The debt management and credit repair sector is being probed following concerns that some may be operating dishonestly or unfairly, potentially leaving financially vulnerable consumers in a worse position. The Australian Securities & Investments Commission (ASIC) has announced it is reviewing the debt management and credit repair sector following concerns that some may have failed…
Labor’s student debt relief is likely to sail through parliament despite a Greens push for Labor to end indexation of Hecs debts and wind up Coalition-era fee hikes for humanities courses. Labor’s legislation to lower Hecs debt levels by about 20% for about 3 million graduates will be the first government bill to be introduced…
One of Australia’s financial watchdogs is cracking down on dodgy debt managers following a string of incidents targeting vulnerable customers, including one woman who was told to declare bankruptcy for no reason. The Australian Securities and Investments Commission (ASIC) announced today it is launching a review of the debt management and credit repair sector to…
ASIC will launch a review into the debt management and credit repair sector, as part of its continued focus on protecting consumers, particularly those experiencing financial hardship. ASIC Commissioner Alan Kirkland said: ‘We are concerned some licensees may be failing to engage in credit activities efficiently, honestly and fairly, leaving financially vulnerable consumers worse-off as…
ASIC targets credit “repairers” after customers left bankrupt The Advertiser Read the original article here
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
New analysis reveals the devastating truth behind Australians’ poker machine losses The Australia Institute Read the original article here
ASIC targets credit “repairers” after customers left bankrupt The Chronicle | The Chronicle Read the original article here
ASIC targets credit “repairers” after customers left bankrupt Herald Sun Read the original article here
Pakistan’s Deputy Prime Minister Ishaq Dar made a bold pitch at the United Nations, warning that only 35% of the global Sustainable Development Goals (SDGs) are on track, and the rest are sinking under the weight of debt, climate disasters, and inequality. At the High-Level Political Forum on Sustainable Development in New York, Dar urged…