No Interest Loan Program
What is it?
The No Interest Loan Program is a micro-finance program available for individuals on low to moderate incomes that are experiencing financial pressures.
The No Interest Loan Program allows individuals access to safe and affordable credit to purchase essential items.
The aim of the No Interest Loan Program is to provide individuals with credit when needed, and to assist them to transition to financial stability.
Repayments for No Interest Loans are made in affordable amounts for a period of between 12 and 18 months.
No Interest Loans cannot be used for bond, rent or debt repayments.
Who is eligible?
No Interest Loans are provided to ACT residents on a low to moderate income. Further information on eligibility can be accessed through the two community providers, listed below under the Contact section.
How do I apply?
To enquire about the No Interest Loan Program contact one of the below community organisations.
Phone: (02) 6257 1788
The Salvation Army
Phone: 0437 723 863