What is NILS?

The No Interest Loan Scheme (NILS) provides individuals and families on low incomes with access to safe, fair, and affordable credit. Loans are available for up to $1,500 for essential goods and services such as car repairs, fridges, washing machines and medical procedures. Repayments are set up at an affordable amount over 12 to 18 months.

To be eligible for NILS you must hold a Centrelink Health Care Card or a Pensioner Concession Card or earn less than $45,000 a year after tax ($60,000 for couples or people with dependants).

No Fees – No Charges – No Interest – No Credit check is required for this loan

What can I use it for?

NILS helps people to avoid high interest loans and it can be used for items such as education expenses, laptops, health expenses, car registration, household appliances and furniture. It cannot be used for cash, holidays, rent or fines.



Good Shepherd is working with the Australian Government and NAB to provide no interest loans up to $3,000 towards rent and utilities for people who have lost income due to Coronavirus.

Visit householdrelief.org.au to learn more.

How do I apply?

Contact a NILS worker by phone on 0427 895 596 or email nils@echo.org.au.

They will explain the process to you and assist with your application. A NILS loan officer will help you develop a budget to see how much you can afford to pay back each fortnight.

Some documents are required, for example, evidence of your income, bank statements and how long you have lived in the area.

Cockatoo NILS accepts applications from across the Dandenong Ranges and all information is kept strictly confidential.

For more information contact 0427 895 596 (Weekdays 9am to 5pm) or email nils@echo.org.au

Cockatoo NILS is funded by Good Shepherd Australia New Zealand and the loans are financed by the National Australia Bank.