NILS Blackheath in Blackheath, New South Wales | Financial service

NILS Blackheath

Locality: Blackheath, New South Wales

Phone: +61 2 4787 7770

Address: Blackheath Area Neighbourhood Centre, Gardiner Cres 2785 Blackheath, NSW, Australia

Website: http://www.banc.org.au

Likes: 209

Add/Update information

Reviews

Tags

• Community
• Charitable organisation
• Financial service
• Loan service

25.01.2022 Payday lenders and rent-to-buy companies shouldnt get special treatment under the law to rip us off. Show your support for reforming payday lending and rent-to-buy laws. Like and share if you support fair finance.

25.01.2022 Blackheath Neighbourhood Centre is where you can get a NILS loan if you live from Leura out to Mount Victoria. Dont use shonky operators! http://www.smh.com.au//cashpoor-aussies-letting-shonky-ope

24.01.2022 Reminder - free Financial literacy workshop starts this Wednesday! Starting this Wednesday 15 March, 1.30-4pm, for 3 weeks. Week 1 - Know Your Income and Expens...es - know where you money goes (Wed 15 March) Week 2 - Managing your money - goals, saving, planning and preparing a budget (Wed 22 March) Week 3 - Managing your debt - looking at loans, cost of borrowing and so on (Wed 29 March) A great opportunity to be in control of your money! See our website at: http://www.lmnc.org.au///free-financial-literacy-workshops And did we say that it was free?! Places are available but you need to be quick - book in now! Call 4739 1164.

24.01.2022 Thousands of Australian seniors, families, singles and even students could be eligible to access hundreds of dollars interest-free. #9News | http://Nine.com.au

22.01.2022 Ditch payday lenders and rent to buy companies. Youll pay too much in interest! If you live on a low income, with No Interest Loan Schemes you can borrow up to $1,200.00 for the purchase of goods and services that benefit you and your family. For more information about where to access NILS in the Blue Mountains go to our website. https://bluemountainsnils.wordpress.com/

22.01.2022 A workshop focused on strengthening Good Shepherd Sisters financial inclusion projects and building a broader approach, to better #support #women living in vul...nerable conditions across Central America region, took place last July in El Salvador. Read more > http://bit.ly/workshop-financial-inclusion #financialinclusion Good Shepherd Microfinance See more

21.01.2022 Did you know that even though the rent-to-own or rent-to-buy contracts seem to offer an easy solution to consumers who want to own a costly product but cant afford it upfront, they actually often end up costing the consumer much more than the original price of the goods? No Interest Loans are a better, affordable alternative to rent-to-buy or consumer leases. You only pay what the item is worth and not a cent more. Call BANC on 47877770 for an appointment.

19.01.2022 The Fires Near Me app has had a facelift. This is the first of many improvements to the app so be sure to download the new version. #FiresNearMe #NSWRFS

19.01.2022 Call us for a no interest loan up to $1500. 0247877770

18.01.2022 Having trouble paying your debts? The National Debt Helpline may be able to help. http://www.ndh.org.au/

17.01.2022 Are you having problems with fines? Even if you don't think you can afford to pay a penalty notice, there are usually ways of dealing with it which will stop fu...rther action being take against you. In some cases you can even do voluntary activities to pay the fine. Want to know more? View online or order a free copy of our brochure 'Got a Fine' here: http://www.legalaid.nsw.gov.au/publicat/order-a-publication See more

17.01.2022 That "minimum payment" listed on your credit card statement is a trap. A nasty trap designed to keep you paying high interest for years to come.

17.01.2022 Don't get stuck in the trap of 'Afterpay'. Use our NILS (no interest loan) service instead.

16.01.2022 Dont forget this weekend is the first Blue Mountains Crop Swappers at Springwood Community Garden!! Please share.

