CREDIT GUIDE		

Beagle Finance Pty Ltd is licensed to arrange finance under the National Consumer Credit Protection Act 2009 (Cth.). This Act regulates the activities of lending, leasing and finance broking.

1.	Key information

Australian Credit Licence holder	Beagle Finance Pty Ltd(ACN  140 290 268)	
Address	Level 14, 74 Castlereagh St,  Sydney  NSW 2000	
Phone and e-mail	1800 466 085  lk_support@loankit.com.au 	
Australian Credit Licence number	383640	
Internal Complaints Officer contact details	Compliance and Customer Service Manager – details as above	
External Dispute Resolution Scheme details	Credit Ombudsman service Limited phone 1800 138 422
www.cosl.com.au	

2.	 Our credit representatives

We have appointed a number of Credit Representatives to provide services to you. Details of the Credit Representative with whom you are dealing are:

Credit Representative’s name	Toong Yeong	
Address	30 Campbell Street, Eastwood NSW 2122	
Phone 	02 9874 4068 	
E-mail	toong@asiacapitalpartners.com.au	
Credit Representative number	421195	
External Dispute Resolution Scheme details	Credit Ombudsman service Limited phone 1800 138 422
www.cosl.com.au	

The Credit Representative (or the business for which the Credit Representative acts) will receive the commissions referred to in Part 6 of this document above.

3.	Services provided

We will assist you in making the choice of a loan or lease that is suitable for your purposes.

We will provide you with information on a broad range of finance providers and loan products. Once you have chosen a loan or lease that is suitable for you, we will assist in obtaining approval for the finance. 

We source finance products from a panel of finance providers. Our current panel comprises the following providers:

Residential Loans

Adelaide Bank
AMP Banking
ANZ Bank
Australian First Mortgages
Bank of Melbourne
Bank SA
Bankwest
Commonwealth Bank
Citibank
Finloan
Heritage Bank
Homeloans Ltd
Homeside Lending
ING Direct	La Trobe Financial Services
Liberty Financial
Macquarie Bank
MKM Capital Pty Ltd
National Australia Bank
Nationalcorp Home Loans
Pepper Homeloans
RedZed Lending Solutions 
Resimac
St George Bank
Suncorp
The Rock Building Society
Westpac

Personal Loans

ANZ 	GE Money	

Asset & Motor finance

Australian First Mortgages
LeaseChoice
Liberty Financial	Macquarie Leasing
Mildura Finance	

We may also be able to source finance products for you from lenders not listed here.

4.	Information will be required from you

Under the NCCP Act, we are obliged to make sure that any loan, or principal increase to a loan, or lease that we assist you to obtain is not unsuitable for you. We will need to ask you a series of questions to make this assessment. The law requires us to:

•	make reasonable enquiries about your borrowing objectives and requirements;
•	make reasonable enquiries about your financial situation; and
•	take reasonable steps to verify the details of your financial situation. 

Credit will be unsuitable if, at the time of making the assessment, it is likely that, at the time the recommended loan or lease is made:

•	you cannot afford to repay the loan or lease or can afford to repay it only with substantial hardship; or
•	the loan or lease does not meet your borrowing objectives and/or requirements.

For these reasons, we must ask you to provide us with a significant amount of information, much of which we will need to verify. It is therefore very important that the information you provide to us is accurate and complete. 

If we provide you with credit assistance, we are required to provide you, upon your request, a copy of our preliminary credit assessment for up to seven years. 

5.	Information provided by us

We do not provide financial or legal advice. It is important to understand your legal obligations under a proposed loan or lease and the financial consequences imposed by the debt. If you have any doubts, you should obtain independent financial and legal advice before you enter into any finance contract.

We do not make any representations about the current value of any real estate you finance through us, or the future prospects of its value. You should always rely upon your own enquiries. 

6.	Fees payable by you

We may charge you for our services if you apply for a home loan, an investment property loan, a personal loan or a lease. If a fee is to be charged, this will be disclosed to you in a Credit Quote which will be provided to you before applying for finance. 

You may need to pay fees to us on behalf of third parties. Again, if these fees are to be paid, they will be detailed in your Credit Quote. 

You will need to pay fees to the finance provider. These will be detailed in a Credit Proposal that we will provide to you before applying for finance.

7.	Commissions received by us

We may receive commissions from the finance provider that provides your loan or lease. These are not fees payable by you. Further details of the commission earned by us will be provided in the Credit Proposal that we will provide to you before applying for finance.

We may receive additional commissions or bonuses from finance providers relating to the volume of finance that we arrange. Such payments are dependent upon a number of factors and cannot be quantified at this point. 

8.	Commissions and fees payable by us

Referrals from a broad range of sources are sourced by us and our representatives. For example, we or our representatives may pay commissions or fees to call centre companies, real estate agents, accountants, solicitors or other businesses for referring you to us. These are not fees payable by you. Any referral fee or commission paid in relation to your referral will be disclosed in the Credit Proposal that will be given to you before applying for finance.

9.	Our internal dispute resolution scheme

We hope that you are delighted with our services. However, if you have any complaints, you can raise these directly with the representative with whom you are dealing. If you are not satisfied with the response that you receive, you may contact our Compliance and Corporate Standard Manager, by telephoning 1800 466 085 , or writing to Level 14, 74 Castlereagh St,  Sydney  NSW 2000.

When we receive a complaint, we attempt to resolve it as quickly as possible, subject to a full investigation of all the circumstances involved. 

10.	Our external dispute resolution scheme  

If you are not satisfied with the outcome of your complaint, you may refer the matter to the Credit Ombudsman service Limited, an ASIC-approved External Dispute Resolution scheme. External dispute resolution is a service provided at no cost to you, giving you access to an independent mechanism for the resolution of specific complaints or disputes. 

11.	Privacy disclosure statement

We are collecting personal and financial information about you to provide you with our broking services. 

1.	The information you provide will be held by us and our mortgage aggregator, Beagle Finance Pty Ltd trading as LoanKit (Australian Credit Licence 383640).
2.	We may use credit information and any other information you provide to arrange or provide finance and other services. 
3.	We may exchange the information with the following types of entities
•	Persons who provide finance or other products to you, or to whom an application has been made for those products.
•	Financial consultants, accountants, lawyers and advisers
•	Any industry body, tribunal, court or otherwise in connection with any complaint regarding our services
•	Any person where we are required by law to do so
•	Any of our associates, related entities or contractors
•	Your referees, such as your employer, to verify information you have provided
•	Any person considering acquiring an interest in our business or assets
•	Any organisation providing online verification of your identity
4.	We will not disclose your information to overseas entities.
5.	You may gain access to the personal information that we hold about you by contacting us. You can also contact us for a copy of our privacy policy. Our privacy policy contains information about how you may access or seek correction of the information we hold about you, how we manage that information and our complaints process. LoanKit’s privacy policy is available from www.loankit.com.au.

If you do not provide the information we may be unable to assist in arranging finance or providing other services.

12.	Do you have any questions?

If you have any questions about this Credit Guide or about any other aspect of our services, please do not hesitate to ask us at any time. We are here to assist you.