The No Interest Loan Scheme (NILS) provides individuals and families on low incomes with access to safe, fair and affordable credit.
Loans are available for up to $1,500 for essential goods and services such as fridges, washing machines and medical procedures. Repayments are set up at an affordable amount over 12 to 18 months.
To be eligible for NILS you must have a Health Care Card or earn less than $45,000 a year (after tax). Loans cannot be used for cash, bond, rent arrears, debt consolidation, holidays or bills.
More information can be found at http://nils.com.au
Do I qualify for NILS?
To qualify you must:
Have a health care card/pension card
Reside in your current premises for more than 3 months
Show a willingness and capacity to repay
Applicants can contact the Banana Shire Support Centre on 4992 3322 between 9.00am and 12.30pm on Mondays and 9.00am and 4.30pm Tuesday to Friday or via email: firstname.lastname@example.org
The applicants can source their quotes from the store of
their choice and if the model number of
the item is included in the quote it will enable the possibility to compare prices for that