Loan Information

Locations

Belmont
Edgeworth
Head Office
Kurri Kurri
Maitland
Maryland
Muswellbrook
Raymond Tce
Cessnock
Singleton
Morisset
West Wallsend
Salamander Bay
Woodrising
MAP

Options

Sponsors


Good Shepherd. Victoria


Ian Potter Foundation.

Hunter Water.


Energy Australia.


Office of Fair Trading.


FaHCSIA.

No Interest Loans

Hunter Region No Interest Loans Scheme (HRNILS) provides no interest loans to low income families throughout the Newcastle Hunter region.

ARE YOU ELIGIBLE FOR A HRNILS LOAN? 

If you answer ‘yes’ to the following questions you are eligible to apply for a No Interest Loan through one of the locations listed on the locations pages

  • Are you on a low income, e.g. the holder of a health care or pension card?
  • Have you lived in your current residence for at least 3 months?
  • Can you afford repayments of up to $30 per fortnight from your income?
  • Will this loan improve the wellbeing or health of yourself or your family? 
ADVANTAGES OF A NILS LOAN:
  • They are without interest or fees but must be repaid within 18 months
  • Borrowing money from other lenders may cost you a lot more in the long run through excessive interest and fees.
  • The HRNILS providers work with you to find the arrangement that works best.
  • Dealing with an HRNILS service is free and confidential.
  • Essential goods purchased with an HRNILS loan are brand new.

WHAT ITEMS CAN BE PURCHASED?

NILS loans can be used to buy essential household items such as

  • Fridges
  • Freezers
  • Washing machines
  • Furniture
  • Computers
  • Televsions
  • Car registration and insurance
  • Green Slips
  • Portable air conditioners
  • Heaters
  • Medical equipment
  • Prescription eyewear
  • Stoves (home owners only)
  • Water Heaters (home owners only)

HRNILS does not provide loans for

  • Emergency relief
  • Debt repayment
  • Tenancy bonds
  • Travel
  • General living expenses, e.g. phone

How do I apply for a loan?

Hunter Region No Interest Loans Scheme (HRNILS) has several approved agencies throughout the Hunter Region.
A list of these can be found on the locations page (follow the link for more information on your nearest agency).

What do I do then?

You will be requested to attend an interview with a Loans Officer and you will be asked to provide some documentation, such as:

  • most recent Income Statement from Centrelink,
  • proof of identity (Driver's licence, Pension or Health Care Card)
  • proof of residency (drivers licence, bill etc)
  • most recent rent or mortgage receipt or statement
  • most recent utility bills (electricity, gas, water, phone)
  • recent statement showing balance of credit cards, loans, store accounts, rental agreements etc.
  • most recent bank statement (minimum 1 month)
  • and information on your household budget.
  • 2 (where possible) quotes for the item you wish to purchase. Make sure the quote is provided on the suppliers leaderhead, and is valid for 30 days. It should also provide the energy or WEL rating where applicable, cost of delivery and the warranty period. An HRNILS quote form may also be downloaded and printed here. Please ask your supplier of goods to complete this quote form, and bring it with you to interview.
Can I get help with my household budget?

Yes. There is help available!

A household budget is simply listing your income (from your Centrelink statement), then adding up what you spend your money on each fortnight (your expenses). Then subtract your budget from your income. An HRNILS budget form can be downloaded and printed:

  • A comprehensive list can be found on the budgeting page. as well as some tips to help you make your budget save you money!
  • Your Bank Statement will help to complete your budget, as it may show regular income as well as payments.