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Can companies or services let me go into debt or offer me credit if I’m under 18?

No. Credit (letting you borrow money) can only be given by using a contract. Signing the contract means you promise to give back the money you borrowed, and sometimes pay more money.  You must be 18 years old or more to enter into these contracts.

If you think you are in debt and you are under 18, you can contact the Financial and Consumer Rights Council for information on finding a financial counsellor.

Getting help with this

1st Floor, Ross House, 247-251 Flinders Lane Melbourne VIC 3000
Phone:9663 2000
Fax: 9663 7677
Email: admin@fcrc.org.au
Website: http://www.fcrc.org.au/

19 King Street Melbourne Victoria 3000
Phone:(03) 9611 2412
Fax: (03) 9620 3622
Email: info@youthlaw.asn.au
Website: http://youthlaw.asn.au/

350 Queen Street Melbourne Victoria 3000
Phone:(03) 9269 0120
Website: http://www.legalaid.vic.gov.au/