On the 2nd day of Christmas my no interest loan was approved for a bed and some sheets.

A few years ago, Ray didn’t have so much to look forward to. When he first moved from Queensland to Bendigo he found resettling tough.

“At the time I was on the Disability Support Program which is hard to budget on and does not leave a lot of room for larger expenses like a fridge or other household needs.”

After successfully applying for a No Interest Loan Scheme (NILS) loan through Bendigo Family and Services, Ray was able to buy a bed, sheets and a doona. “I felt like I was given a fair go. I was relieved that I could now go out and get the items.”

For Ray, accessing the NILS loan was a step toward financial inclusion and independence. “I was very relieved that I could get these items and then pay them off at an amount I could comfortably afford. The repayments left me with enough money to live on.”

The No Interest Loan Scheme (NILS) provides individuals and families on a low income access to safe, fair and affordable credit. Loans start from $300 up to $1200 for essential goods and services. To find out more, call 13 NILS (13 6457) or www.nils.com.au 

More News