1. About Breezy Loans
Business Name: Breezy Loans
Legal Entity: Breezy Loans Pty Ltd
Australian Business Number (ABN): 29 627 702 943
Australian Credit License: 389610
Credit Representative: 514197
Breezy Loans is a licensed credit provider authorised to provide personal loans and credit assistance to Australian consumers in accordance with the National Credit Code.
2. How We Operate
Important information about how Breezy Loans provides lending services:
- We are NOT a bank - we are a licensed credit provider
- We do NOT issue SACC (Small Amount Credit Contract) loans
- We match qualified applicants with partner lenders from our network
- We help facilitate loan origination and disbursement
- Our lender partners handle final credit decisions
- We comply with all Australian lending regulations and privacy laws
3. Product Disclosure
By applying with Breezy Loans, you understand that:
- Loan offers are subject to credit approval by our lender partners
- Interest rates vary based on loan amount, term, and your creditworthiness
- Typical interest rates range from 18% to 48% per annum
- Establishment fees, monthly fees, and late payment fees may apply
- Loan terms typically range from 6 months to 5 years
- You will receive a formal loan agreement detailing all terms before signing
- You have the right to withdraw your application within 14 days
4. Credit Reporting
Information about how your application affects your credit file:
- Your loan application will trigger a credit inquiry
- This inquiry may briefly impact your credit score
- If approved, your loan will be reported to credit reporting agencies
- Your payment history (on-time and late payments) will be recorded
- Default or non-payment will negatively impact your credit score
- Negative credit information remains on your file for 5+ years
- You have the right to access and correct your credit file information
5. Responsible Lending
Breezy Loans is committed to responsible lending practices:
- We conduct thorough affordability assessments
- We only lend what we believe you can afford to repay
- We comply with responsible lending obligations
- We provide clear and transparent information about all fees and charges
- We encourage you to seek independent financial advice if unsure
- We have complaint resolution procedures in place
6. Consumer Protections
As a borrower, you are protected by:
- The National Credit Code
- The Privacy Act 1988 (Cth)
- The Australian Securities and Investments Commission (ASIC) regulations
- The right to make a complaint to AFCA (Australian Financial Complaints Authority)
- The right to dispute unfair terms in your loan contract