Apply for up to $30,000

You may be eligible¹ for a personal loan if you are over 18 years old, an Australian resident (permanent resident or citizen), and have a minimum income of $480 a week or $2,080 a month, including Centrelink benefits. Even if you have bad credit, your application will still be considered.

Yes, you can apply for a personal loan even if you have bad credit. Money3 considers applications from individuals with less-than-perfect credit histories. See our bad credit loans page to learn more.

Yes, you can apply for a personal loan if you receive Centrelink benefits. Most Centrelink payments, such as the Single Parent Payment, Aged Pension, and Disability Support Pension, are acceptable forms of income. Learn more on our loans on Centrelink page*.

You could borrow¹ up to $30,000 with a personal loan. The exact amount you’re eligible for will depend on your individual circumstances, including your income and credit history.

Personal loans can be used for various purposes, including car repairs, medical expenses, holidays, weddings, rental bonds, home improvements, and more.

Approval for a personal loan typically takes 24 to 48 hours after you submit all the required information.

The interest rate for your personal loan will be fixed, ensuring that your repayments remain consistent throughout the loan term.

Yes, you can repay your personal loan early without any penalties.

Applying for a personal loan may have a small impact on your credit score due to the credit inquiry. The credit enquiry is usually done as a final check, before we can approve your loan. Consistently making repayments on time can positively affect your credit score over time.

If you miss a repayment, it’s important to contact Member Support as soon as possible to discuss your options. 

Repayments are typically made via direct debit from your bank account.

If you have any questions during the application process, you can contact Money3’s customer support via phone, email, or online chat. They are available to assist you from 9 am to 5:30 pm EST, Monday to Friday.