We estimate that nearly 3,000 NILS clients are in bushfire affected areas.
As a response we have developed a NILS Bushfire Relief Policy in conjunction with our longstanding corporate partner, NAB. This policy is effective today, Tuesday 14 January 2020 and is designed to support NILS clients in bushfire affected areas and includes:
Existing NILS clients can renegotiate loan repayment terms or defer repayments on their loan to suit their needs
Where the loan asset (e.g. fridge purchased with a NILS loan) has been destroyed or is not usable due to the bushfires, opportunity to review the loan have been put in place
New clients can access a NILS ‘Bushfire Relief’ loan of up to $2,000 (increased from $1,500) with reduced requirement for documentation
*This policy is effective Tuesday 14 January 2020Find out more by contacting your nearest provider
Please note that StepUP loan clients are managed by NAB and therefore any bushfire affected clients required assistance, should contact NAB Assist directly on 1800 701 599.
A list of support services available across Australia has been collated by Thriving Communities Partnership (TCP) and is available on their website here.