The No Interest Loans Scheme (NILS) provides people on low income with access to safe, fair and affordable credit. NILS loans are for amounts up to $1,500 for the purchase of items such as a fridge, washing machine, medical expenses, or car repairs.
- No fees
- No charges
- No interest
Am I eligible?
To be eligible for NILS you must:
- Have a Health Care or Pension Card
- Earn under $45,000
- Have lived at your current residence for three months
- Have a willingness and capacity to repay the loan.
There are no credit checks.