Loans for Pensioners

In need of cash now? Let Cigno help you find a solution.

Pensioner Friendly Loans

Have you got unexpected medical costs or are your latest bills higher than you anticipated? Do you need to move house, buy a car, or make another significant purchase? A pensioner loan could be the answer to your financial situation.

Through our network, we are able to find suitable finance solutions for Centrelink pensioners…

Cigno believes everyone should have access to assistance, regardless of age or circumstance

Types of Pension

To be eligible for the aged pension, you need to be 66+, an Australia resident (for at least 10 years), and meet the income/asset tests.

Centrelink provides a range of welfare payments for retirees, unemployed people, people with disabilities, and more.

This financial aid is for people who cannot work due to permanent physical, psychiatric or intellectual conditions. You must meet certain medical and non-medical criteria to be eligible for DSP.

Why Choose Cigno?

We use our vast experience in the finance industry to find a solution for everyone, No matter what circumstances we will do our best to help.

Cigno maintains a 24/7 online platform so we can help you find a solution that suits your needs anytime!

Our quick and easy process makes it easy to sort your finances with a solution to suit your situation and get back on with your life.

Loans for Centrelink Pensioners

Some financial institutions do not consider Centrelink payments as a source of income and won’t consider your application. If you are on a pension, it can be frustrating to find a lender who will help. This is why loans for Centrelink pensioners can sometimes be frustrating to find. We use our vast experience in the finance industry to find a solution for everyone, including Centrelink pensioner loans.

Loans for Pensioners with Bad Credit

If you receive a Centrelink pension and already have a poor credit score, you may have experienced judgment and rejection from banks when applying for a loan. At Cigno, we believe that everyone should have access to a financial solution regardless of past credit history. Click the button below to see if we can find a suitable pensioner with bad credit loan solution.

Find a Provider for a Pensioner Loan Solution Today.


For more information, check out our FAQ’s.


Ordered by the Federal Court of Australia

The Federal Court of Australia has found that Cigno Australia Pty Ltd (Cigno Australia) and BSF Solutions Pty Ltd (BSF Solutions) have breached the law by engaging in unlicensed credit activity and charging prohibited fees.

In the period from July 2022 to 3 October 2023, over 100,000 consumers have been lent a total of $34 million, and charged fees of over $70 million, under the ‘No Upfront Charge Loan Model’ operated by BSF Solutions and Cigno Australia. At no time has either BSF Solutions or Cigno Australia held an Australian Credit Licence.

The Court also found that Mark Swanepoel (director of Cigno Australia) and Brenton James Harrison (director of BSF Solutions) were involved in these breaches of the law.

With effect from 24 May 2024, the Court has granted permanent injunctions preventing Cigno Australia and BSF Solutions from:

  • demanding, receiving or accepting fees or charges, including amounts of loan principal, from consumers in relation to credit provided under the ‘No Upfront Charge Model’; and
  • engaging in further credit activity pursuant to the ‘No Upfront Charge Loan Model’, including by entering into new agreements with consumers, for so long as they do not hold an Australian Credit Licence.

Cigno Australia was ordered by the Court to, by 5th July 2024, send written communications to consumers who between July 2022 and December 2022 entered into agreements with Cigno Australia and BSF Solutions under the ‘No Upfront Charge Loan Model’.

The Court will later determine whether (among other things) Cigno Australia and Mark Swanepoel ought to pay a pecuniary penalty in respect of this conduct, and whether Mark Swanepoel should be restrained from carrying on a business engaging in credit activity.

Cigno Australia, BSF Solutions, Mr Swanepoel and Mr Harrison intend to appeal the decision of the Court and have filed an application for leave to appeal. If the appeal is successful, some or all of the orders of the Federal Court of Australia may be set aside.

Where can you get more information?

Where to go for further support

You can access legal advice in your state at: Free legal advice –

If you are experiencing trouble with debt, or money worries in general, contact:

  • the National Debt Helpline on 1800 007 007 or online chat (9:30am to 4.30pm, Monday to Friday).

If you need someone to talk to, contact:

  • Lifeline on 13 11 14 (24 hours) or their crisis support online chat or
  • Beyond Blue on 1300 22 46 36 (24 hours) or their webchat