Let me make it clear about ‘Predatory and unscrupulous’: MP targets payday loan providers

Let me make it clear about ‘Predatory and unscrupulous’: MP targets payday loan providers

Federal work MP Milton Dick is on an objective to curtail just just exactly exactly what he contends was an expansion of high-interest payday loan providers preying from the susceptible in their Oxley electorate in Brisbane.

Across Australia, payday lenders such as for example Cash Converters, Wallet Wizard, Stress Less Money and Cash Train have actually enticed a predicted 4.7 million loans amounting to $3 billion in only 36 months because the Coalition launched a separate post on the sector in 2015. Read more