About NILS

Care offers a No Interest Loan Scheme (NILS) for people on low incomes to purchase essential household items such as fridges, washing machines, furniture or electrical appliances. Loans cannot be provided for bills, living expenses such as rent or repayment of debts.  The maximum you can borrow is $1500.

APPLY FOR A NO INTEREST LOAN

How to Apply:

  • ​   Ring us on 02-6257 1788 and request an application form be sent to you.

  • ​   Download the application form by clicking here.

 

Once you have completed the application form, please return to:

Care Inc

PO Box 763, Civic Square, ACT 2608 or

Email it to us here

 

If you meet the eligibility criteria, the loans officer will contact you to arrange an interview to discuss your application.

For more information contact Care on 02-62571788.

 

Frequently asked questions

Am I eligible?


You are eligible if the answer to the following questions is yes:

  • Do you live or work in the ACT?
  • Do you rent, own or are buying your current home?*
  • Can you show capacity to repay the loan over a 12–18 month period?
  • Do you hold a Centrelink Card?
OR
  • Are you a worker on a low income?




What can be purchased with a No Interest Loan?


  • Whitegoods such as a fridge or washing machine
  • Household furniture such as a beds or sofa
  • Electrical items such as a television or computer
  • Health Aids such as a walking frame or sleep apnea device
  • Car repairs
​Loans are not available for rent, bills, rent arrears or other debts​




How much can I borrow?


The maximum amount you can borrow is $1500. If the item you want costs more than $1500, you will need to have saved up the balance required before applying for the loan.




What happens next?


If your application fits the eligibility criteria, you will be contacted by the NILS Administrator either by phone or mail to arrange a convenient appointment time.
​​




What happens at the appointment?


At your appointment the NILS Administrator will work through your Income and Expenditure sheet with you to see if you are able to afford the loan. The NILS Administrator will sight and copy all relevant documents eg your lease, recent utility accounts, Health Care Card, evidence of income




What happens if my loan is approved?


You will be asked to sign a contract with the No Interest Loan Scheme. This contract sets out your rights and responsibilities. It outlines the amount that you will be lent and the number of and amount of payments. A cheque for the full loan amount will then be forwarded to the trader that you are purchasing the item from. It is your responsibility to arrange delivery of the item.




How do I pay the loan back?


Loans are paid back by fortnightly payments either by Centrepay (which the Loans Administrator will organise for you) or by Deposit Book.




What if I have difficulty meeting the repayments?


It is important to contact the loans officer as soon as possible to discuss options such as reducing the repayments.





financial fairness for all

Contact Us

Address

Level 4, CCG House

219 London Cct

Canberra City

© Copyright 2019 by Care