No Interest Loans (NILs)
NILS FOR VEHICLES NOT AVAILABLE THROUGH
BUNDABERG NEIGHBOURHOOD CENTRE
PHONE GOOD SHEPHERD ON 1300 645 748
Program Details
No Interest Loans (NILs)
0% interest and no fees or charges, EVER
We are an approved No Interest Loan (NILs) Client Service Provider. Contact us: 4153 1614 / [email protected]
Washing machine broke down? Unexpected car repairs? Need a new laptop for work or school? We’ll pay the invoice for you (NO CASH).
Unexpected expenses are bound to pop up from time to time. Don’t choose an option that might get you into trouble later. With NILs, you only pay back what you borrow, nothing more.
How does NILs work?
Submit your invoice with your application and NILs will pay it straight to the supplier / vendor. Loans cannot be used for cash, bills, debts or rent.
How much can I borrow?
Borrow up to $2000 for essentials such as appliances or furniture, car repairs, a new computer or laptop, medical, dental or vet expenses.
Borrow up to $3000 for bond on a new rental property or for recovery from a natural disaster.
What can I use a NILs loan for?
Borrow up to $2000 for essential goods and services including:
- Household items like appliances, whitegoods & furniture
- Car repairs
- Medical, dental, wellbeing and life event expenses
- Technology like a computer or laptop (up to $2000 limit)
- Technology like a phone, tablet and other small electronic devices (up to $1000 limit)
- Education expenses like fees or uniforms
- Employment expenses like licenses or equipment
Borrow up to $3,000:
- Bond on a new rental property
- Costs associated with a natural disaster
NILs cannot be used for cash, bills, rent or debts.
How to apply?
You can now apply for a loan by requesting a package through email, phoning the Centre on 4153 1614 or by obtaining the application documents here:
If you choose to download these documents and start the application process, please read the No Interest Loans Fact Sheet.
Is this for me?
Am I eligible?
- have a Health Care or Pension Card
OR - earn less than $70,000 (before tax) as a single
OR - earn less than $100,000 (before tax) if you have a partner or dependents
OR - have experienced family or domestic violence in last 10 years
AND - you have lived at your current address for a minimum of three months
AND - you can afford to repay the loan (Centrepay and direct debit available).
If you are a non-permanent resident of Australia on a temporary protection visa or bridging visa you are also eligible for a NILs loan, however the loan term must not exceed the expiration date of your visa.
