RG 281 Low cost credit contracts
Issued 8 May 2025
This guide is for Australian credit licensees who provide a category of credit known as low cost credit contracts. Most buy now pay later contracts fall into this category.
It sets out ob体育鈥檚 guidance on how the credit regime applies to low cost credit contracts, including the modified responsible lending obligations in Ch 3 of the National Consumer Credit Protection Act 2009 (National Credit Act).