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Cash Converters salesman Matthew Talbot in Sydney. The firm says a cap on lending fees will put firms out of business. Picture: Alan Pryke Source: CASH Converters says the government's proposed cap on fees levied by short-term lenders
Our opinion is that all payday lenders do more harm than good. A SYDNEY pensioner who sought an $800 loan from payday lender City Finance to buy Christmas presents was forced to pay an extra $400 for Manage Money DVDs. In April she went back to City
The National Financial Services Federation, a lobby group representing micro-lenders, will today start running newspaper advertisements against the Government's proposed reforms to payday lenders. Under the changes to the National Consumer Credit
In addition to payday loans, participants will examine auto title loans, for-profit college loans, and refund anticipation loans. Legal scholars, economists and lending company representatives will also explore emerging regulatory efforts,
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Laws to cap 'payday loans' could put people out of business: Cash Converters salesman Matthew Talbot in Sydney. ...
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