NILS LOANS
WHAT IS NILS?
The No Interest Loan Scheme (NILS) provides individuals and families on low incomes with access to safe, fair and affordable credit.
Loan are between $300 and $2,000 for essential goods and services such as education items, fridges, washing machines and medical procedures. Repayments are set up at an affordable amount over 12 to 18 months.
Loans cannot be used for cash, bond, rent arrears, debt consolidation, holidays or bills.
NILS is offered by 178 local community organisations in over 600 locations across Australia.
To qualify you must:
How do you apply?
In person at:
The No Interest Loan Scheme (NILS) provides individuals and families on low incomes with access to safe, fair and affordable credit.
Loan are between $300 and $2,000 for essential goods and services such as education items, fridges, washing machines and medical procedures. Repayments are set up at an affordable amount over 12 to 18 months.
Loans cannot be used for cash, bond, rent arrears, debt consolidation, holidays or bills.
NILS is offered by 178 local community organisations in over 600 locations across Australia.
To qualify you must:
- I hold a Health Care Card / Pension Card
OR - earn less than $70,000 a year (gross) for a single household OR earn less than $100,000 a year (gross) for couples or people with dependants
- I can show that I can afford to repay the loan
How do you apply?
In person at:
- Brophy Family and Youth Services Inc
Hamilton, 3300
98 Thompson Street
Hamilton, VIC, 3300, Australia- Southern Grampians NILS (Now operating as South West Victoria NILS)
Loan Limit - $2,000 - Call 13 64 57 (NILS)
- Southern Grampians NILS (Now operating as South West Victoria NILS)