No Interest Loan Scheme now available at MRC

No Interest Loan Scheme (NILS) is now available at Western Sydney MRC through a partnership with Metro Assist. Monthly sessions are available at our Liverpool Office.

Source: https://goodshepherdmicrofinance.org.au/services/no-interest-loan-scheme-nils/

Sessions are available from the 3rd November 2020.

For many people on low incomes, paying for essential goods and services is a struggle, and the effects of going without can be huge. A No interest loan could be an option for you, so find out more by watching the video below.

Find out more about NILS by watching this video

 

Are you eligible?

The No Interest Loan Scheme also provides an affordable alternative to ‘rent to buy’, products. which promise ‘fast cash’ but often compound a person’s financial situation.

To be eligible for NILS you must have a healthcare or pension card, earn under $45,000, have lived in your current residence for three months, and have a willingness and capacity to repay the loan. There are no credit checks. Find out more about eligibility here.

This is made possible due to funding and support through Good Shepard Micro Funding.

For more information or to book an appointment call 02 8778 1200.


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