Good Shepherd Microfinance Senate Submission

As part of the Senate inquiry into financial credit services targeting people in financial hardship, Good Shepherd Microfinance provided insights based on experience supporting people on low incomes with an average of 2,200 loan applications per week.
This submission outlines a view that buy-now pay-later services and other credit products that operate functionally as credit products, should be required to lend responsibly via compliance with the responsible lending consumers obligations.

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Household Relief Loans Without Interest

Household Relief Loans Without Interest for anyone impacted by COVID-19 are available now. In collaboration with the Australian Government, we’re providing No Interest Loans of up to $3,000 towards rent and utilities, repayable over 24 months. Take our 2 minute eligibility check and find out more here.