Consumer lending (874 items)

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Minnows cut home loan rates

Four credit unions and three mortgage managers have cut some or all of their variable-rate home loans by 25 basis points, in the line with the cut in the RBA cash rate announced this week. read more

Cash Converters sued over payday loans

The lobbying war between consumer groups and short-term lenders over the Government’s plan to impose a cap on personal loan rates entered a new phase on Friday, when a Melbourne pensioner lodged a complaint against lender Cash Converters in the Victorian Magistrates Court. read more

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