All Topics / The Treasure Chest / Registering as a Credit Provider

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  • Profile photo of ChrisBedfordChrisBedford
    Participant
    @chrisbedford
    Join Date: 2002
    Post Count: 23
    May 25, 2002 - 10:23 am

    If I am intending to wrap a property to a new buyer, I understand that although I am not technically providing credit, it is a good idea (in VIC) to register as a credit provider.

    Does anyone know of a channel through which to do this?

    Does anyone have any further comment on this subject?

    Thanks

    Profile photo of FWFW
    Member
    @fw
    Join Date: 2002
    Post Count: 478
    May 25, 2002 - 12:01 pm

    Hi Chris
    Go to http://www.legalonline.vic.gov.au
    Click on Money Matters on the left
    then choose Credit
    then Credit – Consumer and Business Affairs Victoria
    on the next page it explains about credit, you can download a pdf form at the bottom which you use to apply to be recognised as a credit provider (doesn’t cost you anything)
    and under legislation you can also click on Consumer Credit (Victoria) Act 1995 which opens up the act and you can print it out.

    Keep smiling
    Felicity 8-)

    Profile photo of ChrisBedfordChrisBedford
    Participant
    @chrisbedford
    Join Date: 2002
    Post Count: 23
    May 25, 2002 - 1:33 pm

    Ah…just what I was after. [^]

    Thanks Felicity

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