Daily Archives: May 18, 2016


ASIC penalises Westpac financier for NCCP breach – Mortgage Business

As read in Mortgage Business ASIC has found a Westpac-owned credit provider guilty of breaching important consumer protection provisions in the National Consumer Credit Protection Act (NCCP). Capital Finance Australia, a subsidiary ofWestpac, has paid penalties totalling $493,000 after ASIC found that between March and June 2015, the car finance provider failed on 55 occasions to provide customers with […]