Because ‘buy now, pay later’ companies are not regulated under the National Credit Act, Afterpay is not legally required to observe responsible lending obligations.
www.shutterstock.com
People are stressed out about money, with most of us struggling to make ends meet due to abusing credits cards and amassing consumer debt. Some tips on how to change your spending behaviour.
Zip Co’s ‘buy now pay later’ service is growing in popularity. But because its business model avoids the responsible lending requirements, consumer advocates are worried.
Wikimedia
Many children receive gift cards or even ask for them so they can choose their own presents. But are youngsters ready to handle the wiles of advertisers and the complexities of 'credit' on a card?
Many people on low incomes are paying dearly for access to credit.
shutterstock.com
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here's why you should resist the strong temptation to do so.
Online frauds on credit cards are on the rise especially during holidays.
Mighty Travels/Flickr
Modesty in your spending (and half an eye on the future) could make you very cheerful indeed.
New RBA changes could mean SME’s can’t rely on commercial credit cards to pay suppliers and wait out long payment terms with big business.
JOERG CARSTENSEN/AAP
If the RBA includes commercial credit cards in new caps on interchange fees, small to medium enterprises might not be able to use them as a source of finance.
Former ANZ customer Julian Saliba (left) and Maurice Blackburn national head of class actions Andrew Watson speak to the media in Melbourne yesterday.
Megan Neil/AAP
Business Briefing: what happens to your credit history.
As credit reporting agencies find new ways to make money out of people accessing their credit histories, agency wrongdoing is calling into question the whole business model.
Phishing attempts tend to rise during the festive season when people are more likely to respond to online marketing and to spend more money. How can you protect yourself?
Prime minister Malcolm Turnbull has accepted almost all the recommendations from the Murray Inquiry into the financial system.
Mick Tsikas/AAP
The Turnbull government will ban businesses from charging consumers excessive surcharges on their credit cards, and move to inject more competition into the superannuation industry.
US credit cards are starting to get a new look.
Reuters
The US has been accused of inflicting their commercialised version of Halloween on us, and now we have the horror of the Black Friday “celebrations” in our calendar as well. In the US, this is the day…