no interest loan scheme

The No Interest Loan Scheme is an alternative form of credit for households on a low income in Mackay.  

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Loans can be for new items for the house, health or education but not for payment of bills and other loans or where other forms of financial assistance are available.  

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Households are eligible if they: 

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• are over 17 years of age

• are on a low income 

• have a stable housing history or are moving into permanent housing 

• have the capacity to repay and have the commitment to repay the loan 

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Loans are limited to $2000 and are to be repaid within 24 months. There are no fees or interest charged for these loans.  

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To proceed, contact us for an appointment.  

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