See: https://www.salvationarmy.org.nz/get-help/welfare/community-finance-low-income-loans
The Community Finance scheme offers affordable loans for approved people on low incomes (wage earners or benefit recipients).
Loan applications are made through approved our Community Finance centres, which then work with you throughout the life of your loan, monitoring repayments and providing support and financial education.
What type of loans are there?
Two types of loans are available:
- No Interest Loan (NILS) of up to $1000 for a maximum of 18 months.
- Low-interest StepUP loan from $1000 to $5000 at 6.99% for a maximum of 36 months.
