For media enquiries please call Drew MacRae on 0404 604 978 or email drew.macrae@financialrights.org.au or contact us via Twitter @Fin_Rights_CLC Financial Rights’ can provide comment on a range of debt, credit and insurance related issues for print, radio, television or the internet. We can provide expert commentary on issues facing consumers of financial services, offer detailed background information and, where [ More ]
Almost a quarter of all calls to the Insurance Law Service hotline are about insurance investigations, raising serious concerns about tactics used by general insurance companies in claims handling and assessment. This is one of the key findings in a new report Guilty until Proven Innocent: Insurance investigations in Australia released today by the Financial Rights Legal Centre. The Report details [ More ]
MEDIA RELEASE Thursday, 3 March 2016 As Australians face over $1 trillion personal debt crisis, advocates warn about ‘debt vultures’ With ABS data showing that Australians are living with over $1 trillion of personal debt, consumer advocates are warning that an emerging industry of ‘debt vultures’ is making things worse. Debt vultures (known by regulators and industry as ‘debt management firms’) [ More ]
The Credit & Debt Hotline will be open as usual throughout the holiday period except for public holidays. The Insurance Law Service will be closed for the Christmas and New Year period from 12.00pm, EST, on the 24thDecember. We will re-open on Monday the 4th January at 9.30am. We will not be available to take your calls or respond to web-inquiries [ More ]
Consumer groups have cautioned policy makers not to fall for payday lending spin as new research from Digital Finance Analytics (DFA) shows the devastating impact of the industry on Australians struggling to make ends meet. Consumer Action Law Centre, Good Shepherd Microfinance and Financial Rights Legal Centre commissioned the report from DFA and found that nearly 30% of borrowers surveyed [ More ]
