List of applicants - debt management services
This list sets out persons/entities that have applied to ASIC for a credit licence or variation (seeking the ‘debt management services’ authorisation) by 30 June 2021 and were members of AFCA on that date (30 June 2021).
This list only includes names of persons/entities that have consented to ASIC publishing details of their application. There may be other entities that are operating under the transitional arrangements that have not provided their consent.
The licence applications referred to in this list have not yet been determined by ASIC.
If you are dealing with a person or entity that provides debt management services, this list may help you to decide whether they can provide those services under the transitional arrangements. You may also need to check on AFCA’s website to determine whether the person or entity has current AFCA membership.
Note: This list is subject to change. Further applicants (that lodged their application by 30 June 2021) may provide consent to ASIC publishing details of their application.
|
Name |
ACN/ABN details |
Existing credit licensee? |
AFCA membership number |
Status |
|---|---|---|---|---|
|
A.C.N. 639 603 857 Pty Ltd |
639 603 857 |
No |
78673 |
Approved [1] |
|
Active Debt Specialists Pty Ltd |
008 955 413 |
No |
71186 |
Approved |
|
Australian Credit Lawyers Pty Ltd |
650 730 699 |
No |
83546 |
Approved |
|
Bakken Holdings Pty Ltd |
162 828 202 |
No |
74501 |
Under assessment |
|
Bill Butler Pty. Ltd. |
607 845 081 |
No |
71097 |
Approved |
|
C.S Hutchinson & P.D Hutchinson |
12 088 962 357 |
Yes |
31472 |
Approved |
|
Chapter Two Holdings Pty Ltd |
607 596 449 |
No |
83211 |
Approved |
|
Charter Finance Institute Pty Ltd |
145 381 120 |
Yes |
43848 |
Approved [2] |
|
Chelsea Planning and Consulting Pty Ltd |
147 338 823 |
No |
82962 |
Approved |
|
Clean Credit Pty Ltd |
150 106 933 |
No |
83457 |
Approved |
|
Clear Credit Solutions Pty Ltd |
169 614 537 |
No |
82867 |
Approved |
|
Coach Chris Pty Ltd |
150 371 412 |
No |
83373 |
Withdrawn |
|
Commercial Equity Group Pty Limited |
009 509 077 |
Yes |
43306 |
Approved [3] |
|
Conatur Legal Pty Ltd |
139 837 942 |
No |
83141 |
Approved |
|
Credit Counsellors Australasia Pty Ltd |
101 960 043 |
Yes |
19512 |
Approved |
|
Credit Mend Australia Pty Ltd |
643 405 707 |
No |
82321 |
Approved |
|
Credit Repair Australia Pty Ltd |
103 959 502 |
Yes |
45487 |
Approved |
|
Credit Wipe Australia Pty Ltd |
629 939 064 |
No |
81799 |
Approved |
|
CreditRepairAusvengers Pty Ltd |
601 006 697 |
No |
83867 |
Approved |
|
Croft & Gray Pty Ltd |
102 199 682 |
No |
79863 |
Approved |
|
DCS Group Aust Pty Ltd |
123 770 267 |
Yes |
43852 |
Approved |
|
DCTR Finance Specialist Pty Ltd |
635 623 844 |
No |
74105 |
Withdrawn |
|
Debt Angel Solutions Pty Ltd |
622 164 532 |
No |
83678 |
Approved |
|
Debt Assist Aust Pty Ltd |
156 535 410 |
Yes |
74910 |
Approved |
|
Debt Options Pty Ltd |
148 967 015 |
No |
83783 |
Withdrawn |
|
DGI Finance Pty Ltd [4] |
621 059 756 |
Yes |
46765 |
|
|
ERefunds Pty Ltd |
632 618 887 |
No |
74959 |
Approved |
|
FFG Group (Aust) Pty Ltd |
122 628 086 |
Yes |
45196 |
Approved |
|
Fix Credit Australia Pty Ltd |
604 482 055 |
No |
83728 |
Approved |
|
Fix Your Finances Australia Pty. Ltd. |
646 788 141 |
No |
82912 |
Approved |
|
Fox Symes & Associates Pty Ltd |
091 225 357 |
Yes |
44562 |
Approved |
|
Get My Refund Pty Ltd |
625 145 253 |
No |
82826 |
Approved |
|
GS-APAC Pty Ltd |
606 128 741 |
No |
83839 |
Approved [7] |
|
Hamer Industrial Pty. Ltd. |
010 850 343 |
Yes |
42049 |
Withdrawn |
|
Hosking Financial Services Pty Ltd |
648 577 986 |
No |
83759 |
Approved |
|
InDebted Australia Pty Ltd |
613 132 951 |
Yes |
71939 |
Approved |
|
Joseph Trimarchi |
72 616 038 817 |
No |
83777 |
Approved |
|
JTan Pty Ltd |
135 683 644 |
No |
83554 |
Approved |
|
KBW Capital Pty Ltd |
645 541 457 |
No |
83582 |
Approved |
|
Legal Practice Holdings Pty Ltd |
164 014 868 |
No |
38017 |
Approved |
|
Lincoln Worth Pty Ltd |
631 765 609 |
No |
83575 |
Approved |
