MercyCare / Community Services / Family, Children and Community / Financial Support

MercyCare Lending Services

No Interest Loans (NILs) a financial support program to help you build a better life, for yourself and your family

MercyCare is proud to offer No Interest Loans (NILs), an interest-free loan service that provides affordable and manageable loans with no interest charges or fees, to help build a better life for you and your family.

You could be eligible to borrow between $100 to $1,500, with negotiable repayment periods between 6 and 18 months.

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What can No Interest Loans (NILs) be used for?

MercyCare’s interest free loans are intended to assist people with purchases of basic household goods, health procedures, or to develop skills that will help them find employment.

Our No Interest Loans (NILs) are available for a range of items, including (but not limited to):

Household goods, such as a refrigerator, freezer, washing machine, TV and similar
Training, including accredited TAFE Certificate III and IV courses and non-accredited courses
Vehicle costs, including registration, repairs and driving lessons
Education related items (computer/laptop, school booklists, books, education fees etc)
Some health procedures, such as dental, optometry, medical aids or medical equipment (such as blood pressure monitors).

Am I Eligible?

To be eligible for an interest free loan, you must:

Be 17 years or older
Be an Australian citizen or a permanent resident of Western Australia
Have been living at your current address for the past three months
Have a Health Care Card or be a low-income earner ($45,000 for single or $60,000 for single with dependents and couple per annum)
Demonstrate you have the means to repay the loan

What Do I Need to Provide?

The exact documents you require will vary depending on the intended purpose of the interest free loan, but the documents below give a good idea of what’s required. Speak to our friendly team to determine what you need.

Two items of ID: One photo ID (Driver’s License, passport, etc) and one other ID (Centrelink Health Care Card, Medicare Card or similar)
Bank statement for the past 90-days, starting from the day of the application
Current Centrelink Income statement
Current Centrelink Deduction statement (if applicable)
Last three (3) payslips (if working)
Proof of vehicle ownership (for car-related loans)
Current tenancy agreement or Mortgage Statement
Current utility bills
Current quotation of product or services required
(Please ensure that your quote is addressed to you, with full item/service reference number and total cost along with the ABN and bank details of the service provider)