Banking and financial services: Making small loans safer: The Consumer Credit Legislation Amendment (Enhancements) Act 2012 (original) (raw)

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Banking and financial services: Making small loans safer: The Consumer Credit Legislation Amendment (Enhancements) Act 2012

The Proctor, 2013

Therese WilsonTherese Wilson

Abstract

Key changes to national consumer credit legislation offer greater protection by prohibiting very short 'payday loans', restricting loan rollovers and capping credit charges on small contracts.

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