FDV No Interest Loans (NILS)

(NSW Wide)

DVSM have partnered with Good Shepherd Australia to offer our clients additional support with No Interest Loans.

No Interest Loans (NILs) are a smart loan option to help our clients manage their money. Up to $2,000 can be borrowed for essential goods and services with no fees, no interest, and no charges, EVER.
NILS provides our clients the opportunity to only pay back what they borrow and nothing more.

There are times in life, despite how hard you try to keep on top of things, when unexpected expenses pop up. Washing machine has broken down? Unexpected car repairs? Car registration due? Need a new laptop for work or school? NILs will pay the cost of these essential goods or services straight to the supplier / vendor. Loans cannot be used for cash, bills or debts.

Women, trans women and non-binary people are eligible for our FDV NILs program if they:

Have experienced family or domestic violence in the past 10 years
Are aged 18 and older
Hold a visa that expires beyond the loan term, or are an Australia Citizen or Permanent Resident
Have a source of income enabling repayment of the loan - this can be solely government payments. (Affordability is assessed through the process)
There is no upper income threshold

How much can I borrow?

Borrow up to $2000 for essentials such as appliances or furniture, to help you get your car back on the road, pay for education fees and equipment or help you cover the cost of goods and services to support your wellbeing.

Borrow up to $3000 for housing related expenses such as bond or rent in advance, or for recovery from a natural disaster.

What can I use a NILs loan for?

Borrow up to $2000 for essential goods and services including:

Household items like appliances, whitegoods & furniture
Car repairs & registration
Medical, dental, wellbeing and life event expenses
Technology like a phone or laptop
Education expenses like fees or uniforms
Employment expenses like licenses or equipment

Borrow up to $3,000 for:

Bond & rent in advance
Rates
Costs associated with a natural disaster

Am I eligible?

Earn less than $70,000 annual income (before tax) as a single person or $100,000 annual income (before tax) if you have a partner or children
OR Have experienced family or domestic violence in the last 10 years
OR Have a Health Care Card / Pension Card

AND You can show you can afford to repay the loan

Find out more here