In 1981, the Good Shepherd Sisters saw an emerging need in the community for safe and affordable credit.

Today, Good Shepherd administers No Interest Loans (NILs) in partnership with not-for-profit community organisations across Australia. No Interest Loans are a safe and affordable way to pay for essentials like washing machines, fridges, car repairs and more. Loans are not available for cash, bills, rent and debts. The scheme offers safe and affordable access to credit to people on low incomes in NSW.

Thanks to the staff at Bulli Community Centre for sharing more information. 

No Interest Loans (NILs) 
0% interest and no fees or charges, EVER

Contact:  Bulli Community Centre, phone 4284 7006 or email nils@bullicommunitycentre.com.au

Q: How much can I borrow and what can I use a NILs loan for? 

• Borrow up to $2000 for essentials such as appliances or furniture, car repairs, rego, a new computer or laptop, medical, dental or vet expenses. 
• Borrow up to $3000 for bond on a new rental property or for recovery from a natural disaster.

NILs cannot be used for cash, bills, rent or debts.    

Q: Am I eligible?  

• have a Health Care or Pension Card 

OR 

• earn less than $70,000 (before tax) as a single  

OR 

• earn less than $100,000 (before tax) if you have a partner or dependents 

OR  

• have experienced family or domestic violence in last 10 years 

AND 

• you have lived at your current address for a minimum of three months  

AND  

• you can afford to repay the loan (Centrepay and direct debit available). 

Service NSW has more information on its website and you can also read more in 2021's article How No-interest Loans Can Help