Loans and credit cards. Read the credit guide

Loans and credit cards. Read the credit guide

ASIC licenses and regulates banking institutions, credit unions and agents to make certain they don’t give credit you simply cannot pay off. ASIC also takes action against economic providers who mislead, are misleading or demonstrate unconscionable conduct (conduct therefore harsh it goes against good conscience).

Here we give an explanation for guidelines around credit and exactly how they affect you as being a consumer.

What things to check always before you borrow cash or sign an agreement

All loan providers, lessors and finance agents needs to be licensed by ASIC or be an agent of somebody that is certified.