No‑Interest Loan Scheme (NILS): Your Guide to Interest‑Free Assistance in Australia
What Is NILS? The No Interest Loan Scheme (NILS) is an Australian community-based program run by Good Shepherd Microfinance along with local providers. It offers interest-free, fee-free loans to people on low incomes for essential expenses. Borrowers only repay what they borrowed—nothing extra (NerdWallet). Who Is Eligible? You may qualify if you: You must also … Read more