Need some quick cash to help you get by between jobs? Been turned away from every financial institution you approach because you do not meet their criteria?
The good news is Cigno can help! At Cigno, we work with lenders who will look at your full financial story – not just whether you’ve got a 9-5 job right now. We will act as your agent to assist you to apply and get approved for a cash loan up to $1000 fast. Cigno can help you obtain a successful outcome on your application even if you are unemployed and it will not hurt your credit file.
Our team works quickly to find a financial solution that suits you. Get in contact with us now to find how we can help you.
Loans for unemployment exist to help people who need access to fast money but are currently without work and are therefore having trouble getting approved by mainstream lenders. Many banks and other lenders require employment as part of their qualifying criteria.
Cigno can act as your agent to help you apply for a loan of up to $1000 from a lender who does not require employment as part of its criteria. Cash loans for unemployed people are transferred rapidly with loan funds typically in your account on the same day, helping you pay for urgent or unforeseen expenses now and paying back the debt later
The benefits of applying for a cash loan for unemployed people with Cigno include:
When you’re out of work, a large loan won’t usually be suitable. It’s more likely that a small loan with manageable repayments is what will help you get by until you find a new job. Cigno can act as your agent to assist you to apply for small loans up to $1,000.
The big banks will not usually consider your benefit payments as a source of income, so they are less likely to approve you for a loan. However, there are many lenders that accept Centrelink payments as a source of income. Cigno will optimise your application to ensure the best chance of a positive outcome.
You might think being unemployed and having bad credit makes it impossible to get a loan, but that is not necessarily the case. Some lenders do not require a good credit history and lend to people who rely on Centrelink income. Cigno can assist you to apply for a bad credit loan by working with a lender who does not perform credit checks.
As part of the application process, you will have the opportunity to choose a repayment schedule that is affordable and corresponds with your payday. We use direct debiting so you don’t even need to think about your repayments, but we also send reminders so you know exactly when the repayments will come out of your account.
It is important that you choose the repayment schedule that you can afford while still being able to pay your ongoing everyday expenses. If not, then you should consider other options.
If during your loan, you cannot make a repayment when required, just let us know. Late repayments may result in additional fees, so we recommend contacting us well in advance if you think you might miss a repayment. Our friendly support team will work with you to arrange a new affordable payment schedule.
Simply fill out our enquiry form. Through our partner we will distribute your enquiry to a panel of providers who may be able to help you with an Unemployment Loan.
Yes, unlike the big banks we don’t have extensive eligibility criteria in order for you to be approved for a personal loan. If you’re interested in loans for the unemployed, the only income proof we’ll need is evidence that you’re receiving some sort of government benefits.
At Cigno, we will not hold your credit score against you and that’s why we offer unemployed loans with bad credit. We also offer Centrelink loans for those customers who are unemployed but still receiving weekly or monthly payments in the form of government assistance.
It can be frustrating being out of work and stressful not having access to a regular income. Cigno offer access to the following personal loans for the unemployed:
For more information, check out our FAQ’s.
Please consider your own circumstances before you use Cigno. Please make sure you read our Privacy Policy, Terms and Conditions and this Financial Risk Disclaimer.
Cigno is a business name of FTA Data Solutions Pty Ltd ABN 95 670 814 221.
FTA Data Solutions Pty Ltd is an Authorised Credit Representative (Credit Representative No. 552387) of Finance & Loans Direct Pty Ltd Australian Credit Licence No. 390166.
Cigno is not a credit provider or a credit assistance provider. When you complete the Information Form, you are not applying for credit or any other particular goods and services. The completion of our Information Form also does not guarantee that you will be provided with credit or any other goods and services through our network.
Depending on the information you provide to us in the Information Form, we endeavour to assist you by providing your information to our intermediary partners. Where we provide your information to our intermediary partners, we may receive a fee.
If the information you provided to our intermediary partners meets their requirements, they may connect you with a credit provider, goods and/or services provider and/or specific products to meet your their needs (depending on the information your input into the Information Form).
Any application you ultimately make through a particular credit provider or goods and/or services provider is subject to that provider’s eligibility criteria and terms and conditions. The loan, credit, product or service may not be available to every person. We do not endorse or recommend any particular provider, product or service that you be connected with or offered. All statement on this website are general in nature and do not constitute financial, credit or legal advice (or any other advice).
SMS: 0429 213 774
Email: enquiries@cignoau.com.au
Post: PO Box 1810, Southport BC, QLD 4215
ABN: 95 670 814 221
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:
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.
You can access legal advice in your state at: Free legal advice – Moneysmart.gov.au.
If you are experiencing trouble with debt, or money worries in general, contact:
If you need someone to talk to, contact:
