skip to Main Content

Time to finally end the harm done by Cigno loans

Consumer groups and financial counsellors are urging the Australian Securities and Investments Commission (ASIC) to act now to put an end to the use of harmful lending models used to charge excessive fees on top of short-term loans.  For over four years, fringe lender Cigno has signed people up to…

Read More

Australian consumer groups warn UK Government against industry “self-regulation” of Buy Now Pay Later

Media Release Wednesday, 19 January 2022 Australian consumer groups warn UK Government against industry “self-regulation” of Buy Now Pay Later Financial Counselling Australia and the Consumer Action Law Centre have shared Australia’s experience of weak consumer safeguards for Buy Now Pay Later (BNPL), as part of the UK Government’s consultation…

Read More

Financial Counselling Australia welcomes continued funding for small business financial counselling

  Financial Counselling Australia (FCA) welcomes the Federal Government’s announcement of continued funding for the Small Business Debt Helpline until the end of 2022. The Small Business Debt Helpline is a free service for small busines owners in financial difficulty.  Staffed by specialist small business financial counsellors, the Helpline provides…

Read More

Consumer advocates welcome recommendation for stricter controls of credit funded gambling online

  Financial Counselling Australia (FCA), Financial Rights Legal Centre and the Consumer Action Law Centre welcome the Parliamentary Joint Committee on Corporations and Financial Services’ recommendation for legislation to prohibit online gambling operators from accepting credit card funded deposits. Yesterday the Committee released its report, which recommended that gambling companies be…

Read More

Thousands turn to free financial counselling during latest lockdowns

Thousands turn to free financial counselling during latest lockdowns Thousands of individuals and small business owners have sought help from the National Debt Helpline (NDH) and Small Business Debt Helpline (SBDH) as they struggle with financial issues during the current lockdowns. The two national not-for-profit organisations run free financial counselling…

Read More
×Close search
Search