Hunter Region No Interest Loan Scheme
The overall aim of HRNILS is to provide families and individuals, who are on low incomes, with the opportunity to apply for a loan without the burden of interest charges or associated fees.
Singleton Neighbourhood Centre is an access agency that can provide assistance with applications for loans.
Advantages for HRNILS loans are:
Some examples of the products you may purchase are fridges, washing machines, computers, televisions, furniture and car registration.
The repayment of the loan enables HRNILS to relend the money to other members of the community.
What do I need to do to qualify:
Singleton Neighbourhood Centre is an access agency that can provide assistance with applications for loans.
Advantages for HRNILS loans are:
- They are without interest or fees but must be repaid within 18 months.
- Borrowing money from other lenders may cost you a lot more in the long run through excessive interest and fees.
- The HRNILS providers work with you to find the arrangement that works best.
- Dealing with an HRNILS service is free and confidential.
- Essential goods purchased with an HRNILS loan are brand new.
Some examples of the products you may purchase are fridges, washing machines, computers, televisions, furniture and car registration.
The repayment of the loan enables HRNILS to relend the money to other members of the community.
What do I need to do to qualify:
- Identification – photo ID, accounts in your name
- Must have lived in Singleton for 3 months
- A budget needs to be completed
- An appointment must be made – Wednesday and Thursday 9.30 am – 2.30 pm
- All paperwork required (listed in NILS pack) MUST be brought to appointment