Loans - Welcome to LECNA

What is NILS?

No interest and no charges, EVER

Washing machine broke down? Unexpected car repairs? Need a new laptop for work or school? We’ll pay the invoice for you (NO CASH).

Unexpected expenses are bound to pop up from time to time. Don’t choose an option that might get you into trouble later. With NILs, you only pay back what you borrow, nothing more.

How does NILS work

Once your application is approved, submit your invoice and NILs will pay the cost of these essentials straight to the supplier/shop. Loans cannot be used for cash, bills, debts or rent.

How much can I borrow?

Borrow up to $2000 for essentials such as appliances or furniture, car repairs, a new computer or laptop, medical, dental or vet expenses.

Borrow up to $3000 for bond on a new rental property or for recovery from a natural disaster.

Contact us today to check your eligibility and start your No Interest Loan application [email protected] or 07 3808 4529.

Am I eligible?

· have a Health Care or Pension Card

· earn less than $70,000 (before tax) as a single

· earn less than $100,000 (before tax) if you have a partner or dependents

· have experienced family or domestic violence in last 10 years

AND

· you have lived at your current address for a minimum of three months

AND

· you can afford to repay the loan (Centrepay and direct debit available).

What can I use a loan for?

Borrow up to $2000 for essential goods and services including:

· Household items like appliances, whitegoods & furniture

· Car repairs

· Medical, dental, wellbeing and life event expenses

· Technology like a computer or laptop (up to $2000 limit)

· Technology like a phone, tablet and other small electronic devices (up to $1000 limit)

· Education expenses like fees or uniforms

· Employment expenses like licenses or equipment

Borrow up to $3,000:

· Bond on a new rental property

· Costs associated with a natural disaster

NILs cannot be used for cash, bills, rent or debts.

How long do I have to repay my loan?

The maximum loan repayment term is 24 months.