What is Australian Credit License? Do I need a credit licence to work in Australia? How to apply for a credit licence? What are the requirements for a licence?
If you are setting up a new consumer credit business, you must not engage in credit activities until you have been granted a credit licence , or you are otherwise permitted to engage in credit activities (e.g. authorised as a credit representative). See full list on asic.
Lodging online for creditPlease ensure that the online application and declarations are submitted by: 1. The assessment of your application will include: 1. National Credit Act, which aim to ensure that you operate your credit business properly, and 2. Holding a credit licence does not guarantee the probity or quality of the licensee’s services. RG 2Applying for or varying a credit licence. Lodge an annual compliance certificate using Form CL08.
Applying for an Australian Credit Licence (ACL) can be a very daunting process, especially if you haven’t been exposed to the application process before. Whether you’re a credit representative, looking to apply for your own licence , or you want to just get into the consumer credit space, there are many things you need to know before. (more…)