Warning about borrowing

*This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009 [1].

Important Financial Notice

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems. Check your options before you borrow [1]:

Before taking out any credit contract, evaluate if your current debt habits can be consolidated, optimized, or settled through alternative government programs.

Alternative Financial Pathways

  • For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor [1].
  • Talk to your electricity, gas, phone or water provider to work out a payment plan [1].
  • If you are on government benefits, ask for an advance from Centrelink: www.humanservices.gov.au/advancepayments [1].

ASIC MoneySmart Resources

The Government’s MoneySmart website shows you how small amount loans work and suggests other options that may help you [1].