There are different types of advertising that can be viewed on Facebook or other social media pages. For example, you can have an actual Facebook page or profile for the company, or there are the ads that can appear on people's news feeds and as banners down the side of the Facebook page.
All advertising should include:
- Disclaimer Statement: Your full financial needs and requirements need to be assessed prior to any offer or acceptance of a loan product.
- Licensing Statement: Credit Representative (insert number) is authorised under Australian Credit Licence 389328. Note: If you are advertising under a company banner, then the Corporate Credit Representative number is to be used in your Licensing Statement, not your individual Credit Representative number.
- If there are Interest Rates, then comparison rates need to be listed. Refer to Advertising Interest Rates or Loan Repayments.
- Review for words such as the one's listed that ASIC do not like and for potentially misleading statements. Refer to ASIC Guidelines to Advertising Terminology and Disclaimers.
If you have any questions about social media advertising please email email@example.com