Sometimes life throws things your way that you haven’t planned for financially. Your car breaks down and needs urgent repairs, or you won’t get to work next week. Your heater stops working in the middle of winter and your kids are getting sick. Your fridge bites the dust.
The No-Interest Loans Scheme (NILS) can give you safe, fair and affordable credit, when you need it most. Your NILS loan can give you up to $2,000, for the purchase of things like household items, car repairs and registration, medical expenses, technology and education.
To successfully apply for a NILS loan, you’ll need to be able to prove that you meet the following criteria:
In addition to helping pay for what you need as soon as you need it, these affordable loans are also a way for you establish a repayment record, which can assist you in your future financial dealings.