No Interest Loans

No Interest Loans

WA NILS are here to keep you moving forward and are a real alternative to payday lenders and rental companies.

Low Interest Loans

Low Interest Loans

StepUP Loans are a low interest loan for people who have difficulty accessing credit from a bank.

AddsUP Savings Plan

AddsUP Savings Plan

We’ll show you how to save $500 and receive another $500 just for being a great saver

Affordable Insurance

Affordable Insurance

We can provide you with information to access affordable car and contents insurance only available to people on low incomes.

WA NILS also manages StepUP Loans for Western Australia.

StepUP Loans are a community loan developed by NAB and Good Shepherd Microfinance. These personal, unsecured loans are between $800 and $3000 for individuals and families living on a low income and are offered at a fixed interest rate of 5.99% p.a (Comparison rate 5.99%* p.a)

The loans provide affordable credit for the purchase of essential personal, household and domestic goods and services (eg. refrigerators, washing machines, medical expenses, cars and car repairs, computers, dental expenses, vocational educational costs).

Recipients are ‘mentored’ by a Microfinance Worker throughout the loan process and repayment period. (Loan applications can’t be made at a NAB branch)

To apply for a StepUP Loan contact a Microfinance Worker at the WA NILS office on 9263 2199 or CLICK HERE to lodge an online enquiry.

For frequently asked questions and more about a StepUP Loan please CLICK HERE

*Comparison rates are based on a loan of $2,500 over a term of 2 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Terms and Conditions Apply. Approved purposes only (no cash loans) NAB is the product issuer and is subject to NAB’s credit assessment ©2014 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686