NCCP Act 2009 mentions two unsuitable scenarios:
1. The consumer would be unable to meet their financial obligations or may only meet them with substantial hardship; and/or
2. The proposed contract would not meet the consumer’s requirements and objectives having regard to the purpose, amount of credit sought, timeframe and any particular additional expenses, features or flexibility identified in the assessment process.
This information in this article is general only and does not take into account your individual circumstances. It should not be relied upon to make any financial decisions. uno can’t make a recommendation until we complete an assessment of your requirements and objectives and your financial position. Interest rates, and other product information included in this article, are subject to change at any time at the complete discretion of each lender.