Call us on
1800 002 992
A fair go for everyone with access to interest-free loans.
Access fair, safe and equitable credit through the No Interest Loans Scheme (NILS). NILS are interest-free loans intended to provide individuals and families in need with money for essential items and services to make life easier.
No Interest Loans (NILS)
Discover a safe loans program.
Working in partnership with Good Shepherd Microfinance, our dedicated team deliver the no interest loans program across Victoria.
If you’re eligible, you can receive a loan for essential items and expenses.
Funds can be used for:
- Household items like fridges, washing machines, stoves, dryers, freezers and furniture
- Some medical and dental services
- Education essentials such as computers and textbooks
- Car-related expenses including registration and repairs
- Essential vehicles including cars, motorcycles, and mobility scooters (credit check required)
- Mobile phones.
NILS loans can't be used for:
- Emergency relief
- Rent
- Rent arrears
- Living expenses
- Household bills or fines
- Holidays.
Loan Terms
- Loans are from $200 - $2000
- No interest applies for the term of the loan
- Lived at your current address for 3 months
- Repayments are paid fortnightly through Centrepay or other nominated source.
Eligibility
Your eligibility for the NILS program is based on your:
- Income
- Possession of a Health Care or Pension Card
- Need for essential goods or services
- Ability to repay the loan.
