Start with the official list
Check the Registry of Moneylenders website for its current list of licensed moneylenders. Compare the business name, approved address and listed website with the provider you are considering.
Watch for impersonation
A familiar name or copied logo does not establish that a contact is genuine. The Registry warns about impersonators soliciting loans through messages and requesting transfers before disbursement. Do not rely on a link supplied in an unsolicited message to verify the sender.
Understand the verification step
Licensed moneylenders must meet borrowers at the approved place of business for physical, face-to-face identity verification before granting a loan. Starting an enquiry online is not the same as completing that verification. Check the official list again if any details do not match.
Further reading
General information only. Review your circumstances and the provider’s actual terms before deciding to borrow. Approval and terms depend on lender assessment.