No Interest Loans - NILS
What is NILs?
No Interest Loans (NILs) enables people and families with access to fair, safe and affordable credit to purchase essential goods and services to the maximum value of $2000. Loans are free from fees, charges, and interest. Pay back only what you borrow. NILs is a smart choice financial option to help you pay for essentials and get what you need right now. No Fees. No Charges. Ever.
proudly funded by Good Shepherd Australia
What can I use a loan for?
Essential goods and services including:
Household items like appliances, whitegoods & furniture
Car repairs
Medical, dental, wellbeing and life event expenses
Technology like a computer or laptop
Technology like a phone and all other electronic devices (up to $1000 limit)
Education expenses like fees or uniforms
Employment expenses like licenses or equipment
Loans are paid directly to the supplier and cannot be used for cash, bills, rent or debts.
Am I Eligible?
You are eligible for a No Interest Loan if you:
have a Health Care Card / Pension Card
OR earn less than $70,000 (before tax) as a single
OR earn less than $100,000 (before tax) if you have a partner or dependents
OR have experienced family or domestic violence in the last 10 years
AND you have lived at your current address for a minimum of three months
AND you can show you can afford to repay the loan (Centrepay and direct deposit available)