No Interest Loans - Vehicles
Funding Providers
Good Shepherd Australia New Zealand
Location
Australia WideFunding Type
Low or no-interest loan U00265
Primary Category
Community developmentEligible to
- Individuals
Funding
Amount (max): $5,000Total pool: Undisclosed
Round(s)
Ongoing
Purpose
Good Shepherd Australia New Zealand provide No Interest Loans (NILs) for individuals and families on low incomes with access to safe, fair and affordable credit.
Overview
No interest and no charges, EVER
Car has finally packed it in but you can’t survive without it? Don’t have the cash to replace it? Before you turn to a high interest lender, consider NILs for your next vehicle purchase.
Unexpected expenses are bound to pop up from time to time. NILs help you manage your money and you only pay back what you borrow, nothing more.
How does NILS work?
Submit your invoice and NILs will pay the cost of the vehicle straight to the supplier / vendor. Loans cannot be used for cash, bills or debts.
How much can I borrow?
Borrow up to $5000 for the purchase of a vehicle linked to day-to-day essential use – a car, scooter, motorcycle or mobility scooter. (Not: Note available for e-scooters)
Limitations
You are eligible if:
- 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
To find out if you are eligible to apply for a No Interest Vehicle Loan call 1300 645 748.
Applications / Guidelines
Contact Details
- Phone: 1300 645 748
We take pride in ensuring our data is up to date and accurate, but you should not rely on our data alone. Please double-check important information on the funder's website before applying.