Hunter Region No Interest Loans Scheme Inc.

Hunter Region No Interest Loans Scheme Inc.

Hunter Region No Interest Loans Scheme Inc.

Hunter Region No Interest Loans Scheme Inc.

Need help to buy a new fridge or washing machine?

Or help to register or repair your car?

Do you need new furniture or TV?

Or help to pay for medical expenses or items?

Maybe a NILS loan can help you



Loans up to $1,500

Depending on your circumstances

Repayments are set at an affordable amount over 12 to 18 months

Hunter Region No Interest Loans Scheme Inc. (HRNILS) is a charitable organisation,
and an accredited member of the NILS Program which is governed by Good Shepherd Microfinance.

What is NILS?

The No Interest Loan Scheme is an alternative line of credit for individuals and families on low income. NILS provides small loans with no fees, interest or charges. Developed by the Good Shepherd Sisters in Victoria in 1981, NILS is now available throughout Australia, and New Zealand through accredited NILS Providers.

How Does NILS Work?

The NILS loans process is based on dignity and respect, and uses ‘circular community credit’. This means every repayment made by current borrowers is used to fund loans to others in the community.

Am I Eligible?

To be eligible for a NILS loan, you must:

  • Have a Pension or Health Care Card OR
    Earn $45,000 or under for singles (after tax) or $60,000 or under for couples or people with dependents (after tax).
  • Have lived at your current address or previous address for at least 3 months.
  • Show a capacity and willingness to repay your loan.

How Do I Apply?

  1. Download an application pack, or pick one up from your nearest HRNILs Agency or Outlet.
  2. Gather required documents included in the Document List, and complete the application form.
  3. Attend a face to face or telephone interview.
  4. Your application is submitted for assessment
  5. You will be informed of the outcome.
  6. If approved, payment is made, and your loan repayments begin.

For more detailed information about the application process, click here.

How long does it take?

How long it takes for your loan to be approved will, in most cases, depend on you. Loans cannot be submitted for assessment until all required information is provided. Once submitted, the process should take between 2 – 4 days.

If you have trouble getting a particular document, or you have a question about any of the information you need to provide, please do not hesitate to ask for help.

What can I buy?

NILS Loan Are Available for:

  • Educational expenses
  • Household appliances
  • Household furniture
  • Health expenses
  • Technology
  • Car related items

For full list, please click here 

NILS Loans Cannot Be Used For:

  • Rent or bond
  • Bills or debts
  • Cash or holidays

For full list, click here