Due to retirement or unforeseen circumstances like becoming disabled, many seniors are living off of a pension or services like Centrelink. When attempting to meet their needs, pensioners often find it difficult to make major purchases, like that of a vehicle.
Centrelink has many options available for those needing loans. Some of the available options depend on the need and many provide the lower borrowing limits that banks don’t provide. For anyone on Centrelink that find they are in need of loan assistance, they should look into some of the following options. The below options are tailored to help individuals and families access funds for important household needs and emergencies.
As many Australians move into retirement age; one of their major concerns is the rising cost of medical care. According to Private Healthcare Australia; due to the baby boomers hitting 65 in 2011, there will be an unprecedented demand for health services in Australia.
As the cost of living goes up, Australians need to be tactical on how and when they spend their money in order to stretch the value they receive from their hard-earned dollars. One area of constant fluctuation is the pricing of petrol. Fortunately, petrol price cycles are fairly easy to monitor and track. This makes it somewhat easier to pin point which day(s) of the week are cheapest or highest.
One of the most frustrating financial issues pensioners may have, is the ability to qualify for a loan when on Centrelink or having bad credit. Fortunately, there are a range of pensioner loans available. They can include low or no interest loans, with minimal fees. Learn more…