What to do before you apply

There are things you need to think about before applying for the Pension Loans Scheme.

Before you apply, you should consider:

  • your current and future financial situation
  • the impact of compound interest on the loan
  • the repayment of the loan.

We recommend you seek independent legal or financial advice.

You should also:

We also have tools and information to help you manage your money.

Next: How to apply

Check if you're eligible before you start your application. You can apply for a top-up of your pension as a loan if you own real estate in Australia.

Page last updated: 28 January 2020