Who this product is designed for.
Under the design and distribution obligations in the Corporations Act, we publish the Target Market Determination (TMD) for our loan here, free of charge.
The product, in one paragraph
The CashLift small amount credit contract is an unsecured loan of $200 to $2,000 over 4 to 16 weeks, designed for people with a regular income who need short-term cash for a one-off expense and can afford the weekly repayment from that income. It is not designed for long-term borrowing, for consolidating existing debts, or for anyone whose repayments across all small loans would strain their essential living costs.
The determination
The Target Market Determination will be published on this page before lending commences. Until then you can request the current draft free of charge: compliance@cashlift.com.au .