What is NILS®?
The No Interest Loan Scheme (NILS®) provides interest free loans
for individuals or families on low income. It’s a community-based
program that enables people to access fair, safe and equitable
credit for the purchase of goods and services.
How does it work?
When a borrower makes a repayment to a NILS® program, funds are then available as a loan for someone else in the community. This is called “circular community credit” and is a real demonstration of the community in action.
How much can I borrow?
Borrow up to $2000 for essentials such as appliances or furniture, to help you get your car back on the road, pay for education fees and equipment or help you cover the cost of goods and services to support your wellbeing.
Borrow up to $3000 for housing related expenses such as bond or rent in advance, or for recovery from a natural disaster.
What can I use a NILs loan for?
Borrow up to $2000 for essential goods and services including:
Household items like appliances, whitegoods & furniture
Car repairs & registration
Medical, dental, wellbeing and life event expenses
Technology like a phone or laptop
Education expenses like fees or uniforms
Employment expenses like licenses or equipment
Borrow up to $3,000 for:
Bond & rent in advance
Costs associated with a natural disaster
Am I eligible?
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 children
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 can afford to repay the loan
Would you like to apply for NILS?
Please press the button below to complete the online Enquiry form and submit.
Once received a NILS officer will be in contact with you.
Excluded NILS items
Loans are not approved for emergency relief, including the below:
Living expenses (such as food)
Utilities (gas, electricity, phone)
Debt repayment & consolidation
Second hand / refurbished electrical goods (except mobility scooters) & baby furniture
Outbound international airfares / holidays
Fines or penalties
Clothing (school / sports uniform the exception)
Comprehensive or third party / fire / theft insurance