16.01.2022 No Interest Loans (NILS) are provided by Blackheath Area Neighbourhood Centre, to enable people living on low incomes the opportunity to purchase significant, N...EW essential household items, or a service, that improves their quality of life or enhances social and economic participation. Depending on capacity to pay, eligible people can borrow up to a maximum of $1500.00 from July 1st. What will NILS provide loans for? These loans may be used to purchase essential household items for example: white goods such as fridges, washing machines essential electrical goods furniture medical equipment or for other worthwhile purposes such as education and training or driving lessons. Other purposes- if you are not sure about whether your item or service is eligible, call us to check. Community Money The funds to provide for these loans comes from the community, and so prompt and complete repayment enables the providers to re-lend the money to other members of the community in need. Repayments Repayments are tailored to suit individual circumstances The term of the loan is usually 12 months How much can I borrow? The maximum loan is dependant upon your ability to repay, however the usual maximum is around $1,500. Are you eligible to apply for a No Interest Loan? Can you answer yes to the following questions? Are you on a low income, i.e. holder of a Health Care Card? Have you lived at your current or previous address for at least three months? Do you have the ability to repay the loan over a 12 month period? Are you unable to qualify for other affordable loans? Will this loan improve the health and well-being of you or your family? How do I apply for a loan? If you have answered yes to all of the questions above, then you will need to: 1. Gather the following documents (your loan application may be delayed if you do not bring all of these documents to the interview): Your current Income Statement from Centrelink and/or Pay Docket from your employer. A document showing length of stay at current accommodation, e.g. Lease. Drivers License or other identification. Details of your usual household expenditure, including most recent rent receipt or mortgage statement, telephone, gas and/or electricity accounts. Any other outstanding accounts. Copy of your bank statement of the last 3 months. 2. Obtain written quotes for the item/service you wish to purchase (both online quotes or direct from seller are acceptable as long as they have an ABN). We do not approve loans for second-hand goods, goods purchased on websites such as Ebay or Gumtree, or items which have already had a deposit paid. We do approve loans for other types of online purchases (call us if youre unsure). 3. Call BANC on 4787 7770 to make an appointment for a loan interview. 4. Attend a loan interview, ensuring you bring all those documents. Decisions about loan applications are made by a loan provider. Clients are advised of the decision as soon as possible, generally within 48 hours of complete documentation being submitted.

15.01.2022 Good article in the SMH on how to avoid money traps for low income earners. http://www.smh.com.au//the-three-things-lowincome-earners-

14.01.2022 A competition for our clients.

14.01.2022 As a NILS worker, I see many loan applicants who are paying far too much in bank fees, sometimes up to $50 or more a month. If youre living on a low income this is a big chunk out of your wage or benefit. Check these sites from Choice Magazine and Mozo. Both provide some comparisons of bank accounts. https://www.choice.com.au//arti/top-fee-free-bank-accounts https://mozo.com.au/bank-accounts

12.01.2022 Dont get stuck in the trap of Afterpay. Use our NILS (no interest loan) service instead.

12.01.2022 Consumer groups gathered at Federal Parliament demanding action against the $2 billion easy money industry. Download the 7 News app: http://yhoo.it/2a8SxYV #EasyMoney #7News

08.01.2022 You can stop other families being ripped off. The Government has committed to stopping rent-to-buy and consumer lease rip offs. They need to hear your voice - l...et them know theyre doing the right thing. Email Michael McCormack: [email protected] and tell him thank you for accepting the Small Amount Credit Contract Review recommendations. Tell him its important to stop rent-to-buy rip offs as soon as possible.

07.01.2022 What does your credit score mean? Read our article to understand how your score works and ways you can improve it https://www.moneysmart.gov.au//borrowing-bas/credit-scores

06.01.2022 How payday loans work and what your other options are.

05.01.2022 NILS@BANC will be closed between Friday 23 December re-opening on 3 January 2017. Ring Blackheath Area Neighbourhood Centre if you would like to apply for a loan on 4787 7770.

05.01.2022 http://www.smh.com.au//rent-now-pay-forever-radio-rentals-

04.01.2022 Are you having problems with fines? Even if you dont think you can afford to pay a penalty notice, there are usually ways of dealing with it which will stop fu...rther action being take against you. In some cases you can even do voluntary activities to pay the fine. Want to know more? View online or order a free copy of our brochure Got a Fine here: http://www.legalaid.nsw.gov.au/publicat/order-a-publication See more

04.01.2022 Financial difficulties are stressful enough, without the added risk of losing your phone or internet connection. Your telco provider must have a financial hardship policy in place to assist customers. Find out your rights at http://www.acma.gov.au//what-should-i-do-if-i-cant-pay-my-

04.01.2022 Want to talk to a financial counsellor about credit card debt? Find one near you by entering your suburb/postcode here. https://goo.gl/7zpaCZ

03.01.2022 With over a trillion dollars in personal debt, debt vultures are preying on us. Its not a disaster waiting to happen - its happening now.

01.01.2022 This mum got one and she says it changed the course of her life.