marker FIND YOUR NEAREST PROVIDER

No Interest Loans
from the people you know and trust

No Fees. No Charges. Ever.

What is NILS?

No Interest Loans (NILS) provide individuals and families on low incomes with access to safe, fair and affordable credit.

Loans are available for essential goods and services such as fridges, washing machines, car repairs and medical procedures for up to $1,500. Repayments are set at an affordable amount over 12 to 18 months.

NILS is offered by 170 local community organisations in over 600 locations across Australia. Chances are there’ll be a local NILS provider near you or one who can help over the phone.

What can I use NILS for?

Loans are available for the purchase of essential goods and services

These may include:
  • Household items like fridges,
    washing machines, TVs and furniture
  • Medical procedures and dental services
  • Education essentials such as computers and text books
  • Car repairs or registration
  • Some other items as requested
For emergency relief assistance such as with food parcels, bills and rent, click here to find your nearest service provider.
Does not include:
  • Food
  • Rent
  • Bills
  • Cash
  • Debts
What can I use NILS for?

Am I eligible?

  • I have a Health Care Card / Pension Card or earn less than $45,000 a year after tax ($60,000 for couples or people with dependants)
  • I have lived at my current or previous address for at least 3 months
  • I can show that I have a capacity to repay the loan

FIND OUT IF YOU ARE ELIGIBLE

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.

It is worth considering a NILS loan first before seeking other expensive options for credit.

“With NILS, there's no interest, no fees and no charges. You only pay for what you get.”
— Marisol
“I was very relieved that I could get these items and then pay them off at an amount I could comfortably afford.”
— Ray

How do I apply?

STEP 1 — ELIGIBILITY

Find out if you are eligible for a NILS loan click here

STEP 2 — ENQUIRE

Find your nearest NILS provider click here or call 13 NILS (13 64 57)

STEP 3 — APPOINTMENT

Make an appointment with your nearest provider

STEP 4 — ASSESSMENT

Your loan application is assessed

STEP 5 — OUTCOME

You are informed of the outcome of your loan application

600+

Locations across
Australia

28,000

NILS loans were
issued last year

1,500

Dedicated microfinance
workers and volunteers
“When I found NILS, I was overjoyed as there is no interest.”
— Rhonda

No Interest Loans (NILS) Coronavirus Relief

No Interest Loans (NILS) for anyone adversely impacted by the Coronavirus will be available soon. However, anyone needing immediate assistance can apply for an existing NILS loan, although this loan has narrower criteria and is not for bills. For further information on NILS loans, please call 1300 770 550. Continue to website