| M Dullaway & A J Heers & M.W Pearce & The Trustee for Heers Discretionary Trust & The Trustee for Michael Dullaway Practice Trust & The Trustee for Pearce Discretionary Trust |
51 265 638 134 |
No |
83775 |
Approved |
|
Malouf Group Enterprises Pty Ltd |
115 371 581 |
No |
81727 |
Approved [9] |
|
MCR Partners Pty Ltd |
608 852 875 |
No |
82710 |
Approved |
|
MGM Corporation Pty Ltd |
630 950 284 |
No |
83330 |
Approved |
|
MyBudget Pty Ltd |
093 118 597 |
Yes |
29700 |
Approved |
|
National Credit Repair Pty Ltd |
162 260 264 |
No |
83597 |
Approved |
|
Newpark Group Pty Ltd |
616 193 287 |
No |
83026 |
Approved |
|
Oroco Pty Ltd |
143 849 003 |
Yes |
41871 |
Withdrawn |
|
Personal Insolvency Management Ltd |
153 865 840 |
No |
72192 |
Approved |
|
Professional Debt Solutions Pty Ltd |
134 455 511 |
Yes |
46685 |
Approved |
|
QED Credit Services Pty Ltd |
147 272 295 |
Yes |
42342 |
Approved |
|
Real Credit Repairs Australia Pty Ltd |
603 777 091 |
No |
82685 |
Approved |
|
Regional & Remote Finance Pty Ltd |
617 136 286 |
No |
67829 |
Approved |
|
Regroup Solutions Pty Ltd |
619 287 777 |
No |
83543 |
Approved |
|
Restore My Credit Pty Ltd |
165 268 664 |
No |
83643 |
Approved |
|
Revive Financial Pty Ltd |
621 446 697 |
Yes |
46104 |
Approved |
|
Safe Debt Management Pty Ltd |
010 183 294 |
No |
50685 |
Approved |
|
Smiley Holdings Pty Ltd |
641 551 546 |
No |
83120 |
Withdrawn, but is now a licensee [8] |
|
SR Group Debt Management Pty Ltd |
612 445 637 |
No |
82991 |
Approved |
|
Starlight Home Loans Pty Ltd |
145 613 056 |
Yes |
43898 |
Approved |
|
Vatselia Pty Ltd |
619 997 590 |
No |
83053 |
Withdrawn |
|
Venus Capital Pty Ltd |
169 312 510 |
Yes |
44502 |
Approved |
|
Wardle Consultancy Services Pty Ltd |
645 695 987 |
No |
83401 |
Approved |
|
Way Forward Debt Solutions Limited |
628 702 821 |
Yes |
67373 |
Approved |
|
We Fix Credit Pty Ltd |
644 915 462 |
No |
82878 |
Approved |
[1] A.C.N 639 603 857 Pty Ltd withdrew its request to be authorised to provide debt management services and the licence was approved without this authorisation.
[2] Charter Finance Institute Pty Ltd withdrew its request to be authorised to provide debt management services and the licence was approved without this authorisation.
[3] Commercial Equity Group Pty Limited withdrew its request to be authorised to provide debt management services and the licence was approved without this authorisation.
[4] DGI Finance Pty Ltd is now known as ‘Capital Mortgage Group Pty Ltd.
[5] On 11 April 2023, the ASIC delegate refused the Capital Mortgage Group Pty Ltd’s (formerly DGI Finance Pty Ltd) application to vary its Australian Credit Licence to add the debt management services authorisation. On 26 April 2023, Capital Mortgage Group Pty Ltd lodged an application for review of ASIC’s decision with the Administrative Appeals Tribunal. ASIC received that application for review on 4 May 2023.
[6] On 11 December 2023, Capital Mortgage Group Pty Ltd (formerly DGI Finance Pty Ltd) lodged a notice of withdrawal of its application for review with the Administrative Appeals Tribunal. On 11 December 2023, the Administrative Appeals Tribunal made orders dismissing the proceeding, pursuant to that notice of withdrawal, which was received by ASIC on 13 December 2023.
[7] ASIC has imposed a licence condition for an external compliance consultant to undertake a review of the licensee’s compliance with the general conduct obligation under s47 of the National Consumer Credit Protection Act 2009 to do all things necessary to ensure that credit activities authorised by the licence are engaged in efficiently, honestly and fairly.
[8] Smiley Holdings Pty Ltd’s application that was lodged by 30 June 2021 was withdrawn. However, this entity subsequently re-applied for a licence which was approved.
[9] ASIC has imposed a licence condition for the licensee to establish and implement monitoring and supervision arrangements that includes maintaining recordings of all inbound and outbound calls, text messages and emails between the Licensee (and its representatives) and consumers, for a period of not less than three years.