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Showing 11 - 16 of 16 results for "payday lenders"

Victorian government boosts Good Money funding

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 MAY 2015  |  NEWS
... accessed savings or 40% used credit cards. "We need to offer people on low incomes a viable alternative to high cost payday lenders," said Corinne Proske, head of community finance and development at NAB. "We know that Good Money is doing just this with ...

ASIC issues report on payday lending

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2015  |  NEWS
... improve its consumer protections or face more enforcement action. ASIC issued a report recently that found that some payday lenders are "engaging in conduct that risks breching responsible lending obligations," according to the report, Payday Lenders ...

Investors to engage with payday lenders over practices

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2015  |  NEWS
A coalition of investors and other stakeholders are planning to engage with ASX-listed payday lenders and goods rental companies in a campaign to improve their lending policies to financially vulnerable Australians. Michael Walsh, UCA Funds Management ...

StepUP loans provide social, economic return on investment

RACHEL ALEMBAKIS  |  FRIDAY, 19 APR 2013  |  NEWS
... and towards economic resilience. The other big statistic was that nearly two thirds of clients previously using payday lenders had stopped using them. That's an unbelievable outcome for us - we're delighted. The other really good part for us as well ...

Banks' plans address Indigenous hiring, financial exclusion

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUN 2012  |  NEWS
... people at a certain level and then we stop, and that leaves a whole lot of Australians whose only form of credit is payday lenders or loan sharks," said Glen Brennan, head of Indigenous finance and development at National Australia Bank. "One of the ...

NAB partners to launch Victorian microfinance retail hubs

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
... services. Our research has shown us there is a significant gap in the market where banks have one retail offering and payday lenders have a very different offering that often contributes directly to financial hardship or crisis due to very high fees ...
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