No interest loans
Borrow up to $2000 for essential goods and services including:
- Household items like appliances, whitegoods & furniture
- Car repairs & registration
- Medical and dental expenses
- Technology like a phone or laptop for education and employment
- Employment expenses like licenses or equipment
- Rental bonds, but only after you have submitted a Rentstart Bond Loan through Family & Community Services
How to Apply
Eligability
Hold a Health Care Card or Pension Card, or
Earn less than $70,000 gross annual income as a single person or earn less than $100,000 gross annual income as a couple or with dependents.
Have lived in your premises for more than 3 months.
Can demonstrate the capacity to repay the loan.
Things to Consider
Phones and tables (limit of $1,000).
New rental property bond (limit of $3,000).
Recovery from a natural disaster (limit of $3,000).
No Interest Loans cannot be used to purchase cars or motorcycles. Good Shepherd offers another product called No Interest Loans for Vehicles.
NILs in NOT a Cash Loan, we pay direct to the supplier.
Documents Required
Photo id, Centrelink card and Medicare card.
90-day transaction statement (cannot be more than 2 weeks old) for all your bank accounts.
Rental ledger showing address and amount paid
If boarding or homeless, provide a statutory declaration
Electricity, gas, water, telephone bills unless paying from Centrelink or bank
If working, your last
Photo id, Centrelink card and Medicare card.
90-day transaction statement (cannot be more than 2 weeks old) for all your bank accounts.
Rental ledger showing address and amount paid
If boarding or homeless, provide a statutory declaration
Electricity, gas, water, telephone bills unless paying from Centrelink or bank
If working, your last 4 payslips
Proof of any other income you may receive
Afterpay statements or if you have any other loans, please provide statements
Quote from a reputable/registered provider with an ABN number.
If applying for CTP or car repairs, registration papers are needed and the car must be registered in NSW
