The No Interest Loan Scheme (NILS) provides individuals and families on low incomes access to safe, fair and affordable credit.
No Fees - No Charges - No Interest
Loan amounts are up to $1500 for essential goods and services such as fridges, washing machines or car repairs. Loans cannot be used for cash, bond, rent arrears, debt consolidation, holidays or bills.
Once your application is approved, repayments are set up at an affordable amount over 12 - 18 months.
No credit checks are made as this is a program based on trust and respect.
Funds are recycled back to future applications in your community.
With manageable repayments and a respectful assessment process conducted by an accredited NILS officer, NILS works through a process of circular community credit. When a borrower makes a repayment to NILS, funds are then available to someone else in the community.
A dedicated NILS officer is at the Community Centre Tuesdays and Fridays. Please call 4627 2027 to make an appointment or enquiry.
You can also visit the NILS website -
To get started with your NILS enquiry, please fill out the form below.
NILS document checklist
To help us process your loan enquiry please try and provide as much information as possible
Current Health Care Card or Pension Card
Centrelink income statement
Payslips from recent work - 3 weeks
3 months of bank statements for all of your accounts
Copy of your lease - showing your address and how long you have been at the property
Household Bills (Most recent)
Rent receipt, mortgage statement, statement of rental payments
Water or Rates notice
Phone account - land-line and/or mobile
Credit card statements
Information about any other outstanding accounts - laybuys, rent to own, hampers etc
You must supply us with a written quote/invoice for the item you would like to purchase.
HOW DOES NILS
WORK IN YOUR COMMUNITY?
NILS isn’t a payday loan and it’s not a bank loan. NILS works through a process called 'circular community credit'. This means when a borrower makes a repayment to NILS, the funds are then available to someone else in the community.