Ways to get a no or low-value interest loan
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A no interest loan or StepUP low-value interest loan assists you borrow funds quickly to obtain right straight back on the legs.
Repayments are affordable, there are not any costs or costs, and it is a great deal cheaper than a loan that is payday.
If you are struggling to produce ends fulfill, see help that is urgent cash at no cost solutions which will help.
Loans without interest: submit an application for a home Relief Loan to fund lease and resources if you have been economically influenced by . Loans are for approximately $3,000, don’t have any interest or charges and are also repayable over a couple of years.
No interest loans
A no interest loan enables you to borrow as much as $1,500 to cover basics. Repayments are affordable while the loan term is between 12 and eighteen months. There are no credit checks.
The best benefit is you spend no interest, costs or fees. You simply repay that which you borrow.
The No Interest Loan Scheme (NILS)
The No Interest Loan Scheme provides people and families on low incomes with usage of safe, reasonable and affordable credit. Loan amounts are as much as $1,500 for important products or services such as for instance fridges, automatic washers or automobile repairs.
Who is able to get a no interest loan
To have a no interest loan you need to:
- have healthcare Card, a Pensioner Concession Card or earnings lower than $45,000 per 12 months after taxation
- have resided at your address that is current for than 90 days
- show you could repay the mortgage
Ways to get a no interest loan
Get a no interest loan in 2 actions: