The No Interest Loan Scheme (NILS)

What is NILS?

The NO INTEREST LOAN SCHEME (NILS) provides individuals and families on a low income access to safe, fair and affordable credit.

  • NO FEES
  • NO CHARGES
  • NO INTEREST

The No Interest Loan Scheme (NILS)

Maximum loan amounts may vary, but credit can start from $300 up to $1200 for essential goods and services. Once your application is approved, repayments are set up at an affordable amount over a 12 to 18 months period.

With NILS, no credit checks are made as this is a program based on trust and respect.

WHAT ARE THE LOANS FOR?

Loans are generally available for the purchase of essential goods and services.

These may include:

  • Household items like fridges, freezers, washing machines, stoves, clothes dryers and some furniture
  • Some medical and dental services
  • Educational essentials such as computers and text books
  • Some other items as requested.

DO I QUALIFY FOR NILS?

To qualify you must:

  • Have a Health Care Card/Pension Card or be on a low income
  • Reside in your current premises for more than 3 months
  • Show a willingness and capacity to repay.

NILS is available by appointment. For further information, please call us on (03) 9497 2777 Monday to Friday between 10am – 2.30pm