Daily Archives: April 8, 2015


Payday lender slapped with multimillion dollar fine – Aust Broker Online

As read in Aust Broker Online – A payday lender has been slapped with the largest civil penalty ever obtained by ASIC, demonstrating the regulator’s ‘no tolerance’ policy for irresponsible lending. Payday lender, The Cash Store and loan funder, Assistive Finance Aust were charged with $18.975 million in penalties by the Federal Court for their […]