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Get the free Credit Guide (for broker) - Simply Home Loans

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Welcome. Our journey starts here.Inbox@simplyhomeloans.com.au International Mortgage Group Lower Ground Level, 132 Wickham Street Fortitude Valley, QLD, 4006 Generated on 19/4/2023 11:12:15 Printed
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How to fill out credit guide for broker

01
Start by obtaining a copy of the credit guide template provided by the broker.
02
Fill in your personal and contact information accurately.
03
Provide details about your credit history, including any outstanding debts or loans.
04
Disclose any relevant information about your financial background, such as income sources and expenses.
05
Sign and date the credit guide to confirm that all information provided is true and accurate.

Who needs credit guide for broker?

01
Individuals who are applying for a loan or mortgage through a broker.
02
People who want to understand the terms and conditions of credit services offered by a broker.
03
Anyone interested in comparing different credit options and making an informed decision.
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A credit guide for a broker is a document that provides essential information about the credit products and services offered by the broker, including details about fees, commissions, and the responsibilities of both the broker and the client.
Brokers who offer credit products or services to consumers are required to file a credit guide, ensuring compliance with regulatory requirements.
To fill out a credit guide for a broker, one must gather all necessary information related to credit products, including terms, conditions, fees, and disclosures, and then format this information according to regulatory guidelines to ensure clarity and compliance.
The purpose of the credit guide for a broker is to inform clients about their rights and the obligations of the broker, ensuring transparency in the offerings and helping clients make informed decisions.
The credit guide for a broker must report information such as the types of credit products available, interest rates, applicable fees and charges, the broker's commission structure, and any potential conflicts of interest.
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