The No Interest Loan Scheme (NILS) provides safe, fair and affordable loans to people on low incomes with no interest, fees or charges.

Can’t afford to replace your broken fridge? Is your car in need of repairs to get you to work? Many people have moments like these.

Money stress can make us consider solutions that might not be ideal. Renting appliances or getting a quick cash loan may seem like easy options but they’re very costly, with hidden interest rates and extra fees.

A No Interest Loan Scheme is a safer way to pay for household items or car-related expenses. Loans are up to $2000, repaid over 12–24 months.

DO I QUALIFY FOR NILS?

We have financial and residential criteria. They are:

• You need to hold a Centrelink Health Care or Pensioner Concession card, or
• Your after-tax income needs to be $57,000 or under for singles, and $75,000 or under for couples or families with dependents
• You need to be able and willing to repay the loan
• You need to have lived at your current or previous address for three months so that we can see a payment history
• We can waive residential requirements in some circumstances – for example if you are experiencing domestic violence or transitioning from homelessness or incarceration.

HOW DO I APPLY?

After a brief conversation to see if NILS is suitable for you, you will be provided with a NILS Application Kit, which includes the document requirements and details of how to apply

To enquire about starting a loan application you can contact us on (02) 6241 0518, email nils@salvationarmy.org.au or the Affordable SA Helpline on 1800 025 539.