StepUp

A small loan can be a big StepUP

What is StepUP?

StepUP is a Low Interest Loan from National Australia Bank.

It is only for people on low incomes.

  • Borrow between $800 – $3,000
  • No fees and low interest at 5.99% p.a. (Comparison rate* 5.99% p.a.)
  • Repay over a set term of up to 3 years
  • A credit check is required

StepUP loans are great for:

  • Second-hand cars and major car repairs
  • Multiple household items
  • Home maintenance and repairs
  • Some other items as requested

StepUP loans are not for:

  • Cash
  • Debt Consolidation
  • Holidays
  • Bills

Am I Eligible?

To qualify you must:

  • Have a Health Care Card/Pension Card, or receive Family Tax Benefit A
  • Have been at your current address for more than 3 months
  • Be able to repay the loan.

How do I apply?

Our StepUP Microfinance Worker will help you apply.

Call or email NILS Tasmania:
1300 301 650
reception@nilstasmania.org.au