Moore Lawyers acts exclusively for credit providers and lenders. This allows us to provide highly focused advice that aligns with the commercial and regulatory needs of businesses operating in the consumer lending sector.
Legal support for credit providers.
We act exclusively for credit providers, supporting them in managing the legal and regulatory complexities of lending.
Operating in the regulated consumer lending sector involves navigating complex legal and compliance requirements. Lenders offering SACCs, MACCs, and personal loans must ensure their products, processes, and documentation meet regulatory standards to reduce risk. We focuses on providing oversight, guidance, and support to help credit providers manage these obligations effectively, giving them confidence to operate in a highly regulated environment.
What is the National Credit Code?
The National Credit Code forms part of Australia’s consumer credit laws and regulates lending to individuals, including small amount credit contracts (SACCs), medium amount credit contracts (MACCs), and personal loans. These products are subject to specific requirements around disclosure, fees, and responsible lending.
For credit providers, this creates a complex compliance environment where understanding legal obligations is essential to managing risk and maintaining compliant lending practices.
We’re here to help
We work closely with credit providers to support their ongoing operations, helping them manage legal risk and maintain compliance in an increasingly regulated industry. Our team provides clear, practical advice that aligns with commercial objectives, allowing lenders to operate with confidence.
Where issues arise, we assist in navigating disputes and regulatory processes, providing strategic guidance and representation where required. Our focus is on protecting your position, resolving matters efficiently, and supporting the long-term success of your business.
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Frequently asked
questions
Do you act for borrowers or consumers?
What types of lenders do you act for?
We act for a range of credit providers, including those offering small amount credit contracts (SACCs), medium amount credit contracts (MACCs), and personal loans. Our clients include online lenders and other businesses operating within the regulated consumer lending space.
What documents do credit providers need to be compliant?
Credit providers are required to have a range of compliant documents in place, including credit contracts, credit guides, and target market determinations under design and distribution obligations. These documents must accurately reflect the terms of the lending arrangement and meet legal requirements. Properly drafted documentation is critical in reducing regulatory risk and ensuring enforceability.
What happens if ASIC takes action against a lender?
If ASIC commences enforcement action, it may seek penalties, injunctions, or other orders against the credit provider. These matters can involve significant financial exposure and reputational risk. Lenders should seek legal advice immediately to understand their position, respond to allegations, and develop a strategy for defending the claim or resolving the matter.
Why is legal advice important in finance disputes?
Financial agreements can involve complex contractual terms and significant financial consequences. Legal advice helps ensure that your rights are properly protected and that any actions taken comply with the relevant laws and contractual obligations.