Scope of Authorisation

As an authorised credit representative of Platinum Direct Finance Australia Pty Ltd, ACL number 384428 a related entity of COG Financial Services Ltd, I am authorised to engage in the following types of credit activities under the National Consumer Credit Protection Act 2009 (NCCP Act):

• Providing Credit Assistance.

Assisting consumers in applying for, varying, or remaining in credit contracts or consumer leases with credit providers or lessors.

• Acting as an Intermediary

Acting as an intermediary between consumers and credit providers to facilitate the application, variation, or ongoing management of credit contracts.

• Credit Assessment and Recommendation

Conducting assessments to determine the suitability of credit products for consumers based on their financial situation, needs, and objectives.

Providing recommendations on credit products that meet the consumer’s requirements and are not unsuitable.

• Referring Consumers to Credit Providers

Referring consumers to credit providers with whom we have agreements in place and assisting them in understanding and completing the required documentation.

• Providing Information and Advice

Offering information and general advice about credit products, features, and options available in the market.

Specific Authorised Activities

 Home Loans

 Assisting with applications, variations, and ongoing management of home loans, including refinancing and debt consolidation options.

 Personal Loans

 Assisting with personal loan applications, including unsecured and secured personal loans.

 Car and Asset Finance

 Facilitating applications for car loans and other asset finance products, including novated leases and chattel mortgages.

 Credit Cards

 Providing assistance with credit card applications and understanding the features and benefits of various credit card products.

 Consumer Leases

 Assisting with consumer lease agreements, ensuring compliance with consumer protection regulations.

Responsible Lending Obligations

As an authorised credit representative, I am committed to meeting responsible lending obligations by ensuring that any credit product recommended to a consumer is suitable for their financial situation and objectives. This involves:

• Making reasonable inquiries into the consumer’s financial situation, needs, and objectives.
• Verifying the consumer’s financial situation where necessary.
• Assessing whether the proposed credit contract or consumer lease is not unsuitable for the consumer.

By providing these services, I aim to help consumers make informed decisions about their credit options and ensure that they receive credit products that are appropriate for their needs and circumstances.