Financial assistance for Melton’s low-income families is being taken to a higher level.
StepUp is a not-for-profit initiative set up by the Good Shepherd charity to assist Melton residents on low incomes buy household necessities.
Good Shepherd financial security manager Sally Edwards says the organisation has been providing StepUp loans around Australia for more than 12 years.
The low-interest loans enable residents to borrow between $800 to $3000 with up to three years for repayment and no fees.
“We’re thrilled to be extending this program to residents in Melton and Brimbank because we have identified a high need in these areas,” Ms Edwards said.
“These loans, while small, can be a big help to individuals and their families. They also provide an alternative to payday lending where people can get trapped in a cycle of debt.”
Loans have been used for items such as fridges, washing machines, furniture, computers, medical expenses, vocational education and car repairs, Ms Edwards said.
A client, who asked not to be named, says a StepUp loan provided relief.
“You have no idea the difference this has made to my life,” she said.
“The loan helped me get a car. This has helped me do the shopping and, most importantly, it has helped me get back into my volunteering.”
StepUp loans are available for people who hold a Centrelink Health Care Card or Pension Card or qualify for Family Tax Benefit A and have lived at their current address for more than three months.
The Good Shepherd office is open Monday to Friday from 9am-5pm. Details: 8312 8835
