The St Vincent de Paul Society No Interest Loan Scheme (NILS) offers people on low incomes the opportunity to purchase essential household items or services that can improve quality of life.
Loans of up to $1,500 are available with no fees, no interest, no extra costs and low repayments for the entire loan. This limit is extended to $2,000 for people who have experienced (or are experiencing) domestic violence.
You can apply in any of the St Vincent de Paul Society NILS sites across NSW (listed below). Our friendly team will be happy to assist with your inquiry and application.
Your loan can only be approved for the following:
White goods, heating/cooling appliances, visual/audio equipment, vacuum cleaners, smaller electrical items, etc.
Beds, dining suites, lounge suites, etc.
Lawnmowers/whipper snippers, etc.
Computers, mobile phones, etc.
Registration, green slip, tyres, windscreens, etc.
Medical aids, procedures and dental services
Visual aids, some dental procedures, medical appliances, etc.
Course fees, course materials, etc.
The St Vincent de Paul Society reserves the right to determine an applicant's suitability on a case-by-case basis.
You are eligible to apply for a loan if you are:
1. On a low income, or:
- Have a current Health Care Card, or Pensioner Concession Card or;
- Independently earn a household total of less than $45,000 (after tax) per year or;
- Have dependents or partners who earn less than $60,000 (after tax) per year.
2. Living at your current address for the last three months.* This may be waived in exceptional circumstances for:
- Applicants in transitional housing;
- People experiencing family violence;
- Those in state/community housing transfer;
- Applicants who have not had an address for an extended period;
- Those struggling to obtain a proof of residency (e.g. remote areas).
*Three months is the minimum period required to approve an applicant's payment history through bank statements, rental statements and other household expenses.
3. Willingness and capacity to repay the loan:
- Capacity to repay is determined through a budget process;
- Willingness is indicated by an applicant's management of current bills and commitments.
Start by going through the information in the NILS Documents Checklist. Contact us if you need further information or clarification. If you are eligible for a NILS loan, proceed to the next step.
Our team will contact you to arrange an interview. The interview can be done in person, by Skype, Facetime or over the phone.
Visit, call or email your nearest NILS site (listed below), and we will provide you with information about the application process and answer any questions that you may have.
Use the attached NILS Document Checklist to compile and complete required documents. Submit these to the St Vincent de Paul Society NILS site near you. You can personally deliver, post or email your documents.
Interview & application
Once we have received your documentation, we will be in contact to arrange an interview. In the interview, we will inform you of your rights and responsibilities and help you to apply for the loan. The interview usually takes between 30 minutes to one hour. Your final application will be submitted into the NILS system.
Assessment & approval
Only applications with complete information and documentation will be accepted for assessment. Our team will contact you within 24 to 48 hours regarding the outcome of your application.
Our team will pay for the item and make delivery arrangements based on your instructions.
Repayment of loan
You need to organise your loan repayments through Centrelink on a fortnightly basis that will allow you to repay the loan in 12 to 18 months.
Your repayments will go back to the NILS pool of funds from which other members of the community can also access NILS loans. You are able to apply for another loan once you have repaid outstanding loans, or prove the capacity to repay another loan.
You may contact or visit any of our NILS sites below or one closest to you. Our team will be happy to answer your questions and help you prepare your application.
Please note that loans are NOT approved for the following:
Bonds and rent, food, bills (gas, electricity, telephone, etc.), cash advances, fines or penalties, debt repayment/consolidation, removalist costs (unless leaving family violence), car repairs other than tyres and windscreens, used cars, second-hand goods, lay-by, microenterprise (including tools/equipment to be used for starting up a business), airfares, clothing and bundling small goods (e.g. kettles, toasters, blenders and sandwich press etc.)