NILS stands for No Interest Loan Scheme.
Knox Infolink has trained volunteers who can support community members to apply for a No Interest Loan.
Loans of up to $2000 are available to low income earners to access credit for an essential item without fees, charges or interest payments.
Borrow up to $2000 for essential goods and services including:
-
Household items like appliances, whitegoods & furniture
-
Car repairs/ registration/ tyres
-
Medical, dental, wellbeing and life event expenses
-
Technology like a computer or laptop (up to $2000 limit)
-
Technology like a phone, tablet and all other electronic devices (up to $1000 limit)
-
Education expenses like fees or text books/uniforms
-
Employment expenses like licenses or equipment
NILs can not be used for cash, bills, rent or debts.
If you are interested to apply for a NILs, please pop into the office to pick up a NILs information pack (or download via link). The NILs information pack outlines the documentation you need to gather prior to making an appointment time.
Please contact reception (PH: 03 9761 1325) for further information.
NILs Information Pack documents:
