Credit Guide

Archer Finance Corp. Pty Ltd

Australian Credit License No: 486188

This guide describes our obligations to all consumers and acknowledges your right to ask us about our services namely, the type of assistance provided, who we deal with, our responsible lending obligations and the costs you may incur in completing a transaction.

We are licensed to arrange loans and leases under the National Consumer Credit Protection Act 2009; (NCCP Act). The NCCP Act regulates the activity of lending, leasing and finance brokering to consumers.

Business Name:

Archer Finance Corp. Pty Ltd


175B Stephen St, Yarraville Vic 3013


03 8560 1555


Services we provide

We will help you choose a loan or lease which is suitable for your purposes. We will provide you with information on a broad range of financiers and products. Once you have chosen a loan or lease that is suitable for you, we will help you obtain a credit approval.

We source finance from a panel of lenders. Our current panel comprises of the lenders listed below (07/2016)

  • ANZ          
  • Adelaide bank
  • Bank west
  • Bank of Queensland
  • City bank
  • CBA
  • Connective Home Loans
  • Macquarie Bank Ltd
  • MKM Capital
  • NAB
  • Pepper Money
  • Suncorp
  • Westpac
  • St George

Our Responsible Lending Obligations

It is our duty to gain a reasonable knowledge of your current financial situation, financial objectives and borrowing needs before we can provide credit assistance that meets your requirements. As a credit licensee we and our representatives are required to:

  • Make reasonable inquiries about your financial situation, and your requirements and objectives
  • Take reasonable steps to verify your financial situation
  • Make a preliminary assessment about whether the requested credit facility is ‘not unsuitable’ for you based on the inquiries and information obtained in the first two steps.

When we have provided credit assistance

You can request a written copy of the preliminary assessment which will be provided free of charge. This request can be made at any time up to 7 years after we have provided credit assistance. When the request is made within 2 years of the date we provided credit assistance we will give you the preliminary assessment within 7 business days of the date of the request. Otherwise we will give you the preliminary assessment within 21 business days of the date of the request.

When we cannot provide credit assistance

We are prohibited by law from providing credit assistance that does not meet your requirements or objectives and/or where you could only comply with your financial obligations under the requested credit facility with substantial hardship or where other circumstances would make the requested credit facility unsuitable for you.

To decide this, we will need to ask you some questions in order to assess whether the loan or lease is not unsuitable. The law requires us to:

  • make reasonable inquiries about your requirements and objectives;
  • make reasonable inquiries about your financial situation;
  • take reasonable steps to verify that financial situation.

What are our fees?

With some credit products either in addition to or in lieu of the commissions that we will receive from the credit provider, if you proceed, we may charge you either an origination fee or brokerage fee. Details of all fees pertaining to a consumer credit contract will be provided to you in a Credit Proposal Disclosure, prior to you signing credit contracts. Fees may vary depending on the extent of assistance required. This single fee will be included in the principal loan amount, if agreed, and will be paid to us by the lender from the loan proceeds as per your signed authority.


Commission may be paid to us by the credit provider upon drawdown or settlement of the chosen credit facility. Commission amounts will vary between credit providers and may be subject to certain bonus commissions based on the total amount of settled credit facilities introduced by us to that credit provider during any month or promotional period. Therefore some Commission amounts may not be ascertainable at the time of the drawdown of the credit facility.  Where Commissions are not linked to the total volume of settled credit facilities they are usually calculated as a percentage, in the range of 0% to 4%, of the amount of credit provided.  Full disclosure of all ascertainable commission will be made in the Credit Proposal Disclosure, prior to you signing credit contracts.

Changes to our policies

We may change this privacy and credit reporting policy from time to time. Any updated versions of this policy will be posted on our website and will be effective from the date of posting.

This policy was last updated on 01/07/2016

To obtain a quote to tailor to your needs, call our friendly team at Archer on 03 8560 1555

Request a Quote