Labor announces crackdown on dodgy credit offers

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Buying a new car or TV on credit will soon be harder if Labor can get new laws through federal parliament this week. 9News

Source: Financial Digest (financialdigest.net)

 

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Never trusted the looks of this guy, and each week they seem to get worse.

Showing your bias much - dodgy credit helps no one.

Great

I'M With U. People R trapped n no way can they get ahead.The cost over time IS TWICE THE AMOUNT, THAN IF CASH WAS PAID UP FRONT. Desperate people hv the best intention, As does th DEALER$'S IN HIS POCKET. BOOK HIM DANNO‼️🤬

I’m reluctantly agreeing with this. The only thing is, he’s setting himself up for a lawsuit by people like Cash Converters and Nimble who might sue the Government for restraint of Trade

Didn’t know you could buy a car on TV. Technology, eh.

I think news meant to say: 'Dodgy credit companies have no place in Australia... '

Bill cleared this one with wifey-dear first so it's all ok. He alwaya panders to the pink, they are his master.

Again, billshortenmp rushing into making changes without considering the ramifications on industries like retail, automotive, realestate, building etc. These changes have flow on effects & must not be rushed

Don't trust shorten and the labor party .

Why would anyone want to get credit from a dodgy credit provider? If you can't get it from a reputable provider you don't qualify. You are only going to get ripped off or have your goods repossessed.

Cool!! Bill's buying me a car and a tv.

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