Watch Your Nuts
It’s never been easier to get into debt. And it’s not just those on low incomes struggling to make ends meet – increasingly working people with good incomes are turning to high cost lenders for short...
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Cash Converters taken to court after reforms fail to protect vulnerable
Payday lending reforms from 2013 have failed vulnerable Australians according to Consumer Action Law Centre, as they take Cash Converters to court on behalf of a disability support pensioner over a...
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Payday loans: Laura’s Story
Laura lives in public housing and receives a Centrelink pension. She has a mild intellectual disability and suffers from mental illness. Laura has two young children one of which has a mild...
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Payday loans: James’ Story
James says he has had approximately 8 to 12 payday loans from a payday lender (that also operates as a pawnbroker) in the last 12 to 18 months, but he’s lost count. James says that he was recently...
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Payday loans: Julie’s Story
Julie is a single mother who subsists on Centrelink payments. She was recently involved in a family breakdown and suffers from mental health issues. She has had her Centrelink reduced and as a result...
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Consumer Action Law Centre to enter payday lending market
Consumer Action Law Centre is pleased to announce that it will commence trading as the Consumer Action Loan Centre from 1 July 2016. The new business will specialise in small amount credit contracts,...
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Payday lending reform will make people’s lives better
Consumer advocates say that the Government’s response to a recent review of payday lending and consumer leases laws is a good start and can go further to support Australians who are struggling to make...
View Article120 day delay inflicting greater payday pain
Consumer groups call for the Federal Government to take immediate action to protect payday loan and lease borrowers. The Consumers Federation of Australia, CHOICE, Consumer Action Law Centre,...
View ArticleConsumer Action takes consumer lease provider Rent4Keeps to court
In the same week that the Federal Government has released draft legislation to reform payday loans and consumer leases, Consumer Action Law Centre (Consumer Action) has announced proceedings in the...
View ArticleAre we there yet? (the mysterious case of the vanishing SACC Bill)
Loading.. #countdown-1529296556 .countdown-amount {font-size: 30px;} since the review of the Small Amount Credit Contract laws started. Loading.. #countdown-1529471447 .countdown-amount {font-size:...
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