Responsible Lending
Golden Bridge Cash Solution is committed to responsible lending. We assess each application individually and consider whether the proposed loan is suitable for the customer's circumstances, requirements and objectives.
Our aim is to provide credit only where our assessment indicates that the customer can meet the required repayments without substantial hardship.
How We Assess an Application
As part of our lending assessment, we may:
Understand your financial circumstances
We ask for information about your income, regular expenses, existing financial commitments, employment and other relevant circumstances.
Verify financial information
We may review bank transaction information, payslips and other supporting information provided as part of your application. This helps us verify your financial position and assess your capacity to meet the proposed repayments.
Understand your requirements and objectives
We consider the amount of credit requested, the purpose of the loan and other relevant information about what you are seeking from the loan.
Assess whether the loan is suitable
We consider the information available to us before deciding whether to approve an application. An application may be declined, or a lower amount may be offered, where appropriate following our assessment.
These steps reflect the responsible-lending framework, including reasonable inquiries, verification of financial circumstances and an assessment of whether a credit contract is not unsuitable for the consumer.
Clear Information About Costs and Repayments
Before entering into a credit contract, customers are provided with information about the proposed loan, including applicable interest, fees and charges, repayment amounts and repayment dates.
We encourage customers to review this information carefully before proceeding and to contact us if anything is unclear.
Our website also provides information about the costs and fees applicable to our loan products.
Our Credit Licence
Golden Bridge Enterprises (Aust) Pty Ltd holds Australian Credit Licence 388601.
Australian credit licensees are subject to obligations under the National Consumer Credit Protection Act 2009 (Cth) and associated credit legislation, including responsible-lending requirements where applicable.
If Your Circumstances Change
We understand that financial circumstances can change because of events such as loss or reduction of income, illness, injury, relationship changes or unexpected expenses.
If you are experiencing difficulty meeting your repayments, please contact us as early as possible. We will consider your circumstances and available assistance on an individual basis.
More Information
You can also review our Credit Guide, Information Statement, Costs & Fees, Complaints information and Privacy Policy for further information about dealing with Golden Bridge Cash Solution.