NCCP - Dealing With Referrals
With the National Consumer Credit Protection Act (NCCP) coming into effect on 1 July 2010 our members need to be careful about what advice they give to their clients when they ask about home loans.
Unless the member holds an Australian Credit Licence or has been authorised as a credit representative of an Australian Credit Licence holder they must not give advice about specific loan products or make recommendations about the clients existing loans. The client should be referred to Mortgageport.
Please click here to view the Mortgageport Referral Agreement that outlines the terms in which clients can be referred to Mortgageport.
If you are interested in discussing further, please contact:
Paul Gow
Business Development Manager
P (02) 9466 8200
M 0413 156 747
E pgow@mortgageport.com.au
