ASIC to review debt management and credit repair sector

The review is expected to have implications for the mortgage sector, as many borrowers who experience financial hardship may turn to debt management and credit repair services. Increased scrutiny and potential reforms could affect how mortgage brokers and lenders interact with clients who are seeking assistance with debt, as well as influence the advice and…

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ASIC launches review into debt management and credit repair

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 bill to slash Hecs debt likely to pass with Coalition support despite Greens demand to end indexation | Australian education

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…

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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…