Step UP Loans


A Step UP Loan is a non profit loan developed with Good Shepherd Youth and Family Service. These personal, unsecured loans are between $800 and $3000 for individuals and families living on a low income and are offered at a low interest rate. The loans provide affordable credit for the purchase of essential personal, household and domestic goods and services (eg. refrigerators, washing machines, medical expenses, cars and car repairs, computers). Repaying a Step UP low interest loan establishes a credit rating with the credit bureau. Recipients are 'mentored' by a microcredit worker throughout the loan process and repayment period. Step UP Loans are available for individuals or families. You need to live in eligible locations in New South Wales, Victoria, Western Australia and South Australia.

The individual or family must also:

- hold a current Centrelink Healthcare Card or Pension Card or are eligible to receive Family Tax Benefit

- have lived at their current address for more than six months.

You may still be eligible for a Step UP Loan if you:

- have a poor credit history

- hold an existing loan or mortgage but are currently unable to access normal bank loans because of a change in circumstance

- are over 70 years of age.

How much can I borrow?

The maximum value of a Step UP Loan is $3000. The minimum value of a loan is $800.

- The loans come with a low fixed interest rate for the period of the loan.
- Loans may be taken out for six months to three years.
- There are no fees.
- Loan repayments can be made weekly, fortnightly or monthly.

What if I have a poor credit history or some bad debts?

You may still qualify for a Step UP Loan, so please contact a microcredit worker at an eligible location near you.

The amount of outstanding debt will need to be less than $500 and you will have to arrange to repay the outstanding debt. The microcredit worker at your location will be able to help you identify any debt that may sit with an external credit checking agency. They will also be able to provide advice on how to repay outstanding debt.

What can I borrow money for?

Step UP Loans can be used for:
furniture, house maintenance and repairs, medical and dental expenses, second hand cars, car repairs, airfares (for refugee family reunion or emergency, computers, vocational educational costs

This loan list is not exhaustive. Loans are not limited to one item.

Step UP Loans are NOT for: consolidation of any debt, fines, Christmas expenses, bills, holidays, cash

Where are these loans offered?

As part of the loan application process you will need to contact a microcredit worker at one of these locations.


Bendigo - (03) 5441 5277
Collingwood - (03) 8412 7317
Dandenong - (03) 9791 8344
Horsham - (03) 5362 3202
St Albans - (03) 8312 8800
Wodonga - (02) 6055 8000

New South Wales

Liverpool - (02) 9821 1014
Inner Sydney (Marrickville & Surry Hills) - (02) 8571 7800
Western Sydney (Mt Druitt) - (02) 9832 2300
Bathurst/Cowra/Orange - (02) 6332 4866
Lithgow - (02) 6352 2077
Lismore - (02) 66217 397
Newcastle - (02) 4925 2004
Warilla - (02) 4297 6595

South Australia

Adelaide - (08) 8202 5180
Bowden - (08) 8245 7100
Christies Beach - (08) 8329 1700
Gawler - (08) 8522 4522
Mount Gambier - (08) 8724 9211
Murray Bridge - (08) 8532 6303
Port Adelaide - (08) 8440 2290
Port Augusta - (08) 8642 4357
Port Pirie - (08) 8633 8601
Whyalla - (08) 8645 8233

Western Australia

Geraldton - 1300 365 301
Perth - (08) 9354 7611
Broome - (08) 9192 2765


Statewide Service - 1300 301 650


Cairns - (07) 4080 7400
Gold Coast - (07) 5561 4712
Inala/Ipswich - (07) 3716 1200
Logan East - (07) 3808 4529

No Interest Loans For People With Low Income From Care Inc.

Care Inc. in Australia offers no interest loans for people with low incomes to purchase items such as washing machines, refrigerators or repairs. This loan cannot be used for reoccurring expenses such as rent, car registration, electricity bills or debt consolidation. This no interest loan is provided to people on low incomes who need an essential household item, are ACT residents, hold a Centrelink health care card, can show that they can afford to repay the loan and have been in permanent accommodation for 6 months or longer.

For more information on this loan please visit their website at ( ).

You may also be interested about information and locating lenders who offer Debt Consolidation Loans In Australia .

Find out information about and locate lenders who offer unsecured short term or Payday Loans In Australia with a less then perfect credit history.

You may also be interested on learning about and locating lenders who offer bad credit Secured Loans In Australia that can be backed by a motorcycle, car, truck, home, boat, etc.

Disclaimer: The above information was written in good faith, but we cannot guarantee accuracy or credit approval. If you feel the information is inaccurate or have a financial institution you wish to add to our list, please email us at [email protected]. Please check with lenders for current interest rates.