Good Shepherd's No Interest Loans (NILs) Neighbourhood Houses Victoria is proud to be partnering with Good Shepherd and their No Interest Loan program. Good Shepherd tackles the critical and ongoing issues facing women, girls and families by providing financial wellbeing services and access to safe and affordable finance. This year, Good Shepherd acknowledges 40 years of providing no interest loans (NILs) in Australia. That’s over 300,000 loans issues by hundreds of community providers in over 600 locations nationally. This has enabled $250 million in safe credit for Australians on low incomes. Neighbourhood Houses Victoria welcomes the opportunity to bring this service to the communities our neighbourhood houses serve. What is NILs? No Interest Loans (NILs) provide individuals and families on low incomes with access to safe, fair, affordable credit with no fees and charges applied. Am I eligible? ✔ I hold a Health Care Card / Pension Card or earn less than $45,000 a year after tax ($60,000 for couples of people with dependants) ✔ I have lived at my current or previous address for at least 3 months ✔ I can show that I can afford to repay the loan How much can I borrow and what can I use NILs for? You can borrow up to $1,500 for essential goods and services. These may include: Does not include: Household items like whitegoods, TVs and furniture Medical procedures and dental services Education essentials such as computers and text books Car repairs or registration Some other items as requested Cash Food Rent Bills Debts Once approved, Good Shepherd will pay directly to the supplier of the goods and services. Here’s some price comparisons to help explain the NILs difference: TV (pdf) Fridge (pdf) Laptop (pdf) How do I find out more or get assistance applying for a loan? If you have any questions or want help getting started, give us a call on (03) 9606 0117 or complete the enquiry form and we'll get in contact with you as soon as possible. Enquire now Not the right product for you? Check if there is another loan option that better suits your needs.