Cash Funds Direct

Responsible lending

All of our associated lenders are required to have a Responsible Lending Policy in place in order to protect the consumers. Some of these lenders belong to the BCCA, which means that they must abide by a strict code of practice that pertains specifically to lending. Others are members of the Consumer Finance Association. Either way, these lenders have specific operational and ethical guidelines in which they must operate. Prior to accepting any loan, be sure to check the responsible lending codes of practice for that lender.

What lenders do not do

• Lenders do not offer funds to people whom they believe will be unable to repay their loans.
• Lenders do not target those that have current debt issues.

Implications of a non-payment

• It's important to talk to your lenders so that they can help you as best they can.
• Never borrow money that you do not believe you will be able to repay.
• All non-payments will result in the lender contacting the Credit Reference Agencies, which often times can have a negative impact on future credit ratings. If you believe you will miss a payment, it is imperative that you reach out to your lender and explain your situation by going to the support page on the lender's website, or contact us and we will provide the contact details to you. Some lenders may charge a missed payment fee.
• Every lender has their own individual policy regarding non-payment or late payments. Please refer to their website for details.