7-9 Summerside Street, Toukley
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
Am I eligible?
You may be eligible for a NILs loan if you:
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.
Eligibility criteria are designed to ensure loans are provided to those who can manage repayments without financial pressure and follow the responsible
lending guidelines..
Important information
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.
When applying for a No Interest Loan up to $2000, there are NO credit checks. We’ll look at your income and expenses, the total loan amount, and your repayment timeframe (up to 24 months), and work with you to see if the loan is affordable. We don’t judge you on your history.
How to apply?
You are able to provide supporting documentation via the form.
Additional documentation can be emailed to nils@tnc.org.au, making sure you provide your name and contact number. We must receive all these documents before the loan can be processed and submitted for assessment.
- 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 including child support payments
- Afterpay statements or if you have any other loans, please provide statements
- Quote from a reputable/registered provider with an ABN number. Payment details for the supplier must be printed on quotes/invoice including BSB, account name and account number.
- If applying for CTP or car repairs, registration papers are needed and the car must be registered in NSW
For more information
Need more information?
7-9 Summerside St, Toukley NSW 2263, Australia
Hours
Open today | 09:00 am – 04:00 pm |
