Buy now, pay later: The modern debt trap
Most people use BNPL services such as Afterpay and Zip with few issues, but for some the easy access to credit can lead to financial distress.
Credit Cards and Loans
Mortgage stress on the rise across Australia, with Tasmania hit hardest
Meanwhile, some crossbench senators say they won’t support the government’s plan to axe safe lending laws.
Are wage advances the new payday loans?
Profiting from people living pay cheque to pay cheque may put Beforepay and MyPayNow at odds with their lofty marketing.
Keep safe lending laws intact, urge consumer rights groups
The bid to scuttle consumer credit protections reaches the Senate.
How do card chargebacks work?
We explain how to get a transaction reversed on your card and what you can do if you run into problems.
More than one in 10 Australians using buy now, pay later, just to get by
The results of our latest Consumer Pulse survey show that BNPL platforms are not just for life’s little extras’.
No interest, no late fees, no worries? NAB and CBA launch interest-free credit cards
The big banks’ latest push back on the fintech sector offers young Australians a whole new way to fall into debt.
CHOICE slams government wind-back of responsible lending laws
Removing credit protections will cause harm to people and the economy.
Predatory lender Cigno faces second ASIC intervention
ASIC used its intervention powers to ban Cigno’s lending model last year. Now it’s looking to ban Cigno’s revamped model, too.
