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ASIC takes not-for-profit lender to task over interest overcharges

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Australian Broker | 25 Jul 2013, 07:00 AM Agree 0
A not-for-profit lender will pay consumers back around $157,000 in overcharged interest following an ASIC enforcement
  • Keith of the west | 25 Jul 2013, 09:10 AM Agree 0
    No such thing as a free lunch!
  • Country Broker | 25 Jul 2013, 09:19 AM Agree 0
    This is god to see even if its a not for profit , just wonder if ASIC are looking at the Banks just as hard as this ?
  • not so old broker | 25 Jul 2013, 09:21 AM Agree 0
    Makes a mockery of Bill Shorten's mantra suggesting that the payday lenders' market is corrupt and its shortcomings can be taken care of by the NFP sector. What a joke!
  • SIDBROKER | 26 Jul 2013, 02:48 PM Agree 0
    So ASIC. Now that you have had some practise taking on one of the big lenders are you now going to clean up the big ones?
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