No Interest Loans (NILS)

NILS Loans may be applied for at Picabeen Community Centre by arrangement with Good Shepherd Finance and Logan East Community Centre.

No Interest Loans (NILS) provide individuals and families on low incomes with access to safe, fair and affordable credit.

Loans are available for essential goods and services such as fridges, washing machines, car repairs and medical procedures for up to $2,000. Repayments are set at an affordable amount over 12 to 18 months.

To be eligible for a NILS Loan you must have a Health Care of Pension Card or earn less than $70,000 a year – ($100,000 for couples or people with dependants) , have lived at your current address for at least 3 months and have the capacity to repay the loan.