Are you dealing with a financial situation that requires a small loan? Unexpected expense such as a car repair, household appliance or computer breakdown? Get details on how to get a loan up to $3000 through StepUp. These are low cost loans designed for low income earners and those who do not qualify with banks.
StepUp are provided on a non-for-profit basis through the Good Shepard Microfinance in partnership with the National Australia Bank.
Loan size: $800 – $3000
Interest rate: Fixed rate at 5.99% p.a.
Period: set term up to 3 years
Costs: No fees
Loans are to be used for everyday household needs and not entertainment or debt, examples include:
– White goods such as a washer/dryer, oven, fridge, etc
– Essential Furniture
– Vocational education
– Medical and dental expenses
– Second-hand cars or vehicle repair
* If you are in need of a loan to pay for bills, there are other free bill assistance programs available.
– Centrelink recipients accepted (must have a Pension or Healthcare Card or be collecting Family Tax Benefit A).
– Earn less than $35,000 a year after tax
– Must be able to prove length of residence in current home, you will need a minimum of 3 months.
– Credit check required
How and Where to Apply in the Northern Territory (NT)
There are two StepUp loan providers in NT, one is located in Ludmilla, in Darwin and the other in Alice Springs. Simply contact your nearest StepUp office by enquiring online or calling.
Office Locations and Contact Details
Anglicare NT– Darwin StepUp
5 Nemarluk Drive
Ludmilla, NT, 0820
Phone: 08 8985 0000
Anglicare NT– Alice Spring StepUp
16 Hartley Street
Alice Springs, NT, 0820
Phone: 08 8951 8000
Hours: 8:30am – 4:30pm Monday to Friday
*If you are not near any of the above locations, contact the national line on 13 64 57 to arrange alternative borrowing options.
Review Other Financial Assistance Programs Below:
Learn about other financial assistance programs, there are numerous other social services like non-profits that can help with bills, rent, food and small cash loans or grants. If you dealing with financial hardship, there are options available to help improve your situation.
Bill Smoothing – A highly effective budgeting tactic used by utility companies but can be used across all bills. This helps keep monthly expenses at a low manageable amount and avoids large one off bills like rego.
Advanced Payment – For those collecting Centrelink benefits, this allows you to access a portion of your future payments to pay for current needs.
Financial Counsellors – For any general or serious financial issues, counsellors can assist. They have the ability to provide professional advice on all situations. They also have strong partnerships with most financial aid programs to help. There are numerous office located throughout NT.
Centrelink Loans – If you are in a situation that requires cash, there are a range of responsible lending providers that help Centrelink recipients. Loans range from $100 to $4000 depending on lender and need.
Other Loan Options – In addition to the above, there are a range of other loan options for low income earners. This includes, bad credit, emergency, unemployed, single parent and more.