Affordable Finance

No Interest loans offer affordable finance to people on low incomes. There are no credit checks, and minimal eligibility requirements.

To find a local provider, visit Good Shepherd website here.

NILS (No Interest Loan Scheme) operates through community organisations.

Who Qualifies: Low income earners or health care card holders OR earn less than $70,000 before tax (single person) or $100,000 (couple or people with dependants) a year after tax OR if you have experienced family violence in the past 10 years AND you show you can afford the loan.

Borrow up to $2,000 for essentials such as appliances or furniture, car repairs or rego, a new phone or laptop, or medical, dental or vet expenses.

Borrow up to $3,000 for housing-related expenses such as bond or rent-in-advance, or for recovery from a natural disaster.

Fees & Interest: None

NILS (No Interest Loan Scheme) for Vehicles

Currently unavailable, check out the Good Shepherd website above for further information.

Better Place Australia free financial counselling

Better Place Australia free financial counselling and mediation services are available to people who have money troubles and live in one of the many government funded areas across Victoria. First step is to enquire online or request an appointment.

For more real stories about people with financial troubles and how Better Place Australia financial counsellors mediated for them, go to the Financial First Aid home page and scroll down to Real Stories.