What is a NILS Loan?
How it works:
Washing machine broke down? Unexpected car repairs? Need a laptop for work or study?
Life’s unexpected expenses can put pressure on any budget.
With a No Interest Loan (NILs), we’ll pay the supplier directly for an essential item or service (no cash provided), and you only repay what you borrow — with no interest, fees or charges.
NILs for essentials are small loans up to $2,000 with repayment terms up to 24 months.
For essentials you need now
NILs helps you buy essential goods and services.
- Check if your eligible and can afford to repay
- Choose what you need
- Get a quote and your documents ready
- Apply – complete your application through a NILs Provider
- Receive your item or service and pay us back at no interest
Check your Eligibility its Fast & Easy
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