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Individuals

Individuals

Helping people gain skills for education, employment and entrepreneurship is the core of our purpose at MTC Australia. We will help you define your career goals, access no-cost education to help prepare you for employment or small business ownership and support you as you apply for jobs.

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For Employers

Whether you’re a large organisation with branches nationwide or a small family-owned business and whether you need new employees or want to develop existing ones, MTC can deliver the results you need to transform your business.

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About Us

MTC was established in 1989 in Marrickville by a team of just three. Now we’re a group of 450 dedicated people working at more than 40 locations across NSW and Queensland and every year we support 20,000 people with new skills, confidence and opportunities.

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Refer to MTC

Refer to MTC

For over 35 years, our referring partners have trusted us to help their customers find their path in life. Together we can achieve your customer’s unique ambitions so you can improve your outcomes and transform the impact you have in your community.

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No Interest Loans Scheme (NILS)

We understand that big household expenses sometimes come out of the blue. As a No Interest Loans Scheme (NILS) provider, MTC Australia facilitates loans for people who earn a low income.

If approved, this allows you to purchase white goods and other household items without having to worry about paying fees or interest.

Enquire now

How does the NILS work?

Loans are usually given from $200 up to a maximum of $2,000. This amount can vary depending on your financial circumstances. You can use the loan to buy energy and water-efficient white goods (like a fridge, washing machine, dryer, or hot-water heater) and household items such as furniture, a computer, an oven, or a TV.

 

You may also be able to use the loan to cover car expenses, medical costs, or education expenses. The loan can’t be used for cash advances or debt repayments.

Your repayment amounts can be tailored to suit your circumstances, so you don’t get caught short. The term of the loan is usually 12-24 months, with no fees or interest charged.

NILS is a recycling pool of money – as you make your repayments, the money becomes available for the next borrower. By paying back your loan, you’ll help other people benefit from the same opportunity.

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How much can I borrow?

Borrow up to $2,000 for essentials such as appliances or furniture, to help you get your car back on the road, pay for education fees and equipment or help you cover the cost of goods and services to support your wellbeing.

Borrow up to $3,000 for housing related expenses such as bond or rent in advance, or for recovery from a natural disaster.

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What can I use a NILS load for?

Borrow up to $2,000

for essential goods and services, including:

  • Household items like appliances, whitegoods & furniture
  • Car repairs & registration
  • Medical, dental, wellbeing and life event expenses
  • Technology like a phone or laptop
  • Education expenses like fees or uniforms
  • Employment expenses like licenses or equipment

Borrow up to $3,000

on housing related expenses, including:

  • Bond & rent in advance
  • Rates
  • Costs associated with a natural disaster

Am I eligible?

To be eligible for a loan from NILS, you need to:

earn less than $70,000 annual income (before tax) as a single person or $100,000 annual income (before tax) if you have a partner or children

OR have experienced family or domestic violence in the last 10 years

OR have a Health Care Card / Pension Card

AND you can show you can afford to repay the loan

be a resident of NSW or QLD

What identification do you need?

You must verify your identity either by the Green ID System or with 100 points of identification.

If you are unable to use the Green ID System, you’re 100 points of identification must include at least one of the following Primary Documents worth 70 points each:

  • Australian Drivers Licence
  • Australian Passport or other International Travel Document
  • Proof of Age Card
  • Birth Certificate
  • Citizenship Certificate
  • Social Security Pension or Pension Card

And may include any of the Secondary Documents 30 points each:

  • Medicare Card
  • Australian Taxation Office Notice
  • A Utility Bill
  • Tertiary Education Institution Photo ID
  • ID Card issued by a Foreign Government
  • International Licence
  • Licence Paper – Australian Government Issue
  • Rates Notice
  • ID Card, Permit, or Other Australian Government issue licence including Boat Licence, Shooting Licence, Firearm Licence, Security Licence, etc.

Other documentation

You must also be able to provide a document from each of these seven categories:

  • Proof of income (current Centrelink statement and/or your last three payslips)
  • Proof of housing expense
  • A bank transaction summary for the last 90 days (no more than 10 days old)
  • Gas and/or Electricity bills
  • Any other loan statements – (credit card, loan repayments, etc) that show your regular expenses
  • A quote of what your loan will be used for, including the retailer’s banking payment details
  • Details of a secondary contact person including name, phone number, email address, and relationship to you

At least one document from each of the seven categories must be provided. The documents cannot be more than one week old. MTC cannot accept substitutes for these documents.

How to apply for a NILS loan

To apply for a NILS loan, call MTC Australia on 1300 232 663 or fill out this enquiry form. You can also see more information in our factsheet.

We will then guide you through the application process and arrange an interview with you.

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