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Centrelink staff tell me that a bequest from … I recommend that investment loans be maintained on an interest-only basis until all non-deductible debts, such as home loans, are paid off.

"It says you’re preapproved for two more loans," she said … income and does not lend to people whose income is from Centrelink or whose bank statements indicate "gambling, excessive borrowing …

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Australia’s first recession in 29 years has financial counsellors busy taking calls from people who have never faced debt …

Home Loans for Pensioners – Letter from Centrelink confirming the status and nature … Both reverse mortgages and line of credit loans allow you to borrow money against the equity in your home. Need home loan help?

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ask if you can receive an advance from Centrelink: Phone: 13 17 94 The Government’s MoneySmart website shows you how small amount loans work and suggests other options that may help you.