WHAT IS VINNIES NILS?
No Interest Loans (NILs) provide individuals and families on low incomes with access to safe, fair and affordable credit.
NO FEES NO CHARGES NO INTEREST
Loans are available for essential goods and services such as fridges, washing machines, car repairs and medical expenses for up to $2,000.
Repayments are then set at an affordable amount over a 12 to 18 month time period.
NILS works through a process called 'circular community credit'.
This means when you make a repayment to NILs, the funds are then available to someone else in the community.
