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Financial Rights Legal Centre In The Media
Media release: Credit reporting agency accused of breaching new credit reporting rules

Veda Advantage Ltd, a company which stores the credit history of millions of Australians, has been accused of breaching new credit reporting laws by promoting its $79.95 credit report at the expense of the free credit report it is legally required to offer. Consumer advocates say Veda Advantage is leading many Australians to pay for something they could otherwise receive [ More ]


Telcos and utilities could suffer under new credit rules

Kat Lane is interviewed by the SMH about how telecommunications and utilities companies may suffer from more late payments once consumers realise new credit rules only put a black mark on their credit file if they are late with loan payments SMH – Banking and Finance – Shaun Drummond Telecommunications and utilities companies may suffer from more late payments once consumers [ More ]


Consumer advocate fights for mortgage victims

CCLC’s Financial System Inquiry submission is quoted by The Adviser’s Nick Brendel in promoting EDR schemes. By Nick Bendel at The Adviser One community legal centre has highlighted cases of mortgage hardship to justify free dispute resolution. The NSW Consumer Credit Legal Centre’s submission to the Financial System Inquiry has urged the federal government to maintain the “free, independent, ASIC-approved” External Dispute Resolution scheme. [ More ]


CCLC comments on the proposed $120 fee for going bankrupt

 Karen Cox and Kat Lane have both been interviewed about the proposed new $120 filing fee that debtors will have to pay in order to go bankrupt.  Consumer groups say the changes will deepen the financial woes of people who can’t afford to pay their debts. Article 1: “Federal Government begins charging for bankruptcy applications”  by Pat McGrath at ABC [ More ]


Consumer groups concerned about credit history changes

 Consumer groups, including Kat Lane at the Consumer Credit Legal Centre are warning that Federal Government changes to credit history reporting rules will make it more difficult for low-income Australians to get loans. Pat McGrath  of the ABC ELEANOR HALL: Consumer groups are warning that Federal Government changes to credit history reporting rules will make it more difficult for low-income [ More ]


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