.00% p.a. This comparison rate is based on a loan for an amount of $2500 over 2 years and a $400 establishment fee.
  • $The above repayment is based on an interest rate of 23.00% and establishment fee of $800.
    Comparison Rate: 38.59% p.a. This comparison rate is based on a loan for an amount of $6000 over 2 years and an $800 establishment fee .
  • $The above repayment is based on an interest rate of 21.00% and establishment fee of $800.
    Comparison Rate: 28.92% p.a. This comparison rate is based on a loan for an amount of $8000 over 3 years and an $800 establishment fee .
  • $The above repayment is based on an interest rate of 18.9 % and establishment fee of $800.
    Comparison Rate: 25.05% p.a. This comparison rate is based on a loan for an amount of $10,000 over 3 years and an $800 establishment fee .

WARNING: This comparison rate is true 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.

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