Yes. Single parents can get a range of payday loans over flexible terms. These loans are often sought in case of an emergency or sudden shortage of cash.
Single parents are eligible for additional features like custom debit solutions and returning rewards that can significantly lower the term specific interest rates.
Yes. In majority of cases, you will still be eligible to get a payday loan of minimum limit – irrespective of your credit score and history.
Single mothers are eligible for up to 20% rebate in the term interest rate – provided that the reason for seeking a payday loan is a medical emergency involving yourself or your child.
Just like single mothers, single fathers are eligible to receive up to 20% rebate in the term interest rest when the loan is sought in cases of medical emergencies.
Payday loans are usually short term and short principal loans. Thus, payday loans cannot be compared to standard education loans as education loans are termed over years, if not decades. However, in cases when you are certain that a small loan can fulfil your present requirements, you can find a number of suitable payday loans.
In most cases, yes, you can. Being a Centrelink beneficiary (retirement benefits and disability pensions, to name a few) in itself won’t disqualify you from getting a payday loan.
Payday loans to single parents with Centrelink benefits are approved on a case-by-case basis. Other factors like additional income streams, overall financial health and the reason behind the need for a payday loan are also considered.