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Federal Court rules in favour of ASIC against payday lenders

ASIC has won its court case against Cigno Australia and BSF Solutions. ....

Mark Swanepoel , Brenton Harrison , Sarah Court , Investments Commission , Federal Court , Cigno Australia , Australian Securities , Upfront Charge Loan ,

Cigno, BSF breached Credit Act

The Federal Court has found Cigno Australia Pty Ltd and BSF Solutions Pty Ltd engaged in credit activity without an Australian Credit licence and charged consumers prohibited fees. ....

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ASIC Victory in Four-Year Pursuit of High-Fee Lenders

ASIC Victory in Four-Year Pursuit of High-Fee Lenders
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ASIC Triumphs Over Cigno, BSF Solutions in Federal Court

ASIC Triumphs Over Cigno, BSF Solutions in Federal Court
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ASIC victory in four-year pursuit of high-fee lenders

Two Gold Coast lenders could face hefty fines after charging over $70 million in fees for less than. ....

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