Responsible Lending
Cash Doctors is a responsible lender.
In most states of Australia, payday lending is regulated. Cash Doctors welcomes this regulation as it protects you as the consumer and ensures that the more unscrupulous providers can’t take advantage of people in need .
For example you will sometimes hear stories about people borrowing $300 and repaying $3000. This is clearly unfair.
A short term facility should be treated as such by credit providers and clients. If client need larger sums over longer periods, then a short term loan isn’t the way to go.
Look at credit like a journey:
If you needed to travel from Sydney to Melbourne, would you catch a taxi? No, because it’s not cost effective. On the other hand, would you catch a flight to Melbourne and back when you just needed to be dropped off at the Opera House?
Of course not.
Payday loans are te right product if you just need a quick cash injection – a short trip, whereas a bank loan would be the way to go if you needed to consolidate your debts – the long trip.
The bottom line is, Cash Doctors’ unique approach to providing short term cash advances means that getting the money you need anytime, anywhere, complies with the laws of every state in Australia.
As a client you get pre-approved for a Cash Doctors payday loan facility – that’s a year’s worth of payday cash advances, when you first join, but you only can access a little bit at a time – the bit you need when you apply.
This means you only use Cash Doctors for short term needs and you stay out of trouble – after all, as responsible lenders, that’s our job.
So, when you borrow with Cash Doctors, you can sleep easy with the knowledge that we’re legal, we’re responsible and we’re providing the right product for your immediate short term cash flow needs.
Also, all our charges our fixed, meaning there’s no hidden extras and you know what you need to pay and when, every time.
the confidentiality and security of all your personal details, your
bank details and other information as it is transmitted and stored online.
What will it cost?
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