Target Market Determination

This Product is likely to be consistent with the following likely objectives, financial situation and financial needs:

• Fixed monthly repayments;
• Short term loans of no more than 12 months;
• Loan amounts not exceeding $2,000;
• Some early repayment flexibility;
• Consumers requiring access to short-term consumer credit for a specific and identifiable purpose (other than for ongoing non-discretionary expenses).

This Product is likely to be consistent with the following likely objectives, financial situation and financial needs:

• Consumers seeking a medium amount credit contract with fixed repayments and a defined repayment term;
• Consumers requiring credit for a specific, identifiable purpose rather than seeking finance for non-discretionary ongoing living expenses;
• Short to medium term loans not exceeding 16 months;
• Loan amounts from $2,001 to $4,600;
• Consumers seeking some early repayment flexibility.

This Product is likely to be consistent with the following likely objectives, financial situation and financial needs:

• Consumers seeking a credit contract with fixed fees and fixed repayments and a defined repayment term;
• Short to medium term loans not exceeding 20 months;
• Loan amounts from $4,601 to $8,000;
• Consumers seeking some early repayment flexibility.

This Product is suitable for a Target Class with the following likely financial situation and needs:

• Access to smaller loan amounts on a short-term basis to meet emergencies or other unexpected liabilities;
• Consumers with stable income including on welfare benefits;
• Consumers that may not satisfy the lending history requirements of mainstream lenders;
• Consumers with differing levels of financial literacy;
• Consumers who have demonstrated capacity to meet repayments without substantial hardship;
• Consumers seeking unsecured, fixed-term credit with transparent repayment obligations;
• Consumers seeking an online or face-to-face solution for financing options;
• Consumers who are able to meet essential living expenses after repayment obligations; and
• The product is not designed to be a substitute for ongoing household income.

This Product is suitable for a Target Class with the following likely financial situation and needs:

• Consumers seeking medium amount credit who may not have access to savings to meet a particular purchase or expense in full;
• Consumers with a regular and stable income stream sufficient to meet repayments without substantial hardship;
• Consumers who are able to meet non-discretionary living expenses after making repayment obligations;
• Consumers who may not satisfy the lending history requirements of mainstream lenders but who demonstrate repayment capacity;
• Consumers seeking unsecured fixed-term credit with transparent fees and repayment obligations;
• Consumers seeking finance with security as an option.

This Product is suitable for a Target Class with the following likely financial situation and needs:

• Consumers seeking finance with security as an option;
• Consumers seeking personal loans over $4,601 who may not have direct access to savings;
• Consumers who have the ability to repay the loan amount with fees over the medium to longer term;
• Consumers with consistent income streams sufficient to meet repayments without substantial hardship;
• Consumers who are able to meet essential living expenses after making repayment obligations;
• Consumers that may not satisfy the lending history requirements of mainstream lenders but who demonstrate repayment capacity;
• Consumers with an understanding of financial literacy;
• Consumers applying through online or branch channels who can complete required verification and suitability assessments.

This Product contains the following key attributes:

• Fixed loan terms from 2 months and up to 12 months;
• Ability for consumers to elect weekly, fortnightly or monthly repayment terms;
• Ability for consumers to make early repayments without penalty;
• Unsecured loans;
• Streamlined online loan application process to provide consumers access to emergency funds conveniently;
• Ability to transfer loan funds to the consumer’s account (depending on the consumer’s bank) quickly, subject to responsible lending obligations;
• Fixed application fee of 20% and monthly fee of 4%;
• Upfront and transparent fee structure;
• Consumers applying through online or branch channels.

This Product contains the following key attributes:

• Fixed loan terms from 11 months and up to 16 months;
• Fixed fees and fixed repayments;
• Ability for consumers to elect weekly, fortnightly or monthly repayment terms;
• Ability for consumers to make early repayments without penalty;
• Fixed application fee of $400 and fixed annual credit costs not exceeding 45%;
• Upfront and transparent fee structure;
• Consumers applying through online or branch channels.

This Product contains the following key attributes:

• Fixed loan terms from 19 months and up to 20 months;
• Fixed fees and fixed repayments;
• Ability for consumers to elect weekly, fortnightly or monthly repayment terms;
• Ability for consumers to make early repayments without penalty;
• Ability to quickly transfer loan funds to the consumer’s account (depending on the consumer’s bank), subject to responsible lending criteria;
• Fixed application fee of $400 and fixed credit fee structure of 45%;
• Upfront and transparent fee structure;
• Ability for consumers to apply for secured or unsecured loans;
• Consumers applying through online or branch channels.

Cash Stop Financial Services Pty Ltd has determined that the Product is not suitable for the following class/type of consumers:

• Consumers seeking to borrow more than $2,000;
• Consumers under the age of 18;
• Consumers who do not receive a regular and verifiable stream of income;
• Consumers who exceed the cost-of-living expenses criteria (whether for single or joint consumers);
• Consumers who are currently bankrupt, subject to a Part IX debt agreement, or in current financial hardship;
• Consumers who have finance defaults listed after bankruptcy;
• Consumers with no permanent address;
• Consumers under a debt consolidation arrangement;
• Consumers seeking to refinance existing loans into a new loan;
• Consumers seeking the product for ongoing living expenses;
• Consumers displaying indicators of vulnerability, coercion or financial distress that require decline or alternative assistance.

Cash Stop Financial Services Pty Ltd has determined that the Product is not suitable for the following class/type of consumers:

• Consumers seeking to borrow less than $2,001;
• Consumers seeking to borrow more than $4,600;
• Consumers under the age of 18;
• Consumers who do not receive a regular and verifiable income stream;
• Consumers who do not meet minimum affordability, expense verification or repayment surplus requirements;
• Consumers who are currently bankrupt, subject to a Part IX debt agreement, or in current financial hardship;
• Consumers seeking the product for ongoing living expenses, debt spiralling, repeated refinancing, or where the purpose of credit is unclear;
• Consumers displaying indicators of vulnerability, coercion or financial distress that require decline or alternative assistance.

Cash Stop Financial Services Pty Ltd has determined that the Product is not suitable for the following class/type of consumers:

• Consumers seeking to borrow less than $4,601;
• Consumers seeking to borrow more than $8,000;
• Consumers under the age of 18;
• Consumers who do not receive a regular and verifiable stream of income;
• Consumers who do not meet minimum affordability, expense verification or repayment surplus requirements;
• Consumers who are currently bankrupt, subject to a Part IX debt agreement, or in current financial hardship;
• Consumers who have finance defaults listed after bankruptcy;
• Consumers with no permanent address;
• Consumers under a debt consolidation arrangement;
• Consumers displaying indicators of vulnerability, coercion or financial distress that require decline or alternative assistance.