CRANBOURNE & DISTRICT NILS

The Cranbourne & District No Interest Loans Scheme (NILS) is designed to help people on a low-income (especially those on a Centrelink income) buy essential household goods such as:

• Household items like appliances, whitegoods and furniture
• Car registration and repairs
• Medical, dental, wellbeing and life event expenses
• Technology like a computer or laptop (up to $2,000)
• Technology like a mobile phone, tablet and electronic devices (up to $1,000)
• Education expenses like school books, fees and uniforms
• Employment expenses like licences or equipment
• Bond on a new rental property (up to $3,000)

NILS cannot be used for cash, debts, rent, utilities, council rates, any ongoing fixed household expenses as well as relocation, removalist or storage fees.

The loan is for a value of up to $2000 ($1,000 for mobile phones, tablets, gaming consoles and other small electronic devices) and can be re-paid at an affordable rate. Borrowers can apply for further loans once the initial loan is re-paid.