1300 66 12 77

Credit guide

Credit guide

School Fee Finance Pty Ltd

ABN 84 167 269 641
Australian Credit Licence 452130
Address: PO Box 910, Chatswood, NSW 2057
Phone:  1300 66 12 77
Email:  info@schoolfeefinance.com.au
Website:  www.schoolfeefinance.com.au

Credit guide

This credit guide has information about us, our responsible lending obligations under the National Consumer Credit Protection Act (the NCCP Act), and what you can do if you have a complaint. Our contact details are above.

Responsible lending

Under the NCCP Act, we must not enter into a credit contract with you, or increase the credit limit of a credit contract with you, if the contract is unsuitable for you. The contract will be unsuitable for you if, at the time the contract is entered into or the credit limit is increased, it is likely that you will be unable to comply with your financial obligations under the contract, or could only comply with substantial hardship, or the contract does not meet your requirements or objectives.

We must make an assessment whether the contract will be unsuitable for you before entering into a credit contract with you or increasing the limit of an existing credit contract.

We must give you a copy of our assessment (at no charge to you) if you request it:

  • before entering the credit contract or before the credit limit is increased, if you make the request before then;
  • within 7 business days, if your request is made within 2 years of entering into the contract or the credit limit increase; and
  • otherwise, within 21 business days.

We do not need to give you a copy of the assessment if your request is made more than 7 years after entering into the contract or the credit limit increase, or if the credit contract is not entered into or the credit limit is not increased.

Complaints

We have a dispute resolution procedure. If you have a complaint, you should contact us first, by using any of the contact details shown above. If you are unhappy with any decision or the handling of the complaint by us, you can refer your complaint for external resolution to Credit and Investments Ombudsman Limited (CIO). This service is available at no cost to you. Contact details for the CIO are below.

Phone:  1800 138 422 or 02 9273 8400
Mobile MMS: info@cio.org.au
Fax:  02 9273 8440
Post:  PO Box A252, Sydney South, NSW 1235
Website:  www.cio.org.au