This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems. Check your options before you borrow:
The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.
* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
Would it be really helpful for you if you get a loan? This is the question you must ask yourself before applying loans since these small term cash advances are accompanied by heavy interest fees. So, getting a loan every time you feel cash strapped would not be a convenient option for you. It should also be noted here that if repayment of the borrowed amount gets delayed then lender will levy penalty fees on you. In short, loan borrowing is quite expensive and should not be considered as a choice if there are other suitable options available for you.