No Interest Loan Scheme (NILS)
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No Interest Loans (NILs) are a smart choice loan option to help you manage your money. Borrow up to $2000 for essential goods and services with no fees, no interest, ever. You pay back only what you borrow and nothing more.
NILs will pay the cost of these essential goods and services straight to the vendor. Loans can not be used for cash, bills or debts.
Loans are available up to $2000 for essential goods and services including:
- Household essentials
- Car Repairs and Registration
- Medical and Dental
- Technology
- Housing
- Education
To be eligible:
- Have a Heath Cre Care/Pension Card OR
- Earn less than $70,00 gross annual income as a single or $100,00 gross annual income as a couple or person with dependants OR
- Have experienced family or domestic violence in the last 10 years
- AND You can show that you have the capacity to repay the loan
NILS is offered by 170 local community organisations in over 600 locations. Go to the website to locate a provider.
NILs will pay the cost of these essential goods and services straight to the vendor. Loans can not be used for cash, bills or debts.
Loans are available up to $2000 for essential goods and services including:
- Household essentials
- Car Repairs and Registration
- Medical and Dental
- Technology
- Housing
- Education
To be eligible:
- Have a Heath Cre Care/Pension Card OR
- Earn less than $70,00 gross annual income as a single or $100,00 gross annual income as a couple or person with dependants OR
- Have experienced family or domestic violence in the last 10 years
- AND You can show that you have the capacity to repay the loan
NILS is offered by 170 local community organisations in over 600 locations. Go to the website to locate a provider.
Type
Online or Phone Service
Areas Served:
National
Last review date:
30/11/22
