Employment, Income and Eligibility

Understand the income, employment and expense factors used in loan eligibility.

• What Expenses Do Lenders Consider When Assessing a Loan?

  Learn which everyday and less frequent expenses lenders may consider when assessing a loan, and why your budget matters as much as your income.

• Does Your Employment Type Affect Loan Eligibility?

  Casual, contract, fixed-term or self-employed? Learn how your employment type may play a part in a loan application, alongside other factors.

• Can You Apply for a Loan During a Probationary Employment Period?

  Starting a new job? Learn how being on probation may be considered when you apply for a loan and what lenders may look at.

• How Long Do You Need to Be Employed Before Applying for a Loan

  Starting a new job can feel like a fresh financial beginning. But what happens if an unexpected expense arises before you have been with your employer for very long?You may be wondering whether you need to complete your probation period or collect several…

• Can Self-Employed Australians Apply for a Personal Loan?

  Working for yourself can provide flexibility and independence, but it can also make some financial applications feel less straightforward. Without regular payslips from an employer, you may wonder whether being self-employed affects your ability to apply for a…

• Can Casual Employees Apply for a Personal Loan?

  Working casually does not automatically stop you applying for a personal loan. Learn how variable hours and pay may be considered.

• What Income Can Be Considered in a Loan Application?

  Learn which types of income lenders may consider in a loan application, including wages, casual earnings and government payments.

• Can You Apply for a Loan While Receiving Centrelink Payments?

  Receiving Centrelink payments does not automatically rule you in or out. Learn how lenders may assess your overall circumstances when you apply.