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Service Closures during the holiday period

No ratings yet. Our services will change during the holiday period. Closed from 20 December 2023 to 2 January inclusive, reopening 3 January 2024: Credit and Debt Legal Advice Line Insurance Law Service Mob Strong Debt Help National Debt Helpline Chat (note: closes from midday on 20 December) Open from 19 December to 3 January […]

Court decision on Cigno lending model “extremely disappointing”

Today’s Federal Court decision that the lending model promoted by Cigno Pty Ltd did not breach the National Consumer Credit Protection Act (National Credit Act) is extremely disappointing, and consumer advocates have urged the Australian Securities and Investments Commission (ASIC) to appeal the decision.

Buy now pay later sector must be regulated by Government NOT itself

No ratings yet. Consumer groups have united to call for Federal Government regulation of buy now pay later (BNPL) services to protect consumers and put all credit providers on a level playing field. Today the Australian Finance Industry Association released a self-regulatory code of conduct for BNPL providers. While it’s positive to see the industry […]