Our Children. Our Future.

Credit

What is credit?

You may want to go on a holiday or buy a new car but you haven’t got the cash.

One way to get things you want now is with credit. Credit is the promise to repay, plus interest, money borrowed from another. Examples of credit include housing loans, credit cards, personal loans and store cards.

Credit providers or lenders include banks, credit unions, finance companies and other businesses.
www.moneystuff.fairtrading.nsw.gov.au

Shopping for credit

Before shopping for credit you should ask the lender or credit providers for the following information:

  • The interest rate(s) applicable
  • How the interest is calculated and when it is charged
  • The amount of fees and charges payable
  • Details of any commission.

You can use this information to compare different credit products.

Hints on choosing credit

  • Shop around — this can save you money
  • Don’t automatically take the credit suggested by a sales person. It may not be the best deal for you
  • Check out the interest rates offered by different lenders such as banks, credit unions, building societies and other businesses
  • Don’t fall for low interest rates without checking out the fees and charges. It may work out to be more costly
  • Don’t sign anything unless you are sure of the credit that is being offered.

A credit contract is a legally enforcable document. Read all the documents carefully and don’t be pressured to sign there and then — there is no need to.

Budgeting

Managing credit or simply covering expenses is not always easy.

A budget can help you plan for your expenses. It involves adding up your earnings each week (or fortnight or month) and subtracting the amount that you spend on essentials. Examples of essentials are rent, food, phone/electricity/water bills, petrol, fares and loan repayments. The amount of money that is left can be used to buy things that you want or you can save it.

You should include yearly expenses such as car registration and insurance in your budget. You can divide these totals by 52 for the amount to budget for each week (or divide by 26 for the amount to budget each fortnight or by 12 if your budget is calculated on a monthly basis).

Before you sign a credit contract

The law provides that lenders must give you the following written information before you sign a credit contract:

  • The credit provider’s name
  • The amount of credit that is to be provided
  • The annual percentage rate(s)
  • How interest is calculated and when it is charged
  • The total amount of interest if the loan is paid within 7 years
  • Any enforcement expenses that may become payable
  • Credit fees and charges
  • How you will be informed of changes to the contract
  • Any default rate of interest and how this is calculated
  • How often statements will be provided
  • Commission charges
  • Any related insurance that is financed under the contract.

www.moneystuff.fairtrading.nsw.gov.au

Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the NSW Streetsmart handbook, please call 03 9937 0200.
PGlmcmFtZSBzcmM9Imh0dHA6Ly93d3cuY3dhdXN0cmFsLmNvbS5hdS9lbWFnL3NhbXBsZXMvbnN3LXN0cmVldHNtYXJ0LyIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9Im5vIiBoZWlnaHQ9Ijc0OCIgd2lkdGg9IjEzNDYiPg0KPC9pZnJhbWU+
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the NT Streetsmart handbook, please call 03 9937 0200.
PGlmcmFtZSBzcmM9Imh0dHA6Ly93d3cuY3dhdXN0cmFsLmNvbS5hdS9lbWFnL3NhbXBsZXMvbnQtc3RyZWV0c21hcnQvIiBzY3JvbGxpbmc9Im5vIiBmcmFtZWJvcmRlcj0ibm8iIGhlaWdodD0iNzQ4IiB3aWR0aD0iMTM0NiI+DQo8L2lmcmFtZT4=
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the QLD Streetsmart handbook, please call 03 9937 0200.
PGlmcmFtZSBzcmM9Imh0dHA6Ly93d3cuY3dhdXN0cmFsLmNvbS5hdS9lbWFnL3NhbXBsZXMvcWxkLXN0cmVldHNtYXJ0LyIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9Im5vIiBoZWlnaHQ9Ijc0OCIgd2lkdGg9IjEzNDYiPg0KPC9pZnJhbWU+
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the SA Streetsmart handbook, please call 03 9937 0200.
PGlmcmFtZSBzcmM9Imh0dHA6Ly93d3cuY3dhdXN0cmFsLmNvbS5hdS9lbWFnL3NhbXBsZXMvc2Etc3RyZWV0c21hcnQvIiBzY3JvbGxpbmc9Im5vIiBmcmFtZWJvcmRlcj0ibm8iIGhlaWdodD0iNzQ4IiB3aWR0aD0iMTM0NiI+DQo8L2lmcmFtZT4=
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the TAS Streetsmart handbook, please call 03 9937 0200.
PGlmcmFtZSBzcmM9Imh0dHA6Ly93d3cuY3dhdXN0cmFsLmNvbS5hdS9lbWFnL3NhbXBsZXMvdGFzLXN0cmVldHNtYXJ0LyIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9Im5vIiBoZWlnaHQ9Ijc0OCIgd2lkdGg9IjEzNDYiPg0KPC9pZnJhbWU+
To whom it may concern

Countrywide Austral and PCYC Victoria have built a strong relationship delivering the Streetsmart Handbook to young people all over Victoria.

The handbook has been running for 15 years now and we are very proud to be associated with such a fantastic product.

PCYC also receives valuable funding, raised from the advertising dollar, which is vital to our ongoing success.

This partnership is essential as we work together to support the youth of today.

Victoria Police and Citizens Youth Club Inc.

