There are four current options for MFAA membership: 1. Student - Not yet writing loans 2. Associate Credit Adviser (ACA) - this is the entry level for the majority of applicants 3. Credit Adviser (CA)   4. Certified Credit Adviser (CCA) - highest level   Education requirements necessary for each membership option: 1. Student 1.     Not yet writing loans, and 2.     Studying Diploma (to complete by 30/6/12) and have completed MFAA's 201A   2. Associate Credit Adviser (ACA)  - Two types of ACA’s: Type 1: 1.  Those who have less than 2 years’ loan writing experience, and 2. Have Cert IV and studying Diploma (or have Diploma and have MFAA's 201A)   Type 2: 1.  Those who already have 2 years’ loan writing experience (in the last 5 years), and 2.  Have Cert IV and Studying Diploma and have completed MFAA's 201A   **Applicants who qualify for the ACA category and have less than 2 years’ experience within the last 5 years must be mentored by an existing MFAA Full Member or the nominated rep of a full member, for 2 years.   3. Credit Adviser (CA) 1. Already have 2 years’ loan writing experience, and 2. Have Diploma and have completed MFAA's 201A   4. Certified Credit Adviser (CCA) 1. Already have at least 5 years’ loan writing experience, and 2. Currently hold Credit Adviser (CA) status, and 3. Will need to complete an MFAA Certification Process. Note: Certificate IV can be either FNS40804 or FNS40810;  Diploma can be either FNS50504 or FNS50310