NILS: No Interest Loan Scheme

We are proud to be a fully accredited NILS provider through Good Shepherd Microfinance. Our No Interest Loans scheme NILS provides individuals and families on low incomes access to safe, fair and affordable credit. 

Loans can be up to $1,500 for essential goods and services including car expenses, fridges, washing machines, furniture, medical needs and educational purposes. Read More +

To Qualify for a NILS loan you need to be on a low income e.g. receiving a Centrelink payment, holder of a Health Care card or have a low household income (under $45000 PA). Exceptional circumstances can be considered.

Loans can be up to a maximum of $1500 and can be for more than one item. Loans are generally repaid over a period of 12 months. Repayment plans are tailored to suit individual circumstances.

NILS cannot be used for the repayment of current bills or debts and cannot be paid to the applicant directly. They also cannot be used for bond or rent money, rent arrears or living expenses.

On-line Applications

Step 1

Please download and read the following documents:

Attachment A – NILS Confidentiality Agreement

Attachment B – Rights and Responsibilities

Prior to attending an interview please ensure you have all the necesary documentation as listed:

Attachment E – Document Checklist

Step 2

Please download and complete the Loan Application Form:

Attachment F – Loan Application Form

Please note
Loans will only be considered for essential items e.g. white-goods, new furniture items, TV, computer, medical expense, car tyres, back to school needs , car registration, car repairs, mobile phone.

Please note
Payments of Bills including: debt consolidation, entertainment items, vehicle repairs, rent arrears, rental bond monies are not eligible.

Applicants must be living in the Gold Coast / Beenleigh postal districts for a period of not less than 3 months. Rooming accommodation applicants will need to provide a statutory declaration stating their length of tenancy and the lodgings they pay signed in the presence of a Justice of the Peace (JP).

Step 3

Please download and complete the Budget Assessment Form:

Attachment G – Budget Assessment Form (pdf)


Attachement G - Budget Assessment Form (Excel) 

Step 4

Either print /scan all docs and email them to we will be in contact with you or press the contact us tab request a call back regarding a NILS appointment.