Responsible Lending

Janko Loans Pty Ltd (ABN 47 632 787 458) is a registered business and credit provider that holds an Australian Credit Licence (Number 518429). In offering our credit facilities we will always endeavour to meet our obligations under the National Consumer Credit Protection Act 2009 (Cth), as well as any other regulations and Regulatory Guides. This includes providing our loans in a responsible manner and conducting an assessment to ensure the loan is not unsuitable.

In making an assessment, Janko Loans will:

• Ask for your loan requirements, including asking what you need the loan for.
• Ask questions about your financial situation, including details of your income, expenses and employment status to help us understand your current circumstances.
• Electronically request, at minimum, the last 90 days of your bank statements, which we use both as a form of identification and a means to assess your finances.
• Conduct an income and expense assessment to ensure loan repayments would be affordable for you.
• Check if you are currently in default to other small amount credit contracts.
• Ensure no more than 20% of your regular income is spent on small amount loans if you receive Centrelink.
• Use risk analysis to ensure you are a good credit risk.

This is not an exhaustive list. While this may seem like a hassle, we have invested heavily in technology to make this process as seamless as possible. We pride ourselves on being compliant whilst also being efficient and automated. At Janko Loans, we will always do our best to service the needs of our customers and provide the credit you need responsibly.