The Stressed Financial Landscape

Good Shepherd Microfinance, Consumer Action Law Centre and Financial Rights Legal Centre commissioned Digital Finance Analytics to produce a report on the use of payday loans in Australia. The report, ‘The Stressed Financial Landscape’, found that nearly 30 per cent of borrowers surveyed had concurrent payday loans—up from 12.6 per cent in 2010.

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Our hearts and thoughts go out to everyone impacted directly or indirectly by the coronavirus pandemic.

Good Shepherd will continue to provide No Interest Loans (NILS) to people in our community who need this support. We are revising our financial hardship policy and will keep you updated. For assistance, please contact your nearest NILS provider or Good Money store.