Terms & Conditions

1. Agreement to Terms

By accessing and using the Breezy Loans website and services, you agree to be bound by these Terms & Conditions. If you do not agree to these terms, please do not use our services. Breezy Loans Pty Ltd reserves the right to modify these terms at any time.

2. About Breezy Loans

Legal Entity: Breezy Loans Pty Ltd

ABN: 29 627 702 943

Credit License: 389610

Credit Representative: 514197

Breezy Loans is an Australian credit provider licensed to provide credit assistance and personal loans to Australian consumers.

3. Loan Application & Eligibility

3.1 Eligibility Requirements

• Must be 18 years or older
• Must be an Australian resident or citizen
• Must have a valid income source
• Must complete the application truthfully and completely

3.2 Application Process

You agree to provide accurate, complete, and truthful information in your loan application. Any false or misleading information may result in:

• Application rejection
• Loan cancellation
• Legal action

4. Loan Agreement Terms

4.1 Loan Offer

Once approved, Breezy Loans will provide you with a formal loan offer outlining:

• Loan amount
• Interest rate
• Establishment fees
• Monthly fees (if applicable)
• Repayment schedule
• Total amount to be repaid

4.2 Loan Contract

You must sign the formal loan contract before funds are disbursed. The contract is legally binding and outlines your obligations as the borrower.

5. Fees and Interest

5.1 Interest Rate

Interest rates are provided in your loan offer and vary based on loan amount, term, and your financial situation. Typical rates range from 18% to 48% APR.

5.2 Establishment Fee

A one-time establishment fee (typically 5-10% of loan amount) is charged when the loan is approved.

5.3 Monthly Service Fee

Some loans include a monthly service fee (typically $5-$15). This will be disclosed in your loan offer.

5.4 Late Payment Fees

If you miss a payment by 3 or more days, a late payment fee of up to $10 may apply per missed payment.

6. Repayment Obligations

6.1 Payment Schedule

You agree to make payments on the dates specified in your loan contract. Payments are typically weekly, fortnightly, or monthly depending on your agreement.

6.2 Payment Methods

Payments can be made by:

• Automatic bank transfer (direct debit)
• Online bank transfer
• Phone payment
• In-person at our office

6.3 Early Repayment

You may repay your loan in full at any time without penalty. Early repayment will reduce the total interest paid.

7. Consumer Rights & Protections

7.1 National Credit Code

Your credit contract is governed by the National Credit Code. You have protections including:

• Right to receive clear disclosure of loan terms before signing
• Right to early repayment without penalty
• Right to complaint resolution
• Protection against unjust contracts

7.2 Credit Reporting

Information about your loan and payments will be reported to credit reporting agencies. This information forms part of your credit history and may affect your credit score.

8. Default & Enforcement

8.1 Default

You will be considered in default if:

• You miss a payment by 14 days or more
• You breach any term of the loan contract
• You provide false information in your application

8.2 Consequences of Default

If you default, Breezy Loans may:

• Charge additional default fees
• Demand immediate full repayment
• Take legal action for recovery
• Refer your account to a debt collection agency
• Negatively impact your credit file

9. Privacy & Data Protection

Your personal information is collected and handled according to the Privacy Act 1988 (Cth). Please refer to our Privacy Policy for full details about how we collect, use, and protect your data.

10. Liability & Disclaimers

10.1 No Financial Advice

The information on our website is general in nature and does not constitute financial advice. Before making any decisions, consider your personal financial situation and seek independent professional advice if needed.

10.2 Website Use

Breezy Loans makes no warranty that the website is free from errors, viruses, or malicious code. Use the website at your own risk.

11. Complaint Procedure

If you have a complaint about Breezy Loans services:

1. Contact us at hello@breezyloans.com.au with details of your complaint
2. We will respond within 1-2 business days
3. If not satisfied, contact the Australian Financial Complaints Authority (AFCA)

12. Governing Law

These Terms & Conditions are governed by the laws of Queensland, Australia. You consent to the exclusive jurisdiction of the Queensland courts.