No Interest Loans Scheme (NILS)

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Money & Finances

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What Is NILS?

The No Interest Loan Scheme (NILS) provides safe, fair and affordable loans to people on low incomes.

Loan amounts are between $300 – $1,500 and attract no interest, fees or charges. Repayments are set up at an affordable amount over 12 – 18 months.

WHAT ARE THE LOANS FOR?

Loans are for essential goods and services only and cannot be used for cash, bond, rent arrears, debt consolidation, holidays or bills.

These may include

  • Household items like fridges, washing machines, stoves, dryers, freezers and furniture
  • Some medical and dental services
  • Education essentials such as computers and text books
  • Car and Household Repairs
  • Some other item as requested

DO I QUALIFY FOR NILS?

To qualify you must:

  • Be on a low income / hold a concession card
  • Reside in your current premises for more than 3 months
  • Show a willingness and capacity to repay loan

For more information about how to apply for a loan, contact NILS 13 64 57 or the Affordable SA Helpline 1800 025 539.


Last updated 26 March, 2020

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