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lending laws

ASIC_regulator

ASIC announced no debit fees for payday loans

04/11/2016(0)
Following an independent review of payday lending laws, ASIC has taken steps to ensure consumers are not charged direct debit fees when taking out a small amount loan. This ... Read More
ASIC_regulator

ASIC: CBA pays $180,000 in penalties and will write off $2.5 million in loan balances

14/09/2016(0)
Commonwealth Bank of Australia (CBA) has paid four infringement notices totalling $180,000 in relation to breaches of responsible lending laws when providing personal overdraft facilities. CBA reported this matter ... Read More
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