the member accepts all liability for any actions, suits, claims, demands, losses, damages, liabilities, cost and expenses resulting from the use of the calculator, and indemnifies the MFAA on a continuing basis against all or any actions, suits, claims, demands, losses, damages, liabilities, cost and expenses of any nature arising directly or indirectly from the calculator.the MFAA does not represent the accuracy or performance of the calculator.the MFAA can terminate your access immediately without refunding any licence fee if it reasonably suspects misuse of the calculator by a member.if a member shares the calculator with another person without prior written approval from the MFAA, that member may have their MFAA membership cancelled, the calculator access revoked, and the member is liable for any damages suffered as a result.Borrowers should always discuss their individual situation with an Australian Credit Licensee or authorised Credit Representative. Results are not financial advice, are a guide only, and are not a guaranteed outcome or quote. all members must include a clear disclaimer within close proximity to the calculator and the results stating The calculator has been provided in good faith as a guidance tool only.
each licence can only be used on one website and must not be used amongst a group (for example, a single franchisee could place the calculator on its website, but the franchise group or an aggregator could not).the online calculator is the property of the MFAA, and cannot be altered in any way, including adding, removing, or changing the brand logo.The online calculator tool provides multiple calculation types. The Mortgage and Finance Association of Australia (MFAA) has negotiated a special member’s-only deal for members to access a suite of twenty-eight online loan and finance calculators for the price of $99* (Including GST) per annum.
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