No Interest Loans Scheme (NILS)

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1 September, 2014Money & Finances

The No Interest Loans Scheme (NILS(R)) provides 'interest' and 'fee' free loans for individuals, families or couples living on a low income.

NILS(R) is generally for the purchase of essential household items like a fridge, washing machine, TV, bed or clothes dryer. NILS(R) may also be provided to meet other essential needs.

NILS(R) will not cover regular living expenses such as:

- Bond/rent

- Electricity, gas, phone etc

- Food, clothing

- Existing debt or consolidation

- Items in pawn broker or similar

- Items already purchased

For more information on where to find your local NILS(R) service can be found on the weblink provided. Contact your local scheme for details.