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What Changes Are Being Made to Afterpay and Buy Now, Pay Later Providers and How Does It Impact You?

What Changes Are Being Made to Afterpay and Buy Now, Pay Later Providers and How Does It Impact You?
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Stephen jonesInvestments commissionCurtin universityNational consumer credit protectionAssistant treasurer stephen jonesNational consumer credit protection actAustralian securitiesAustralian credit licenceFor hummLittle things

The rules for Afterpay, Zip and other buy now, pay later providers are changing What it means for you, and them

More credit checking, spending limits and caps on fees are among the changes being imposed on buy now, pay later lenders.

Stephen jonesNational consumer credit protectionCurtin universityInvestments commissionAssistant treasurer stephen jonesNational consumer credit protection actHow afterpayAustralian securitiesAustralian credit licenceBuy now pay laterConsumer debtFinancial stress

Buy Now, Pay Later to Be Treated Like a Credit Service in Australia

The government is cracking down on buy now, pay later services used in Australia. It’s a modern twist on the old classic that is credit card debt.

New south walesStephen jonesFinancial serviceCredit act the national codeAustralian creditFinancial service minister stephen jonesResponsible lendingBorrowing summitAustralian credit licencesResponsible lending obligationsBuy nowPay laterNational credit codeAustralian credit licenceRegulating buy nowZip pay

Indexation is looming – should you pay off a HECS debt before 1 June?

The Federal Government recently announced that the HECS-HELP annual indexation will increase to 7.1 per cent on 1 June this year, and according to BDO’s Marie Ryan it’s causing headaches for anyone wanting to enter the property market.

United kingdomOmarie ryanInternational ltdAustralia ltdCorporate finance ltdFederal governmentBrett jordanFinance ltdAustralian credit licenceProfessional standards

Cairns Pawnbroker and Banned Employee Charged with Unlicensed Credit

Cairns Pawnbroker and Banned Employee Charged with Unlicensed Credit
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Colin hulbertIndigenous consumer assistance networkNational creditCairns magistrate courtCairns magistrates courtCash lenders pty ltdCash lendersCommonwealth directorPublic prosecutionsFederal courtAustralian credit licenceNational credit actCairns magistrate