StepUp Loans Queensland – Small Low Interest Loans

The StepUP program is no longer available – Learn about other loan options here.

If you are in need of a small loan up to $3000, StepUp is a safe and inexpensive option. It is a low cost loan designed for low income earners and those who do not qualify with banks.

These loans are provided on a non-for-profit basis through Good Shepard Microfinance in partnership with the NAB.
 
 
Loan Details:
Loan size: $800 – $3000
Interest rate: Fixed rate at 5.99% p.a.
Period: set term up to 3 years
Costs: No fees

 
Loan Uses:
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
– Computer/Laptop
– 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.

Eligibility Criteria
– 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 Queensland
There are five StepUp loan providers in Queensland – 1 in Cairns, 1 on the Gold Coast and 3 in the Brisbane area. Simply contact your nearest StepUp office by enquiring online or calling.

Office Locations and Contact Details

Shelter Housing Action – Cairns Area StepUp
3 Brisbane Street
Parramatta Park, QLD, 4870
Phone: 07 4080 7400

St Vincent De Paul Society – Inala/Ipswich Area StepUp
9 Jijaws Street
Sumner Park, QLD, 4074
Phone: 07 3716 1206

Logan East Community Neighbourhood Assoc. Inc – Logan Area StepUp
55 Cinderella Drive
Springwood, QLD, 4127
Phone: 07 3808 4529

Kyabra Community Assoc. Inc – Runcorn Area StepUp
Kyabra Street
Runcorn, QLD, 4113
Phone: 07 3373 9499

St Vincent De Paul Society – Arundel Area StepUp
104-112 Allied Drive
Arundel, QLD, 4214
Phone: 07 5514 5306

*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:
In addition to financial assistance from StepUp, there are other social services like non-profits that can help with bills, rent, food and small cash loans or grants. If you are struggling with your finances, there are multiple things you can do to help improve your situations.

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.
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.