No Interest Loan Scheme

The No Interest Loan Scheme (NILS®) offers small loans to people on low incomes to assist with purchasing essential items and services without any fees, charges or interest rates.

 Eligibility

 When applying for a No Interest Loan up to $2000, there are NO credit checks. We’ll look at your income and expenses, the total loan amount, and your repayment ability, and work with you to see if the loan is affordable.  

You will need to be able to provide ID to establish identity and you must have been living at your current address for at least 3 months to be eligible, also you must

  • Earn less than $70,000 annual income (before tax) as a single person or $100,000 annual income (before tax) if you have a partner or dependants

  • OR have experienced family or domestic violence in the last 10 years

  •  OR have a Health Care Card / Pension Card

  •  and you can show you have the capacity to repay the loan.

Borrow up to $2000 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 (up to $2000 limit)

  • Technology like a phone, tablet and all other electronic devices (up to $1000 limit)

  • Education expenses like fees or uniforms

  • Employment expenses like licenses or equipment

Borrow up to $3,000 for:

  • Bond on a new rental property

  • Costs associated with a natural disaster

What the Loans can’t be used for

Loans cannot be used for cash, bills, rent or:

  • Food or clothing

  • council rates

  • loans or debt

  • relocation costs

  • utility bills.

  • If not sure, please contact us!

    Book an Appointment

Our trained volunteers are available for appointments at the Centre.  To discuss your eligibility for a NILs loan please call or drop into the Centre to book, or contact us via email.