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Lenders issuing defaults too quickly: COSL

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Australian Broker | 26 Oct 2011, 05:00 AM Agree 0
Lenders are continuing to take quick enforcement action against delinquent borrowers in spite of MFAA rules to the contrary, COSL has claimed
  • frank | 26 Oct 2011, 11:04 AM Agree 0
    my my so the Banks are acting contrary to what the MFAA rules state. time to take action then.
  • Scopher | 26 Oct 2011, 10:11 PM Agree 0
    COSL is nothing but a client advocacy! There is nothing about them being an INDEPENDENT dispute resolution service as they claim. I wonder why ASIC doesn't investigate their use of the word independent... not likely to happen in a million years!
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