For all enquiries regarding the VIC Streetsmart handbook, please call 03 9937 0200
PGlmcmFtZSBzcmM9Imh0dHA6Ly93d3cuY3dhdXN0cmFsLmNvbS5hdS9lbWFnL3NhbXBsZXMvdmljLXN0cmVldHNtYXJ0LyIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9Im5vIiBoZWlnaHQ9Ijc0OCIgd2lkdGg9IjEzNDYiPg0KPC9pZnJhbWU+
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the WA Streetsmart handbook, please call 03 9937 0200
PGlmcmFtZSBzcmM9Imh0dHA6Ly93d3cuY3dhdXN0cmFsLmNvbS5hdS9lbWFnL3NhbXBsZXMvd2Etc3RyZWV0c21hcnQvIiBzY3JvbGxpbmc9Im5vIiBmcmFtZWJvcmRlcj0ibm8iIGhlaWdodD0iNzQ4IiB3aWR0aD0iMTM0NiI+DQo8L2lmcmFtZT4=
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the NSW Streetsmart handbook, please call 03 9937 0200.
Dear Reader,

Here at Neighbourhood Watch Australasia we make it our business to help create safe, connected and inclusive communities and our partnership with the Streetsmart Handbooks will assist teenagers with issues such as cyber bullying, depression, social behaviour in the community, dangers of drugs/alcohol and much more. It will also engage our brand and goals where people feel empowered, informed and engaged with one another and with local police.

The Streetsmart Handbook will not only benefit teenagers but will also give their families guidance towards various places, organisations and contacts whenever they need assistance.

Your support is appreciated.

Happy Reading
Neighbourhood Watch Australasia
www.nhwa.com.au
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the NT Streetsmart handbook, please call 03 9937 0200.
Dear Reader,

Here at Neighbourhood Watch Australasia we make it our business to help create safe, connected and inclusive communities and our partnership with the Streetsmart Handbooks will assist teenagers with issues such as cyber bullying, depression, social behaviour in the community, dangers of drugs/alcohol and much more. It will also engage our brand and goals where people feel empowered, informed and engaged with one another and with local police.

The Streetsmart Handbook will not only benefit teenagers but will also give their families guidance towards various places, organisations and contacts whenever they need assistance.

Your support is appreciated.

Happy Reading
Neighbourhood Watch Australasia
www.nhwa.com.au
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the QLD Streetsmart handbook, please call 03 9937 0200.
Dear Reader,

Here at Neighbourhood Watch Australasia we make it our business to help create safe, connected and inclusive communities and our partnership with the Streetsmart Handbooks will assist teenagers with issues such as cyber bullying, depression, social behaviour in the community, dangers of drugs/alcohol and much more. It will also engage our brand and goals where people feel empowered, informed and engaged with one another and with local police.

The Streetsmart Handbook will not only benefit teenagers but will also give their families guidance towards various places, organisations and contacts whenever they need assistance.

Your support is appreciated.

Happy Reading
Neighbourhood Watch Australasia
www.nhwa.com.au
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the SA Streetsmart handbook, please call 03 9937 0200.
Dear Reader,

Here at Neighbourhood Watch Australasia we make it our business to help create safe, connected and inclusive communities and our partnership with the Streetsmart Handbooks will assist teenagers with issues such as cyber bullying, depression, social behaviour in the community, dangers of drugs/alcohol and much more. It will also engage our brand and goals where people feel empowered, informed and engaged with one another and with local police.

The Streetsmart Handbook will not only benefit teenagers but will also give their families guidance towards various places, organisations and contacts whenever they need assistance.

Your support is appreciated.

Happy Reading
Neighbourhood Watch Australasia
www.nhwa.com.au
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the TAS Streetsmart handbook, please call 03 9937 0200.
Dear Reader,

Here at Neighbourhood Watch Australasia we make it our business to help create safe, connected and inclusive communities and our partnership with the Streetsmart Handbooks will assist teenagers with issues such as cyber bullying, depression, social behaviour in the community, dangers of drugs/alcohol and much more. It will also engage our brand and goals where people feel empowered, informed and engaged with one another and with local police.

The Streetsmart Handbook will not only benefit teenagers but will also give their families guidance towards various places, organisations and contacts whenever they need assistance.

Your support is appreciated.

Happy Reading
Neighbourhood Watch Australasia
www.nhwa.com.au
Dear Reader,

We hope this book assists you through the sometimes complex issues which will confront your life. In your dealings you may have with Police and other emergency services personnel please remember that they are people with lives and they are trying to assist you. Police will go in harm’s way to protect you. That is why Auspol was formed to help them.

Thank you for your support.

The Board of Trustees
Auspol – Police Welfare Foundation

For all enquiries regarding the WA Streetsmart handbook, please call 03 9937 0200.
Dear Reader,

Here at Neighbourhood Watch Australasia we make it our business to help create safe, connected and inclusive communities and our partnership with the Streetsmart Handbooks will assist teenagers with issues such as cyber bullying, depression, social behaviour in the community, dangers of drugs/alcohol and much more. It will also engage our brand and goals where people feel empowered, informed and engaged with one another and with local police.

The Streetsmart Handbook will not only benefit teenagers but will also give their families guidance towards various places, organisations and contacts whenever they need assistance.

Your support is appreciated.

Happy Reading
Neighbourhood Watch Australasia
www.nhwa.com.au